At 24.5% CAGR, Global Electric Vehicle Market to Surpass US$ 980 Bn By 2028,Forecast Report By Facts and Factors
The global electric vehicle industry is expected to expand 24.5% between 2022 and 2028. By 2028, the electric vehicle industry is expected to reach USD 980 billion from USD 185 billion in 2021. The paper examines factors affecting electric vehicle market growth. Market Overview Electric cars use electricity instead of petrol. These vehicles use electric motors that …