NEW YORK , Sept. 27, 2024 /PRNewswire/ -- Report with the AI impact on market trends - The Global Electric Vehicle Remote Diagnostics Market size is estimated to grow by USD 4.10 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of 39.04% during the forecast period. Reducing battery pack prices boosting EV demand is driving market growth, with a trend towards growing popularity of remote diagnostics services in electric buses However, subscription cost associated with EV remote diagnostics services poses a challenge - Key market players include AB Volvo, Beijing Automotive Group Co.
Ltd., Bayerische Motoren Werke AG, Chongqing Changan Automobile Co. Ltd.
, Ford Motor Co., General Motors Co., Honda Motor Co.
Ltd., Hyundai Motor Co., KIA CORP.
, Li Auto Inc., Mahindra and Mahindra Ltd., Mercedes Benz Group AG, Mitsubishi Motors Corp.
, Renault SAS, Stellantis NV, Tata Motors Ltd., Tesla Inc., Toyota Motor Corp.
, and Volkswagen AG. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report Market Driver Electric buses are experiencing increasing popularity worldwide, particularly in China , due to substantial investments and initiatives to expand their usage and infrastructure.
The demand for electric buses is growing among both public and private sectors, and this trend is anticipated to continue. The adoption of electric buses for public transportation is o.
