Press release
France Electric Vehicle Market to Reach USD 252.69 Bn by 2029, emerging at a CAGR of 20 percent and forecast (2023-2029)
France Electric Vehicle Market
The research methodology employed in this report involves a comprehensive analysis of industry data, market trends, and government initiatives. Primary and secondary sources were utilized to gather accurate and reliable information on the France Electric Vehicle Market.
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What are France Electric Vehicle Market Dynamics:
The rapidly growing electric vehicle market in France requires a vastly expanded charging infrastructure network - To enable growth from 470,000 electric vehicles on French roads in 2020 to about 8.5 million on French roads in 2027, public chargers will need to grow from 31,000 to over 350,000. (Including 1.1 million electric light commercial vehicles). By 2027, 5.7 to 6.0 million chargers, including public and private infrastructure, will be required, which is 15% to 19% fewer than France's original 2015 objective of 7 million chargers. In a different scenario, if complete electrification of new sales is achieved in 2035, France will require 7.3 million chargers in 2027, including 430,000 public chargers. If the French government's goal of 7 million chargers is met, the country will be on track to achieve 100% electrification of new sales by 2035, five years ahead of schedule.
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France Electric Vehicle Market Regional Insights:
France is recognized as the largest market for electric vehicles in Europe, with key contributions from vehicles like the Renault Kangoo & Zoé. The report sheds light on the role of government incentives, including conversion bonuses and financial incentives, in driving the development of electric vehicles in the country. It also addresses the need for increased awareness among consumers about the affordability and advancements in EV technology.
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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
Who are France Electric Vehicle Market Key Players:
• BMW
• Mercedes Benz
• Bollinger
• Bollore
• Microlino
• Nissan
• Peugeot
• Tesla
• Volkswagen
• Alstom
• PSA Group
• Iveco Bus
• Teilhol
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
M&A 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
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
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