Rising Popularity of BEV such as Tesla Model to Drive the US Battery Electric Vehicle Market
Published: Mar 2021
The US battery electric vehicle market is projected to grow at a CAGR of more than 18.0% during the forecast period (2019-2025). The rising popularity of BEV, new EV model launches, and developing charging infrastructure are the key factors propelling the growth of the market. Tesla’s battery electric vehicle sales in the US are contributing around 40-50% in the total EV sales.
Rising Demand for Battery Electric Vehicle due to Government Policies to Drive the UK Battery Electric Vehicle Market
Published: Mar 2021
The UK battery electric vehicle market is projected to grow at a significant CAGR of more than 22.0% during the forecast period (2019-2025). The government policies and rising demand for electric vehicles are the key factors propelling the growth of the market.
Incentives Available for Purchase of EVs to Achieve Zero Emission Target Drives the Spain Electric Bus Market
Published: Mar 2021
Spain electric bus market is projected to grow at a considerable CAGR during the forecast period (2019-2025). The increasing awareness to reduce greenhouse gases and government incentives availability is the key factors to drive the growth of the market. The Spanish Government is aiming to reduce greenhouse gases emission by 2030.
Increasing Adoption of Electric Vehicles to Create Demand for Charging Stations and Drive the South Africa Electric Vehicle Charger Market
Published: Mar 2021
South Africa electric vehicle charger market is projected to grow at CAGR of more than 10.0% during the forecast period (2019-2025). The key factors that are propelling the growth of the market include the rising environmental concern coupled with the increasing adoption of electric vehicles due to the availability of charging stations in the region.
Adoption of Electric Vehicles Due to Incentives Available Driving the Norway Electric Vehicle Market
Published: Mar 2021
Norway electric vehicle market is projected to grow at CAGR of more than 18.0% during the forecast period (2019-2025). Adoption of electric vehicles due to strong incentives availability is propelling the growth of the market. In 2021, Norway EV Association announced that electric vehicle sold in Norway was over 100,000 in 2020.
Public and Private Investment in the Charging Infrastructure to Drive the Germany Electric Vehicle Charger Market
Published: Mar 2021
Germany electric vehicle charger market is projected to grow at a significant CAGR of more than 21.0% during the forecast period (2019-2025). Government support, major players' initiatives, and high purchasing power are the key factors to propel the growth of the market. In 2019, around 63,000 electric cars were sold and in 2018, the sales stood at 36,000.
Government Support for the Purchase of Charging Points to Drive the France Electric Vehicle Charger Market
Published: Mar 2021
France electric vehicle charger market is projected to grow at a considerable CAGR of more than 19.0% during the forecast period (2019-2025). Development in electric charging infrastructure and government support for the purchase of the electric vehicle is the key factor propelling the growth of the France electric vehicle charger industry.
Start-Ups Support in Finland is Driving the Electric Car Market
Published: Mar 2021
Finland electric car market is projected to grow at CAGR of more than 20.0% during the forecast period (2019-2025). The key factors to drive the growth of the market include rising start-up in electric vehicles, well-developed charging infrastructure, and government support. Various start-ups in Finland are driving the electric vehicle market.
Increasing Demand for Light Weight Vehicles to Drive the Global Electric Vehicle Plastics Market
Published: Mar 2021
The global electric vehicle plastics market is projected to grow at a considerable CAGR of more than 27.5% during the forecast period (2020-2026). Increasing demand for lightweight plastics for electric vehicles and increasing demand for electric vehicles across the globe are the key factors propelling the growth of the market.
Increasing Sales of Electric Vehicles Due to Availability of Charging Infrastructure to Drive the Global Electric Vehicle Market
Published: Mar 2021
The global electric vehicle market is projected to grow at a considerable CAGR of more than 20.0% during the forecast period (2019-2025). The growing sales of electric vehicles globally due to increasing charging infrastructure and government initiatives are the key factors that are propelling the growth of the market.