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Electric Vehicles Market - By Vehicle Type (Passenger Car, Commercial Vehicle, Two-Wheeler), By Propulsion Type (Battery Electric Vehicle (BEV), Fuel Cell Electric Vehicle (FCEV), Plug-in Hybrid Electric Vehicle (PHEV), Hybrid Electric Vehicle (HEV)), By Vehicle Class (Mid-Priced, Luxury) And By Region (North America, Asia Pacific, Europe, Middle East & Africa and Latin America) - Industry Analysis, opportunity and Forecast 2020 To 2027

Published Date: May 2021

No. of Pages: 185

Status: Published

Report Code: ARI100833

The Electric Vehicles Market is estimated 5422548 units in 2020, and is expected to reach 20492687 units at a CAGR of 20.9 % by 2027. The market is driven by initiatives taken by governments of various countries to promote the manufacturing of electric vehicles (EVs). For instance, in 2020, the government of Germany and auto manufacturers agreed to raise cash incentives under the “Environment Bonus” plan for battery powered cars. The incentives will reach USD 6,680 per vehicle and the auto industry to cover half the cost. Additionally, the government plans to implement these incentives by 2027. Similarly, in 2020, the government of India announced its plans to spend USD 1.4 billion to subsidize sales of hybrid and electric vehicles until 2022. The incentives are applicable only on vehicles that cost less than USD 21,177, thereby resulting in increased demand for EVs from 2020 to 2027.

Stringent vehicle emissions regulations have led to the rise in demand for electric vehicles. For instance, the European Union set itself a target of net-zero greenhouse gas emissions by 2050. Electric vehicles produce lower emissions as compared to conventional vehicles. This has led governments around the world to increase awareness and promote the adoption of EVs to reduce oil consumption, air pollution, and related emissions. Some of the most comprehensive promotions are done in the Netherlands and Norway. Thus, the market will grow at a notable rate during the forecast period.

Rising investments in electric vehicles is considered a major driver for the market. Companies such as Daimler AG, Ford Motor Company, and Groupe Renault are investing heavily in their plan to manufacture EVs. In December 2018, Daimler AG announced investments worth USD 20.0 billion in the purchase of battery cells for electric vehicles. The company aims to electrify its Mercedes Benz portfolio until 2022 with around 130 EVs. Similarly, Ford Motor Company announced its plans to invest USD 11.0 billion to manufacture 40 electric vehicles by 2022. Thus, the market is anticipated to rise over the forecast timeframe.

Lack of charging infrastructure is expected to hinder electric vehicle market growth over the estimated period. Variations in charging load and lack of standardization are major drawbacks for the market. Different countries have their own standards such as CCS (Europe, the U.S., and Korea), CHAdeMO (Japan), and GB/T (China). Some electric manufacturers such as Tesla, Inc., are focusing on overcoming this obstacle by having their own charging network. Thus, market players are planning to overcome these challenges and expand their business.

The market is consolidated and characterized by high competition owing to the presence of major players such as Tesla, Inc.; Daimler AG; Volkswagen Group; Toyota Motor Corporation; and Groupe Renault. These companies are engaged in investing heavily to manufacture technologically advanced electric vehicles and enhance their product offerings. For instance, in November 2020, Volkswagen Group announced its plans to invest more than USD 4.0 billion in China in 2020. Around 40.0% of these investments are to be made in e-mobility.

Analyst Commentary

The future of EVs is expected to be bright and with time the price of batteries, one of the most vital components in an EV, is reducing significantly which would make EVs more affordable. Mid-Priced vehicle class has limited features with less emphasis on features like infotainment, instrument cluster, and other expensive features. China is one of the leading countries for the mid-priced segment. Companies such as BYD, Smart, and Great Wall Motors are manufacturing comparatively less expensive vehicles. In July 2018, Great Wall Motors announced a partnership with BMW Group to produce electric MINI vehicles in China. In December 2018, the company launched its new flagship vehicle under its new ‘ORA’ electric car brand: the ORA R1. The small urban car will cost only USD 8,680 after incentives with a range of almost 200 miles.

