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| Report Code: A02073 | Jan 2022 | Pages: 501 | ||
| Tables: 249 | Charts: 108 |
| |
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Electric Vehicle Market
Request Now !The global electric vehicle market was valued at $163.01 billion in 2020, and is projected to reach $823.75 billion by 2030, registering a CAGR of 18.2% from 2021 to 2030.
The COVID-19 pandemic has had an adverse effect on the overall automotive industry and thereby electric vehicle industry as well. As per the data released by Society of Electric Vehicle Manufacturers (SMEV), new EV registration of all types of electric vehicles during FY21 dropped by 20 percent compared with the number of new EV registrations in FY20. In addition, amid pandemic many different players are trying to devise different approaches in order to keep up with the condition by using electric vehicles for medical supplies as it provides affordable transportation with excellent maneuverability. For instance, Omega Seiki Mobility recently launched Rage+frost, a refrigerated load carrier three-wheeler, which is specifically designed for vaccine, pharmaceutical, and food delivery in these hard times.
An electric vehicle operates on electricity unlike its counterpart, which runs on fuel. Instead of internal combustion engine, these vehicles run on an electric motor that requires constant supply of energy from batteries to operate. There are a variety of batteries used in these vehicles. These include lithium ion, molten salt, zinc-air, and various nickel-based designs. The electric vehicle was primarily designed to replace conventional ways of travel as they lead to environmental pollution. It has gained popularity, owing to numerous technological advancements. It outperforms conventional vehicles providing higher fuel economy, low carbon emission & maintenance, convenience of charging at home, smoother drive, and reduced sound from engine. There are three types of electric vehicles batteries, hybrid, and plug-in hybrid electric vehicles. In addition, electric vehicles require no engine oil changes but are slightly expensive than their gasoline equivalents.
Factors such as increase in demand for fuel-efficient, high-performance, & low-emission vehicles, stringent government rules & regulations toward vehicle emission along with reduction in cost of electric vehicle batteries and increasing fuel costs supplement growth of the electric vehicle market. Moreover, factors such as lack of charging infrastructure, high manufacturing cost, and range anxiety and serviceability are the factors expected to hamper growth of the EV market. Furthermore, factors such as technological advancements, proactive government initiatives and development of self-driving electric vehicle technology are expected to create ample opportunities for the key players operating in the electric vehicle market.
The global electric vehicle market is segmented on the basis of type, vehicle type, vehicle class, top speed, vehicle drive type, and region. By type, it is divided into battery electric vehicle (BEV), plug-in hybrid electric vehicle (PHEV), and fuel cell electric vehicle (FCEV). By vehicle type, it is classified into two-wheelers, passenger cars, and commercial vehicles. By vehicle class, it is classified into mid-priced and luxury class. On the basis of top speed, it is segmented into less than 100 MPH, 100 to 125 MPH, and more than 125 MPH. By vehicle drive type, it is segmented into front wheel drive, rear wheel drive, and all-wheel drive. By region, the market is analyzed across North, Europe, Asia-Pacific and LAMEA.
Companies have adopted product development and product launch as their key development strategies in the electric vehicle market. The key players operating in this market are Ampere Vehicles, Benling India Energy and Technology Pvt Ltd, BMW AG, BYD Company Limited, Chevrolet Motor Company, Daimler AG, Energica Motor Company S.p.A., Ford Motor Company, General Motors, Hero Electric, Hyundai Motor Company, Karma Automotive, Kia Corporation, Lucid Group, Inc., Mahindra Electric Mobility Limited, NIO, Nissan Motors Co., Ltd., Okinawa Autotech Pvt. Ltd., Rivain, Tata Motors, Tesla, Inc., Toyota Motor Corporation, Volkswagen AG, WM Motor, and Xiaopeng Motors.
The COVID-19 pandemic has had an adverse effect on the overall automotive industry and thereby electric vehicle industry as well. As per the data released by Society of Electric Vehicle Manufacturers (SMEV), new EV registration of all types of electric vehicles during FY21 dropped by 20 percent compared with the number of new EV registrations in FY20.
In addition, amid pandemic many different players are trying to devise different approaches in order to keep up with the condition by using electric vehicles for medical supplies as it provides affordable transportation with excellent maneuverability. For instance, Omega Seiki Mobility recently launched Rage+frost, a refrigerated load carrier three-wheeler, which is specifically designed for vaccine, pharmaceutical, and food delivery in these hard times
Gasoline being a fossil fuel is not a renewable source of energy, and is anticipated to get exhausted in the future. To support sustainable development, it is important to develop and use alternative sources of fuel. This involves use of electric vehicles, which do not use gas and are more economical than conventional vehicles. An electric vehicle converts over 50% of the electrical energy from the grid to power at the wheels, whereas the gas-powered vehicle only manages to convert about 17%–21% of the energy stored in gasoline. The demand for fuel-efficient vehicles has increased recently, owing to rise in price of petrol and diesel. This is attributed to depleting fossil fuel reserves and growth in tendency of companies to gain maximum profit from these oil reserves. Thus, these factors give rise to the need for advanced fuel-efficient technologies, leading to surge in demand for electrically powered vehicles for travel.
With the growing environmental concerns, governments and environmental agencies across the world are enacting stringent emission norms and laws to reduce vehicle emission. Major regulatory measures are stringent emissions targets for the reduction of nitrogen oxides (NOx) and carbon dioxide (CO2) in air. High amounts of greenhouse gases being emitted from vehicles and federal and state governments in the U.S. are stepping up efforts to make transportation cleaner.
For instance, the U.S. Environmental Protection Agency (EPA) announced that they are working on new rules to decrease emissions of nitrogen oxide (NOx) and other pollutants from heavy-duty trucks. In addition, the California Air Resources Board (CARB) is adopting heavy-duty Low NOx Omnibus Regulation, aims to achieve a 90% reduction from current NOx emissions limits by 2027. Moreover, in Europe, European Union (EU) committed within the Paris agreement (COP21) to achieve its 20% greenhouse gas reduction target in 2020 for the second phase of the Kyoto Protocol. The EU has also set the target to achieve 40% greenhouse gas reduction by 2040 and net-zero by 2050.
Therefore, with enactment of the emission regulations for fossil fuel-powered vehicle, the burden on vehicle manufacturers, especially on commercial vehicle manufacturers, has further increased. This, in turn, is expected to drive the demand for electric vehicles. Thus, stringent emission norms imposed on fossil-fuel powered commercial vehicles significantly driving growth of the electric vehicle market.
Governments of various countries are promoting adoption of electric vehicles for commercial purpose to reduce emission of greenhouse into environment. However, lack of charging infrastructure for electric vehicles acts as an obstacle for the electric vehicle market. For instance, the Government of India is aiming to have only electric vehicle on roads by 2030. However, creation of robust electric vehicle infrastructure is one of the key requirements to ensure the adoption of electric vehicles. Unfortunately, EV charging infrastructure in most of developing countries is inadequate at present and yet to catch up to meet the requirement, which in turn is hampering the growth of the electric vehicle market. In addition, though China is one of the biggest markets for electric vehicles, the country is struggling to support the sufficient electric vehicle charging infrastructure to recharge electric fleets, which is anticipated to hindering the market. Thus, lack of charging infrastructure is restraining the growth of EV market.
The electric vehicle market will be affected by the recent trend of self-driving trucks. Top OEMs such as Tesla, Volvo, Vera, Daimler among others have been developing self-driving electric vehicles for the market. Startups such as Waymo, Uber, Embark, Einride, TuSimple, and Ike have also started developing self-driving electric vehicles. For instance, Tesla announced a plan to launch its self-driving electric truck by the end of 2022.
