Electric Vehicles are vehicles that are either partially or fully powered on electric power. Electric vehicles have low running costs as they have less moving parts for maintaining and also very environmentally friendly as they use little or no fossil fuels (petrol or diesel).
This report aims to provide a comprehensive presentation of the global market for Electric Vehicles (EVs), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Vehicles (EVs). This report contains market size and forecasts of Electric Vehicles (EVs) in global, including the following market information:
Global Electric Vehicles (EVs) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Electric Vehicles (EVs) Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Electric Vehicles (EVs) companies in 2022 (%)
The global Electric Vehicles (EVs) market was valued at US$ 169550 million in 2022 and is projected to reach US$ 430060 million by 2029, at a CAGR of 14.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global electric vehicles (EVs) key players include Tesla, BYD, BMW, etc. Global top 5 manufacturers hold a share nearly 60%.
China is the largest market, with a share about 40%, followed by Europe and United States, both have a share about 50 percent.
In terms of product, BEV is the largest segment, with a share about 70%. And in terms of application, the largest application is home use, followed by commercial use.
We surveyed the Electric Vehicles (EVs) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electric Vehicles (EVs) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electric Vehicles (EVs) Market Segment Percentages, by Type, 2022 (%)
Global Electric Vehicles (EVs) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electric Vehicles (EVs) Market Segment Percentages, by Application, 2022 (%)
Global Electric Vehicles (EVs) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electric Vehicles (EVs) Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Electric Vehicles (EVs) revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Electric Vehicles (EVs) revenues share in global market, 2022 (%)
- Key companies Electric Vehicles (EVs) sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Electric Vehicles (EVs) sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Tesla
- BYD
- BMW
- Volkswagen
- Mercedes-Benz
- Stellantis
- VOLVO
- Hyundai & Kia
- Renault
- SAIC
- NIO
- ONE
- XPeng
- TOYOTA
- GAC Motor
- JAC
- Nissan
- Great Wall Motors
- Chery
- GEELY
Outline of Major Chapters:
- Chapter 1: Introduces the definition of Electric Vehicles (EVs), market overview.
- Chapter 2: Global Electric Vehicles (EVs) market size in revenue and volume.
- Chapter 3: Detailed analysis of Electric Vehicles (EVs) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Electric Vehicles (EVs) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Electric Vehicles (EVs) capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
