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Market Research Report
Product code
1009017

Electric Vehicle Market by Component, Vehicle (Passenger Cars, CV), Propulsion (BEV, PHEV, FCEV), Vehicle Drive Type (FWD, RWD, AWD), Vehicle Top Speed (<125 mph, >125 mph), Charging Point, Vehicle Class, V2G, Region-Global Forecast 2030

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Electric Vehicle Market by Component, Vehicle (Passenger Cars, CV), Propulsion (BEV, PHEV, FCEV), Vehicle Drive Type (FWD, RWD, AWD), Vehicle Top Speed (<125 mph, >125 mph), Charging Point, Vehicle Class, V2G, Region-Global Forecast 2030
Published: May 31, 2021
MarketsandMarkets
Content info: 290 Pages
Delivery time: 1-2 business days
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Description

The global electric vehicle market size is projected to reach 34,756 thousand units by 2030, from an estimated 4,093 thousand units in 2021, at a CAGR of 26.8%. Governments are supporting EV's through subsidies & tax rebates for using low emission vehicles and working in collaboration with top automobile manufacturers to speed up the growth of their countries.

Increased demand for efficient and low emission vehicles along with government support amid the rising prices of petroleum will boost the electric vehicle market. Consumers from developing countries are already feeling the heat of the increasing cost of petrol. Electric vehicle use can reduce the operating cost of these vehicles. To make the Electric market grow, continued support from the government will be needed along with the growing research of EV batteries, EV charging systems and electric vehicles to reduce the initial cost of electric vehicles along with increasing vehicle range, reducing charging time and adding additional features to the EV's.

However, the COVID-19 pandemic had an impact on the electric vehicle market in the first few months. Both the production and sales of EVs had come to a halt in the first few months of 2020 across the globe except China as the whole ecosystem had been disrupted. However, in the next two quarters, the sale of EV's had been growing. OEMs had to wait until lockdowns were lifted to resume production, which affected their business. Post the pandemic, the demand for EV's might increase, as people are getting increasingly conscious of reducing emissions from vehicles around the world and various governments setting up charging point networks across their countries during the second half of 2020 and beyond.

"The Passenger vehicle Segment is expected to be the largest market in the vehicle segment in the forecast."

Electric passenger car is the fastest-growing segment in the EV market and is expected to witness significant growth during the forecast period. The availability of a wide range of models, upgraded technology, increasing customer awareness, and availability of subsidies and tax rebates are the major factors driving the market. Major EV manufacturers like Tesla, BYD, BMW, Volkswagen, Nissan, Toyota, Honda, Hyundai, Daimler, Volvo, GM, SAIC, etc. have been strong players in the market. These companies have a strong market for their EV's around the world. Passenger cars account for the largest share in the electric vehicle market. The demand for passenger cars has increased due to the increase in demand for electric vehicles. Countries such as China have a low waiting period for electric vehicles compared to that for ICE-powered vehicles. Due to the growing stringency of emission norms, European countries are planning to decrease their vehicle emissions by 2050. US and China also follow such an agreement. The fast growth of EV chargers has also led to the growth of the EV passenger car market.

"Supercharging to be the fastest-growing recharging segment in the forecast period"

Currently, Asia has the highest number of Superchargers in the world, while Europe stands the 2nd best. This is because people in Asian countries prefer to fast charge for their vehicles for daily use. Superchargers are projected to grow at a fast rate in all 3 regions, but mostly in North American region due to the fast-projected transformation to EV's in US. In the European region, Superchargers exist mostly in countries like Norway, Netherlands, UK etc. In Asia, Superchargers exist mostly in China and some in Japan, South Korea, etc. Many countries have announced plans for a massive expansion of EV charging stations of both types in the next 5-10 years. In North America, many companies are collaborating with various states to speed up Supercharging infrastructure development. In the predicted period, Superchargers may grow fastest in the Asian region and 2nd highest in the North American Region.

"Mid-Priced segment is expected to be largest in the Vehicle class segment in the forecast period."

A mid-priced vehicle is considered to have a price below USD 45,000. This vehicle class has limited features with less emphasis on features like infotainment, instrument cluster, and other expensive features. China is one of the leading countries for the mid-priced segment. Companies such as BYD, Smart, and Great Wall Motors are manufacturing comparatively less expensive vehicles. Established automotive manufactures such as Hyundai, General Motors, Honda, and Nissan are manufacturing mid-priced EVs to acquire a greater market share. In April 2020, the world's cheapest EV (Wuling HongGuang Mini EV) was launched in China. It cost around USD 5,000 and came with no additional features except traditional driving. This also became one of the top sold EV models in 2020. Some other mid-priced EV include Renault Twizy, Seat Mii electric, Fiat 500, VW e-up, MG5 EV, MG ZS EV, etc. Other companies like Hyundai, Honda, Toyota, etc. are working on developing low-cost EV's for sale in Asian countries.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.

  • By Company Type: Tier I - 59%, Tier II - 7%, and OEMs - 34%
  • By Designation: C Level Executives - 26%, Directors - 43%, and Others - 31%
  • By Region: North America - 26%, Europe - 39% and Asia Pacific - 35%

The Electric Vehicle Market is dominated by established players such as Tesla (US), BYD (China), Volkswagen AG (Germany), BMW Group (Germany) and Nissan Motors (Japan). The market ranking has been derived by considering a certain percentage of the segmental revenue for each of the companies mentioned above. These companies also offer extensive products and solutions for the automotive industry. These companies have strong distribution networks at the global level, and they invest heavily in R&D to develop new products.

Research Coverage:

The market study covers the Electric Vehicle Market by Component, Vehicle Type (Passenger Cars, Commercial Vehicles), Vehicle Class (Mid-priced, Luxury), Propulsion (BEV, PHEV, FCEV), Vehicle Drive Type (FWD, RWD, AWD), Vehicle Top Speed (<125 mph, >125 mph), Charging Point Type (Normal Charging, Super Charging), V2G, Region (Asia Pacific, Europe, North America, Middle East and Africa). It also covers the competitive landscape and company profiles of the major players in the electric vehicle market ecosystem.

