Sign in

Luxury Electric Vehicles Market Report 2023 - Analysis, Competition, Forecasts And Opportunities, 2023-2032

sai tbrc
Luxury Electric Vehicles Market Report 2023 - Analysis, Competition, Forecasts And Opportunities, 2023-2032

The Luxury Electric Vehicles Global Market Report 2023, provides comprehensive information on the luxury electric vehicles market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.


Learn More On The Luxury Electric Vehicles Market’s Growth:



The global luxury electric vehicles market is expected to grow from $149.13 billion in 2022 to $178 billion in 2023 at a compound annual growth rate (CAGR) of 19.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global luxury electric vehicles is expected to reach $345.51 billion in 2027 at a CAGR of 18%.


Get A Free Sample Of The Report (Includes Graphs And Tables):



Product innovation is the key trend gaining popularity in the luxury electric vehicle market. Major companies operating in the luxury electric vehicle market are focused on developing innovative products to strengthen their position in the market. For instance, in June 2023, AB Volvo, a Sweden-based manufacturer of luxury cars, trucks, buses, and construction equipment, launched t EX30 fully electric small SUV. It has the twin motor performance option, which combines the NMC battery with a second e-motor. This EX30 all-wheel drive model produces 315kW (428hp), accelerating from 0 to 100 km/h in 3.6 seconds. It includes an updated version of the Volvo Park Pilot Assist tool. It can manage all parking spots, including parallel, curved, perpendicular, and diagonal fishbone-style spaces.


The luxury electric vehicles market is segmented:

1) By Type: Battery Electric Vehicle (BEV), Plug-In Hybrid Electric Vehicles (PHEVs), Fuel Cell Electric Vehicles (FCEVs), Hybrid

2) By Battery Type: Lead-Acid, Lithium-Ion

3) By Range: High-End Luxury, Mid-Range Luxury

4) By Vehicle Type: Cars, Buses, Vans, Trucks

5) By Application: Personal, Government


Asia-Pacific was the largest region in the luxury electric vehicles market in 2022.


The table of contents in TBRC’s luxury electric vehicles market report includes:

1. Executive Summary

2. Luxury Electric Vehicles Market Characteristics

3. Luxury Electric Vehicles Market Trends And Strategies

4. Luxury Electric Vehicles Market - Macro Economic Scenario

5. Global Luxury Electric Vehicles Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)


32. Global Luxury Electric Vehicles Market Competitive Benchmarking

33. Global Luxury Electric Vehicles Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Luxury Electric Vehicles Market

35. Luxury Electric Vehicles Market Future Outlook and Potential Analysis

36. Appendix


Learn About Us: 

The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.


Contact Us: 

The Business Research Company 

Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

Email: [email protected]


Follow Us On:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

Twitter: https://twitter.com/tbrc_info

Facebook: https://www.facebook.com/TheBusinessResearchCompany

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Blog: https://blog.tbrc.info/

Healthcare Blog: https://healthcareresearchreports.com/

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

sai tbrc
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more