1 / 4

Electric Car Market

Electric Car Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2021 to 2028.

pratiksha2
Télécharger la présentation

Electric Car Market

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Electric Car Market Growth Driven By Rising Fuel Prices And Growing Interest Of Consumer Towards Non- Fuel Cars “Global Electric Car Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by Verified Market Reports. Global Electric Car Market: Overview An electric car is a vehicle propelled by the help of electric motors, that also uses energy stored in the rechargeable batteries implanted in the vehicle. In addition, an electric car can be charged at any charging stations, that can be installed in both public areas or houses. In the 1880s, the first electric car was produced practically. After the 1880s, a revival in electric vehicle manufacturing was occurred in 2008, attributable to various advancements in batteries, along with increasing illnesses and deaths from air pollution. The desire to reduce harmful emissions of GHG (greenhouse gases) leads to the production of electric cars. According to a study, electric vehicles have a life span of 1 million miles (16,09,344 km), as compared to fuel based cars that have a lifespan of approximately 2 lakh miles (3,21,000 km) only.

  2. Get a Sample Copy Of Electric Car Get a Sample Copy Of Electric Car Market Research Report https://www.verifiedmarketreports.com/download- sample/?rid=81262#download_sample Market Research Report Here: Here: Factors including one-time government subsidies at purchase, post- purchase government subsidies, non-monetary government regulations, and better-charging infrastructure are some political factors that are supporting the revenue growth of the global electric cars market. In addition, several governments have various incentives for electric vehicles regarding tax credits, subsidies, and other incentives in order to promote the adoption of electric vehicles. However, the purchase of an electric car often depends on purchase price, battery size, and electric range. Furthermore, fuel price, purchasing price, and a number of potential buyers are some economic factors that support the global electric cars market growth in the near future. Rising fuel prices lead to the growing interest of consumer towards non-fuel cars such as electric cars, which, in turns, driving demand for electric cars over the forecast period. Moreover, the collaboration of market giants such as Tesla Motors and Google to generate new technologies and products coupled with rising fuel-efficiency regulations give rise to increasing production of electric cars.

  3. Global Electric Cars Market: Regional Analysis The Asia Pacific electric cars market is expected to register the fastest growth, followed by North America. This is owing to the strong presence of various major manufacturers of electric cars in Asia Pacific region. Moreover, these regions have comparatively high adoption rate for new technology. In addition, factors such as increasing demand for carbon emission reduction and advanced and fast charging stations are projected to propel the regional market growth. Global Electric Cars Market Segmentation: Segmentation by Product: •Battery Electric Cars (BEVs) •Plug-in Hybrid Electric Cars (PHEVs) Segmentation by Application: •Home Use •Home Use Segmentation by Region: •North America •Europe •Asia Pacific •Latin America •Middle East & Africa

  4. Key Players: •BMW AG •Nissan Motor Corporation •Kia Motors America, Inc. •Tesla •Hyundai Motor •Volkswagen AG •Groupe Renault. •Ford Motor company •Jaguar Land Rover Limited •Chevrolet Find more fro Find more from m https://www.verifiedmarketreports.com/product/global-electric-car-market-growth-2019-2024/

More Related