The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report:

  • The report will help market leaders/new entrants in this market with information on the closest approximations of revenue numbers for the overall electric vehicle market and its subsegments.
  • This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.
  • The report also helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
Table of Contents
Product Code: AT 4907

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 OBJECTIVES OF THE STUDY
  • 1.2 MARKET DEFINITION
    • 1.2.1 INCLUSIONS & EXCLUSIONS
    • TABLE 1 INCLUSIONS & EXCLUSIONS FOR THE ELECTRIC VEHICLE MARKET
  • 1.3 MARKET SCOPE
    • FIGURE 1 ELECTRIC VEHICLE MARKET: MARKETS COVERED
    • 1.3.1 YEARS CONSIDERED FOR THE STUDY
  • 1.4 PACKAGE SIZE
  • 1.5 LIMITATIONS
  • 1.6 STAKEHOLDERS
  • 1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

  • 2.1 RESEARCH DATA
    • FIGURE 2 RESEARCH DESIGN
    • FIGURE 3 RESEARCH METHODOLOGY MODEL
    • 2.1.1 SECONDARY DATA
      • 2.1.1.1 List of key secondary sources
      • 2.1.1.2 Key data from secondary sources
    • 2.1.2 PRIMARY DATA
    • FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, & REGION
      • 2.1.2.1 List of primary participants
  • 2.2 MARKET ESTIMATION METHODOLOGY
    • FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
  • 2.3 MARKET SIZE ESTIMATION
    • 2.3.1 BOTTOM-UP APPROACH
    • FIGURE 6 GLOBAL ELECTRIC VEHICLE MARKET SIZE: BOTTOM-UP APPROACH
    • 2.3.2 TOP-DOWN APPROACH
    • FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY FOR ELECTRIC VEHICLE MARKET: TOP-DOWN APPROACH
    • FIGURE 8 ELECTRIC VEHICLE MARKET: RESEARCH DESIGN & METHODOLOGY
    • FIGURE 9 RESEARCH APPROACH: ELECTRIC VEHICLE MARKET
    • FIGURE 10 ELECTRIC VEHICLE MARKET: RESEARCH DESIGN & METHODOLOGY - DEMAND SIDE
    • 2.3.3 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES
  • 2.4 DATA TRIANGULATION
    • FIGURE 11 DATA TRIANGULATION
  • 2.5 FACTOR ANALYSIS
  • 2.6 RESEARCH ASSUMPTIONS
  • 2.7 RESEARCH LIMITATIONS

3 EXECUTIVE SUMMARY

    • FIGURE 12 ELECTRIC VEHICLE MARKET: MARKET DYNAMICS
    • FIGURE 13 ELECTRIC VEHICLE MARKET, BY REGION, 2021-2030 (THOUSAND UNITS)
    • FIGURE 14 LITHIUM ION PRICE
    • FIGURE 15 POTENTIAL BATTERY-CELL COST REDUCTIONS
    • FIGURE 16 THE FCEV SEGMENT IS PROJECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD (2021-2030)
    • FIGURE 17 GROWING ELECTRIC & AUTONOMOUS MOBILITY TRENDS WOULD CREATE A SHIFT IN REVENUE MIX IN COMING YEARS
    • FIGURE 18 COVID-19 IMPACT ON ELECTRIC VEHICLE MARKET, 2017-2030

4 PREMIUM INSIGHTS

  • 4.1 ATTRACTIVE OPPORTUNITIES IN THE ELECTRIC VEHICLE MARKET
    • FIGURE 19 INCREASING DEMAND FOR ZERO-EMISSION COMMUTING TO DRIVE THE MARKET
  • 4.2 ELECTRIC VEHICLE MARKET GROWTH RATE, BY REGION
    • FIGURE 20 ASIA PACIFIC ESTIMATED TO ACCOUNT FOR THE LARGEST SHARE OF THE MARKET IN 2021
  • 4.3 ELECTRIC VEHICLE MARKET, BY CHARGING POINT TYPE
    • FIGURE 21 SUPER CHARGING SEGMENT TO GROW AT A HIGHER CAGR (2021-2027)
  • 4.4 ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE
    • FIGURE 22 PASSENGER CAR SEGMENT PROJECTED TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD (2021-2030)
  • 4.5 ELECTRIC VEHICLE MARKET, BY VEHICLE CLASS
    • FIGURE 23 MID-PRICED SEGMENT TO ACCOUNT FOR A LARGER MARKET SHARE DURING THE FORECAST PERIOD (2021-2030)
  • 4.6 ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE
    • FIGURE 24 FCEV SEGMENT PROJECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD (2021-2030)
  • 4.7 ELECTRIC VEHICLE MARKET, BY VEHICLE TOP SPEED
    • FIGURE 25 >125 MPH SEGMENT IS PROJECTED TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD (2021-2030)
  • 4.8 ELECTRIC VEHICLE MARKET, BY VEHICLE DRIVE TYPE
    • FIGURE 26 REAR WHEEL DRIVE SEGMENT IS PROJECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD (2021-2030)

