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Electric Vehicle Market Expected to Behold a CAGR of 19.71% through 2023

June 15, 2018 | Author: | Posted in Business, Marketing

Industry Outlook and Trend Analysis: The Electric Vehicles Market was worth USD 72.23 billion in 2014 and is expected to reach approximately USD 364.67 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 19.71% during the forecast period. Electric vehicles are thought to be the vehicles without bounds and are …

Plug-In Electric Car Market – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023

The government financial incentives such as subsidies and tax rebates on the purchase of electric cars and non-financial support, such as access to high-occupancy vehicle lanes and preferential parking for plug-in electric cars, are the major drivers for the growth of plug-in electric car market . On the basis of segment, the market is categorised …

Electric Vehicles Industry to Experience Considerable Growth by 2020

September 11, 2017 | Author: | Posted in Vehicles

With increase in demand of enhanced fuel economy and rising fuel prices in vehicle are anticipated to drive vehicle electrification Industry growth globally. Stringent government policies on harmful emissions from Carbon dioxide and rise in pollution are driving the electrification industry from past few years. The Electric Vehicles (EV) market is likely to experience high …