For instance, Waymo has started testing its self-driving trucks since January 2020. Similarly, TuSimple plans to operate autonomous routes between Pheonix and Tucson in Arizona and some areas in Texas. Further, in May 2019, Einride had started its testing for driver-less trucks. In January 2019, Daimler announced an investment of $570 million for self-driving electric vehicles. Thus, self-driving technology will increase demand for electric vehicles in the long run due to the various advantages such as reduced accident risk, easy use, and presence of value-added features. This technology is expected to mature by the next 5-6 years. Thus, development of self-driving electric vehicle technology is opportunistic for market growth.
Key Benefits For Stakeholders
Electric Vehicle Market Report Highlights
| Aspects | Details |
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| By Type |
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| By Vehicle Type |
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| By Vehicle Class |
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| By Top Speed |
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| By Vehicle Drive Type |
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| By Region |
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| By KEY PLAYERS |
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CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.2.3.Top winning strategies
3.3.Porter’s five forces analysis
3.3.1.Moderate-to-high bargaining power of suppliers
3.3.2.Moderate-to-high threat of new entrants
3.3.3.Moderate-to-high threat of substitutes
3.3.4.Moderate-to-High intensity of rivalry
3.3.5.Moderate bargaining power of buyers
3.4.Market share analysis, 2020 (%)
3.5.Market dynamics
3.5.1.Drivers
3.5.1.1.Increase in demand for fuel-efficient, high-performance, and low-emission vehicles
3.5.1.2.Stringent government rules and regulations towards vehicle emission
3.5.1.3.Reduction in cost of electric vehicle batteries
3.5.1.4.Increasing fuel costs
3.5.2.Restraints
3.5.2.1.Lack of charging infrastructure
3.5.2.2.High manufacturing cost
3.5.2.3.Range anxiety and serviceability
3.5.3.Opportunities
3.5.3.1.Technological advancements
3.5.3.2.Proactive government initiatives
3.5.3.3.Development of self-driving electric vehicle technology
3.6.Impact of COVID-19 on the market
3.6.1.Evolution of outbreaks
3.6.1.1.SARS
3.6.1.2.COVID-19
3.6.2.Micro-economic impact analysis
3.6.2.1.Consumer trend
3.6.2.2.Technology trends
3.6.2.3.Regulatory trend
3.6.3.Macro-economic impact analysis
3.6.3.1.GDP
3.6.3.2.Import/export analysis
3.6.3.3.Employment index
3.6.4.Impact on the electric vehicle industry analysis
3.7.Market evolution/Industry roadmap
3.8.Electric Vehicle Industry Value Chain
3.8.1.Raw materials and refinement
3.8.2.Component manufacturers
3.8.3.OEMs & Suppliers
3.8.4.EV charging infrastructure
3.8.5.Maintenance and repair
3.8.6.Reuse and recycle
3.9.Indian Electric Vehicle Infrastructure Market
3.9.1.Overview
3.9.2.Drivers
3.9.2.1.Rising Number of Initiatives and Investments Undertaken by Government Along With Private Players
3.9.2.2.Increasing Adoption of Battery Electric Vehicles Across the Country
3.9.3.Challenges
3.9.4.Recent Developments in Electric Vehicle Infrastructure Market in India
3.9.5.List of EV Infrastructure Providers in India
3.9.6.Is the Indian market consolidated or fragmented?
CHAPTER 4:ELECTRIC VEHICLE MARKET, BY TYPE
4.1.Overview
4.2.BEV
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country
4.3.PHEV
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country
4.4.FCEV
4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country
CHAPTER 5:ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE
5.1.Overview
5.2.Two-Wheeler
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country
5.3.Passenger Cars
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country
5.4.Commercial Vehicles
5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country
CHAPTER 6:ELECTRIC VEHICLE MARKET, BY VEHICLE CLASS
6.1.Overview
6.2.Mid-priced
6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country
6.3.Luxury
6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country
CHAPTER 7:ELECTRIC VEHICLE MARKET, BY TOP SPEED
7.1.Overview
7.2.Less Than 100 MPH
7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by region
7.2.3.Market analysis, by country
7.3.100 to 125 MPH
7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by region
7.3.3.Market analysis, by country
7.4.More Than 125 MPH
7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by region
7.4.3.Market analysis, by country
CHAPTER 8:ELECTRIC VEHICLE MARKET, BY VEHICLE DRIVE TYPE
8.1.Overview
8.2.Front Wheel Drive
8.2.1.Key market trends, growth factors, and opportunities
8.2.2.Market size and forecast, by region
8.2.3.Market analysis, by country
8.3.Rear Wheel Drive
8.3.1.Key market trends, growth factors, and opportunities
8.3.2.Market size and forecast, by region
8.3.3.Market analysis, by country
8.4.All Wheel Drive
8.4.1.Key market trends, growth factors, and opportunities
8.4.2.Market size and forecast, by region
8.4.3.Market analysis, by country
CHAPTER 9:ELECTRIC VEHICLE MARKET, BY REGION
9.1.Overview
9.2.North America
9.2.1.Key market trends, growth factors, and opportunities
9.2.2.Market size and forecast, by type
9.2.3.Market size and forecast, by vehicle type
9.2.4.Market size and forecast, by vehicle class
9.2.5.Market size and forecast, by top speed
9.2.6.Market size and forecast, by vehicle drive type
9.2.7.Market analysis by country
9.2.7.1.U.S.
