Electic Vehicles

There are three types of EVs - hybrid, plug-in, and battery.
Total EV sales is expected to reach 18 million in 2025 and over 30 million vehicles in 2030, global EV stock reaches over 85 million vehicles in 2025 and 270 million vehicles in 2030
North Americas share was estimated to be 38.3% of the global electric vehicle market in 2012.

EV Market Share
EV markets are expanding quickly. Electric car sales accounted for 9% of the global car market in 2021 - four times their market share in 2019. Electric vehicle sales could reach 33% globally by 2028 and 54% by 2035. Global sales of electric cars have kept rising strongly in 2022, with 2 million sold in the first quarter, up 75% from the same period in 2021. China sales tripled relative to 2020 to 3.3 million and Europe increased by two-thirds year-on-year to 2.3 million.
US Market
In 2022, BEV maret share was 4.6% of total market with 160K cars sold in Q1 2022. The electric car market share (BEV, PHEV & Hybrid) is 12.4% in Q1 2022

EV companies


  • Vehicle to Grid Basics

    TBA. Read More

  • Charging Stations
    Electric Vehicle (EV) Charging Infrastructure Market is expected to reach USD 45.59 billion by 2025 as per market watch with growth rate of 46.8% from 2017 to 2025 These also include battery swapping solutions
    EV Charging