Too Long; Didn't Read
The automotive industry is approaching a pivotal moment. There’s a shift towards electric powertrain motivated by greater public demand, government policies and new entrants into the market. Volvo, Ford, Jaguar Land Rover and Toyota announced their entire portfolio of cars will be electrified to some degree within the next decade or so. Newcomers such as Tesla and even Dyson are also actively pursuing a purely electric powertrain.