target audience: TECH SUPPLIER Publication date: May 2024 - Document type: Market Forecast - Doc Document number: # US50838423
Worldwide Electric Vehicle Forecast, 2024–2028
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Abstract
This IDC study provides a five-year forecast for the electric vehicle market for the 2024–2028 period.
"With increasing competition among automakers, EV customers will soon have the choice among a range of EVs at various price points. However, there is still a large scope for improvement in technology, processes, and value chain in which tech vendors can help automakers and stakeholders with EV buyer, user, and charging experience and range improvement and build a circular economy." — Sandeep Mukunda, research manager, Sustainable, Smart Mobility and Transportation Strategies program at IDC