9.2.7.1.1.Market size and forecast, by type
9.2.7.1.2.Market size and forecast, by vehicle type
9.2.7.1.3.Market size and forecast, by vehicle class
9.2.7.1.4.Market size and forecast, by top speed
9.2.7.1.5.Market size and forecast, by vehicle drive type
9.2.7.2.Canada
9.2.7.2.1.Market size and forecast, by type
9.2.7.2.2.Market size and forecast, by vehicle type
9.2.7.2.3.Market size and forecast, by vehicle class
9.2.7.2.4.Market size and forecast, by top speed
9.2.7.2.5.Market size and forecast, by vehicle drive type
9.2.7.3.Mexico
9.2.7.3.1.Market size and forecast, by type
9.2.7.3.2.Market size and forecast, by vehicle type
9.2.7.3.3.Market size and forecast, by vehicle class
9.2.7.3.4.Market size and forecast, by top speed
9.2.7.3.5.Market size and forecast, by vehicle drive type
9.3.Europe
9.3.1.Key market trends, growth factors, and opportunities
9.3.2.Market size and forecast, by type
9.3.3.Market size and forecast, by vehicle type
9.3.4.Market size and forecast, by vehicle class
9.3.5.Market size and forecast, by top speed
9.3.6.Market size and forecast, by vehicle drive type
9.3.7.Market analysis by country
9.3.7.1.UK
9.3.7.1.1.Market size and forecast, by type
9.3.7.1.2.Market size and forecast, by vehicle type
9.3.7.1.3.Market size and forecast, by vehicle class
9.3.7.1.4.Market size and forecast, by top speed
9.3.7.1.5.Market size and forecast, by vehicle drive type
9.3.7.2.Germany
9.3.7.2.1.Market size and forecast, by type
9.3.7.2.2.Market size and forecast, by vehicle type
9.3.7.2.3.Market size and forecast, by vehicle class
9.3.7.2.4.Market size and forecast, by top speed
9.3.7.2.5.Market size and forecast, by vehicle drive type
9.3.7.3.France
9.3.7.3.1.Market size and forecast, by type
9.3.7.3.2.Market size and forecast, by vehicle type
9.3.7.3.3.Market size and forecast, by vehicle class
9.3.7.3.4.Market size and forecast, by top speed
9.3.7.3.5.Market size and forecast, by vehicle drive type
9.3.7.4.Netherlands
9.3.7.4.1.Market size and forecast, by type
9.3.7.4.2.Market size and forecast, by vehicle type
9.3.7.4.3.Market size and forecast, by vehicle class
9.3.7.4.4.Market size and forecast, by top speed
9.3.7.4.5.Market size and forecast, by vehicle drive type
9.3.7.5.Norway
9.3.7.5.1.Market size and forecast, by type
9.3.7.5.2.Market size and forecast, by vehicle type
9.3.7.5.3.Market size and forecast, by vehicle class
9.3.7.5.4.Market size and forecast, by top speed
9.3.7.5.5.Market size and forecast, by vehicle drive type
9.3.7.6.Rest of Europe
9.3.7.6.1.Market size and forecast, by type
9.3.7.6.2.Market size and forecast, by vehicle type
9.3.7.6.3.Market size and forecast, by vehicle class
9.3.7.6.4.Market size and forecast, by top speed
9.3.7.6.5.Market size and forecast, by vehicle drive type
9.4.Asia-Pacific
9.4.1.Key market trends, growth factors, and opportunities
9.4.2.Market size and forecast, by type
9.4.3.Market size and forecast, by vehicle type
9.4.4.Market size and forecast, by vehicle class
9.4.5.Market size and forecast, by top speed
9.4.6.Market size and forecast, by vehicle drive type
9.4.7.Market analysis by country
9.4.7.1.China
9.4.7.1.1.Market size and forecast, by type
9.4.7.1.2.Market size and forecast, by vehicle type
9.4.7.1.3.Market size and forecast, by vehicle class
9.4.7.1.4.Market size and forecast, by top speed
9.4.7.1.5.Market size and forecast, by vehicle drive type
9.4.7.2.Japan
9.4.7.2.1.Market size and forecast, by type
9.4.7.2.2.Market size and forecast, by vehicle type
9.4.7.2.3.Market size and forecast, by vehicle class
9.4.7.2.4.Market size and forecast, by top speed
9.4.7.2.5.Market size and forecast, by vehicle drive type
9.4.7.3.India
9.4.7.3.1.Market size and forecast, by type
9.4.7.3.2.Market size and forecast, by vehicle type
9.4.7.3.3.Market size and forecast, by vehicle class
9.4.7.3.4.Market size and forecast, by top speed
9.4.7.3.5.Market size and forecast, by vehicle drive type
9.4.7.4.Singapore
9.4.7.4.1.Market size and forecast, by type
9.4.7.4.2.Market size and forecast, by vehicle type
9.4.7.4.3.Market size and forecast, by vehicle class
9.4.7.4.4.Market size and forecast, by top speed
9.4.7.4.5.Market size and forecast, by vehicle drive type
9.4.7.5.South Korea
9.4.7.5.1.Market size and forecast, by type
9.4.7.5.2.Market size and forecast, by vehicle type
9.4.7.5.3.Market size and forecast, by vehicle class
9.4.7.5.4.Market size and forecast, by top speed
9.4.7.5.5.Market size and forecast, by vehicle drive type
9.4.7.6.Rest of Asia-Pacific
9.4.7.6.1.Market size and forecast, by type
9.4.7.6.2.Market size and forecast, by vehicle type
9.4.7.6.3.Market size and forecast, by vehicle class
9.4.7.6.4.Market size and forecast, by top speed
9.4.7.6.5.Market size and forecast, by vehicle drive type
9.5.LAMEA
9.5.1.Key market trends, growth factors, and opportunities
9.5.2.Market size and forecast, by type
9.5.3.Market size and forecast, by vehicle type
9.5.4.Market size and forecast, by vehicle class
9.5.5.Market size and forecast, by top speed
9.5.6.Market size and forecast, by vehicle drive type
9.5.7.Market analysis by country
9.5.7.1.Latin America
9.5.7.1.1.Market size and forecast, by type
9.5.7.1.2.Market size and forecast, by vehicle type
9.5.7.1.3.Market size and forecast, by vehicle class
9.5.7.1.4.Market size and forecast, by top speed
9.5.7.1.5.Market size and forecast, by vehicle drive type
9.5.7.2.Middle East
9.5.7.2.1.Market size and forecast, by type
9.5.7.2.2.Market size and forecast, by vehicle type
9.5.7.2.3.Market size and forecast, by vehicle class
9.5.7.2.4.Market size and forecast, by top speed
9.5.7.2.5.Market size and forecast, by vehicle drive type
9.5.7.3.Africa
9.5.7.3.1.Market size and forecast, by type
9.5.7.3.2.Market size and forecast, by vehicle type
9.5.7.3.3.Market size and forecast, by vehicle class
9.5.7.3.4.Market size and forecast, by top speed
9.5.7.3.5.Market size and forecast, by vehicle drive type
CHAPTER 10:COMPANY PROFILES
10.1.Ampere Vehicles
10.1.1.Company overview
10.1.2.Key executives
10.1.3.Company snapshot
10.1.4.Product portfolio
10.1.5.Key strategic moves and developments
10.2.BENLING INDIA ENERGY AND TECHNOLOGY PVT LTD
10.2.1.Company overview
10.2.2.Company snapshot
10.2.3.Product portfolio
10.3.BMW AG
10.3.1.Company overview
10.3.2.Key executives
10.3.3.Company snapshot
10.3.4.Operating business segments
10.3.5.Product portfolio
10.3.6.R&D expenditure
10.3.7.Business performance
10.3.8.Key strategic moves and developments
10.4.BYD COMPANY LIMITED
10.4.1.Company overview
10.4.2.Key executives
10.4.3.Company snapshot
10.4.4.Operating business segments
10.4.5.Product portfolio
10.4.6.R&D expenditure
10.4.7.Business performance
10.4.8.Key strategic moves and developments
10.5.Chevrolet Motor Company
10.5.1.Company overview
10.5.2.Key executives
10.5.3.Company snapshot
10.5.4.Product portfolio
10.5.5.Key strategic moves and developments
10.6.DAIMLER AG
10.6.1.Company overview
10.6.2.Key executives
10.6.3.Company snapshot
10.6.4.Operating business segments
10.6.5.Product portfolio
10.6.6.R&D expenditure
10.6.7.Business performance
10.6.8.Key strategic moves and developments
10.7.ENERGICA MOTOR COMPANY S. P. A
10.7.1.Company overview
10.7.2.Key executives
10.7.3.Company snapshot
10.7.4.Product portfolio
10.7.5.Business performance
10.7.6.Key strategic moves and developments
10.8.FORD MOTOR COMPANY
10.8.1.Company overview
10.8.2.Key executives
10.8.3.Company snapshot
10.8.4.Operating business segments
10.8.5.Product portfolio
10.8.6.R&D expenditure
10.8.7.Business performance
10.8.8.Key strategic moves and developments
10.9.GENERAL MOTORS
10.9.1.Company overview
10.9.2.Key executives
10.9.3.Company snapshot
10.9.4.Operating business segments
10.9.5.Product portfolio
10.9.6.R&D expenditure
10.9.7.Business performance
10.9.8.Key strategic moves and developments
10.10.Hero Electric
10.10.1.Company overview
10.10.2.Key executives
10.10.3.Company snapshot
10.10.4.Product portfolio
10.10.5.Key strategic moves and developments
10.11.HYUNDAI MOTOR COMPANY
10.11.1.Company overview
10.11.2.Key executives
10.11.3.Company snapshot
10.11.4.Operating business segments
10.11.5.Product portfolio
10.11.6.R&D expenditure
10.11.7.Business performance
10.11.8.Key strategic moves and developments
10.12.KARMA AUTOMOTIVE
10.12.1.Company overview
10.12.2.Key executives
10.12.3.Company snapshot
10.12.4.Product portfolio
10.12.5.Key strategic moves and developments
10.13.Kia Corporation
10.13.1.Company overview
10.13.2.Key executives
10.13.3.Company snapshot
10.13.4.Operating business segments
10.13.5.Product portfolio
10.13.6.R&D expenditure
10.13.7.Business performance
10.13.8.Key strategic moves and developments
10.14.Lucid Group, Inc.
