Precision Micro has successfully secured a series production contract with a renowned German multinational engineering and technology company.
Electric vehicles (EVs) are gradually turning our attention away from petrol. As of February 2025, there are over 1,400,000 fully electric cars in the UK, a jump from 978,000 in 2023.
With sales of electric vehicles (EVs) to private individuals slowing, how are automotive OEMs going to achieve the target of EVs contributing 28 percent of annual sales this year? What are the chances of hitting 80 percent zero-emission new cars in 2030?
As we shift gears towards a net zero future, the question on everyone’s mind is: what’s it going to take for electric vehicles truly to hit the mainstream?
Here, Saqib Saeed, Chief Product Officer at PTR Inc. and CWIEME Berlin advisory board member explores the trade policies impacting the electric component industry and best practices for companies wanting to remain compliant.