Global Electric Vehicle Market to reach a market size of $602.8 billion by 2025 - KBV Research

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According to a new report Global Electric Vehicle Market, published by KBV research, The Global Electric Vehicle Market size is expected to reach $602.8 billion by 2025, rising at a market growth of 24.7% CAGR during the forecast period.

The Hybrid Electric Vehicle market dominated the Global Electric Vehicle Market by Type 2018, growing at a CAGR of 17.7 % during the forecast period. The Battery Electric Vehicle market is expected to witness a CAGR of 29.7% during (2019 - 2025). Additionally, The Plug-in Hybrid Electric Vehicle market is expected to witness highest CAGR of 31.5% during (2019 - 2025).

The Passenger Vehicles market dominated the Global Electric Vehicle Market by Vehicle Type 2018, growing at a CAGR of 23.8 % during the forecast period. The Two-wheeler market is expected to witness a CAGR of 25.5% during (2019 - 2025).

The Asia Pacific market dominated the Global Electric Vehicle Market by Region 2018, growing at a CAGR of 25.4 % during the forecast period. The Europe market is expected to witness a CAGR of 23.6% during (2019 - 2025). Additionally, The North America market is expected to witness a CAGR of 23.8% during (2019 - 2025).

Full Report: https://www.kbvresearch.com/electric-vehicle-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Tesla, Inc., Volkswagen AG, Honda Motor Co. Ltd., BYD Company Limited, Volvo Group, BMW Group, Toyota Motor Corporation, Ford Motors Co. Ltd., Daimler AG and General Motors Co.

Global Electric Vehicle Market Segmentation

By Type

  • Hybrid Electric Vehicle
  • Battery Electric Vehicle
  • Plug-in Hybrid Electric Vehicle

By Vehicle Type

  • Passenger Vehicles
  • Two-wheeler
  • Commercial Vehicle

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Norway
    • Netherlands
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Taiwan
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • Tesla, Inc.
  • Volkswagen AG
  • Honda Motor Co. Ltd.
  • BYD Company Limited
  • Volvo Group
  • BMW Group
  • Toyota Motor Corporation
  • Ford Motors Co. Ltd.
  • Daimler AG
  • General Motors Co.

Unique Offerings from KBV Research

  • Exhaustive coverage
  • Highest number of market tables and figures
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  • Assured post sales research support with 10% customization free

Electric Vehicle Market Related Reports:

North America Market

Europe Market

Asia Pacific Market

LAMEA Market

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