05.10.2018 Views

Electric Vehicle Market to be USD 419 Billion by 2024 as they are Eco Friendly

Access full Report: https://www.renub.com/electric-vehicles-market-nd.php The revolutionary shift from traditional gasoline powered vehicles to electric vehicles (Evs) is driving the Global Electric vehicles significantly and is expected to do so in forthcoming years. With advancement in the technology and rising awareness regarding environment is also expected to drive Electric vehicle market positively over the coming years. Electric Vehicle is sleeker, safer, comfortable and more exciting to drive than gasoline powered vehicles which again attract vehicle lovers to go for electric vehicles over gasoline powered vehicle and ultimately boost electric vehicles market to touch new leap in the forthcoming years. Global Electric Vehicle Market is expected to be more than USD 419 Billion by the end of year 2024. Crowing the features like silent ride, immediate torque and excellent performance, electric vehicles have zero fuel consumption and minimum maintenance costs. Owing to the mentioned reasons and many more, electric vehicles have caught the attention of commuters and car-lovers to go for electric vehicles over traditional vehicles. Request a free sample copy of the report: https://www.renub.com/contactus.php Electric Vehicles like Electric Bus for road transport improve energy efficiency as it only relies on electricity and does not require any direct fuel consumption, making electric buses most varied energy carrier, thereby contributing to a broad range of transport policy goals. These include advanced energy security, less noise, reduced greenhouse gas & carbon emission and better air quality. In addition, as one of the best clusters in the automobile sector, electric buses or vehicles have ample potential to improve economic and industrial competitive capabilities and to attract investment where major markets need to be developed. Global Electric Bus Market is an opportunity of more than USD 400 by 2024. Client can Purchase this Report in Sections from below link: Access full Research: https://www.renub.com/global-electric-vehicles-market-and-volume-plug-in-battery-hybrid-fuel-cell-motors-852-p.php

Access full Report:

https://www.renub.com/electric-vehicles-market-nd.php

The revolutionary shift from traditional gasoline powered vehicles to electric vehicles (Evs) is driving the Global Electric vehicles significantly and is expected to do so in forthcoming years. With advancement in the technology and rising awareness regarding environment is also expected to drive Electric vehicle market positively over the coming years. Electric Vehicle is sleeker, safer, comfortable and more exciting to drive than gasoline powered vehicles which again attract vehicle lovers to go for electric vehicles over gasoline powered vehicle and ultimately boost electric vehicles market to touch new leap in the forthcoming years. Global Electric Vehicle Market is expected to be more than USD 419 Billion by the end of year 2024.

Crowing the features like silent ride, immediate torque and excellent performance, electric vehicles have zero fuel consumption and minimum maintenance costs. Owing to the mentioned reasons and many more, electric vehicles have caught the attention of commuters and car-lovers to go for electric vehicles over traditional vehicles.

Request a free sample copy of the report:

https://www.renub.com/contactus.php

Electric Vehicles like Electric Bus for road transport improve energy efficiency as it only relies on electricity and does not require any direct fuel consumption, making electric buses most varied energy carrier, thereby contributing to a broad range of transport policy goals. These include advanced energy security, less noise, reduced greenhouse gas & carbon emission and better air quality. In addition, as one of the best clusters in the automobile sector, electric buses or vehicles have ample potential to improve economic and industrial competitive capabilities and to attract investment where major markets need to be developed. Global Electric Bus Market is an opportunity of more than USD 400 by 2024.

Client can Purchase this Report in Sections from below link:

Access full Research:

https://www.renub.com/global-electric-vehicles-market-and-volume-plug-in-battery-hybrid-fuel-cell-motors-852-p.php

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

<strong>Electric</strong> <strong>Vehicle</strong> <strong>Market</strong> <strong>to</strong> <strong>be</strong> <strong>USD</strong> <strong>419</strong> <strong>Billion</strong> <strong>by</strong> <strong>2024</strong> <strong>as</strong> <strong>they</strong> <strong>are</strong> <strong>Eco</strong> <strong>Friendly</strong><br />

Analyst View:<br />

Global <strong>Electric</strong> <strong>Vehicle</strong> <strong>Market</strong><br />

Global <strong>Electric</strong> <strong>Vehicle</strong> <strong>Market</strong> is expected <strong>to</strong> surp<strong>as</strong>s US$ <strong>419</strong> <strong>Billion</strong> <strong>by</strong> the end of year <strong>2024</strong>.<br />

Press Rele<strong>as</strong>e Title:<br />

<strong>Electric</strong> <strong>Vehicle</strong> <strong>Market</strong> <strong>to</strong> <strong>be</strong> <strong>USD</strong> <strong>419</strong> <strong>Billion</strong> <strong>by</strong> <strong>2024</strong> <strong>as</strong> <strong>they</strong> <strong>are</strong> <strong>Eco</strong> <strong>Friendly</strong><br />

