US Electric Vehicles Market

ID: MRFR/AM/16568-HCR

100 Pages

Garvit Vyas

September 2025

US Electric Vehicles Market

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Table of Contents

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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US Electric Vehicles Market Summary

The US Electric Vehicles market is projected to grow from 41.5 USD Billion in 2024 to 150 USD Billion by 2035.

Key Market Trends & Highlights

US Electric Vehicles Key Trends and Highlights

The market is expected to experience a compound annual growth rate of 12.39 percent from 2025 to 2035.
By 2035, the market valuation is anticipated to reach 150 USD Billion, indicating robust growth potential.
In 2024, the market is valued at 41.5 USD Billion, reflecting a strong foundation for future expansion.
Growing adoption of electric vehicles due to increasing environmental awareness is a major market driver.

US Electric Vehicles Market

CAGR

12.39%

Market Size & Forecast

2024 Market Size	41.5 (USD Billion)
2035 Market Size	150 (USD Billion)
CAGR (2025 - 2035)	12.39%

Major Players

Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

US Electric Vehicles Market Trends

US Electric Vehicles Market Drivers

Market Segment Insights

Regional Insights

Key Companies in the US Electric Vehicles Market market include

Industry Developments

Market Segmentation

Report Scope

Market Highlights

Author

Garvit Vyas

Analyst

Explore the profile of Garvit Vyas, one of our esteemed authors at Market Research Future, and access their expert research contributions in the field of market research and industry analysis

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FAQs

What is the projected market size of the US Electric Vehicles Market by 2035?

By 2035, the US Electric Vehicles Market is expected to reach a valuation of 600.0 USD Billion.

What was the market size of the US Electric Vehicles Market in 2024?

The market size of the US Electric Vehicles Market in 2024 is anticipated to be 100.0 USD Billion.

What is the expected compound annual growth rate (CAGR) for the US Electric Vehicles Market from 2025 to 2035?

The anticipated CAGR for the US Electric Vehicles Market from 2025 to 2035 is 17.69%.

What are the projected market values for Battery Electric Vehicles by 2035?

The market value for Battery Electric Vehicles is expected to be 240.0 USD Billion by 2035.

Which technology segment is expected to hold the largest share of the US Electric Vehicles Market in 2035?

The Battery Electric Vehicles segment is expected to dominate the market with a valuation of 240.0 USD Billion by 2035.

What are the estimated market values for Plug-In Hybrid Electric Vehicles by 2035?

The market value for Plug-In Hybrid Electric Vehicles is projected to reach 180.0 USD Billion by 2035.

Who are the major competitors in the US Electric Vehicles Market?

Key players in the US Electric Vehicles Market include Tesla, Ford, General Motors, and Nissan.

What is the expected market value for Fuel-Cell Electric Vehicles in 2035?

The market value for Fuel-Cell Electric Vehicles is anticipated to be 180.0 USD Billion by 2035.

What challenges does the US Electric Vehicles Market currently face?

The market faces challenges such as infrastructure development and supply chain resilience in the automotive sector.

What opportunities are expected to drive growth in the US Electric Vehicles Market?

Opportunities for growth include advancements in battery technology and increasing consumer demand for sustainable transportation.

No Data Available

US Electric Vehicles Market Segmentation

Market Segmentation Overview

Detailed segmentation data will be available in the full report
Comprehensive analysis by multiple parameters
Regional and country-level breakdowns
Market size forecasts by segment

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US Electric Vehicles Market

US Electric Vehicles Market