Rising Environmental Concerns to Augment Demand for Electric Vehicles Market Globally, Says TMR
The global electric vehicles market is projected to expand at a 19.2% CAGR from 2013 to 2019. The global electric vehicles market stood at a valuation ofS$125.75 bn in 2015 and is likely to touch a valuation of US$271.67 bn by the end of 2019. On the basis of product type, the electric motorcycles and scooters segment is likely to emerge dominant and is expected to reach 9.2 million units in terms of volume in 2019. Owing to the low...
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