For more Info<br />

https://www.renub.com/electric-vehicles-market-nd.php<br />

Report Title:<br />

<strong>Electric</strong> <strong>Vehicle</strong> <strong>Market</strong>, Volume Global Analysis <strong>by</strong> (Plug-in, Battery, Hybrid, Fuel<br />

Cell) Cars, Countries (Denmark, Finland, Iceland, Norway, Sweden, Netherlands,<br />

India, China, Japan, Korea, Canada, United States, France, Germany) Companies<br />

(Tesla, BMW, Toyota)<br />

Access Full Research:<br />

https://www.renub.com/global-electric-vehicles-market-and-volumeplug-in-battery-hybrid-fuel-cell-mo<strong>to</strong>rs-852-p.php<br />

Get Free Cus<strong>to</strong>mization in this Report<br />

The revolutionary shift from traditional g<strong>as</strong>oline powered vehicles <strong>to</strong> electric vehicles (Evs) is<br />

driving the Global <strong>Electric</strong> vehicles significantly and is expected <strong>to</strong> do so in forthcoming years.<br />

With advancement in the technology and rising aw<strong>are</strong>ness regarding environment is also<br />

expected <strong>to</strong> drive <strong>Electric</strong> vehicle market positively over the coming years. <strong>Electric</strong> <strong>Vehicle</strong> is<br />

sleeker, safer, comfortable and more exciting <strong>to</strong> drive than g<strong>as</strong>oline powered vehicles which again<br />

attract vehicle lovers <strong>to</strong> go for electric vehicles over g<strong>as</strong>oline powered vehicle and ultimately boost<br />

electric vehicles market <strong>to</strong> <strong>to</strong>uch new leap in the forthcoming years. <strong>Electric</strong> <strong>Vehicle</strong> <strong>Market</strong> is<br />

expected <strong>to</strong> <strong>be</strong> more than <strong>USD</strong> <strong>419</strong> <strong>Billion</strong> <strong>by</strong> the end of year <strong>2024</strong>.<br />

Crowing the features like silent ride, immediate <strong>to</strong>rque and excellent performance, electric<br />

vehicles have zero fuel consumption and minimum maintenance costs.<br />

© Renub Research Page 1 of 5 www.renub.com


<strong>Electric</strong> <strong>Vehicle</strong> <strong>Market</strong> <strong>to</strong> <strong>be</strong> <strong>USD</strong> <strong>419</strong> <strong>Billion</strong> <strong>by</strong> <strong>2024</strong> <strong>as</strong> <strong>they</strong> <strong>are</strong> <strong>Eco</strong> <strong>Friendly</strong><br />

Owing <strong>to</strong> the mentioned re<strong>as</strong>ons and many more, electric vehicles have caught the attention of<br />

commuters and car-lovers <strong>to</strong> go for electric vehicles over traditional vehicles.<br />

Request a free sample copy of the report: https://www.renub.com/contactus.php<br />

<strong>Electric</strong> <strong>Vehicle</strong>s like <strong>Electric</strong> Bus for road transport improve energy efficiency <strong>as</strong> it only relies on<br />

electricity and does not require any direct fuel consumption, making electric buses most varied<br />

energy carrier, there<strong>by</strong> contributing <strong>to</strong> a broad range of transport policy goals. These include<br />

advanced energy security, less noise, reduced greenhouse g<strong>as</strong> & carbon emission and <strong>be</strong>tter air<br />

quality. In addition, <strong>as</strong> one of the <strong>be</strong>st clusters in the au<strong>to</strong>mobile sec<strong>to</strong>r, electric buses or vehicles<br />

have ample potential <strong>to</strong> improve economic and industrial competitive capabilities and <strong>to</strong> attract<br />

investment where major markets need <strong>to</strong> <strong>be</strong> developed. Global <strong>Electric</strong> Bus <strong>Market</strong> is an<br />

opportunity of more than <strong>USD</strong> 400 <strong>by</strong> <strong>2024</strong>.<br />

<strong>Electric</strong> <strong>Vehicle</strong>s h<strong>as</strong> seen rapid development in the recent years due <strong>to</strong> ongoing governmental<br />

and non-governmental support and commitments. Au<strong>to</strong>motive industry opinion leaders and policy<br />

makers predict that this ongoing trend is not going <strong>to</strong> abate in the coming decade. With incre<strong>as</strong>ing<br />

sales volumes coupled with growing rivalry in the development of innovative technologies <strong>by</strong> the<br />

manufacturers like Tesla, BMW, Toyota and other players <strong>are</strong> likely <strong>to</strong> contribute <strong>to</strong> continuous<br />

reductions in the cost of electric vehicles in the forthcoming years. In addition, reduction in the<br />

cost of electric vehicles technologies will further help electric vehicles <strong>to</strong> capture more market than<br />