5 MARKET OVERVIEW

  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    • FIGURE 27 ELECTRIC VEHICLE MARKET: MARKET DYNAMICS
    • 5.2.1 DRIVERS
      • 5.2.1.1 Reducing prices of EV batteries
    • FIGURE 28 EV BATTERY PRICING ANALYSIS
      • 5.2.1.2 Faster EV charging
    • TABLE 2 TIME REQUIRED TO CHARGE ELECTRIC VEHICLE
      • 5.2.1.3 Rising prices of petroleum
    • TABLE 3 AVERAGE PETROL PRICES IN THE US (2016-2020)
    • FIGURE 29 OIL CONSUMPTION AROUND THE WORLD DURING THE PAST TEN YEARS
      • 5.2.1.4 Lower operating cost
    • FIGURE 30 COMPARISON OF THE OPERATING COST OF EVS AND ICE VEHICLES
      • 5.2.1.5 Lower emissions from EVs
    • FIGURE 31 COMPARISON OF EMISSIONS OF EVS AND GASOLINE VEHICLES
    • 5.2.2 RESTRAINTS
      • 5.2.2.1 High initial investments for installing EV fast charging infrastructure
    • FIGURE 32 FUEL STATION AVERAGE PRICE COMPARISON FOR DIFFERENT FUELS
      • 5.2.2.2 Lack of sufficient EV charging infrastructure
    • FIGURE 33 COUNTRY-WISE COMPARISON OF EV CHARGER DENSITY
      • 5.2.2.3 Longer charging time compared to other fuels
    • FIGURE 34 CHARGING TIME REQUIRED TO CHARGE USING DIFFERENT CHARGING POINT TYPES
      • 5.2.2.4 Lower vehicle range
    • FIGURE 35 TOP EV MODEL RANGE AND BASE PRICE IN THE US
    • 5.2.3 OPPORTUNITIES
      • 5.2.3.1 Rising demand for electric vehicles in the automotive and transportation sectors
      • 5.2.3.2 Government initiatives pertaining to EVs
      • 5.2.3.3 Development of private and semi-public EV charging
    • FIGURE 36 PRIVATE, SEMI-PUBLIC, AND PUBLIC CHARGING
      • 5.2.3.4 Development of wireless EV charging technology for on-the-go charging
    • 5.2.4 CHALLENGES
      • 5.2.4.1 High cost of vehicles
    • FIGURE 37 COST COMPARISON OF EV AND ICE VEHICLE
      • 5.2.4.2 Insufficient standardization of EV charging infrastructure
    • FIGURE 38 EV CHARGERS USED AROUND THE WORLD
    • TABLE 4 ELECTRIC VEHICLE MARKET: IMPACT OF MARKET DYNAMICS
  • 5.3 PORTER'S FIVE FORCES
    • FIGURE 39 PORTER'S FIVE FORCES: ELECTRIC VEHICLE MARKET
    • TABLE 5 ELECTRIC VEHICLE MARKET: IMPACT OF PORTERS FIVE FORCES
    • 5.3.1 THREAT OF SUBSTITUTES
    • 5.3.2 THREAT OF NEW ENTRANTS
    • 5.3.3 BARGAINING POWER OF BUYERS
    • 5.3.4 BARGAINING POWER OF SUPPLIERS
    • 5.3.5 RIVALRY AMONG EXISTING COMPETITORS
  • 5.4 UPCOMING ELECTRIC VEHICLE MODELS, 2021-2025
    • TABLE 6 UPCOMING ELECTRIC VEHICLE MODELS, 2021-2025
  • 5.5 TOP SELLING EV MODEL SALES IN 2020 (WORLDWIDE IN THOUSANDS)
    • FIGURE 40 TOP SELLING EVS IN 2020 WORLDWIDE
  • 5.6 EUROPE EV SALES (2019 & 2020)
    • TABLE 7 EV SALES DATA (THOUSANDS)
  • 5.7 ELECTRIC VEHICLE MARKET ECOSYSTEM
    • FIGURE 41 ELECTRIC VEHICLE MARKET: ECOSYSTEM ANALYSIS
    • FIGURE 42 ELECTRIC VEHICLE NEURAL NETWORK
    • 5.7.1 EV CHARGING PROVIDERS
    • 5.7.2 TIER I SUPPLIERS
    • 5.7.3 OEMS
    • 5.7.4 END USERS
    • TABLE 8 ELECTRIC VEHICLE MARKET: ROLE OF COMPANIES IN THE ECOSYSTEM
  • 5.8 VALUE CHAIN ANALYSIS
    • FIGURE 43 VALUE CHAIN ANALYSIS OF THE ELECTRIC VEHICLE MARKET
  • 5.9 ELECTRIC VEHICLE PRICING ANALYSIS
    • TABLE 9 ELECTRIC VEHICLE MARKET: PRICING OF POPULAR BEVS (US)
    • TABLE 10 ELECTRIC VEHICLE MARKET: PRICING OF POPULAR PHEVS (US)
  • 5.10 TECHNOLOGY ANALYSIS
    • 5.10.1 V2X CHARGING
    • 5.10.2 SMART CHARGING SYSTEM
    • FIGURE 44 SMART EV CHARGING SYSTEM
    • 5.10.3 SOLID-STATE BATTERY (SSB)
    • 5.10.4 IOT IN ELECTRIC VEHICLES
  • 5.11 PATENT ANALYSIS
  • 5.12 CASE STUDY
    • 5.12.1 NISSAN LEAF IN DURHAM COUNTY, NORTH CAROLINA
  • 5.13 REGULATORY OVERVIEW
    • 5.13.1 NETHERLANDS
    • TABLE 11 NETHERLANDS: INCENTIVES FOR ELECTRIC VEHICLES
    • TABLE 12 NETHERLANDS: ELECTRIC VEHICLE CHARGING STATION INCENTIVES
    • 5.13.2 GERMANY
    • TABLE 13 GERMANY: ELECTRIC VEHICLE INCENTIVES
    • TABLE 14 GERMANY: ELECTRIC VEHICLE CHARGING STATION INCENTIVES
    • 5.13.3 FRANCE
    • TABLE 15 FRANCE: ELECTRIC VEHICLE INCENTIVES
    • TABLE 16 FRANCE: ELECTRIC VEHICLE CHARGING STATION INCENTIVES
    • 5.13.4 UK
    • TABLE 17 UK: ELECTRIC VEHICLE INCENTIVES
    • TABLE 18 UK: ELECTRIC VEHICLE CHARGING STATION INCENTIVES
    • 5.13.5 CHINA
    • TABLE 19 CHINA: ELECTRIC VEHICLE INCENTIVES
    • TABLE 20 CHINA: ELECTRIC VEHICLE CHARGING STATION INCENTIVES
    • 5.13.6 US
    • TABLE 21 US: ELECTRIC VEHICLE INCENTIVES
    • TABLE 22 US: ELECTRIC VEHICLE CHARGING STATION INCENTIVES
  • 5.14 COVID-19 IMPACT ANALYSIS
    • 5.14.1 IMPACT OF COVID-19 ON ELECTRIC VEHICLE PRODUCTION
  • 5.15 ELECTRIC VEHICLE MARKET, SCENARIOS (2021-2030)
    • 5.15.1 ELECTRIC VEHICLE MARKET, MOST LIKELY SCENARIO
    • FIGURE 45 ELECTRIC VEHICLE MARKET - FUTURE TRENDS & SCENARIOS, 2021-2030 (THOUSAND UNITS)
    • FIGURE 46 SCENARIO ANALYSIS
    • 5.15.2 ELECTRIC VEHICLE MARKET, OPTIMISTIC SCENARIO
    • TABLE 23 ELECTRIC VEHICLE MARKET (OPTIMISTIC), BY REGION, 2021-2030 (THOUSAND UNITS)
    • 5.15.3 ELECTRIC VEHICLE MARKET, PESSIMISTIC SCENARIO
    • TABLE 24 ELECTRIC VEHICLE MARKET (PESSIMISTIC), BY REGION, 2021-2030 (THOUSAND UNITS)

