Skip to content Skip to sidebar Skip to footer

Global EV Market to Grow by USD 343 Billion by 2028

-The global electric vehicle (EV) market is projected to grow by USD 343.01 billion from 2024 to 2028, at a CAGR of 13.51%.

-Increased demand for low-emission and fuel-efficient vehicles is driven by high fuel prices and geopolitical tensions.

-Government policies, technological advancements, and consumer awareness are accelerating the transition to EVs.

-The Battery Electric Vehicle (BEV) segment is leading the market, with popular models like Tesla Model 3 and Nissan LEAF.

-Challenges include inadequate EV charging infrastructure and high costs of charging stations, which require government and vendor collaboration to resolve.

Read the full article on Saur Energy

0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x