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40% Growing Opportunity by 2023 in the North America Automotive High-performance Electric Vehicles Market: Key Vendors - BMW, Daimler, General Motors, Nissan, Ford, Renault, Rimac, Tesla Motors, Kia, Mitsubishi

11-23-2018 11:25 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Prognosis

Market Highlights:
The North America automotive high-performance electric vehicles (EV) market is expected to register a CAGR close to 40% during 2018 to 2023 (the forecast period). Electric high-performance vehicles can be differentiated from other EVs on aspects, including longer range of distance i.e., over 150 miles in a single charge, high acceleration, and their ability to attain a speed of over 90 miles per hour with faster acceleration of 0 to 60 miles per hour, unlike that of EVs, which can range at speeds varying from 40-65 miles per hour. While purely electric cars do have some limitations, usually including lower range and higher weight, unlike normal gasoline powered cars, they do hold the advantage of having all of their torque available from a standstill. An electric high-performance vehicle (EHPV) is propelled by electricity, and is equipped with advanced electric vehicle powertrain components and Li-ion batteries with high energy density. Growing awareness about vehicle emissions, lower operating and maintenance costs, along with increasing government initiatives to encourage the use of electric vehicles, will also help in driving the growth of high-performance electric vehicles significantly.

Detailed Sample Copy of Updated Analysis @ https://marketprognosis.com/sample-request/15730
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Key Developments in the Market
• March 2018: The new BMW MotorradBoxerCup to start in spring 2018.
• March 2018: Tesla Roadster rival Rimac to partner with China for battery and electric motor factory.
• January 2018: Kia motors launched 4d virtual test drives for the all-new stinger sports sedan.

Major Players:
BMW, Daimler, General Motors, Nissan, Ford, Renault, Rimac, Tesla Motors, Kia, Mitsubishi, Peugeot, Volkswagen, Venturi, amongst others.

Reasons to Purchase this Report
• The report analyses how the increasing climate change concerns will impact automotive high-performance electric vehicles market
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• The vehicle type that is expected to dominate the market
• The countries that are expected to witness the fastest growth during the forecast period
• Identify the latest developments, market shares, and strategies employed by the major market players
• 3 months analyst support, along with the Market Estimate sheet (in Excel)

Request Discount on this repots @https://marketprognosis.com/discount-request/15730
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North America is leading the global market in the manufacture of these vehicles. The government and private players are focused on providing battery electric vehicles and using eco-friendly transport, resulting in increased demand for EHPV. Initiatives taken by the governments of various countries, to increase adoption of electric vehicles, like that of building convenient charging stations, have added to the growth of the EHPV market in the region. EVs are also exempted from excise tax, which varies from 6-8% (depending on the vehicle weight) in various states of the region. Tesla pioneered the concept of EHPV, supporting and encouraging their development. They are developing cost-effective but high-performance electric vehicles to leverage the adoption of electric vehicles in the region. The company hopes that the initiative will spur consumer acceptance and create a network of supporting businesses, such as EV charging stations and service centers. The high cost of ownership, coupled with lack of adequate charging infrastructure in many countries, is one of the challenges that the market can face in the forecast period.

Enquiry Before Buying@ https://marketprognosis.com/enquiry/15730
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About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:
ProgMarkPvt Ltd,
Thane - 421501
India.
Contact No:+1 973 241 5193
Email: sales@marketprognosis.com

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