Electric Vehicles has been gaining significant attention among the automobile manufacturers worldwide due to rapidly growing environmental concerns coupled with highly volatile oil prices. To overcome this problem, achieving sustainable transportation has emerged as a vital mission. Within that, electric vehicles has emerged as the most promising alternative to increased energy security and reduced emissions of greenhouse gases and other pollutants. Thus, electric vehicle sale is anticipated to reach around 7.5 Million Units by the end of 2020, growing at a CAGR of around 19% during 2014-2020.
The report “Global Electric Vehicles Market Outlook 2020”, covers a comprehensive study of current electric vehicles’ market scenario coupled with an analysis on the basis of type, player and model. It discusses different drivers and challenges of the market and provides forecasts to give an understanding of the market dynamics. It also discusses the industry’s potential growth areas and technological developments to aid players in designing their business strategies and provide them with key insights that can help boost their profits.
The report further covers an analysis of the global electric vehicles market, broken down into two major grounds viz. key markets and key competitors. It studies the electric vehicles’ markets of 12 major countries covering their current market scenarios, sales by type and major players, and provides their future outlook by players. This has helped our analysts to clearly identify and highlight the markets offering maximum opportunity for growth.
The study subsequently delves into a detailed description of major electric vehicle manufacturers covering their sales by model coupled with their recent activities. The report includes a strength and weakness analysis of the players to facilitate readers gain a deeper insight into the competitive scenario of the industry. In nutshell, the research provides all the prerequisite information for intending clients looking out to venture into these markets, and facilitates them to devise strategies, while embarking on an investment/partnership in the electric vehicles industry.
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