According to a new report by Polaris Market Research, the global electric vehicle market was valued at USD 491.97 billion in 2025 and is projected to reach USD 1,422.35 billion by 2034, expanding at a CAGR of 12.5% from 2026 to 2034. Growth is underpinned by rising demand for cleaner mobility, expanding charging infrastructure, and accelerating adoption of plug-in and battery-electric...