Automotive Finance Market: The Rise of EV Financing and...

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2025-07-24 07:57:52 -

Automotive Finance Market: The Rise of EV Financing and Subscription Services

The global automotive finance market was valued at USD 295.13 billion in 2024 and is expected to reach USD 451.71 billion by 2030, growing at a CAGR of 7.4% from 2025 to 2030. A key driver of this growth is the rising global demand for electric vehicles (EVs). According to Experian’s State of the Automotive Finance Report: Q2 2024, the share of EVs in automotive finance rose to...

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