Electric Vehicle Market to Register Growth 40.7% by 2027
Electric Vehicle Market to Register Growth 40.7% by 2027 The global electric vehicle market is expected to register a compound annual growth rate (CAGR) of 40.7% from 2020 to 2027 according to Precedence Research /EIN News/ -- OTTAWA, Jan. 08, 2021 (GLOBE NEWSWIRE) -- Recent Research Report on “ Electric Vehicle Market (By Product: Battery Electric Vehicles (BEV) and Plug-in Hybrid Electric Vehicles (PHEV)) - Global Market Size, Trends Analysis, Segment Forecasts, Regional Outlook 2020 - 2027.” Electric vehicle is an electrically powered vehicle that uses traction motor or electric moto...