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2021
Europe Electric Vehicle Market

Europe Electric Vehicle Market by Type (Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), Plug-in Hybrid Electric Vehicle (PHEV), Mild Hybrid Electric Vehicle (MHEV), and Extended Range Electric Vehicle (E-REV)), and Vehicle Type (Passenger Cars and Commercial Vehicles): Opportunity Analysis and Industry Forecast, 2020–2027

A09376
Pages: 130
Jan 2021 | 2961 Views
   
Author(s) : Akshay Jadhav , Sonia Mutreja
Tables: 85
Charts: 62
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Europe Electric Vehicle Market Statistics 2020-2027:

The Europe electric vehicle market was valued at $25,489.81 million in 2019, and is projected to reach $143,084.57 million by 2027, registering a CAGR of 25.4% from 2020 to 2027. 

With the advent in COVID-19 pandemic across the globe, the Europe electric vehicle market has been affected as the electric vehicle manufacturing units have been shut down due to the imposed lockdown in major countries across the Europe. In addition, the unavailability of skilled labor has further affected the market growth.

An electric vehicle operates on electricity unlike its counterpart, which runs on fuel (internal combustion engine powered vehicles). Instead of internal combustion engine, these vehicles run on an electric motor that requires constant supply of energy from batteries to operate. A variety of batteries, such as lithium-ion, molten salt, zinc-air, and various nickel-based designs, is used in these vehicles. An 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 the conventional vehicle providing higher fuel economy, low carbon emission & maintenance, convenience of charging at home, smoother drive, and reduced sound from engine. Majorly, there are three types of electric vehicles—battery, hybrid, and plug-in hybrid electric vehicles. In addition, electric vehicles require no engine oil changes but are slightly expensive than their gasoline equivalents. 

Europe-Electric-Vehicle-Market-2020-2027

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COVID Impact Analysis: With the advent in COVID-19 pandemic across the globe, the Europe electric vehicle market has been affected as the electric vehicle manufacturing units have been shut down due to the imposed lockdown in major countries across the Europe. In addition, the unavailability of skilled labor has further affected the market growth. 

Factors, such as increase in demand for fuel-efficient, high-performance, & low-emission vehicles and stringent government rules & regulations toward vehicle emission, supplement the growth of the electric vehicle market in Europe. However, high manufacturing cost and insufficient electric vehicles charging infrastructure in Europe are the factors that are expected to hamper the growth of the electric vehicle market. Moreover, technological advancements and proactive government initiatives supplement the growth of the Europe electric vehicle market during the forecast period.

The Europe electric vehicle market is segmented on the basis of type, vehicle type, and country. By type, it is divided into battery electric vehicle (BEV), hybrid electric vehicle (HEV), plug-in hybrid electric vehicle (PHEV), mild hybrid electric vehicle (MHEV), and extended range electric vehicle (E-REV). By vehicle type, it is classified into passenger car and commercial vehicle. By country, the market is analyzed across Germany, France, the UK, The Netherlands, Spain, Portugal, Italy, Belgium, and the rest of Europe. 

Based on country, the market is studied across Germany, France, UK, Netherlands, Spain, Portugal, Italy, Belgium, and Rest of Europe.

The major companies profiled in the Europe electric vehicle market include Renault, Tesla, Mitsubishi, Nissan, BMW, Hyundai, Volvo, Volkswagen, Peugeot, and Audi.

Europe Electric Vehicle Market
By type

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HEV segment is projected as the most lucrative segments

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Increase in demand for fuel-efficient, high-performance, and low-emission vehicles

Presently, most vehicles run on fossil fuels such as petrol and diesel. The reserves of crude oil are anticipated to become dry over the years; hence, there is increased demand to search for a viable, economical, and clean source to power the automobile. Electric vehicles are the solution for a carbon-neutral, high performance, economic, and practical transportation system. 

European countries have very well accepted electric vehicles. According to the Guardian, in 2020, car manufacturers sold more than 500,000 electric cars in Europe. The sales of electric vehicles have increased progressively since 2010, with a yearly growth of around 50% over the past 5 years. As per the statistics published in the European Electric Vehicle Fact book 2019/2020, electric vehicles represented 3.6% of new passenger car registrations in 2019, a growth of 2.5% as compared with 2018. Electric vehicles have witnessed a growing trend of acceptance in Europe as charging infrastructure is being improved, the production cost falls, and governments take efforts to bring down the carbon emission generated by the transportation sector. According to the International Council on Clean Transportation report, Europe is now the second-largest electric vehicle market in the world by volume, behind China and ahead of the U.S. This tremendous growth in demand for electric vehicles in Europe is expected to drive the growth of the Europe electric vehicle market over the forecast timeframe.

