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Electric Vehicle Market to Contribute in the Auto Parts & Equipment Industry Growth| Technavio

Declining prices of lithium-ion batteries to emerge as a key trend.

NEW YORK, June 24, 2021 /PRNewswire/ —

Technavio has announced its latest market research report titled Electric Vehicle (EV) Market in US by Type – Forecast and Analysis 2021-2025

The electric vehicle (EV) market in the US is poised to grow by 1736.13 thousand units during 2021-2025, decelerating at a CAGR of almost 45% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

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