The global off-highway electric vehicle market is projected to be valued at USD 2.24 billion in 2023. Sales in this market are expected to reach USD 8.36 billion by 2033, growing at a compound annual growth rate (CAGR) of 14.1% from 2023 to 2033. The Off-highway Electric Vehicle Market is on a robust growth trajectory …
Tag Archives: Off-highway Electric Vehicle Market
Off-Highway Electric Vehicle Market Forecasted to Hit US$ 8.36 Billion by 2033, CAGR at 14.1%
The off-highway electric vehicle market size could be worth US$ 2.24 billion globally in 2023. Sales of off-highway electric vehicles are projected to reach a record high of US$ 8.36 Billion by 2033, rising at a CAGR of 14.1% from 2023 to 2033. Electric vehicles that are intended to be used off-road are known as …