<strong>to</strong> its counterpart internal combustion engine vehicles. Encouraging policies and cost reductions<br />

<strong>are</strong> expected <strong>to</strong> lead considerable growth of electric vehicles market in the near future.<br />

Cost and Savings<br />

Owing an electric vehicle is more efficient than that of the g<strong>as</strong>oline powered vehicles. For<br />

instance: consider a person drives 15,000 miles a year and the vehicle’s average is 25 miles per<br />

gallon, with the cost of g<strong>as</strong>oline US$ 3.5/Gallon, which comes out <strong>to</strong> US$ 2,100 for a year, which<br />

is just fuel cost.<br />

© Renub Research Page 2 of 5 www.renub.com


<strong>Electric</strong> <strong>Vehicle</strong> <strong>Market</strong> <strong>to</strong> <strong>be</strong> <strong>USD</strong> <strong>419</strong> <strong>Billion</strong> <strong>by</strong> <strong>2024</strong> <strong>as</strong> <strong>they</strong> <strong>are</strong> <strong>Eco</strong> <strong>Friendly</strong><br />

While, for same 15,000 miles with an electric vehicle which h<strong>as</strong> the efficiency of 3.5 miles per<br />

kWh would need some 4,300 kWh, at the price of 11 cents per kWh, it would cost nearly US$<br />

475 for a year. Need not <strong>to</strong> mention the expenses on oil changes, transmission repairs and other<br />

maintenance costs for g<strong>as</strong>oline powered vehicles. Thus, comparing saving, electric vehicle is far<br />

more efficient than <strong>to</strong> its counterpart and also several countries offer incentives on almost all type<br />

of electric vehicle models, which indeed drive electric vehicle market <strong>to</strong> flourish <strong>be</strong>yond any limits.<br />

Client can Purch<strong>as</strong>e this Report in Sections from <strong>be</strong>low link:<br />

Access full Research:<br />

https://www.renub.com/global-electric-vehicles-market-and-volume-plug-inbattery-hybrid-fuel-cell-mo<strong>to</strong>rs-852-p.php<br />

<strong>Market</strong> Summary<br />

<br />

<br />

<br />

Technology-wise report provides the market of Plug–in Hybrid <strong>Electric</strong> <strong>Vehicle</strong>s (PHEV),<br />

Battery <strong>Electric</strong> <strong>Vehicle</strong>s (BEVs), Hybrid <strong>Electric</strong> <strong>Vehicle</strong>s (HEVs) and Fuel Cell <strong>Electric</strong><br />

<strong>Vehicle</strong>s (FCEV). As per the analysis of Renub Research Battery <strong>Electric</strong> <strong>Vehicle</strong>s (BEVs)<br />

controls the Global <strong>Electric</strong> <strong>Vehicle</strong> <strong>Market</strong>.<br />

Country-wise report captures the Battery <strong>Electric</strong> <strong>Vehicle</strong> and Plug-in Hybrid <strong>Electric</strong><br />

<strong>Vehicle</strong> <strong>Market</strong> of 15 countries Sweden, Denmark, Finland, Norway, China, Korea,<br />

Netherlands, India, Iceland, Japan, Canada, Germany, United States and France.<br />

Government initiative, rules and regulations of all the 15 countries with regard <strong>to</strong> <strong>Electric</strong><br />

<strong>Vehicle</strong>s h<strong>as</strong> <strong>be</strong>en duly covered in the report.<br />

If the information you seek is not included in the current scope of the study kindly sh<strong>are</strong><br />

your specific requirements with our cus<strong>to</strong>m research team at info@renub.com<br />

Key Topics Covered<br />

1. Executive Summary<br />

2. Global <strong>Electric</strong> <strong>Vehicle</strong>s <strong>Market</strong> & Volume (2010 – <strong>2024</strong>)<br />

2.1 Global <strong>Electric</strong> <strong>Vehicle</strong> <strong>Market</strong><br />

2.2 Global <strong>Electric</strong> <strong>Vehicle</strong> Volume<br />

3. <strong>Market</strong> Sh<strong>are</strong> – Global <strong>Electric</strong> <strong>Vehicle</strong>s<br />

3.1 By <strong>Vehicle</strong> Technology<br />

3.2 By Countries – Battery <strong>Electric</strong> <strong>Vehicle</strong> (BEV)<br />

3.3 By Countries – Plug-in Hybrid <strong>Electric</strong> <strong>Vehicle</strong> (PHEV)<br />

4. Volume Sh<strong>are</strong> – Global <strong>Electric</strong> <strong>Vehicle</strong><br />

4.1 By <strong>Vehicle</strong> Technology<br />

© Renub Research Page 3 of 5 www.renub.com


<strong>Electric</strong> <strong>Vehicle</strong> <strong>Market</strong> <strong>to</strong> <strong>be</strong> <strong>USD</strong> <strong>419</strong> <strong>Billion</strong> <strong>by</strong> <strong>2024</strong> <strong>as</strong> <strong>they</strong> <strong>are</strong> <strong>Eco</strong> <strong>Friendly</strong><br />

