Global Electric Vehicle (EV) Market: Investment & Growth Opportunity Analysis, 2019-2028
$2,800.00 – $5,440.00
Rising environmental concerns and consumer spending coupled with supportive government policies are fueling the global EV market growth
The global electric vehicle market is estimated to witness a robust growth rate of 23.5% during the period 2019-2028. Rising concern about air pollution in urban areas is one of the key drivers of the growth of the EV market. Conventional fuel vehicles are one of the leading causes of air pollution; it forces government bodies to impose strict rules and regulations on car manufacturers to restrain vehicle emissions.
EVs can reduce reliance on oil-based fuels and deliver significant reductions in greenhouse gas emissions. The governments of several economies are also actively participating in soaring the sales of EVs by focusing on providing subsidies to customers on EV sales. Supportive government policies are helping in increasing demand for EVs in recent years, which is fueling the market growth. However, the market is likely to get hampered by factors including the lack of charging infrastructure, high manufacturing cost, and range anxiety and serviceability. Furthermore, technological advancements coupled with the ongoing development of self-driving EV technology are expected to create ample growth opportunities for the market.
EV100 initiative fostering the demand for global commercial EVs
The EV100 initiative brings together over 100 companies to make electric transport the new normal by 2030. Most of the companies across the globe are shifting their fleets towards global electric light-commercial vehicles. Amazon ordered 100,000 units of commercial vehicles from a startup as it aims to be net-zero emissions by 2040. Leading logistic companies such as FedEx and DHL group are also shifting towards delivering their mail and parcels by EVs.
As per the International Energy Agency (IEA), the number of commercial EVs increased by 23% in 2020, with electric trucks increasing by three times. The Asia Pacific is among the leading regions for commercial EVs in 2020. Due to China’s dominance, the EV market in the Asia Pacific has grown at an exponential rate in recent years. The huge demand for electric buses, favorable regulations for commercial electric vehicles, and the rapidly growing logistics sector are expected to boost the demand for EVs in the region.
Europe is one of the prominent regions
Europe is one of the prominent regions in the global EV market. The steps taken by the governments of European countries to reduce carbon emissions have been driving the growth of the market in the region. According to the IEA, in Europe new electric car registrations more than doubled to 1.4 million representing a sales share of 10% in 2020. Germany registered 395,000 new electric cars and France registered 185,000. In the UK, registrations more than doubled to reach 176,000. Electric cars in Norway reached a record high sales share of 75%, up about one-third from 2019. Sales shares of electric cars exceeded 50% in Iceland, 30% in Sweden, and reached 25% in the Netherlands.
Moreover, the market growth of EVs in Asia-Pacific is led by China, Japan, and South Korea. China is among the leading market for EVs across the region. The governments of Asian economies such as China, India, South Korea, and Japan are supporting the Electric vehicles’ market growth by installing charging stations, framing emission norms, and shifting to full or hybrid from internal combustion engine (ICE) vehicles. Further, the new vehicle scrap policy in India will pave the way for the development of the country’s automotive industry.
Market Structure and Competition Landscape
The global EV market is fragmented in nature, with the presence of various players operating in the market. Some of the prominent players that contribute significantly to the market growth include Tesla Inc., Volkswagen AG, SAIC Motors, BYD Auto Co. Ltd., BMW Group, Nissan Motor Co. Ltd., Hyundai Group, Toyota Motor Corp., Renault Group, GAC Motor, Honda Motor Company Ltd., Mahindra Electric Mobility Ltd., Daimler AG, General Motors Company, and Geely (Zhejiang Geely Holding Group Co., Ltd.) among others.
Tesla is one of the leading companies operating in the global EV market and has a strong foothold in the US Electric Vehicle market. Players operating in the market adopt various strategies in order to reinforce their global electric vehicle market share and gain a competitive edge over other competitors. Mergers and acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global EV market include,
- In February 2022, Reliance Industries Ltd. announced the acquisition of the stake in an EV technology company, Altigreen. The investment is a part of the company’s strategic intent, which is the collaboration with innovative companies. This would enable Reliance to diversify its product and service offerings.
