The electric vehicle market report, published by GMI Research, provides extensive insight and analysis of the electric vehicle market over the forecast period (2020-2027).
— The report primarily focuses on the key business financials, product portfolio, expansion strategies, and recent developments in the global Electric Vehicle market. The research report also studies the competitive environment of the electric vehicle market based on the company profiles and their efforts on increasing product value and production.
Leading Players in the Electric Vehicle Market
The notable players in the electric vehicle market include BYD, Volkswagen, Tesla Motors, Nissan Motor, Toyota, Hyundai, Volvo, Daimler, and Continental, among others.
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Key Drivers in the Electric Vehicle Market
The electric vehicle market is projected to witness an upsurge in demand over the coming years. The rapid evolution with the developments in the automotive sector, followed by numerous government initiatives to support the adoption of electric vehicles around the world, are further energizing the demand of the market. Additionally, the increasing number of subsidies, grants, tax rebates, and other non-financial benefits is another factor that is responsible for the expansion of the electric vehicle market share in terms of revenue.
According to the electric vehicle market forecast, the accelerating demand for fuel-efficient, high-performance, and low-emission vehicles, are directly surging the demand for electric vehicles across the globe. The electric vehicle converts more than 50% of the electrical energy from the grid to power at the wheels and is high cost-effective. All these features are attracting many consumers to opt for these vehicles in the coming years.
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Electric Vehicle Market by Component:
• Battery Cells & Packs
• On-Board Charger
• Infotainment System
• Electric Motor
Electric Vehicle Market by Charging Station Type:
• Normal Charging
• Super Charging
Electric Vehicle Market by Propulsion Type:
• Battery Electric Vehicle (BEV)
• Fuel Cell Electric Vehicle
• Plug-in Hybrid Electric Vehicle
• Hybrid Electric Vehicle
Electric Vehicle Market by Vehicle Type:
• Passenger Car
• Commercial Vehicles
Electric Vehicles Market by Power Output
• Operational Data
• Less than 100 Kw
• Less than 100-250 Kw
• Above 250 Kw
Electric Vehicle Market by Region:
• North America
o United States of America
• Asia Pacific
o Rest of APAC
o United Kingdom
o Rest of Europe
o South Africa
o Saudi Arabia
o Rest of the world (remaining countries of the LAMEA region)
Browse our Related Reports:
Global Electric Vehicle Market by Components and by Geography – Opportunities & Forecast 2016-2024
India Electric Vehicle Market by Vehicle Type (Electric Cars, electric Two-Wheelers & electric Three-Wheelers, by Volume, by Propulsion Type, by Battery Type and by Price Range – Opportunities & Forecast, 2019-2026
About GMI Research
GMI Research is a market research and consulting firm which provides bespoke industry & market insights to help businesses in making the toughest business decision. We know the significance of accurate data that’s why our analyst use tailored methodology to study each and every market in detail because one size doesn’t fit all. We just don’t cover only the traditional well-established market but also focuses more on niche markets and markets in the emerging markets for which getting information is very difficult, which makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across regions and countries.
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