The commercial vehicle segment is expected to be the fastest growing market. With increasing adoption of electric buses, particularly in China and India, has contributed to the growth of the electric commercial segment. Several countries are expected to replace their existing fuel-based bus fleet with electric buses. The increasing trend of replacement of fossil fuel based public transport fleet with electric buses will drive the growth of electric commercial vehicles during the forecast period. Additionally, the growth of e-commerce, logistics, and shared mobility will drive the growth of electric commercial vehicles during the forecast period.

Segmentation

The global market is segmented based on vehicle type, propulsion type, vehicle class and region. On the basis of vehicle class, the market is segmented into Mid-Priced, Luxury. Based on vehicle type the market is segmented into Passenger Car, Commercial Vehicle, Two-wheeler. On the basis of propulsion type the market is segmented into Battery electric vehicle (BEV), Fuel cell electric vehicle (FCEV), Plug-in hybrid electric vehicle (PHEV), Hybrid electric vehicle (HEV).

Regional Analysis

The global electric vehicle market report will cover all regions including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among these, the North America region will witness major growth as the research and development in the region has made way for significant uptakes in infrastructure, costs, and product innovation. Moreover, conventional investment in electric infrastructure in Scandinavian countries are expected to drive growth of electric vehicles in Europe. Despite tremendous innovation among Chinese electric vehicle makers, their reliance on subsidies in a concern in the domestic market. However, Chinese electric vehicle makers are witnessing a major adoption of their electric buses in Europe, and in the US as well, wherein they present lucrative opportunities due to cost-effectiveness.

The Asia Pacific market is expected to witness the fastest growth, followed by Europe and North America. The automotive industry in the countries such as China, Japan and South Korea is inclined toward innovation, technology, and development of advanced electric vehicle. The increasing demand for reducing carbon emission and developing more advanced and fast charging stations are expected to propel the growth of electric vehicle. BYD, BAIC, Chery and SAIC among others are some of the key players in the Asia Pacific electric vehicle market.

