Electric Car Market Gaining Momentum Ahead on Innovation| Mercedes, Tesla, Hyundai
Advance Market Analytics added research publication document on Worldwide Electric Car Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Worldwide Electric Car market. The study provides valuable market size data for historical (Volume** & Value) from 2019 to 2022 which is estimated and forecasted till 2030*. Some are the key & emerging players that are part of coverage and have being profiled are Tesla (United States), Tata Motors (India), Audi (Germany), Mercedes (Germany), Jaguar (United Kingdom), Hyundai (South Korea), MG Motors (Birmingham), Mahindra (India), BMW (Germany), Volkswagen AG (Germany).
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The electric car is also known as the battery-electric car. This is automotive that is impelled by at least one electric engine, utilizing energy put away in batteries. Electric vehicles are quieter and have no fumes emanating, and lower outflows overall. Electric vehicles are less expensive than identical ICE vehicles, because of lower powering and upkeep costs. Charging an electric car should be possible at an assortment of charging stations and these stations can be introduced in public areas. Electric cars are a kind of electric vehicle (EV) that has a battery-powered battery pack locally available that can be charged from the electric matrix, and the power put away on the vehicle is the main source that drives the wheels for impetus. The expression "electric cars" by and large alludes to expressway skilled cars, yet there are likewise low-speed electric vehicles with limits as far as weight, force, and greatest speed that are permitted to go on open streets.
On 22 September 2021, German luxury car manufacturer Audi, added two fully electric four-door coupes the Audi e-Tron GT and the Audi RS e-Tron GT a€“ to its range of electric vehicles in India. These are the first fully electric sports cars from Audi and these vehicles are designed to outperform
Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Electric Car Market various segments and emerging territory.
Influencing Market Trend
·??????? Different countries shifting from normal vehicles to electric vehicles to protect the environment and due to scare of oil resources
·??????? Growing demand for the electric car in the emerging countries
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Market Drivers
·??????? Growing demand for low emission commuting long-range supporting electric cars
·??????? Increase in technological advancements regarding batteries and rise in production of batteries on a mass scale in large volumes
·??????? Decrease in cost of Electric Vehicle batteries
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Opportunities:
·??????? The government are taking initiatives to promote electric vehicle
·??????? Increase research and development activities by existing and new organizations in electric cars
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Challenges:
·??????? Insufficient standardization of charging infrastructure
·??????? Reduction of buying and maintenance cost of the electric cars
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Analysis by Type (Battery Electric Car, Hybrid Electric Car, Plug-In Hybrid Electric Car), Application (Commercial Use, Household Use), Speed (<125 MPH, >125 MPH), Pricing (Mid-Priced, Semi-Luxury, Luxury), Car Type (Passenger Cars, Commercial Cars), Drive (All-Wheel Drive, Front-Wheel Drive, Rear Wheel Drive), Charging (Normal Charging, Super Charging)
Competitive landscape highlighting important parameters that players are gaining along with the Market Development/evolution
? % Market Share, Segment Revenue, Swot Analysis for each profiled company [Tesla (United States), Tata Motors (India), Audi (Germany), Mercedes (Germany), Jaguar (United Kingdom), Hyundai (South Korea), MG Motors (Birmingham), Mahindra (India), BMW (Germany), Volkswagen AG (Germany)]
? Business overview and Product/Service classification
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? Product/Service Matrix [Players by Product/Service comparative analysis]
? Recent Developments (Technology advancement, Product Launch or Expansion plan, Manufacturing and R&D etc)
? Consumption, Capacity & Production by Players
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The regional analysis of Global Electric Car Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2023-2030. Federal Motor Vehicle Safety Standards (FMVSS) are the United States vehicle regulations and a rule specifying authority provide guidelines regarding design, performance, and durability requirements, safety-related components, systems, and design features.
Canada Motor Vehicle Safety Standards (CMVSS) is the Canadian regulatory body that provides rules and guidelines for vehicle manufacturing and on-road driving rules and regulations.
On 3 September 2021, YASA a British electric motor startup with a revolutionary axial-flux motor, was acquired by Mercedes-Benz. YASA will now develop ultra-high-performance electric motors for Mercedes-Benz’s AMG.EA electric-only platform. It will stay in the U.K. as a fully owned subsidiary, serving both Mercedes-Benz and existing customers like Ferrari.
Table of Content
Chapter One: Industry Overview Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis Chapter Three: Production Market Analysis Chapter Four: Sales Market Analysis Chapter Five: Consumption Market Analysis Chapter Six: Production, Sales and Consumption Market Comparison Analysis Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis Chapter Eight: Competition Analysis by Players Chapter Nine: Marketing Channel Analysis Chapter Ten: New Project Investment Feasibility Analysis Chapter Eleven: Manufacturing Cost Analysis Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers.
Read Executive Summary and Detailed Index of full Research Study @?https://www.advancemarketanalytics.com/reports/75148-global-electric-car-market?utm_source=LinkedIn&utm_medium=Pranita
Highlights of the Report
? The future prospects of the global Electric Car market during the forecast period 2023-2030 are given in the report.
? The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
? The emerging technologies that are driving the growth of the market are highlighted in the report.
? The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
? The report studies the leading manufacturers and other players entering the global Electric Car market.
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