Electrification & Mobility▲
Global EV Market Projected to Reach $2.74 Trillion by 2026
The global electric vehicle market is expected to reach $2.74 trillion by 2026, driven by investments in charging infrastructure and battery technology. Regional policies in Europe, China, and the United States are shaping distinct market dynamics, pushing automakers to adopt localized strategies. The competitive landscape is seeing a rise in Chinese manufacturers and a greater emphasis on battery recycling and traceability. In stock movements, Ecopro rose 9.2% to close at ₩86,400, while HGTECH fell 9.2% to CN¥145.21. Tesla shares ended at $396.18, up 0.4%, and the company partnered with Paper Transport LLC to test the Tesla Semi Long Range in Chicago operations.