"Gartner forecasts that by the end of 2025, there will be 85 million EVs on the road, a sharp increase from 64 million in 2024, driven by growth in China and Europe."
"The significant expected demand for ICE vehicles, with a growth rate of 9.2 percent to 2030, suggests ongoing market challenges for the complete transition to EVs which some analysts previously overestimated."
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