10.14.1.Company overview
10.14.2.Key executives
10.14.3.Company snapshot
10.14.4.Product portfolio
10.14.5.Key strategic moves and developments
10.15.Mahindra Electric Mobility Limited
10.15.1.Company overview
10.15.2.Key executives
10.15.3.Company snapshot
10.15.4.Product portfolio
10.15.5.Key strategic moves and developments
10.16.NIO
10.16.1.Company overview
10.16.2.Key executives
10.16.3.Company snapshot
10.16.4.Operating business segments
10.16.5.Product portfolio
10.16.6.R&D expenditure
10.16.7.Business performance
10.16.8.Key strategic moves and developments
10.17.NISSAN MOTORS CO., LTD.
10.17.1.Company overview
10.17.2.Key executives
10.17.3.Company snapshot
10.17.4.Operating business segments
10.17.5.Product portfolio
10.17.6.R&D expenditure
10.17.7.Business performance
10.17.8.Key strategic moves and developments
10.18.Okinawa Autotech Pvt. Ltd.
10.18.1.Company overview
10.18.2.Key executives
10.18.3.Company snapshot
10.18.4.Product portfolio
10.18.5.Key strategic moves and developments
10.19.RIVIAN
10.19.1.Company overview
10.19.2.Key executives
10.19.3.Company snapshot
10.19.4.Product portfolio
10.19.5.Key strategic moves and developments
10.20.Tata Motors
10.20.1.Company overview
10.20.2.Key executives
10.20.3.Company snapshot
10.20.4.Product portfolio
10.20.5.Operating business segments
10.20.6.R&D expenditure
10.20.7.Business performance
10.20.8.Key strategic moves and developments
10.21.TESLA, INC.
10.21.1.Company overview
10.21.2.Key executives
10.21.3.Company snapshot
10.21.4.Operating business segments
10.21.5.Product portfolio
10.21.6.R&D expenditure
10.21.7.Business performance
10.21.8.Key strategic moves and developments
10.22.TOYOTA MOTOR CORPORATION
10.22.1.Company overview
10.22.2.Key executives
10.22.3.Company snapshot
10.22.4.Operating business segments
10.22.5.Product portfolio
10.22.6.R&D expenditure
10.22.7.Business performance
10.22.8.Key strategic moves and developments
10.23.VOLKSWAGEN AG
10.23.1.Company overview
10.23.2.Key executives
10.23.3.Company snapshot
10.23.4.Operating business segments
10.23.5.Product portfolio
10.23.6.R&D expenditure
10.23.7.Business performance
10.23.8.Key strategic moves and developments
10.24.WM MOTOR
10.24.1.Company overview
10.24.2.Key executives
10.24.3.Company snapshot
10.24.4.Product portfolio
10.24.5.Key strategic moves and developments
10.25.Xiaopeng Motors
10.25.1.Company overview
10.25.2.Key executives
10.25.3.Company snapshot
10.25.4.Operating business segments
10.25.5.Product portfolio
10.25.6.R&D expenditure
10.25.7.Business performance
10.25.8.Key strategic moves and developments
LIST OF TABLES
TABLE 01.RECENT DEVELOPMENTS IN ELECTRIC VEHICLE INFRASTRUCTURE MARKET IN INDIA
TABLE 02.LIST OF EV INFRASTRUCTURE PROVIDERS IN INDIA
TABLE 03.ELECTRIC VEHICLE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 04.ELECTRIC VEHICLE MARKET FOR BEV, BY REGION, 2020–2030 ($MILLION)
TABLE 05.ELECTRIC VEHICLE MARKET FOR PHEV, BY REGION, 2020–2030 ($MILLION)
TABLE 06.ELECTRIC VEHICLE MARKET FOR FCEV, BY REGION, 2020–2030 ($MILLION)
TABLE 07.ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 08.ELECTRIC VEHICLE MARKET FOR TWO-WHEELER, BY REGION, 2020–2030 ($MILLION)
TABLE 09.ELECTRIC VEHICLE MARKET FOR PASSENGER CARS, BY REGION, 2020–2030 ($MILLION)
TABLE 10.ELECTRIC VEHICLE MARKET FOR COMMERCIAL VEHICLES, BY REGION, 2020–2030 ($MILLION)
TABLE 11.ELECTRIC VEHICLE MARKET, BY VEHICLE CLASS, 2020–2030 ($MILLION)
TABLE 12.ELECTRIC VEHICLE MARKET FOR MID-PRICED, BY REGION, 2020–2030 ($MILLION)
TABLE 13.ELECTRIC VEHICLE MARKET FOR LUXURY, BY REGION, 2020–2030 ($MILLION)
TABLE 14.ELECTRIC VEHICLE MARKET, BY TOP SPEED, 2020–2030 ($MILLION)
TABLE 15.ELECTRIC VEHICLE MARKET FOR LESS THAN 100 MPH, BY REGION, 2020–2030 ($MILLION)
TABLE 16.ELECTRIC VEHICLE MARKET FOR 100 TO 125 MPH, BY REGION, 2020–2030 ($MILLION)
TABLE 17.ELECTRIC VEHICLE MARKET FOR MORE THAN 125 MPH, BY REGION, 2020–2030 ($MILLION)
TABLE 18.ELECTRIC VEHICLE MARKET, BY VEHICLE DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 19.ELECTRIC VEHICLE MARKET FOR FRONT WHEEL DRIVE, BY REGION, 2020–2030 ($MILLION)
TABLE 20.ELECTRIC VEHICLE MARKET FOR REAR WHEEL DRIVE, BY REGION, 2020–2030 ($MILLION)
TABLE 21.ELECTRIC VEHICLE MARKET FOR ALL WHEEL DRIVE, BY REGION, 2020–2030 ($MILLION)
TABLE 22.NORTH AMERICA ELECTRIC VEHICLE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 23.NORTH AMERICA ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 24.NORTH AMERICA ELECTRIC VEHICLE MARKET, BY VEHICLE CLASS, 2020–2030 ($MILLION)
TABLE 25.NORTH AMERICA ELECTRIC VEHICLE MARKET, BY TOP SPEED, 2020–2030 ($MILLION)
TABLE 26.NORTH AMERICA ELECTRIC VEHICLE MARKET, BY VEHICLE DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 27.U.S. ELECTRIC VEHICLE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 28.U.S. ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 29.U.S. ELECTRIC VEHICLE MARKET, BY VEHICLE CLASS, 2020–2030 ($MILLION)
TABLE 30.U.S. ELECTRIC VEHICLE MARKET, BY TOP SPEED, 2020–2030 ($MILLION)
TABLE 31.U.S. ELECTRIC VEHICLE MARKET, BY VEHICLE DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 32.CANADA ELECTRIC VEHICLE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 33.CANADA ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 34.CANADA ELECTRIC VEHICLE MARKET, BY VEHICLE CLASS, 2020–2030 ($MILLION)
TABLE 35.CANADA ELECTRIC VEHICLE MARKET, BY TOP SPEED, 2020–2030 ($MILLION)
TABLE 36.CANADA ELECTRIC VEHICLE MARKET, BY VEHICLE DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 37.MEXICO ELECTRIC VEHICLE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 38.MEXICO ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 39.MEXICO VEHICLE MARKET, BY VEHICLE CLASS, 2020–2030 ($MILLION)
TABLE 40.MEXICO ELECTRIC VEHICLE MARKET, BY TOP SPEED, 2020–2030 ($MILLION)
TABLE 41.MEXICO ELECTRIC VEHICLE MARKET, BY VEHICLE DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 42.EUROPE ELECTRIC VEHICLE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 43.EUROPE ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 44.EUROPE ELECTRIC VEHICLE MARKET, BY VEHICLE CLASS, 2020–2030 ($MILLION)
TABLE 45.EUROPE ELECTRIC VEHICLE MARKET, BY TOP SPEED, 2020–2030 ($MILLION)
TABLE 46.EUROPE ELECTRIC VEHICLE MARKET, BY VEHICLE DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 47.UK ELECTRIC VEHICLE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 48.UK ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 49.UK ELECTRIC VEHICLE MARKET, BY VEHICLE CLASS, 2020–2030 ($MILLION)
