The Global Electric Vehicle Market size is expected to reach $602.8 billion by 2025, rising at a market growth of 24.7% CAGR during the forecast period.
(firmenpresse) - According to a new report Global Electric Vehicle Market, published by KBV research, The Global Electric Vehicle Market size is expected to reach $602.8 billion by 2025, rising at a market growth of 24.7% CAGR during the forecast period.
The Hybrid Electric Vehicle market dominated the Global Electric Vehicle Market by Type 2018, growing at a CAGR of 17.7 % during the forecast period. The Battery Electric Vehicle market is expected to witness a CAGR of 29.7% during (2019-2025). Additionally, The Plug-in Hybrid Electric Vehicle market is expected to witness highest CAGR of 31.5% during (2019-2025).
The Passenger Vehicles market dominated the Global Electric Vehicle Market by Vehicle Type 2018, growing at a CAGR of 23.8 % during the forecast period. The Two-wheeler market is expected to witness a CAGR of 25.5% during (2019-2025).
The Asia Pacific market dominated the Global Electric Vehicle Market by Region 2018, growing at a CAGR of 25.4 % during the forecast period. The Europe market is expected to witness a CAGR of 23.6% during (2019-2025). Additionally, The North America market is expected to witness a CAGR of 23.8% during (2019-2025).
Full Report: https://www.kbvresearch.com/electric-vehicle-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Tesla, Inc., Volkswagen AG, Honda Motor Co. Ltd., BYD Company Limited, Volvo Group, BMW Group, Toyota Motor Corporation, Ford Motors Co. Ltd., Daimler AG and General Motors Co.
Global Electric Vehicle Market Segmentation
By Type
Hybrid Electric Vehicle Battery Electric Vehicle Plug-in Hybrid Electric Vehicle
By Vehicle Type
Passenger Vehicles
Two-wheeler Commercial Vehicle
By Geography
North America
US Canada Mexico Rest of North America
Europe
Germany UK France Russia Norway Netherlands Rest of Europe
Asia Pacific
China Japan India South Korea Singapore Taiwan Rest of Asia Pacific
LAMEA
Brazil Argentina UAE Saudi Arabia South Africa Nigeria Rest of LAMEA
Companies Profiled
Tesla, Inc. Volkswagen AG Honda Motor Co. Ltd. BYD Company Limited Volvo Group BMW Group Toyota Motor Corporation Ford Motors Co. Ltd. Daimler AG General Motors Co.
Electric Vehicle Market Related Reports:
North America Market Europe Market Asia Pacific Market LAMEA Market
Unternehmensinformation / Kurzprofil:
KBV Research is Knowledge Based Value Research, which is a global brand and consulting firm serving all kinds of business verticals, government and non-governmental organizations, and not-for-profit organizations. Our motto is to extend our services that will have a lasting impact on our clients who trust us with their business goals. KBV Research is a global market research and consulting company offering syndicated and custom market research reports with exhaustive industry analysis.
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