TABLE OF CONTENTS
Chapter 1. Executive Summary
Chapter 2. Research Methodology
2.1. Research approach
2.2. Scope, definition, and assumptions
2.3. Data sources
2.3.1. Secondary Sources
2.3.1.1. Preliminary data mining
2.3.2. Primary Sources
2.3.2.1. Statistical Model
2.3.2.2. Data Triangulation
2.3.2.3. Research Objective
Chapter 3. Market Outlook
3.1. Introduction
3.2. Key trends
3.2.1. xx
3.3. Market drivers
3.3.1. Impact analysis of Market Drivers
3.4. Market restraints
3.4.1. Impact analysis of Market Restraints
3.5. Market opportunities
3.5.1. Impact analysis of Market Opportunities
3.6. Market Challenges
3.6.1. Impact analysis of Market Trends
3.7. Porter’s Five Forces’ analysis
3.7.1. Bargaining Power of Suppliers
3.7.2. Bargaining Power of Buyers
3.7.3. Threat of New Entrant
3.7.4. Threat of Substitutes
3.7.5. High Competitive Rivalry
3.8. Value chain analysis
Chapter 4. COVID-19 Impact On Electric Vehicles Market
Chapter 5. Global Electric Vehicles Market Overview, By Vehicle Type, 2015 – 2027 (Volume, Thousand Units) (Revenue, USD Billion)
5.1. Global Electric Vehicles Market Share, By Vehicle Type, 2020 & 2027 (%)
5.1.1. Passenger Car
5.1.1.1. Market Size and Projections,2015 – 2027 (Volume, Thousand Units) (Revenue, USD Billion)
5.1.1.2. Market Size and Projections, by Region, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
5.1.2. Commercial Vehicle
5.1.2.1. Market Size and Projections, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
5.1.2.2. Market Size and Projections, by Region, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
5.1.3. Two Wheeler
5.1.3.1. Market Size and Projections, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
5.1.3.2. Market Size and Projections, by Region, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
Chapter 6. Global Electric Vehicles Market Overview, By Propulsion Type, 2015 – 2027 (Volume, Thousand Units) (Revenue, USD Billion)
6.1. Global Electric Vehicles Market Share, By Propulsion Type, 2020 & 2027 (%)
6.1.1. Battery Electric Vehicle (BEV)
6.1.1.1. Market Size and Projections,2015 – 2027 (Volume, Thousand Units) (Revenue, USD Billion)
6.1.1.2. Market Size and Projections, by Region, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
6.1.2. Fuel Cell Electric Vehicle (FCEV)
6.1.2.1. Market Size and Projections, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
6.1.2.2. Market Size and Projections, by Region, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
6.1.3. Plug-in Hybrid Electric Vehicle (PHEV)
6.1.3.1. Market Size and Projections, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
6.1.3.2. Market Size and Projections, by Region, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
6.1.4. Hybrid Electric Vehicle (HEV)
6.1.4.1. Market Size and Projections, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
6.1.4.2. Market Size and Projections, by Region, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
Chapter 7. Global Electric Vehicles Market Overview, By Vehicle Class, 2015 – 2027 (Volume, Thousand Units) (Revenue, USD Billion)
7.1. Global Electric Vehicles Market Share, By Vehicle Class, 2020 & 2027 (%)
7.1.1. Mid-Priced
7.1.1.1. Market Size and Projections,2015 – 2027 (Volume, Thousand Units) (Revenue, USD Billion)
7.1.1.2. Market Size and Projections, by Region, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
7.1.2. Luxury
7.1.2.1. Market Size and Projections, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
7.1.2.2. Market Size and Projections, by Region, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
Chapter 8. Global Aircraft Airframe MRO Market Overview, By Geography, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
8.1. Global Aircraft Airframe MRO Market Share, By Geography, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
8.1.1. Market Size and projections, by Countries, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
8.1.2. Market Share and CAGR Comparison, by Countries, 2020 (%)
Chapter 9. North America Electric Vehicles Market Overview, By Countries, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
9.1. North America Electric Vehicles Market Overview, 2020 & 2027 (%)
9.1.1. Market size and projections, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
9.1.2. North America Electric Vehicles Market Overview, By Vehicle Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
9.1.3. North America Electric Vehicles Market Overview, By Propulsion Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
9.1.4. North America Electric Vehicles Market Overview, By Vehicle Class, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
9.1.5. North America Electric Vehicles Market Overview, By Countries, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
9.1.5.1. U.S. Electric Vehicles Market Overview, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
9.1.5.1.1. Market size and projections, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
