The electric vehicle market size is expected to reach USD 1,422.35 billion by 2034, according to a new study by Polaris Market Research. The report "Electric Vehicle Market Size, Share, Trends, Industry Analysis Report: By Type (Scooters, Motorcycles, Three Wheelers, Passenger Cars, Buses, and Trucks), Propulsion Type, Drive Type, Vehicle Speed, Power Source, Vehicle Class, End Use, and Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Electric vehicles (EVs) are vehicles with electric motors that are powered by a battery instead of a combustion engine. These vehicles can include passenger vehicles, light commercial vehicles, and heavy commercial vehicles. EVs are usually quiet, convenient, and cost-effective as compared to their traditional gasoline-powered counterparts.
Several governments are offering attractive incentives and policies to drive the sales of EVs. Consumers benefit from reduced selling prices, low or zero registration fees, and access to free charging infrastructure at various charging stations. Globally, several governments have waived road, import, and purchase taxes through various subsidy programs. These incentives have also encouraged automobile manufacturers to increase their EV production.
Advancements in battery technology are driving the electric vehicles market expansion. Innovations in battery chemistry, including solid-state and lithium-ion batteries, have resulted in increased energy density and reduced battery charging durations, making EVs more feasible and appealing to consumers. Besides, the declining costs of batteries, primarily driven by the introduction of advanced manufacturing techniques, have increased the affordability of EVs as compared to traditional vehicles. Improved performance capabilities, such as swifter acceleration and increased driving ranges, further drive the adoption of EVs.
Electric Vehicle Market Report Highlights
By propulsion type, the PHEV segment accounted for the largest electric vehicle market share in 2024, as the combination of electric and IC engine power enables the vehicle to travel long distances.
By power source, the 100 kW to 250 kW segment is anticipated to register the highest CAGR from 2025 to 2034. The segment's rapid growth is primarily driven by the growing adoption of electric buses and trucks, particularly for freight service and public transportation.
North America accounted for a considerable revenue share of the electric vehicle market in 2024. This share is ascribed to the growing demand for EVs in the region.
Asia Pacific is anticipated to witness rapid growth during the forecast period, owing to the rising demand for electric cars in major economies such as Japan, India, and China.
BAIC Group, BMW, BYD, GAC Motors, Great Wall Motors, Hyundai Group, Jaguar, Mercedes, SAIC Motors, Stellantis, Tesla, Toyota, and Volkswagen Group are a few key players in the market.
Polaris Market Research has segmented the electric vehicle market report on the basis of type, propulsion type, drive type, vehicle speed, power source, vehicle class, end use, and region:
By Type Outlook (Revenue - USD Billion, 2020-2034)
- Scooters
- Motorcycles
- Three-Wheelers
- Passenger Cars
- Buses
- Trucks
By Propulsion Type Outlook (Revenue - USD Billion, 2020-2034)
By Drive Type Outlook (Revenue - USD Billion, 2020-2034)
By Vehicle Speed Outlook (Revenue - USD Billion, 2020-2034)
- Less Than 100 MPH (Max. Speed)
- 100MPH to 125MPH (Max. Speed)
- Above 125 MPH (Max. Speed)
By Power Source Outlook (Revenue - USD Billion, 2020-2034)
- Less than 100 kW
- 100 kW to 250 kW
- More than 250 kW
By Vehicle Class Outlook (Revenue - USD Billion, 2020-2034)
- Low Priced
- Mid-Price
- High Price
By End-Use Outlook (Revenue - USD Billion, 2020-2034)
By Regional Outlook (Revenue - USD Billion, 2020-2034)
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Netherlands
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Malaysia
- South Korea
- Indonesia
- Australia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Israel
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Mexico
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Electric Vehicle Market Insights
- 4.1. Electric Vehicle Market - Application Snapshot
- 4.2. Electric Vehicle Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. High Energy Efficiency Offered by EVs
- 4.2.1.2. Increasing Fuel Prices
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High Power Consumption
