Projections for car owners' aftermarket spending on parts 2030
battery electric vehicle market is projected to reach over 212 billion U.S. dollars.
In 2030, car owners are projected to spend an average of 940 U.S. dollars on parts for internal combustion engine vehicles. This is 40 percent more than expenses for battery-electric vehicles, which are forecast to average 565 U.S. dollars. That same year, the