Market Research Reports

Governments across the globe are going that extra mile to encourage the uptake of electric cars among people rather than rending limited support. They are increasingly allotting significant funds and grants to encourage innovation and investment to accelerate the uptake of Electric Vehicle (EV)s. Post 2027, accelerating demand for Electric Vehicle (EV)s attributing to advance battery technology, government mandate and initiatives for speedy uptake of electric cars coupled with the sunken battery cost and significantly lowered prices of Electric Vehicle (EV)s will phenomenally drive the market growth. At present, high cost of Electric Vehicle (EV) and high charging time of vehicle are the factors which are hindering the growth of  Electric Vehicle (EV) Market . Key Players Nissan motors (Japan), Tesla Corporation (U.S.), General motors (U.S.), Mitsubishi Motors (Japan), Volkswagen (Germany), Daimler AG (Germany), Smith Electric Vehicle (EV) (U.S.), Bosch GmbH (Germany), ...

The global Electric Vehicle (EV) (EV) market has witnessed exponential growth over the years, and the market was valued at USD 106.5 Bn in 2016 and is expected to grow at a significant CAGR of 18.96 % and double its revenue to USD 356.5 Bn over the forecast period of 2015-2023, reveals a research report by Market Research Future (MRFR).  The electronic vehicle's market appears to be promising, and a number of factors are helping to shape up the market growth. The growth in the  Electric Vehicle (EV) market  is primarily driven by a rise in fuel prices and a surge in demand for Electric Vehicle (EV) due to the increasing popularity of Electric Vehicle (EV). The increase in demand for passenger cars coupled with a rise in personal car ownership lays a favorable situation for market growth. The cost of operation of Electric Vehicle (EV) is much less compared to that of conventional vehicles.  Additionally, auto-manufacturers worldwide are entering into new emergin...

The first one came out in between 1828 and 1835. Yes, electric car is that old. Edison worked tirelessly for better batteries. Ferdinand Porsche invented the first hybrid electric car in 1901. With such a history, why the trend faded out? The answer could be any of the following interest of the fuel marketeers, lack of charging infrastructure, speed, and many more. But the interest got renewed in the 1970’s. With depleting fuel reserve, skyrocketing fuel price, increasing carbon footprint, governments and innovators had to step in. And their initiatives are bearing fruits now. It could solve problems of gas-guzzling traffic and choked arteries of cities. Electric cars are now waiting for the right time to take the charge over from fuel cars. So, how far the problems have been resolved? A simple look at the current progress would provide a feasible prospect of transportation going electric real soon. Though electric cars account for just a fraction of cars on the road at present, ...