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Size of the global market for electric vehicles in 2017 and 2025 (in billion U.S. dollars)

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Electric vehicles - global market size 2017 & 2025 This statistic represents the global electric vehicle market size in 2017 and 2025. In 2017, the global market for electric vehicles reached about 119 billion U.S. dollars. Between 2018 and 2025, this market is expected to grow at a compound annual growth rate (CAGR) of around 22.3 percent.
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Revenue in billion U.S. dollars
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Revenue in billion U.S. dollars
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Description Source More information
This statistic represents the global electric vehicle market size in 2017 and 2025. In 2017, the global market for electric vehicles reached about 119 billion U.S. dollars. Between 2018 and 2025, this market is expected to grow at a compound annual growth rate (CAGR) of around 22.3 percent.
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Release date
July 2018
Region
Worldwide
Survey time period
2017
Supplementary notes
The 2025 figure is a forecast.

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