In 2023, Italy exhibited a 6.13% growth in support for end-use electricity in transportation, surpassing Germany, which faced a 3.41% decline. France saw a notable increase of 7.94%, whereas the United States experienced a significant surge of 28.83%. In contrast, Belarus and Colombia registered decreases of 3.96% and 2.85%, respectively.
Looking ahead, several key trends are anticipated to shape the global landscape:
- Continued growth in countries like Italy and France fueled by enhanced policies and infrastructure advancements.
- Emerging markets reconsidering strategies to boost investments and reduce dependency on traditional fuels.
- Technological breakthroughs potentially altering competitive positions.
Top countries in Total Support on End-Use Electricity for Transportation Share by Country (Million US Dollars, Constant = 2020)
| # | 6 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 37.68 | 2023 | +23.23% | +6.13% | View data |
| 2 | 2 Germany | 36.51 | 2023 | -5.35% | -3.41% | View data |
| 3 | 3 France | 21.54 | 2023 | +9.25% | +7.94% | View data |
| 4 | 4 United States | 0.54 | 2023 | +1.76% | +28.83% | View data |
| 5 | 5 Belarus | 0.26 | 2023 | -6.8% | -3.96% | View data |
| 6 | 6 Colombia | 0.056 | 2023 | -4.26% | -2.85% | View data |
