openPR Logo
Press release

Australia Electric Vehicle Market Share 2019: Trends, Key Players, Industry Analysis, Report to 2025

03-17-2021 12:47 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Australia Electric Vehicle Market Share 2019: Trends, Key

The Australian electric vehicle market is projected to grow at a CAGR of more than 11.0% during the forecast period (2019-2025). The factors that are driving the market include an increase in the sale of electric vehicles, a rising need for future energy requirements, and various incentives offered by the government.

The Australian government aims to have an all-electric vehicle by 2035 and also aim to have net-zero emission by 2050. The rising need for the future energy requirement and zero-emission is surging the demand for electric vehicles and also the government is planning for the adoption of Electric vehicles by 2030. The funding done by Australian Renewable Energy Agency (ARENA) and Clean Energy Finance Corporation (CEFC) government such as in February 2021, ARENA has allocated $1.6 million for energy infrastructure company Jemena to manage residential electric vehicle (EV) charging with other electricity networks include the ACT, Victoria and Tasmania.

(Get 15% Discount on Buying this Report)

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

Moreover, in 2019, only 6718 fully electric vehicle and plug-in hybrid electric cars were sold in the country which is only 1% of annual EV sales. Besides, in 2019, the sales of plug-in electric cars were 6,718 and in 2018 sales of electric vehicles were 2,216. The sales of electric vehicles in 2019 increased by 300% as compared to 2018. Besides, BMW Group Australia in October 2020 announced its tailored program for SMEs seeking to purchase a new BMW or MINI electric vehicle with a $1500 incentive for new vehicle purchases for company use.

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

Moreover, in November 2020, a new governing agreement inked between the Greens and Labor, under which a loan of up to $15,000 is provided for the purchase of electric vehicles. Thus, the government incentives increasing the sales of an electric vehicle by that the future energy requirement aim will be fulfilled.

Market Coverage

• Market number available for – 2018-2025
• Base year- 2018
• Forecast period- 2019-2025
• Segment Covered- By Vehicle Type, By Battery Type, By Propulsion Technology
• Region Covered- Australia
• Competitive Landscape- Tesla, Hyundai, Nissan, BMW, and Renault Group RE.

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?

Australia Electric Vehicle Market Report Segment

By Vehicle Type

• Commercial Vehicle
• Passenger Cars
• Two-Wheelers

By Propulsion Technology

• Battery Electric Vehicle
• Plug-in Hybrid Electric Vehicle

By Battery Type

• Li-Ion
• Others

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

Company Profiles

• BMW AG
• Hyundai Motor Co.
• Jaguar Land Rover
• Kia Motors Corp.
• Mitsubishi Motors Corp.
• Nissan Motor Co.
• Renault Group
• 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/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Australia Electric Vehicle Market Share 2019: Trends, Key Players, Industry Analysis, Report to 2025 here

News-ID: 2257763 • Views:

More Releases from Orion Market Research

Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sustainability Preferences
Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sust …
Hair accessories market was valued at $23.8 billion in 2024 and is projected to reach $55.2 billion in 2035, growing at a CAGR of 8.2% during the forecast period (2025-2035). Generation Z, with significant disposable income, is transforming the hair accessories category in a major way. Their close connection to trends creates a unique feeling of urgency to self-express through fashion, such as clips, scrunchies, and barrettes. It has become
Railway Management System Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Railway Management System Market Size Analysis, Competitive Insights, Leading Pl …
Railway System (or Railway Management System) market was valued at approximately USD 28.28 billion, and it is expected to reach about USD 45.19 billion by 2033, growing at a CAGR of around 4.8% from 2024 to 2033. Railway Management System Market Overview The Railway Management System market includes technologies and systems used to plan, monitor, and manage railway operations-everything from traffic and signaling systems to asset and maintenance management, passenger information,
Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Player …
Monocalcium Phosphate market was valued at about USD 4.2 billion, and it is anticipated to reach around USD 6.9 billion by 2033, growing at a CAGR of approximately 5% from 2023 to 2033. Monocalcium Phosphate Market Overview Monocalcium phosphate (MCP) is a calcium-phosphorus compound widely used in animal feed, fertilizers, and also in food and beverage applications (for example as leavening agent or acidity regulator), due to its solubility and bioavailability. The
Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Player …
Automotive Lubricants Market was valued at approximately USD 70.44 billion. By 2033, it is expected to reach around USD 107.09 billion, growing at a CAGR of about 3.3% from 2025 to 2033. Automotive Lubricants Market Overview The automotive lubricants market consists of products like engine oils, gear oils, greases, hydraulic fluids, and transmission fluids that reduce friction, wear and tear, and improve efficiency and lifespan of vehicle components. Demand is driven by

All 5 Releases


More Releases for Australia

Derila Memory foam pillow Australia: Honest Reviews About Derila Australia
Derila is one of the best memory foam pillows sold in Australia today. Priced at around 30 dollars (USD), derila is currently the most reviewed and the cheapest memory pillow available in Australia. What is Derila? Is Derila Pillow the best in Australia? Keep reading to discover everything worth knowing about Derila Australia. OVERVIEW Recently, Memory foam pillow has been trending and there is a lot of brands to choose from. Which one is
CeraCare Australia - Where to Buy Legit CeraCare Supplement in Australia?
CeraCare Australia - Ceracare is a glucose support supplement that proposes to augment cardiovascular prosperity and to stay aware of perfect glucose assimilation in Australia. CeraCare supplement is conceptualized and executed by a threesome – Christine, Dr. Jihn and Michael. It is a natural supplement that helps one stay aware of ideal glucose levels, cardiovascular prosperity, and glucose assimilation. Take Advantage of 80% Discount Offer in Australia >> https://boostsxproaustralia.com/ceracare-new The indications
Glucofort Australia - Where to Buy Legit Glucofort Supplement in Australia?
Glucofort Australia - Glucofort is an efficient, all-natural progressive glucose support supplement in Australia. This formula is made out of 12 key ingredients, 7 nutrients, and minerals, and a little of Vanadium. This supplement upholds regulated glucose levels and glucose digestion. Glucofort prides itself as the most inventive supplements available in Oceania, accentuating its solidarity, wellbeing, and quality. Take Advantage of 75% Discount Offer in Australia >> https://boostsxproaustralia.com/glucofort-new Rather than simply
Australia Agriculture Market, Australia Agriculture Industry, Australia Agricult …
Australia Agriculture has been as vital within the development of Australia, because it was within the United States. Australia's ancient dominance in wheat and sheep continues into the 21st century. Recently Australian agriculture has become more and more diversified. The considerable expanses of productive land have helped Australia to become a number one world exporter of grains, meats, and wool. Each grains (predominantly wheat and barley) and wool markets round
Australia Conveyor Maintenance Analysis by Top Companies Habasit Australia Pty l …
Global Australia Conveyor Maintenance Market and Competitive Analysis Know your current market situation! Not only a vital element for brand new products but also for current products given the ever-changing market dynamics. The study allows marketers to remain involved with current consumer trends and segments where they'll face a rapid market share drop. Discover who you actually compete against within the marketplace, with Market Share Analysis know market position, to push
Australia Conveyor Maintenance Market Analysis By Manufacturers Rema Tip Top Aus …
A conveyor system is a common piece of mechanical handling device that moves materials/objects from one location. A conveyor is often lifeline to a company’s ability to effectively move its products in a timely manner. While it is used constantly in a manufacturing plant, proper maintenance from trained technicians can extend the lifespan of conveyor. Furthermore, conveyor maintenance is essential as it may be subjected to different types of failures