By Anshula Mandaokar, 28 April, 2023
Electric cars have already set up their place in the market. The vehicles of such kind have growing demand with the environmentally friendly petrol-less scooters and cars to run on the road.
According to the reports, the openness and adoption for the electric cars vary significantly between the states in the United States. Some states also appeared to embrace EVs in bulk. The reason behind taking the electric vehicles in large numbers- considering the EV as the future of transportation, also other states are home to most of them being sceptical about the practicality and the feasibility of the electric vehicles.
As per the information gathered, the survey reports lay down that California is one of those states which is at the forefront of the electric car revolution. More than 30 percent of the respondents says, they also consider the propulsion type ‘electric’ when it comes to buy a car. Maryland, New York, and New Hampshire also count up to 30 percent of people keeping an electric vehicle in min d in 2022.
The global electric vehicle market was valued at $163.01 billion in 2020, and is projected to reach $823.75 billion by 2030, registering a CAGR of 18.2 percent from 2021 to 2030.
Again, the reports show that on the other hand of the scale, the states- Dakota, Alaska and Kentucky have showed relatively little interest upon adopting electric cars as a viable option for transportation reasoning the feasibility and practicality of these vehicles.
Anshula Mandaokar
Team Lead - Research
The most advanced graphic cards Nvidia’s are selling more than $40,000 on eBay, as demand rises for chips to train and deploy the artificial intelligence software. In March 2023, the company has announced several initiatives to broaden it reach in…
With rising market on the newly launched ChatGPT, there has been some rumours that Google has copied Microsoft-owned OpenAI’s ChatGPT to train its AI chatbot called Bard. However, Google denied the reports of doing anything like this kind.
According…
The United States economy adds up jobs quicker in March 2023. With this, the unemployment rate goes down to 3.5 percent. This signs persistent labor market closeness, which would witness the Federal Reserve raising interest rates again in May 2023.
…
Walt Disney is supposed to lay off thousands of more workers this week as it wants to slash 7000 jobs by the summer 2023. This marks second round of job cuts after a first round that began in March 2023.
Life expectancy has increased all around the world and the gap between highly developed countries and rest of the world is gradually diminishing day by day. There are multiple factors leading to the global progress with good access to sanitation,…