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Despite the rise of electric vehicles (EVs), the internal combustion engine remains a prevalent choice for consumers around the world. Factors such as infrastructure, affordability, and driving range contribute to this continued preference. In many regions, the availability of charging stations remains limited, making ICE vehicles a more practical option for long-distance travel. Moreover, the lower upfront costs of ICE vehicles, compared to most EVs, appeal to budget-conscious consumers.
Additionally, the rise of the “overland” movement has shifted public perception of pickup trucks. Adventurers are now modifying their trucks for off-road experiences, equipping them with larger tires, suspension upgrades, and additional gear storage. As a result, trucks have become symbols of rugged freedom, offering pathways to exploration and adventure.
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The year 2016 is significant as it marked a turning point in global awareness about climate change and sustainability. The Paris Agreement was adopted, pushing countries to commit to reducing carbon emissions. This was a pivotal moment in mobilizing governments, corporations, and individuals towards a unified goal. The Agreement set rigorous standards, emphasizing the importance of transitioning to renewable energy sources and encouraging innovation. As a result, many organizations began to invest heavily in green technologies, setting the stage for the ambitious growth rates projected for the coming decades.
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