Argentina Electric Vehicle Market to 2032

Overview

The Argentina Electric Vehicle Market is expected to reach a 5,792.15 USD Billion by 2032 and is projected to grow at a CAGR of 13.38% from 2025 to 2032.

Revenue, 2024 (USD Billion)
1,808.90
Forecast, 2032 (USD Billion)
5,792.15
CAGR, 2024 - 2032
13.38%
Report Coverage
Argentina

Argentina Electric Vehicle Market 2018-2032 USD Billion

Argentina Electric Vehicle Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 1,808.90 USD Billion
  • Projected Market Size (2032): 5,792.15 USD Billion
  • CAGR (2025-2032): 13.38%

Key Findings of Argentina Electric Vehicle Market

  • The Argentina Electric Vehicle Market was valued at 5,792.15 USD Billion in 2024.
  • The Argentina Electric Vehicle Market is likely to grow at a CAGR of 13.38% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Mid-Priced in Class Segment accounted for the largest share of the market with a revenue of 1,183.88 USD Billion
  • The fastest growing segment Hybrid Electric Vehicle(HEVs) in Propulsion Type Segment grew Fastest with a CAGR of 14.27% during the forecast period from 2024 to 2032.

Argentina Electric Vehicle Market Scope

Argentina Electric Vehicle Market Segmentation & Scope
Vehicle Type
  • Commercial Vehicles
  • Two Wheelers
  • Passenger Cars
Power Train
  • Combined Hybrid
  • Parallel Hybrid
  • Series Hybrid
Class
  • Luxury
  • Mid-Priced
Charging Station Type
  • Super Charging
  • Normal Charging
Propulsion Type
  • Fuel Cell Electric Vehicle(FCEVs)
  • Hybrid Electric Vehicle(HEVs)
  • Plug-in Hybrid Electric Vehicles (PHEVs)
  • Battery Electric Vehicle (BEV)
Component
  • Others
  • Infotainment System
  • On-board Charger
  • Battery Cells & Packs

Argentina Electric Vehicle Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Billion
Market Value in 2024 1,808.90 USD Billion
Market Value in 2032 5,792.15 USD Billion
CAGR (2025-2032) 13.38%
Historic Data 2016-2023
Market Segments Covered Vehicle Type,Power Train,Class,Charging Station Type,Propulsion Type,Component

Regional Insights:

  • Leading Market (2024-2032): Argentina, leading in terms of revenue 1,808.90 USD Billion in 2024
    • Key Country: Argentina, leading in terms of revenue with value of 1,808.90 USD Billion in 2024.

Segments and Scope

  • Argentina Electric Vehicle Market to 2032, By Vehicle Type
    • Passenger Cars is the largest segment in Argentina Electric Vehicle Market to 2032 with a revenue of 1,003.49 USD Billion in the year 2024.
    • Passenger Cars is the Fastest growing segment in Argentina Electric Vehicle Market to 2032 with a Growth rate of 13.94 % in forecast period 2025-2032.
  • Argentina Electric Vehicle Market to 2032, By Power Train
    • Series Hybrid is the largest segment in Argentina Electric Vehicle Market to 2032 with a revenue of 905.41 USD Billion in the year 2024.
    • Combined Hybrid is the Fastest growing segment in Argentina Electric Vehicle Market to 2032 with a Growth rate of 12.87 % in forecast period 2025-2032.
  • Argentina Electric Vehicle Market to 2032, By Class
    • Mid-Priced is the largest segment in Argentina Electric Vehicle Market to 2032 with a revenue of 1,183.88 USD Billion in the year 2024.
    • Mid-Priced is the Fastest growing segment in Argentina Electric Vehicle Market to 2032 with a Growth rate of 13.47 % in forecast period 2025-2032.
  • Argentina Electric Vehicle Market to 2032, By Charging Station Type
    • Normal Charging is the largest segment in Argentina Electric Vehicle Market to 2032 with a revenue of 1,181.59 USD Billion in the year 2024.
    • Normal Charging is the Fastest growing segment in Argentina Electric Vehicle Market to 2032 with a Growth rate of 13.72 % in forecast period 2025-2032.
  • Argentina Electric Vehicle Market to 2032, By Propulsion Type
    • Battery Electric Vehicle (BEV) is the largest segment in Argentina Electric Vehicle Market to 2032 with a revenue of 973.59 USD Billion in the year 2024.
    • Hybrid Electric Vehicle(HEVs) is the Fastest growing segment in Argentina Electric Vehicle Market to 2032 with a Growth rate of 13.29 % in forecast period 2025-2032.
  • Argentina Electric Vehicle Market to 2032, By Component
    • Battery Cells & Packs is the largest segment in Argentina Electric Vehicle Market to 2032 with a revenue of 957.47 USD Billion in the year 2024.
    • Battery Cells & Packs is the Fastest growing segment in Argentina Electric Vehicle Market to 2032 with a Growth rate of 13.75 % in forecast period 2025-2032.

