The electric vehicles (EV) market has seen significant development owing to required for resolving future energy resources. This market is rising and becoming integral part of the automotive industry

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Electric Vehicles (EV) Market Size, Analysis, Share, Growth, Research
Trends and Segment Forecasts 2012 To 2020: Hexa Research
The electric vehicles (EV) market has seen significant development owing to required for
resolving future energy resources. This market is rising and becoming integral part of the
automotive industry. It represents a way to achieve energy efficiency coupled with decreasing
release of pollutants and few other greenhouse gases. Increasing concerns related to
environment along with the positive initiatives taken by government are some of the main
reasons driving the market development Increasing competition and energy cost amongst rising
energy effectiveness in technologies is also anticipated to fuel the market growth. China-owned
BYD and Google’s Recharge IT program have invested a lot in green car technologies. Buying
an electric automobile remains a big judgment for many customers with considerations such as
falls caused by stray power cords and safety concerns regarding any electrical hazards. A high
initial investment for buying vehicle is restricting driving range and be deficient of vehicle-
recharging facility in public places is anticipated to hinder the electric vehicles market. For
utilities, automobile development presents restrains peak load impacts of uncontrolled charging

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such as high cost of infrastructure, which may hinder EV market growth. Advancement in
technology with respect to batteries have durability and higher efficiency coupled with advance
features which may provide best opportunities for growth of market. Increasing adoption is also
projected to offer opportunities for auto manufacturers, utility providers, and customers. Smart
grids make possible neat charging by offering utilities with improved manage over all aspects of
functions.
Product Insights
The electric vehicles market is widely categorized into Hybrid Electric Vehicles (HEV), Plug-in
Electric Vehicles (PEV), , Battery Electric Vehicles (BEV). Emerging of PEVs across the light
duty fragment is anticipated to positively impact the PEV market development. The Hybrid
electric vehicle market is projected to observe growth as producers highlight on developing
vehicles in agreement with various set of laws to reduce vehicles releasing CO2 and customers
look for lower fuel expenditure.
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vehicles-ev-industry/
Regional Insights
The U.S. is dominating the electric automobile market, that can be attributed to positive
government incentive and initiatives. National incentives comprise of, decreased license fees,
availability of tax credit for buying of new strong plug-in electric vehicle. In the region of Florida,
electric vehicles are exempted from maximum insurance charges and approved right to use to
carpool lanes. In U.K., U.S., and France, governments are continuing out extensively to take
initiatives to give these automobiles to government agency, and construct an electric vehicle
charging network, and so driving market development into these regions. Due to higher fuel

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prices and less oil subsidies, the European electric automobile market is anticipated to show
increasing requirement over the upcoming five years. Asia Pacific is also expected to observe
significant increase in demand on the basis of various initiatives that are under process to make
awareness about the acceptance of electric vehicle programs. These initiatives consist of
subsidy for electric vehicle purchaser, public awareness programs, tax incentives, research and
development investments that are at present successfully accepted in Korea and Japan. China
is also anticipated to come out as a significant regional market owing to the positive initiatives
such as subsidies for EV.
Competitive Insights
There are many major players within this electric vehicle industry such as Toyota, Nissan,
General Motors, , Tesla, Nissan and Toyota. Other players within market are Daimler AG, Smith
Electric Vehicles, BYD, Renault S.A, Volkswagen, Mitsubishi Motors Corporation.
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Table of Contents
Chapter 1 Executive Summary
1.1. Electric Vehicles - Industry Summary and Critical Success Factors (CSFs)
Chapter 2. Electric Vehicles Industry Outlook
2.1. Market Segmentation
2.2. Market Size and Growth Prospects
2.3. Electric Vehicles Value Chain Analysis
2.4. Electric Vehicles Market Dynamics
2.4.1. Market Driver Analysis
2.4.1.1. Favorable regulatory scenario
2.4.1.2. Battery technology development

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2.4.1.3. Growing environmental concerns
2.4.2. Market Restraint Analysis
2.4.2.1. High initial cost
2.5. Key Opportunities Prioritized
2.6. Industry Analysis - Porter's
2.7. Electric Vehicles - Company Market Share Analysis, 2013
2.8. Electric Vehicles Market PESTEL Analysis, 2013
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