The Global Electric Vehicle (EV) market size is expected to reach USD 1,210.82 Billion in 2032 and register a steady revenue CAGR of 18.3% during the forecast period, according to latest analysis by Emergen Research. Rising adoption of electric passenger vehicles due to increasing diesel and petrol price is a key factor driving market revenue growth. Consumers are looking for more sustainable forms of transportation due to rising concerns about climate change and air pollution. 

The report is formulated with the updated and latest information of the global Electric Vehicles market further validated and verified by the industry experts and professionals. The Global Electric Vehicles Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Electric Vehicles market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.

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Competitive Terrain:

The global Electric Vehicles industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

Volkswagen Group, Tesla Motors, BYD Company Ltd., Ford Motor Company, Nissan Motor Company, Toyota Motor Corporation, Daimler AG, BMW, Mitsubishi Motors Corporation and Hyundai

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Electric Vehicles market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Outlook: The leading companies operating in the Electric Vehicles market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Electric Vehicles market.

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Market Segmentations of the Electric Vehicles Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Electric Vehicles market on the basis of product, application, and region:

For the purpose of this report, Emergen Research has segmented the EV market on the basis of vehicle type, range, price range, battery technology, charging infrastructure, charging infrastructure type, infrastructure provider, charging speed, ownership model, autonomous capabilities, and region:

  • Vehicle Type Outlook (Revenue, USD Billion; 2019–2032)

    • Battery Electric Vehicles (BEV)
    • Plug-in Hybrid Electric Vehicles (PHEV)
    • Fuel Cell Electric Vehicles (FCEV)
    • Extended Range Electric Vehicles (EREV)
    • Hybrid Electric Vehicles (HEV)

  • Range Outlook (Revenue, USD Billion; 2019–2032)

    • Compact EV
    • Midsize EV
    • Full-Size EV
    • Ultra-Compact EV

  • Price Range Outlook (Revenue, USD Billion; 2019–2032)

    • Economy EVs
    • Mid-Range EVs
    • Premium/Luxury EVs
    • Ultra-Luxury EVs

  • Battery Technology Outlook (Revenue, USD Billion; 2019–2032)

    • Lithium-Ion Battery EVs
    • Solid-State Battery EVs
    • Other Advanced Battery Technologies

  • Charging Infrastructure Outlook (Revenue, USD Billion; 2019–2032)

    • Home Charging
    • Public Charging
    • Workplace Charging
    • Destination Charging
      1. Hotels
      2. Restaurants
      3. Others
    • Fast Charging
  •  

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Major Geographies Analyzed in the Report:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

ToC of the report:

Chapter 1: Market overview and scope

Chapter 2: Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

Chapter 6: Key manufacturers of the industry

Chapter 7: Regional analysis

Chapter 8: Market segmentation based on type applications

Chapter 9: Current and Future Trends

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