6 ELECTRIC VEHICLE MARKET, BY CHARGING POINT TYPE

  • 6.1 INTRODUCTION
    • FIGURE 47 SUPER CHARGING SEGMENT IS PROJECTED TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD (2021-2027)
    • TABLE 25 ELECTRIC VEHICLE MARKET, BY CHARGING POINT TYPE, 2017-2020 (THOUSAND UNITS)
    • TABLE 26 ELECTRIC VEHICLE MARKET, BY CHARGING POINT TYPE, 2021-2027 (THOUSAND UNITS)
  • 6.2 OPERATIONAL DATA
    • TABLE 27 POPULAR EV CHARGING PROVIDERS ACROSS THE WORLD
    • 6.2.1 ASSUMPTIONS
    • TABLE 28 ASSUMPTIONS: BY CHARGING POINT TYPE
  • 6.3 RESEARCH METHODOLOGY
  • 6.4 NORMAL CHARGING
    • 6.4.1 INCREASED ADOPTION OF ELECTRIC VEHICLES EXPECTED TO BOOST DEMAND
    • TABLE 29 NORMAL CHARGING: ELECTRIC VEHICLE MARKET, BY REGION, 2017-2020 (THOUSAND UNITS)
    • TABLE 30 NORMAL CHARGING: ELECTRIC VEHICLE MARKET, BY REGION, 2021-2027 (THOUSAND UNITS)
  • 6.5 SUPER CHARGING
    • 6.5.1 DEMAND FOR FAST CHARGING POINTS EXPECTED TO BOOST THE DEMAND FOR SUPER CHARGING
    • TABLE 31 SUPER CHARGING: ELECTRIC VEHICLE MARKET, BY REGION, 2017-2020 (THOUSAND UNITS)
    • TABLE 32 SUPER CHARGING: ELECTRIC VEHICLE MARKET, BY REGION, 2021-2027 (THOUSAND UNITS)
  • 6.6 INDUCTIVE CHARGING
  • 6.7 KEY PRIMARY INSIGHTS
    • FIGURE 48 KEY PRIMARY INSIGHTS

7 ELECTRIC VEHICLE MARKET, BY COMPONENT

  • 7.1 INTRODUCTION
  • 7.2 BATTERY CELLS AND PACKS
  • 7.3 ONBOARD CHARGER
  • 7.4 MOTOR
  • 7.5 REDUCER
  • 7.6 POWER CONTROL UNIT
  • 7.7 BATTERY MANAGEMENT SYSTEM
  • 7.8 FUEL CELL STACK
  • 7.9 FUEL PROCESSOR
  • 7.10 POWER CONDITIONER
  • 7.11 AIR COMPRESSOR
  • 7.12 HUMIDIFIER

8 ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE

  • 8.1 INTRODUCTION
    • TABLE 33 ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2017-2020 (THOUSAND UNITS)
    • TABLE 34 ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2021-2030 (THOUSAND UNITS)
    • FIGURE 49 FCEV SEGMENT IS PROJECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD (2021-2030)
  • 8.2 OPERATIONAL DATA
    • TABLE 35 EVS ACROSS THE WORLD
    • 8.2.1 ASSUMPTIONS
    • TABLE 36 ASSUMPTIONS: BY PROPULSION TYPE
  • 8.3 RESEARCH METHODOLOGY
  • 8.4 BATTERY ELECTRIC VEHICLE (BEV)
    • 8.4.1 INCREASE IN VEHICLE RANGE PER CHARGE EXPECTED TO BOOST DEMAND
    • TABLE 37 BEV: ELECTRIC VEHICLE MARKET, BY REGION, 2017-2020 (THOUSAND UNITS)
    • TABLE 38 BEV: ELECTRIC VEHICLE MARKET, BY REGION, 2021-2030 (THOUSAND UNITS)
  • 8.5 FUEL CELL ELECTRIC VEHICLE (FCEV)
    • 8.5.1 DEMAND FOR ZERO EMISSION VEHICLES WILL UPLIFT THE MARKET
    • TABLE 39 FCEV: ELECTRIC VEHICLE MARKET, BY REGION, 2017-2020 (THOUSAND UNITS)
    • TABLE 40 FCEV: ELECTRIC VEHICLE MARKET, BY REGION, 2021-2030 (THOUSAND UNITS)
  • 8.6 PLUG-IN HYBRID ELECTRIC VEHICLE (PHEV)
    • 8.6.1 GOVERNMENT PROVISION OF TAX BENEFITS AND INCENTIVES EXPECTED TO BOOST DEMAND
    • TABLE 41 PHEV: ELECTRIC VEHICLE MARKET, BY REGION, 2017-2020 (THOUSAND UNITS)
    • TABLE 42 PHEV: ELECTRIC VEHICLE MARKET, BY REGION, 2021-2030 (THOUSAND UNITS)
  • 8.7 HYBRID ELECTRIC VEHICLE (HEV)
  • 8.8 KEY PRIMARY INSIGHTS

9 ELECTRIC VEHICLE MARKET, BY VEHICLE CLASS

  • 9.1 INTRODUCTION
    • TABLE 43 ELECTRIC VEHICLE MARKET SIZE, BY VEHICLE CLASS, 2017-2020 (THOUSAND UNITS)
    • TABLE 44 ELECTRIC VEHICLE MARKET SIZE, BY VEHICLE CLASS, 2021-2030 (THOUSAND UNITS)
    • FIGURE 50 LUXURY SEGMENT IS PROJECTED TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD (2021-2030)
  • 9.2 OPERATIONAL DATA
    • TABLE 45 POPULAR EVS ACROSS THE WORLD
    • 9.2.1 ASSUMPTIONS
    • TABLE 46 ASSUMPTIONS: BY VEHICLE CLASS TYPE
  • 9.3 RESEARCH METHODOLOGY
  • 9.4 MID-PRICED
    • 9.4.1 DECREASE IN BATTERY PRICE EXPECTED TO BOOST DEMAND
    • TABLE 47 MID-PRICED: ELECTRIC VEHICLE MARKET SIZE, BY REGION, 2017-2020 (THOUSAND UNITS)
    • TABLE 48 MID-PRICED: ELECTRIC VEHICLE MARKET SIZE, BY REGION, 2021-2030 (THOUSAND UNITS)
  • 9.5 LUXURY
    • 9.5.1 DEMAND FOR HIGH END TECHNOLOGY EXPECTED TO BOOST DEMAND
    • TABLE 49 LUXURY: ELECTRIC VEHICLE MARKET SIZE, BY REGION, 2017-2020 (THOUSAND UNITS)
    • TABLE 50 LUXURY: ELECTRIC VEHICLE MARKET SIZE, BY REGION, 2021-2030 (THOUSAND UNITS)
  • 9.6 KEY PRIMARY INSIGHTS

