According to the report published by Zion Market Research, global demand for electric vehicle market was valued at approximately USD 162.3 Billion in 2019, and is expected to generate revenue of around USD 656.2Billion by end of 2026, growing at a CAGR of around 22.4% between 2020 and 2026. Global Electric Vehicle Market: Overview  An electric vehicle (EV) is a vehicle using one or more than one electric engines or propulsion motors. An electric motor can be powered via an electricity collector system from off-vehicle sources and can be autonomous to convert fuel into electricity using fuel cells, batteries, solar…