9.1.5.1.2. U.S. Electric Vehicles Market Overview, By Vehicle Type, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
9.1.5.1.3. U.S. Electric Vehicles Market Overview, By Propulsion Type, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
9.1.5.1.4. U.S. Electric Vehicles Market Overview, By Vehicle Class, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
9.1.5.2. Canada Electric Vehicles Market Overview, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
9.1.5.2.1. Market size and projections, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
9.1.5.2.2. Canada Electric Vehicles Market Overview, By Vehicle Type, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
9.1.5.2.3. Canada Electric Vehicles Market Overview, By Propulsion Type, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
9.1.5.2.4. Canada Electric Vehicles Market Overview, By Vehicle Class, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
9.1.5.3. Mexico Electric Vehicles Market Overview, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
9.1.5.3.1. Market size and projections, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
9.1.5.3.2. Mexico Electric Vehicles Market Overview, By Vehicle Type, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
9.1.5.3.3. Mexico Electric Vehicles Market Overview, By Propulsion Type, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
9.1.5.3.4. Mexico Electric Vehicles Market Overview, By Vehicle Class, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
Chapter 10. Europe Electric Vehicles Market Overview, By Countries, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
10.1. Europe Electric Vehicles Market Overview, 2020 & 2027 (%)
10.1.1. Market size and projections, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
10.1.2. Europe Electric Vehicles Market Overview, By Vehicle Type, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
10.1.3. Europe Electric Vehicles Market Overview, By Propulsion Type, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
10.1.4. Europe Electric Vehicles Market Overview, By Vehicle Class, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
10.1.5. Europe Electric Vehicles Market Overview, By Countries, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
10.1.5.1. Germany
10.1.5.1.1. Market size and projections, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
10.1.5.1.2. Germany Electric Vehicles Market Overview, By Vehicle Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
10.1.5.1.3. Germany Electric Vehicles Market Overview, By Propulsion Type, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
10.1.5.1.4. Germany Electric Vehicles Market Overview, By Vehicle Class, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
10.1.5.1.5. Market size and projections, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
10.1.5.1.6. France Electric Vehicles Market Overview, By Vehicle Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
10.1.5.1.7. France Electric Vehicles Market Overview, By Propulsion Type, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
10.1.5.1.8. France Electric Vehicles Market Overview, By Vehicle Class, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
10.1.5.2. UK
10.1.5.2.1. Market size and projections, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
10.1.5.2.2. UK Electric Vehicles Market Overview, By Vehicle Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
10.1.5.2.3. UK Electric Vehicles Market Overview, By Propulsion Type, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
10.1.5.2.4. UK Electric Vehicles Market Overview, By Vehicle Class, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
10.1.5.3. Italy
10.1.5.3.1. Market size and projections, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
10.1.5.3.2. Italy Electric Vehicles Market Overview, By Vehicle Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
10.1.5.3.3. Italy Electric Vehicles Market Overview, By Propulsion Type, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
10.1.5.3.4. Italy Electric Vehicles Market Overview, By Vehicle Class, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
10.1.5.4. Spain
10.1.5.4.1. Market size and projections, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
10.1.5.4.2. Spain Electric Vehicles Market Overview, By Vehicle Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
10.1.5.4.3. Spain Electric Vehicles Market Overview, By Propulsion Type, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
10.1.5.4.4. Spain Electric Vehicles Market Overview, By Vehicle Class, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
10.1.5.5. Rest of Europe
10.1.5.5.1. Market size and projections, 2015 – 2025
10.1.5.5.2. Rest of Europe Electric Vehicles Market Overview, By Vehicle Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
10.1.5.5.3. Rest of Europe Electric Vehicles Market Overview, By Propulsion Type, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
