Electric Vehicle Market In China 2025-2029
The electric vehicle market in China is forecasted to grow by USD 419 billion during 2024-2029, accelerating at a CAGR of 18.3% during the forecast period. The report on the electric vehicle market in China provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for fuel-efficient and low-emission vehicles, increasing government initiatives in manufacturing electric vehicles, and rise in technological advancements in electric vehicles.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's electric vehicle market in China is segmented as below:
By Type
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