The European battery electric vehicle market is estimated to grow at a CAGR of more than 24.0% during the forecast period. In Europe, a shift toward BEV has been witnessed in a couple of years. As per the European Automobile Manufacturers Association, in Europe, BEV witnessed a growth of 80% in 2019 YoY whereas the growth of PHEV was only near to 7.1% YoY in 2019. The increasing popularity of BEV such as Tesla models in Europe is one of the major factors for the growth of the BEV market. Some other major factors contributing to the growth of the market include encouraging government regulations, financial backing on the electric vehicle by the government, development of charging infrastructure, and stringent target to curb the carbon emission. Besides, increased traveling range of the BEV due to the technological advancement of the batteries is another major factor leading to the adoption of BEV in the region.
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This European Battery Electric Vehicle (BEV) Market report briefly talks about the significance of every segment and growth aspects. It offers key statistics about major regions such as Europe, Asia Pacific, Middle East, Africa, North America and Latin America. This comprehensive European Battery Electric Vehicle (BEV) Market report works as a potent tool to allow key players get the right direction and guidance for companies to survive in the competitive market. Some of the major sectors are discussed in this European Battery Electric Vehicle (BEV) Market report such as manufacturing technology and industry applications. Competitors section, product type section and end-user section are the leading sections covered in this European Battery Electric Vehicle (BEV) Market study report. Entire market is covered in this Market report along with leading sections. It also covers basic overview of the entire market to help new entrants in making business easy going and forward.
All the significant parameters are also captured in this European Battery Electric Vehicle (BEV) Market research report. Key strategies are also captured here to help novel entrants to retain their position in the market. All the significant parameters are also discussed here along with market dynamics such as trends, challenges, opportunities and drivers. It also presents product specifications, company profile and 2022-2028 market shares for every company. Important information covered in this report enables key participants to know regarding the qualitative growth parameters of the global market. Quantifiable information covered in this European Battery Electric Vehicle (BEV) Market report helps to analyze country level and regional level data integrating the supply and demand strengths which are augmenting the market growth. It then goes on to talk about COVID-19 epidemic and how it several affected a number of major business sectors around the globe.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Europe Battery Electric Vehicle Market by Vehicle Type
- Passenger Car
- Commercial Vehicle
- Others
Europe Battery Electric Vehicle Market by Battery Type
- NiMH
- Li-Ion
- Others
Regional Analysis
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Netherlands
- Norway
- Rest of Europe
Company Profiles
- Audi AG
- BAIC Group
- BMW AG
- BYD Auto Co., Ltd.
- Chery Automobile Co., Ltd.,
- Fiat Chrysler Automobiles N.V.
- Ford Motor Co.
- General Motors Co.
- Great Wall Motors Co. Ltd.
- Groupe PSA
- Honda Motor Co., Ltd.
- Hyundai Motor Co.
- Jaguar Land Rover Ltd.
- Kia Motors Corp.
- Nissan Motor Co.
- Renault Group
- SAIC Motor Corp. Ltd.
- Tesla, Inc.
- Toyota Motor Corp.
- Volkswagen AG
The Report Covers
- Comprehensive research methodology of the European Battery Electric Vehicle Market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the European Battery Electric Vehicle Market.
- Insights about market determinants which are stimulating the European Battery Electric Vehicle Market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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