2024 Electric Vehicles Industries Market. The global electric commercial vehicles market is projected to grow from usd 70.9 billion in 2024 to usd 255.6 billion by 2030, registering a cagr of 23.8%. Meanwhile, oems in china, europe, and the united states continue to roll out increasingly innovative avs, including some with advanced l3 driving technology.
Manufacturers failing to comply will face hefty penalties from january 2024 onwards. Ford will only electric car sales in europe from 2030;