Europe Electric Vehicle Market Trends and Projections

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2025-08-18 11:41:51 -

The European electric vehicle market is growing rapidly. Projections indicate it will expand at a remarkable 44.6% compound annual growth rate from 2022 to 2029. The market value is expected to jump from $147.56 billion in 2022 to an impressive $1.95 trillion by 2029. In terms of vehicle units, the market should reach 53.75 million electric vehicles by 2029, with a 27% annual growth rate. This...

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