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Furthermore, the concept of “smart mobility” takes center stage as automakers integrate cutting-edge technologies like autonomous driving and AI-driven assistance systems. Vehicles are becoming more connected than ever, offering features such as over-the-air updates, real-time traffic analysis, and enhanced safety measures.
Government incentives and environmental regulations are playing a pivotal role in propelling the electric vehicle market forward. Countries worldwide are implementing aggressive policies to phase out internal combustion engines, with some offering generous subsidies and tax incentives for EV purchases.