Basically, an electric vehicle (EV) can be perceived as a vehicle that functions on an electric motor, quite the replacement of an internal-combustion engine that begets energy by ablazing a mix of gases and fuel. ![]() The term ‘Electric vehicles (EVs)’ has been around for years but it has emerged and advanced significantly this decade. The global electric vehicles market is estimated to reach at a value of US$ 178.9 Bn by the end of 2020 and expected to reach at a value of US$ 1,889.5 Bn by 2028 with a significant CAGR of 34.4% The electric vehicles market is expected to grow at a significant rate in the near future. An overview of conceptual frameworks, analytical approaches of the electric vehicles market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. ![]() The report is titled as ‘ Electric Vehicles Market : Opportunity Analysis and Future Assessment 2020-2028’.
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