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Spain electric car market is anticipated to grow with a significant CAGR of 21.0% during the forecast period (2019-2025).
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Orion Market Research Orion Market Research Spain Electric Car Market COVID-19 Impact Analysis, Forecast 2020 19 Impact Analysis, Forecast 2020-2026 Spain Electric Car MarketShare, Size, Future Outlook, Future Outlook, 2026 Request a Free Sample of our Report on eport on Spain Electric Car Market: https://www.omrglobal.com/request https://www.omrglobal.com/request-sample/spain-electric-car-market Company Name: Orion Market Research Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Email: info@omrglobal.com Contact no:+91 780-304-0404 0404
Spain electric car market is anticipated to grow with a significant CAGR of 21.0% during the forecast period (2019-2025). Growing environmental concerns, rising government initiatives, and the rising demand for zero-emission vehicles are expected to drive the market. A growth of around 48% was reported on the Spain electric car market in 2019 and reached around 17,500 compared to 11,800 in 2018, as per the International Energy Agency (IEA). The Government of Spain is providing significant incentives to motivate the electric car market in the country. (Get 15% Discount on Buying this Report) Get Report Sample Copy @ https://www.omrglobal.com/request-sample/spain-electric-car-market Moreover, a rise in the number of electric vehicle startups is expected to propel the market in near future. For instance, in October 2020, a Spanish startup Lupa has revealed plans to introduce its first electric model by 2023. The company based in Barcelona is planning a number of pretty low-cost versions to attract low to middle-income consumers. The company has expected to launch the vehicle at around the $20,000 price range with the battery sold separately. A Full Report of Spain Electric Car Marketis Available at: https://www.omrglobal.com/industry-reports/spain-electric-car-market Further, government and private players are ramping up charging stations across Spain to increase the adoption of electric vehicles. For instance, Iberdrola, a Spanish energy company plans to set up charging stations for electric vehicles in the main motorways and road corridors of Spain, as well as in the public access areas of the main cities. In September 2020, in September 2020, it signed a green loan with the Official Credit Institute (ICO) to install 2,500 charging points on public roads in Spain and Portugal. The plan, which involves the setup of at least one rapid recharge station every 50 km, is expected to increase the adoption of the electric vehicle, which in turn, is anticipated to propel the growth of Spain electric car industry. Market Coverage The market number available for – 2018-2025 Base year- 2018 Forecast period- 2019-2025 Segment Covered- Vehicle Type, Propulsion Technology, and Battery Type Region Covered- Spain Competitive Landscape- Honda Motor Co., Ltd., BMW AG, AB Volvo, Audi AG, Hyundai Motor Co.
Spain Electric Car Market Report Segment By Vehicle Type Hatchback Sedan SUV By Propulsion Technology Battery Electric Car Plug-in Hybrid Electric Car By Battery Type NiMH Li-Ion Others Reasons to Buying From us – 1. We cover more than 15 major industries, further segmented into more than 90 sectors. 2. More than 120 countries are for analysis. 3. Over 100+ paid data sources mined for investigation. 4. Our expert research analysts answer all your questions before and after purchasing your report. For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/spain-electric-car-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari
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