Global Electric Vehicle Market Projected to Reach $1.5 trillion by 2025 | Aston Martin, BAIC, BYD, BMW, Chrysler, Dongfeng, Daimler, Energica Motor Company, FAW, Ford

The global electric vehicle market at $39.8 billion in 2018 is projected to reach $1.5 trillion by 2025. Units sales are anticipated to reach 97 million vehicles worldwide by 2025. EV sales worldwide at 2.7 million vehicles in 2018 will go to 11 million in 2020.

Personal Electric Vehicles: Publisher study: Market Shares, Strategies, and Forecasts, Worldwide, 2019-2025. Worldwide EV markets are poised to achieve unprecedented growth ascaars with electric motors replace the internall combustion engine in cars. As EVs take hold and countries discover that wind generated energy is the most efficient to be had, the EV grows very quickly.

Personal Electric Vehicle EV Car manufacture promises to replace gasoline engine cars by 2025. Electric cars leverage new battery technology to achieve better cost benefit ratios. Electric vehicles provide a positive ROI to owners because the cost of recharging batteries is significantly less than the cost of gasoline for similar mileage driven.
Electric car markets bring lower costs and higher value when battery technology is modernized. As lithium ion battery cathodes undergo rapid improvement, the lower cost batteries make electric vehicles less expensive than gas powered vehicles. Electric cars cost less than ICE engine cars, finally. Electric cars do require battery replacement after 5 years.

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Companies Profiled:

Aston Martin
BAIC
BYD
BMW
Chrysler
Dongfeng
Daimler
Energica Motor Company
FAW
Ford
JLR
Geely
GM
Cadillac
Honda
NIO
Nissan
Renault Nissan & Mitsubishi Alliance
Panasonic
Porsche
SAIC Motor
Tesla
Toyota
Volkswagen
Volvo

Global warming has become a serious issue. Consumers have become aware of the need to embrace renewable energy programs directly. The UK is in danger of completely running out of fresh water in 10 years. The high school students are protesting global warming every Friday - worldwide. Nebraska farmers and Iowa voters are fearful about global warming. Consumers are beginning to demand electric vehicles. Personal Electric Vehicle EV Cars that depend on efficient lithium ion batteries have finally begun to tow the mark with regard to addressing global warming.

Electric cars leverage new battery technology to achieve better cost benefit ratios. Electric car markets bring lower costs and higher value when battery technology is modernized. As lithium ion battery cathodes undergo rapid improvement, the lower cost batteries make electric vehicles less expensive than gas powered vehicles. Electric vehicles provide a positive ROI to owners because recharging batteries is significantly less than the cost of gasoline for similar mileage driven. Electric cars cost less than ICE engine cars, finally. Electric cars do require battery replacement after 5 years.

Over the last several years, electric vehicles have entered the mainstream, and the market segment is expected to grow creating radical changes in personal transport. How the segment unfolds is still to be decided, but all signs point to a situation creating 36% of the cars on the road are electric by 2025. By that time, all of the cars manufactured will be electric. Automakers and suppliers are dramatically expanding electrified offerings to achieve gains in fuel efficiency, reductions in emissions, and modernization of the model offerings.

As market participants to establish positions in the electric personal vehicle offerings. the leadership positions are shifting. With the advent of Tesla selling cars over the internet, even the distribution channels threaten to shift dramatically. Industry leadership by Tesla has been achieved by making significant investment in manufacturing and battery infrastructure to facilitate the shift to a next generation of automotive transport.

Automotive manufacturers and suppliers are making a concerted shift away from the internal combustion engine to fully electric vehicles. To retain profitability, companies are improving the efficiency of electric vehicles. The vendors are working to reduce the cost of core components, particularly the traction motors and power electronics.
Vehicles require electric drive motors, generators, and power electronics for alternating current-direct current (AC-DC) conversion as well as DC voltage conversion to support multiple vehicle subsystems.

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Table of Contents:

1. ELECTRIC CARS MARKET DEFINITION AND MARKET DYNAMICS 24

2. ELECTRIC CARS MARKET SHARES AND MARKET FORECASTS 35

3. ELECTRIC CARS: PRODUCT DESCRIPTION 120
3.1 Electric Vehicles 120
3.1.1 Nations and Cities Globally Moving to Electric Vehicles 121
3.1.2 California Seeks to Ban Gas Burning Vehicles 121
3.1.3 Activity worldwide for Full Phase-Out of Diesel And Gasoline Engines 122
3.2 EV Battery Manufacturing 123
3.3 Electric Vehicle Infrastructure Spending by Manufacturers 125
3.3.1 Transport as a Service (TaaS) 128
3.3.2 Charging Stations 130

4. ELECTRIC CARS, VEHICLES, RESEARCH, AND TECHNOLOGY 131
4.1 Chinese Electric Vehicles 131
4.2 Electric Car Features 135
4.3 Solid State Battery Technology 138
4.4 Battery Charging 139
4.4.1 Battery Technology Assisted by Heated Seats and Heated Steering Wheel 140
4.4.2 Battery Capacity of an EV 140
4.5 Power Supply Information Center 140
4.6 Lithium Ion Batteries 143

5. ELECTRIC CARS TRUCKS COMPANY PROFILES 145

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This release was published on openPR.