VFBATTERY REPORT

Applications

Pages 69–105 (37 pages)

Battery Report 2023, page 74: Applications
Text on page 74

Applications

Applications

Vehicles:| Passenger | Electric Electric Vehicles PassengerBEVs BEVs

Electric Vehicles | Passenger BEVs

China Continues To Be the Powerhouse of EV Adoption US & Europe

Since the onset of the pandemic, China has experienced dramatic growth.

In contrast, the growth trajectories in the US and Europe have been more gradual.

Growth in China was in large part fuel by government incentives (similar to how the IRA could impact US growth).

Source: GlobalData

Extracted from the PDF; charts and images may read imperfectly.

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