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The China electric bus market was valued at USD 29,669.94 million and is projected to grow to USD 60,149.46 million, registering a CAGR of 12.50% in revenue during the forecast period.
Revenue in the Electric Vehicles market is projected to reach US$292.1bn in 2023. Revenue is expected to show an annual growth rate (CAGR 2023-2028) of 6.38%, resulting in a projected market volume of US$398.0bn by 2028.
SHANGHAI/BEIJING, July 15 (Reuters) - Volkswagen China on Friday stuck to its goal of doubling sales of its ID series of electric vehicles this year despite COVID-19 disruptions, with its chief calling the target "promising".
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