E-Mobility Market Report: Trends, Insights, and Forecast for 2030

According to the study by Next Move Strategy Consulting, the global E-Mobility Market is projected to reach USD 2305.33 billion at a CAGR of 26.9% till 2030.

E-mobility or electric mobility refers to the shift from internal combustion engine (ICE) vehicles to battery-powered electric vehicles (EVs). It represents the concept of integrating electric powertrain technology, in-vehicle information and communication technologies,
and connected infrastructures to enable the vehicle’s electric power.

A vehicle’s powertrain technology can be full electric, plug-in hybrids, or hydrogen fuel cell vehicles that converts hydrogen into energy. Automotive E-mobility includes a wide range of EVs such as electric cars, e-bikes, pedelecs, electric motorbikes, e-buses, and etrucks, all of which are entirely or partially powered by electricity.

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