Electric Vehicle (EV) Market Worth $2.49 Trillion by 2027, Growing at a CAGR of 33.6% from 2020 -- Exclusive Report by Meticulous Research®
On the basis of propulsion type, the electric vehicles (EV) market is segmented into hybrid vehicles, battery electric vehicles, and fuel cell electric vehicles.
- On the basis of propulsion type, the electric vehicles (EV) market is segmented into hybrid vehicles, battery electric vehicles, and fuel cell electric vehicles.
- In 2020, the battery electric vehicles segment accounted for the largest share of the overall electric vehicles (EV) market, followed by hybrid vehicles and fuel cell electric vehicles.
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Based on end use, the electric vehicle market is segmented into private use, commercial use, and industrial use. - In 2020, Asia-Pacific accounted for the largest share of the global electric vehicle market, followed by Europe and North America.