Electric Vehicle Global Market Size at Gerald Miner blog

Electric Vehicle Global Market Size. Electric cars accounted for around 18% of all cars sold in 2023, up from 14% in 2022 and only 2% 5 years earlier, in 2018. The global electric vehicle market size was valued at usd 500.48 billion in 2023 and is projected to grow from usd 671.47 billion in 2024. This share was over 90% in norway, and in china, it was almost 40%. The global electric vehicle market size was valued at $163.01 billion in 2020, and is projected to reach $823.75 billion by 2030, registering a cagr of 18.2% from 2021 to 2030. 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 the chart below, you can explore these trends across the world. In 2024, the revenue in the electric vehicles market is projected to reach a staggering us$786.2bn worldwide.

Global Electric Vehicle Sales Crossed 10 Million in 2022; Q4 Sales up
from www.counterpointresearch.com

Electric cars accounted for around 18% of all cars sold in 2023, up from 14% in 2022 and only 2% 5 years earlier, in 2018. This share was over 90% in norway, and in china, it was almost 40%. In the chart below, you can explore these trends across the world. 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 2024, the revenue in the electric vehicles market is projected to reach a staggering us$786.2bn worldwide. The global electric vehicle market size was valued at $163.01 billion in 2020, and is projected to reach $823.75 billion by 2030, registering a cagr of 18.2% from 2021 to 2030. The global electric vehicle market size was valued at usd 500.48 billion in 2023 and is projected to grow from usd 671.47 billion in 2024.

Global Electric Vehicle Sales Crossed 10 Million in 2022; Q4 Sales up

Electric Vehicle Global Market Size Electric cars accounted for around 18% of all cars sold in 2023, up from 14% in 2022 and only 2% 5 years earlier, in 2018. The global electric vehicle market size was valued at usd 500.48 billion in 2023 and is projected to grow from usd 671.47 billion in 2024. Electric cars accounted for around 18% of all cars sold in 2023, up from 14% in 2022 and only 2% 5 years earlier, in 2018. In 2024, the revenue in the electric vehicles market is projected to reach a staggering us$786.2bn worldwide. 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 the chart below, you can explore these trends across the world. This share was over 90% in norway, and in china, it was almost 40%. The global electric vehicle market size was valued at $163.01 billion in 2020, and is projected to reach $823.75 billion by 2030, registering a cagr of 18.2% from 2021 to 2030.

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