Asia-Pacific Electric Vehicle market is estimated to grow at a CAGR of over 21.0% during the forecast period (2019-2025). China, Japan, India, and South Korea are the major countries contributing significantly to the regional growth of the market. India is a very potential region in terms of EV industry growth. Tesla has already announced to enter the Indian electric vehicle industry.
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In addition to this, around 26 upcoming electric cars Taycan, e-Tron, I-Pace, eKUV100, Model 3 will be launched in India in 2021-2023. Among these 26 upcoming cars, there are 2 luxury, 12 SUVs, 5 Sedans, 1 Hybrid, 10 Hatchbacks, and 1 Convertible. These expected launches of electric cars represent ample opportunity, which in turn will drive the Asia-Pacific electric vehicle industry in the near future.
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Asia-Pacific Electric Vehicle Market Report Segment
By Vehicle Type
- Passenger Cars
- Commercial Vehicle
- Two-Wheeler
By Propulsion Technology
- Battery Electric Vehicle (BEV)
- Plug-In Hybrid Electric Vehicle (PHEV)
By Battery Type
- NiMH
- Li-Ion
- Others
Asia-Pacific Electric Vehicle Market- Countries Covered
- China
- Japan
- India
- Rest of Asia-Pacific
Company Profiles
- BMW AG
- General Motors Co.
- Hero Electric Vehicles Pvt. Ltd.
- Honda Motor Co., Ltd.
- Hyundai Motor Co.
- Kia Motors Corp.
- Mahindra & Mahindra Ltd.
- Nissan Motor Co.
Reasons to Buying From us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
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