10 ELECTRIC VEHICLE MARKET, BY VEHICLE DRIVE TYPE

  • 10.1 INTRODUCTION
    • TABLE 51 ELECTRIC VEHICLE MARKET SIZE, BY VEHICLE DRIVE TYPE, 2017-2020 (THOUSAND UNITS)
    • TABLE 52 ELECTRIC VEHICLE MARKET SIZE, BY VEHICLE DRIVE TYPE, 2021-2030 (THOUSAND UNITS)
    • FIGURE 51 REAR WHEEL DRIVE SEGMENT IS PROJECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD (2019-2030)
  • 10.2 OPERATIONAL DATA
    • TABLE 53 POPULAR BEVS ACROSS THE WORLD
    • TABLE 54 POPULAR PHEVS ACROSS THE WORLD
    • 10.2.1 ASSUMPTIONS
    • TABLE 55 ASSUMPTIONS: BY VEHICLE DRIVE TYPE
  • 10.3 RESEARCH METHODOLOGY
  • 10.4 FRONT WHEEL DRIVE (FWD)
    • TABLE 56 FRONT WHEEL DRIVE: ELECTRIC VEHICLE MARKET SIZE, BY REGION, 2017-2020 (THOUSAND UNITS)
    • TABLE 57 FRONT WHEEL DRIVE: ELECTRIC VEHICLE MARKET SIZE, BY REGION, 2021-2030 (THOUSAND UNITS)
  • 10.5 REAR WHEEL DRIVE (RWD)
    • TABLE 58 REAR WHEEL DRIVE: ELECTRIC VEHICLE MARKET SIZE, BY REGION, 2017-2020 (THOUSAND UNITS)
    • TABLE 59 REAR WHEEL DRIVE: ELECTRIC VEHICLE MARKET SIZE, BY REGION, 2021-2030 (THOUSAND UNITS)
  • 10.6 ALL WHEEL DRIVE (AWD)
    • TABLE 60 ALL WHEEL DRIVE: ELECTRIC VEHICLE MARKET SIZE, BY REGION, 2017-2020 (THOUSAND UNITS)
    • TABLE 61 ALL WHEEL DRIVE: ELECTRIC VEHICLE MARKET SIZE, BY REGION, 2021-2030 (THOUSAND UNITS)
  • 10.7 KEY PRIMARY INSIGHTS

11 ELECTRIC VEHICLE MARKET, BY VEHICLE TOP SPEED

  • 11.1 INTRODUCTION
    • TABLE 62 ELECTRIC VEHICLE MARKET SIZE, BY VEHICLE TOP SPEED, 2017-2020 (THOUSAND UNITS)
    • TABLE 63 ELECTRIC VEHICLE MARKET SIZE, BY VEHICLE TOP SPEED, 2021-2030 (THOUSAND UNITS)
    • FIGURE 52 >125 MPH SEGMENT IS PROJECTED TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD (2021-2030)
  • 11.2 OPERATIONAL DATA
    • TABLE 64 POPULAR AND UPCOMING EVS ACROSS THE WORLD
    • 11.2.1 ASSUMPTIONS
    • TABLE 65 ASSUMPTIONS: BY VEHICLE TOP SPEED
  • 11.3 RESEARCH METHODOLOGY
  • 11.4 <125 MPH
    • 11.4.1 DECREASE IN EV PRICE EXPECTED TO BOOST DEMAND
    • TABLE 66 <125 MPH: ELECTRIC VEHICLE MARKET SIZE, BY REGION, 2017-2020 (THOUSAND UNITS)
    • TABLE 67 <125 MPH: ELECTRIC VEHICLE MARKET SIZE, BY REGION, 2021-2030 (THOUSAND UNITS)
  • 11.5 >125 MPH
    • 11.5.1 DEMAND FOR HIGH END VEHICLE EXPECTED TO BOOST DEMAND
    • TABLE 68 >125 MPH: ELECTRIC VEHICLE MARKET SIZE, BY REGION, 2017-2020 (THOUSAND UNITS)
    • TABLE 69 >125 MPH: ELECTRIC VEHICLE MARKET SIZE, BY REGION, 2021-2030 (THOUSAND UNITS)
  • 11.6 KEY PRIMARY INSIGHTS

12 ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE

  • 12.1 INTRODUCTION
    • TABLE 70 ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2017-2020 (THOUSAND UNITS)
    • TABLE 71 ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2021-2030 (THOUSAND UNITS)
    • FIGURE 53 COMMERCIAL VEHICLE SEGMENT IS PROJECTED TO GROW AT THE HIGHER CAGR DURING THE FORECAST PERIOD (2021-2030)
  • 12.2 OPERATIONAL DATA
    • TABLE 72 POPULAR EVS GLOBALLY
    • 12.2.1 ASSUMPTIONS
    • TABLE 73 ASSUMPTIONS: BY VEHICLE TYPE
  • 12.3 RESEARCH METHODOLOGY
  • 12.4 PASSENGER CAR (PC)
    • 12.4.1 GROWING EMISSION NORMS WILL BOOST THE DEMAND
    • TABLE 74 PASSENGER CAR: ELECTRIC VEHICLE MARKET, BY REGION, 2017-2020 (THOUSAND UNITS)
    • TABLE 75 PASSENGER CAR: ELECTRIC VEHICLE MARKET, BY REGION, 2021-2030 (THOUSAND UNITS)
  • 12.5 COMMERCIAL VEHICLES (CV)
    • 12.5.1 GROWTH OF E-COMMERCE AND LOGISTICS EXPECTED TO BOOST DEMAND
    • TABLE 76 COMMERCIAL VEHICLES: ELECTRIC VEHICLE MARKET, BY REGION, 2017-2020 (THOUSAND UNITS)
    • TABLE 77 COMMERCIAL VEHICLES: ELECTRIC VEHICLE MARKET, BY REGION, 2021-2030 (THOUSAND UNITS)
  • 12.6 KEY PRIMARY INSIGHTS

