. The rapid shift of consumers towards electric vehicles due to rising rates of conventional vehicle fuels is generating new opportunities for the market. According to the International Energy Agency, more than 10 million electric vehicles are on roads in 2020. The Electric Vehicles Initiative (EVI) is a policy forum launched by the governments of Canada, Chile, China, Finland, France, Germany, India, Japan, the Netherlands, New Zealand, Norway, Poland, Portugal, Sweden, and the United Kingdom to accelerate the adoption of electric vehicles. Such supportive government initiatives are expected to further propel market growth during the forecast period.
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Market Coverage
- The market number available for – 2022-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered-
- By Vehicle Condition
- By Source Type
- By Finance Type
- By Vehicle Type
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Hitachi Ltd., Bank of America Corp., Ford Motor Credit Co., Toyota Financial Services, Volkswagen Financial Services
Automotive Financing Services Market Report Segment
By Vehicle Condition
- New Vehicles
- Used Vehicles
By Source Type
- OEMs
- Banks
- Others (including credit union and financial institutes)
By Finance Type
- Direct
- Indirect
By Product Type
- Passenger Vehicles
- Commercial Vehicles
A full Report of Automotive Financing Services Market is Available at: https://www.omrglobal.com/industry-reports/automotive-financing-services-market
Automotive Financing Services Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- Ally Financial Inc.
- Banco Bradesco SA
- Bank of America Corp.
- Bank of China
- BNP Paribas SA
- Capital One Financial Corp.
- Chase Auto Finance
- Daimler Financial Services
- Ford Motor Credit Co.
- GM Financial Inc.
- HDFC Bank Ltd.
- Hitachi Ltd.
- HSBC Holdings Plc
- ICBC
- Mercedes-Benz Financial Services (Daimler AG)
- Standard Bank Group Ltd.
- Toyota Financial Services
- Volkswagen Financial Services
- Wells Fargo & Co.
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