US Electric Vehicle Market was valued at USD 38.18 Bn. in 2023 and is expected to reach USD 233.46 Bn. by 2030, at a CAGR of 25.4 % during the forecast period from 2024 to 2030.

US Electric Vehicle Market Growth:

Maximize Market Research, has published market intelligence and competitive landscape report on the "US Electric Vehicle Market". The report is a combination of primary data and secondary data and field experts have examined the US Electric Vehicle Market from a local, regional and global point of view. Over the forecast period, Maximize Market Research expects the US Electric Vehicle Market to grow from USD 38.18 Bn in 2023 and is expected to reach USD 233.46 Bn by 2030, at a CAGR of 25.4 per cent.

US Electric Vehicle Market Scope:

Market Size in 2023 USD 38.18 Bn.

Market Size in 2030 USD 233.46 Bn.

CAGR 25.4 % (2024-2030)

Forecast Period 2024-2030

Base Year 2023

Number of Pages 255

No. of Tables 120

No. of Charts and Figures 115

Segment Covered by Product

Report Coverage Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.

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US Electric Vehicle Market Report Scope and Research Methodology:

The U.S. electric vehicle market report provides an in-depth analysis of market demand and supply, investments by leading manufacturers, new vehicle launches, marketing and manufacturing strategies, and a detailed competitive analysis. It also includes competitive benchmarking of key players and projections for the future growth of the U.S. electric vehicle industry. Data collection involves primary sources such as interviews with business experts and secondary sources like market reports. Analysis includes understanding market size, trends, growth factors, and competition, using both quantitative tools and qualitative visions. The reports also forecast future trends and opportunities using statistical models, considering advancements in technology and regulatory influences. This approach aims to provide a comprehensive understanding of the US Electric Vehicle industry's dynamics and growth prospects.

US Electric Vehicle Market Dynamics:

The US Vehicle Market, due to large trade imbalances which would cause a USD 12.4 billion trade deficit in September 2023 when car imports far outpace exports, the U.S. market for electric vehicles is affected. Mexico, Japan, and South Korea are important import sources, while Canada, Germany, and China are important export markets. Anyhow these differences, there are chances to change the dynamics of trade thanks to the increased focus on environmentally friendly transportation and the development of EV technology. The market's growth is further supported by the EV charging infrastructure expansion, which is expected to reach 165,000 terminals by the end of 2023.

US Electric Vehicle Market Segmentation:

by Type

BEV
PHEV
HEV

by Vehicle Type

Two-wheeler
Passenger car

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US Electric Vehicle leading Manufacturers Include:

Tesla
Lucid Motors
Rivian
BMW
Mercedes Benz
Nissan
Volkswagen‎
General Motors
National Motor Vehicle Company
Nikola Corporation
Kia
Ford
Volvo
Toyota
Hyundai
Cadillac

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Key questions answered in the US Electric Vehicle Market are:

What is US Electric Vehicle?
What was the US Electric Vehicle Market size in 2023?
What is the growth rate of the US Electric Vehicle Market?
Which are the factors expected to drive the US Electric Vehicle Market growth?
What are the different segments of the US Electric Vehicle Market?
What are the factors restraining the growth of the US Electric Vehicle Market?
What is the demand pattern of the US Electric Vehicle Market?
What major challenges could the US Electric Vehicle Market face in the future?
What segments are covered in the US Electric Vehicle Market?
Who are the key players in the Global US Electric Vehicle market?
What are the upcoming industry applications and trends for the US Electric Vehicle Market?

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve (2018 to 2023)
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends in country
Market Segmentation - A detailed analysis of the Offerings, Vertical, Application and country
Competitive Landscape - Profiles of selected key players in country from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business
Recommendations

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sales@maximizemarketresearch.com

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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