Electric Vehicle Market Expected to Reach $351 Billion, Globally, by 2023
According to a new report published by Allied Market Research, titled, Electric Vehicle Market by Type and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global electric vehicle market was valued at $103,342 million in 2016, and is expected to reach $350,963 million by 2023, growing at a CAGR of 19.8% from 2017 to 2023. The passenger cars segment is anticipated to dominate the market throughout the analysis period. The Asia Pacific electric vehicle market accounted for approximately...
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