Electric Vehicle Market Thermal Management Systems: Ensuring Efficient Performance
Rise and Rise of Electric Vehicles
Growing awareness about climate change and the need for sustainable practices have led consumers to seek eco-friendly alternatives, prompting electric vehicle market players to boost their portfolios. Consumers are increasingly interested in reducing their reliance on fossil fuels, which has boosted demand for EVs. Governments worldwide are implementing strict emission standards and promoting cleaner transportation. These policies encourage the adoption of EVs by providing incentives, tax breaks, and subsidies.