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This research report analyzes the Electric vehicles market depending on various segments and major geographies. This detailed study includes trend analysis, market numbers, industry growth drivers and restraints along with the future market projections. This market research report includes analysis of current developments, Porter’s five force analysis and detailed profiles of top industry players. Report also discusses the importance of macro and minor factors important for existing market players and new entrants.
Electric vehicles Market Segmentation-
- Electric-drive vehicles
- Start-stop system
- Mild hybrids
- Full (parallel or ‘power-split’) hybrids
- Plug-in parallel hybrids
- Passenger vehicles
- Low velocity
- Commercial /industrial
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The major geographies analyzed under this research study are North America, Asia-Pacific, Europe and Rest of the World.
The major players in Electric vehicles industry are Daimler: Smart – Mercedes-Benz, General Motors, Mitsubishi, Nissan and Renault among the others.
Increasing oil prices, growing environmental concerns and increasing efficiency of electric vehicles has improved the adoption of electric vehicles globally. U.S. is the largest user of electric vehicles currently; however, Asia – Pacific will derive the future growth. China and Japan will be the largest producers of electric vehicles. Hybrid vehicles will initially drive the growth of the market.