Argentina Electric Vehicle Market Company Share Analysis

 
Company Name Company Share Analysis
Ford Motor Company
Tesla
General Motors
Nissan Motor Co., Ltd.
TOYOTA MOTOR CORPORATION
Argentina Electric Vehicle Market Company Share Analysis

Argentina Electric Vehicle Market Geographical Sales Distribution, 2018-2032 USD Billion

Argentina Electric Vehicle Market Geographical Sales Distribution, 2018-2032 USD Billion

Argentina Electric Vehicle Market Company Profiling

Argentina Electric Vehicle Market Company Profiling
Frequently Asked Questions
The Argentina Electric Vehicle Market is segmented based on Segmentation Vehicle Type,Power Train,Class,Charging Station Type,Propulsion Type,Component.
Argentina Electric Vehicle Market was valued at USD 1,808.90(Revenue in USD Billion) in 2021.
Argentina Electric Vehicle Market is projected to grow at a CAGR of 13.38% during the forecast period of 2024 to 2032.
The Mid-Priced segment is expected to dominate the Argentina Electric Vehicle Market, holding a largest market share of 1,183.88 USD Billion in 2024

Argentina Electric Vehicle Market Scope

Argentina Electric Vehicle Market Segmentation & Scope
Vehicle Type
  • Commercial Vehicles
  • Two Wheelers
  • Passenger Cars
Power Train
  • Combined Hybrid
  • Parallel Hybrid
  • Series Hybrid
Class
  • Luxury
  • Mid-Priced
Charging Station Type
  • Super Charging
  • Normal Charging
Propulsion Type
  • Fuel Cell Electric Vehicle(FCEVs)
  • Hybrid Electric Vehicle(HEVs)
  • Plug-in Hybrid Electric Vehicles (PHEVs)
  • Battery Electric Vehicle (BEV)
Component
  • Others
  • Infotainment System
  • On-board Charger
  • Battery Cells & Packs
Frequently Asked Questions
The Argentina Electric Vehicle Market is segmented based on Segmentation Vehicle Type,Power Train,Class,Charging Station Type,Propulsion Type,Component.
Argentina Electric Vehicle Market was valued at USD 1,808.90(Revenue in USD Billion) in 2021.
Argentina Electric Vehicle Market is projected to grow at a CAGR of 13.38% during the forecast period of 2024 to 2032.
The estimated market value of the Argentina Electric Vehicle Market for final year is USD 5,792.15 (USD Billion).

Argentina Electric Vehicle Market Company Profiling

Argentina Electric Vehicle Market Company Profiling
Frequently Asked Questions
The Argentina Electric Vehicle Market is segmented based on Segmentation Vehicle Type,Power Train,Class,Charging Station Type,Propulsion Type,Component.
Argentina Electric Vehicle Market was valued at USD 1,808.90(Revenue in USD Billion) in 2021.
Argentina Electric Vehicle Market is projected to grow at a CAGR of 13.38% during the forecast period of 2024 to 2032.
The estimated market value of the Argentina Electric Vehicle Market for final year is USD 5,792.15 (USD Billion).

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