Electric Vehicle Market in North America is expected to register a CAGR of 23.8% during the forecast period (2019-2025) - KBV Research

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According to a new report North America Electric Vehicle Market, published by KBV research, the North America Electric Vehicle Market would witness market growth of 23.8% CAGR during the forecast period (2019-2025).

The US market dominated the North America Hybrid Electric Vehicle Market by Country 2018, and would continue to be a dominant market till 2025; growing at a CAGR of 16.1 % during the forecast period. The Canada market is expected to witness a CAGR of 19.5% during (2019 - 2025). Additionally, The Mexico market is expected to witness a CAGR of 18.4% during (2019 - 2025).

The Passenger Vehicles market dominated the North America Electric Vehicle Market by Vehicle Type 2018, growing at a CAGR of 22.9 % during the forecast period. The Two-wheeler market is expected to witness a CAGR of 24.6% during (2019 - 2025).

The Hybrid Electric Vehicle market dominated the Canada Electric Vehicle Market by Type 2018, growing at a CAGR of 19.5 % during the forecast period. The Battery Electric Vehicle market is expected to witness a CAGR of 31.8% during (2019 - 2025). Additionally, The Plug-in Hybrid Electric Vehicle market is expected to witness highest CAGR of 33.4% during (2019 - 2025).

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

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. 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.

North America 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 Country

  • US Electric Vehicle Market
  • Canada Electric Vehicle Market
  • Mexico Electric Vehicle Market
  • Rest of North America Electric Vehicle Market

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.

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

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