- In November 2021, the US President signed into law the Infrastructure Investments and Jobs Act, the bill includes total spending of US$1.2 trillion. This helped to accelerate EV adoption by building a network of half a million EV chargers in the US.
Significantly, some OEMs plan to reconfigure their product lines to produce only EVs which is also expected to propel the market growth. In the first trimester of 2021, the following announcements were included
- Volvo will only sell electric cars from 2030
- Ford will only focus on electric car sales in Europe from 2030
- General Motors plans to offer only electric LDVs by 2035
- Volkswagen aims for 70% electric car sales in Europe, and 50% in China and the US by 2030
- Stellantis aims for 70% electric cars sales in Europe and 35% in the US
Key Market Segmentation
RationalStat has segmented the global electric vehicle market on the basis of vehicle type, type, drive type, and region.
- By Vehicle Type
- Passenger Vehicles
- Mopeds, Bikes, and Scooters
- Cars
- Small Cars
- Medium Cars
- Crossover
- Large Cars
- SUVs
- Commercial Vehicles
- Light Commercial Vehicles (LCVs)
- Heavy Commercial Vehicles (HCVs)
- Passenger Vehicles
- By Number of Wheels
- Two-wheelers
- Three-wheelers
- Four-wheelers
- Multi-wheelers
- By Type
- Hybrid Electric Vehicle (HEV)
- Plug-in Hybrid Electric Vehicle (PHEV)
- Battery Electric Vehicle (BEV)
- Fuel-cell Electric Vehicle (FCEV)
- By End-User
- Commercial
- Non-Commercial
- By Region
- North America
- US
- Canada
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Western Europe
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe
- Russia
- Poland
- Rest of Eastern Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- ASEAN (Indonesia, Vietnam, Malaysia, etc.)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- South Africa
- Turkey
- Rest of the Middle East & Africa
- North America
Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecast, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
Secondary Sources
- Annual reports, company filings, investor presentations, product catalogs, and company documents
- Industry and market-related documents available in the public domain
- Paid database including Bloomberg, Factiva, S&P Capital IQ, FactSet, Refinitiv Eikon, ICIS, EUWID, Thomson Reuters, among others
- Whitepapers, research papers, and industry blogs.
Why Buy this Report?
The report is intended for EV manufacturers, EV battery manufacturers and suppliers, educational organizations, government entities, regulatory agencies, market research firms, industry associations, and research organizations among others. The report provides an in-depth analysis of market size, consumption pattern, ongoing market trends and challenges, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights to clients to find the right answers to their business questions.
Frequently Asked Questions (FAQs)
The Global Electric Vehicle market is expected to grow at a CAGR of around 23.5% during the forecast period 2022-2028.
Europe is dominating the Global Electric Vehicle market in 2021.
The Global Electric Vehicle market is estimated at around US$ 165.5 billion in 2020.
Rising concern about air pollution in urban areas is one of the key drivers in the Global Electric Vehicle market.
Major companies operating in the Global Electric Vehicle market include Tesla Inc., Volkswagen AG, SAIC Motors, BYD Auto Co. Ltd., BMW Group, Nissan Motor Co. Ltd., Hyundai Group, Toyota Motor Corp, etc.
