EASTERN POWERS
Generating a Brighter Clean Future
Electric Vehicles & Storage
E-MOBILITY
E-mobility refers to the development of electric-powered or electronic drive trains, and moving away from the traditional vehicle design that makes use of fossil fuels and oils. It encompasses fully electric vehicles and hybrid electric vehicles. The main goal of e-mobility is to produce more environment-friendly and efficient vehicles that also happen to meet new regulatory requirements set by governments and other law-setting bodies.
Electric Vehicles and EV charging infrastructure
In 2012, the global market for electric vehicles reached about 83.5 billion U.S. dollars. Between 2013 and 2019, this market is expected to grow at a compound annual growth rate (CAGR) of around 19 percent to 271.67 billion U.S. dollars