Question: Hypothesis 1: There is an increasing concern regarding the environmental sustainability and desire for fuel-efficient transportation are main drivers behind steady growth rate in the

Hypothesis 1: There is an increasing concern regarding the environmental sustainability and desire for fuel-efficient transportation are main drivers behind steady growth rate in the EV market. Hypothesis 2: Rising technological advancements in EV industry such as battery efficiency and low cost of production encourages people to buy EV leading to steady growth overshadowing influence of policies and environmental concerns. Judge the plausibility of Hypotheses 1 and 2. Give your opinion of their plausibility in relative (comparative) and absolute terms. That is, make it clear if you regard one as more plausible than the other, and whether you regard each as having high, moderate, or low plausibility. Briefly defend your judgements of hypothesis plausibility

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