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Latest Press Releases
Investment in Electric Car Charging Stations to Promote European Electric Car Market
Published: Jan 2021
European electric car market is anticipated to exhibit considerable growth during the forecast period (2019-2025). High disposable income, favorable government policies, government subsidies, and continuous introduction of the new car models are some of the major factors to encourage electric cars across Europe.
German Funding for E-Buses will Promote Germany Electric Bus Market
Published: Jan 2021
Germany electric bus market is estimated to grow at a considerable CAGR during the forecast period (2019-2025). Funding plays a crucial role in purchasing electric buses. In Germany, municipalities are considered to be the key end-users of electric buses to decline the carbon emission level. Berlin, Frankfurt, and Hamburg municipalities are under the impression of purchasing electric buses to limit the carbon emission level.
Modular EV Technology: New Opportunity for Germany Electric Vehicle Market
Published: Jan 2021
Germany electric vehicle (EV) market is anticipated to grow at a significant CAGR of 23.0% during the forecast period (2019-2025). Germany is a major automotive market player across Europe. According to Germany Trade and Invest, in 2019, Germany accounted for around 25.0% of all passenger cars manufactured (4.7 million) and approximately 20.0% of all new car registrations (3.6 million).
Construction of New Electric Vehicle Battery Plant to Boost Germany Electric Vehicle Battery Market
Published: Jan 2021
Germany electric vehicle (EV) battery market is anticipated to grow at a significant double-digit CAGR during the forecast period (2019-2025). The existence of cohesive government programs and initiatives are driving the sale and manufacturing of EVs in Germany. It is a major factor that is generating the demand for EV batteries in the country.
Partnership & Collaboration: Key trend in India Electric Bus Market
Published: Jan 2021
India electric bus market is anticipated to grow at a considerable CAGR during the forecast period (2019-2025). Rapid urbanization, rise in demand for improved public transport along with cohesive government initiatives and schemes to promote adoption of EVs. It is encouraging OEM to manufacture electric buses with high range capacity.
Tesla announced to arrive the India Electric Car Market
Published: Jan 2021
The India electric car market is anticipated to grow at an exponential CAGR during the forecast period (2019-2025). In India, cohesive government policies, and the presence of a huge customer base are the prominent factors that are promoting demand for clean and green energy cars. For instance, as a part of the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme an amount of up to $2,000 will be offered as a subsidiary on an electric car. 
Ingress of Uber in Electric Rickshaw Segment to Encourage India Electric Rickshaw Market
Published: Jan 2021
India electric rickshaw market is anticipated to grow at a considerable CAGR during the forecast period (2019-2025). Rapid urbanization, rise in demand for improved public transport along with cohesive government initiatives and schemes are promoting the adoption of electric vehicles in the country. 
Expansion of Electric Vehicle Battery Plant to Drive India Electric Vehicle Battery Market
Published: Jan 2021
India electric vehicle (EV) battery market is anticipated to grow at a significant CAGR during the forecast period (2019-2025). The existence cohesive government programs and initiatives are driving the sale and manufacturing of EVs in India. It is a major factor that is generating the demand for EV batteries in the country. 
FAME Programme to Drive India Electric Vehicle Charger Market
Published: Jan 2021
India electric vehicle charger market is anticipated to grow at a CAGR of over 25.0% during the forecast period, 2019-2025. The cohesive government regulations to increase sales of EVs are a key factor creating demand for charging infrastructure in the country. Under Phase-II of the FAME India Scheme, the Government of India (GoI) intends to support the development of EV charging infrastructure by extending capital grants to organizations for promoting the use of electric vehicles.
New EV Battery Manufacturing Facility to Promote the US Electric Vehicle Battery Market
Published: Jan 2021
The US electric vehicle (EV) battery market is anticipated to grow at a significant CAGR of 11.0% during the forecast period (2019-2025). The US is a key market for the electric vehicle however the sales of the EV are quite low in the country as compared to other parts of the globe. It is majorly due to high cost of electric vehicle, lack of any nation-wide subsidy program and limited range of EVs.