Market Overview - Electric Vehicles
- Global EV market valued at $163.01 billion in 2020.
- Projected to reach $823.75 billion by 2030.
- CAGR of 18.2% from 2021 to 2030.
- EV sales exceeded 10 million in 2022.
- Accounted for 14% of all new car sales.
- China, Europe, and the United States are leading.
- China alone contributes around 60% of global EV sales.
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It's Electric Vehicle supremacy right now. But what will EVs look like in the next 5, 10, & 15 years
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