U.S. Electric-Vehicle Market Size and Potential Growth
- In 2020, the U.S Electric Vehicle market was valued at $36.9 billion. The U.S Electric vehicle market is expected to grow and reach $181.90 billion by 2030.
- During the forecasted period 2021-2030, the U.S Electric Vehicle market will be growing approximately at a Compound Annual Growth Rate (CAGR) of 17.33%.
- The Global EV market will be valued at $1299.3 billion in 2020 out of which the US electric vehicle market is expected to capture 14%.