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Emerging Markets Grow Appetite for EVs


Electric vehicle (EV) sales are growing around the world in volume terms, with strong numbers seen this year in emerging markets. Across emerging markets from Southeast Asia to Latin America, there are clear signs that battery EVs (BEVs) are becoming more popular. Drivers are becoming more familiar with the technology, running and purchase costs are more competitive as pump prices remain higher than before the latest energy crisis began, and governments are starting to put firm support behind purchase incentives and supporting grid and charging infrastructure.



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