According to a MarketsandMarkets™ research report "Electric Vehicle Fluids Market by Product Type (Engine oil, Coolants, Transmission Fluids, and Greases), Vehicle Type (On-highway Vehicle, Off-highway vehicle), Propulsion Type (Hybrid EV, Battery EV), Fill Type, and Region - Global Forecast to 2030" published by MarketsandMarkets, the Electric Vehicle Fluids market is projected to reach USD 8,644 million by 2030, at a CAGR of 31.2% from USD 749 million in 2021. Increasing demand for electric vehicles is the major driver of the Electric Vehicle Fluids market. A specific fluid requirement in EVs is also one of the other driving factors for electric vehicle fluids as an ICE’s motor differs greatly from EV motors and thus, needs fluids, which cater to totally different functions than that in the n the ICEs. With the growing concern over tailpipe emissions and their harmful effects on the environment, stringent standards for carbon dioxide and pollutants such as nitrogen oxide, unburned hydrocarbons, and particulates have been put in place, resulting in hybrid and full EVs no longer being seen as uncommon, but the standard for the future. #EVFluids #ElectricVehicleFluids #EVFluidMarket #ElectricVehicleMaintenance #FluidsIndustry

Electric Vehicles market is expected to reach USD 974.15 billion by 2030 The Global Electric Vehicles market is a dynamic and promising industry that has shown significant growth in recent years. According to Extrapolates recent market study, the Electric Vehicles market was valued at USD 345.12 billion in 2022 and is expected to reach USD 974.15 billion by 2030, exhibiting a robust CAGR of 13.85% over the forecast period of 2023- 2030. This report provides a comprehensive overview of the Electric Vehicles market, its growth drivers, key segments, regional insights, and competitive landscape. It serves as a valuable resource for businesses, investors, and industry professionals seeking to capitalize on emerging opportunities and navigate market uncertainties. 𝐆𝐞𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.extrapolate.com/sample/semiconductor-electronics/panel-mount-indicator-lamp-market/25720