BATTERY SWAPPING TO EMERGE AS THE GAME CHANGER FOR RAPID EV ADOPTION

Battery swapping is one of the most promising charging concepts being adopted in the EV sector to address the concerns related to conventional charging infrastructure. This includes replacing the depleted battery from the vehicle with a fully charged one. Since there is no charging involved …

Electric Vehicle Market Forecast: Growth Opportunities and Industry Outlook

Electric Vehicle Market

The global electric vehicle market size is valued at USD 388.1 billion in 2023 and is expected to reach USD 951.9 billion by 2030 at a CAGR of 13.7% during the forecast period 2023-2030. With advancements in technology, increasing environmental consciousness, and supportive government policies, …

Electric Scooter and Motorcycle Market Projected to grow 5,948 thousand units by 2027

Electric Scooter and Motorcycle Market

The global Electric Scooter and Motorcycle Market size is projected to reach 5,948 thousand units by 2027, from an estimated 861 thousand units in 2020, at a CAGR of 31.8%. The base year for the report is 2019, and the forecast period is from 2020 to 2027. …