| REGION | Global |
|---|---|
| RELEASE YEAR | 2022 |
| RESEARCH CODE | RST-SAR-010 |
| ADDITIONAL FEATURE | 24×7 Post sales support and 15% free customization |
| User License | Single User/Team License, Corporate License |
Table of Contents
1. Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation
2. Assumptions and Acronyms
3. Executive Summary
3.1. Global Market in 2022
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends
4. Research Methodology
5. Analysis of COVID-19 Impact and Road Ahead
5.1. Impact on Growth Strategies
5.2. Impact on Operations and Supply Chain
5.3. Impact on the Investments in the Automotive Sector
5.4. Impact on Roll-outs Plans
6. Market Indicators and Background
6.1. Macro-Economic Factors
6.2. Forecasting Factors
Robust assessment of various factors including industrial performance, consumer spending, economic conditions, industry expenditures, among others
6.3. Supply Chain & Value Chain Analysis
6.3.1. Original Equipment Manufacturers (OEMs)
6.3.2. Contract Manufacturers (CMs)
6.3.3. Raw Material Suppliers
6.3.4. Battery Manufacturers/Suppliers
6.3.5. Inspection and Testing Service Providers
6.3.6. Other Component Manufacturers
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter’s Five Forces Analysis
7. Global and Regional Market Dynamics
7.1. Drivers
7.2. Restraints
7.3. Trends
7.4. Opportunities
8. Global EV Market: Pricing Analysis
8.1. By Leading Organizations
8.1.1. Tesla Inc.
8.1.2. Daimler AG
8.1.3. BMW Group
8.1.4. Toyota Motor Corp.
8.1.5. Nissan Motor Corp.
*List not exhaustive
8.2. By Region
8.2.1. North America
8.2.2. Europe (Western and Eastern)
8.2.3. Asia Pacific
8.2.4. Latin America
8.2.5. Middle East & Africa
9. Global EV Market: Consumer Spending v/s Government Spending
9.1. By Region
9.1.1. North America
9.1.2. Europe (Western and Eastern)
9.1.3. Asia-Pacific
9.1.4. Rest of the World
10. Global EV Market: Key Investment Analysis
10.1. By Industry Players
Includes analysis of investments made by key industry players and OEM announcements related to electric vehicles sales till 2030
10.2. By Public Entities
10.3. By Region
10.4. M&A Activities
11. Global EV Market: Key Developments by Private Sector
11.1. By Private Players
11.1.1. Amazon
11.1.2. Walmart
11.1.3. Anheuser-Busch
11.1.4. H2 Mobility Association
11.1.5. DHL Group
Robust assessment of declarations made by private sectors related to electric commercial vehicles
