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2025 Will Be An Important Year For Electric Vehicles, Executive Says

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A new presidential administration will be less friendly to EVs. But not all is gloomy for EVs, an executive of EV Connect says.
The article from Forbes, published on January 17, 2025, discusses the significant developments expected in the electric vehicle (EV) sector for the year 2025. An executive from a leading automotive company highlights that 2025 will be pivotal due to several factors including advancements in battery technology, increased government incentives, and a broader consumer acceptance of EVs. Key points include the introduction of new, more affordable EV models, improvements in charging infrastructure, and regulatory changes aimed at reducing carbon emissions. The executive also notes the competitive landscape, with traditional automakers and new entrants like Tesla and Chinese manufacturers vying for market share, predicting that these dynamics will accelerate the transition to electric mobility. Additionally, the article touches on the potential challenges such as supply chain issues for critical materials like lithium and cobalt, and the need for a robust recycling system for batteries.

Read the Full Forbes Article at:
[ https://www.forbes.com/sites/billkoenig/2025/01/17/2025-will-be-an-important-year-for-electric-vehicles-executive-says/ ]