World's Largest Top 15 Electric Vehicle (EV) Companies 2023 - IMARC Group

Global Electric Vehicle (EV) Industry Overview 2023:

Electric vehicles (EVs) refer to self-propelling automobiles used to transport goods and passengers from one place to another. They comprise battery electric vehicles (BEVs), hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs), etc. EVs run on the energy stored in batteries and are charged by self-charging devices, including turbochargers and regenerative braking systems, that can convert kinetic power into electrical energy. They do not emit tailpipe emissions, reduce the dependency on oil, and are more economical to operate than traditionally utilized automobiles. Therefore, EVs are gaining immense traction across the globe.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/electric-vehicles-market/requestsample

How Big is the Electric Vehicle Market:

• Market Size Value in 2022: 18.1 Million Units
• Industry Revenue Forecast in 2028: 148.4 Million Units
• Growth Rate: CAGR of 41.2%
• Base Year of Estimation: 2022
• Historical Data: 2017-2022
• Future Forecast Period: 2023-2028

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐂𝐨𝐧𝐭𝐞𝐧𝐭𝐬, 𝐚𝐧𝐝 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐅𝐢𝐠𝐮𝐫𝐞𝐬: https://www.imarcgroup.com/electric-vehicles-market

Global Electric Vehicle (EV) Industry Driving Factors and Future Demand Analysis:

The rising urbanization levels, the expanding automotive sector, and the shifting consumer preferences toward hybrid and self-propelling automobiles are among the key factors stimulating the electric vehicle market. Moreover, the increasing consciousness about maintaining ecological sustainability and the growing concerns among the masses about the detrimental environmental effects, on account of emissions of greenhouse gases (GHGs), are acting as significant growth-inducing factors. Besides this, the launch of favorable government initiatives encouraging sustainable development is also propelling market growth. Furthermore, the improving electronic charging infrastructure and the integration of magnetic resonance for wireless vehicle charging are positively influencing the global market.

Apart from this, the top companies, such as Bayerische Motoren Werke AG, Ford Motor Company, General Motors, Honda Motor Company, Hyundai Motor Company, Nissan, Renault, SAIC Motor, Volkswagen, etc., are entering into strategic partnerships to expand their consumer base, which is further fueling the market growth. Additionally, the incorporation of EVs with advanced technologies, including GPS navigation, remote sensors, and anti-theft locking systems, is also driving the global market. In addition to this, numerous investments by leading market players in extensive research and development (R&D) activities are anticipated to fuel the electric vehicle market over the forecasted period.

𝐁𝐲 𝐈𝐌𝐀𝐑𝐂 𝐆𝐫𝐨𝐮𝐩, 𝐭𝐡𝐞 𝐭𝐨𝐩 𝟏𝟓 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐖𝐨𝐫𝐥𝐝 𝟐𝟎𝟐𝟑:

• 𝐁𝐚𝐲𝐞𝐫𝐢𝐬𝐜𝐡𝐞 𝐌𝐨𝐭𝐨𝐫𝐞𝐧 𝐖𝐞𝐫𝐤𝐞 𝐀𝐆
• 𝐁𝐘𝐃 𝐀𝐮𝐭𝐨
• 𝐂𝐡𝐞𝐫𝐲
• 𝐃𝐚𝐢𝐦𝐥𝐞𝐫 𝐀𝐆
• 𝐅𝐨𝐫𝐝 𝐌𝐨𝐭𝐨𝐫 𝐂𝐨𝐦𝐩𝐚𝐧𝐲
• 𝐆𝐞𝐞𝐥𝐲
• 𝐆𝐞𝐧𝐞𝐫𝐚𝐥 𝐌𝐨𝐭𝐨𝐫𝐬
• 𝐇𝐨𝐧𝐝𝐚 𝐌𝐨𝐭𝐨𝐫 𝐂𝐨𝐦𝐩𝐚𝐧𝐲
• 𝐇𝐲𝐮𝐧𝐝𝐚𝐢 𝐌𝐨𝐭𝐨𝐫 𝐂𝐨𝐦𝐩𝐚𝐧𝐲
• 𝐍𝐢𝐬𝐬𝐚𝐧
• 𝐑𝐞𝐧𝐚𝐮𝐥𝐭
• 𝐒𝐀𝐈𝐂 𝐌𝐨𝐭𝐨𝐫
• 𝐓𝐞𝐬𝐥𝐚 𝐈𝐧𝐜.
• 𝐓𝐨𝐲𝐨𝐭𝐚 𝐌𝐨𝐭𝐨𝐫 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧
• 𝐕𝐨𝐥𝐤𝐬𝐰𝐚𝐠𝐞𝐧

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐁𝐥𝐨𝐠 𝐟𝐨𝐫 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐀𝐛𝐨𝐮𝐭 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐚𝐧𝐝 𝐃𝐚𝐭𝐚: https://www.imarcgroup.com/electric-vehicles-manufacturers-companies

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Explore the Latest Research Reports:

• Educational Robot Market Report: https://www.imarcgroup.com/educational-robot-market

• Electrophysiology Devices Market Report: https://www.imarcgroup.com/electrophysiology-devices-market

• Handbag Market Report: https://www.imarcgroup.com/handbag-market

• Digital Signage Market Report: https://www.imarcgroup.com/digital-signage-market

• Interactive Projector Market Report: https://www.imarcgroup.com/interactive-projector-market

• Thermal Energy Storage Market Report: https://www.imarcgroup.com/thermal-energy-storage-market

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company's expertise.

This release was published on openPR.