13 ELECTRIC VEHICLE MARKET, BY V2G

  • 13.1 INTRODUCTION
    • TABLE 78 ELECTRIC VEHICLE MARKET, BY V2G, 2017-2020 (THOUSAND UNITS)
    • TABLE 79 ELECTRIC VEHICLE MARKET, BY V2G, 2021-2027 (THOUSAND UNITS)
    • TABLE 80 ELECTRIC VEHICLE MARKET, BY V2G, 2017-2020 (USD MILLION)
    • TABLE 81 ELECTRIC VEHICLE MARKET, BY V2G, 2021-2027 (USD MILLION)
  • 13.2 V2B OR V2H
  • 13.3 V2G
  • 13.4 V2V
  • 13.5 V2X

14 ELECTRIC VEHICLE MARKET, BY REGION

  • 14.1 INTRODUCTION
    • FIGURE 54 ASIA PACIFIC IS PROJECTED TO BE THE LARGEST MARKET FOR ELECTRIC VEHICLES DURING THE FORECAST PERIOD (2021-2030)
    • TABLE 82 ELECTRIC VEHICLE MARKET, BY REGION, 2017-2020 (THOUSAND UNITS)
    • TABLE 83 ELECTRIC VEHICLE MARKET, BY REGION, 2021-2030 (THOUSAND UNITS)
  • 14.2 ASIA PACIFIC
    • FIGURE 55 ASIA PACIFIC: PASSENGER CAR ELECTRIC VEHICLE MARKET SNAPSHOT, 2021-2030
    • TABLE 84 ASIA PACIFIC: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY COUNTRY, 2017-2020 (THOUSAND UNITS)
    • TABLE 85 ASIA PACIFIC: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY COUNTRY, 2021-2030 (THOUSAND UNITS)
    • 14.2.1 CHINA
      • 14.2.1.1 Increased investments in charging infrastructure expected to lead to market growth
    • TABLE 86 CHINA: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2017-2020 (THOUSAND UNITS)
    • TABLE 87 CHINA: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2021-2030 (THOUSAND UNITS)
    • 14.2.2 INDIA
      • 14.2.2.1 ABB setup of electric vehicle charger facilities expected to boost demand
    • TABLE 88 INDIA: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2017-2020 (THOUSAND UNITS)
    • TABLE 89 INDIA: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2021-2030 (THOUSAND UNITS)
    • 14.2.3 JAPAN
      • 14.2.3.1 Advancements in battery technology to boost demand
    • TABLE 90 JAPAN: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2017-2020 (THOUSAND UNITS)
    • TABLE 91 JAPAN: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2021-2030 (THOUSAND UNITS)
    • 14.2.4 SOUTH KOREA
      • 14.2.4.1 Increased investments in electric vehicles to boost demand
    • TABLE 92 SOUTH KOREA: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2017-2020 (THOUSAND UNITS)
    • TABLE 93 SOUTH KOREA: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2021-2030 (THOUSAND UNITS)
  • 14.3 EUROPE
    • FIGURE 56 EUROPE: GERMANY EXPECTED TO LEAD EV SALES DURING 2021-2030
    • TABLE 94 EUROPE: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY COUNTRY, 2017-2020 (THOUSAND UNITS)
    • TABLE 95 EUROPE: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY COUNTRY, 2021-2030 (THOUSAND UNITS)
    • 14.3.1 FRANCE
      • 14.3.1.1 Government offering purchase grants to boost demand
    • TABLE 96 FRANCE: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2017-2020 (THOUSAND UNITS)
    • TABLE 97 FRANCE: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2021-2030 (THOUSAND UNITS)
    • 14.3.2 GERMANY
      • 14.3.2.1 Rising sales of hybrid vehicles by domestic players to boost demand
    • TABLE 98 GERMANY: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2017-2020 (THOUSAND UNITS)
    • TABLE 99 GERMANY: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2021-2030 (THOUSAND UNITS)
    • 14.3.3 NETHERLANDS
      • 14.3.3.1 Government focus towards greener vehicles to boost demand
    • TABLE 100 NETHERLANDS: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2017-2020 (THOUSAND UNITS)
    • TABLE 101 NETHERLANDS: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2021-2030 (THOUSAND UNITS)
    • 14.3.4 NORWAY
      • 14.3.4.1 Emergence of e-mobility to boost demand
    • TABLE 102 NORWAY: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2017-2020 (THOUSAND UNITS)
    • TABLE 103 NORWAY: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2021-2030 (THOUSAND UNITS)
    • 14.3.5 SWEDEN
      • 14.3.5.1 Strong existing charging infrastructure to boost demand
    • TABLE 104 SWEDEN: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2017-2020 (THOUSAND UNITS)
    • TABLE 105 SWEDEN: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2021-2030 (THOUSAND UNITS)
    • 14.3.6 UK
      • 14.3.6.1 Country's investment in ultra-low emission vehicles to boost demand
    • TABLE 106 UK: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2017-2020 (THOUSAND UNITS)
    • TABLE 107 UK: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2021-2030 (THOUSAND UNITS)
    • 14.3.7 DENMARK
      • 14.3.7.1 Government promotion of private infrastructure to boost demand
    • TABLE 108 DENMARK: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2017-2020 (THOUSAND UNITS)
    • TABLE 109 DENMARK: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2021-2030 (THOUSAND UNITS)
    • 14.3.8 AUSTRIA
      • 14.3.8.1 Move towards cleaner vehicles to boost demand
    • TABLE 110 AUSTRIA: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2017-2020 (THOUSAND UNITS)
    • TABLE 111 AUSTRIA: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2021-2030 (THOUSAND UNITS)
    • 14.3.9 SWITZERLAND
      • 14.3.9.1 Country focus towards expansion of electric vehicle charging infrastructure
    • TABLE 112 SWITZERLAND: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2017-2020 (THOUSAND UNITS)
    • TABLE 113 SWITZERLAND: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2021-2030 (THOUSAND UNITS)
    • 14.3.10 SPAIN
      • 14.3.10.1 Increasing investments in FCEVs to uplift the market
    • TABLE 114 SPAIN: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2017-2020 (THOUSAND UNITS)
    • TABLE 115 SPAIN: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2021-2030 (THOUSAND UNITS)
  • 14.4 NORTH AMERICA
    • FIGURE 57 NORTH AMERICA: PASSENGER CAR ELECTRIC VEHICLE MARKET SNAPSHOT
    • TABLE 116 NORTH AMERICA: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY COUNTRY, 2017-2020 (THOUSAND UNITS)
    • TABLE 117 NORTH AMERICA: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY COUNTRY, 2021-2030 (THOUSAND UNITS)
    • 14.4.1 CANADA
      • 14.4.1.1 Increasing development in electric vehicle infrastructure to boost demand
    • TABLE 118 CANADA: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2017-2020 (THOUSAND UNITS)
    • TABLE 119 CANADA: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2021-2030 (THOUSAND UNITS)
    • 14.4.2 US
      • 14.4.2.1 Increasing production capacity of electric vehicles to uplift the market
    • TABLE 120 US: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2017-2020 (THOUSAND UNITS)
    • TABLE 121 US: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2021-2030 (THOUSAND UNITS)
  • 14.5 MIDDLE EAST & AFRICA
    • FIGURE 58 EGYPT TO BE THE FASTEST-GROWING MARKET IN THE MEA REGION
    • TABLE 122 MIDDLE EAST & AFRICA: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY COUNTRY, 2017-2020 (UNITS)
    • TABLE 123 MIDDLE EAST & AFRICA: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY COUNTRY, 2021-2030 (UNITS)
    • 14.5.1 UAE
      • 14.5.1.1 Government support to increase EV demand in the market
    • TABLE 124 UAE: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2017-2020 (UNITS)
    • TABLE 125 UAE: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2021-2030 (UNITS)
    • 14.5.2 EGYPT
      • 14.5.2.1 Increasing development in electric vehicle infrastructure to boost demand
    • TABLE 126 EGYPT: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2017-2020 (UNITS)
    • TABLE 127 EGYPT: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2021-2030 (UNITS)
    • 14.5.3 SOUTH AFRICA
      • 14.5.3.1 Increasing EV imports and popularization of EV charging stations to increase market
    • TABLE 128 SOUTH AFRICA: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2017-2020 (UNITS)
    • TABLE 129 SOUTH AFRICA: PASSENGER CAR ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2021-2030 (UNITS)

