An EV decade: Transformative 2025-2035

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A continuous growth of EV sales estimating upto 40% year on year despite the supply issues faced by the complete automobile industry.

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According to the sources,the period of 2025-2035 can be a fundamental transformation in a century of automobile’s history.

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Driven by falling battery costs,giving scope for Evs to achieve a parity in price with internal combustion cars creating space for them in the market.

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The forecast says that automakers will spend more than $515 billion through 2025 developing infrastructure for manufacturing.

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More than 100 EV models are estimated to be available in the U.S by 2025,spreading different market segments.

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In 2019,Global Sales tripled and a record was set in the U.S market,Tesla also recorded an increase in sales in the first quarter of 2022

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Though the demand is rising, anticipating availability of raw materials and continuous production of batteries is still a challenge

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Which is the cheapest electric car in the USA?