ASIA PACIFIC Region Holds the Largest Share of the Electric Vehicle Market. The Asia Pacific region is drawing in many electric vehicle suppliers due to favorable regional and global factors. With smart regulations and a strong industrial foundation, China is leading the way in innovation for electr...
Asia Pacific exhibits a clear dominance, accounting for the largest electric vehicle market share The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Norway, Netherlands, Sweden, the United King...
such as Tesla and Renault, have launched efficient products in the Europe market. Renault Zoe managed to secure the first spot for electric passenger cars sold in Europe in 2020. By the end of September 2020, Renault Zoe, Nissan
In 2024, the less than 100kW segment is expected to account for the largest share of approximately 60.0% of the North America electric car market. This segment's large share is mainly attributed to the increasing usage of light electric cars in the central business districts of major cities,...
The Global Electric Vehicles Market is expected to reach USD 1462.76 billion in 2025 and grow at a CAGR of 16.90% to reach USD 2731.59 billion by 2029. Ford Motor Company, Stellantis N.V., Tesla Inc., Toyota Motor Corporation and Volkswagen AG are the ma
The battery electric vehicle (BEV) market size exceeded USD 300 billion in 2022 and is slated to observe around 15% CAGR during 2023 to 2032.
chief executive of luxury carmaker Mercedes-Benz, said the company plans to double its global sales of electric vehicles this year. "The share of EVs in the European market is likely to grow this year as more models arrive and supply chain issues...
Plug-in electric vehicle market share by manufacturer 2023 + Vehicles & Road Traffic Volkswagen Group revenue 2006-2023 Access all statistics starting from$1,788 USDyearly* * For commercial use only Basic Account For single users $0 USD
Data from the California Energy Commission (CEC) indicate 115,897 electric cars were registered in the state in the 3rd quarter. EV market share almost rose to a new record. At 26.4% share of the California new auto market, it was the second best quarter in history in that regard. ...
The global electric passenger cars market size was valued at USD 120.81 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 32.5% from 2021 to 2028. Worldwide, the sales of passenger cars dipped considerably as the automo