Press release
Switzerland Electric Car Market 2020 Trends, Research Report, Growth, Opportunities, Forecast to 2026
Switzerland Electric Car Market is anticipated to grow with a significant CAGR of 21% during the forecast period (2019-2025). Growing demand for zero-emission vehicles, stringent government regulations and rising charging infrastructure across the country are major factors that are expected to propel the Switzerland electric car market.(Get 15% Discount on Buying this Report)
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In 2018, just 2% of all passenger cars on Swiss roads were electric or hybrid vehicles and just 0.4% had a pure electrical propulsion system. However, from 2019 onwards the electric vehicle sales witnessed a spike as more than 5,000 electric vehicles have been sold in Switzerland, accounting for around 4% of all new registrations. In addition, for the first time ever, 2019 saw the electric car as the best-selling vehicle, namely the latest Tesla Model 3. In September 2020 the "plug-in vehicles" i.e. electric and hybrid cars, even surpassed the 10% mark for new vehicles according to Autoswiss.
A Full Report of Switzerland Electric Car Market is Available at: https://www.omrglobal.com/industry-reports/switzerland-electric-car-market
Further, the increasing number of charging stations and advent of new charging point operators is expected to further drive the Switzerland electric car market in near future. The Electric Vehicle Club Switzerland, a private group of electric vehicle users, has strongly promoted public charging facilities. According to its scheme, payment of an annual contribution allows EV users access to the 120 "park & charge" charging stations. However, lack of government contribution regarding development of charging infrastructure is expected to challenge the market growth.
Market Coverage
The market number available for – 2018-2025
Base year- 2018
Forecast period- 2019-2025
Segment Covered- Vehicle Type, Propulsion Technology, Battery Type
Region Covered- Switzerland
Competitive Landscape- Honda Motor Co., Ltd., BMW AG, AB Volvo, Audi AG, Hyundai Motor Co.
Switzerland Electric Car Market Report Segment
By Vehicle Type
Hatchback
Sedan
SUV
By Propulsion Technology
Battery Electric Cars
Plug-in Hybrid Electric Car
By Battery Type
NiMH
Li-Ion
Others
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
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.
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