Press release
US Electric Vehicle Market 2021-2027: Industry Analysis, Trends, Growth, Opportunities, and Forecast
The US electric vehicle market is projected to grow at a significant CAGR of more than 23.0% during the forecast period (2019-2025). The factors that propel the growth of the market include rising investments in electric vehicles and increasing adoption of electric vehicles in commercials and government sectors. The companies are investing heavily in the manufacturing of electric vehicles. In January 2021, Tesla announced its updated and redesigned model of the electric vehicle named Model S. The new Model S is an electric Sedan and the price starts at $79,990. Its plaid version starts at $119,990. Tesla offers a tri-motor powertrain that will allow the vehicle to go from zero to 60 miles per hour in under 2 seconds.To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/us-electric-vehicle-market
In the third quarter of 2019, Tesla produced 145,000 vehicles and deliver 140,000. The company is planning to reduce the cost of the electric car to $25,000 in the next three years and it is planning to produce over 20 million cars per year. Tesla cut down the cost of purchasing for its Model 3, for which the pricing starts from $37,900. The starting price of Model S and Model X is $ 69,420 and $ 79,990 respectively. The major factor for reducing the price of the electric vehicle is the declining cost of lithium-ion batteries. The price for lithium-ion batteries per kilowatt-hour is reduced. In 2010 the price was $1,183 and reduced to $156 in 2019.
Browse for Full Report Description@ https://www.omrglobal.com/industry-reports/us-electric-vehicle-market
US Electric Vehicle Market Report Segment
By Vehicle Type
• Passenger Cars
• Commercial Vehicle
• Two-Wheeler
By Propulsion Technology
• Battery Electric Vehicle (BEV)
• Plug-In Hybrid Electric Vehicle (PHEV)
By Battery Type
• NiMH
• Li-Ion
• Others
Company Profiles
• Audi AG
• BMW AG
• Chevrolet
• Fiat
• Ford Motor Co.
• General Motors Co.
• Groupe PSA
• Jaguar
• Kia Motors Corp.
• Nissan Motor Co.
• Porsche
• Renault Group
• Tesla, Inc.
• Volkswagen AG
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/us-electric-vehicle-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release US Electric Vehicle Market 2021-2027: Industry Analysis, Trends, Growth, Opportunities, and Forecast here
News-ID: 2380746 • Views: …
More Releases from Orion Market Research

Terahertz Technology Market Set to Witness Significant Growth by 2032 | TOPTICA …
The Terahertz Technology Market was valued at approximately USD 1.09 billion in 2024 and is projected to reach USD 4.08 billion by 2032, reflecting a compound annual growth rate (CAGR) of 18.1% from 2025 to 2032.
Terahertz Technology Market Overview
Terahertz (THz) technology operates in the electromagnetic spectrum between microwave and infrared waves, encompassing frequencies from 0.1 to 10 THz. This technology is gaining prominence due to its non-ionizing radiation, enabling…

Specialty Tapes Market Set to Witness Significant Growth by 2032 | Avery Denniso …
The global Specialty Tapes Market was valued at approximately USD 55.39 billion in 2023 and is projected to reach USD 96.3 billion by 2032, reflecting a compound annual growth rate (CAGR) of 6.3% from 2024 to 2032.
Specialty Tapes Market Overview
The Specialty Tapes Market encompasses a diverse range of adhesive products tailored for specific applications across various industries. These tapes are characterized by their unique properties, such as high temperature…

Safety Helmets Market Set to Witness Significant Growth by 2033 | MSA Safety, Uv …
The global Safety Helmets Market was valued at approximately USD 5.01 billion in 2024, and it is expected to reach around USD 9.76 billion by 2033, growing at a *compound annual growth rate (CAGR) of about 7.7% from 2025 to 2033.
Safety Helmets Market Overview
The Safety Helmets Market is gaining momentum as industries like construction, manufacturing, mining, and infrastructure increasingly emphasize worker safety and regulatory compliance. Safety helmets-designed to protect against…

Sales Performance Management Market Gaining Momentum by 2033 | Xactly Corporatio …
The global Sales Performance Management market was valued at approximately USD 5.62 billion in 2024 and is projected to grow to about USD 18.22 billion by 2033, with a compound annual growth rate (CAGR) of approximately 13.27% between 2025 and 2033.
Sales Performance Management Market Overview
Sales Performance Management integrates tools and processes designed to boost sales productivity, optimize incentive structures, and align field sales efforts with business goals. Today's market is…
More Releases for Tesla
What Is The Voltage Of a Tesla Charger? Can One Use Any Charger With a Tesla?
What is the voltage of a Tesla charger [https://www.midaevse.com/nacs-350a-max-tesla-plug-tesla-connector-with-tesla-cable-product/]?
The voltage of a Tesla charger can vary depending on the specific model and type of charger. However, most Tesla chargers operate at a voltage of 240 volts for home charging, and up to 480 volts for superchargers at Tesla's charging stations. It's important to note that the voltage and charging capabilities can differ based on the region and the specific…
CCC Solar Now Tesla Certified to Install Tesla Charging Stations and Solar Roofs …
CCC Solar, a premier solar company in Northern Illinois, is proud to announce its new Tesla certification, enabling CCC Solar to install Tesla charging stations and Tesla solar roofs for residential and commercial properties. This certification expands CCC Solar's commitment to sustainable energy, allowing them to bring state-of-the-art Tesla products to customers across Rockford, Roscoe, Loves Park, Machesney Park, and surrounding areas.
As a Tesla-certified installer, CCC Solar now provides local…
Tesla Accessories Shop Launches Innovative Hubcaps and Wheel Covers for Tesla Ow …
Fort Collins,Colorado - September 30, 2024 - Tesla Accessories Shop is excited to announce the launch of its new line of hubcaps and wheel covers specifically designed for Tesla vehicles. As electric vehicle ownership continues to rise, our latest offerings provide Tesla owners with stylish, durable, and eco-friendly options to enhance their vehicle's aesthetic and performance.
The new collection features a range of designs that not only elevate the look of…
Protect Tesla with Premium Sunshades and Mudguards: The Essential Accessories fo …
In today's fast-paced automotive industry, Tesla owners are constantly seeking ways to protect and enhance the longevity of their vehicles. For Tesla Model S owners, two accessories have proven indispensable in maintaining both comfort and vehicle condition: sunshades and mudguards. As the demand for Tesla parts continues to grow, companies like Thetapai (https://Thetapai.com/ [https://thetapai.com/]) are at the forefront of offering high-quality aftermarket solutions to meet these needs.
One of the primary…
Charging Gun Coolant Market Trends, Geographical Outlook, Business Opportunities …
LOS ANGELES, United States: The global Charging Gun Coolant market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Charging Gun Coolant market. For instance, the market dynamics section digs deep into the drivers, restraints,…
Nanocoating Market Booming Worldwide | Buhler AG,Tesla NanoCoatings, Inc, PPG In …
For a powerful business growth, companies must take up Nanocoating Market
research report service which has become quite vital in this rapidly altering marketplace. This Nanocoating Market research report is formed with a nice combination of industry insight, smart solutions, practical solutions and newest technology to give better user experience. The Nanocoating Market report focuses on many aspects related to industry and market. To name a few…