Europe Electric Vehicle Market
By Vehicle Type

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Commercial Vehicles segment is projected as the most lucrative segments

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Stringent government rules & regulations toward vehicle emission

The European Union has imposed strict rules and regulations over the years for carbon emissions generated by automobile. These regulations forced the manufacturers in Europe to come up with low-emission vehicles and ultimately led to the large-scale adoption of electric vehicles in Europe. 

The regulation 443/2009 fixed the compulsory reduction of carbon emission targets for new cars. The very first target was fully realized from 2015 onwards. Following an upward trend from 2012 onwards, a goal of 130 grams of CO2 per kilometer was set for the EU fleet-wide standard emanation of new passenger cars between 2015 and 2019. The maximum permitted emissions released from the new cars registered in 2019 in Norway, Iceland, and EU28were 122.4 grams CO2/km. From 2021, the EU fleet-wide average emission goal for new cars is set to be just 95 grams CO2/km. In any case, if the CO2 emissions of a company's products surpass its maximum emission’s goal in a given year, the company has to pay a surplus emissions charge for every car registered. Since 2019, the fine is around $106.7 for each gram/km of passing the set target. Therefore, strict implementation of stringent government rules and regulations to limit carbon emissions of an automotive is anticipated to drive the growth of electric vehicles in Europe over the forecast period

Europe Electric Vehicle Market
By region

2027
Rest Of Europe 
Germany
France
Uk
Netherlands
Spain
Portugal
Italy
Belgium

LAMEA by region segment is projected as the most lucrative segments

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Key Benefits For Stakeholders

  • This study presents analytical depiction of the Europe electric vehicle market analysis along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall market potential is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities of the market with a detailed impact analysis.
  • The current Europe electric vehicle market size is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the Europe electric vehicle industry.

Key Market Segments

By Type

  • Battery Electric Vehicle (BEV)
  • Hybrid Electric Vehicle (HEV)
  • Plug-in Hybrid Electric Vehicle (PHEV)
  • Mild Hybrid Electric Vehicle (MHEV)
  • Extended Range Electric Vehicle (E-REV)

By Vehicle Type

  • Passenger Car
  • Commercial Vehicle)

By Country

  • Europe
    • Germany
    • France
    • UK
    • Netherlands
    • Spain
    • Portugal
    • Italy
    • Belgium
    • Rest of Europe

Key Players Profiled In The Report

  • Renault
  • Tesla,
  • Mitsubishi
  • Nissan
  • BMW
  • Hyundai
  • Volvo
  • Volkswagen
  • Peugeot
  • Audi.
 

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

3.3.Porter’s five forces analysis
3.4.Market share analysis, 2019 (%)
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 & regulations toward vehicle emission

3.5.2.Restraints

3.5.2.1.High manufacturing cost
3.5.2.2.Insufficient electric vehicle charging infrastructure in Europe

3.5.3.Opportunities

3.5.3.1.Proactive government initiatives
3.5.3.2.Technological advancements

3.6.Impact of COVID-19 on the market

3.6.1.Evolution of outbreak

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 Europe electric vehicle industry analysis
3.6.5.Regulatory framework for solving market challenges faced by players
3.6.6.Key player strategies to tackle negative impact in the industry
3.6.7.Opportunity analysis for players

CHAPTER 4:EUROPE ELECTRIC VEHICLE MARKET, BY TYPE

4.1.Overview
4.2.Battery electric vehicle (BEV)

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by country
4.2.3.Market volume and forecast, by country

4.3.Hybrid electric vehicle (HEV)

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by country
4.3.3.Market volume and forecast, by country

4.4.Plug-in hybrid electric vehicle (PHEV)

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by country
4.4.3.Market volume and forecast, by country

4.5.Mild hybrid electric vehicle (MHEV)

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by country
4.5.3.Market volume and forecast, by country

4.6.Extended range electric vehicle (E-REV)