12. Parent Market Overview: Global Automotive Market
13. Segmental Analysis
13.1. Global EV Market by Vehicle Type
13.1.1. Segment Overview
13.1.1.1. Passenger Vehicles
13.1.1.1.1. Mopeds, Bikes, and Scooters
13.1.1.1.2. Cars
13.1.1.1.2.1. Small Cars
13.1.1.1.2.2. Medium Cars
13.1.1.1.2.3. Crossover
13.1.1.1.2.4. Large Cars
13.1.1.1.2.5. SUVs
13.1.1.2. Commercial Vehicles
13.1.1.2.1. Light Commercial Vehicles (LCVs)
13.1.1.2.2. Heavy Commercial Vehicles (HCVs)
13.2. Global EV Market by Number of Wheels
13.2.1. Segment Overview
13.2.1.1. Two-wheelers
13.2.1.2. Three-wheelers
13.2.1.3. Four-wheelers
13.2.1.4. Multi-wheelers
13.3. Global EV Market by Type
13.3.1. Segment Overview
13.3.1.1. Hybrid Electric Vehicle (HEV)
13.3.1.2. Plug-in Hybrid Electric Vehicle (PHEV)
13.3.1.3. Battery Electric Vehicle (BEV)
13.3.1.4. Fuel-cell Electric Vehicle (FCEV)
13.4. Global EV Market by End User
13.4.1. Segment Overview
13.4.1.1. Commercial
13.4.1.2. Non-Commercial
13.5. Global EV Market by Region
13.5.1. North America
13.5.2. Western Europe
13.5.3. Eastern Europe
13.5.4. Asia Pacific
13.5.5. Latin America
13.5.6. Middle East & Africa
14. Regional Analysis
14.1. North America Electric Vehicles (EVs) Market Analysis and Forecast 2019-2028
14.1.1. Regional Market Overview and Key Takeaways
14.1.2. North America Electric Vehicles (EVs) Market by Vehicle Type
14.1.3. North America Electric Vehicles (EVs) Market by Number of Wheels
14.1.4. North America Electric Vehicles (EVs) Market by Type
14.1.5. North America Electric Vehicles (EVs) Market by End User
14.1.6. North America Electric Vehicles (EVs) Market by Country
14.1.6.1. US
14.2. Latin America Electric Vehicles (EVs) Market Analysis and Forecast 2019-2028
14.2.1. Regional Market Overview and Key Takeaways
14.2.2. Latin America Electric Vehicles (EVs) Market by Vehicle Type
14.2.3. Latin America Electric Vehicles (EVs) Market by Number of Wheels
14.2.4. Latin America Electric Vehicles (EVs) Market by Type
14.2.5. Latin America Electric Vehicles (EVs) Market by End User
14.2.6. Latin America Electric Vehicles (EVs) Market by Country
14.2.6.1. Brazil
14.2.6.2. Mexico
14.2.6.3. Rest of Latin America
14.3. Western Europe Electric Vehicles (EVs) Market Analysis and Forecast 2019-2028
14.3.1. Regional Market Overview and Key Takeaways
14.3.2. Western Europe Electric Vehicles (EVs) Market by Vehicle Type
14.3.3. Western Europe Electric Vehicles (EVs) Market by Number of Wheels
14.3.4. Western Europe Electric Vehicles (EVs) Market by Type
14.3.5. Western Europe Electric Vehicles (EVs) Market by End User
14.3.6. Western Europe Electric Vehicles (EVs) Market by Country
14.3.6.1. Germany
14.3.6.2. UK
14.3.6.3. France
14.3.6.4. Spain
14.3.6.5. Italy
14.3.6.6. Benelux
14.3.6.7. Nordic
14.3.6.8. Rest of Western Europe
14.4. Eastern Europe Global Electric Vehicles (EVs) Market Analysis and Forecast 2019-2028
14.4.1. Regional Market Overview and Key Takeaways
14.4.2. Eastern Europe Electric Vehicles (EVs) Market by Vehicle Type
14.4.3. Eastern Europe Electric Vehicles (EVs) Market by Number of Wheels
14.4.4. Eastern Europe Electric Vehicles (EVs) Market by Type
14.4.5. Eastern Europe Electric Vehicles (EVs) Market by End User
14.4.6. Eastern Europe Electric Vehicles (EVs) Market by Country
14.4.6.1. Russia
14.4.6.2. Poland
14.4.6.3. Rest of Eastern Europe
14.5. Asia Pacific Global Electric Vehicles (EVs) Market Analysis and Forecast 2019-2028
14.5.1. Regional Market Overview and Key Takeaways
14.5.2. Asia Pacific Electric Vehicles (EVs) Market by Vehicle Type
14.5.3. Asia Pacific Electric Vehicles (EVs) Market by Number of Wheels
14.5.4. Asia Pacific Electric Vehicles (EVs) Market by Type
14.5.5. Asia Pacific Electric Vehicles (EVs) Market by End User
14.5.6. Asia Pacific Electric Vehicles (EVs) Market by Country
14.5.6.1. China
14.5.6.2. Japan
14.5.6.3. India
14.5.6.4. South Korea
14.5.6.5. Australia
14.5.6.6. ASEAN
14.5.6.7. Rest of Asia-Pacific
14.6. Middle East & Africa Global Electric Vehicles (EVs) Market Analysis and Forecast 2019-2028
14.6.1. Regional Market Overview and Key Takeaways
14.6.2. Middle East & Africa Electric Vehicles (EVs) Market by Vehicle Type
14.6.3. Middle East & Africa Electric Vehicles (EVs) Market by Number of Wheels
14.6.4. Middle East & Africa Electric Vehicles (EVs) Market by Type
14.6.5. Middle East & Africa Electric Vehicles (EVs) Market by End User
14.6.6. Middle East & Africa Electric Vehicles (EVs) by Country
14.6.6.1. GCC
14.6.6.2. South Africa
14.6.6.3. Turkey
