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The electric car market is poised to grow by 22644.59 thousand units during 2023-2027, accelerating at a CAGR of 28.69% during the forecast period. The report on the electric car market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing demand and sales of BEVs in the global market, reducing prices of lithium-ion batteries, and growing government regulations, incentives, and subsidies on EVs.
The electric car market is segmented as below:
By Type
- Sedan
- Hatchback
- Others
By Vehicle Type
- BEV
- PHEV
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the electric car market covers the following areas:
- Electric car market sizing
- Electric car market forecast
- Electric car market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Vehicle Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global electric car market: BAIC Motor Corp. Ltd., BMW AG, BYD Electronic Co. Ltd., Chery Automobile Co. Ltd., Daimler AG, Ford Motor Co., Geely Auto Group, General Motors Co, Kia Motors Corp, Mahindra and Mahindra Ltd., NIO Ltd., Nissan Motor Co. Ltd., Renault SAS, SAIC Motor Corp. Ltd., Stellantis NV, Tata Motors Ltd., Tesla Inc., Toyota Motor Corp., and Volkswagen AG.Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is an increase in the number of new electric car launches across the globe.`
According to the report, one of the major drivers for this market is the increasing demand and sales of BEVs in the global market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BAIC Motor Corp. Ltd.
- BMW AG
- BYD Electronic Co. Ltd.
- Chery Automobile Co. Ltd.
- Daimler AG
- Ford Motor Co.
- Geely Auto Group
- General Motors Co
- Kia Motors Corp
- Mahindra and Mahindra Ltd.
- NIO Ltd.
- Nissan Motor Co. Ltd.
- Renault SAS
- SAIC Motor Corp. Ltd.
- Stellantis NV
- Tata Motors Ltd.
- Tesla Inc.
- Toyota Motor Corp.
- Volkswagen AG