5. Technological Segments – Global <strong>Electric</strong> <strong>Vehicle</strong>s <strong>Market</strong> & Volume (2010 – <strong>2024</strong>)<br />

5.1 Plug – in Hybrid <strong>Electric</strong> <strong>Vehicle</strong>s (PHEV)<br />

5.2 Battery <strong>Electric</strong> <strong>Vehicle</strong>s (BEVs)<br />

5.3 Hybrid <strong>Electric</strong> <strong>Vehicle</strong>s (HEVs)<br />

5.4 Fuel Cell <strong>Electric</strong> <strong>Vehicle</strong>s (FCEV)<br />

6. Region – Plug-in Hybrid <strong>Electric</strong> <strong>Vehicle</strong> (PHEV) <strong>Market</strong> and Volume (2010 – <strong>2024</strong>)<br />

6.1 Asia<br />

6.2 NORDICS<br />

6.3 North America<br />

6.4 Europe<br />

7. Region – Battery <strong>Electric</strong> <strong>Vehicle</strong> (BEV) <strong>Market</strong> and Volume (2010 – <strong>2024</strong>)<br />

7.1 Asia<br />

7.2 NORDICS<br />

7.3 North America<br />

7.4 Europe<br />

8. Countries – Plug-in Hybrid <strong>Electric</strong> <strong>Vehicle</strong> (PHEV) <strong>Market</strong> & Volume (2010 – <strong>2024</strong>)<br />

8.1 Denmark<br />

8.2 Finland<br />

8.3 Iceland<br />

8.4 Norway<br />

8.5 Sweden<br />

8.6 Netherlands<br />

8.7 China<br />

8.8 Japan<br />

8.9 Korea<br />

8.1 Canada<br />

8.11 United States<br />

8.12 France<br />

8.13 Germany<br />

8.14 United Kingdom<br />

9. Countries – Battery <strong>Electric</strong> <strong>Vehicle</strong> (BEV) <strong>Market</strong> & Volume (2010 – <strong>2024</strong>)<br />

9.1 Denmark<br />

9.2 Finland<br />

9.3 Iceland<br />

9.4 Norway<br />

9.5 Sweden<br />

9.6 Netherlands<br />

9.7 India<br />

9.8 China<br />

9.9 Japan<br />

9.1 Korea<br />

9.11 Canada<br />

9.12 United States<br />

9.13 France<br />

9.14 Germany<br />

9.15 United Kingdom<br />

© Renub Research Page 4 of 5 www.renub.com


<strong>Electric</strong> <strong>Vehicle</strong> <strong>Market</strong> <strong>to</strong> <strong>be</strong> <strong>USD</strong> <strong>419</strong> <strong>Billion</strong> <strong>by</strong> <strong>2024</strong> <strong>as</strong> <strong>they</strong> <strong>are</strong> <strong>Eco</strong> <strong>Friendly</strong><br />

10. Company Sales Analysis – <strong>Electric</strong> <strong>Vehicle</strong>s<br />

10.1 Tesla<br />

10.2 Toyota<br />

10.3 BMW<br />

11. Growth Drivers<br />

11.1 Decre<strong>as</strong>ing Cost of EVs Batteries<br />

11.2 Environment <strong>Friendly</strong><br />

11.3 <strong>Eco</strong>nomic Benefits<br />

11.4 Tax Benefits on <strong>Electric</strong> Cars in Norway, USA, Canada, Belgium & France<br />

12. Challenges<br />

12.1 Charging Infr<strong>as</strong>tructure<br />

12.2 Price<br />

Related Reports:<br />

<strong>Electric</strong> Bus <strong>Market</strong><br />

Global Battery <strong>Market</strong><br />

Lithium-ion Battery Materials <strong>Market</strong><br />

Heavy Industries <strong>Market</strong> Reports:<br />

https://www.renub.com/heavy-industries-31-c.php<br />

Renub Research - North America<br />

Rajat Gupta<br />

225 Kristie Ln, Roswell<br />

Georgia 30076, United States<br />

Renub Research - Asia<br />

Ankit Mishra<br />

C – 86, Sec<strong>to</strong>r – 10<br />

Noida 201301, India<br />

Tel: +1-678-302-0700<br />

Email: info@renub.com<br />

https://www.renub.com/<br />

Tel: +91-120-421-9822<br />

Email: info@renub.com<br />

https://www.renub.com/<br />

© Renub Research Page 5 of 5 www.renub.com

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!