
The global electric vehicle (EV) testing, inspection, and certification market is anticipated to expand significantly, growing from $2.62 billion in 2025 to $12.5 billion by 2035, driven by rising EV production and stringent safety regulations. Key growth factors include advancements in battery technology, higher charging power, and complex market-entry requirements. This market covers various testing and compliance activities essential for both passenger and commercial EVs, ranging from battery safety evaluations to cybersecurity assessments. Regional complexities necessitate hybrid strategies combining in-house validation with third-party services for comprehensive market access, and the Asia-Pacific region is projected to lead due to its concentrated EV production and infrastructure development.
In other trading, Fuyao Glass Industry Group (SHSE:600660) was a standout up 4.6% and ending trading at CN¥54.02. Meanwhile, Anhui Jianghuai Automobile GroupLtd (SHSE:600418) softened, down 7.8% to end trading at CN¥22.78.
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