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Worldwide Electric Vehicle Forecast, 2024–2028

Publisher IDC
Published May 15, 2024
Length 15 Pages
SKU # IDC18791595

Description

Worldwide Electric Vehicle Forecast, 2024–2028


This IDC study provides a five-year forecast for the electric vehicle market for the 2024–2028 period."With increasing competition among automakers, EV customers will soon have the choice among a range of EVs at various price points. However, there is still a large scope for improvement in technology, processes, and value chain in which tech vendors can help automakers and stakeholders with EV buyer, user, and charging experience and range improvement and build a circular economy." — Sandeep Mukunda, research manager, Sustainable, Smart Mobility and Transportation Strategies program at IDC

Please Note: Extended description available upon request.

Table of Contents

15 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Opportunities with Software-Defined Vehicle Architecture in EVs
Transformation in EV Sales and Customer Relationship Management
Second Life of EV Batteries and Battery Passports
Market Forecast
The Americas Region's EV Market and Forecast
EMEA EV Market Forecast
APAC EV Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Sustainability and Climate Initiatives Driving EV Investments and Adoption Rate
Government Policies Promoting EVs' Value Chain and Charging Infrastructure
Inhibitors
Automotive Supply Chain Mismatch
Induced Economic Slowdown in the Major Markets
Significant Market Developments
Government Policies and Initiatives Driving All Facets of the EV Value Chain
EV Target Announcements by Major Auto Companies
Partnerships to Promote Sustainable Manufacturing and Recycling
Battery Chemistries Are Diversifying
Changes from Prior Forecast
Market Definition
Methodology
Related Research

Pricing

Currency Rates
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