TABLE 50.UK ELECTRIC VEHICLE MARKET, BY TOP SPEED, 2020–2030 ($MILLION)
TABLE 51.UK ELECTRIC VEHICLE MARKET, BY VEHICLE DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 52.GERMANY ELECTRIC VEHICLE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 53.GERMANY ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 54.GERMANY ELECTRIC VEHICLE MARKET, BY VEHICLE CLASS, 2020–2030 ($MILLION)
TABLE 55.GERMANY ELECTRIC VEHICLE MARKET, BY TOP SPEED, 2020–2030 ($MILLION)
TABLE 56.GERMANY ELECTRIC VEHICLE MARKET, BY VEHICLE DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 57.FRANCE ELECTRIC VEHICLE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 58.FRANCE ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 59.FRANCE VEHICLE MARKET, BY VEHICLE CLASS, 2020–2030 ($MILLION)
TABLE 60.FRANCE ELECTRIC VEHICLE MARKET, BY TOP SPEED, 2020–2030 ($MILLION)
TABLE 61.FRANCE ELECTRIC VEHICLE MARKET, BY VEHICLE DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 62.NETHERLANDS ELECTRIC VEHICLE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 63.NETHERLANDS ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 64.NETHERLANDS ELECTRIC VEHICLE MARKET, BY VEHICLE CLASS, 2020–2030 ($MILLION)
TABLE 65.NETHERLANDS ELECTRIC VEHICLE MARKET, BY TOP SPEED, 2020–2030 ($MILLION)
TABLE 66.NETHERLANDS ELECTRIC VEHICLE MARKET, BY VEHICLE DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 67.NORWAY ELECTRIC VEHICLE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 68.NORWAY ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 69.NORWAY ELECTRIC VEHICLE MARKET, BY VEHICLE CLASS, 2020–2030 ($MILLION)
TABLE 70.NORWAY ELECTRIC VEHICLE MARKET, BY TOP SPEED, 2020–2030 ($MILLION)
TABLE 71.NORWAY ELECTRIC VEHICLE MARKET, BY VEHICLE DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 72.REST OF EUROPE ELECTRIC VEHICLE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 73.REST OF EUROPE ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 74.REST OF EUROPE VEHICLE MARKET, BY VEHICLE CLASS, 2020–2030 ($MILLION)
TABLE 75.REST OF EUROPE ELECTRIC VEHICLE MARKET, BY TOP SPEED, 2020–2030 ($MILLION)
TABLE 76.REST OF EUROPE ELECTRIC VEHICLE MARKET, BY VEHICLE DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 77.ASIA-PACIFIC ELECTRIC VEHICLE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 78.ASIA-PACIFIC ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 79.ASIA-PACIFIC ELECTRIC VEHICLE MARKET, BY VEHICLE CLASS, 2020–2030 ($MILLION)
TABLE 80.ASIA-PACIFIC ELECTRIC VEHICLE MARKET, BY TOP SPEED, 2020–2030 ($MILLION)
TABLE 81.ASIA-PACIFIC ELECTRIC VEHICLE MARKET, BY VEHICLE DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 82.CHINA ELECTRIC VEHICLE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 83.CHINA ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 84.CHINA ELECTRIC VEHICLE MARKET, BY VEHICLE CLASS, 2020–2030 ($MILLION)
TABLE 85.CHINA ELECTRIC VEHICLE MARKET, BY TOP SPEED, 2020–2030 ($MILLION)
TABLE 86.CHINA ELECTRIC VEHICLE MARKET, BY VEHICLE DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 87.JAPAN ELECTRIC VEHICLE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 88.JAPAN ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 89.JAPAN ELECTRIC VEHICLE MARKET, BY VEHICLE CLASS, 2020–2030 ($MILLION)
TABLE 90.JAPAN ELECTRIC VEHICLE MARKET, BY TOP SPEED, 2020–2030 ($MILLION)
TABLE 91.JAPAN ELECTRIC VEHICLE MARKET, BY VEHICLE DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 92.INDIA ELECTRIC VEHICLE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 93.INDIA ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 94.INDIA VEHICLE MARKET, BY VEHICLE CLASS, 2020–2030 ($MILLION)
TABLE 95.INDIA ELECTRIC VEHICLE MARKET, BY TOP SPEED, 2020–2030 ($MILLION)
TABLE 96.INDIA ELECTRIC VEHICLE MARKET, BY VEHICLE DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 97.SINGAPORE ELECTRIC VEHICLE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 98.SINGAPORE ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 99.SINGAPORE ELECTRIC VEHICLE MARKET, BY VEHICLE CLASS, 2020–2030 ($MILLION)
TABLE 100.SINGAPORE ELECTRIC VEHICLE MARKET, BY TOP SPEED, 2020–2030 ($MILLION)
TABLE 101.SINGAPORE ELECTRIC VEHICLE MARKET, BY VEHICLE DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 102.SOUTH KOREA ELECTRIC VEHICLE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 103.SOUTH KOREA ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 104.SOUTH KOREA ELECTRIC VEHICLE MARKET, BY VEHICLE CLASS, 2020–2030 ($MILLION)
TABLE 105.SOUTH KOREA ELECTRIC VEHICLE MARKET, BY TOP SPEED, 2020–2030 ($MILLION)
TABLE 106.SOUTH KOREA ELECTRIC VEHICLE MARKET, BY VEHICLE DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 107.REST OF ASIA-PACIFIC ELECTRIC VEHICLE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 108.REST OF ASIA-PACIFIC ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 109.REST OF ASIA-PACIFIC VEHICLE MARKET, BY VEHICLE CLASS, 2020–2030 ($MILLION)
TABLE 110.REST OF ASIA-PACIFIC ELECTRIC VEHICLE MARKET, BY TOP SPEED, 2020–2030 ($MILLION)
TABLE 111.REST OF ASIA-PACIFIC ELECTRIC VEHICLE MARKET, BY VEHICLE DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 112.LAMEA ELECTRIC VEHICLE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 113.LAMEA ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 114.LAMEA ELECTRIC VEHICLE MARKET, BY VEHICLE CLASS, 2020–2030 ($MILLION)
TABLE 115.LAMEA ELECTRIC VEHICLE MARKET, BY TOP SPEED, 2020–2030 ($MILLION)
TABLE 116.LAMEA ELECTRIC VEHICLE MARKET, BY VEHICLE DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 117.LATIN AMERICA ELECTRIC VEHICLE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 118.LATIN AMERICA ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 119.LATIN AMERICA ELECTRIC VEHICLE MARKET, BY VEHICLE CLASS, 2020–2030 ($MILLION)
TABLE 120.LATIN AMERICA ELECTRIC VEHICLE MARKET, BY TOP SPEED, 2020–2030 ($MILLION)
TABLE 121.LATIN AMERICA ELECTRIC VEHICLE MARKET, BY VEHICLE DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 122.MIDDLE EAST ELECTRIC VEHICLE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 123.MIDDLE EAST ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 124.MIDDLE EAST ELECTRIC VEHICLE MARKET, BY VEHICLE CLASS, 2020–2030 ($MILLION)