10.1.5.5.4. Rest of Europe Electric Vehicles Market Overview, By Vehicle Class, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
Chapter 11. Asia Pacific Electric Vehicles Market Overview, By Countries, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
11.1. Asia Pacific Electric Vehicles Market Overview, 2020 & 2027(%)
11.1.1. Market size and projections, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
11.1.2. Asia Pacific Electric Vehicles Market Overview, By Vehicle Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
11.1.3. Asia Pacific Electric Vehicles Market Overview, By Propulsion Type, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
11.1.4. Asia Pacific Electric Vehicles Market Overview, By Vehicle Class, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
11.1.5. Asia Pacific Electric Vehicles Market Overview, By Countries, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
11.1.5.1. India
11.1.5.1.1. Market size and projections, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
11.1.5.1.2. India Electric Vehicles Market Overview, By Vehicle Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
11.1.5.1.3. India Electric Vehicles Market Overview, By Propulsion Type, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
11.1.5.1.4. India Electric Vehicles Market Overview, By Vehicle Class, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
11.1.5.2. China
11.1.5.2.1. Market size and projections, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
11.1.5.2.2. China Electric Vehicles Market Overview, By Vehicle Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
11.1.5.2.3. China Electric Vehicles Market Overview, By Propulsion Type, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
11.1.5.2.4. China Electric Vehicles Market Overview, By Vehicle Class, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
11.1.5.3. Japan
11.1.5.3.1. Market size and projections, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
11.1.5.3.2. Japan Electric Vehicles Market Overview, By Vehicle Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
11.1.5.3.3. Japan Electric Vehicles Market Overview, By Propulsion Type, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
11.1.5.3.4. Japan Electric Vehicles Market Overview, By Vehicle Class, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
11.1.5.4. South Korea
11.1.5.4.1. Market size and projections, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
11.1.5.4.2. South Korea Electric Vehicles Market Overview, By Vehicle Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
11.1.5.4.3. South Korea Electric Vehicles Market Overview, By Propulsion Type, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
11.1.5.4.4. South Korea Electric Vehicles Market Overview, By Vehicle Class, 2015 - 2027 (Volume, Thousand Units) (Revenue, USD Billion)
11.1.5.5. Rest of Asia Pacific
11.1.5.5.1. Market size and projections, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
11.1.5.5.2. Rest of Asia Pacific Electric Vehicles Market Overview, By Vehicle Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
11.1.5.5.3. Rest of Asia Pacific Electric Vehicles Market Overview, By Propulsion Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
11.1.5.5.4. Rest of Asia Pacific Electric Vehicles Market Overview, By Vehicle Class, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
Chapter 12. Middle East & Africa Electric Vehicles Market Overview, By Countries, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
12.1. Middle East & Africa Electric Vehicles Market Overview, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
12.1.1. Market size and projections, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
12.1.2. Middle East & Africa Electric Vehicles Market Overview, By Vehicle Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
12.1.3. Middle East & Africa Electric Vehicles Market Overview, By Propulsion Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
12.1.4. Middle East & Africa Electric Vehicles Market Overview, By Vehicle Class, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
12.1.5. Middle East & Africa Electric Vehicles Market Overview, By Countries, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
12.1.5.1. GCC
12.1.5.1.1. Market size and projections, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
12.1.5.1.2. GCC Electric Vehicles Market Overview, By Vehicle Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
12.1.5.1.3. GCC Electric Vehicles Market Overview, By Propulsion Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
12.1.5.1.4. GCC Electric Vehicles Market Overview, By Vehicle Class, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
12.1.5.2. South Africa
12.1.5.2.1. Market size and projections, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
