EV Update Media – Electric Vehicles and Battery Industry News & Updates

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Industry Forecast

Global Electric Vehicle Charging Station Market To Reach 30.8 Billion USD By 2026

The global electric vehicle charging station market is expected to grow at CAGR 40.5% during the forecast period, 2019-2026 and will reach over USD 30.8 Billion by 2026. Electric vehicle charging stations is known with multiple names including electric vehicle…

Global Automotive LiDAR Market Expected To Reach USD 2.9 Billion By 2026

The global automotive LiDAR market size is expected to reach USD 2.9 billion by 2026, at a significant rate of 27.1% during the forecasted period 2019 to 2026. Light Detection and Ranging (LiDAR) is a remote sensing technology that uses…

Global Electric Vehicle Market 2019-2026

The global electric vehicle market is expected to grow at CAGR 25.6% during the forecast period, 2019- 2026 and will reach over USD 568.2 Billion by 2026. Electric vehicle also knows as electric motor or EV, is a vehicle that…

Battery Materials Market Size To Reach USD 83.43 Billion By 2026

The global battery materials marketsize is predicted to reach USD 83.43 billion by 2026, exhibiting a CAGR of 8.3% during the forecast period. The growing demand for lithium-ion and lead-acid batteries will accelerate this market revenue during the forecast period. Lithium-ion batteries are extensively used for…

Indian Lithium-Ion Battery Manufacturing Market 2017- 2030

The rapid penetration of electric vehicles in India is expected to drive the need for Lithium (Li)-ion battery manufacturing in the country. Li-ion batteries act as the primary storage option for electro-chemical energy. These batteries are rechargeable and contain Li-ion…

Commercial Vehicles Market In India (2020 To 2024)

India is one of the leading manufacturers and exporters of commercial vehicles. Karnataka, Madhya Pradesh, Tamil Nadu, Maharashtra and Himachal Pradesh are the major commercial vehicles manufacturing states in India, with Tamil Nadu manufacturing the highest number of commercial vehicles….

The Electric Vehicle Supply Equipment (EVSE) Market Is Predicted To Witness An Increase In Its Revenue To $2.7 Billion By 2025

The electric vehicle supply equipment (EVSE) market is predicted to witness a 10.7% CAGR during the forecast period (2020-2025) to see an increase in its revenue to $2.7 billion in 2025, from $1.5 billion in 2019. The market is being…

Two Wheeler Loan Market In India Is Projected To Grow From An Estimated $ 7.2 Billion In 2020 To $ 12.3 Billion By 2025

Technological advancements in the form of shift from combustion engine vehicle to electric vehicles, new product launches, subsidies offered by the government on purchase of electric vehicles and high vehicle replacement rate are boosting the sales of two wheelers across…

Automotive EVP (Electric Vacuum Pump) Market Size To Reach USD 2.40 Billion By 2026

The global automotive EVP market size is anticipated to reach USD 2.40 billion by 2026 on account of the increasing demand for more efficient vehicles worldwide. Automotive electric pumps help to provide more power to the driver of the vehicle by monitoring the change…

Temperature Sensor Market To Hit $11.1 Billion Revenue by 2030

In vehicles, the temperature of gases, liquids, and several systems is measured with sensors, so that the performance efficiency of automobiles can be maintained. With the rising sale of automobiles, particularly electric vehicles, the procurement of temperature sensors is growing….