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Electric Vehicle Market to Surpass USD 3.4 Trillion by 2035 as Battery Innovation and Strategic Partnerships Accelerate Global Adoption
The global electric vehicle (EV) market is witnessing an unprecedented transformation as the automotive industry moves toward cleaner, smarter, and more sustainable transportation systems. Valued at US$ 734.5 Bn in 2024, the market is projected to reach US$ 3,410.6 Bn by 2035, expanding at a robust CAGR of 16.1% from 2025 to 2035. This remarkable growth is being fueled by...
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