12.1.5.2.2. South Africa Electric Vehicles Market Overview, By Vehicle Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
12.1.5.2.3. South Africa Electric Vehicles Market Overview, By Propulsion Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
12.1.5.2.4. South Africa Electric Vehicles Market Overview, By Vehicle Class, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
12.1.5.3. Rest of Middle East & Africa
12.1.5.3.1. Market size and projections, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
12.1.5.3.2. Rest of Middle East & Africa Electric Vehicles Market Overview, By Vehicle Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
12.1.5.3.3. Rest of Middle East & Africa Electric Vehicles Market Overview, By Propulsion Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
12.1.5.3.4. Rest of Middle East & Africa Electric Vehicles Market Overview, By Vehicle Class, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
Chapter 13. South America Electric Vehicles Market Overview, By Countries, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
13.1. South America Electric Vehicles Market Overview, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
13.1.1. Market size and projections, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
13.1.2. South America Electric Vehicles Market Overview, By Vehicle Type 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
13.1.3. South America Electric Vehicles Market Overview, By Propulsion Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
13.1.4. South America Electric Vehicles Market Overview, By Vehicle Class, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
13.1.5. South America Electric Vehicles Market Overview, By Countries, 2015- 2026(Volume, Thousand Units) (Revenue, USD Billion)
13.1.6. Brazil
13.1.6.1. Market size and projections, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
13.1.6.2. Brazil Electric Vehicles Market Overview, By Vehicle Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
13.1.6.3. Brazil Electric Vehicles Market Overview, By Propulsion Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
13.1.6.4. Brazil Electric Vehicles Market Overview, By Vehicle Class, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
13.1.7. Argentina
13.1.7.1. Market size and projections, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
13.1.7.2. Argentina Electric Vehicles Market Overview, By Vehicle Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
13.1.7.3. Argentina Electric Vehicles Market Overview, By Propulsion Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
13.1.7.4. Argentina Electric Vehicles Market Overview, By Vehicle Class, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
13.1.8. Rest of South America
13.1.8.1. Market size and projections, 2015 – 2026
13.1.8.2. Rest of South America Electric Vehicles Market Overview, By Vehicle Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
13.1.8.3. Rest of South America Electric Vehicles Market Overview, By Propulsion Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
13.1.8.4. Rest of South America Electric Vehicles Market Overview, By Vehicle Class, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
Chapter 14. Competitive Landscape
14.1. Competitive environment, 2020
14.2. Strategic framework
14.2.1. Partnership/agreement
14.2.2. Expansion
14.2.3. Mergers & Acquisitions
14.2.4. New product development
Chapter 15. Key Vendor Analysis
15.1. Tesla, Inc.
15.1.1. Company overview
15.1.2. Financial performance
15.1.3. Product Benchmarking
15.1.4. Recent initiatives
15.1.5. SWOT analysis
15.2. Daimler AG
15.2.1. Company overview
15.2.2. Financial performance
15.2.3. Product Benchmarking
15.2.4. Recent initiatives
15.2.5. SWOT analysis
15.3. Volkswagen Group
15.4. Toyota Motor Corporation
15.5. Groupe Renault
Chapter 16. Electric Vehicles Market Cost Analysis
16.1. Electric Vehicles Market Key Raw Materials Analysis
16.1.1. Key Raw Materials
16.1.2. Price Trend of Key Raw Materials
16.1.3. Key Suppliers of Raw Materials
16.1.4. Market Concentration Rate of Raw Materials
Chapter 17. Industrial Chain, Sourcing Strategy and Downstream Buyers
17.1. Electric Vehicles Market Industrial Chain Analysis
17.2. Upstream Raw Materials Sourcing
17.3. Raw Materials Sources of Electric Vehicles Market Major Manufacturers in 2020
17.4. Downstream Buyers
Chapter 18. Marketing Strategy Analysis, Distributors/Traders
18.1. Marketing Channel
18.1.1. Direct Marketing
18.1.2. Indirect Marketing
18.1.3. Marketing Channel Development Trend
18.2. Market Positioning
18.2.1. Pricing Strategy
18.2.2. Brand Strategy
18.2.3. Target Client
18.3. Distributors/Traders List
Chapter 19. Market Effect Factors Analysis
19.1. Technology Progress/Risk
19.1.1. Substitutes Threat
19.1.2. Technology Progress in Related Industry
19.2. Consumer Needs/Customer Preference Change
19.3. Economic/Political Environmental Change
Chapter 20. Future Outlook of the Market
Disclaimer

