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Electric Vehicle Market

Global Electric Vehicle Industry Analysis, Size, Share, Growth, Trends, and Forecast 2025-2032 – (By Product Type, By Propulsion Type, By Range, By Geographic Coverage and By Company)

Published Date: Jun 2025 | Format: | No. of Pages: 191

Industry: Automotive & Transport | Author Name: Harshad

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Report Description Research Methodology

FAQ : Electric Vehicle Market

The market is projected to be valued at US$ 1,870.7 Bn by 2032.

A major opportunity in the electric vehicle market is its transition into a phase of concentrated growth, regional market maturity, and increasing technological diversification by the end of the forecast period.

Asia Pacific leads the market with over 54% of market share in 2025.

The market is estimated to record a CAGR of 15.7% from 2032.

Tesla, BYD, Volkswagen Group, BMW Group, Hyundai Motor Group, General Motors (GM), Mercedes-Benz Group, Lucid Motors, and Stellantis are some key industry players.
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