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Electric Vehicle Market Application Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Electric Vehicle Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 5.3. Scooters
- 5.3.1. Global Electric Vehicle Market, by Scooters, by Region, 2020-2034 (USD Billion)
- 5.4. Motorcycles
- 5.4.1. Global Electric Vehicle Market, by Motorcycles, by Region, 2020-2034 (USD Billion)
- 5.5. Three-Wheelers
- 5.5.1. Global Electric Vehicle Market, by Three-Wheelers, by Region, 2020-2034 (USD Billion)
- 5.6. Passenger Cars
- 5.6.1. Global Electric Vehicle Market, by Passenger Cars, by Region, 2020-2034 (USD Billion)
- 5.7. Buses
- 5.7.1. Global Electric Vehicle Market, by Buses, by Region, 2020-2034 (USD Billion)
- 5.8. Trucks
- 5.8.1. Global Electric Vehicle Market, by Trucks, by Region, 2020-2034 (USD Billion)
6. Global Electric Vehicle Market, by Propulsion Type
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 6.3. BEV
- 6.3.1. Global Electric Vehicle Market, by BEV s, by Region, 2020-2034 (USD Billion)
- 6.4. PHEV
- 6.4.1. Global Electric Vehicle Market, by PHEV, by Region, 2020-2034 (USD Billion)
- 6.5. FCEV
- 6.5.1. Global Electric Vehicle Market, by FCEV, by Region, 2020-2034 (USD Billion)
7. Global Electric Vehicle Market, by Drive Type
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 7.3. FWD
- 7.3.1. Global Electric Vehicle Market, by FWD, by Region, 2020-2034 (USD Billion)
- 7.4. RWD
- 7.4.1. Global Electric Vehicle Market, by RWD, by Region, 2020-2034 (USD Billion)
- 7.5. AWD
- 7.5.1. Global Electric Vehicle Market, by AWD, by Region, 2020-2034 (USD Billion)
8. Global Electric Vehicle Market, by Vehicle Speed
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. Global Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 8.3. Less Than 100 MPH (Max. Speed)
- 8.3.1. Global Electric Vehicle Market, by Less Than 100 MPH (Max. Speed), by Region, 2020-2034 (USD Billion)
- 8.4. 100MPH to 125MPH (Max. Speed)
- 8.4.1. Global Electric Vehicle Market, by 100MPH to 125MPH (Max. Speed), by Region, 2020-2034 (USD Billion)
- 8.5. Above 125 MPH (Max. Speed)
- 8.5.1. Global Electric Vehicle Market, by Above 125 MPH (Max. Speed), by Region, 2020-2034 (USD Billion)
9. Global Electric Vehicle Market, by Power Source
- 9.1. Key Findings
- 9.2. Introduction
- 9.2.1. Global Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 9.3. Less than 100 kW
- 9.3.1. Global Electric Vehicle Market, by Less than 100 kW, by Region, 2020-2034 (USD Billion)
- 9.4. 100 kW to 250 kW
- 9.4.1. Global Electric Vehicle Market, by 100 kW to 250 kW, by Region, 2020-2034 (USD Billion)
- 9.5. More than 250 kW
- 9.5.1. Global Electric Vehicle Market, by More than 250 kW, by Region, 2020-2034 (USD Billion)
10. Global Electric Vehicle Market, by Vehicle Class
- 10.1. Key Findings
- 10.2. Introduction
- 10.2.1. Global Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 10.3. Low Priced
- 10.3.1. Global Electric Vehicle Market, by Low Priced, by Region, 2020-2034 (USD Billion)
- 10.4. Mid-Price
- 10.4.1. Global Electric Vehicle Market, by Mid-Price, by Region, 2020-2034 (USD Billion)
- 10.5. High Price
- 10.5.1. Global Electric Vehicle Market, by High Price, by Region, 2020-2034 (USD Billion)
11. Global Electric Vehicle Market, by End-Use
- 11.1. Key Findings
- 11.2. Introduction
- 11.2.1. Global Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 11.3. Personal
- 11.3.1. Global Electric Vehicle Market, by Personal, by Region, 2020-2034 (USD Billion)
- 11.4. Commercial
- 11.4.1. Global Electric Vehicle Market, by Commercial, by Region, 2020-2034 (USD Billion)
12. Global Electric Vehicle Market, by Geography
- 12.1. Key Findings
- 12.2. Introduction
- 12.2.1. Electric Vehicle Market Assessment, By Geography, 2020-2034 (USD Billion)
- 12.3. Electric Vehicle Market - North America
- 12.3.1. North America: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.3.2. North America: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.3.3. North America: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.3.4. North America: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.3.5. North America: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.3.6. North America: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.3.7. North America: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.3.8. Electric Vehicle Market - US.
