The fact that global sales of electric vehicles (EVs) reached 10% in 2022 is a significant milestone in the shift towards sustainable transportation. It indicates a growing demand for EVs and a decrease in the demand for traditional gasoline-powered vehicles. This trend is likely to continue in the coming years, leading to a significant disruption in the automotive industry.As more and more consumers opt for EVs, automakers will need to shift their focus and invest in the production of electric cars. The increased demand for EVs will also lead to the development of more advanced battery technology and charging infrastructure. This, in turn, will help to make EVs more affordable and accessible to a wider range of consumers.The shift towards EVs will also have a significant impact on the oil and gas industry, as the demand for gasoline and diesel will decrease. This will likely lead to a decrease in the price of oil and a shift in the global energy mix.Overall, the fact that global EV sales hit 10% in 2022 is a clear indication that the transition to sustainable transportation is well underway and that the automotive industry is facing one of the greatest disruptions in history.
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