electrification (esp. automotive)
Refers to the shift from internal combustion engines to electric powertrains in vehicles, or more broadly to the adoption of electric power in industrial contexts.
Automakers are accelerating electrification.
The trend toward electrification is spreading to motorcycles as well.
Compound of 電動 (electric-powered) and 化 (-ization). The term gained prominence with the automotive industry's move toward electric vehicles.