Electric Vehicle Market Size, Business Opportunity and Future Demand by 2030 | The insight Partners
Description: The Electric Vehicle Market is expected to grow from US$ 385.25 billion in 2022 to US$ 1,376.09 billion by 2030; it is estimated to grow at a CAGR of 17.3% from 2022 to 2030.
The largest EV markets in 2023 are expected to be China, the United States, and Europe. China is the world's leading EV market, with over 60% of global sales in 2022. The US and Europe are also major EV markets, with sales expected to continue to grow in the coming years.
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