- 12.3.8.1. US: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.3.8.2. US: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.3.8.3. US: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.3.8.4. US: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.3.8.5. US: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.3.8.6. US: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.3.8.7. US: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.3.9. Electric Vehicle Market - Canada
- 12.3.9.1. Canada: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.3.9.2. Canada: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.3.9.3. Canada: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.3.9.4. Canada: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.3.9.5. Canada: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.3.9.6. Canada: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.3.9.7. Canada: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.4. Electric Vehicle Market - Europe
- 12.4.1. Europe: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.4.2. Europe: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.4.3. Europe: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.4.4. Europe: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.4.5. Europe: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.4.6. Europe: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.4.7. Europe: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.4.8. Electric Vehicle Market - UK
- 12.4.8.1. UK: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.4.8.2. UK: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.4.8.3. UK: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.4.8.4. UK: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.4.8.5. UK: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.4.8.6. UK: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.4.8.7. UK: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.4.9. Electric Vehicle Market - France
- 12.4.9.1. France: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.4.9.2. France: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.4.9.3. France: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.4.9.4. France: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.4.9.5. France: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.4.9.6. France: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.4.9.7. France: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.4.10. Electric Vehicle Market - Germany
- 12.4.10.1. Germany: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.4.10.2. Germany: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.4.10.3. Germany: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.4.10.4. Germany: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.4.10.5. Germany: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.4.10.6. Germany: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.4.10.7. Germany: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.4.11. Electric Vehicle Market - Italy
- 12.4.11.1. Italy: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.4.11.2. Italy: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.4.11.3. Italy: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.4.11.4. Italy: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.4.11.5. Italy: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.4.11.6. Italy: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.4.11.7. Italy: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.4.12. Electric Vehicle Market - Spain
- 12.4.12.1. Spain: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.4.12.2. Spain: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.4.12.3. Spain: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.4.12.4. Spain: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.4.12.5. Spain: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.4.12.6. Spain: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.4.12.7. Spain: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.4.13. Electric Vehicle Market - Netherlands
- 12.4.13.1. Netherlands: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.4.13.2. Netherlands: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.4.13.3. Netherlands: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.4.13.4. Netherlands: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.4.13.5. Netherlands: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.4.13.6. Netherlands: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.4.13.7. Netherlands: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.4.14. Electric Vehicle Market - Russia
- 12.4.14.1. Russia: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.4.14.2. Russia: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.4.14.3. Russia: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.4.14.4. Russia: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.4.14.5. Russia: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.4.14.6. Russia: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.4.14.7. Russia: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.4.15. Electric Vehicle Market - Rest of Europe
- 12.4.15.1. Rest of Europe: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.4.15.2. Rest of Europe: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.4.15.3. Rest of Europe: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.4.15.4. Rest of Europe: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.4.15.5. Rest of Europe: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.4.15.6. Rest of Europe: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.4.15.7. Rest of Europe: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.5. Electric Vehicle Market - Asia Pacific
- 12.5.1. Asia Pacific: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.5.2. Asia Pacific: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.5.3. Asia Pacific: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.5.4. Asia Pacific: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.5.5. Asia Pacific: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.5.6. Asia Pacific: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.5.7. Asia Pacific: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.5.8. Electric Vehicle Market - China