TABLE 125.MIDDLE EAST ELECTRIC VEHICLE MARKET, BY TOP SPEED, 2020–2030 ($MILLION)
TABLE 126.MIDDLE EAST ELECTRIC VEHICLE MARKET, BY VEHICLE DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 127.AFRICA ELECTRIC VEHICLE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 128.AFRICA ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 129.AFRICA VEHICLE MARKET, BY VEHICLE CLASS, 2020–2030 ($MILLION)
TABLE 130.AFRICA ELECTRIC VEHICLE MARKET, BY TOP SPEED, 2020–2030 ($MILLION)
TABLE 131.AFRICA ELECTRIC VEHICLE MARKET, BY VEHICLE DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 132.AMPERE VEHICLES: KEY EXECUTIVES
TABLE 133.AMPERE VEHICLES: COMPANY SNAPSHOT
TABLE 134.AMPERE VEHICLES: PRODUCT PORTFOLIO
TABLE 135.BENLING INDIA ENERGY AND TECHNOLOGY PVT LTD: COMPANY SNAPSHOT
TABLE 136.BENLING INDIA ENERGY AND TECHNOLOGY PVT LTD: PRODUCT PORTFOLIO
TABLE 137.BMW AG: KEY EXECUTIVES
TABLE 138.BMW AG: COMPANY SNAPSHOT
TABLE 139.BMW AG: OPERATING SEGMENTS
TABLE 140.BMW AG: PRODUCT PORTFOLIO
TABLE 141.BMW AG: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 142.BMW AG: NET SALES, 2018–2020 ($MILLION)
TABLE 143.BYD COMPANY LIMITED: KEY EXECUTIVES
TABLE 144.BYD COMPANY LIMITED: COMPANY SNAPSHOT
TABLE 145.BYD COMPANY LIMITED: OPERATING SEGMENTS
TABLE 146.BYD COMPANY LIMITED: PRODUCT PORTFOLIO
TABLE 147.BYD COMPANY LIMITED: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 148.BYD COMPANY LIMITED: NET SALES, 2018–2020 ($MILLION)
TABLE 149.CHEVROLET MOTOR COMPANY: KEY EXECUTIVES
TABLE 150.CHEVROLET MOTOR COMPANY: COMPANY SNAPSHOT
TABLE 151.CHEVROLET MOTOR COMPANY: PRODUCT PORTFOLIO
TABLE 152.DAIMLER AG: KEY EXECUTIVES
TABLE 153.DAIMLER AG: COMPANY SNAPSHOT
TABLE 154.DAIMLER AG: OPERATING SEGMENTS
TABLE 155.DAIMLER AG: PRODUCT PORTFOLIO
TABLE 156.DAIMLER AG: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 157.DAIMLER AG: NET SALES, 2018–2020 ($MILLION)
TABLE 158.ENERGICA MOTOR COMPANY S.P.A.: KEY EXECUTIVES
TABLE 159.ENERGICA MOTOR COMPANY S.P.A.: COMPANY SNAPSHOT
TABLE 160.ENERGICA MOTOR COMPANY S.P.A.: PRODUCT PORTFOLIO
TABLE 161.ENERGICA MOTOR COMPANY S.P.A.: NET SALES, 2018–2020 ($MILLION)
TABLE 162.FORD MOTOR COMPANY: KEY EXECUTIVES
TABLE 163.FORD MOTOR COMPANY: COMPANY SNAPSHOT
TABLE 164.FORD MOTOR COMPANY: OPERATING SEGMENTS
TABLE 165.FORD MOTOR COMPANY: PRODUCT PORTFOLIO
TABLE 166.FORD MOTOR COMPANY: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 167.FORD MOTOR COMPANY: NET SALES, 2018–2020 ($MILLION)
TABLE 168.GENERAL MOTORS: KEY EXECUTIVES
TABLE 169.GENERAL MOTORS: COMPANY SNAPSHOT
TABLE 170.GENERAL MOTORS: OPERATING SEGMENTS
TABLE 171.GENERAL MOTORS: PRODUCT PORTFOLIO
TABLE 172.GENERAL MOTORS: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 173.GENERAL MOTORS: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 174.GENERAL MOTORS: NET SALES, 2018–2020 ($MILLION)
TABLE 175.HERO ELECTRIC: KEY EXECUTIVES
TABLE 176.HERO ELECTRIC: COMPANY SNAPSHOT
TABLE 177.HERO ELECTRIC: PRODUCT PORTFOLIO
TABLE 178.HYUNDAI MOTOR COMPANY: KEY EXECUTIVES
TABLE 179.HYUNDAI MOTOR COMPANY: COMPANY SNAPSHOT
TABLE 180.HYUNDAI MOTOR COMPANY: OPERATING SEGMENTS
TABLE 181.HYUNDAI MOTOR COMPANY: PRODUCT PORTFOLIO
TABLE 182.HYUNDAI MOTOR COMPANY: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 183.HYUNDAI MOTOR COMPANY: NET SALES, 2018–2020 ($MILLION)
TABLE 184.KARMA AUTOMOTIVE: KEY EXECUTIVES
TABLE 185.KARMA AUTOMOTIVE: COMPANY SNAPSHOT
TABLE 186.KARMA AUTOMOTIVE: PRODUCT PORTFOLIO
TABLE 187.KIA CORPORATION: KEY EXECUTIVES
TABLE 188.KIA CORPORATION: COMPANY SNAPSHOT
TABLE 189.KIA CORPORATION: OPERATING SEGMENTS
TABLE 190.KIA CORPORATION: PRODUCT PORTFOLIO
TABLE 191.KIA CORPORATION: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 192.KIA CORPORATION: NET SALES, 2018–2020 ($MILLION)
TABLE 193.LUCID GROUP, INC.: KEY EXECUTIVES
TABLE 194.LUCID GROUP, INC.: COMPANY SNAPSHOT
TABLE 195.LUCID GROUP, INC.: PRODUCT PORTFOLIO
TABLE 196.MAHINDRA ELECTRIC MOBILITY LIMITED: KEY EXECUTIVES
TABLE 197.MAHINDRA ELECTRIC MOBILITY LIMITED: COMPANY SNAPSHOT
TABLE 198.MAHINDRA ELECTRIC MOBILITY LIMITED: PRODUCT PORTFOLIO
TABLE 199.NIO: KEY EXECUTIVES
TABLE 200.NIO: COMPANY SNAPSHOT
TABLE 201.NIO: OPERATING SEGMENTS
TABLE 202.NIO: PRODUCT PORTFOLIO
TABLE 203.NIO: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 204.NIO: NET SALES, 2018–2020 ($MILLION)
TABLE 205.NISSAN MOTORS CO., LTD.: KEY EXECUTIVE
TABLE 206.NISSAN MOTORS CO., LTD.: COMPANY SNAPSHOT
TABLE 207.NISSAN MOTORS CO., LTD.: OPERATING SEGMENTS
TABLE 208.NISSAN MOTORS CO., LTD.: PRODUCT PORTFOLIO
TABLE 209.NISSAN MOTORS CO., LTD.: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 210.NISSAN MOTORS CO., LTD.: NET SALES, 2018–2020 ($MILLION)
TABLE 211.OKINAWA AUTOTECH PVT. LTD.: KEY EXECUTIVES
TABLE 212.OKINAWA AUTOTECH PVT. LTD.: COMPANY SNAPSHOT
TABLE 213.OKINAWA AUTOTECH PVT. LTD.: PRODUCT PORTFOLIO
TABLE 214.RIVIAN: KEY EXECUTIVES
TABLE 215.RIVIAN: COMPANY SNAPSHOT
TABLE 216.RIVIAN: PRODUCT PORTFOLIO
TABLE 217.TATA MOTORS: KEY EXECUTIVES
TABLE 218.TATA MOTORS: COMPANY SNAPSHOT
TABLE 219.TATA MOTORS: PRODUCT PORTFOLIO
TABLE 220.TATA MOTORS.: OPERATING SEGMENTS
TABLE 221.TATA MOTORS.: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 222.TATA MOTORS.: NET SALES, 2018–2020 ($MILLION)
TABLE 223.TESLA, INC.: KEY EXECUTIVES
TABLE 224.TESLA, INC.: COMPANY SNAPSHOT
TABLE 225.TESLA, INC.: OPERATING SEGMENTS
TABLE 226.TESLA, INC.: PRODUCT PORTFOLIO
TABLE 227.TESLA, INC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 228.TESLA, INC.: NET SALES, 2018–2020 ($MILLION)
TABLE 229.TOYOTA MOTOR CORPORATION: KEY EXECUTIVES
TABLE 230.TOYOTA MOTOR CORPORATION: COMPANY SNAPSHOT
TABLE 231.TOYOTA MOTOR CORPORATION: OPERATING SEGMENTS
TABLE 232.TOYOTA MOTOR CORPORATION: PRODUCT PORTFOLIO
TABLE 233.TOYOTA MOTOR CORPORATION: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 234.TOYOTA MOTOR CORPORATION: NET SALES, 2018–2020 ($MILLION)
TABLE 235.VOLKSWAGEN AG: KEY EXECUTIVES
TABLE 236.VOLKSWAGEN AG: COMPANY SNAPSHOT
TABLE 237.VOLKSWAGEN AG: OPERATING SEGMENTS
TABLE 238.VOLKSWAGEN AG: PRODUCT PORTFOLIO
TABLE 239.VOLKSWAGEN AG: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 240.VOLKSWAGEN AG: NET SALES, 2018–2020 ($MILLION)
TABLE 241.WM MOTOR: KEY EXECUTIVES
TABLE 242.WM MOTOR: COMPANY SNAPSHOT
TABLE 243.WM MOTOR: PRODUCT PORTFOLIO
TABLE 244.XIAOPENG MOTORS: KEY EXECUTIVES
TABLE 245.XIAOPENG MOTORS: COMPANY SNAPSHOT
