Based on vehicle type, the market is segmented into passenger cars and commercial vehicles. Based on the drivetrain type, the market is segmented into battery-electric and plug-in hybrid electric vehicles. For each segment, market sizing and forecasting have been done based on value (USD billion...
7. MARKET OPPORTUNITIES AND FUTURE TRENDS Electric Car Rental Industry Segmentation Electric car rental companies hire cars for a set amount of time at a set rate. This service is frequently structured with several local branches, usually located around airports or major areas of the city, and su...
slowing markets and rushed-to-market vehicles, have caused the collapse of some EV manufacturers. For example, in June 2024, EV manufacturer Fisker filed for bankruptcy. Days before, Fisker recalled more than 6,000 Ocean SUVs due to loss of drive power in the motor control units. ...
Electric Vehicle Market Study by Hybrid, Plug-in, and Battery for Passenger Cars, Commercial Vehicles, and Two Wheelers from 2024 to 2034Analysis of Electric Vehicle Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and ...
Most recent update: Nov 2024 Source:Statista Market Insights Methodology Data coverage: The data encompasses B2C enterprises. Figures are based on the sales of new passenger cars. Data on the specifications of the sold vehicles is based on the base models of the respective makes. ...
Most recent update: Nov 2024 Source: Statista Market Insights Methodology Data coverage:The data encompasses B2C enterprises. Figures are based on the sales of new passenger cars. Data on the specifications of the sold vehicles is based on the base models of the respective makes. Modeling ap...
The global electric vehicle market size reached USD 755 Billion in 2024 and is set to grow USD 4,360 Billion by 2033, CAGR of 21.5% (2025-2033).
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The global electric vehicle market size was valued at USD 396.4 billion in 2024 and is expected to reach USD 620.3 billion by 2030 at a CAGR of 7.7% during the forecast period.
In 2022, more than 265,000 fully-electric cars were registered in the UK. Read our guide to the latest EV market trends in 2023 for more insights and commentary.