North America Electric Car Market by Type, Technology, Battery Voltage, Drivers, Challenges, Competitive Landscape, Growth and Demand including Key Players(Chevrolet Bolt, Nissan Leaf and Tesla S) | Forecast 2013-2025

North American electric car market is witnessing a significant growth over the last few years. The U.S. and Canada are the main countries in the region accounting for majority of sales. Plug-in electric cars are more preferred in the region compared to battery operated ones. Moreover, the preference of cars varies significantly from state to state. For instance, the customers in the north-eastern region of the U.S. prefer electric cars with higher capabilities and range.

Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/north-america-electric-car-market/report-sample

Government support in the form of incentives and subsides is a major factor benefiting the sales of electric cars in the region. For instance, the U.S. federal government provide income tax credit up to $7,500 based on the battery size. Apart from this, there are other state level incentives, often in the form of rebates. In Canada, there are funds such as Sustainable Development Technology Fund to support the growth of electric vehicles.

Explore Full Report Description At@ https://www.psmarketresearch.com/market-analysis/north-america-electric-car-market

Lack of sufficient number of recharging stations is a major constraint for the electric car market growth. There are around 16,000 public recharging stations in the U.S., with majority being slow charging stations. Moreover, these too are unevenly distributed and concentrated in only the key cities. More recharging stations along with fast DC recharging stations would be required over the forecast period to match the projected sales of electric cars.

Make Enquiry Before Buying the Report@ https://www.psmarketresearch.com/send-enquiry?enquiry-url=north-america-electric-car-market

Most sales of electric cars are concentrated in key cities along the west coast of North American region. The competition in the industry is increasing with more car companies entering in the market and introducing newer models. The market is organised with the top international players such as General Motors, Nissan and Tesla dominating the sales. The popular electric cars in the U.S. includes Chevrolet Bolt, Nissan Leaf and Tesla S, accounting for close to one-third of sales.

About P&S Intelligence
P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

Contact:
P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

This release was published on openPR.