Rising Momentum in the Global Alternative Fuel Vehicles Market The global market for Alternative Fuel Vehicles (AFVs) is entering a major growth phase, supported by strong government policies, rising fuel-price volatility, and increased investment from automotive manufacturers. As countries push for lower emissions and long-term energy security, AFVs are becoming a core part of transportation strategies across passenger, commercial, and ...
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Surge in Global Demand Powers Growth in Alternative Fuel Vehicles Market, CAGR to Hit 9.8% by 2033 The Alternative Fuel Vehicles (AFV) market is poised for unprecedented growth with a projected Compound Annual Growth Rate (CAGR) of 9.8% from 2025 to 2033. This surge is underpinned by technological advancements, rising fuel prices, and strong government support, steering the market towards ...
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