14.6.6.4. Rest of the Middle East & Africa
15. Competitive Landscape
15.1. Competition Dashboard
15.1.1. Global and Regional Market Share Analysis
15.1.2. Market Structure
15.2. Competitive Benchmarking
15.3. Key Startups in the Market
15.4. Key Strategy Analysis
15.5. Company Profiles
15.5.1. Tesla Inc.
15.5.1.1. Company Overview
15.5.1.2. Product/Service Offerings
15.5.1.3. Key Financials
15.5.1.4. Recent Developments
15.5.2. Volkswagen AG
15.5.2.1. Company Overview
15.5.2.2. Product/Service Offerings
15.5.2.3. Financials
15.5.2.4. Recent Developments
15.5.3. SAIC Motors
15.5.3.1. Company Overview
15.5.3.2. Product/Service Offerings
15.5.3.3. Financials
15.5.3.4. Recent Developments
15.5.4. BYD Auto Co., Ltd.
15.5.4.1. Company Overview
15.5.4.2. Product/Service Offerings
15.5.4.3. Financials
15.5.4.4. Recent Developments
15.5.5. BMW Group
15.5.5.1. Company Overview
15.5.5.2. Product/Service Offerings
15.5.5.3. Financials
15.5.5.4. Recent Developments
15.5.6. Nissan Motor Co., Ltd.
15.5.6.1. Company Overview
15.5.6.2. Product/Service Offerings
15.5.6.3. Financials
15.5.6.4. Recent Developments
15.5.7. Hyundai Group
15.5.7.1. Company Overview
15.5.7.2. Product/Service Offerings
15.5.7.3. Financials
15.5.7.4. Recent Developments
15.5.8. Toyota Motors Corp.
15.5.8.1. Company Overview
15.5.8.2. Product/Service Offerings
15.5.8.3. Financials
15.5.8.4. Recent Developments
15.5.9. Renault Group
15.5.9.1. Company Overview
15.5.9.2. Product/Service Offerings
15.5.9.3. Financials
15.5.9.4. Recent Developments
15.5.10. GAC Motor
15.5.10.1. Company Overview
15.5.10.2. Product/Service Offerings
15.5.10.3. Financials
15.5.10.4. Recent Developments
15.5.11. Honda Motor Company, Ltd.
15.5.11.1. Company Overview
15.5.11.2. Product/Service Offerings
15.5.11.3. Financials
15.5.11.4. Recent Developments
15.5.12. Mahindra Electric Mobility Ltd.
15.5.12.1. Company Overview
15.5.12.2. Product/Service Offerings
15.5.12.3. Financials
15.5.12.4. Recent Developments
15.5.13. Daimler AG
15.5.13.1. Company Overview
15.5.13.2. Product/Service Offerings
15.5.13.3. Financials
15.5.13.4. Recent Developments
15.5.14. General Motors Company
15.5.14.1. Company Overview
15.5.14.2. Product/Service Offerings
15.5.14.3. Financials
15.5.14.4. Recent Developments
15.5.15. Geely (Zhejiang Geely Holding Group Co., Ltd.)
15.5.15.1. Company Overview
15.5.15.2. Product/Service Offerings
15.5.15.3. Financials
15.5.15.4. Recent Developments
16. Disclaimer
List of Tables/Figures
List of Figures
Figure 01: Global Electric Vehicle Market Volume (‘000 units), 2019-2021
Figure 02: Global Electric Vehicle Market Volume (‘000 units) & Y-o-Y Growth (%) Analysis, 2022–2028
Figure 03: Electric Vehicle, Pricing Analysis per unit (US$), in 2022
Figure 04: Electric Vehicle, Pricing Forecast per unit (US$), in 2028
Figure 05: Global Electric Vehicle Market Value Analysis (US$ Mn), 2019-2021
Figure 06: Global Electric Vehicle Market Size (US$ Mn) & Y-o-Y Growth (%) Analysis, 2022–2028
Figure 07: Global Electric Vehicle Market Size and Market Share Analysis (%) by Vehicle Type, 2022 & 2028
Figure 08: Global Electric Vehicle Market Y-o-Y Analysis (%) by Vehicle Type, 2022-2028
Figure 09: Global Electric Vehicle Market Size and Market Share Analysis (%) by Number of Wheels, 2022 & 2028
Figure 10: Global Electric Vehicle Market Y-o-Y Analysis (%) by Number of Wheels, 2022-2028
Figure 11: Global Electric Vehicle Market Size and Market Share Analysis (%) by Type, 2022 & 2028
Figure 12: Global Electric Vehicle Market Y-o-Y Analysis (%) by Type, 2022-2028
Figure 13: Global Electric Vehicle Market Size and Market Share Analysis (%) by End-User, 2022 & 2028
Figure 14: Global Electric Vehicle Market Y-o-Y Analysis (%) by End-User, 2022-2028
Figure 15: Global Electric Vehicle Market Size and Market Share Analysis (%) by Region, 2022 & 2028
Figure 16: Global Electric Vehicle Market Y-o-Y Growth (%) by Region, 2022–2028
Figure 17: North America Electric Vehicle Market Size and Market Share Analysis (%) by Vehicle Type, 2022 & 2028
Figure 18: North America Electric Vehicle Market Size and Market Share Analysis (%) by Number of Wheels, 2022 & 2028
Figure 19: North America Electric Vehicle Market Size and Market Share Analysis (%) by Type, 2022 & 2028
Figure 20: North America Electric Vehicle Market Size and Market Share Analysis (%) by End-User, 2022 & 2028
Figure 21: North America Electric Vehicle Market Size and Market Share Analysis (%) by Country, 2022 & 2028
