UK Battery Electric Vehicle (BEV) Market Share, Trends, Size, Research and Forecast 2019-2025
A full report of UK Battery Electric Vehicle (BEV) Market is available at: https://www.omrglobal.com/industry-reports/uk-battery-electric-vehicle-bev-market
The market is segmented on the basis of vehicle type and battery type. Based on vehicle type, the market is segmented into commercial vehicles, passenger cars, and others. The passenger vehicle market is forecast to have a major market during the forecast period. On the basis of battery type, the market is sub-segmented into NiMH, Li-Ion, and others. Li-ion battery BEVs is forecast to hold a major market share during the forecast period.
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Some of the major companies contributing to the market include Arrival Ltd., Audi AG, BMW AG, BYD Auto Co., Ltd., Daimler AG, Honda Motor Co., Ltd., Hyundai Motor Co., Jaguar Land Rover Ltd., Kia Motors Corp., Nissan Motor Co., Renault Group, Tesla, Inc., Volkswagen AG, and others. The market players are considerably contributing to the market growth by adopting various growth strategies including new product launch, merger and acquisition, collaborations with government, and technological advancements to stay competitive in the market. For instance, in January 2020, Hyundai and Kia invested around $112 million in a UK electric vehicle startup Arrival Ltd. After the investment, the company's value reached around $3.4 billion. The investment is a part of the $35 billion commitment of Hyundai in the self-driving technology and electric vehicle technology and to bring 23 electric vehicles by 2025.
Visit for Global Battery Electric Vehicle (BEV) Market Report at: https://www.omrglobal.com/industry-reports/battery-electric-vehicle-bev-market
UK Battery Electric Vehicle (BEV) Market- Segmentation
by Vehicle Type
o Passenger Car
o Commercial Vehicle
by Battery Type
o Arrival Ltd.
o Audi AG
o BMW AG
o BYD Auto Co., Ltd.
o Daimler AG
o Honda Motor Co., Ltd.
o Hyundai Motor Co.
o Jaguar Land Rover Ltd.
o Kia Motors Corp.
o Nissan Motor Co.
o Renault Group
o Tesla, Inc.
o Volkswagen AG
o General Motors
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