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:
By Component:
By Propulsion Type:
By Charging Station Type:
Users can Expect Following From this Report:
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Why you should buy this report
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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