Figure 22: Latin America Electric Vehicle Market Size and Market Share Analysis (%) by Vehicle Type, 2022 & 2028
Figure 23: Latin America Electric Vehicle Market Size and Market Share Analysis (%) by Number of Wheels, 2022 & 2028
Figure 24: Latin America Electric Vehicle Market Size and Market Share Analysis (%) by Type, 2022 & 2028
Figure 25: Latin America Electric Vehicle Market Size and Market Share Analysis (%) by End-User, 2022 & 2028
Figure 26: Latin America Electric Vehicle Market Size and Market Share Analysis (%) by Country, 2022 & 2028
Figure 27: Western Europe Electric Vehicle Market Size and Market Share Analysis (%) by Vehicle Type, 2022 & 2028
Figure 28: Western Europe Electric Vehicle Market Size and Market Share Analysis (%) by Number of Wheels, 2022 & 2028
Figure 29: Western Europe Electric Vehicle Market Size and Market Share Analysis (%) by Type, 2022 & 2028
Figure 30: Western Europe Electric Vehicle Market Size and Market Share Analysis (%) by End-User, 2022 & 2028
Figure 31: Western Europe Electric Vehicle Market Size and Market Share Analysis (%) by Country, 2022 & 2028
Figure 32: Eastern Europe Electric Vehicle Market Size and Market Share Analysis (%) by Vehicle Type, 2022 & 2028
Figure 33: Eastern Europe Electric Vehicle Market Size and Market Share Analysis (%) by Number of Wheels, 2022 & 2028
Figure 34: Eastern Europe Electric Vehicle Market Size and Market Share Analysis (%) by Type, 2022 & 2028
Figure 35: Eastern Europe Electric Vehicle Market Size and Market Share Analysis (%) by End-User, 2022 & 2028
Figure 36: Eastern Europe Electric Vehicle Market Size and Market Share Analysis (%) by Country, 2022 & 2028
Figure 37: Asia Pacific Electric Vehicle Market Size and Market Share Analysis (%) by Vehicle Type, 2022 & 2028
Figure 38: Asia Pacific Electric Vehicle Market Size and Market Share Analysis (%) by Number of Wheels, 2022 & 2028
Figure 39: Asia Pacific Electric Vehicle Market Size and Market Share Analysis (%) by Type, 2022 & 2028
Figure 40: Asia Pacific Electric Vehicle Market Size and Market Share Analysis (%) by End-User, 2022 & 2028
Figure 41: Asia Pacific Electric Vehicle Market Size and Market Share Analysis (%) by Country, 2022 & 2028
Figure 42: Middle East & Africa Electric Vehicle Market Size and Market Share Analysis (%) by Vehicle Type, 2022 & 2028
Figure 43: Middle East & Africa Electric Vehicle Market Size and Market Share Analysis (%) by Number of Wheels, 2022 & 2028
Figure 44: Middle East & Africa Electric Vehicle Market Size and Market Share Analysis (%) by Type, 2022 & 2028
Figure 45: Middle East & Africa Electric Vehicle Market Size and Market Share Analysis (%) by End-User, 2022 & 2028
Figure 46: Middle East & Africa Electric Vehicle Market Size and Market Share Analysis (%) by Country, 2022 & 2028
List of Tables
Table 1: Global Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Vehicle Type
Table 2: Global Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Vehicle Type
Table 3: Global Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Number of Wheels
Table 4: Global Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Number of Wheels
Table 5: Global Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type
Table 6: Global Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Type
Table 7: Global Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End-User
Table 8: Global Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by End-User
Table 9: Global Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Region
Table 10: Global Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Region
Table 11: North America Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Vehicle Type
Table 12: North America Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Vehicle Type
Table 13: North America Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Number of Wheels
Table 14: North America Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Number of Wheels
Table 15: North America Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type
Table 16: North America Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Type
Table 17: North America Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End-User
Table 18: North America Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by End-User
Table 19: North America Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country
Table 20: North America Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Country
Table 21: Latin America Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Vehicle Type
