Published By: Syndicate Market Research
Global Electric Vehicles Market Segment
Forecasts up to 2020, Research ReportsSyndicateMarketResearch
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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.
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.
Browse the full "Global Electric Vehicles Market Segment Forecasts up to 2020, Research ReportsSyndicateMarketResearch" report at http://www.syndicatemarketresearch.com/market-analysis/electricvehicles-market.html
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.