A significant shift has been noticed towards electric cars usage in the automative industry. The increasing awareness and concern over global warming has led to an increasing demand for electrical vehicles that has zero emissions and excellent solution for reducing air pollution globally.
Top Electrical Car Manufacturing Countries in the World 2024
1. China: As per China Import Export Statistics, China is expected to produce Electrical Vehicle total value of $400 billion by 2024.With its massive population and government strategies promoting EV adoption, China has become the world's largest producer of electric cars.
2. United States: The US has been a pioneer in electric vehicle technology, with companies like Tesla revolutionizing the industry. It currently holds second place in EV production globally and is projected to reach a value of $190 billion by 2024 according to USA Import Export Data.
3. Germany: Germany is all set to produce over produce over 1 million units by 2024, with an estimated value of $85 billion according to Germany Import Export Data. Germany has also been making significant strides in electric car production due to government initiatives such as tax exemptions for EV buyers.
4. Japan: Japan's strong foothold in the automotive industry has allowed it to quickly adapt to the growing demand for EVs. The country plans to phase out gasoline-powered cars by 2035 and aims to produce around 700 thousand EVs with a value of $50 billion by 2024 according Japan Import Export Data.
5. South Korea: Home to major car manufacturers like Hyundai and Kia, South Korea has ramped up its efforts towards producing more sustainable vehicles. It aims to have at least one million registered EVs on its roads by 2025, with an estimated value of $30 billion as per South Korea Import Export Data.
6. France: France has set ambitious targets for reducing greenhouse gas emissions, which includes increasing EV production. With incentives like a government subsidy of up to €7,000 for EV buyers, it is expected to produce around 500 thousand units with a value of $25 billion by 2024 as per France Import Export Data.
7. Canada: Canada has great potential for electric vehicle production. The country aims to have all new light-duty vehicles sold be zero-emission by 2035 and is projected to reach a value of $15 billion in EV production by 2024 as per Canada Import Export Data.
The Top Electrical Car Producers in the World?
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Que. How many countries Import Export Data is available at Import Globals? Ans. More than 150 Countries trade data are available.
Que. Who is the top exporting country of electric cars. Ans. China is the top exporting country of electric cars.
Que. Does Import Globals provide latest updated Import Export data of Electric Cars? Ans. Yes, Import Globals have recorded million and trillion of shipments on Electric Cars trade globally.