COVID-19 Impact on EV and EV Infrastructure Market 2020-2021: Tesla, BYD, BMW, Volkswagen, Nissan and Others.

According to Market Study Report, EV and EV Infrastructure Market provides a comprehensive analysis of the EV and EV Infrastructure Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, technological trends and emerging opportunities of global industry. This report also provides market landscape and market share information in the EV and EV Infrastructure Market. An exclusive data offered in this report is collected by research and industry experts team.

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Post COVID-19, the global electric vehicle and electric vehicle 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 expected to be down by 34% as compared to pre-COVID estimation. This report spread across 53 pages, profiling 05 companies and supported with 23 tables and 14 figures are now available in this research.

Top Key Players Profiled in the EV and EV Infrastructure Market:
o Tesla (US)
o BYD (China)
o BMW (Germany)
o Volkswagen (Germany)
o Nissan (Japan)

"Increasing adoption of electric buses likely to propel the growth of commercial vehicles during the forecast period."
Commercial vehicles are expected to be the fastest-growing segment within the market. Increasing adoption of electric buses, particularly in China and India, has contributed to the growth of the electric commercial vehicle segment. Several countries are expected to replace their existing fuel-based bus fleet with electric buses, which will, in turn, drive the growth of commercial electric vehicles during the forecast period.

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"Charging station market for electric vehicles to grow at the highest CAGR between 2020 and 2021."
The COVID-19 outbreak and the draconian measures deployed in China resulted in extensive disruptions to economic activities, which delivered a hard blow to the economy. Thus, most governments from affected regions have resorted to infrastructure rehabilitation as an economic stimulus method. The electric vehicle charging infrastructure sector has had a minimal impact from COVID-19. For instance, the Chinese government has announced stimulation packages toward boosting the development of a network of electric vehicle charging stations.

"The Asia Pacific market is expected to register the fastest growth during the forecast period."
The Asia Pacific market is expected to witness the fastest growth, followed by Europe and North America. The automotive industry in countries such as China, Japan, and South Korea is inclined toward innovation, technology, and the development of advanced electric vehicles. The increasing demand for reducing carbon emission and the development of more sophisticated and fast charging stations are expected to propel the growth of electric vehicles.

Breakdown of primary participants' profile:
o By Company Type: Tier I - 38%, Tier II - 37%,and Tier OEM - 25%
o By Designation: C Level - 30%, D Level - 50%,and Others - 20%
o By Region: North America - 31%, Europe - 32%, and Asia Pacific - 37%

Competitive Landscape And Covid-19
1 Introduction
2 Long-Term Impact On Electric Vehicle Companies & Their Ecosystem
2.1 Covid-19: Current Status And Upcoming Challenges
2.2 Covid-19: Long Term Impcat
3 Right To Win During Covid-19 Period
3.1 Strategic Alliances During Covid-19
3.2 A New Line Of Business Emerge: Ev Charging Equipment And Services
3.3 Strategic Investment During Covid-19
3.4 Winning Strategies To Gain The Market Momentum
3.4.1 Tesla's Strategies On Gaining The Market Momentum

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Research Coverage:
This report covers the COVID-19 impact on the electric vehicle and electric vehicle infrastructure market based on electric vehicle type, propulsion type, charging station type, and geography. A detailed analysis of the key industry players has been done to provide insights into their business, products, and services, and key strategies associated with the electric vehicle market

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