Market Segmentation Of Electric Vehicles. The electric vehicles sector has registered exponential growth during the last decade. Electric vehicle market size was valued at usd 507.96 billion in 2022 and is projected to reach usd 1247.65 billion by 2030, growing at a cagr of 10.5 %from 2022 to 2030.
Evs accounted for about 5% of total vehicle sales between october 2022 and. India’s electric vehicle (ev) market is at an inflection point.