Asia-Pacific Electric Car Market Segmentation: Growth and Demand Forecast, 2013-2025
Rising environmental awareness and government support are expected to drive the Asia-Pacific electric cars market. Economies in this region are reducing their dependence on costly fossil fuel by promoting electric cars.
Rising environmental awareness and government support are expected to drive the Asia-Pacific electric cars market. Economies in this region are reducing their dependence on costly fossil fuel by promoting electric cars.
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<strong>Asia</strong>-<strong>Pacific</strong> <strong>Electric</strong> <strong>Car</strong> <strong>Market</strong><br />
A considerable number of players are operating in the <strong>Asia</strong>-<strong>Pacific</strong> electric car market. These players can be<br />
broadly divided into two categories. The local Chinese players (such as BYD, BAIC <strong>and</strong> Dongfen) whose sales are<br />
mostly restricted to China <strong>and</strong> the global international companies (such as Nissan <strong>and</strong> General Motors) which<br />
are present in the many countries in the region including China. Due to the dominance of China in total sales,<br />
the local Chinese manufacturers together constitute a considerable share in the global sales.<br />
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