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The adoption of plug in electric vehicles in the united states is supported by the american federal government and several states and local governments as of december 2019 cumulative sales in the u s.
Us electric vehicle market size. Tesla released their new model 3 in. Ev fleet size by 2030. The electric vehicles market is projected to reach 26 951 318 units by 2030 from an estimated 3 269 671 units in 2019 at a cagr of 21 1 during the forecast period. Had the world s.
Electric vehicle market with around 160 000 electric vehicles sold in the united states in 2019. The base year for the report is 2018 and the forecast period is from 2019 to 2030. As more and more electric cars go on sale here s a look at every model you can buy in 2020 and how far they ll travel on a. The global electric vehicle market demand was estimated at 8 6 million units in 2018 and it is projected to reach 40 6 million units by 2026 ev industry exhibiting a cagr of 21 1 during the forecast period.
There was much cheering in 2018 when plug in electric vehicles evs hit a us sales record of 361 000. 8 2020 at 10 04 a m. The electric vehicle market has witnessed rapid evolution with the ongoing developments in automotive sector. Totaled 1 45 million highway legal plug in electric cars since 2010.
Press release electric vehicles ev market size growth and trend to reach 912 billion by 2026 industry news published. Tesla inc led by elon musk continues to dominate the u s. The american stock represented 20 of the global plug in car fleet in use by the end of 2019 and the u s. Electric vehicle market estimated to reach 802 81 billion 22 6 cagr during 2019 2027 battery electric vehicle type to grow at 29 1 cagr.
The global electric vehicle market size is expected to reach 602 8 billion by 2025 rising at a market growth of 24 7 cagr during the forecast period. Projections of ev fleet size by 2030.
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