TABLE 246.XIAOPENG MOTORS: OPERATING SEGMENTS
TABLE 247.XIAOPENG MOTORS: PRODUCT PORTFOLIO
TABLE 248.XIAOPENG MOTORS: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 249.XIAOPENG MOTORS: NET SALES, 2018–2020 ($MILLION)
LIST OF FIGURES
FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY, BY SEGMENT
FIGURE 03.EXECUTIVE SUMMARY, BY REGION AND BY COUNTRY
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.TOP WINNING STRATEGIES, BY YEAR, 2018-2021*
FIGURE 07.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018-2021*
FIGURE 08.TOP WINNING STRATEGIES, BY COMPANY, 2018-2021*
FIGURE 09.MARKET SHARE ANALYSIS, 2020 (%)
FIGURE 10.MARKET EVOLUTION/INDUSTRY ROADMAP
FIGURE 11.ELECTRIC VEHICLE INDUSTRY VALUE CHAIN
FIGURE 12.ELECTRIC VEHICLE MARKET, BY TYPE, 2020–2030 (%)
FIGURE 13.COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE MARKET FOR BEV, BY COUNTRY, 2020 & 2030(%)
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE MARKET FOR PHEV, BY COUNTRY, 2020 & 2030(%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE MARKET FOR FCEV, BY COUNTRY, 2020 & 2030(%)
FIGURE 16.ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2020–2030 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE MARKET FOR TWO-WHEELER, BY COUNTRY, 2020 & 2030(%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE MARKET FOR PASSENGER CARS, BY COUNTRY, 2020 & 2030(%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE MARKET FOR COMMERCIAL VEHICLES, BY COUNTRY, 2020 & 2030(%)
FIGURE 20.ELECTRIC VEHICLE MARKET, BY VEHICLE CLASS, 2020–2030 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE MARKET FOR MID-PRICED, BY COUNTRY, 2020 & 2030(%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE MARKET FOR LUXURY, BY COUNTRY, 2020 & 2030(%)
FIGURE 23.ELECTRIC VEHICLE MARKET, BY TOP SPEED, 2020–2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE MARKET FOR LESS THAN 100 MPH, BY COUNTRY, 2020 & 2030(%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE MARKET FOR 100 TO 125 MPH, BY COUNTRY, 2020 & 2030(%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE MARKET FOR MORE THAN 125 MPH, BY COUNTRY, 2020 & 2030(%)
FIGURE 27.ELECTRIC VEHICLE MARKET, BY VEHICLE DRIVETYPE, 2020–2030 (%)
FIGURE 28.COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE MARKET FOR FRONT WHEEL DRIVE, BY COUNTRY, 2020 & 2030(%)
FIGURE 29.COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE MARKET FOR REAR WHEEL DRIVE, BY COUNTRY, 2020 & 2030(%)
FIGURE 30.COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE MARKET FOR ALL WHEEL DRIVE, BY COUNTRY, 2020 & 2030(%)
FIGURE 31.ELECTRIC VEHICLE MARKET, BY REGION, 2020-2030 (%)
FIGURE 32.COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 33.U.S. ELECTRIC VEHICLE MARKET, 2020–2030 ($MILLION)
FIGURE 34.CANADA ELECTRIC VEHICLE MARKET, 2020–2030 ($MILLION)
FIGURE 35.MEXICO ELECTRIC VEHICLE MARKET, 2020–2030 ($MILLION)
FIGURE 36.COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 37.UK ELECTRIC VEHICLE MARKET, 2020–2030 ($MILLION)
FIGURE 38.GERMANY ELECTRIC VEHICLE MARKET, 2020–2030 ($MILLION)
FIGURE 39.FRANCE ELECTRIC VEHICLE MARKET, 2020–2030 ($MILLION)
FIGURE 40.NETHERLANDS ELECTRIC VEHICLE MARKET, 2020–2030 ($MILLION)
FIGURE 41.NORWAY ELECTRIC VEHICLE MARKET, 2020–2030 ($MILLION)
FIGURE 42.REST OF EUROPE ELECTRIC VEHICLE MARKET, 2020–2030 ($MILLION)
FIGURE 43.COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 44.CHINA ELECTRIC VEHICLE MARKET, 2020–2030 ($MILLION)
FIGURE 45.JAPAN ELECTRIC VEHICLE MARKET, 2020–2030 ($MILLION)
FIGURE 46.INDIA ELECTRIC VEHICLE MARKET, 2020–2030 ($MILLION)
FIGURE 47.SINGAPORE ELECTRIC VEHICLE MARKET, 2020–2030 ($MILLION)
FIGURE 48.SOUTH KOREA ELECTRIC VEHICLE MARKET, 2020–2030 ($MILLION)
FIGURE 49.REST OF ASIA-PACIFIC ELECTRIC VEHICLE MARKET, 2020–2030 ($MILLION)
FIGURE 50.COMPARATIVE SHARE ANALYSIS OF ELECTRIC VEHICLE MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 51.LATIN AMERICA ELECTRIC VEHICLE MARKET, 2020–2030 ($MILLION)
FIGURE 52.MIDDLE EAST ELECTRIC VEHICLE MARKET, 2020–2030 ($MILLION)
FIGURE 53.AFRICA ELECTRIC VEHICLE MARKET, 2020–2030 ($MILLION)
FIGURE 54.BMW AG: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 55.BMW AG: NET SALES, 2018–2020 ($MILLION)
FIGURE 56.BMW AG: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 57.BMW AG: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 58.BYD COMPANY LIMITED: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 59.BYD COMPANY LIMITED: NET SALES, 2018–2020 ($MILLION)
FIGURE 60.BYD COMPANY LIMITED: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 61.BYD COMPANY LIMITED: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 62.DAIMLER AG: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 63.DAIMLER AG: NET SALES, 2018–2020 ($MILLION)
FIGURE 64.DAIMLER AG: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 65.DAIMLER AG: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 66.ENERGICA MOTOR COMPANY S.P.A.: NET SALES, 2018–2020 ($MILLION)
FIGURE 67.ENERGICA MOTOR COMPANY S.P.A.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 68.FORD MOTOR COMPANY: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 69.FORD MOTOR COMPANY: NET SALES, 2018–2020 ($MILLION)
FIGURE 70.FORD MOTOR COMPANY: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 71.FORD MOTOR COMPANY: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 72.GENERAL MOTORS: NET SALES, 2018–2020 ($MILLION)
FIGURE 73.GENERAL MOTORS: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 74.GENERAL MOTORS: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 75.HYUNDAI MOTOR COMPANY: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 76.HYUNDAI MOTOR COMPANY: NET SALES, 2018–2020 ($MILLION)
FIGURE 77.HYUNDAI MOTOR COMPANY: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 78.HYUNDAI MOTOR COMPANY: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 79.KIA CORPORATION: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 80.KIA CORPORATION: NET SALES, 2018–2020 ($MILLION)
FIGURE 81.KIA CORPORATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 82.KIA CORPORATION: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 83.NIO: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 84.NIO: NET SALES, 2018–2020 ($MILLION)
FIGURE 85.NIO: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 86.NISSAN MOTORS CO., LTD.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 87.NISSAN MOTORS CO., LTD.: NET SALES, 2018–2020 ($MILLION)
