Verifiedmarketresearch has published a report entitled Global Electric Vehicle Market Research Report 2019 that is a detailed observation of several aspects, including the rate of growth, technological advances and various strategies implemented by the main current market players. The report is based on a collective analysis of data, which is obtained through primary and secondary research. It provides a systematic approach to the current and prospective scenario of this market.
According to Verified Market Research, the Global Electric Vehicle Market was valued at USD 144.09 Billion in 2017 and is expected to reach USD 687.67 Billion by 2025 at a CAGR of 30.79% from 2018 to 2025.
The major manufacturers covered in this report- BMW, Ford, Honda, Continental, ZF, Schaeffler, Volvo, Daimler, Tesla Motors, Nissan Motor, BYD Auto, Hyundai, Volkswagen, and Toyota
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What is Electric Vehicle?
An electric vehicle, which is also known as an EV, is a vehicle that uses more than one electric motors or traction motors for propulsion. An electric vehicle can be powered through a collector system by electricity from off-vehicle sources or can be self-contained as well. Electrical vehicles are self-contained through electric generators (to convert fuel to electricity), solar panels or a battery. Types of electric vehicles include passenger cars (PC) as well as commercial vehicles (CV), these include road and rail vehicles, surface and underwater vessels and more.
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Global Electric Vehicle Market, By Component
- Overview
- EV Battery Cells & Packs
- On-Board Charger
- Infotainment System
- Instrument Cluster
Global Electric Vehicle Market, By Propulsion Type
- Overview
- Battery Electric Vehicle (BEV)
- Fuel Cell Electric Vehicle (FCEV)
- Plug-In Hybrid Electric Vehicle (PHEV)
- Hybrid Electric Vehicle (HEV)
Global Electric Vehicle Market, By Vehicle Type
- Overview
- Passenger Cars (PC)
- Commercial Vehicles (CV)
Market Segment by Regions, regional analysis covers 2019-2026:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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What are the Electric Vehicle market factors that are explained in the report
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: The Global Electric Vehicle Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
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