Electric Vehicles Research
Mar 21, 2024
The Opportunities & Barriers Facing 3D Printing for Electric Vehicles
The electric vehicle (EV) market experienced another exciting year of growth in 2023. Following a 62% increase in electric car sales in 2022 compared to 2021, IDTechEx predicts a 16% increase in global sales for 2023. However, growth was somewhat constrained during the year due to the performance of plug-in hybrids (PHEVs) in Europe, particularly in the first half of 2023, partly attributed to subsidy reductions in Germany. Nevertheless, many agree that EVs represent the future of the automotive industry, particularly for passenger cars.