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Electric Vehicle Report 2023

We’re witnessing a monumental shift in the automotive realm—a surge toward embracing Electric Vehicles (EVs) as the future of transportation. However, amid this transition towards sustainability, a critical challenge persists. While EVs hold the promise of a cleaner tomorrow, the high expenses linked to battery technology have posed profitability hurdles for many OEMs and gigafactories.

In a commitment to address these challenges head-on, Automotive IQ partnered with ENNOVI on a collaborative journey to conduct a comprehensive market survey engaging numerous automotive professionals. This extensive survey has been instrumental in shaping the electric vehicle industry report, “Cost & Sustainability Concerns in Automotive Battery Pack Creation.”

The insightful report meticulously analyzes the cost challenges encountered by OEMs and suppliers during the creation of their battery packs. Additionally, it delves into their priorities and strategic plans concerning sustainability in this transformative landscape.

For us at Possible EVS, this report reinforces our commitment to driving the evolution of sustainable mobility. By addressing crucial industry challenges, we pave the way for a future where electric vehicles are not just a mode of transport, but a sustainable solution that enhances lives and reshapes the automotive landscape.

Go here to download the full report.

And stay tuned as we unveil more insights and solutions that propel us closer to a greener, more efficient future in mobility.

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