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The global battery electric vehicle (BEV) market is entering a decisive decade of expansion, underpinned by rapid technology advancement, policy-driven electrification, and structural shifts in automotive manufacturing. Valued at USD 0.5 trillion in 2025, the market is projected to surge to USD 2.0 trillion by 2035, registering a robust compound annual growth rate (CAGR) of 15.0%.
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