Electric Vehicles

Electric Vehicles
Global Electric Vehicles (EVs) Market to Reach 32.6 Million Units by 2030
The global market for Electric Vehicles (EVs) estimated at 7.9 Million Units in the year 2022, is projected to reach a revised size of 32.6 Million Units by 2030, growing at aCAGR of 19.4% over the period 2022-2030. Battery Electric Vehicles (BEVs), one of the segments analyzed in the report, is projected to record 17.7% CAGR and reach 18.6 Million Units by the end of the analysis period. Growth in the Plugin Hybrid Electric Vehicles (PHEVs) segment is estimated at 21.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at 2.3 Million Units, While China is Forecast to Grow at 18.6% CAGR
The Electric Vehicles (EVs) market in the U.S. is estimated at 2.3 Million Units in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of 5.6 Million Units by the year 2030 trailing a CAGR of 18.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.4% and 16.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13.2% CAGR.Select Competitors (Total 175 Featured) - Audi AGBayerische Motoren Werke AG (BMW GROUP)American Honda Motor Co., Inc.BYD Co., Ltd.Anhui Jianghuai Automobile Co., Ltd.Blue Bird CorporationChang`an Automobile (Group) Co., Ltd.AIXAM MEGA SASCadillacCAF, Construcciones y Auxiliar de Ferrocarriles, S.A.Canadian Electric VehiclesBeijing Automotive Industry Corp. (BAIC)Alkane Truck CompanyBalqon CorporationALIENOPlease note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

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