The projected data indicates a steady trend for electricity support towards transportation, remaining at 0.004% of GDP from 2024 to 2026, before rising slightly to 0.005% in 2027 and 2028. This consistent growth reflects a stable and modest increase in investment or support. The data imply a minimal compound annual growth rate (CAGR) given the negligible increment over this five-year forecast.
Future trends to watch for include:
- Potential policy changes which could enhance or reduce support for electric transportation.
- Technological advancements that may affect the cost-effectiveness and adoption rate of electric vehicles.
- Shifts in consumer demand and environmental consciousness, possibly driving greater emphasis on sustainable transportation.