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…
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