The global electric vehicle market was valued at US$ 340.2 billion in 2023 and is estimated to witness a major leap forward in revenue to US$ 72,798 billion by 2050. The market is registering a CAGR of 21.99% during the forecast period 2023-2050. In terms of volume, the market is registering a CAGR of 21.73% during the forecast period. Read More