Electric Vehicle Market: Analysis Report, Share, Trends and Overview 2019-2025

The global electric vehicle market is projected to grow at a considerable CAGR of more than 20.0% during the forecast period (2019-2025). The growing sales of electric vehicles globally due to increasing charging infrastructure and government initiatives are the key factors that are propelling the growth of the market. According to the Global EV Outlook 2020, the sale of electric cars in 2018 was 7.2 million, which is higher than the sale of electric cars in 2019 which stood at 2.1 million globally. In 2019, In the US, the sales of electric cars were 1.1 million, in Europe 1.2 million units, while 2.3 million units of electric cars were sold in China.

(Get 15% Discount on Buying this Report)

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

Apart from this, there were around 7.3 million electric vehicle chargers available globally in 2019 out of which around 6.3 million chargers were private, light-duty vehicle chargers at home, and others. The availability of charging infrastructure globally is supporting the growth of the electric vehicle industry globally.

Moreover, in 2018, around 460,000 electric buses were available globally and China is a global leader in electric buses that aims to have its public transport electrified by 2040. Besides, Europe received an investment worth $72.42 billion by the government for producing electric vehicles and batteries in 2019. Thus, the adoption of electric vehicles is increasing sales globally, and also charging infrastructure is supporting the growth of the EV market.

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

Market Coverage

• Market number available for – 2018-2025
• Base year- 2018
• Forecast period- 2019-2025
• Segment Covered- By Vehicle Type, By Propulsion Technology, and By Battery Type
• Region Covered- North America, Europe, Asia-Pacific, Rest of the world
• Competitive Landscape- BMW AG, Audi AG, Ford Motors Co., Jaguar Land Rover, Tesla, Inc, 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?

Global Electric Vehicle Market Report Segment

By Vehicle Type

• Commercial Vehicles
• Passenger Cars
• Two-Wheelers

By Propulsion Technology

• Battery Electric Vehicle
• Plug-in Hybrid Electric Vehicle

By Battery Type

• NiMH
• Li-ion
• Others

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

Electric Vehicle Market– Segment by Region

North America

• United States
• Canada

Europe

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

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• AB Volvo
• Alcraft Motor
• Audi
• BMW AG
• Daimler AG
• Fiat Chrysler Automobiles N.V
• Ford Motor Co.
• General Motors Co.
• Honda Motor Co., Ltd.
• Hyundai Motor Co.
• Kia Motors Corp.
• Lucid Motors, Inc.
• Mitsubishi Motors Corp.
• Nissan Motor Co.
• Renault Group
• Tata Motors Ltd.
• Tata Motors Ltd. (Jaguar)
• Tesla, Inc.
• Volkswagen AG
• WM Motor Technology Co Ltd

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/

This release was published on openPR.