How Charging Infrastructure and Policy Support Are Driving a 14.5%...

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2026-01-30 11:37:05 -

How Charging Infrastructure and Policy Support Are Driving a 14.5% CAGR in EVs

The global electric vehicle (EV) market is undergoing a profound transformation, driven by continuous technological innovation, strong government support, and shifting consumer preferences toward sustainable mobility. In 2024, the market was valued at US$ 386.11 billion and is projected to reach US$ 618.75 billion by 2031, growing at a robust CAGR of 14.5% during the forecast period from 2025...

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