Reports

As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Electric Vehicle Market: By Type: Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-in Hybrid Electric Vehicle; By Vehicle Type: Two-Wheeler, Passenger Car, Commercial Vehicles, Heavy Commercial Vehicles; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Electric Vehicle Market Outlook

The global electric vehicle market volume in 2020 was estimated to be 3.25 million units. The electric vehicle market is projected to reach 10.1 million units by 2026, growing at a CAGR of 20.75% between 2021 and 2026.

 

Electric vehicles are either operated by a collector system by electricity from the deployment of charging stations or can be powered by self-charging tools such as regenerative braking systems, turbochargers, and others.

 

Global Electric Vehicle Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Pure electric vehicles and hybrid cars in Norway accounted for 53% of all new car sales in 2018 as compared to 42% in 2017, according to the Norwegian Road Federation, a public road transportation agency in Norway. Norway’s parliament has set a resolution target of zero emissions for all cars sold by 2024, which is expected to boost the growth of the electric vehicle market.

 

Properties and Applications

An electric vehicle requires one or more electric motors for propulsion. It is also referred to as an electric drive vehicle. Electricity can be used to drive electric battery vehicles as a transportation fuel. The market for electric vehicles can be categorised by segments such as type and vehicle type.

 

Global Electric Vehicle Market by Type

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

The industry can be broadly categorised on the basis of its type into:

  • Battery Electric Vehicle
  • Hybrid Electric Vehicle
  • Plug-in Hybrid Electric Vehicle

The industry can be divided based on its vehicle type as:

  • Two-Wheeler
  • Passenger Car
  • Commercial Vehicles
  • Heavy Commercial Vehicles (HCVs)
  • Buses
  • Trucks

The EMR report looks into the regional electric vehicle markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Electric Vehicle Market by Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Market Analysis

The demand for electric vehicles is powered by the increased demand for vehicles that are fuel-efficient and have high-performance and low emission. The rising trend of vehicle emission reduction due to strict rules and regulations in several countries and the development of public charging infrastructure in China, France, Norway, and other developed countries is accelerating the electric vehicle market growth. In addition, technological advances in electric vehicles and aggressive government initiatives are expected in the future to unfold multiple prospects for the growth of the electric vehicle industry participants, such as system integrators, vehicle manufacturers, engine manufacturers, and component suppliers. High electric vehicle manufacturing costs and low fuel efficiency and serviceability, however, may hinder the growth of the electric vehicle market.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global electric vehicle market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Tesla, Inc. (NASDAQ: TSLA)
  • SAIC Motor Corporation Limited 
  • BYD Company Ltd. 
  • Toyota Motor Corporation 
  • Beijing Automobile Co., Ltd.
  • Dongfeng Motor Group Co., Ltd. 
  • Others 

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Questions Answered in the Market Report

  • How has the global electric vehicle market performed in the previous years (2016-2020)?
  • What is the forecast assessment of the electric vehicle market for 2021-2026?
  • What are the major drivers in the historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major constraints in the historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major demand indicators of the global electric vehicle market?
  • What are the major price indicators of the global electric vehicle market?
  • What are the price trends in the global electric vehicle market?
  • Who are the key manufacturers in the global electric vehicle market?
  • What is the degree of competition in the global electric vehicle market?
  • What are the major events and developments taking place within the global industry?

