Tag Archives: United States Electric Vehicle Market

United States Electric Vehicle Market | Growth Trends and {18.23}% CAGR Projected

The United States electric vehicle (EV) market experienced significant growth in 2022, reaching a market size of 750 thousand units. With a projected compound annual growth rate (CAGR) of 18.23% from 2023 to 2028, the EV industry continues to expand due to technological advancements, growing environmental concerns, and supportive government policies. The shift towards electric mobility is… Read More »

United States Electric Vehicle Market Powering Progress to 750K Units in 2022, Projected Growth Unleashed

As of 2022, the United States Electric Vehicle Market size is approximately 750 thousand units. However, projections suggest an exponential surge in adoption rates, with a compound annual growth rate (CAGR) of 18.23% anticipated from 2023 to 2028. Such an unprecedented growth trajectory underscores the escalating demand for electric vehicles across the nation. Electric vehicles (EVs) are based… Read More »