Electric Vehicle Market – Unraveling Challenges and Opportunities
The Electric Vehicle Market is projected to reach 26,951,318 units by 2030 from an estimated 3,269,671 units in 2019, at a CAGR of 21.1%. The growing trend of greener transport is the major factor responsible for the expected advancements in this market. Electric vehicles, including BEVs, PHEVs, and FCEVs, are expected to play a major role in the future to achieve the emission targets for different...
EV Connectors Market Analysis with Ongoing Trends & Market Revenue
Favorable government policies and support in terms of subsidies and grants, tax rebates for EVs and EV charging infrastructure would drive the growth of EV charging stations. Thus, EV connectors market would grow subsequently by 2025.
The Global EV Connectors Market shows significant projected growth at a CAGR of 18.44% from USD 30 million in 2018 to reach USD 98 million by 2025.
EV connectors act...
Electric Vehicle Range Extender Market: Geographic Growth Opportunities (2018–2025)
The electric vehicle range extender market is estimated to be 218,129 units in 2018 and is projected to reach 479,027 units by 2025, at a CAGR of 11.89% from 2018 to 2025. Government initiatives to implement strict emission norms and growing demand for driving range extension of the electric vehicle are the key factors driving the market growth.
The governments of several countries such as the US,...