Agricultural EV Market to Reach USD 10.18 Billion by 2033

According to the Research Intelo Report, the global agricultural EV market size was USD 3.42 billion in 2024, and is likely to reach USD 10.18 billion by 20233, expanding at a CAGR of 13.8%.

What Is the Future Outlook?

The agricultural EV market is poised for sustained, double-digit growth. Falling battery prices, improved charging infrastructure, and data-driven farming solutions are aligning to make EVs more accessible and efficient.
In the larger context of climate action, energy security, and food system resilience, agricultural EVs are not just tools; they represent a broader shift toward intelligent, clean farming. Whether through autonomous drones or solar-charged tractors, the journey toward greener fields is already underway.

Source: https://researchintelo.com/rep....ort/agricultural-ev-