Electric Cars: Market Strategies and Forecasts, Worldwide, 2019-2025

The global electric vehicle market at $39.8 billion in 2018 is projected to reach $1.5 trillion by 2025. Units sales are anticipated to reach 97 million vehicles worldwide by 2025. EV sales worldwide at 2.7 million vehicles in 2018 will go to 11 million in 2020.