Global xEV Demand Outlook 2022-2031 – Q3 2024

TechInsights forecasts xEV light vehicle powertrain production will grow from 28.1 million units in 2023 to reach 50.9 million units in 2028, a CAAGR of 13%, with the market forecast to continue growth and volumes reaching 59.0 million units by 2031.
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