Transportation and the supply chain industry witnessed unprecedented challenges in 2023. From market shifts and bankruptcies to labor unrest and global trade partnerships, the year was marked by events that shaped the industry in more ways than one.
Electric Vehicles (EVs) are continuing to evolve throughout the globe and in various industries. The number of electric vehicles used worldwide has increased significantly, from 1.3 million in 2015 to an estimated 40 million in 2023. The drive for the adoption of electric vehicles is environmental concerns, government policies, and overall consumer preferences.