Press release
Electric Vehicles Market Value to Reach USD 567 Billion by 2025 | Leading Companies -
Electric Vehicles Market
Global Electric Vehicles Market Size and Growth Rate:
Research Analysts at Research Cosmos estimated the Global Electric Vehicles Market Size to reach USD 567 billion by the end of 2025 and they also predicted that the market will grow at an approximate CAGR of 23.1% during 2018 to 2025.
Browse details of 108 pages Research Report developed on Global Electric Vehicles Market @ https://www.researchcosmos.com/reports/global-electric-vehicles-market-professional-survey-report-2018/6242139
What are the factors driving growth for the Electric Vehicles Market?
As per our report, the principal factor demanding the growth of the electric vehicle market is the increasing levels of pollution and carbon emissions around the world. Drive motor in these EVs runs faster than the internal combustion engine and the noise emissions are also low. However, electric vehicles have limited range due to the battery size and construction. Since the governments are offering subsidies and tax benefits, the market is likely to increase faster, which may lead to an increase in the global market in the forecast period.
Which region is leading the Global Electric Vehicles Market?
The Asia Pacific is the leading contributor to the global electric vehicle market due to the increasing adoption of these vehicles in the economies like Japan and China. The growing requirement to control pollution levels in these countries is supposed to fuel the market growth in the Asia Pacific.
Ask TOC included sample market brochure of the report to understand report usefulness @ https://www.researchcosmos.com/request/global-electric-vehicles-market-professional-survey-report-2/6242139
What are the companies dominating the World Electric Vehicles Market?
• BYD Company Limited
• Bayerische Motoren Werke Aktiengesellschaft
• Daimler AG
• Energica Motor Company S. p. A
• Ford Motor Company
• General Motors Company
• Nissan Motor Co. Ltd.
• Tesla Inc.
• Toyota Motor Corporation
• Volkswagen AG
Inquire more about the report @ https://www.researchcosmos.com/inquire/global-electric-vehicles-market-professional-survey-report-2/6242139
About Research Cosmos:
Research Cosmos is an aggregator of syndicated and bespoke market research, business intelligence and consulting services on gamut of sectors across the globe. We’re associated with world renowned publishers who when combined, serve hundreds of fortune listed companies and publish wide range of insightful reports which cover nook and corner of every industry vertical.
Contact Us:
Kevin Stewart
Sales Manager
Research Cosmos
www.researchcosmos.com
kevin@researchcosmos.com
# +1 888 709 8757
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