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Surging market for electric vehicles in 2014 and beyond

Manufacturers are offering more electric vehicles than ever. With market prices falling, consumers are welcoming this rapidly growing technology. From the environment to the macro-economy, humanity has much to gain from this emerging industry.
There are many factors coming together to propel the electric vehicle industry. Massive investments in production capabilities are preparing to drive down costs even further through economies of scale. For example, Tesla Motors Incorporated is preparing a production facility capable of producing approximately 500,000 vehicles annually. With increasing production, the global stock of electric vehicles will soon reach one million.

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