4.6.1.Key market trends, growth factors, and opportunities
4.6.2.Market size and forecast, by country
4.6.3.Market volume and forecast, by country

CHAPTER 5:ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE

5.1.Overview
5.2.Passenger car

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by country
5.2.3.Market volume and forecast, by country

5.3.Commercial vehicle

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by country
5.3.3.Market volume and forecast, by country

CHAPTER 6:ELECTRIC VEHICLE MARKET, BY COUNTRY

6.1.Overview

6.1.1.UK

6.1.1.1.Market size and forecast, by type
6.1.1.2.Market volume and forecast, by type
6.1.1.3.Market size and forecast, by vehicle type
6.1.1.4.Market volume and forecast, by vehicle type

6.1.2.Germany

6.1.2.1.Market size and forecast, by type
6.1.2.2.Market volume and forecast, by type
6.1.2.3.Market size and forecast, by vehicle type
6.1.2.4.Market volume and forecast, by vehicle type

6.1.3.France

6.1.3.1.Market size and forecast, by type
6.1.3.2.Market volume and forecast, by type
6.1.3.3.Market size and forecast, by vehicle type
6.1.3.4.Market volume and forecast, by vehicle type

6.1.4.Italy

6.1.4.1.Market size and forecast, by type
6.1.4.2.Market volume and forecast, by type
6.1.4.3.Market size and forecast, by vehicle type
6.1.4.4.Market volume and forecast, by vehicle type

6.1.5.Netherlands

6.1.5.1.Market size and forecast, by type
6.1.5.2.Market volume and forecast, by type
6.1.5.3.Market size and forecast, by vehicle type
6.1.5.4.Market volume and forecast, by vehicle type

6.1.6.Spain

6.1.6.1.Market size and forecast, by type
6.1.6.2.Market volume and forecast, by type
6.1.6.3.Market size and forecast, by vehicle type
6.1.6.4.Market volume and forecast, by vehicle type

6.1.7.Portugal

6.1.7.1.Market size and forecast, by type
6.1.7.2.Market volume and forecast, by type
6.1.7.3.Market size and forecast, by vehicle type
6.1.7.4.Market volume and forecast, by vehicle type

6.1.8.Belgium

6.1.8.1.Market size and forecast, by type
6.1.8.2.Market volume and forecast, by type
6.1.8.3.Market size and forecast, by vehicle type
6.1.8.4.Market volume and forecast, by vehicle type

6.1.9.Rest of Europe

6.1.9.1.Market size and forecast, by type
6.1.9.2.Market volume and forecast, by type
6.1.9.3.Market size and forecast, by vehicle type
6.1.9.4.Market volume and forecast, by vehicle type

CHAPTER 7:COMPANY PROFILES

7.1.Audi

7.1.1.Company overview
7.1.2.Company snapshot
7.1.3.Operating business segments
7.1.4.Product portfolio
7.1.5.Business performance
7.1.6.Key strategic moves and developments

7.2.BMW

7.2.1.Company overview
7.2.2.Company snapshot
7.2.3.Operating business segments
7.2.4.Product portfolio
7.2.5.Business performance
7.2.6.Key strategic moves and developments

7.3.Hyundai

7.3.1.Company overview
7.3.2.Company snapshot
7.3.3.Operating business segments
7.3.4.Product portfolio
7.3.5.Business performance
7.3.6.Key strategic moves and developments

7.4.Mitsubishi

7.4.1.Company overview
7.4.2.Company snapshot
7.4.3.Product portfolio
7.4.4.Business performance
7.4.5.Key strategic moves and developments

7.5.Nissan

7.5.1.Company overview
7.5.2.Company snapshot
7.5.3.Operating business segments
7.5.4.Product portfolio
7.5.5.Business performance
7.5.6.Key strategic moves and developments

7.6.Peugeot

7.6.1.Company overview
7.6.2.Company snapshot
7.6.3.Operating business segments
7.6.4.Product portfolio
7.6.5.Business performance
7.6.6.Key strategic moves and developments

7.7.Renault

7.7.1.Company overview
7.7.2.Company snapshot
7.7.3.Operating business segments
7.7.4.Product portfolio
7.7.5.Business performance
7.7.6.Key strategic moves and developments

7.8.TESLA, INC.

