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.
Onset of Ola’s EV Manufacturing Plant in India to Accelerate India Electric Two-Wheeler Market
Published: Feb 2021
India electric two-wheeler market is anticipated to grow at a significant CAGR during the forecast period (2019-2025). Ola, a major ride-hailing Indian company is betting big on the Indian two-wheeler market by investing $330 million in building its EV plant in Tamil Nadu, India.
2020 Was a Modest Year for Australia Electric Car Market
Published: Feb 2021
Australia electric car market is expected to witness significant growth during the forecast period. The electric car market in the country is at the nascent stage, and new companies with new designs and new concepts are arriving in the Australian electric car industry.
Brazil and Argentina to be the Flag Bearer of Latin America Electric Car Market
Published: Feb 2021
The Latin America electric car market is anticipated to grow with a significant CAGR of 18.5% during the forecast period (2019-2025). In order to make electric vehicles a more viable choice for drivers and to promote more testing, Brazil is working to introduce legislation to facilitate the manufacture of electric vehicles.
Potency to Become EV battery powerhouse is Accelerating European EV battery Market
Published: Feb 2021
The European electric vehicle (EV) battery market is anticipated to grow at a lucrative CAGR during the forecast period (2020-2026). As per the American Chemical Society (ACS), Europe held only a 3.0% share of the global lithium-ion battery market in 2020.
Tesla Tabless Battery Design Present Lucrative Opportunity to the Global Electric Vehicle Battery Market
Published: Feb 2021
The global electric vehicle battery market is anticipated to grow at a considerable CAGR during the forecast period (2020-2026). The high cost and low range EVs are a major restrain for the higher adoption level of EVs across the globe. Therefore, there is a continuous need for innovation in battery design to make it more compact & powerful to increase the range of EVs.