Electric Vehicles in Defense Sector to Witness Emergence of Dominant Players Including General Motors, Hyundai, and Nissan – GlobalData Plc
The latest thematic research study by GlobalData Plc titled Electric Vehicles in Defense predicts the momentum toward EVs has now been established. By 2025, global electric vehicle production will rise four-fold to more than 10.6 million units, accounting for 10.7% by volume, as per GlobalData Plc analysts. In addition, in terms of regional outlook, China has aggressively built out its EV production capacity, with all the major Chinese automakers now offering multiple electrified models. As a result, China's share of...
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