Press release
Government Initiatives support Global Electric Vehicle Market Growth
Electric Vehicle Market
Browse 39 market data Tables and 39 Figures spread over 143 Pages, along with an in-depth analysis of the Global Electric Vehicle Market by Propulsion Type, End-Use, & by Geography.
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for existing players, new entrants, and future investors. The study presents a detailed market analysis with inputs from industry professionals across the value chain.
Global Electric Vehicle Market Scenario
Globally, governments and environmental organizations are establishing strict emission standards and rules to minimize car emissions in response to the growing environmental concerns. The major regulatory actions are strictly emission objectives for reducing the air's nitrogen oxides and carbon dioxide. For instance, the United States-EPA finalized updated national greenhouse gas emissions requirements for light trucks and passenger vehicles for Model Years 2023-2026 in December 2021. In addition to reducing other criterion pollutants, the final standards would result in considerable reductions in GHG emissions. Thus, such regulations will encourage customers to buy more fuel-efficient and clean energy vehicles and hence will also aid the growth of the electric vehicle market.
To promote EV sales, governments are implementing enticing subsidies and policies. Some governments also exempt imports, roads, purchases, etc., depending on policies. The initiative supports the market for electric buses, trucks, passenger cars, light commercial vans, etc. Additionally, governments are investing in infrastructure and other favorable policies.
The Global Electric Vehicle Market report provides data tables and includes charts and graphs for visual analysis.
Request Free Sample Report for Global Electric Vehicle Market by Propulsion Type, End-Use, & by Geography: https://inkwoodresearch.com/reports/global-Electric Vehicle-market/#request-free-sample
Market Segmentation
Market by End-Use
• Passenger Vehicles
• Commercial Vehicles
o Heavy Commercial Vehicles
o Light Commercial Vehicles
Market by Propulsion Type
• Plug-In Hybrid Vehicles
• Battery Electric Vehicle
• Fuel Cell Electric Vehicles
Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2030, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2030
Companies Profiled
• VOLKSWAGEN AG
• GENERAL MOTORS COMPANY
• BMW GROUP
• TOYOTA MOTOR CORPORATION
• BYD CO LTD
• XPENG
• LI AUTO
• TESLA INC
• FORD MOTOR COMPANY
• STELLANTIS NV
• NIO
Related Reports
GLOBAL ELECTRIC VEHICLE BATTERY MARKET - The global electric vehicle battery market is expected to surge with a 17.72% CAGR by 2028.
GLOBAL ELECTRIC VEHICLE CHARGING SYSTEM MARKET - The global electric vehicle charging system market is anticipated to accelerate with a 46.66% CAGR between 2021 and 2028.
Inkwood Research
169, Harrison Avenue
Boston, MA 02111
Tel: 1-(857)293-0150
Email: sales@inkwoodresearch.com
Website: www.inkwoodresearch.com
We at Inkwood research provide you with not just consulting services but also with syndicated and customized research reports which help advance your business further.
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 Government Initiatives support Global Electric Vehicle Market Growth here
News-ID: 2733703 • Views: …
More Releases from Inkwood Research
United States Wood Coatings Market Analysis 2024-2032
Inkwood Research states that the United States Wood Coatings Market is expected to achieve a compound annual growth rate (CAGR) of 5.02% during the forecast period of 2024-2032, with projected revenues reaching $xx million by 2032.
This growth is driven by a combination of factors, including increasing construction activities, rising consumer preference for aesthetically appealing wood products, and advancements in coating technologies.
Refer to the Report Summary Here: https://inkwoodresearch.com/reports/united-states-wood-coatings-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR
Prominent companies in the…
Rising Uptake of Industry 4.0 to Amp Motion Control Market Growth
As per a new market research report launched by Inkwood Research, the Global Motion Control Market is predicted to reach $26041.29 million by 2032, growing at a CAGR of 5.13% during the forecasting period, 2024-2032.