List of Figures
1. Market segmentation
2. Value chain analysis
3. Porter’s Five Forces’ analysis
4. Power of Suppliers
5. Power of Buyers
6. Threat of New Entrants
7. Threat of Substitute
8. Competitive Rivalry
9. Global Electric Vehicles Market share, By Vehicle Type, 2020 & 2027 (%)
10. Global Electric Vehicles Market, by Passenger Car, By Vehicle Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
11. Global Electric Vehicles Market, by Commercial Vehicle, By Vehicle Type 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
12. Global Electric Vehicles Market, by Two - Wheeler, By Vehicle Type 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
13. Global Electric Vehicles Market share, By Propulsion Type, 2020 & 2027 (%)
14. Global Electric Vehicles Market, by Battery Electric Vehicle (BEV), By Propulsion Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
15. Global Electric Vehicles Market, by Fuel Cell Electric Vehicle (FCEV), By Propulsion Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
16. Global Electric Vehicles Market, by Plug-in Hybrid Electric Vehicle (PHEV), By Propulsion Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
17. Global Electric Vehicles Market, by Hybrid Electric Vehicle (HEV), By Propulsion Type, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
18. Global Electric Vehicles Market share, By Vehicle Class, 2020 & 2027 (%)
19. Global Electric Vehicles Market, by Mid-Priced, By Vehicle Class, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
20. Global Electric Vehicles Market, by Luxury, By Vehicle Class, 2015 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
21. Global Electric Vehicles Market share, by region, 2020 & 2027 (%)
22. North America Electric Vehicles Market, 2020 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
23. North America Electric Vehicles Market share, by Countries, 2020 & 2027 (%)
24. U.S. Electric Vehicles Market, 2020 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
25. Canada Electric Vehicles Market, 2020 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
26. Europe Electric Vehicles Market, 2020 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
27. Europe Electric Vehicles Market share, by Countries, 2020 & 2027 (%)
28. Spain Electric Vehicles Market, 2020 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
29. UK Electric Vehicles Market, 2020 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
30. Italy Electric Vehicles Market, 2020 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
31. Germany Electric Vehicles Market, 2020 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
32. France Electric Vehicles Market, 2020 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
33. Rest of Europe Electric Vehicles Market, 2020 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
34. Asia-Pacific Electric Vehicles Market, 2020 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
35. Asia-Pacific Electric Vehicles Market share, by Countries, 2020 & 2027 (%)
36. China Electric Vehicles Market, 2020 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
37. India Electric Vehicles Market, 2020 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
38. Australia Electric Vehicles Market, 2020 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
39. Japan Electric Vehicles Market, 2020 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
40. Rest of Asia-Pacific Electric Vehicles Market, 2020 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
41. Middle East & Africa Electric Vehicles Market, 2020 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
42. Middle East & Africa Electric Vehicles Market share, by Countries, 2020 & 2027 (%)
43. GCC Electric Vehicles Market, 2020 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
44. South Africa Electric Vehicles Market, 2020 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
45. Rest Of Middle East & Africa Electric Vehicles Market, 2020 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
46. South America Electric Vehicles Market, 2020 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
47. Brazil Electric Vehicles Market, 2020 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
48. Mexico Electric Vehicles Market, 2020 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
49. Argentina Electric Vehicles Market, 2020 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
50. Rest of South America Electric Vehicles Market, 2020 - 2027(Volume, Thousand Units) (Revenue, USD Billion)
List of Tables
1. Impact of Market drivers
2. Impact of Market restraints
3. Global Electric Vehicles Market, 2015-2027(Volume, Thousand Units) (Revenue, USD Billion)
4. Global Electric Vehicles Market requirement, by country, 2015-2027,(Volume, Thousand Units) (Revenue, USD Billion)
5. North America Electric Vehicles Market, By Vehicle Type, 2015-2027(Volume, Thousand Units) (Revenue, USD Billion)
6. North America Electric Vehicles Market, By Propulsion Type, 2015-2027(Volume, Thousand Units) (Revenue, USD Billion)
7. North America Electric Vehicles Market, By Vehicle Class, 2015-2027(Volume, Thousand Units) (Revenue, USD Billion)
8. Europe Electric Vehicles Market, By Vehicle Type, 2015-2027(Volume, Thousand Units) (Revenue, USD Billion)
9. Europe Electric Vehicles Market, By Propulsion Type, 2015-2027(Volume, Thousand Units) (Revenue, USD Billion)
10. Europe Electric Vehicles Market, By Vehicle Class, 2015-2027(Volume, Thousand Units) (Revenue, USD Billion)
11. Asia Pacific Electric Vehicles Market, By Vehicle Type, 2015-2027(Volume, Thousand Units) (Revenue, USD Billion)
12. Asia Pacific Electric Vehicles Market, By Propulsion Type, 2015-2027(Volume, Thousand Units) (Revenue, USD Billion)
13. Asia Pacific Electric Vehicles Market, By Vehicle Class, 2015-2027(Volume, Thousand Units) (Revenue, USD Billion)
14. Middle East & Africa Electric Vehicles Market, By Vehicle Type, 2015-2027(Volume, Thousand Units) (Revenue, USD Billion)
15. Middle East & Africa Electric Vehicles Market, By Propulsion Type, 2015-2027(Volume, Thousand Units) (Revenue, USD Billion)
16. Middle East & Africa Electric Vehicles Market, By Vehicle Class, 2015-2027(Volume, Thousand Units) (Revenue, USD Billion)
17. South America Electric Vehicles Market, By Vehicle Type, 2015-2027(Volume, Thousand Units) (Revenue, USD Billion)
18. South America Electric Vehicles Market, By Propulsion Type, 2015-2027(Volume, Thousand Units) (Revenue, USD Billion)
19. South America Electric Vehicles Market, By Vehicle Class, 2015-2027(Volume, Thousand Units) (Revenue, USD Billion)
20. Global Electric Vehicles Market, Company Market Share, 2020 (%)
21. Tesla, Inc: Product Benchmarking
22. Tesla, Inc: Financial Performance
23. Daimler AG: Product Benchmarking
24. Daimler AG: Financial Performance
25. Volkswagen Group: Product Benchmarking
26. Volkswagen Group: Financial Performance
27. Toyota Motor Corporation: Product Benchmarking
28. Toyota Motor Corporation: Financial Performance
29. Groupe Renault: Product Benchmarking
30. Groupe Renault: Financial Performance

The Leading Key Players in Electric Vehicles Market

Tesla Inc.
Daimler AG
Volkswagen Group
Toyota Motor Corporation
and Groupe Renault.