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EV share in US market seen increasing

Electric vehicle (EV) adaptation in the US is expected to reach almost 15% by 2025 from just over 9% this year, supported by tax incentives for consumers and manufacturers in the Inflation Reduction Act (IRA).

EV share in US market seen increasing EV share in US market seen increasing EV share in US market seen increasing EV share in US market seen increasing EV share in US market seen increasing

EV market share seen growing in US

By 2030, EV penetration is expected to reach over 45% from 6% last year, an analysis of the sector by Citigroup Global Markets showed.

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