The EV industry has seen huge growth, so keeping on top of trends is important for fleet managers if they want to transition to fleet electrification: Increased production and sales: Expect new models and continued demand for EVs. Battery technology advancements: Battery technology is improving, with larger-capacity batteries and faster charging times becoming available. Government incentives: Governments are offering incentives to encourage EV adoption, such as tax breaks and grants. Infrastructure development: More charging stations are being built to support the growing number of EVs on the road. Increased competition: As more manufacturers enter the market, competition increases, leading to lower prices and more options for consumers. The growing popularity of shared and autonomous vehicles: Electric shared and autonomous vehicles are becoming more popular and are expected to drive growth in the EV market.