insightSLICE recently published a market research report on Electric Vehicle which is based on intensive research methodologies and studies examining market status post corona virus outbreak.
The Global Electric Vehicle Market Volume was 3.5 million units and is expected to grow at a CAGR of 22% during 2020 and 2030. With increasing pollution, the regional government is taking significant initiatives to promote manufacturing of electric vehicles. The incentives were planned to reach US$ 6,680 per vehicle. Both the parties agreed to implement these incentives by the end of 2025. This is anticipated to boost the sales of electric vehicle in coming years. Moreover, stringent government regulations and rising awareness towards harmful effects of vehicle emissions is expected to favor the growth of global market.
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Competitive Landscape
Some of the major players in the Electric Vehicle market are Ford Motor Company, Tesla, BMW Group, Energica Motor Company S.p.A., Nissan Motor Corporation, Daimler AG, Toyota Motor Corporation, Volkswagen AG, and General Motors.
Players in the Electric Vehicle market are mainly concentrating on new product launches, acquisition, and collaboration to meet the growing demand for various end-use industries. New product launches help companies to strengthen their product portfolio and meet the specific demands of customers.
The report discusses key information about major growth drivers, restraints, opportunities, and trends observed in the global Electric Vehicle market. Factors such as market projections, the supply-demand ratio, market size, market attractiveness, technological advances, and key segments have been studied in detail. The Electric Vehicle market shares, product portfolios, and business strategies of the major market players have been revealed, along with authentic statistical data, figures, charts, and tables.
Segmentation Overview:
By Vehicle Type:
- Commercial Vehicle
- Passenger Vehicle
- Two-Wheeler
By Component:
- Electric Motor
- Battery Cells & Packs
- Infotainment
- On-Board Charge
By Propulsion Type:
- Hybrid electric vehicle (HEV)
- Plug-in hybrid electric vehicle (PHEV)
- Fuel cell electric vehicle (FCEV)
- Battery electric vehicle (BEV)
By Charging Station Type:
- Super Charging
- Normal Charging
Users can Expect Following From this Report:
- Impact of macro and microeconomic factors on the market: The author of report has included qualitative analysis to describe the factors impacting growth of market in a positive and negative way. Country level PESTLE analysis helps in knowing the future of market across prominent countries.
- COVID-19 impact: The global crisis has had implications on every industry. Our team of analysts has been incessantly monitoring the impact of COVID-19 on the market. There is a separate section included in the report to highlight the setbacks suffered during the crisis period.
- insightSLICE’s authentic industry forecast that are dependable for strategic decisions involving financial and marketing planning
- Industry Sectors to be Targeted: An elaborate explanation about what industry sector/s is anticipated to grow in near and long-term future. The findings are based on latest industry trends, reviews, strategic collaborations between industry players and first-hand experience of the ecosystem participants.
- Assess the market position of competitors, partners and clients via our Competitive Landscape Analysis. Strategies adopted by prominent and emerging market players, the synergies between channel partners, geographic performance of global and domestic players and similar pointers have been studied and described in this section.
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Why you should buy this report
- Benefit from the latest market opportunities
- Understand the threats to your operations and investments and protect your company against future risks
- Gain insight on emerging trends that could support, strengthen or disrupt your activities in the industry
- Get a full view of the competitive landscape to assess your market position
The Electric Vehicle Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the market.
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insightSLICE is a market intelligence and strategy consulting company. The company provides tailor-made and off the shelf market research studies. The prime focus of the company is on strategy consulting to provide end-to-end solutions.
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