Companies Dominating the Luxury Electric Vehicle Landscape
- Bayerische Motoren Werke AG
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Porsche
- Tesla
- 2024 Jaguar I-Pace
- Lucid Motors
- 2023 Mercedes-Benz EQS
- BYD Auto
- Hyundai Motor Company
- Kia
- Audi
The Luxury Electric Vehicle industry is mostly controlled by prominent market participants who are gaining influence in the market through the implementation of various methods, such as mergers and acquisitions.
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
Currently in 2025, the industry revenue of luxury electric vehicle is estimated at USD 256.98 billion.
The global luxury electric vehicle market is set to expand from USD 228.37 billion in 2024 to USD 1.94 trillion by 2037, registering a CAGR of more than 17.9% during the forecast timeline, from 2025 through 2037.
Asia Pacific industry is predicted to hold largest revenue share of 62% by 2037, propelled by increasing region’s population and prevalence in buying luxury products for maintaining its lifestyle.
The major players in the market include Tesla, 2024 Jaguar I-Pace, Lucid Motors, 2023 Mercedes-Benz EQS, BYD Auto, Hyundai Motor Company, Kia, Audi.
