IHS Markit: more than 11.2M Vehicles will be equipped with V2X in 2024
Green Car Congress
MAY 17, 2019
More than 11.2 million light vehicles equipped with some form of Vehicle-to-Everything (V2X) system will be produced globally in 2024, representing 12% of the light vehicle fleet, based on new research and forecasts from business information provider IHS Markit). IHS Markit expects that production of light vehicles equipped with V2X systems will be just under 15,000 units in 2019 and will grow at a compound annual growth rate (CAGR) of 277.5 percent in 2024.