Alternative Fuel Vehicles Market Size, Share, By Fuel (Electric, Battery Electric Vehicles (BEVs), Hybrid Electric Vehicles (HEVs), Plug-in Hybrid Electric Vehicles (PHEVs), Fuel Cell Electric Vehicle (FCEV), Biofuel and Others), Vehicles (Passenger Vehicles, Commercial Vehicles), End Use (Commercial & fleet, Public transportation, Government & Municipal and Others), and Region - Trends, Analysis, and Forecast till 2035

Report Code: PMI589325 | Publish Date: June 2025 | No. of Pages: 175

Alternative Fuel Vehicles Market Trends

Growing Urban Mobility Demand Drives Surge in Electric Vehicle Adoption for Personal Transport

A significant driver in the increasing usage of electric cars (EVs) for personal transportation is growing demand for urban mobility. More people opting for EVs as a cleaner, more sustainable mode of transportation as urban populations grow and communities work to mitigate traffic jams and pollution.  EVs are an excellent alternative for daily city commuting in densely populated regions due to numerous benefits which include lower operating costs, fewer disruptions, and zero exhaust emissions.