- 12.5.8.1. China: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.5.8.2. China: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.5.8.3. China: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.5.8.4. China: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.5.8.5. China: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.5.8.6. China: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.5.8.7. China: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.5.9. Electric Vehicle Market - India
- 12.5.9.1. India: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.5.9.2. India: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.5.9.3. India: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.5.9.4. India: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.5.9.5. India: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.5.9.6. India: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.5.9.7. India: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.5.10. Electric Vehicle Market - Malaysia
- 12.5.10.1. Malaysia: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.5.10.2. Malaysia: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.5.10.3. Malaysia: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.5.10.4. Malaysia: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.5.10.5. Malaysia: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.5.10.6. Malaysia: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.5.10.7. Malaysia: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.5.11. Electric Vehicle Market - Japan
- 12.5.11.1. Japan: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.5.11.2. Japan: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.5.11.3. Japan: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.5.11.4. Japan: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.5.11.5. Japan: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.5.11.6. Japan: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.5.11.7. Japan: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.5.12. Electric Vehicle Market - Indonesia
- 12.5.12.1. Indonesia: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.5.12.2. Indonesia: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.5.12.3. Indonesia: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.5.12.4. Indonesia: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.5.12.5. Indonesia: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.5.12.6. Indonesia: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.5.12.7. Indonesia: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.5.13. Electric Vehicle Market - South Korea
- 12.5.13.1. South Korea: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.5.13.2. South Korea: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.5.13.3. South Korea: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.5.13.4. South Korea: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.5.13.5. South Korea: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.5.13.6. South Korea: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.5.13.7. South Korea: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.5.14. Electric Vehicle Market - Australia
- 12.5.14.1. Australia: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.5.14.2. Australia: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.5.14.3. Australia: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.5.14.4. Australia: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.5.14.5. Australia: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.5.14.6. Australia: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.5.14.7. Australia: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.5.15. Electric Vehicle Market - Rest of Asia Pacific
- 12.5.15.1. Rest of Asia Pacific: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.5.15.2. Rest of Asia Pacific: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.5.15.3. Rest of Asia Pacific: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.5.15.4. Rest of Asia Pacific: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.5.15.5. Rest of Asia Pacific: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.5.15.6. Rest of Asia Pacific: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.5.15.7. Rest of Asia Pacific: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.6. Electric Vehicle Market - Middle East & Africa
- 12.6.1. Middle East & Africa: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.6.2. Middle East & Africa: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.6.3. Middle East & Africa: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.6.4. Middle East & Africa: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.6.5. Middle East & Africa: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.6.6. Middle East & Africa: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.6.7. Middle East & Africa: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.6.8. Electric Vehicle Market - Saudi Arabia
- 12.6.8.1. Saudi Arabia: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.6.8.2. Saudi Arabia: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.6.8.3. Saudi Arabia: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.6.8.4. Saudi Arabia: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.6.8.5. Saudi Arabia: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.6.8.6. Saudi Arabia: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.6.8.7. Saudi Arabia: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.6.9. Electric Vehicle Market - UAE
- 12.6.9.1. UAE: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.6.9.2. UAE: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.6.9.3. UAE: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.6.9.4. UAE: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.6.9.5. UAE: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.6.9.6. UAE: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.6.9.7. UAE: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.6.10. Electric Vehicle Market - Israel