7.8.1.Company overview
7.8.2.Company snapshot
7.8.3.Operating business segments
7.8.4.Product portfolio
7.8.5.Business performance
7.8.6.Key strategic moves and developments

7.9.Volvo

7.9.1.Company overview
7.9.2.Company snapshot
7.9.3.Operating business segments
7.9.4.Product portfolio
7.9.5.Business performance
7.9.6.Key strategic moves and developments

7.10.VOLKSWAGEN AG

7.10.1.Company overview
7.10.2.Company snapshot
7.10.3.Operating business segments
7.10.4.Product portfolio
7.10.5.Business performance
7.10.6.Key strategic moves and developments

LIST OF TABLES

TABLE 01.EUROPE ELECTRIC VEHICLE MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 02.EUROPE ELECTRIC VEHICLE MARKET VOLUME, BY TYPE, 2019-2027 (UNITS)
TABLE 03.BATTERY ELECTRIC VEHICLE (BEV) MARKET REVENUE , BY COUNTRY 2019–2027 ($MILLION)
TABLE 04.BATTERY ELECTRIC VEHICLE (BEV) MARKET VOLUME , BY COUNTRY 2019–2027 (UNITS)
TABLE 05.HYBRID ELECTRIC VEHICLE (HEV) MARKET REVENUE, BY COUNTRY 2019–2027 ($MILLION)
TABLE 06.HYBRID ELECTRIC VEHICLE (HEV) MARKET VOLUME, BY COUNTRY 2019–2027 (UNITS)
TABLE 07.PLUG-IN HYBRID ELECTRIC VEHICLE (PHEV) MARKET REVENUE, BY COUNTRY 2019–2027 ($MILLION)
TABLE 08.PLUG-IN HYBRID ELECTRIC VEHICLE (PHEV) MARKET VOLUME, BY COUNTRY 2019–2027 (UNITS)
TABLE 09.MILD HYBRID ELECTRIC VEHICLES (MHEV) MARKET REVENUE, BY COUNTRY 2019–2027 ($MILLION)
TABLE 10.MILD HYBRID ELECTRIC VEHICLES (MHEV) MARKET VOLUME, BY COUNTRY 2019–2027 (UNITS)
TABLE 11.EXTENDED-RANGE ELECTRIC VEHICLE (E-REV) MARKET REVENUE, BY COUNTRY 2019–2027 ($MILLION)
TABLE 12.EXTENDED-RANGE ELECTRIC VEHICLE (E-REV) MARKET VOLUME, BY COUNTRY 2019–2027 (UNITS)
TABLE 13.EUROPE ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2019-2027 ($MILLION)
TABLE 14.EUROPE ELECTRIC VEHICLE MARKET VOLUME, BY VEHICLE TYPE, 2019-2027 (UNITS)
TABLE 15.ELECTRIC VEHICLE MARKET REVENUE FOR PASSENGER CAR, BY COUNTRY 2019–2027 ($MILLION)
TABLE 16.ELECTRIC VEHICLE MARKET VOLUME FOR PASSENGER CAR, BY COUNTRY 2019–2027 (UNITS)
TABLE 17.ELECTRIC VEHICLE MARKET REVENUE FOR COMMERCIAL VEHICLE, BY COUNTRY 2019–2027 ($MILLION)
TABLE 18.ELECTRIC VEHICLE MARKET VOLUME FOR COMMERCIAL VEHICLE, BY COUNTRY 2019–2027 (UNITS)
TABLE 19.EUROPE ELECTRIC VEHICLE MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 20.EUROPE ELECTRIC VEHICLE MARKET, BY COUNTRY, 2019–2027 (UNITS)
TABLE 21.U.K. ELECTRIC VEHICLE MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 22.U.K. ELECTRIC VEHICLE MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 23.U.K. ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 24.U.K. ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2019–2027 (UNITS)
TABLE 25.GERMANY ELECTRIC VEHICLE MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 26.GERMANY ELECTRIC VEHICLE MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 27.GERMANY ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 28.GERMANY ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2019–2027 (UNITS)
TABLE 29.FRANCE ELECTRIC VEHICLE MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 30.FRANCE ELECTRIC VEHICLE MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 31.FRANCE ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 32.FRANCE ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2019–2027 (UNITS)
TABLE 33.ITALY ELECTRIC VEHICLE MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 34.ITALY ELECTRIC VEHICLE MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 35.ITALY ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 36.GERMANY ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2019–2027 (UNITS)
