EVs have taken the world by storm. The usability and overall efficiency of these vehicles have led to people worldwide switching from traditional vehicles to EVs.
The gradual shift of government towards establishing electric vehicles as the main mode of transportation has led to several interesting developments in hybrid systems used in cars.
ABB which makes fast electric chargers for cars, buses and trucks wants to spend $750 million on expanding its operations, the company said at its capital markets day on Thursday.