Press release
Navigating the Future: In-Depth Research on the Mini Electric Vehicle (Mini EV) Market 2023-2029
Mini Electric Vehicle (Mini EV) Market
The latest report provides information about the global Mini Electric Vehicle (Mini EV) market and forecasts the growth prospects and industry trends that could emerge between 2023 and 2029. Future growth was calculated by considering the current growth rate and the entire market size. The Mini Electric Vehicle (Mini EV) Market report offers in-depth qualitative and quantitative insights on the industry's potential, and Future Scopes available to Mini Electric Vehicle (Mini EV) Market.
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https://www.marketinsightsreports.com/reports/082812896710/global-mini-electric-vehicle-mini-ev-market-growth-trends-and-forecast-2023-to-2028-by-types-by-application-by-regions-and-by-key-players-saic-gm-wuling-bmw-polaris-saic/inquiry?MODE=ARCHER2.O
The global Mini Electric Vehicle (Mini EV) Market size was valued at USD 7.27 billion in 2022 and is expected to be worth USD 8.10 billion in 2023. The market is projected to be valued at USD 18.05 billion by 2030, recording a CAGR of 12.14% during the forecast period.
Significant Players Covered in the Mini Electric Vehicle (Mini EV) Market Report:
SAIC-GM-Wuling, BMW, Polaris, SAIC, CCAG, Dongfeng, BAIC, JAC, Chery, Geely
INDUSTRY DEVELOPMENTS:
BMW adds EV battery capacity in Germany to ramp up electric Mini Countryman production-
After releasing plans to scale EV and battery production in the US, BMW announced Thursday it would also be adding a new battery assembly line and new cell varnishing lines at its plant in Leipzig, Germany. The luxury automaker says the batteries will be used for its fully electric Mini Countryman crossover.
Additional EV battery capacity coming to BMW
Earlier this week, reported BMW was moving production of its electric Mini models from the UK to Germany and China to streamline production.
Now the luxury German automaker is announcing it will be adding additional battery capacity ahead of several highly anticipated Mini EV launches. The 100% electric version of the Mini Countryman is expected to debut in 2023, which will also be produced at the Leipzig plant in Germany.
The news comes just days after BMW announced it would expand EV and battery manufacturing in the US with a new $1.7 billion investment; $1 billion will go toward expanding its Spartanburg plant in South Carolina. On the other hand, the additional $700 million will be used to establish a new high-voltage battery assembly facility in nearby Woodruff, NC.
BMW expects to sell between 240,000 and 245,000 EVs this year, doubling its 2021 numbers and achieving its target of 10% overall sales. By 2030, BMW plans to generate 50% of its total sales from electric vehicles. In comparison, German rivals Mercedes-Benz is looking to go all-electric by 2030, and Audi will transition to fully electric by 2026.
Market Segmentation: By Type
PHEV
BEV
Market Segmentation: By Application
Home Use
Commercial Use
Regional Analysis for Mini Electric Vehicle (Mini EV) Market:
North American Market (USA, Canada, North America, Mexico),
European Market (Germany, France, UK, Russia, Italy),
Asia Pacific Market (China, Japan, South Korea, Asian Countries, India, Southeast Asia),
South American Market (Brazil, Argentina), Colombia, etc.),
Middle East and Africa Market (Saudi Peninsula, UAE, Egypt, Nigeria, South Africa)
Read the full analysis report for a better understanding (description, TOC, list of tables and figures, and much more):
https://www.marketinsightsreports.com/reports/082812896710/global-mini-electric-vehicle-mini-ev-market-growth-trends-and-forecast-2023-to-2028-by-types-by-application-by-regions-and-by-key-players-saic-gm-wuling-bmw-polaris-saic?MODE=ARCHER2.O
The research provides answers to the following key questions:
-What is the projected market size of the Mini Electric Vehicle (Mini EV) market by 2029?
-What will be the normal portion of the overall industry for impending years?
-What is the significant development driving components and restrictions of the worldwide Mini Electric Vehicle (Mini EV) market across different geographic?
-Who are the key sellers expected to lead the market for the appraisal time frame 2023 to 2029?
-What is the moving and arising advances expected to influence the advancement of the worldwide market?
-What are the development techniques received by the significant market sellers to remain ahead on the lookout?
Key Insights of the Mini Electric Vehicle (Mini EV) Market Report:
Proper understanding of the current market situation and trends.
Availability of detailed prices information (current and historical).
Useful data on countries positions in global market.
Search for partners or data on current and potential competitors.
Thorough market forecast for planning.
Key Benefits for Industry Participants and Stakeholders
Competitive landscape and strategies of key players
Historical, current, and projected market size, in terms of value
In-depth analysis of the Mini Electric Vehicle (Mini EV) Market
Potential and niche segments and regions exhibiting promising growth covered
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Table of Contents:
Chapter 1 Mini Electric Vehicle (Mini EV) Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region.
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Mini Electric Vehicle (Mini EV) Market Forecast
CUSTOM SERVICES AVAILABLE WITH THE REPORT:
- 20% free customization.
- You can add 5 countries according to your choice.
- You can add 5 companies according to your choice.
- Free customization up to 40 hours.
- 1-year post-delivery support from the date of delivery.
OUR REPORT DATE OFFERS:
Customs Data - Detailed Data covers 100% complete
customs-based data with Importer and Exporter Details along with other shipment
information.
Statistical Data - Statistical Data does not contain
Companies' Names but it has other useful information such as Quantity, Country,
Price, etc.
Transit Data - Transit Data covers information of
import-export shipments of the land locked countries, which pass through
different customs territories.
Mirror Data - Mirror Data contains information, which
is reported by partner countries of countries that do not report their trade
data.
WE HAVE HISTORICAL DATA ALSO OF THESE COUNTRIES FROM JANUARY 2012 ONWARDS TO FUTURE MONTHS. WE UPDATE OUR DATABASE IN EVERY 35 DAYS (depend upon countries)
"We offer data for more than 195 nations. This is far greater than any other company at the moment and the largest number in the market". The report can be customized according to the client's requirements. Get in touch with our sales experts ( sales@marketinsightsreports.com ) and we'll make sure you get a report that fits your needs.
Do You Have Any Queries or Specific Requirements? Ask Our Industry Expert:
https://www.marketinsightsreports.com/reports/082812896710/global-mini-electric-vehicle-mini-ev-market-growth-trends-and-forecast-2023-to-2028-by-types-by-application-by-regions-and-by-key-players-saic-gm-wuling-bmw-polaris-saic/inquiry?MODE=ARCHER2.O
Irfan Tamboli (Head of Sales) -
Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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