Global market valuation was derived through revenue mapping and vehicle volume analysis. The methodology included:
Identification of 55+ key manufacturers across North America, Europe, Asia-Pacific, and Latin America
Product mapping across HEV, BEV, PHEV, and FCEV categories by vehicle type (passenger cars, commercial vehicles, buses, two-wheelers)
Battery technology segmentation across lithium-ion, nickel-metal hydride, and solid-state technologies
Powertrain analysis covering series hybrid, parallel hybrid, plug-in hybrid, and battery electric architectures
Charging infrastructure assessment across home charging, public charging stations, and fast charging networks
Analysis of reported and modeled annual revenues specific to electrified vehicle portfolios
Coverage of manufacturers representing 75-80% of global market share in 2024
Extrapolation using bottom-up (vehicle unit sales × ASP by country/segment) and top-down (manufacturer revenue validation) approaches to derive segment-specific valuations