Press release
Russia Electric Car Market Product Overview , Scope, And Emerging Technologies
Electric Car Market Report Scope and Research MethodologyThe comprehensive analysis report offers valuable insights into the dynamics, trends, and future prospects of the Electric Car industry during the forecast period. It covers key market drivers, challenges, and recent developments, along with demand trends, growth stimulators, spending patterns, and modernization trends across different regions.
The research is based on extensive research and analysis, incorporating inputs from industry experts, government agencies, and market participants, providing a reliable and accurate assessment of the market dynamics and future trends.
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Evolving Dynamics:
The Russian electric car industry is not just a trend; it's a movement fueled by a combination of increasing consumer demand and strategic governmental initiatives. Minister of Energy, Alexander Novak, vocalized the importance of electric car development, setting ambitious targets for the country. With aims to reach a 8 to 10 percent share of electric vehicles in the car fleet by 2025, the nation is on a clear trajectory towards a greener future.
Homegrown Innovation:
Russian car manufacturers are stepping up to the plate, experiencing a notable uptick in sales, driven by vehicles like Lada. While challenges persist, particularly in the face of imported brands dominating the market, local players are holding their ground, showcasing resilience and adaptability.
Governmental Backing:
Behind the scenes, the Russian government is laying down a comprehensive strategy to support the electric car revolution. From funding research and development to incentivizing ownership through perks like bus lane access and free parking, the administration is actively shaping a conducive environment for electric mobility.
Market Expansion:
2019 marked a pivotal year, with the electric car market witnessing a staggering 2.5 times growth, a testament to shifting consumer preferences. Leading the charge were models like the Jaguar I-Pace and Nissan Leaf, demonstrating a growing appetite for sustainable transportation solutions.
Electric Car Market Segmentation
Russia Electric Car Market, by Technology
• BEV
• PHEV
• HEV
Russia Electric Car Market, by Product
• Hatchback
• Sedan
• SUV
• Others
Russia Electric Car Market, by Battery
• LFP
• Li-NMC
• Others
Russia Electric Car Market, by End-User
• Shared mobility providers
• Government organizations
• Personal users
• Others
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Electric Car Market Key Players
• BMW
• Daimler
• General Motors
• Nissan
• Ford
• Renault
• Rimac
• Tesla Motors
• Kia
• Mitsubishi
• Peugeot
• Volkswagen
• Venturi.
• Samocat Sharing
• Whoosh
• Brixby
• Ralient
• Red Wheels
• PC Transport Systems
• Carbogatto
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Table of content for the Electric Car Market includes:
Part 01: Executive Summary
Part 02: Scope of the Electric Car Market Report
Part 03: Electric Car Market Landscape
Part 04: Electric Car Market Sizing
Part 05: Electric Car Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Zetta, which will retail for about $7,000, will be Russia's first electric vehicle:
By 2021, Russia will launch Zetta, the country's first locally produced electric vehicle, which is now undergoing certification. The Russian Engineering & Manufacturing Company will produce Zetta, which has a 200-kilometer range and a top speed of 120 km/h. The company plans to begin production with a yearly volume of fifteen thousand units. According to earlier rumours, the Zetta electric car would retail for about $7,000, making it the least expensive vehicle in its class globally and comparable to other sub-$10,000 cars like the Renault City K-ZE and Ora R1.
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