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European Electric Car Market: 2019 Analysis Report, Share, Trends, Overview 2019-2025

02-12-2021 10:23 AM CET | Logistics & Transport

Press release from: Orion Market Research

European electric car market is anticipated to exhibit considerable growth during the forecast period (2019-2025). High disposable income, favorable government policies, government subsidies, and continuous introduction of the new car models are some of the major factors to encourage electric cars across Europe. For instance, as per the European Automobile Manufacturers Association, in 2019, UK electric vehicle car sales augmented by 21.5% as compared to 2018 and reached more than 72,800 in 2019 from around 60,000 in 2018.

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A full report of European Electric Car Market is available at: https://www.omrglobal.com/industry-reports/european-electric-car-market

Charging infrastructure plays a key role in the sales of electric vehicles. To keep pace with the rising demand for electric cars to reduce carbon emission the region has created significant demand for established charging infrastructure. A lack of charging stations across the region is a key factor that may hamper the growth of electric car sales across the region. Hence, the investment in the installation of new charging stations across Europe is anticipated to accelerate the sales volume of electric cars owing to ease of access to the charging infrastructure. For instance, in March 2019, Ionity, the European electric vehicle charging joint venture of BMW, Daimler Volkswagen, and Ford announced its plans to install 400 loading stations with each having about 6 individual loading spots in Europe by the end of 2020.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/european-electric-car-market

Market Coverage

• Market number available for – 2018-2025
• Base year- 2019
• Forecast period- 2019-2025
• Segment Covered- By vehicle Type, By Propulsion Technology, By Battery Type
• Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
• Competitive Landscape- AB Volvo, Tesla Inc., Audi AG, Daimler AG, Groupe PSA, Tesla Inc.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

European Electric Car Market report Segment

By Vehicle Type

• Hatchback
• Sedan
• SUV

By Propulsion Technology

• Battery Electric Car
• Plug-in Hybrid Electric Car

By Battery Type

• NiMH
• Li-ion
• Others

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/european-electric-car-market

European Electric Car Market Report- By Geography

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Company Profiles

• AB Volvo
• Audi AG
• BMW AG
• Volkswagen AG
• Daimler AG
• Ford Motor Co.
• General Motors Co.
• Groupe PSA
• Hyundai Motor Co.
• Jaguar Land Rover Ltd.
• Kia Motors Corp.
• Mitsubishi Motors Corp.
• Nissan Motor Co.
• Renault Group
• SAIC Motor Co. Ltd.
• Tesla, Inc.

Reasons to Buying From us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit https://www.omrglobal.com

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