Automotive Industry: Current State of EV Sales: Difference between revisions

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* According to Statista, global EV revenue is projected to rise by 4% year-over-year to 561.4 billion in 2023<ref>https://www.statista.com/outlook/mmo/electric-vehicles/worldwide</ref>.
* According to Statista, global EV revenue is projected to rise by 4% year-over-year to 561.4 billion in 2023<ref>https://www.statista.com/outlook/mmo/electric-vehicles/worldwide</ref>.
* Revenue is expected to grow by a compound annual growth rate of 10% between 2023-2028 to reach $906.70 billion.


{| class="wikitable"
{| class="wikitable"
Line 182: Line 183:
|176.08
|176.08
|44.95%
|44.95%
|113.5
|113.50
|33.42%
|33.42%
|62.58
|62.58
Line 188: Line 189:
|-
|-
|2021
|2021
|352
|352.00
|99.91%
|99.91%
|229.5
|229.50
|102.20%
|102.20%
|122.5
|122.50
|95.75%
|95.75%
|-
|-
|2022
|2022
|538.8
|538.80
|53.07%
|53.07%
|359.2
|359.20
|56.51%
|56.51%
|179.6
|179.60
|46.61%
|46.61%
|-
|-
|2023
|2023
|561.4
|561.40
|4.19%
|4.19%
|376.8
|376.80
|4.90%
|4.90%
|184.6
|184.60
|2.78%
|2.78%
|-
|-
|2024
|2024
|623.4
|623.40
|11.04%
|11.04%
|422.8
|422.80
|12.21%
|12.21%
|200.6
|200.60
|8.67%
|8.67%
|-
|-
|2025
|2025
|687.8
|687.80
|10.33%
|10.33%
|475.1
|475.10
|12.37%
|12.37%
|212.7
|212.70
|6.03%
|6.03%
|-
|-
|2026
|2026
|744.7
|744.70
|8.27%
|8.27%
|534.9
|534.90
|12.59%
|12.59%
|209.8
|209.80
| -1.36%
| -1.36%
|-
|-
|2027
|2027
|812.5
|812.50
|9.10%
|9.10%
|603.1
|603.10
|12.75%
|12.75%
|209.4
|209.40
| -0.19%
| -0.19%
|-
|-
|2028
|2028
|906.7
|906.70
|11.59%
|11.59%
|681.2
|681.20
|12.95%
|12.95%
|225.5
|225.50
|7.69%
|7.69%
|}
|}