The global Zero Emission Vehicle (ZEV) market size is projected to reach USD 351.94 billion by 2029
Published Date: Monday,01 Apr,2024
A zero-emissions vehicle is a vehicle that never emits exhaust gas from the onboard source of power; generally refers to electric vehicles.
According to the new market research report “Global Zero Emission Vehicle (ZEV) Market Report 2023-2029”, published by GlobalInfoResearch, the global Zero Emission Vehicle (ZEV) market size is projected to reach USD 351.94 billion by 2029, at a CAGR of 16.4% during the forecast period.
- Global Zero Emission Vehicle (ZEV) MarketSize(US$ Million), 2018-2029
Source: GlobalInfoResearch, “Global Zero Emission Vehicle (ZEV) Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”(ZEV) Market Report 2023-2029.
- Global Zero Emission Vehicle (ZEV) Top16Players Ranking and Market Share（Based on data of 2021, Continually updated）
Source: GlobalInfoResearch, “Global Zero Emission Vehicle (ZEV) Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”(ZEV) Market Report 2023-2029.
The global key manufacturers of Zero Emission Vehicle (ZEV) include Tesla, BMW, Volkswagen, SAIC, VOLVO, BYD, Renault, Hyundai & Kia, TOYOTA , Nissan, etc. In 2021, the global top five players had a share approximately 50.0% in terms of revenue.
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