United States Electric Mobility Market to Grow with a CAGR of 12.8% through 2030

The U.S. EV mobility market is expanding rapidly, driven by sustainability goals, rising consumer demand, infrastructure advancements, and supportive policies accelerating adoption across electric scooters, motorcycles, and cars.

According to TechSci Research report, “United States Electric Mobility Market – By Region, Competition Forecast & Opportunities, 2030F”, United States Electric Mobility Market was valued at USD 59.67 Billion in 2024 and is expected to reach USD 123.19 Billion by 2030 with a CAGR of 12.8% during the forecast period. The United States Electric Vehicle (EV) Mobility Market is undergoing a dynamic transformation, shaped by a combination of supportive ecosystem evolution and complex market hurdles. A key driver of growth is the shifting consumer mindset favoring sustainability, especially among younger, urban populations. With increased exposure to climate change and environmental degradation, this demographic is prioritizing clean transportation methods—bolstered by the wider availability of vehicle choices across price segments. Moreover, strategic partnerships between private companies, utilities, and government agencies are helping scale EV infrastructure and technology innovation, making adoption more accessible. The integration of EVs with smart city plans, intelligent traffic systems, and last-mile delivery services is positioning electric mobility as a foundational pillar in future urban development models.

However, the market still faces considerable challenges that temper its pace. One of the more pressing issues is the fragmented policy landscape across states, which leads to inconsistent EV incentives and infrastructure support. This regulatory mismatch not only confuses consumers but also disrupts the uniform expansion strategies of manufacturers and mobility providers. In parallel, a lack of skilled labor in EV-specific domains—such as battery management systems, power electronics, and charging network maintenance—continues to hinder operational efficiency and service delivery. Additionally, the lingering dependency on imported components for batteries and electronic systems poses risks to supply chain resilience, especially in light of global geopolitical tensions. While the private and public sectors are making strides toward domestic capacity building, the current gap still exposes the market to disruptions.

In this evolving landscape, the U.S. EV mobility market remains cautiously optimistic—buoyed by a long-term vision of electrification and sustainability but aware of the immediate need for systemic reforms, workforce development, and cohesive nationwide planning to address its most critical bottlenecks. The next phase of growth will hinge on how effectively these dual forces are managed.

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The United States Electric Mobility market is segmented into product type, battery type, voltage and region.

Based on product type, electric scooters are the fastest-growing segment, fueled by increasing demand for low-cost, convenient, and eco-friendly transportation in urban areas. Their scalability in fleet-based shared mobility platforms, low ownership costs, and technological innovation (e.g., smart tracking, battery swapping) are driving explosive growth, especially among younger users and logistics companies. Electric scooters have gained rapid popularity across U.S. cities as a viable last-mile transport solution, primarily due to their affordability, compact design, and low environmental impact. They are especially prominent in micro-mobility services, where companies like Bird, Lime, and Spin have deployed thousands of scooters in urban and university settings. Electric scooters are favored for short commutes, offering a convenient and accessible alternative to traditional transportation in congested areas. Their ease of use, low maintenance requirements, and suitability for sharing platforms make them a dominant force in the two-wheeler electric mobility segment. The demand is further supported by a tech-savvy young population and rising gig economy, were delivery personnel use scooters for cost-effective operations. The integration of swappable battery technology and IoT connectivity is also elevating their utility, making them smarter and more user-centric.

Based on region, the South region of the U.S., including states like Texas, Florida, and Georgia, is witnessing rapid growth in EV mobility adoption. While traditionally slower than coastal states in EV uptake, the South is catching up thanks to increasing urbanization, rising fuel prices, and infrastructure development. Florida, for example, ranks second after California in total number of EVs, bolstered by large metro areas like Miami and Orlando. The region also benefits from a mild climate, which supports battery performance. In addition to electric cars, cities such as Austin and Atlanta are embracing electric scooters and bikes for short-distance commuting. The emergence of manufacturing plants and battery factories in states like Georgia and Tennessee is fostering local economic growth and enhancing supply chain resilience. However, the absence of state-wide EV incentives in some Southern states still presents a challenge. Despite that, growing private investment and federal funding have positioned the South as a fast-emerging region in the national EV landscape.

Major companies operating in United States Electric Mobility market are:

• Kia Corporation
• Tesla, Inc
• Hyundai Motor Company
• Segway Inc.
• Yadea Technology Group Co., Ltd.
• Zero Motorcycles, Inc.
• BAIC Automotive Group Co., Ltd.
• Harley-Davidson Motor Company Group, Inc.
• Nissan Motor Co., Ltd.
• Bird Rides Inc.

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“In recent years, with rising geopolitical tensions and growing demand, the U.S. EV mobility market is witnessing a trend toward localization of manufacturing and diversification of critical EV supply chains. This is especially relevant for batteries, motors, semiconductors, and rare earth magnets—components traditionally sourced from Asia, especially China. The Inflation Reduction Act (IRA) mandates that, to qualify for federal tax credits, EVs must be assembled in North America and use a specified percentage of domestically sourced battery materials. This has prompted both domestic and foreign manufacturers to invest in U.S.-based production. Companies like Panasonic, LG Energy Solution, Ford, and General Motors have announced multibillion-dollar investments in EV battery gigafactories in states like Michigan, Georgia, and Tennessee. Similarly, newer entrants in the two-wheeler space are exploring local assembly and component manufacturing to lower logistics costs and qualify for subsidies”, Said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

"United States Electric Vehicle Mobility Market, By Product Type (Electric Scooter, Electric Motorcycle, Electric Car), By Battery Type (Sealed Lead Acid, NiMH, Li-ion), By Voltage (24V, 36V, 48V, Greater than 48V), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of United States Electric Mobility market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the United States Electric Mobility market.

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