Press release
From $10.8 Billion to $20.7 Billion : Green Automotive Mobility Market Outlook 2024-2033
๐๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ : https://www.alliedmarketresearch.com/request-sample/A323775
๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
Depending on the type, the battery electric vehicle segment dominated the green automotive mobility market in 2023, due to improvements in battery technology and initiatives by the government. Meanwhile, the plug-in hybrid electric vehicles segment is expected to grow at an increasing rate due to the flexibility of electric driving for short distances and internal combustion engine (ICE) driving for long distances offered by the vehicles.
On the basis of vehicle type, two-wheeler vehicles dominated the green automotive mobility market in 2023, due to the affordable price of two-wheeler EVs as compared to four-wheeler EVs and low expenditure on petrol. Meanwhile, four-wheeler vehicles are expected to grow at an increasing rate due to technological advancements, supportive government policies, growing consumer demand, increasing infrastructure development, and a growing economy.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
Region wise, Asia-Pacific will be dominated the global green automotive mobility market in 2023. This is because China is the largest player in the EV market contributing to more than 50% of the global sales. Furthermore, the Japanese and South Korean companies such as Toyota, Nissan, and Hyundai are the major contributors to the growth of EV market. Moreover, India is growing significantly in the EV market. Players such as OLA and Ether are releasing their EV products in the Indian market. Furthermore, North American is expected to grow at an increasing rate due to the expansion of charging infrastructure by companies such as Tesla, ChargePoint, and Electrify America. In addition, federal and state tax incentives, grants, and rebates support for EV adoption granted by the American government are significantly contributing towards the growth of the green automotive mobility market.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/green-automotive-mobility-market/purchase-options
๐๐๐๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
BMW
BYD
Tesla
Daimler AG
Nissan
Engie
Ford
Kia Motors
Uber
General Motors
The report provides a detailed analysis of these key players in the global green automotive mobility industry. These players have adopted different strategies such as facility launch, service launch, and product launch to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A323775
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
In April 2024, Ather energy, an Indian EV Automotive manufacturer and provider, launched family scooter Ritza. The scooter price starts at 1.09 lakh rupees. The scooter will be available in two models, Rizta S and Rizta Z. The vehicles are equipped with the battery capacity of 2.9 kWH (kilowatt hours), as the most expensive variant of the EV model coming with a battery of 3.7 kWH. The 2.9 kWh variants will deliver a predicted Indian driving conditions (IDC) range of 123 km, while the 3.7 kWh vehicle will deliver 160 km.
The Future Mobility Development Center (FMDC), a new test facility for completely automated development and test drives, was launched by the BMW Group in July 2023. The FMDE is located in Sokolov, Czechia (Czech Republic) . The BMW Group invested โฌ300 million in, the building of FMDC facility in central Europe. The new test establishment follows a sustainable environmental protocol and provides a platform for the testing of advance technology. This strategic move will strengthen the position of BMW in the green automotive mobility sector and will also boost the growth of green automotive mobility market.
In February 2024, Uber launched flagship electric vehicle service called Uber Green in Delhi to enable people to book sustainable, eco-friendly rides in the application. The riders can now identify Uber green option to book a green eco-friendly ride. The service will help in promoting the use of EVs and support sustainable travel means. This strategic move will strengthen Uber's position in the green automotive mobility market.
๐๐จ๐ง๐ญ๐๐๐ญ :
David Correa
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help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐ฎ๐ฌ :
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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