JULY- SEPTEMBER 2023ELECTRICAL BUSINESS REVIEW6The electric mobility market is growing at an incredible rate, with over 2 million electric vehicle sales in the first quarter of 2022. This expansion is mostly owing to favorable government policies and laws, increased environmental concerns, and growing adoption of electric mobility (e-mobility). Climate change is expediting the transition to electric vehicles (EVs) and e-mobility.The EV market is expected to develop at a compound annual growth rate (CAGR) of 44.6% between 2022 and 2029. This market is expected to grow from US$147.56 billion in 2022 to US$1,951.51 billion in 2029. The increasing usage of self-driving vehicles and the expanding trend of shared mobility all provide profitable growth potential for this market.This issue of Electrical Business Review features which highlights some of the key developments in the e-mobility sector throughout. It showcases companies like Scame, a manufacturer of adaptable and innovative charging components and systems for electric vehicles. As moves more toward the use of EVs and e-mobility, the necessity for charging stations across the continent becomes a major concern, and companies like Scame are contributing to the EV revolution with their charging components. Sacha Porges, Global Director, Customer Quality & Programs, GKN Automotive, and Mark Sutton, VP Engineering APAC, Adient, also contribute to the publication. They each discuss how replacing traditional technology with AR wearables might reduce the extent of errors in driving EVs and how autonomous mobility as an industry has enormous growth potential. Write to us about how the e-mobility revolution in has affected the functioning of your organizations!The Future of TransportationCopyright © 2023 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Editorial StaffOlivia HarperDavid CarterPaisley AaronClaire JonathanVisualizersAsher BlakeChris LynnManaging EditorAndre Brown Disclaimer : *Some of the Insights are based on our interviews with CIOs and CXOsAndre BrownManaging Editoreditor@electricalbusinessreview.comJuly- September 2023, Volume - 02, Issue - 03Published by ValleyMedia, Inc.To subscribe to Electrical Business ReviewVisit www.electricalbusinessreview.com Email:sales@electricalbusinessreview.comeditor@ electricalbusinessreview.commarketing@electricalbusinessreview.comEDITORIALCONTENTS
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