Forecasts: EV market outlook by 2030 and beyond
When it comes to the future, according to the Global EV Outlook 2025, there are three possible scenarios: 1. The Stated Policies Scenario (STEPS) This scenario reflects existing policies and measures implemented by governments worldwide. It suggests that by 2030, the global electric vehicle stock (excluding two/three-wheelers) will reach nearly 245 million vehicles and grows to 525 million in 2035, when … Read more