Stratistics MRC’s Global Electric Classic Car Market value is expected to reach $583.4 million growing at a CAGR of 12.3% during 2024-2030.

Electric classic car is a vintage or heritage vehicle that has been converted to run on an electric powertrain, replacing the original internal combustion engine. These retrofitted cars maintain their classic aesthetics while offering modern sustainability benefits, including reduced emissions and improved energy efficiency. Advanced battery systems, electric drivetrains, and regenerative braking enhance performance without compromising the vehicle’s timeless appeal. The transition to electric propulsion allows classic car enthusiasts to preserve automotive history while adopting environmentally friendly transportation solutions.
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Over the forecast period, the North America region is anticipated to exhibit the highest CAGR fueled by a growing community of classic car restoration experts and EV enthusiasts. The region’s progressive electric vehicle policies and increasing investment in electrification are encouraging classic vehicle conversions. Additionally, rising interest in personalized EV retrofitting services and modular battery systems is fostering innovation, positioning North America as a key hub for electric classic car development and adoption.

Some of the key players in Electric Classic Car Market include Zero Labs Automotive, Zelectric Motors LLC, Volkswagen Classic Cars, Suzhou Lexsong Co., Ltd., Speedways Electric, Sebring Works, Porsche Classic, Marshell Green Power, Lunaz Design, London Electric Cars, Jaguar Land Rover Classic, Guangzhou Langqing Electric Car Co., Ltd, Ghost Garage, Ford Motor Company, Everrati, Electrogenic, Electric Classic Cars and CD Automotive Design.
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Key Developments:
In May 2025, Ford Motor Company announced price increases for the Maverick, Bronco Sport, and Mach-E models, effective for vehicles built after May 2. The decision responds to new tariffs on automobiles and car parts, with price hikes ranging from $600 to $2,000.

In April 2025, Land Rover Classic announced the launch of the Classic Defender V8 Works Bespoke Soft Top. This model combines the iconic design of the classic Defender with a powerful 5.0-litre V8 engine, offering a personalized driving experience.

In February 2025, Marshell Green Power is recognized among key players in the electric utility vehicle market, which is projected to reach over $30.5 billion. The company's focus on innovative developments in street-legal utility vehicles aligns with the global shift towards clean mobility.

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