E-Mobility Revolution: Navigating the Landscape of Electric Transportation

The e-mobility landscape is undergoing a significant transformation, driven by a shift away from traditional internal combustion engines towards electric vehicles (EVs) with zero emissions. Notable companies in the EV industry include Tesla, BYD, Volkswagen AG, SAIC Motors, and Stellantis. The shift to e-mobility is powered by factors such as rising emission levels, increasing fuel prices, and the limited availability of fossil fuels. The reduction in EV battery prices has contributed to increased demand, making electric vehicles more cost-effective and competitive with traditional ICE vehicles. However, the EV batteries market is facing a shortage caused by the surging demand for EVs and a scarcity of raw materials, particularly lithium and graphite.