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

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Industry Forecast

EV Fast-Charging Infrastructure Market To Touch $18,909.8 Million Value By 2030, Says P&S Intelligence

According to the market research report published by P&S Intelligence, the revenue of the electric vehicle fast-charging infrastructure market was $3,240.7 million in the year 2021, and it is likely to touch $18,909.8 million by 2030, at a mammoth compound…

Dutch BEV Sales Up 98%, Tailpipe Vehicles Down 19% In April 2022

The Dutch electric car (BEV) market continued its recovery in April as it started to do in Q1, up from the weak 2021 performance. The sales nearly doubled to 4,717 BEV sales compared to the same month last year. The…

India Electric Vehicle Market To Reach US$ 14,913 Million By 2027, Supported By The Increasing Demand For Eco-Friendly Vehicles

According to the latest report by IMARC Group, titled “India electric vehicle Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the India electric vehicle market reached a value of US$ 404 Million in 2021. An electric vehicle (EV)…

Electric Off-Road Vehicle Market To Reach USD 2,234 Million By 2028, Growing At a CAGR Of 18.9%

North America garnered more than half of the market share in 2021. The growth of the region can be attributed to the high regional market share. Additionally with the existence of various established market players including Polaris, Inc., Deere &…

Automotive Wiring Harness Market is topping a valuation of US$ 48 Bn by 2021, And Size, Current Trends, Challenges, Dynamics, Technology and Forecast 2021-2031

Substantial increase in the investment for automated driving activities and development of electric vehicles charging infrastructure across the globe are expected to remain key defining factors in the global automotive wiring harness market. As per FMI’s analysis, the global automotive…

Electric Vehicle Battery Market Size To Worth Around US$ 559.87 Bn by 2030

The global electric vehicle battery market size was accounted at US$ 46.03 billion in 2021. The burgeoning sales of the electric vehicles across the globe are expected to significantly drive the growth of the EV battery market during the forecast…

Electric Vehicle Market to Advance at CAGR of 26.62%, Policy Push, Newer Battery Technologies And Rise In Consumer Awareness Bolster Growth

Electric vehicles (EVs) of all types have been growing as the share of automobile sales in all key automotive markets. The penetration pivots on the growing government incentives, notably subsidies and exemption of road taxes. Of note, state policies are…

North American And European Commercial Vehicle Electric Drivetrain Growth Opportunities

The shift to electric powertrain calls for significant changes in vehicle architecture and design to accommodate critical power components such as batteries, fuel cells, and hydrogen storage. Commercial vehicles, although accounting for a minuscule proportion of the total VIO, are…

EV Test Equipment Market Worth $105 Million By 2026

According to the new market research report, EV Test Equipment Market, Global Forecast to 2026, published by MarketsandMarkets™, the global EV Test Equipment Market size is projected to grow from USD 42 million in 2021 to reach USD 105 million…

Indian Electric Rickshaw Industry Revenue Worth $1,394.2 Million By 2025

Most of the people living in Indian cities are still not wealthy, which is why the need for cost-effective public transportation, especially for short distances, has always been high. This factor is expected to propel the Indian electric rickshaw market…