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
        1.1.1    Research Objective
        1.1.2    Key Findings of the Report
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Cost Structure
    4.5    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraint Analysis
    5.3    Industry Challenges
    5.4    Industry Opportunities
6    Electric Vehicle Market Analysis
    6.1    Electric Vehicle Historical Market (2016-2020) & Forecast (2021-2026)
    6.2    Electric Vehicle Market Breakup by Type
        6.2.1    Battery Electric Vehicle
        6.2.2    Hybrid Electric Vehicle
        6.2.3    Plug-in Hybrid Electric Vehicle
    6.3    Electric Vehicle Market Breakup by Type: Historical Market (2016-2020) & Forecast (2021-2026)
        6.3.1    Battery Electric Vehicle
        6.3.2    Hybrid Electric Vehicle
        6.3.3    Plug-in Hybrid Electric Vehicle 
    6.4    Electric Vehicle Market Breakup by Vehicle Type
        6.4.1    Two-Wheeler
        6.4.2    Passenger Car
        6.4.3    Commercial Vehicles
        6.4.4    Heavy Commercial Vehicles (HCVs)
            6.4.4.1     Buses
            6.4.4.2    Trucks
    6.5    Electric Vehicle Market Breakup by Vehicle Type: Historical Market (2016-2020) & Forecast (2021-2026)
        6.5.1    Two-Wheeler
        6.5.2    Passenger Car
        6.5.3    Commercial Vehicles
        6.5.4    Heavy Commercial Vehicles (HCVs)
            6.5.4.1     Buses
            6.5.4.2    Trucks 
    6.6    Electric Vehicle Market by Region
        6.6.1    North America
            6.6.1.1    United States of America
            6.6.1.2    Canada
        6.6.2    Europe
            6.6.2.1    Germany
            6.6.2.2    United Kingdom
            6.6.2.3    France
            6.6.2.4    Italy
            6.6.2.5    Others
        6.6.3    Asia Pacific
            6.6.3.1    China
            6.6.3.2    Japan
            6.6.3.3    India
            6.6.3.4    ASEAN
            6.6.3.5    Others
        6.6.4    Latin America
            6.6.4.1    Brazil
            6.6.4.2    Argentina
            6.6.4.3    Mexico
            6.6.4.4    Others
        6.6.5    Middle East & Africa
            6.6.5.1    Saudi Arabia
            6.6.5.2    United Arab Emirates
            6.6.5.3    Nigeria
            6.6.5.4    South Africa
            6.6.5.5    Others
    6.7    Electric Vehicle Market by Region: Historical Market (2016-2020) & Forecast (2021-2026)
        6.7.1    North America
            6.7.1.1    United States of America
            6.7.1.2    Canada
        6.7.2    Europe
            6.7.2.1    Germany
            6.7.2.2    United Kingdom
            6.7.2.3    France
            6.7.2.4    Italy
            6.7.2.5    Others
        6.7.3    Asia Pacific
            6.7.3.1    China
            6.7.3.2    Japan
            6.7.3.3    India
            6.7.3.4    ASEAN
            6.7.3.5    Others
        6.7.4    Latin America
            6.7.4.1    Brazil
            6.7.4.2    Argentina
            6.7.4.3    Mexico
            6.7.4.4    Others
        6.7.5    Middle East & Africa
            6.7.5.1    Saudi Arabia
            6.7.5.2    United Arab Emirates
            6.7.5.3    Nigeria
            6.7.5.4    South Africa
            6.7.5.5    Others
7    SWOT Analysis
    7.1    Overview
    7.2    Strengths
    7.3    Weaknesses
    7.4    Opportunities
    7.5    Threats
8    Porter’s Five Forces Analysis
    8.1    Overview
    8.2    Buyer’s Power
    8.3    Supplier’s Power
    8.4    New Entrants
    8.5    Degree of Rivalry
    8.6    Substitutes
9    Competitive Landscape & Supplier Analysis
    9.1    Tesla, Inc. (NASDAQ: TSLA)
        9.1.1    Company Overview
        9.1.2    Financial Analysis
    9.2    SAIC Motor Corporation Limited (SHA: 600104)
        9.2.1    Company Overview
        9.2.2    Financial Analysis
    9.3    BYD Company Ltd. (SHE: 002594)
        9.3.1    Company Overview
        9.3.2    Financial Analysis
    9.4     Toyota Motor Corporation (TYO: 7203)
        9.4.1    Company Overview
        9.4.2    Financial Analysis
    9.5     Beijing Automobile Co., Ltd.
        9.5.1    Company Overview
        9.5.2    Financial Analysis
    9.6     Dongfeng Motor Group Co., Ltd. (HKG: 0489)
        9.6.1    Company Overview
        9.6.2    Financial Analysis
    9.7    Others
10    Industry Events and Developments

Additional Customisations Available:

1    Cost Analysis 
    1.1    Land, Location and Site Development
    1.2    Construction
    1.3    Plant Machinery
    1.4    Cost of Raw Material
    1.5    Packaging
    1.6    Transportation
    1.7    Utilities
    1.8    Manpower
    1.9    Other Capital Investment

Purchase Full Report

Mini Report

$ 1999     $1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 3199     $2499
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

$ 4199     $3499
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$ 5199     $4499
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Global Rear Spoiler Market Report and Forecast 2021-2026


Global Electric Scooters Market Report and Forecast 2021-2026


Global Dashboard Camera Market Report and Forecast 2021-2026


Global Unmanned Ground Vehicles Market Report and Forecast 2021-2026


India Tyre Market Report and Forecast 2021-2026


NEWSLETTER