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Insights on the Electric Vehicles Global Market to 2026 - by Component, Charging Type, Propulsion Type, Vehicle Type and Region

·7-min read

Dublin, July 05, 2021 (GLOBE NEWSWIRE) -- The "Electric Vehicles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to's offering.

The global electric vehicles market reached a volume of 2.45 Million Units in 2020 . An electrical vehicle (EV) is a self-propelling automobile that is used for transporting passengers and goods. It can be charged by self-charging devices, including turbochargers and regenerative braking systems that can convert the kinetic energy into electrical energy or can be powered by a large traction battery pack present at charging stations. Battery-electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs) and hybrid electric vehicles (HEVs) are the most common types of EVs available in the market. In comparison to the traditionally used automobiles, EVs do not emit tailpipe emissions, reduce the dependency on oil and are more economical to operate. Looking forward, the publisher expects the global electric vehicles market to grow at a CAGR of around 47% during the forecast period (2021-2026).

The increasing demand for fuel-efficient automobiles across the globe is one of the key factors driving the growth of the market. Furthermore, growing concerns regarding the detrimental environmental effects due to greenhouse gases (GHGs) emissions, along with the implementation of favorable government policies encouraging sustainable development, are also providing a boost to the market growth. For instance, various benefits, including tax exemptions, subsidies, low buying costs and free charging facilities, are some of the government privileges offered to those utilizing EVs, thus encouraging their overall adoption rates. Additionally, manufacturers are focusing on the development of advanced technologies to produce zero- and low-emission vehicles with improved fuel efficiency and soundless operations. Also, enhancements in the EV charging infrastructure are leading to more investments in utilities, charging hardware manufacturers and other power sector stakeholders. Other factors, including rapid urbanization, increasing disposable incomes and extensive research and development (R&D) activities, are projected to drive the market further.

The publisher's latest report provides a deep insight into the global electric vehicles market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the electric vehicles industry in any manner.

Breakup by Component:

  • Battery Cells & Packs

  • On-Board Charger

  • Fuel Stack

Based on the component, battery cells & packs currently account for the highest market share.

Breakup by Charging Type:

  • Slow Charging

  • Fast Charging

Based on the charging type, slow charging represents the largest category.

Breakup by Propulsion Type:

  • Battery Electric Vehicle (BEV)

  • Fuel Cell Electric Vehicle (FCEV)

  • Plug-In Hybrid Electric Vehicle (PHEV)

  • Hybrid Electric Vehicle (HEV)

Based on the propulsion type, battery electric vehicles currently account for the largest market share.

Breakup by Vehicle Type:

  • Passenger Vehicles

  • Commercial Vehicles

  • Others

Based on the vehicle type, passenger vehicles currently account for majority of the market share.

Breakup by Region:

  • Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Indonesia

  • Europe

  • Norway

  • Netherlands

  • Sweden

  • United Kingdom

  • France

  • Germany

  • North America

  • United States

  • Canada

  • Middle East and Africa

  • Turkey

  • Saudi Arabia

  • Iran

  • United Arab Emirates

  • Latin America

  • Brazil

  • Mexico

  • Argentina

  • Columbia

  • Others

On the geographical front, Asia Pacific currently represents the biggest market for electric vehicles.

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the top electric vehicles comapnies being Bayerische Motoren Werke AG, BYD Auto, Chery, Daimler AG, Ford Motor Company, Geely, General Motors, Honda Motor Company, Hyundai Motor Company, Nissan, Renault, SAIC Motor, Tesla Inc. Toyota Motor Corporation, Volkswagen, etc.

Key Questions Answered in This Report:

  • How has the global electric vehicles market performed so far and how will it perform in the coming years?

  • What has been the impact of COVID-19 on the global electric vehicles market?

  • What are the key regional markets?

  • What is the breakup of the market based on the component?

  • What is the breakup of the market based on the charging type?

  • What is the breakup of the market based on the propulsion type?

  • What is the breakup of the market based on the vehicle type?

  • What are the various stages in the value chain of the industry?

  • What are the key driving factors and challenges in the market?

  • What is the structure of the global electric vehicles market and who are the key players?

  • What is the degree of competition in the market?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Electric Vehicles Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Component
6.1 Battery Cells & Packs
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 On-Board Charger
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Fuel Stack
6.3.1 Market Trends
6.3.2 Market Forecast

7 Market Breakup by Charging Type
7.1 Slow Charging
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Fast Charging
7.2.1 Market Trends
7.2.2 Market Forecast

8 Market Breakup by Propulsion Type
8.1 Battery Electric Vehicle (BEV)
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Fuel Cell Electric Vehicle (FCEV)
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Plug-In Hybrid Electric Vehicle (PHEV)
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Hybrid Electric Vehicle (HEV)
8.4.1 Market Trends
8.4.2 Market Forecast

9 Market Breakup by Vehicle Type
9.1 Passenger Vehicles
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Commercial Vehicles
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Others
9.3.1 Market Trends
9.3.2 Market Forecast

10 Market Breakup by Region

11 SWOT Analysis

12 Value Chain Analysis

13 Porters Five Forces Analysis

14 Price Analysis

15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Bayerische Motoren Werke AG Company Overview Product Portfolio Financials SWOT Analysis
15.3.2 BYD Auto Company Overview Product Portfolio
15.3.3 Chery Company Overview Product Portfolio
15.3.4 Daimler AG Company Overview Product Portfolio Financials SWOT Analysis
15.3.5 Ford Motor Company Company Overview Product Portfolio Financials SWOT Analysis
15.3.6 Geely Company Overview Product Portfolio Financials
15.3.7 General Motors Company Overview Product Portfolio Financials SWOT Analysis
15.3.8 Honda Motor Company Company Overview Product Portfolio
15.3.9 Hyundai Motor Company Company Overview Product Portfolio Financials SWOT Analysis
15.3.10 Nissan Company Overview Product Portfolio Financials SWOT Analysis
15.3.11 Renault Company Overview Product Portfolio Financials SWOT Analysis
15.3.12 SAIC Motor Company Overview Product Portfolio
15.3.13 Tesla Inc. Company Overview Product Portfolio Financials SWOT Analysis
15.3.14 Toyota Motor Corporation Company Overview Product Portfolio Financials SWOT Analysis
15.3.15 Volkswagen Company Overview Product Portfolio Financials SWOT Analysis

For more information about this report visit

CONTACT: CONTACT: Laura Wood, Senior Press Manager For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

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