EV - New Infrastructure Bill Bolsters Growing Electric Vehicle Manufacturing Market

The global economy is starting to make serious movements away from fossil fuels, and the single largest consumer of fossil fuels is transportation. Electric vehicles, or EVs, have become the answer to growing environmental concerns, with President Biden aiming for 50% of the US auto fleet to be electric by 2020.  Add to that the newly-passed US infrastructure bill, includes an impressive $85 billion in EV charging infrastructure funding and it’s clear that all eyes (and wallets) are focused on the EV market. As a complex product, EVs rely on several supply chains, creating a lucrative opportunity for ...