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As the market for 8% passenger vehicles gains traction, several trends are emerging. Firstly, the proliferation of electric vehicles (EVs) has accelerated, with many manufacturers set to phase out traditional internal combustion engines in favor of models that not only meet but surpass environmental benchmarks. Additionally, advancements in charging infrastructure and battery technology are making EVs more accessible and convenient for consumers.


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The primary purpose of passenger vehicles is to provide flexible and convenient transportation options for individuals and families. They facilitate personal mobility, enabling people to travel to work, school, and leisure activities. Beyond individual convenience, passenger vehicles are essential for the economy, as they support various industries, including tourism, retail, and services. The ability to transport goods and people efficiently contributes significantly to economic growth and urban development.


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