The electric vehicle (“EV”) market is expected to grow exponentially as more people ditch their internal combustion engine (“ICE”) cars for electric cars. Although Tesla has dominated the EV market for a decade, the California-based firm company be dealing with significant competition in the near future.

Several other EV startups, as well as established automakers, have thrown their hats into the electric vehicle race and are expected to release dozens of new EV models over the next five years. For instance, Japanese automotive giant Nissan has now announced that it also plans on investing…

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