Electric Vehicle technologies Market

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Electric Vehicle technologies Market Market
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2023-2028
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The Electric Vehicle technologies market size was
around 105.9 billion in 2021 and is estimated to
reach 215 billion by 2027, growing at a CAGR of
12.1 during 2022-2027. Due to the COVID-19
pandemic, sales of gasoline and diesel vehicles
have fallen drastically in H1 2020. This impact
was seen in the EV market also although the sales
have again increased in H2 2020.
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• Key Takeaways
• While standard hybrids can (at low speed) go
  about 1-2 miles before the gasoline engine turns
  on, PHEV models can go anywhere from 10-40 miles
  before their gas engines provide assistance.
• BEVs offer a wide range of benefits to customers
  currently such as performance, cutting-edge
  technology, connectivity, quieter ride, lower
  running cost, full city access, unique exterior
  styling and increased interior space. They are
  also equipped with Autonomous driving level
  technology.
• However some concerns are still present in
  customer minds across countries with regards to
  BEV adoption, and are as such challenges.

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By Distribution Channel- Segment Analysis Hybrid
Electric Vehicles account for the largest share
at 52.6 in 2021. Around 20 cities globally have
announced plans to bans gasoline and diesel cars
by 2030 or sooner. In Europe, Paris intends to
ban them by 2030, Central London and town centres
across the UK will see Zero emission zones (ZEZs)
from 2025. In Asia, Beijing has long had in place
various initiatives, including a number plate
lottery to restrict the number of new cars
registered, which favors EVs majorly. Fuel
economy, financial incentives including
government subsidies, VAT and vehicle
registration exemptions, city access regulations
are major drivers for EV market growth globally.
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• Electric Vehicle technologies Market Industry
  Outlook
• Tesla
• BYD
• BAIC
• Renault
• BMW
• VW
• Hyundai
• GM
• Nissan
• Ford

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Electric Vehicle technologies Market -
Forecast(2023 - 2028) Learn More About the
Report _at_ https//www.industryarc.com/Report/1819
9/electric-vehicle-technologies-market.html
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_ https//www.industryarc.com
  /purchasereport.php?id18199

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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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