Published by Infinity Business Insights
Posted on October 11, 2021
2 min readLast updated: January 29, 2026
The New Energy Vehicles market is set to grow from $162.34 billion in 2021 to $802.81 billion by 2027, with a CAGR of 22.6%. Key players include FIAT and BYD.
Infinity Business Insights established an organized report on the New Energy Vehicles Market industry. The report covers all the data of the industry for the readers to provide the basic business information. The document included, market segmentation, market evaluation, competitor analysis, product description, market dimension, industry modifications, coronavirus impact, supply, transportation, financial structure and more.
New Energy Vehicles Market was valued at $162.34 billion in 2021, and is projected to reach $802.81 billion by 2027, registering a CAGR of 22.6%
Top Key Players Profiled in This Report: FIAT, BYD, Chery, ZOTYE, Yutong, BAIC, King-long, Zhong Tong, Geely, SAIC, JAC
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The buyers of the report will get all the relevant market information and the basic market data. The report has the potential to provide all the significant information and help the readers to understand the overall market viewpoint. The buyers will gain the vast and thorough knowledge of the New Energy Vehicles Market industry and have the ability to showcase the international market. The report has used the most authentic market research methods which provides the buyers of the report with all the business needs and help them to make an informed decision.
New Energy Vehicles Market, By Segmentaion:
Market by Type
HEV
PHEV
EV
Market by Application
Commercial Vehicle
Passenger Vehicle
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The coronavirus phase has been the hardest of all for not only this market but for each and every sector in the world. The market has declined in the year 2020 because of the global pandemic and the restrictions occurred because of it.
The report also has a separate regional analysis, in order to help the businesses to grow. North America, Latin America, Europe, South America and Asia- Pacific are the major regions of the world. The report provides the analysis of all these regions and helps the businesses to grow at a rapid pace.
FAQs
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The article focuses on the market analysis and forecast of the New Energy Vehicles industry from 2021 to 2027.
How is the New Energy Vehicles market expected to grow? It is projected to reach $802.81 billion by 2027.
Who are the key players in this market? FIAT, BYD, and Geely are among the top players.
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