The EV Composites Market is rapidly growing as automakers adopt lightweight materials to boost EV range and efficiency. Valued at USD 1.62B in 2023, it’s expected to reach USD 4.11B by 2030, growing at a 15.0% CAGR. The European EV composite market leads in innovation, driven by sustainability goals and strict regulations. Meanwhile, the Global EV Composites Market expands as manufacturers worldwide embrace composites. Rising demand continues to increase the overall EV Composites Market Size.
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