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(I-AutoNewsWire.com, December 15, 2018 ) An electric passenger car is the largest segment in the global electric vehicle market. The growth can be attributed to the growing demand for fuel-efficient vehicles, increasing environmental awareness among consumers, and competitive pricing in comparison to the ICE passenger cars.
Click Here for Free Electric Vehicle Market Sample Papers of spread across 198 Pages, Profiling 16 Companies and Supported with 93 Tables and 52 Figures is now available at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1551861 .
The global electric vehicle sales in 2017 reached 1.19 million units and is projected to grow at a CAGR of 32.57% to reach 10.79 million units by 2025. The base year for the study is 2017, and the forecast period is from 2018 to 2025. Primary aim of research study is to provide in-depth analysis of global EV market, and detailed analysis of dynamics driving the electric vehicle market.
Electric Vehicle Market, By Future Technology
1 Introduction
2 Electric Vehicle Battery Cost, 2016–2025
3 Electric Vehicle Range
4 Electric Vehicle Battery Charging Time
Electric Vehicle Market, By Component
1 Introduction
2 EV Battery Cells & Packs
3 On-Board Charger
4 Infotainment System
5 Instrument Cluster
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North America is fastest market for electric vehicles followed by Asia Pacific. Existing grants and subsidies, tax rebates, and availability of charging infrastructure are contributing to the growth in EV sales in this region. The OEMs in North America such as Tesla and GM have focused on the development of faster, cleaner, and high-performance electric vehicles.
Players Profiled in the Report are:
• Tesla Motors, Inc. (US)
• Nissan Motor Corporation (Japan)
• BYD Company Limited (China)
• BMW (Germany)
• Volkswagen (Germany)
• Toyota (Japan)
• Ford (US)
• Volvo (Sweden)
• Daimler (Germany)
• Hyundai (South Korea)
• Honda (Japan)
• Continental (Germany)
More Information on “Electric Vehicle Market by Propulsion (BEV, PHEV, FCEV), Vehicle (PC, CV), Charging Station (Normal, Super, Inductive), Charging Infrastructure (Normal, Type-2-AC, CHAdeMO, CCS, Tesla SC), Power Output, Installation, and Region - Global Forecast to 2025” report now at https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1551861 .
The major restraints considered in the study include the poor charging infrastructure, limited vehicle range, and the short lifespan of the EV battery, which restricts the sales of electric vehicles. Government support is considered to be the most crucial factor affecting the EV sales as the availability of subsidies, grants, and tax rebates help in pricing EV cars competitively as compared to ICE cars.
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Mr. Hrishikesh
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Source: EmailWire.Com
Source: EmailWire.com
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