EV (Electric Vehicle)

Electric Vehicles (EVs) are vehicles powered by one or more electric motors, instead of an internal combustion engine. This shift away from traditional fuel-based vehicles is rapidly gaining popularity in the automotive industry due to the potential increase in efficiency and reduction in emissions. In the procurement sector, having an understanding of EV technology and its associated benefits is essential for staying abreast of current trends and ensuring the most efficient operations possible. With thorough research and careful consideration of the opportunities and implications presented by EVs, procurement professionals can make informed decisions that benefit both their employers and the environment.