Published By: Syndicate Market Research
Electric Vehicles Market – Global Industry
Perspective, Comprehensive Analysis and
Forecast, 2014 – 2020
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Electric Vehicles Market
Electric vehicles are also known as electric drive vehicles. Electric vehicles are growing in
popularity and are seen as a potential option towards a less carbon intensive road transport. It
can be powered by electricity from off-vehicle sources, or may be self-contained with a battery or
generator to convert fuel to electricity.
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The electric vehicles market mainly is driven by decreasing cost of battery and increasing in
popularity among end users. Electric vehicles reduce dependence on petroleum and tap into a
source of electricity that is often domestic and relatively inexpensive. This attributes seem to
drive the demand for electric vehicle over the forecast period. However, lack of awareness in
end-users among emerging technology and scarcity of expertise in research and development is
expected to hamper growth of mobile robotics industry.
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Electric Vehicles Market
Vehicle type segment have been analyzed based on historic, present, and future trends, and the
market has been estimated from 2015 to 2020 in terms of revenue (USD Million). Key vehicle
type segments covered under this study includes hybrid (HEV), plug-in hybrid (PHEV’s), battery
electric vehicles (BEV’s) and others. Battery electric vehicles segment is leading region for
electric vehicles market and expected to remain prolong segment over the years to come.
In order to give the users of this report a comprehensive view on the electric vehicles, we have...