The France Electric Vehicle market is estimated to grow at a CAGR of more than 18.0% during the forecast period. The rising need to address future energy requirements is one of the major factors to drive the growth of the market. Moreover, the cohesive government programs and initiatives to fuel the growth of the EV market in France. France is one of the members of the EV30@30 Campaign that aims to accelerate the deployment of EVs. It sets a collective aspirational goal. In 2018, France Government announced to ban sales of new cars emitting greenhouse gases by 2040. Moreover, the French government stated that it intends to reach a fleet of 1 million BEVs and PHEVs in 2022.
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Moreover, under the framework of the Green, Car Initiative started in November 2008 the France economic recovery plan had been presented to support a Europe-wide electromobility initiative, Green eMotion, worth $46.1 million, in partnership with 42 partners from electric car manufacturers, industry, municipalities, research institutions, universities, technology, research institutions, and utilities. According to the action plan, the France Commission will invest $26.7 million to finance the initiative’s activities. The growing public-private partnership to support the adoption of electric vehicles is anticipated to fuel the growth EV market in France.
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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
France Electric Vehicle Market by Vehicle Type
- Commercial Vehicles
- Passenger Cars
- Two-Wheelers
France Electric Vehicle Market by Propulsion Technology
- Battery Electric Vehicles
- Plug-in Hybrid Electric Vehicle
France Electric Vehicle Market by Battery Type
- NiMH
- Li-Ion
- Others
Company Profiles
- BMW AG
- BYD
- Daimler AG
- Ford Motor Co.
- Kia Motors Corp.
- Mitsubishi Motors Corp.
- Nissan Motor Co.
- Renault Group
- Tesla, Inc.
- Volkswagen AG
- Volvo Group
The Report Covers
- Comprehensive research methodology of the France 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 France electric vehicle market.
- Insights about market determinants which are stimulating the France 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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