- 12.6.10.1. Israel: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.6.10.2. Israel: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.6.10.3. Israel: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.6.10.4. Israel: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.6.10.5. Israel: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.6.10.6. Israel: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.6.10.7. Israel: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.6.11. Electric Vehicle Market - South Africa
- 12.6.11.1. South Africa: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.6.11.2. South Africa: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.6.11.3. South Africa: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.6.11.4. South Africa: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.6.11.5. South Africa: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.6.11.6. South Africa: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.6.11.7. South Africa: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.6.12. Electric Vehicle Market - Rest of Middle East & Africa
- 12.6.12.1. Rest of Middle East & Africa: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.6.12.2. Rest of Middle East & Africa: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.6.12.3. Rest of Middle East & Africa: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.6.12.4. Rest of Middle East & Africa: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.6.12.5. Rest of Middle East & Africa: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.6.12.6. Rest of Middle East & Africa: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.6.12.7. Rest of Middle East & Africa: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.7. Electric Vehicle Market - Latin America
- 12.7.1. Latin America: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.7.2. Latin America: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.7.3. Latin America: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.7.4. Latin America: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.7.5. Latin America: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.7.6. Latin America: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.7.7. Latin America: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.7.8. Electric Vehicle Market - Mexico
- 12.7.8.1. Mexico: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.7.8.2. Mexico: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.7.8.3. Mexico: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.7.8.4. Mexico: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.7.8.5. Mexico: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.7.8.6. Mexico: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.7.8.7. Mexico: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.7.9. Electric Vehicle Market - Brazil
- 12.7.9.1. Brazil: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.7.9.2. Brazil: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.7.9.3. Brazil: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.7.9.4. Brazil: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.7.9.5. Brazil: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.7.9.6. Brazil: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.7.9.7. Brazil: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.7.10. Electric Vehicle Market - Argentina
- 12.7.10.1. Argentina: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.7.10.2. Argentina: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.7.10.3. Argentina: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.7.10.4. Argentina: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.7.10.5. Argentina: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.7.10.6. Argentina: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.7.10.7. Argentina: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
- 12.7.11. Electric Vehicle Market - Rest of Latin America
- 12.7.11.1. Rest of Latin America: Electric Vehicle Market, by Propulsion Type, 2020-2034 (USD Billion)
- 12.7.11.2. Rest of Latin America: Electric Vehicle Market, by Drive Type, 2020-2034 (USD Billion)
- 12.7.11.3. Rest of Latin America: Electric Vehicle Market, by Type, 2020-2034 (USD Billion)
- 12.7.11.4. Rest of Latin America: Electric Vehicle Market, by Vehicle Speed, 2020-2034 (USD Billion)
- 12.7.11.5. Rest of Latin America: Electric Vehicle Market, by Power Source, 2020-2034 (USD Billion)
- 12.7.11.6. Rest of Latin America: Electric Vehicle Market, by Vehicle Class, 2020-2034 (USD Billion)
- 12.7.11.7. Rest of Latin America: Electric Vehicle Market, by End-Use, 2020-2034 (USD Billion)
13. Competitive Landscape
- 13.1. Expansion and Acquisition Analysis
- 13.1.1. Expansion
- 13.1.2. Acquisitions
- 13.2. Partnerships/Collaborations/Agreements/Exhibitions
14. Company Profiles
- 14.1. BAIC Group
- 14.1.1. Company Overview
- 14.1.2. Financial Performance
- 14.1.3. Product Benchmarking
- 14.1.4. Recent Development
- 14.2. BMW
- 14.2.1. Company Overview
- 14.2.2. Financial Performance
- 14.2.3. Product Benchmarking
- 14.2.4. Recent Development
- 14.3. BYD
- 14.3.1. Company Overview
- 14.3.2. Financial Performance
- 14.3.3. Product Benchmarking
- 14.3.4. Recent Development
- 14.4. GAC Motors
- 14.4.1. Company Overview
- 14.4.2. Financial Performance
- 14.4.3. Product Benchmarking
- 14.4.4. Recent Development
- 14.5. Great Wall Motors
- 14.5.1. Company Overview
- 14.5.2. Financial Performance
- 14.5.3. Product Benchmarking
- 14.5.4. Recent Development
- 14.6. Hyundai Group
- 14.6.1. Company Overview
- 14.6.2. Financial Performance
- 14.6.3. Product Benchmarking
- 14.6.4. Recent Development
- 14.7. Jaguar
- 14.7.1. Company Overview
- 14.7.2. Financial Performance
- 14.7.3. Product Benchmarking
- 14.7.4. Recent Development
- 14.8. Mercedes
- 14.8.1. Company Overview
- 14.8.2. Financial Performance
- 14.8.3. Product Benchmarking
- 14.8.4. Recent Development
- 14.9. SAIC Motors
- 14.9.1. Company Overview
- 14.9.2. Financial Performance
- 14.9.3. Product Benchmarking
- 14.9.4. Recent Development
- 14.10. Stellantis
- 14.10.1. Company Overview
- 14.10.2. Financial Performance
- 14.10.3. Product Benchmarking
- 14.10.4. Recent Development
- 14.11. Tesla
- 14.11.1. Company Overview
- 14.11.2. Financial Performance
- 14.11.3. Product Benchmarking
- 14.11.4. Recent Development
- 14.12. Toyota
- 14.12.1. Company Overview
- 14.12.2. Financial Performanc