15 COMPETITIVE LANDSCAPE

  • 15.1 OVERVIEW
  • 15.2 MARKET SHARE ANALYSIS OF THE ELECTRIC VEHICLE MARKET
    • TABLE 130 MARKET SHARE ANALYSIS, 2020
    • FIGURE 59 MARKET SHARE ANALYSIS
    • FIGURE 60 REVENUE ANALYSIS FOR THE TOP FIVE COMPANIES, 2020
  • 15.3 COMPETITIVE SCENARIO
    • 15.3.1 DEALS
    • TABLE 131 DEALS, 2018-2021
    • 15.3.2 NEW PRODUCT DEVELOPMENTS
    • TABLE 132 NEW PRODUCT DEVELOPMENTS, 2018-2021
    • 15.3.3 OTHERS, 2018-2021
    • TABLE 133 EXPANSIONS, 2018-2021
  • 15.4 COMPETITIVE LEADERSHIP MAPPING FOR THE ELECTRIC VEHICLE MARKET
    • 15.4.1 STARS
    • 15.4.2 EMERGING LEADERS
    • 15.4.3 PERVASIVE
    • 15.4.4 EMERGING COMPANIES
    • FIGURE 61 ELECTRIC VEHICLE MARKET: COMPETITIVE LEADERSHIP MAPPING FOR TOP ELECTRIC VEHICLE MANUFACTURERS, 2021
    • TABLE 134 ELECTRIC VEHICLE MARKET: COMPANY FOOTPRINT FOR TOP EV MANUFACTURERS, 2021
    • TABLE 135 ELECTRIC VEHICLE MARKET: COMPANY APPLICATION FOOTPRINT FOR TOP EV MANUFACTURERS, 2021
    • TABLE 136 ELECTRIC VEHICLE MARKET: REGIONAL FOOTPRINT FOR EV MANUFACTURERS, 2021
    • FIGURE 62 ELECTRIC VEHICLE MARKET: COMPETITIVE LEADERSHIP MAPPING FOR NEW PLAYERS, 2021
  • 15.5 RIGHT TO WIN, 2018-2021
    • TABLE 137 RIGHT TO WIN, 2018-2021

