General Motors has Planned to Build Thousands of Self-Driving Electric Cars in 2018
US: The leading global vehicle
manufacturing company, General Motors Co, has planned to deploy thousands of
self-driving electric cars by 2018 in its test fleets, in partnership with Lyft
Inc, a ride-sharing affiliate. Last year General Motors paid USD500 million for
a minority stake in Lyft which is the second largest ride sharing firm in the
country after Uber.
TechSci Research depicts that to fulfil the
aim of various governments across the globe for reducing harmful gas emissions
from the automobile sector, the companies are increasing the manufacturing and penetration
of electric vehicles in the transportation sector. With increasing focus of these
companies to promote the use of electric vehicles across the globe, the demand
for electric vehicle infrastructure is expected to witness an increase in near future.
According to released report of TechSci Research “Global Electric Vehicle Infrastructure
Market Forecast &
Opportunities, 2021”, the global electric
vehicle infrastructure market is projected to grow at a CAGR of 27% by the end
of 2021. The growth is expected on account of increasing number of electric
vehicles globally and governments’ policy to promote the adoption of electric
vehicles. The development of battery technologies and enhancement in charging
protocols is a big boost for electric vehicle infrastructure. The development
of battery technology and universal charging protocols would lead to upsurge in
demand for electric vehicles and expansion in market for electric vehicle
infrastructure globally.