The Philippine electric vehicle industry is poised for growth, thanks to a number of factors, including government incentives, increasing demand, and the availability of new models.
The global electric vehicle testing, inspection, and certification market is estimated to reach $4,038.2 million in 2031, reveals the premium market intelligence study by CRI Report.
The APAC fluids and lubricants market for electric vehicles is projected to reach $2,363.8 million by 2031 from $182.8 million in 2022, growing at a CAGR of 32.89% during the forecast period 2022-2031.
North America is currently the most advanced and competitive automotive market in terms of electric vehicle production and distribution. The presence of automotive giants such as Ford, Tesla, GM, and Fiat Chrysler are responsible for the cruising production of electric vehicles in the region. Companies created a forum where they could discuss, learn, and share […]