Have you ever wondered what the future would be like? What does the future hold?

The current opportunity to transform the way we move fundamentally results from changes in three main areas: regulation, consumer behavior, and technology. As we talk about technology, governments in the world are encouraging the EV(Electric Vehicle) industry through subsidies and regulations. Consumers are demanding low-emission commuting instead of fossil fuel-driven vehicles, which will endanger our planet.

The demands influenced as the environment imperative goes mainstream, global enterprises are taking steps to focus on sustainability and green supply chains. It can be achieved through the circular economy as it involves remanufacturing, re-using products, and putting less strain on the environment and resources. Electric vehicles fit into the circular economy well as their major components, such as batteries and drive units, are designed for remanufacturing and re-use.

The major shift aligned with a quick survey conducted by muniyo.com. Out of 488 people, 87% think electric vehicles will be the future leader in the automotive industry.

There’s no doubt that EVs are the future of driving and mobility, however, in your opinion, what are the other significant factors that’d make this shift happen besides concern for emissions?

Let’s discuss it!