Photo Credit:Fair Use [17 U.S.C. § 107] 2026 3rd generation Nissan LEAF

Global Electric Car Market to Hit $1,982 Trillion by 2032

26 Jun 2025 | Abstracted from Yahoo Finance

"The global electric car market is projected to experience robust growth over the forecast period, fueled by government regulations and incentives promoting electric vehicle adoption, advancements in charging infrastructure, and increasing environmental awareness.

"According to Coherent Market Insights (CMI), the global electric car market size is expected to grow more than 4.6 times...Based on range, 150-300 miles segment will likely hold a prominent share of 57.7% in 2025."

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