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The report provides rational insights along with historical and forecast data to aid in better understanding of the Global EV and EV Infrastructure Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of the EV and EV Infrastructure market. This study also provides a detailed overview of the opportunities along with the current trends observed in the target market.
The global EV and EV infrastructure market is projected to reach 4.18 million units by 2021 from an estimated 3.42 million units in 2020, at a CAGR of 22.1%. The projection for 2021 is estimated to be down by 34% as compared to pre-COVID estimation.
The electric vehicle market has witnessed rapid evolution with ongoing developments in the automotive sector. Favorable government policies & support in terms of subsidies & grants, tax rebates, and other non-financial benefits in the form of carpool lane access is one of the primary factors driving the growth of the market. New car registrations, specifically in China, where ICE vehicle registration are banned in some urban areas, are also expected to play a crucial role in market growth.
The report covers major players operating in the market along with the key strategies implemented to achieve a competitive edge against a majority of the vendors which provides a competitive outlook of the industry. The competitive landscape further includes details about different players and their position on a global and a local level is also explained in detail in this compiled study. These insights were prepared through mapping business strategies and products that offer high revenue generation capacities. Key players of the global EV and EV Infrastructure market are included as given below:
Some of the major players in the electric vehicle and electric vehicle infrastructure market are Tesla (US), BYD (China), BMW (Germany), Volkswagen (Germany), and Nissan (Japan), LG Chem (S. Korea), Panasonic (S. Korea), and Bosch (Germany) among others.
The global EV and EV Infrastructure market has been segmented as below:
Based on vehicle Type:
Passenger Car
Commercial Vehicle
Based on the charging station type:
Normal
Super
Based on the propulsion type:
BEV
PHEV
FCEV
Based on the region:
Asia Pacific
China
India
North America
US
Europe
France
Germany
Spain
Norway
Reasons to Purchase this Report:
Estimates EV and EV Infrastructure development trends with SWOT analysis
Detailed business profiles including product offerings, recent developments, key financial information, and strategies employed by main market players
Analysis of various regions and countries that includes the demand and supply based actions, which consequently have a major influence on the market's expansion
Market dynamics scenario, along with growth opportunities for players in the years to come
Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the mentioned forecast period
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects