𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐂𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐭𝐨 𝐛𝐞 𝐖𝐨𝐫𝐭𝐡 $𝟒𝟏𝟗.𝟑𝟗 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐚𝐧𝐝 𝐑𝐞𝐚𝐜𝐡 𝟗.𝟒 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐮𝐧𝐢𝐭𝐬 𝐛𝐲 𝟐𝟎𝟑𝟏 𝐁𝐨𝐨𝐤 𝐘𝐨𝐮𝐫 𝐂𝐨𝐩𝐲 𝐍𝐨𝐰 : https://lnkd.in/d3-2AWbg The 𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐂𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 is expected to reach $419.39 billion by 2031, growing at a 22.9% CAGR between 2024 and 2031. By volume, this market is expected to reach 9.4 million units by 2031, with a CAGR of 20.3% between 2024 and 2031. The continuation of the tax credit in the United States through 2032, shifting consumer perceptions of EVs, and supportive government policies all contribute to the expansion of the North American electric car market. However, interoperability concerns across the various market competitors, as well as supply chain insecurities, limit the market's expansion. Additionally, a lack of suitable charging networks and slower public charging facilities are significant barriers to market expansion Furthermore, the emergence of new jobs and employment responsibilities, as well as advancements in battery technology and range, are likely to create major growth prospects for North American electric car market companies. 𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐂𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 : * 𝐁𝐲 𝐏𝐫𝐨𝐩𝐮𝐥𝐬𝐢𝐨𝐧 𝐓𝐲𝐩𝐞 : Battery Electric Vehicles, Plug-in Hybrid Electric Vehicle, Hybrid Electric Vehicles * 𝐁𝐲 𝐏𝐨𝐰𝐞𝐫 𝐎𝐮𝐭𝐩𝐮𝐭 𝐓𝐲𝐩𝐞 : Less than 100Kw, 100kW to 250kW, More than 250Kw * 𝐁𝐲 𝐄𝐧𝐝 𝐔𝐬𝐞𝐫 : Private Use, Commercial * 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 : Tesla, Inc. (U.S.), General Motors Company (U.S.), Ford Motor Company (U.S.), Rivian, LLC (U.S.), Bollinger Motors Inc. (U.S.), Alcraft Motor Company Ltd., (U.K.), Nissan Motor Co., Ltd. (Japan), NIO Inc. (China), AB Volvo (Sweden), and Groupe Renault (France). * 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 : https://lnkd.in/g-vXA3Bg #EVMarket #ElectricMobility #GreenVehicles #SustainableTransport #EVRevolution #ZeroEmissions #ElectricCars #ElectricVehicleCharging #EVInfrastructure #BatteryTechnology #FutureOfTransport #ElectricCarTech #CarbonFreeDriving #NextGenEV #WirelessEVCharging #ChargingInfrastructure #RenewableEnergy #GreenEnergy #ElectricVehicleGrowth #EVInnovation #CleanMobility #SustainableEV #ElectricCarAdoption #EVChargingSolutions #AutonomousEV #Electrification #EVTrends #ElectricCarFuture #EVBatteries #ZeroEmissionVehicles #ElectricVehicleSales #EVChargingNetworks #FutureOfEV #SmartEVCharging #EVMarketGrowth #GreenTransportation #EVChargingStations #NorthAmericanEV #ElectricVehicleTechnology #SustainableCars #ElectricDriving #ElectricFuture #CleanDriving #EVAdoption