Table 22: Latin America Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Vehicle Type
Table 23: Latin America Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Number of Wheels
Table 24: Latin America Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Number of Wheels
Table 25: Latin America Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type
Table 26: Latin America Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Type
Table 27: Latin America Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End-User
Table 28: Latin America Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by End-User
Table 29: Latin America Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country
Table 30: Latin America Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Country
Table 31: Western Europe Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Vehicle Type
Table 32: Western Europe Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Vehicle Type
Table 33: Western Europe Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Number of Wheels
Table 34: Western Europe Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Number of Wheels
Table 35: Western Europe Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type
Table 36: Western Europe Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Type
Table 37: Western Europe Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End-User
Table 38: Western Europe Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by End-User
Table 39: Western Europe Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country
Table 40: Western Europe Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Country
Table 41: Eastern Europe Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Vehicle Type
Table 42: Eastern Europe Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Vehicle Type
Table 43: Eastern Europe Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Number of Wheels
Table 44: Eastern Europe Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Number of Wheels
Table 45: Eastern Europe Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type
Table 46: Eastern Europe Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Type
Table 47: Eastern Europe Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End-User
Table 48: Eastern Europe Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by End-User
Table 49: Eastern Europe Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country
Table 50: Eastern Europe Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Country
Table 51: Asia Pacific Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Vehicle Type
Table 52: Asia Pacific Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Vehicle Type
Table 53: Asia Pacific Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Number of Wheels
Table 54: Asia Pacific Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Number of Wheels
Table 55: Asia Pacific Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type
Table 56: Asia Pacific Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Type
Table 57: Asia Pacific Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End-User
Table 58: Asia Pacific Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by End-User
Table 59: Asia Pacific Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country
Table 60: Asia Pacific Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Country
Table 61: Middle East & Africa Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Vehicle Type
Table 62: Middle East & Africa Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Vehicle Type
Table 63: Middle East & Africa Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Number of Wheels
Table 64: Middle East & Africa Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Number of Wheels
Table 65: Middle East & Africa Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type
Table 66: Middle East & Africa Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Type
Table 67: Middle East & Africa Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End-User
Table 68: Middle East & Africa Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by End-User
Table 69: Middle East & Africa Electric Vehicle Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country
Table 70: Middle East & Africa Electric Vehicle Market Volume (‘000 units) Analysis and Forecast 2019-2028, by Country
Every Sample Includes
Research Methodology
Complete Table of Contents, List of Charts and Tables
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