Investment in E-Bus Infrastructure to Drive the Canada Electric Bus Market
Published: Feb 2021
Canada electric bus market is estimated to grow at a significant CAGR during the forecast period (2019-2025). The on-going projects regarding the efficiency of the electric buses in the country to drive the regional growth of the market. Moreover, the government initiatives to surge the adoption of zero-emission buses and charging infrastructure will drive the growth of the Canada electric bus industry in the near future.
India to Witness Tremendous Growth in the Asia-Pacific Electric Vehicle Market
Published: Feb 2021
Asia-Pacific Electric Vehicle market is estimated to grow at a CAGR of over 21.0% during the forecast period (2019-2025). China, Japan, India, and South Korea are the major countries contributing significantly to the regional growth of the market. India is a very potential region in terms of EV industry growth. Tesla has already announced to enter the Indian electric vehicle industry.
Start-Ups Showcasing Made in India Electric Car to Create Opportunity for India Electric Vehicle Market
Published: Feb 2021
The India electric vehicle market is projected to grow at a significant CAGR during the forecast period (2019-2025). The market growth is attributed to the increasing interest of start-ups in the domestic market of the EV landscape. For instance, in January 2021, Ozon Motors announced to debut in India. The company will unveil its first product (Alice Urban) in 2021 (month not specified) as a potential game-changer for the domestic EV segment.
Increasing Environment Concern May Drive Canada Electric Car Market
Published: Feb 2021
The Canada electric car market is projected to grow at a significant CAGR during the forecast period (2019-2025). The market growth is attributed to the increasing environmental concern that has encouraged the adoption of electric cars in the country. According to the International Energy Agency, Canadians drive the most polluting cars across the globe.
Government Plan to Double EV Subsidy Will Accelerate Japan Electric Car Market
Published: Feb 2021
The Japan electric car market is projected to grow at a significant CAGR during the forecast period (2019-2025). The market growth is attributed to the supporting government policies. The government has planned to phase out gasoline-powered electric cars by mid-2030, which will ultimately drive the electric car industry in Japan.
UK Electric Car Market to Observe Significant Growth Post-Brexit
Published: Feb 2021
The UK electric car market is anticipated to grow with a significant CAGR of 20.0% during the forecast period (2019-2025). The primary factors that are expected to drive the UK electric car market include rising competition, increasing awareness regarding zero-emission vehicles, and rising government initiatives for the adoption of electric cars.
South Korea Electric Car Market to Witness Substantial Growth in the Coming Years
Published: Feb 2021
The South Korea electric car market is anticipated to grow with a significant CAGR during the forecast period (2019-2025). The major factors that are driving the South Korean electric car industry include rising competition among EV makers, government subsidies, and rising demand for zero-emission vehicles.
US To Play A Significant Part in Growth of The North American Electric Bus Market
Published: Feb 2021
The North American Electric Bus market is anticipated to grow with a significant CAGR during the forecast period (2019-2025). Increasing consciousness of automobile emissions, lower running, and maintenance costs, as well as rising government measures to promote the use of electric vehicles, are the major factors that are expected to play a chief role in contributing to the growth of the North American electric bus market.
Netherlands To Be A Dominant Country in The Electric Car Market
Published: Feb 2021
The Netherlands electric Car market is anticipated to grow with a significant CAGR of more than 23% during the forecast period (2019-2025). The Netherlands is a frontrunner in adopting electric car among all the European Union member countries. The primary factor of this development is the environmental awareness of the authorities of the country.
Decarbonizing Indonesia’s Road Transport Sector: Key Motivator of Indonesia Electric Two-Wheeler Market
Published: Feb 2021
Indonesia electric two-wheeler market is estimated to grow at a lucrative CAGR during the forecast period. As per the World Air Quality Project, in 2019, Jakarta, the capital of Indonesia was the 6th most polluted city out of 98 cities studied globally. As per the WHO’s air quality guidelines, the annual mean concentrations of PM2.5 should not exceed 10 µg/m3 and 20 µg/m3 for PM10.