TABLE 37.NETHERLANDS ELECTRIC VEHICLE MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 38.NETHERLANDS ELECTRIC VEHICLE MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 39.NETHERLANDS ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 40.NETHERLANDS ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2019–2027 (UNITS)
TABLE 41.SPAIN ELECTRIC VEHICLE MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 42.SPAIN ELECTRIC VEHICLE MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 43.SPAIN ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 44.SPAIN ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2019–2027 (UNITS)
TABLE 45.PORTUGAL ELECTRIC VEHICLE MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 46.PORTUGAL ELECTRIC VEHICLE MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 47.PORTUGAL ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 48.PORTUGAL ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2019–2027 (UNITS)
TABLE 49.BELGIUM ELECTRIC VEHICLE MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 50.BELGIUM ELECTRIC VEHICLE MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 51.BELGIUM ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 52.BELGIUM ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2019–2027 (UNITS)
TABLE 53.REST OF EUROPE ELECTRIC VEHICLE MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 54.REST OF EUROPE ELECTRIC VEHICLE MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 55.REST OF EUROPE ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 56.REST OF EUROPE ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2019–2027 (UNITS)
TABLE 57.AUDI: COMPANY SNAPSHOT
TABLE 58.AUDI: OPERATING SEGMENTS
TABLE 59.AUDI: PRODUCT PORTFOLIO
TABLE 60.BMW: COMPANY SNAPSHOT
TABLE 61.BMW: OPERATING SEGMENTS
TABLE 62.BMW: PRODUCT PORTFOLIO
TABLE 63.HYUNDAI: COMPANY SNAPSHOT
TABLE 64.HYUNDAI: OPERATING SEGMENTS
TABLE 65.HYUNDAI: PRODUCT PORTFOLIO
TABLE 66.MITSUBISHI: COMPANY SNAPSHOT
TABLE 67.MITSUBISHI: PRODUCT PORTFOLIO
TABLE 68.NISSAN: COMPANY SNAPSHOT
TABLE 69.NISSAN: OPERATING SEGMENTS
TABLE 70.NISSAN: PRODUCT PORTFOLIO
TABLE 71.PEUGEOT: COMPANY SNAPSHOT
TABLE 72.PEUGEOT: OPERATING SEGMENTS
TABLE 73.PEUGEOT: PRODUCT PORTFOLIO
TABLE 74.RENAULT: COMPANY SNAPSHOT
TABLE 75.RENAULT: OPERATING SEGMENTS
TABLE 76.RENAULT: PRODUCT PORTFOLIO
TABLE 77.TESLA: COMPANY SNAPSHOT
TABLE 78.TESLA: OPERATING SEGMENTS
TABLE 79.TESLA: PRODUCT PORTFOLIO
TABLE 80.VOLVO: COMPANY SNAPSHOT
TABLE 81.VOLVO: OPERATING SEGMENTS
TABLE 82.VOLVO: PRODUCT PORTFOLIO
TABLE 83.VOLKSWAGEN: COMPANY SNAPSHOT
TABLE 84.VOLKSWAGEN: OPERATING SEGMENTS
TABLE 85.VOLKSWAGEN: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY, BY SEGMENT
FIGURE 03.EXECUTIVE SUMMARY, BY REGION
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 07.MODERATE THREAT OF NEW ENTRANTS
FIGURE 08.MODERATE-TO-HIGH THREAT OF SUBSTITUTES
FIGURE 09.MODERATE-TO-HIGH INTENSITY OF RIVALRY
FIGURE 10.MODERATE-TO-HIGH BARGAINING POWER OF BUYERS
FIGURE 11.MARKET SHARE ANALYSIS, 2019 (%)
FIGURE 12.EUROPE ELECTRIC VEHICLE MARKET, BY TYPE, 2019-2027 (%)
FIGURE 13.EUROPE ELECTRIC VEHICLE MARKET SHARE, BY TYPE, 2019-2027
FIGURE 14.EUROPE ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2019-2027 (%)
FIGURE 15.EUROPE ELECTRIC VEHICLE MARKET SHARE, BY VEHICLE TYPE, 2019-2027
FIGURE 16.UK ELECTRIC VEHICLE MARKET, 2019–2027 ($MILLION)
FIGURE 17.UK ELECTRIC VEHICLE MARKET, 2019–2027 (UNITS)
FIGURE 18.GERMANY ELECTRIC VEHICLE MARKET, 2019–2027 ($MILLION)
FIGURE 19.GERMANY ELECTRIC VEHICLE MARKET, 2019–2027 (UNITS)
FIGURE 20.FRANCE ELECTRIC VEHICLE MARKET, 2019–2027 ($MILLION)
FIGURE 21.FRANCE ELECTRIC VEHICLE MARKET, 2019–2027 (UNITS)
FIGURE 22.ITALY ELECTRIC VEHICLE MARKET, 2019–2027 ($MILLION)
