Personal Electric Vehicle EV Cars: Market Dynamics, Segmentation, Growth Rate, Leading Players and Forecasts from 2019 to 2025

Posted on 2019-04-02 by Mark Hub in Retail // 0 Comments

Albany, USA, 2019-Apr-02 — /EPR Network/ —

The market for Personal Electric Vehicle EV Cars is growing with the expansion of this Industry Sector Worldwide. Market Research Hub (MRH) has added a new report titled “Personal Electric Vehicle EV Cars: Market Shares, Strategies, and Forecasts, Worldwide, 2019 to 2025” which offer details about the current trends and analysis, as well as scope for the near future. This research study also covers information about the production, consumption and market share based on different active regions. Furthermore, an anticipated growth at a double-digit CAGR for the Personal Electric Vehicle EV Cars sector is highlighted in the report which indicates a prosperous future.

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The 2019 study has 210 pages, 110 tables and figures. The vendors in the Personal Electric Vehicle EV Cars industry have invested in high-quality technology and processes to develop leading edge electric vehicle capability a being implemented quickly so as to benefit from first mover advantage in the market.

Personal Electric Vehicle EV Car manufacture promises to replace gasoline engine cars by 2025. Electric cars leverage new battery technology to achieve better cost benefit ratios. Electric vehicles provide a positive ROI to owners because the cost of recharging batteries is significantly less than the cost of gasoline for similar mileage driven.

Electric car markets bring lower costs and higher value when battery technology is modernized. As lithium ion battery cathodes undergo rapid improvement, the lower cost batteries make electric vehicles less expensive than gas powered vehicles. Electric cars cost less than ICE engine cars, finally. Electric cars do require battery replacement after 5 years.

Global warming has become a serious issue. Consumers have become aware of the need to embrace renewable energy programs directly. The UK is in danger of completely running out of fresh water in 10 years. The high school students are protesting global warming every Friday – worldwide. Nebraska farmers and Iowa voters are fearful about global warming. Consumers are beginning to demand electric vehicles. Personal Electric Vehicle EV Cars that depend on efficient lithium ion batteries have finally begun to tow the mark with regard to addressing global warming.

Electric cars leverage new battery technology to achieve better cost benefit ratios. Electric car markets bring lower costs and higher value when battery technology is modernized. As lithium ion battery cathodes undergo rapid improvement, the lower cost batteries make electric vehicles less expensive than gas powered vehicles. Electric vehicles provide a positive ROI to owners because recharging batteries is significantly less than the cost of gasoline for similar mileage driven. Electric cars cost less than ICE engine cars, finally. Electric cars do require battery replacement after 5 years.

Over the last several years, electric vehicles have entered the mainstream, and the market segment is expected to grow creating radical changes in personal transport. How the segment unfolds is still to be decided, but all signs point to a situation creating 36% of the cars on the road are electric by 2025. By that time, all of the cars manufactured will be electric. Automakers and suppliers are dramatically expanding electrified offerings to achieve gains in fuel efficiency, reductions in emissions, and modernization of the model offerings.

As market participants to establish positions in the electric personal vehicle offerings. the leadership positions are shifting. With the advent of Tesla selling cars over the internet, even the distribution channels threaten to shift dramatically. Industry leadership by Tesla has been achieved by making significant investment in manufacturing and battery infrastructure to facilitate the shift to a next generation of automotive transport.

Automotive manufacturers and suppliers are making a concerted shift away from the internal combustion engine to fully electric vehicles. To retain profitability, companies are improving the efficiency of electric vehicles. The vendors are working to reduce the cost of core components, particularly the traction motors and power electronics.

Vehicles require electric drive motors, generators, and power electronics for alternating current-direct current (AC-DC) conversion as well as DC voltage conversion to support multiple vehicle subsystems.

The global electric vehicle market at $39.8 billion in 2018 is projected to reach $1.5 trillion by 2025. Units sales are anticipated to reach 97 million vehicles worldwide by 2025. EV sales worldwide at 2.7 million vehicles in 2018 will go to 11 million in 2020.

Companies Profiled

Market Leaders

Tesla
GM
Toyota Prius Prime
BMW
Honda
Nissan LEAF
VW
Renault Zoe
BMW
Mitsubishi Outlander PHEV
Smart Fortwo ED
Hyundai Ioniq Electric
Volvo XC60 T8 PHEV
Mercedes GLC350e
Kia Soul EV
BYD
BAIC
Zhidou
Geely
Emgrand
Kandi
JMC
JAC
Zotye
Chery
Ford Fusion Energi

Key Topics

Personal Electric Vehicle EV Cars
New 811 battery technology
EV Battery Improvement
Electric Vehicle Car Segment
Market Forecasts
Small Electric Vehicle Car
Mid-Size Electric Vehicle Car
Luxury Electric Vehicle Car
TaaS Shipments
Electric Cars Market Driving Forces
Motor Controller
Electric Engine
Other Components of an Electric Engine
EV Economies of Scale
Chinese EV Market
US EV Market
European EV Market
German EV Market
UK EV Market
Japanese EV Market
Regional EV Markets
Renewable energy generation

Browse Full Report with TOC https://www.marketresearchhub.com/report/personal-electric-vehicle-ev-cars-market-shares-strategies-and-forecasts-worldwide-2019-to-2025-report.html

Table of Contents

Electric Cars (EVs): Market Shares, Market Strategy, and Market Forecasts, 2019 to 2025 1
Electric Cars Executive Summary 17
Electric Cars Market Driving Forces 17
Electric Cars Market Driving Forces 18
Personal Electric Automobiles, Market Shares 20
Personal Electric Automobiles, Market and Market Forecast 21

Electric Cars Market Definition and Market Dynamics 24
1.1 Move to Electric Vehicles 24
1.1.1 Market Leaders General Motors And Toyota Stumbling In Electric Vehicle Market 25
1.2 Urban Shift to Upgraded Mega Cities 25
1.2.1 Electric Vehicle Regional Markets 26
1.3 Battery 27
1.3.1 Electric Vehicle Lithium-ion EV Battery Cathode Materials 27
1.3.2 Tesla Battery 28
1.3.3 Cobalt 29
1.4 EV Cost of Operation 32
1.4.1 EV Fuel Efficiency 32
1.4.2 Government Incentives for Electric Vehicles 33
1.4.3 Military Spending 0n Artificial Intelligence (AI) 33
Electric Cars Market Shares and Market Forecasts 35
2.1 Electric Cars Market Driving Forces 35
2.1.1 Electric Cars Market Driving Forces 35
2.1.2 Motor Controller 37
2.1.3 Electric Engine 38
2.1.4 Other Components of an Electric Engine 38
2.1.5 EV Economies of Scale 39
2.2 Electric Cars Market Shares 39
2.2.1 Electric Car Market Participants 41
2.2.2 Electric Car Batteries 43
2.3 Electric Car Market Forecasts 44
2.3.1 Electric Vehicle Car Segment Market Forecasts, Small, Mid-Size, Luxury. And TaaS, Shipments 47
2.3.2 Trucks and Busses Electric Vehicle Market Forecasts 50

To be continue@@

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About Market Research Hub

Market Research Hub (MRH) is a next-generation reseller of research reports of different sector like electric vehicle market research and analysis. MRH’s expansive collection of industry reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.

MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

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