Electric Vehicle Market Research Report
Electric Vehicle Market Electric Vehicle Market size is envisaged to expand at a higher Compound Annual Growth Rate over the forecast period. Request For a FREE Sample Report on Electric Vehicle Market Growing demand for better quality and fuel-effective vehicles, strict government norms towards vehicle discharge, and reducing cost of electric vehicles batteries are some major drivers contributing to the electric vehicles market growth. Increasing initiatives by the government owing to the changing preference of consumers towards the electric vehicles have driven the electric vehicle market growth . For example, the German Government decided to invest USD 146 billion for the economic recovery plan after COVID-19, out of which USD 2.8 billion were allocated for the development of EV infrastructure. Other factors which include rising fuel cost and a decrease in the prices of EV batteries will propel the market growth. Leading market players including Renault AG and Fo...