The France Electric Vehicle market is estimated to grow at a CAGR of more than 18.0% during the forecast period. The rising need to address future energy requirements is one of the major factors to drive the growth of the market. Moreover, the cohesive government programs and initiatives to fuel the growth of the EV market in France. France is one of the members of the EV30@30 Campaign that aims to accelerate the deployment of EVs. It sets a collective aspirational goal. In 2018, France Government announced to ban sales of new cars emitting greenhouse gases by 2040. Moreover, the French government stated that it intends to reach a fleet of 1 million BEVs and PHEVs in 2022. 

Moreover, under the framework of the Green, Car Initiative started in November 2008 the France economic recovery plan had been presented to support a Europe-wide electromobility initiative, Green eMotion, worth $46.1 million, in partnership with 42 partners from electric car manufacturers,  industry, municipalities, research institutions, universities, technology, research institutions, and utilities. According to the action plan, the France Commission will invest $26.7 million to finance the initiative's activities. The growing public-private partnership to support the adoption of electric vehicles is anticipated to fuel the growth EV market in France.

The market is segmented on the basis of vehicle type, propulsion technology, and battery type. Based on vehicle type, the market is sub-segmented into commercial vehicles, passenger cars, and two-wheeler. Based on propulsion technology, the market is sub-segmented into battery electric vehicles and plug-in hybrid electric vehicles. Based on Battery Type, the market is sub-segmented into NiMH, Li-Ion, and others. Based on battery type, the Li-ion batteries are anticipated to witness considerable growth. 

Research Methodology

The market study of the France electric vehicle market is incorporated by extensive primary and secondary research conducted by the research team.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for auto ancillaries, auto-manufacturers, vendors, and venture capitalists among others for the overall market and competitive analysis. The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. France Electric Vehicle Market Research and Analysis by vehicle Type 
2. France Electric Vehicle Market Research and Analysis by Propulsion Technology
3. France Electric Vehicle Market Research and Analysis by Battery Type

The Report Covers

• Comprehensive research methodology of the France electric vehicle market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the France electric vehicle market.
• Insights about market determinants which are stimulating the France electric vehicle market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.