Transportation is currently the fastest-growing source of greenhouse emissions worldwide, accounting for 17% of global greenhouse gas emissions. In response, the global ecosystem for electric vehicles (EVs) is rapidly expanding as governments and the transportation industry realise that switching from fossil fuel-powered transportation to EVs can help cut carbon emissions and slow down global warming. EVs have the potential to reduce these emissions by up to 30%, with even higher percentages possible if the vehicles run on renewable energy.
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