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Germany Battery Electric Vehicle Market to 2025, Future Outlook, COVID-19 Impact Analysis, Forecast 2019-2025

02-22-2021 09:32 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Germany Battery Electric Vehicle Market to 2025, Future

Germany battery electric vehicle market is projected to grow at a CAGR of more than 20% over the forecast period (2019-2025). Germany is one of the leading countries in Europe, where electric vehicle charging infrastructure is developing at a considerable pace, which is a primary factor driving the market growth. Various companies including the New Motion BV, Allego, Ionity, among others are operating substantial number of charging stations.

Further, the presence of Tesla in the country has given boost to the Germany battery electric vehicle industry. For instance, in December 2020, Tesla expanded the Supercharger site at Westerwaldpark near Oberhonnefeld, Germany by 20 charging stations of the latest generation V3. Further, from 2020, the German government had made it mandatory for all gas station to provide electric vehicle charging point as well which has been a major factor for the increasing adoption of battery electric vehicle in the country.

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A full report of Germany Battery Electric Vehicle Market is available at: https://www.omrglobal.com/industry-reports/germany-battery-electric-vehicle-bev-market

Further, the rising number of vehicle manufacturers including BMW, Mercedes, AUDI have started launching their top end IC engine models in form of battery electric vehicle as well, which is enticing a lot of consumers in the country. For instance, Audi announced in 2021 that it will launch its first electric SUV named Audi E-Tron with a price of $65,900 for basic model. The model is equipped with 300 kW of motor which produced 402 hp. Hence in coming years a rise in demand for battery electric vehicle is anticipated, which will drive the Germany battery electric vehicle market.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/germany-battery-electric-vehicle-bev-market

Market Coverage

• Market number available for – 2018-2025
• Base year- 2018
• Forecast period- 2019-2025
• Segment Covered- By Vehicle Type, By Battery Type
• Region Covered-Germany
• Competitive Landscape- BMW AG, Nissan Motor Co., Volkswagen AG, and others

Key Questions Addressed by the Report

• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment 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?

Germany Battery Electric Vehicle Market Report Segment

By Vehicle Type

• Commercial Vehicle
• Passenger Car
• Others

By Battery Type

• NiMH
• Li-ion
• Others

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/germany-battery-electric-vehicle-bev-market

Company Profiles

• Audi AG
• BMW AG
• BYD Auto Co., Ltd.
• Daimler AG
• Honda Motor Co., Ltd.
• Hyundai Motor Co.
• Jaguar Land Rover Ltd.
• Kia Motors Corp.
• Tesla, Inc.
• Volkswagen AG

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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