Revolutionizing Transportation: Global Electric Vehicle Aftermarket Predicted to Soar with 20.7% CAGR by 2032 - ResearchAndMarkets.com
The global electric vehicle (EV) aftermarket is set to experience an astronomical surge, projected to reach an impressive $286.26 billion by 2032 from $44.52 billion in 2022.
- The global electric vehicle (EV) aftermarket is set to experience an astronomical surge, projected to reach an impressive $286.26 billion by 2032 from $44.52 billion in 2022.
- Electric vehicles play a pivotal role in decarbonizing the road transportation sector, contributing to approximately one-sixth of global emissions.
- The evolution of ambitious policies remains essential to drive growth in the global electric vehicle markets.
- BEVs, HEVs, and PHEVs form the propulsion types served by the global electric vehicle aftermarket.