The Electric Vehicles Market report includes Tesla, Volkswagen and SAIC Motors among others

DublinAnd May 9, 2022 /PRNewswire/ – “Electric vehicle market by component, vehicle type, vehicle class, propulsion (BEV, PHEV, FCEV), vehicle driving type (FWD, RWD, AWD), vehicle top speed (<_25>125 MPH), Charging Point Type, Vehicle Connection, End Use, Region – 2030 Global Outlook” report added to an offer.

The global electric vehicle market size is expected to reach 39,208 thousand units by 2030, from an estimated 8,151 thousand units in 2022, an average of compound annual growth rate 21.7%.

Passenger car segment is expected to be the largest auto segment market in forecast

Electric passenger cars are the largest segment in the electric vehicle market and are expected to experience significant growth during the forecast period. Availability of a wide range of models, cutting-edge technology, increased customer awareness, availability of tax subsidies and deductions are the main factors that drive the market.

The major electric vehicle manufacturers such as Tesla, BYD, BMW, Volkswagen, Nissan, Toyota, Honda, Hyundai, Daimler, Volvo, GM, SAIC, etc. have been strong players in the market. These companies have a strong market for their electric vehicles around the world. Passenger cars represent the largest share of the electric vehicle market. countries like China It has a lower waiting period for electric vehicles compared to that of cars powered by an ICE engine. Due to the increasingly stringent emission standards, European countries plan to reduce the emissions of their vehicles by 2030-2035. United States and China It also follows such an agreement which further supports the market growth. The rapid growth of electric vehicle chargers has also led to the growth of the electric passenger vehicle market.

DC (Supercharging) to be the fastest growing electronic charging sector in the forecast period

Currently, Asia It has the largest number of DC chargers in the world, while Europe Standing in second place. High investment by governments has played an important role in the region. Superchargers are expected to grow at a rapid rate in all three regions, especially in the North American region due to the expected rapid transformation of electric vehicles in the United States. In the European area, there is a supercharger mostly in countries like NorwayAnd Hollandand the United Kingdom etc.

at Asiathe supercharger is mostly found in China and some in Japan And South Korea. Several countries have announced plans for a massive expansion of electric vehicle charging stations of both types in the next five to ten years. at North Amarica, many companies are cooperating with different countries to accelerate the development of supercharging infrastructure. In the forecast period, superchargers may grow fastest in Asia region and second highest in North America region.

The lower price segment is expected to be the largest in the auto segment segment in the forecast period

Low-priced electric vehicles are mainly available in Asia Pacific District. China Major electric vehicle manufacturers like SAIC Motors, BYD, etc., offer electric vehicles under this category. Some low-end electric vehicles of European and North American models also fall into this category. However, they have a low to moderate market share in these regions. Some of the newest electric cars in India It also falls into this category, with Tata Motors launching electric vehicles at an approximate cost 18,000 USD in the year 2020.

Suzuki is expected to enter the low price segment in the coming years with plans to open new manufacturing facilities in India. Tesla’s upcoming Model 2 for the Chinese market is also expected to cost 20,000 USD. With affordability being the key criterion in the sector, it has huge potential in the long run, with countries putting in place policies for a full transition to electric vehicles in the coming decades. Low-priced electric cars are small, lightweight, and less expensive to produce and purchase. This type of EV is also called Mini-EVs and is mainly available in China.

Some of the best selling, affordable electric vehicles are offered by BYD, SAIC Motors and Great Wall Motors (China). at April 2020the world’s cheapest EV (Wuling HongGuang Mini EV) was launched in China. cost approx 5000 USD It has no additional features except for conventional driving. This also became one of the best-selling electric vehicle models in 2020 and 2021. Great Wall Motors’ Black Cat, White Cat and Good Cat were among the company’s best-selling electric vehicles, propelling it to be one of the largest manufacturers of electric vehicles in the world in 2021. In November 2020Great Wall Motors launched its latest electric car (Good Cat), whose sales began in Thailand in 2021. BYD’s Han, Qin Plus PHEV, Song and Qin Plus EV also had big sales in 2021, which belongs to this segment.

Main topics covered:

1 Introduction

2. Research Methodology

3. Executive Summary

4. Distinctive Insights
4.1 Attractive opportunities in the electric car market
4.2 Electric vehicle charging station market, by type of charging point
4.3 Electric vehicle market by vehicle type
4.4 Electric Vehicle Market by Vehicle Class
4.5 Electric Vehicle Market by Payment Type
4.6 Electric vehicle market by vehicle speed limit
4.7 Electric Vehicle Market by Vehicle Driving Type
4.8 Electric Vehicle Market Growth Rate by Region

5. Market Overview
5.1 Introduction
5.2 Market dynamics
5.2.1 Drivers Reducing battery prices to support demand for cost-effective electric vehicles Faster charging speed to enable the use of plug and charging for electric vehicles Rising oil prices increase demand for electric vehicles due to lower cost of electricity Lower emissions contribute to demand for electric vehicles Development of fees for private and semi-public electric vehicles
5.2.2 Limitations High initial investment to install fast charging infrastructure for electric vehicles Inadequate EV charging infrastructure to slow EV adoption Longer charging time than other fuels to impede switching to EVs Low Range Baskets For Vehicle Use Of Electric Vehicles For Travel
5.2.3 Opportunities Increasing demand for electric vehicles in the automotive and transportation sectors Government initiatives related to electric vehicles Development of wireless charging technology for electric vehicles for charging on the go Use of electric vehicles for fleet and commercial applications
5.2.4 Challenges The higher cost of electric vehicles compared to snow Inadequate standardization of electric vehicle charging infrastructure Low availability of lithium for use in electric vehicle batteries Insufficient network infrastructure globally
5.3 Porter’s Five Forces
5.4 New and upcoming electric car models, 2021-2025
5.5 best-selling electric car models in 2021 (in thousands worldwide)
5.6 Electric Vehicle Market Ecosystem
5.7 Notable Developments in the Electric Vehicles Market (2021)
5.8 Supply Chain Analysis
5.9 Electric Vehicle Price Analysis
5.10 Technology Analysis
5.11 Patent Analysis
5.12 Trade Analysis
5.13 Case Study
5.13.1 Nissan LEAF V Durham County, North Carolina
5.13.2 Adoption of electric buses as public transportation in Shenzhen, China
5.14 Regulatory Overview
5.15 Major conferences and events in 2022-2023
5.16 Trends and turbulence
5.17 Analysis of the impact of COVID-19
5.18 Electric Vehicles Market, Scenarios (2022-2030)

