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A report claims Electric vehicles will be a $731 billion market in 2027

IDTechEx Research in its report, Electric Vehicles 2017-2037: Forecasts, Analysis, and Opportunities, has forecasted that electric vehicles will be a $731 billion market in 2027, profoundly changing society by 2037.

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This report is unique in terms of providing forecasts in numbers and value for 45 types of electric vehicle across land, water and air. It has taken a bottom up approach in assessing each of these 45 vehicle types.
The fact-based number and value ten year forecasts in these 45 categories and the twenty year technology roadmaps are the result of intense travel, global interviews, conference attendance, primary interviews with EV leaders and informed calculation by PhD level IDTechEx analysts who are leading experts in the industry.

About Piyush Rajan

Asst. Business Editor |Telematics Wire | Smart automotive

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