Electric Vehicles Research Jul 5, 2013 The light industrial & commercial EV business will exceed $20b by 2023 IDTechEx projects that 119,000 electric taxis will be sold giving a $1.8 billion global market. Most of the commercial electric vehicles, including the taxis, are and will be pure electric. That will even be true of large commercial vehicles, notably e-buses, set to exceed a $20 billion market as early as 2018 and dominated by demand in China.
Electric Vehicles Research Jul 5, 2013 The light industrial & commercial EV business will exceed $20b by 2023 IDTechEx projects that 119,000 electric taxis will be sold giving a $1.8 billion global market. Most of the commercial electric vehicles, including the taxis, are and will be pure electric. That will even be true of large commercial vehicles, notably e-buses, set to exceed a $20 billion market as early as 2018 and dominated by demand in China.