Oct 24, 2024 08:42 AM IST . Less than a month after the European Union agreed to impose tariffs up to 45% on imports of Chinese electric vehicles (EVs), a flagship publication of the International Monetary Fund (IMF) has argued that Chinese EV imports might be crucial in reducing carbon emissions from transportation. IMF’s observations…
NEW DELHI: The global electric vehicle (EV) market is set to grow significantly in coming years, with projections indicating it could reach $ 2,108 billion by 2033, according to a Axis Securities report.The market currently valued at $255 billion grew at a compound annual growth rate (CAGR) of 23 per cent from 2024 to 2033.The…
The global electric vehicle (EV) market, currently valued at $255 billion as of 2023, is expected to soar to $2,108 billion by 2033, according to a recent Axis Securities report. This remarkable growth will be driven by a compound annual growth rate (CAGR) of 23% from 2024 to 2033, reflecting a significant rise in global…
The global electric vehicle (EV) market, which is valued at $255 billion as of 2023, is expected to reach $2,108 billion by 2033, reported the news agency ANI, citing an Axis Securities report on Saturday, September 28. The growth will be fueled by a compound annual growth rate (CAGR) of 23 per cent from 2024…