Germany electric vehicle (EV) market is anticipated to grow at a significant CAGR of 23.0% during the forecast period (2019-2025). Germany is a major automotive market player across Europe. According to Germany Trade and Invest, in 2019, Germany accounted for around 25.0% of all passenger cars manufactured (4.7 million) and approximately 20.0% of all new car registrations (3.6 million). Established automobile market and inclination of automobile manufacturers towards investment in EVs owing to cohesive government support to manufacture and sell EVs is promoting Germany EV market. Looking towards the growth of the Germany EV market various Germany based EV startups are working on different technologies to become outstanding in the market.
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A full report of Germany Electric Vehicle Market is available at: https://www.omrglobal.com/industry-reports/germany-electric-vehicle-market
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Market Coverage
- The market number available for – 2018-2025
- Base year- 2019
- Forecast period- 2019-2025
- Segment Covered- By Vehicle Type, By Propulsion Type, By Battery Type
- Competitive Landscape- Audi AG, BMW AG, Hyundai Motor Co., Tesla, Inc., Volkswagen AG
Key questions addressed by the report
- What is the market growth rate?
- Which segment dominates the market in the base year?
- Which segment will project the fastest growth in the market?
- How COVID-19 impacted the market?
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Germany Electric Vehicle Market Report Segment
By Vehicle Type
- Commercial Vehicle
- Passenger Car
- Two-Wheeler
By Propulsion Technology
- Battery Electric Vehicle
- Plug-in Hybrid Electric Vehicle
By Battery Type
- NiMH
- Li-ion
- Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
