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Electric Vehicles (EV) Market Is Booming Worldwide : BMW AG, Tesla, Nissan

By: SBWire

NJ New Jersey, USA -- (SBWIRE) -- 06/02/2023 -- Advance Market Analytics added research publication document on Worldwide Electric Vehicles (EV) Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Worldwide Electric Vehicles (EV) market. The study provides valuable market size data for historical (Volume** & Value) from 2018 to 2023 which is estimated and forecasted till 2028*. Some are the key & emerging players that are part of coverage and have being profiled are BMW AG (Germany), Tesla (United States), Nissan (Japan), General Motors (United States), Volkswagen (Germany), Polestar (Canada), AUDI AG (Germany), Daimler AG (Germany), JAGUAR LAND ROVER LIMITED (United Kingdom), Ford Motor Company (United States), KIA MOTORS (South Korea), Hyundai Motor Company (South Korea), Renault (France), AB Volvo (Sweden), Toyota Motor Corporation (Japan).

Get free access to Sample Report in PDF Version along with Graphs and Figures @

The global electric vehicles market is expected to grow at a significant rate during the forecast period, according to the AMA study. Rising costs of fossil fuels and growing environmental concerns regarding automotive carbon emissions are some of the major factors aiding into the growth of the electric vehicles market. Moreover, rising government initiatives towards stopping the sales of traditional fuel vehicles is another major factor supporting the growth of the electric vehicles market.

In February 2020, Jaguar Land Rover unveiled an ambitious concept vehicle that is aimed to be launch on-road for trial in 2021 and named as Autonomy Ready electric car concept.

Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Electric Vehicles (EV) Market various segments and emerging territory.

Influencing Market Trend
- Growing Adoption of Eco-Friendly Technologies in Automotive Industry
- Declining Production of Fossil Fuels Per Year Leading to Huge Gap in Demand and Supply of Fuels Across Different Regions Which in Turn Shifting Consumer Preference Towards Electric Vehicles
Market Drivers
- Rising Cost of Fossil Fuels is Generating the Demand for Commercial Electric Vehicles
- Rising Concerns towards Environmental Carbon Emissions Caused by Automotive Vehicles
- Introduction of Fuel Cell Electric Vehicles Covering Up the Challenge of Unavailability of Electric Vehicle Charging Stations and Propelling the Demand for Electric Vehicles
- Government Initiations to Stop the Sales of Fossil Fuel Vehicles in Different Countries Propelling the Demand for Electric Vehicles Market Globally
- Rising Consumer Shift Towards Electric Vehicles from Traditional Fuel Vehicles Across Different Regions
- Growing Markets in the Emerging Economies in Asia Pacific Region Fuelled by the Countries Such as China, India, and Singapore
- High Cost of Vehicles
- Lower Range to Charge Ratio

Analysis by Type (Battery Electric Vehicles, Fuel Cell Electric Vehicles, Hybrid Electric Vehicles, Plug-In Hybrid Electric Vehicles), Application (Passenger Vehicles, Commercial Vehicles {LCV, MHCV}), End Users (OEMs, Aftermarket), Component (Electric Motor, Motor Controller, Battery & Fuel Cells, Regenerative Braking, Drive System, Vehicle Body, Chasis, Others)

Competitive landscape highlighting important parameters that players are gaining along with the Market Development/evolution
- % Market Share, Segment Revenue, Swot Analysis for each profiled company [BMW AG (Germany), Tesla (United States), Nissan (Japan), General Motors (United States), Volkswagen (Germany), Polestar (Canada), AUDI AG (Germany), Daimler AG (Germany), JAGUAR LAND ROVER LIMITED (United Kingdom), Ford Motor Company (United States), KIA MOTORS (South Korea), Hyundai Motor Company (South Korea), Renault (France), AB Volvo (Sweden), Toyota Motor Corporation (Japan)]
- Business overview and Product/Service classification
- Product/Service Matrix [Players by Product/Service comparative analysis]
- Recent Developments (Technology advancement, Product Launch or Expansion plan, Manufacturing and R&D etc)
- Consumption, Capacity & Production by Players

Have Any Questions Regarding Global Electric Vehicles (EV) Market Report, Ask Our Experts@

The regional analysis of Global Electric Vehicles (EV) Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2023-2028.

Different Governments planning to stop the sales of traditional fossil fuel vehicles across their countries. For instance, the U.K. government has already planned to end the sale of new diesel and petrol, or gasoline, cars by the year 2035.

In March 2019, Toyota Motor Corporation announced that it has collaborated with Suzuki for the development and launch of electric vehicles in India. Under the agreement, both the companies will be producing electric vehicles and compact cars for each other to compete with rapidly changing technologies in the global auto industry.

Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

Read Executive Summary and Detailed Index of full Research Study @

Highlights of the Report
- The future prospects of the global Electric Vehicles (EV) market during the forecast period 2023-2028 are given in the report.
- The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
- The emerging technologies that are driving the growth of the market are highlighted in the report.
- The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
- The report studies the leading manufacturers and other players entering the global Electric Vehicles (EV) market.

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Praveen Kumar
PR & Marketing Manager
AMA Research & Media LLP
Telephone: (201) 7937323, +1(201) 7937193
Email: Click to Email Praveen Kumar

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