Electric Vehicle Battery Swapping Market Size, Share, Trends 2032
The global electric vehicle battery swapping market size reached US$ 192.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,177.3 Million by 2032, exhibiting a growth rate (CAGR) of 22.32% during 2024-2032. The increasing sales of EVs, rising use of EVs in large commercial fleets, and the growing adoption of the battery as a service (BaaS) model are some of the major factors propelling the market.
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