Refer to the Report Summary Here: https://inkwoodresearch.com/reports/global-motion-control-market-forecast-2024-2032/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects…
Rise in Golf Tourism to Elevate Golf Cart Market Growth
As per a new market research report launched by Inkwood Research, the Global Golf Cart Market is expected to grow at a CAGR of 5.68% during the forecasting period, 2024-2032.
Refer to the Report Summary Here: https://inkwoodresearch.com/reports/golf-cart-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by…
Government Rules to Promote the Growth of the Electric Vehicle Power Inverter Ma …
As per a new market research report launched by Inkwood Research, the Global Electric Vehicle Power Inverter Market is expected to reach $34868.78 million by 2032, growing with a CAGR of 14.36% during the forecasting period, 2024-2032.
Refer to the Report Summary Here: https://inkwoodresearch.com/reports/electric-vehicle-power-inverter-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all…
More Releases for Vehicle
Transformative Trends Impacting the Vehicle-to-Vehicle (V2V) Communication Marke …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
How Large Will the Vehicle-to-Vehicle (V2V) Communication Market Size By 2025?
The size of the vehicle-to-vehicle (V2V) communication market has seen significant expansion in the most recent years. The market is projected to surge from $24.28 billion in 2024 to $27.1 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 11.6%. The…
Electric Vehicle Motor Market : Battery Electric Vehicle, Plugin Hybrid Vehicle, …
According to the report published by Allied Market Research, the global electric vehicle motor market generated $5.5 billion in 2021, and is estimated to reach $34.4 billion by 2031, witnessing a CAGR of 20.3% from 2022 to 2031.
Asia-Pacific is expected to dominate the global electric vehicle motor market. An increase in vehicle population and a rise in vehicle standards fuel the growth of the Asia-Pacific market. Moreover, various technological…
Truck Platooning Market : Vehicle-to-infrastructure (V2I), Vehicle-to-vehicle (V …
According to a recent report published by Allied Market Research, titled,"Truck Platooning Market by Technology, Platooning Type, and Communication Technology: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global truck platooning market size was valued at $500.9 million in 2017, and is projected to reach $4,590.3 million by 2025, registering a CAGR of 32.4% from 2018 to 2025.
To Explore More, Download Sample Report: https://www.alliedmarketresearch.com/request-sample/5245
Global truck platooning market is segmented…
Electric Vehicle Motor Market : Battery Electric Vehicle, Plugin Hybrid Vehicle, …
According to a new report published by Allied Market Research, titled, "Electric Vehicle Motor Market," The global electric vehicle motor market was valued at $5.5 billion in 2021, and is projected to reach $34.4 billion by 2031, growing at a CAGR of 20.3% from 2022 to 2031.
Asia-Pacific is expected to dominate the global electric vehicle motor market. An increase in vehicle population and a rise in vehicle standards fuel the…
Electric Vehicle Power Inverter Market : Hybrid Vehicle, Plug in Hybrid Vehicle, …
The electric vehicle power inverter market was valued at $8.67 billion in 2021, and is estimated to reach $22.25 billion by 2031, growing at a CAGR of 10.4% from 2022 to 2031.
Download Sample Report at https://www.alliedmarketresearch.com/request-sample/9122
Factors that drive the growth of the electric vehicle power inverter market are increase in demand for electric vehicles, proactive government initiatives for the development of electric vehicle, and surge in demand for low-emission and…
Truck Platooning Market : Vehicle-to-infrastructure (V2I), Vehicle-to-vehicle (V …
The global truck platooning market size was valued at $500.9 million in 2017 and is projected to reach $4590.3 million by 2025, registering a CAGR of 32.4% from 2018 to 2025 by Technology (Adaptive Cruise Control (ACC), Blind Spot Warning (BSW), Global Positioning System (GPS), Forward Collision Warning (FCW), Lane Keep Assist (LKA), and Others), Platooning type (Driver-Assistive Tuck Platooning (DATP) and Autonomous Truck Platooning), and Communication Technology (Vehicle-to-infrastructure (V2I),…
