The electric vehicle (EV) market has arrived, but the sector primed for biggest growth is the market for electric trucks and buses. While still is in its early days, global demands put it in a promising position to expand steadily in the coming years. Global annual sales are expected to grow by 17 percent compounded annual growth rate (CAGR) through 2030—and that doesn’t include China, which is aggressively electrifying the world’s largest bus market.
“The production of …
Source URL: Demand for Electric Buses and Trucks Is Expected to Soar
Source Website: Advance Engineering – Engineering.com