6. Electric vehicle charging station market, by type of charging point
6.1 Introduction
6.1.1 Operational data
6.1.2 Assumptions
6.1.3 Research Methodology
6.2 AC (normal charging)
6.2.1 Increased adoption of electric vehicles to increase demand
6.3 dc (super charge)
6.3.1 Demand for fast charging of electric vehicles to support the growth of the supercharging sector
6.4 inductive charging
6.5 Key Core Insights

7. Electric Vehicle Market by Components
7.1 Introduction
7.2 Battery cells and packs
7.3 On-board charger
7.4 Engine
7.5 discount
7.6 Power Control Module
7.7 Battery management system
7.8 fuel cell stack
7.9 Fuel Handler
7.1 Air conditioner
7.11 Air Compressor
7.12 Humidifier

8. Electric vehicle market by type of payment
8.1 Introduction
8.1.1 Operation data
8.1.2 Assumptions
8.1.3 Research Methodology
8.2 Battery Electric Vehicle (BEV)
8.2.1 Increased vehicle range per charge to increase demand
8.3 Fuel Cell Electric Vehicle (FCEV)
8.3.1 Demand for Zero Emission Vehicles to Raise the FCEV Market
8.4 Plug-in Hybrid Electric Vehicle (PHEV)
8.4.1 Government provision of tax benefits and incentives to significantly drive demand for Phevs
8.5 Hybrid Electric Vehicle (HEV)
8.6 Key Core Insights

9. Electric vehicle market by vehicle category
9.1 Introduction
9.1.1 Operational data
9.1.2 Assumptions
9.1.3 Research Methodology
9.2 Low Price
9.2.1 Increasing demand for affordable electric vehicles due to upcoming strict laws to increase demand
9.3 average price
9.3.1 Reduction in battery price is expected to improve demand
9.4 Luxury
9.4.1 Advanced technology is expected to increase the demand for the luxury sector
9.5 Key Core Insights

10. Electric vehicle market by vehicle type
10.1 Introduction
10.1.1 Operational data
10.1.2 Assumptions
10.1.3 Research Methodology
10.2 Front Wheel Drive (FWD)
10.3 RWD
10.4 All Wheel Drive (AWD)
10.5 Key Core Insights

11. Electric vehicle market according to vehicle speed limit
11.1 Introduction
11.1.1 Operational data
11.1.2 Assumptions
11.1.3 Research Methodology
11.2 <_25 />The fall in the price of electric vehicles is expected to increase demand 11.2.1
11.3 > 125 mph
11.3.1 Demand for advanced vehicles is expected to increase demand
11.4 Key Core Insights

12. Electric vehicle market by vehicle type
12.1 Introduction
12.1.1 Operational data
12.1.2 Assumptions
12.1.3 Research Methodology
12.2 Passenger car (PC)
12.2.1 Increased emission standards to boost market demand
12.3 Commercial Vehicles (CV)
12.3.1 Anticipating the growth of e-commerce and logistics services in amplifying demand
12.4 Key Core Insights

13. Electric vehicle market by connecting vehicles
13.1 Introduction
13.2 V2B or V2I
13.3 V2G
13.4 V 2 V
13.5 V2X

14. Electric vehicle market, by end use
14.1 Introduction
14.2 Operational data
14.3 Special
14.4 Merchant fleets

15. Electric Vehicle Market by Region

16. Competitive landscape

17. Company Profiles
17.1 The main players
17.1.1 Tesla
17.1.2 Volkswagen AG
17.1.3 SAIC Motors
17.1.4 BYD
17.1.5 Stellants
17.1.6 BMW Group
17.1.7 Nissan Motors
17.1.8 Hyundai Group
17.1.9 Great Wall Motors
17.1.10 Toyota Motor Corporation
17.1.11 GAC Motors
17.1.12 Renault Group
17.2 Other major players
17.2.1 Jelly
17.2.2 General Motors
17.2.3 Rivian
17.2.4 Fisker
17.2.5 Lucid Motors Company
17.2.6 Ford Motor Company
17.2.7 BAIC Motors
17.2.8 Mitsubishi Motors
17.2.9 Chery
17.2.10 jack
17.2.11 Zoet
17.2.12 Daimler AG
17.3 Major Startups
17.3.1 Xping
17.3.2 byton
17.3.3 Nikola Corporation
17.3.4 Altcraft Motor
17.3.5 New
17.3.6 Faraday’s future
17.3.7 Leap Motors
17.3.8 WM Motors
17.3.9 Frisco Motors
17.3.10 Lordstown Motors

18. Analyst Recommendations

19. Appendix

For more information on this report, visit

Media contact:

Research and Markets
Laura Wooddirector, mentor
[email protected]

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