FIGURE 23.ITALY ELECTRIC VEHICLE MARKET, 2019–2027 (UNITS)
FIGURE 24.NETHERLANDS ELECTRIC VEHICLE MARKET, 2019–2027 ($MILLION)
FIGURE 25.NETHERLANDS ELECTRIC VEHICLE MARKET, 2019–2027 (UNITS)
FIGURE 26.SPAIN ELECTRIC VEHICLE MARKET, 2019–2027 ($MILLION)
FIGURE 27.SPAIN ELECTRIC VEHICLE MARKET, 2019–2027 (UNITS)
FIGURE 28.PORTUGAL ELECTRIC VEHICLE MARKET, 2019–2027 ($MILLION)
FIGURE 29.PORTUGAL ELECTRIC VEHICLE MARKET, 2019–2027 (UNITS)
FIGURE 30.BELGIUM ELECTRIC VEHICLE MARKET, 2019–2027 ($MILLION)
FIGURE 31.BELGIUM ELECTRIC VEHICLE MARKET, 2019–2027 (UNITS)
FIGURE 32.REST OF EUROPE ELECTRIC VEHICLE MARKET, 2019–2027 ($MILLION)
FIGURE 33.REST OF EUROPE ELECTRIC VEHICLE MARKET, 2019–2027 (UNITS)
FIGURE 34.AUDI: NET SALES, 2016–2018 ($MILLION)
FIGURE 35.AUDI: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 36.AUDI: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 37.BMW: NET SALES, 2016–2018 ($MILLION)
FIGURE 38.BMW: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 39.BMW: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 40.HYUNDAI: NET SALES, 2016–2018 ($MILLION)
FIGURE 41.HYUNDAI: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 42.HYUNDAI: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 43.MITSUBISHI: NET SALES, 2016–2018 ($MILLION)
FIGURE 44.MITSUBISHI: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 45.NISSAN: NET SALES, 2016–2018 ($MILLION)
FIGURE 46.NISSAN: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 47.NISSAN: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 48.PEUGEOT: NET SALES, 2016–2018 ($MILLION)
FIGURE 49.PEUGEOT: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 50.PEUGEOT: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 51.RENAULT: NET SALES, 2016–2018 ($MILLION)
FIGURE 52.RENAULT: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 53.RENAULT: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 54.TESLA: NET SALES, 2016–2018 ($MILLION)
FIGURE 55.TESLA: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 56.TESLA: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 57.VOLVO: NET SALES, 2015–2017 ($MILLION)
FIGURE 58.VOLVO: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 59.VOLVO: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 60.VOLKSWAGEN: NET SALES, 2016–2018 ($MILLION)
FIGURE 61.VOLKSWAGEN: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 62.VOLKSWAGEN: REVENUE SHARE BY REGION, 2018 (%)

 
 

According to the insights of leading CXOs in the Europe electric vehicle market, the market is expected to witness a steady growth due to stringent vehicle emission norms and an increase in demand for fuel-efficient & low-emission vehicles. In countries, such as the UK, Germany, France, Italy, and Spain, the market is projected to report a rapid growth rate, owing to the introduction of incentives on the purchase of electric cars and strict regulations regarding carbon emissions of automobiles. To be in line with the emission norms across various countries in Europe, a rising number of manufacturers are focusing on the production of smart, efficient, and low-maintenance electric vehicles. Companies, such as Renault, Volkswagen, BMW, Tesla, and others, have launched several products in the Europe market to cater to the rising demand for electric vehicles. 

Usage of electric vehicles has increased in a wide range of cars such as compact hatchbacks, SUVs, and two-wheelers. Countries, such as Germany and France, have set their goals to accomplish similar levels of EV adoption. This further enhances the growth of the electric vehicle industry in Europe.


 

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