16 COMPANY PROFILES

  • 16.1 KEY PLAYERS
  • (Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)**
    • 16.1.1 TESLA
    • TABLE 138 TESLA: BUSINESS OVERVIEW
    • FIGURE 63 TESLA: COMPANY SNAPSHOT
    • TABLE 139 TESLA: PRODUCTS OFFERED
    • TABLE 140 TESLA: NEW PRODUCT DEVELOPMENTS
    • TABLE 141 TESLA: DEALS
    • TABLE 142 TESLA: OTHERS
    • 16.1.2 BYD
    • TABLE 143 BYD: BUSINESS OVERVIEW
    • FIGURE 64 BYD: COMPANY SNAPSHOT
    • TABLE 144 BYD: PRODUCTS OFFERED
    • TABLE 145 BYD: NEW PRODUCT DEVELOPMENTS
    • TABLE 146 BYD: DEALS
    • TABLE 147 BYD: OTHERS
    • 16.1.3 VOLKSWAGEN AG
    • TABLE 148 VOLKSWAGEN AG: BUSINESS OVERVIEW
    • FIGURE 65 VOLKSWAGEN AG: COMPANY SNAPSHOT
    • TABLE 149 VOLKSWAGEN AG: PRODUCTS OFFERED
    • TABLE 150 VOLKSWAGEN AG: NEW PRODUCT DEVELOPMENTS
    • TABLE 151 VOLKSWAGEN AG: DEALS
    • TABLE 152 VOLKSWAGEN AG: OTHERS
    • 16.1.4 BMW GROUP
    • TABLE 153 BMW GROUP: BUSINESS OVERVIEW
    • FIGURE 66 BMW GROUP: COMPANY SNAPSHOT
    • TABLE 154 BMW GROUP: PRODUCTS OFFERED
    • TABLE 155 BMW GROUP: NEW PRODUCT DEVELOPMENTS
    • TABLE 156 BMW GROUP: DEALS
    • 16.1.5 NISSAN MOTORS
    • TABLE 157 NISSAN MOTORS: BUSINESS OVERVIEW
    • FIGURE 67 NISSAN MOTORS: COMPANY SNAPSHOT
    • TABLE 158 NISSAN MOTORS: PRODUCTS OFFERED
    • TABLE 159 NISSAN MOTORS: NEW PRODUCT DEVELOPMENTS
    • TABLE 160 NISSAN MOTORS: DEALS
    • TABLE 161 NISSAN MOTORS: OTHERS
    • 16.1.6 TOYOTA MOTOR CORPORATION
    • TABLE 162 TOYOTA MOTOR CORPORATION: BUSINESS OVERVIEW
    • FIGURE 68 TOYOTA MOTOR CORPORATION: COMPANY SNAPSHOT
    • TABLE 163 TOYOTA MOTOR CORPORATION: PRODUCTS OFFERED
    • TABLE 164 TOYOTA MOTOR CORPORATION: NEW PRODUCT DEVELOPMENTS
    • TABLE 165 TOYOTA MOTOR CORPORATION: DEALS
    • 16.1.7 FORD MOTOR COMPANY
    • TABLE 166 FORD MOTOR COMPANY: BUSINESS OVERVIEW
    • FIGURE 69 FORD MOTOR COMPANY: COMPANY SNAPSHOT
    • TABLE 167 FORD MOTOR COMPANY: PRODUCTS OFFERED
    • TABLE 168 FORD MOTOR COMPANY: NEW PRODUCT DEVELOPMENTS
    • TABLE 169 FORD MOTOR COMPANY: DEALS
    • TABLE 170 FORD MOTOR COMPANY: OTHERS
    • 16.1.8 AB VOLVO
    • TABLE 171 AB VOLVO: BUSINESS OVERVIEW
    • FIGURE 70 AB VOLVO: COMPANY SNAPSHOT
    • TABLE 172 AB VOLVO: PRODUCTS OFFERED
    • TABLE 173 AB VOLVO: NEW PRODUCT DEVELOPMENTS
    • TABLE 174 AB VOLVO: DEALS
    • TABLE 175 AB VOLVO: OTHERS
    • 16.1.9 SAIC MOTORS
    • TABLE 176 SAIC MOTORS: BUSINESS OVERVIEW
    • FIGURE 71 SAIC MOTORS: COMPANY SNAPSHOT
    • TABLE 177 SAIC MOTORS: PRODUCTS OFFERED
    • TABLE 178 SAIC MOTORS: NEW PRODUCT DEVELOPMENTS
    • TABLE 179 SAIC MOTORS: DEALS
    • 16.1.10 HYUNDAI GROUP
    • TABLE 180 HYUNDAI GROUP: BUSINESS OVERVIEW
    • FIGURE 72 HYUNDAI GROUP: COMPANY SNAPSHOT
    • TABLE 181 HYUNDAI GROUP: PRODUCTS OFFERED
    • TABLE 182 HYUNDAI GROUP: NEW PRODUCT DEVELOPMENTS
    • TABLE 183 HYUNDAI GROUP: DEALS
    • 16.1.11 HONDA MOTORS
    • TABLE 184 HONDA MOTORS: BUSINESS OVERVIEW
    • FIGURE 73 HONDA MOTORS: COMPANY SNAPSHOT
    • TABLE 185 HONDA MOTORS: PRODUCTS OFFERED
    • TABLE 186 HONDA MOTORS: NEW PRODUCT DEVELOPMENTS
    • TABLE 187 HONDA MOTORS: DEALS
    • 16.1.12 DAIMLER AG
    • TABLE 188 DAIMLER AG: BUSINESS OVERVIEW
    • FIGURE 74 DAIMLER AG: COMPANY SNAPSHOT
    • TABLE 189 DAIMLER AG: PRODUCTS OFFERED
    • TABLE 190 DAIMLER AG: NEW PRODUCT DEVELOPMENTS
    • TABLE 191 DAIMLER AG: DEALS
  • *Details on Business overview, Products offered, Recent Developments, SWOT analysis, MNM view might not be captured in case of unlisted companies.
  • 16.2 OTHER PLAYERS
    • 16.2.1 GENERAL MOTORS
    • TABLE 192 GENERAL MOTORS: BUSINESS OVERVIEW
    • 16.2.2 RIVIAN
    • TABLE 193 RIVIAN: BUSINESS OVERVIEW
    • 16.2.3 FARADAY FUTURE
    • TABLE 194 FARADAY FUTURE: BUSINESS OVERVIEW
    • 16.2.4 FISKER
    • TABLE 195 FISKER: BUSINESS OVERVIEW
    • 16.2.5 LUCID MOTORS
    • TABLE 196 LUCID MOTORS: BUSINESS OVERVIEW
    • 16.2.6 NIKOLA CORPORATION
    • TABLE 197 NIKOLA CORPORATION: BUSINESS OVERVIEW
    • 16.2.7 ALCRAFT MOTOR COMPANY
    • TABLE 198 ALCRAFT MOTOR COMPANY: BUSINESS OVERVIEW
    • 16.2.8 RENAULT GROUP
    • TABLE 199 RENAULT GROUP: BUSINESS OVERVIEW
    • 16.2.9 STELLANTIS N.V.
    • TABLE 200 STELLANTIS N.V.: BUSINESS OVERVIEW
    • 16.2.10 KIA MOTORS
    • TABLE 201 KIA MOTORS: BUSINESS OVERVIEW
    • 16.2.11 BAIC MOTORS
    • TABLE 202 BAIC MOTORS: BUSINESS OVERVIEW
    • 16.2.12 MITSUBISHI MOTORS
    • TABLE 203 MITSUBISHI MOTORS: BUSINESS OVERVIEW
    • 16.2.13 BYTON
    • TABLE 204 BYTON: BUSINESS OVERVIEW
    • 16.2.14 CHERY
    • TABLE 205 CHERY: BUSINESS OVERVIEW
    • 16.2.15 JAC
    • TABLE 206 JAC: BUSINESS OVERVIEW
    • 16.2.16 GEELY
    • TABLE 207 GEELY: BUSINESS OVERVIEW
    • 16.2.17 CANOO
    • TABLE 208 CANOO: BUSINESS OVERVIEW
    • 16.2.18 ZOTYE
    • TABLE 209 ZOTYE: BUSINESS OVERVIEW

17 RECOMMENDATIONS BY MARKETSANDMARKETS

  • 17.1 CHINA, JAPAN, GERMANY, AND SOUTH KOREA ARE KEY FOCUS COUNTRIES FOR THE ELECTRIC VEHICLE MARKET
  • 17.2 TECHNOLOGICAL ADVANCEMENTS TO HELP DEVELOP THE MARKET FOR THE EV PASSENGER CAR
  • 17.3 CONCLUSION

18 APPENDIX

  • 18.1 KEY INSIGHTS OF INDUSTRY EXPERTS
  • 18.2 DISCUSSION GUIDE
  • 18.3 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
  • 18.4 AVAILABLE CUSTOMIZATIONS
  • 18.5 RELATED REPORTS
  • 18.6 AUTHOR DETAILS