Electric vehicles are powered by electric motors, which uses energy from rechargeable batteries. Electric vehicle are more user and environmental friendly as compared with gasoline based vehicles. These vehicles do not produce any tailpipe emissions, reduces dependency on oil and are cheaper to operate. Based on their power source, there are three types of electric vehicles: directly powered from an external power station, powered by stored electricity originally from an external power source and powered by an on-board electrical generator. Electric vehicles are very popular in low power and low range applications such as milt floats and golf buggies. However this technology is still in nascent stage for mainstream transportation, especially in developing countries. In recent years the electric vehicles segment has attracted the attentions of consumers as well as governments. According to a report by Electric Vehicle Initiative (EVI) and International Energy Agency (IEA), global electric vehicle sales became two folds between the year 2011 and 2012 and this growth is expected to be higher in coming years.
2. Electric Vehicles Market- Global Industry
Electric vehicles are powered by electric motors, which uses energy from rechargeable
batteries. Electric vehicle are more user and environmental friendly as compared with
gasoline based vehicles. These vehicles do not produce any tailpipe emissions, reduces
dependency on oil and are cheaper to operate. Based on their power source, there
are three types of electric vehicles: directly powered from an external power station,
powered by stored electricity originally from an external power source and powered
by an on-board electrical generator.
Electric vehicles are very popular in low power and low range applications such as milt
floats and golf buggies. However this technology is still in nascent stage for
mainstream transportation, especially in developing countries. In recent years the
electric vehicles segment has attracted the attentions of consumers as well as
governments. According to a report by Electric Vehicle Initiative (EVI) and
International Energy Agency (IEA), global electric vehicle sales became two folds
between the year 2011 and 2012 and this growth is expected to be higher in coming
years.
3. Electric vehicle are manufactured in all major vehicle
classes such as two wheelers, three-wheelers, small cars
and LMVs. Based on the top speed/acceleration, electric
vehicles are categorized as full performance battery
electric vehicle, city electric vehicle and neighborhood
electric vehicle.
4. Electric Vehicles Market Report
North America is the largest market for electric vehicle followed by
Europe and Asia Pacific. The U.S. is the largest market in North
America where as France accounts for highest number of electric
vehicle in Europe. China is leading market for electric vehicle In Asia
Pacific closely followed by Japan. The growth rate for electric
vehicle is expected in double digit in Asia Pacific during the
forecasted period.
Major drivers for electric vehicles (EV) includes governmental
support in the form of subsidies, infrastructure funding and
concessions such as free parking; increasing fossils fuel prices;
development of more efficient and less costly batteries; increasing
trend towards sustainable developments and low operating cost of
5. Request For Complete Report with TOC
Key points covered in the report:-
1. Report segments the market on the basis of types, application, products,
technology, etc (as applicable)
2. The report covers geographic segmentation
• North America
• Europe
• Asia
• RoW
3. The report provides the market size and forecast for the different segments and
geographies for the period of 2010 to 2020
4. The report provides company profiles of some of the leading companies operating
in the market
5. The report also provides porters five forces analysis of the market.
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7. Contact Us
Addie Thomes
305 Broadway,
7th Floor,
New York City, NY 10007,
United States.
Phone: +1-646-568-7751
USA/Canada Toll Free Number.
1-800-961-0353
E-mail: Sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com