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ELECTRIC VEHICLES
Fossil-fueled vehicles are major sources of air pollution globally. As a result, many governments around the world are compelled to pass strict emission laws and regulations on carmakers to reduce vehicle emissions. The demand for Battery Electric Vehicles (BEVs) has increased tremendously in recent years as these automobiles do not use fossil fuels, such as diesel or gasoline. The overall maintenance cost of Electric Vehicles is also quite low, which gives them a significant advantage over vehicles using fossil-fuels. Globally Electric vehicles have a market size of USD 384.65 billion in 2022 and its growth is projected to be over 1.5 trillion by 2030.