ABI Research projects worldwide commercial EV market to surpass US$680B by 2027
Green Car Congress
JUNE 14, 2023
This market valuation refers to the total industry-wide global revenues derived from all commercials EVs sold yearly. One of the main factors driving the affordability of EVs, especially EV trucks, is the decreasing cost of battery technology. billion in 2020 to more than US$682 billion by 2030.
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