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With the rapid growth of the world’s population, environmental concerns, technological innovations, and more, it’s easy to see why the auto industry is undergoing major change. These trends will also influence the way you buy and drive your vehicle in 2022. This article will cover four key trends that will impact the auto industry. The first trend that will have a major impact on the industry is the rise of electric vehicles (EVs). According to the IEA, global EV sales are predicted to exceed 3 million units by 2020.
It is simple to understand why the auto industry is going through a significant transition in light of the world’s population’s rapid increase, environmental concerns, technology advancements, and more. Additionally, these changes will affect how you purchase and operate a vehicle in 2022. Four major trends that will affect the auto industry will be covered in this essay. The development of electric vehicles is the first trend that will have a significant effect on the sector (EVs). By 2020, the IEA predicts that global EV sales will top 3 million units.