EV”s are Here, Almost Growth in the EV Market Creates New Challenges and Opportunities – MENAFN.COM

SourceMENAFN
SectorEconomy
CountryMiddle east

(MENAFN – Newsfile Corp) EV’s are Here, Almost; Growth in the EV Market Creates New Challenges and Opportunities 5-Minute Ultra-Fast Charging Capability Achieved by NEO’s Silicon Anode Technology Point Roberts, Washington and Delta, British Columbia–(Newsfile Corp. – June 9, 2021) – Investorideas. com , a leading investor news resource covering electric vehicle stocks releases a special report on the future EV market featuring NEO Battery Materials Ltd.

( TSXV: NBM ) (OTC: NBMFF), a company that intends to become a silicon anode materials supplier to the electric vehicle industry. Read the full EV stock article on Investorideas. com The rapid growth the sector has experienced is expected to continue as governments push for a green auto industry but the EV market is one of both opportunity and challenges as it addresses certain limitations such as a lack of charging stations, battery efficiency and how this “green” industry hopes to deal with the mining demands created by EV production. According to a report from MarketsandMarkets , “The global electric vehicle market size is projected to grow from 4, 093 thousand units in 2021 to 34, 756 thousand units by 2030, at a CAGR of 26. 8%. Factors such as growing demand

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