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Electric Vehicle Range Extender Market by Type (Fuel Cell Range Extender, ICE Range Extender, Others), by Component (Battery Pack, Power Converter, Generator, Electric Motor), by Vehicle Type (Passenger Vehicle, Commercial Vehicle), and Geography - Foreca

12-10-2020 08:00 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: i2i Research LLP

Electric Vehicle Range Extender Market by Type (Fuel Cell Range

The Electric Vehicle Range Extender Market was valued at US$ 915.38 million in 2019 and is projected to reach US$ 1673.36 million by 2025, at a CAGR of 9 percentage during the forecast period. In this study, 2019 has been considered as the base and 2020 to 2025 as the forecast period to estimate the market size for Electric Vehicle EV Range Extender Market.
Standard battery packs are expected to have a life expectancy of up to five years, which is higher than that offered by other components. Manufacturers are focused on developing new battery technologies to significantly reduce the cost of battery packs. This is expected to drive the adoption of standalone battery packs.
North America is the largest market for EV range extenders. This trend was due to several key factors such as significant adoption of hybrid and pure EVs, increasing demand for improved battery range.
Recent Developments in the Industry
• Governments across countries such as China, U.S., and Germany are offering tax rebates and other incentives for the purchase of low/zero emission range extender electric cars.
• In 2017, Magna International, Inc. launched its first fuel cell range extender at the Geneva auto show.

Report Link
For more details on “Electric Vehicle Range Extender” Market Report:
https://i2iresearch.com/report/electric-vehicle-ev-range-extender-market-report-global-regional-industry-forecast-2019-2025/
What this report Offers
This report covers an in-depth analysis of the Electric Vehicle Range Extender market including statistical and qualitative data points with emphasis on the market dynamics including the drivers, opportunities & restraints.
There is a coverage of market dynamics at country level in the respective regional segments. The report comprises competitive analysis with focus on key players and participants of Electric Vehicle Range Extender market covering in-depth data related to competitive landscape, positioning, company profiles, key strategies adopted and product-profiling with focus on market growth and potential.

To avail a copy of the sample of the Electric Vehicle Range Extender Market Report:
https://i2iresearch.com/report/electric-vehicle-ev-range-extender-market-report-global-regional-industry-forecast-2019-2025/

Key Segmentations in this report

The Electric Vehicle EV Range Extender Market can be split based on product types, major applications and regions.
Electric Vehicle (EV) Range Extender Market, By Type:
• Fuel Cell Range Extender
• ICE Range Extender
• Others
Electric Vehicle (EV) Range Extender Market, by Component:
• Battery Pack
• Power Converter
• Generator
• Electric Motor

Electric Vehicle (EV) Range Extender Market, by Vehicle Type:
• Passenger Car
• Commercial Vehicle

For a detailed table of content of the Electric Vehicle Range Extender Market Report:
https://i2iresearch.com/report/electric-vehicle-ev-range-extender-market-report-global-regional-industry-forecast-2019-2025/

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