Press release
France Electric Vehicle Market to Reach USD 252.69 thousand units by 2027, emerging at a CAGR of 20 percent and forecast 2021-2027
France Electric Vehicle Market
France stands as the largest market for electric vehicles in Europe, primarily attributed to the remarkable success of Renault Kangoo and Zoé. The ongoing development of electric vehicles in France continues to benefit from numerous government incentives, including conversion bonuses and financial support. Despite the fact that electric vehicles remain pricier than fossil-fuel counterparts, France is steadfast in its commitment to phasing out fossil-fuel cars by 2040. However, only 2% of cars sold in France in 2018 were electric, suggesting that many consumers base their decisions on outdated information regarding EV performance and overall cost of ownership and operation. EV technology is rapidly advancing, becoming more affordable, yet this information has not yet reached many prospective buyers.
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France Electric Vehicle Market Research Methodology:
The report leverages a comprehensive research methodology to provide valuable insights into the factors driving France's dominance in the electric vehicle market, along with the challenges and opportunities in the industry.
What are France Electric Vehicle Market Dynamics:
A key driver behind the remarkable growth of the EV market in France is the nation's commitment to meeting future energy demands. Coordinated government programs and initiatives actively promote the expansion of the electric vehicle market. France is an active member of the EV30@30 Campaign, which aims to accelerate EV adoption. The French government's pledge in 2018 to phase out new cars emitting greenhouse gases by 2040 is a testament to this commitment. Moreover, the government has set a target to have a fleet of 1 million battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) by 2022.
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What is France Electric Vehicle Market Segmentation:
by Type
• Two-Wheeler
• Passenger Car
• Commercial Vehicle
by Vehicle Type
• Plug-in Hybrid Passenger cars
• Plug-in hybrid light commercial vehicles
• Battery electric passenger cars
• Battery electric light commercial vehicles
by Power Range
• High-Performance Luxury Vehicle
• Sports Vehicle
• Others
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Who are France Electric Vehicle Market Key Players:
• BMW
• Mercedes Benz
• Bollinger
• Bollore
• Microlino
• Nissan
• Peugeot
• Tesla
• Volkswagen
• Alstom
• PSA Group
• Iveco Bus
• Teilhol
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Table of content for the France Electric Vehicle Market includes:
France Electric Vehicle Market : Research Methodology
France Electric Vehicle Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. France Electric Vehicle Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
France Electric Vehicle Market Regional Insights:
The rapid growth of the electric vehicle market in France necessitates a significant expansion of the charging infrastructure network. To accommodate the transition from 470,000 electric vehicles on French roads in 2020 to an estimated 8.5 million in 2027, public chargers must increase from 31,000 to over 350,000 (including 1.1 million electric light commercial vehicles). By 2027, France will require between 5.7 to 6.0 million chargers, encompassing both public and private infrastructure, representing a 15% to 19% reduction from the country's initial 2015 objective of 7 million chargers. In an alternate scenario, if complete electrification of new sales is achieved by 2035, France would require 7.3 million chargers in 2027, including 430,000 public chargers. Achieving the government's goal of 7 million chargers would place France on a trajectory to achieve 100% electrification of new sales by 2035, five years ahead of schedule.
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Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
More Related Reports:
Global Sawmill Machinery Market https://www.maximizemarketresearch.com/market-report/global-sawmill-machinery-market/85055/
Global Train Contactor Market https://www.maximizemarketresearch.com/market-report/global-train-contactor-market/87687/
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