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Europe Electric Vehicle Market Top Key Players - VW Group, BMW Group, Tesla Motors, PSA Group, Renault-Nissan-Mitsubishi Alliance, Hyundai- KIA Motors, Sono Motors, StreetScooter GmbH
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EUROPE ELECTRIC VEHICLE MARKET DYNAMICS
• Future 95gmCo2/km fleet-average limiting WLTP emissions and expanding fast-charging networks across Europe will address range insecurity and promote EV understanding.
• Since the new rules in September 2019, taxation on PHEV company cars has increased on half of conventional vehicles (with a sticker price of 40,000 euros or more), while CO2-based taxation has skyrocketed in Germany, France and sales growth of PHEVs.
• Audi, PSA, BMW and Mercedes have a strong lineup of PHEVs in their pipelines with production after Q2 2020 (more than 20 PHEVs in 2019 2022) to meet the 95gm/km CO2 regulation in 2021.
EUROPE ELECTRIC VEHICLE MARKET SEGMENTATION
BY OEM
• BMW Group
• Daimler
• VW Group
• PSA Group
• FCA
• Other OEMs
BY COMPONENTS
• Traction Motor
• Battery
• Power electronics(OBC, DC-DC Converter, Inverter, Motor Controller)
BY VEHICLE TYPE
• Passenger Car
• Light Commercial Vehicles
• Bus
BY EV TYPE
• BEV
• PHEV
• HEV
• FCEV
ELECTRIC VAN MARKET IN EUROPE
• The major growth driver for the electric van market is that access restrictions in major European cities such as London and Madrid allow only plug-in vehicles to drive through the city.
• Most of the electric vans are available in two battery sizes (5055/7080 kWh) and are expected to offer ranges of 200 kilometers and 300 kilometers respectively under the new WLTP cycle. In the UK, which accounts for
• Europe van market, accounting for 15% of the total, electric van sales increased by around 3,200 units in 2019, accounting for only 1% of the overall van market. The best-selling electric vans were the Nissan NV200 Renault Kangu (including the Kangu Maxi), Peugeot Partners, and the LDVV80.
ELECTRIC VEHICLE CHARGING INFRASTRUCTURE IN EUROPE
• Netherlands (26%), Germany (19%), France (17%, United Kingdom (13%))-As of January 2021, it accounts for 63% of all EU public electric vehicle charging stations.
• Approximately 6,800 DC quick chargers Tesla holds more than 70% market share, of which more than 52% are Norway (15%), France (13%), Germany (12%), United Kingdom ( 11%) in 4 countries. See the report for more information on the DC quick charger market.
COMPETITIVE LANDSCAPE
• The European market is divided into multiple OEMs and is in a healthy competition. While Tesla sells only BEVs, the BMW lineup is entirely PHEVs, with the exception of the BMW i3 and Mini Electric. The Renault Nissan Mitsubishi Alliance holds three bestsellers and holds a 15% market share. The Tesla Model 3 was one of the most popular BEVs in 2019 and 2020.
• The VW brand, which accounts for 12% of new car sales in Europe, has responded positively to ID3 all electric, which has been released soon after EV development. hatchback. New models based on the MEB platform are on the market, including vans, crossovers and more.
COMPANY PROFILES
ELECTRIC CAR MANUFACTURERS
• VW Group
• BMW Group
• Tesla Motors
• PSA Group
• Renault-Nissan-Mitsubishi Alliance
• Hyundai- KIA Motors
• Sono Motors
• StreetScooter GmbH
Read More Information: https://mobilityforesights.com/product/europe-electric-vehicle-market/
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We envision the future of mobility every single day, following mobility domains is not just our profession rather it’s our passion. We are here, just to serve you in the most ideal way and your fulfillment is above everything else.
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