JMEV (Passenger Cars) - Worldwide

• The projected revenue for Worldwide is expected to reach US$209m in 2024.
• This indicates a positive growth trend in the market segment JMEV.
• Additionally, it is projected that the revenue will continue to grow at an annual rate of 1.43% from 2024 to 2028.
• As a result, the market volume for Worldwide is estimated to reach US$221m by 2028.
• In terms of unit sales, it is expected that the number of None units sold will reach 10.9k vehicles in 2028.
• This demonstrates the growing demand and popularity of None in the market.
• Furthermore, the volume weighted average price of None in 2024 is projected to be US$20k.
• This figure provides insights into the pricing dynamics within the market segment.
• From an international perspective, it is worth noting that China is expected to generate the highest revenue in 2024, amounting to US$209m.
• This highlights China's significant contribution to the JMEV.
• Despite the global demand for electric vehicles, China continues to dominate the JMEV market with its strong domestic production and favorable government policies.

Key regions: Worldwide, China, China,