FIGURE 88.NISSAN MOTORS CO., LTD.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 89.NISSAN MOTORS CO., LTD.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 90.TATA MOTORS.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 91.TATA MOTORS.: NET SALES, 2018–2020 ($MILLION)
FIGURE 92.TATA MOTORS.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 93.TATA MOTORS.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 94.TESLA, INC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 95.TESLA, INC.: NET SALES, 2018–2020 ($MILLION)
FIGURE 96.TESLA, INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 97.TESLA, INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 98.TOYOTA MOTOR CORPORATION: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 99.TOYOTA MOTOR CORPORATION: NET SALES, 2018–2020 ($MILLION)
FIGURE 100.TOYOTA MOTOR CORPORATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 101.TOYOTA MOTOR CORPORATION: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 102.VOLKSWAGEN AG: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 103.VOLKSWAGEN AG: NET SALES, 2018–2020 ($MILLION)
FIGURE 104.VOLKSWAGEN AG: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 105.VOLKSWAGEN AG: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 106.XIAOPENG MOTORS: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 107.XIAOPENG MOTORS: NET SALES, 2018–2020 ($MILLION)
FIGURE 108.XIAOPENG MOTORS: REVENUE SHARE BY SEGMENT, 2020 (%)
Electric vehicles are promising technologies with respect to reduction of global vehicular emission. Moreover, growth in demand for fuel-efficient vehicles is a key driver of the market across various countries, owing to the focus of companies on manufacturing fuel-efficient and low-cost electric vehicles. In addition, electric vehicles are currently augmented with other electronic systems, such as self-driving assist, telematics control, and tire pressure monitoring system to provide more vigilance and comfort, which augments the market growth. The market in developed countries, such as the U.S., Canada, Mexico, and Germany is projected to report a slower growth rate as compared to the developing regions, such as India, South Africa, and the Middle East, owing to rapid industrialization and high sales of vehicles in the developed region.
Automobile companies focus on the production of advanced and low-maintenance electric vehicles, which have low particulate emission. For instance, Ford Motor Company is expected to launch an electric variant of the iconic Ford Mustang, by 2018, which will not suffer any loss in mileage and overall power. In addition, companies in India aim to produce downsize engines, which cater to the Bharat Stage VI emission norms, as they discharge less pollutants compared to larger engines.
Usage of electric vehicles has increased in a wide range of cars, which include compact hatchbacks to SUVs and even two wheelers. The presence of fuel guzzlers in countries such as Germany, the UK, and France, where Europe has marked the presence of electric vehicle in the automotive industry by producing efficient vehicles. This further enhances the growth of the electric vehicle industry
Among the analyzed regions, Asia-Pacific is the highest revenue contributor followed by Europe, North America, and LAMEA. Based on the forecast, Europe is expected to maintain the lead during the forecast period owing to an increased CAGR as compared to other regions.
A. The electric vehicle market has witnessed rapid evolution with ongoing developments in the automotive sector. Favorable government policies & support in terms of subsidies & grants, tax rebates, and other non-financial benefits in the form of carpool lane access is one of the primary factors driving the growth of the market
A. Based on type of electric vehicles, in 2020, the plug-in hybrid electric vehicle holds approximately 20% to 25% of the market share for electric vehicle market.
A. The sample for electric vehicle market report can be obtained on demand from the website. Also, the 24*7 chat support and direct call services are provided to procure the sample report
A. The value chain for electric vehicle market includes Original equipment manufacturers (OEMs), Tier 1 manufacturers, Tier 2 manufacturers and Tier 3 manufacturers. All the producers manufacturing component for electric vehicles, the tier 1 players, and OEM would be the direct customers. Whereas, in case of independent aftermarket the retailers and distributers would be the direct customers whereas, the consumer would be the secondary customers
A. The leading players in electric vehcile market includes Tesla Inc., Toyota Motor Corporation, Volkswagen, and BMW AG. These players adopted different strategies so as to hold major market share in the electric vehicle market
A. The company profiles of the top market players of electric vehicle industry can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the electric vehicle industry as well as their last three-year revenue, segmental revenue, product offerings, key strategies adopted, and geographical revenue generated. The company profiles of the top market players of electric vehicle industry can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the electric vehicle industry as well as their last three-year revenue, segmental revenue, product offerings, key strategies adopted, and geographical revenue generated
A. Based on the electric vehicle market analysis, Asia-Pacific accounts to be highest revenue contributor in 2020 and provides more business opportunities during the forecast period whereas Europe is expected to see a lucrative growth during the forecast period which is also expected to provide more business opportunities for electric vehicle in near future
A. The service providers in the global electric vehicle industry are the different vehicle manufacturers who are developing better and advanced electric vehicles which are equipped with better and efficient system thus propelling the growth of the global market
A. The new competitive developments in electric vehicle market includes numerous developments carried out by global electric vehicle manufacturers such as Tesla, BYD Company, Daimler AG and others.
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