South Korea electric bus market is anticipated to grow at a significant rate during the forecast period (2019-2025). The major factors that are driving the market include the rising demand for improvement in public transport, the cohesive government plan for electrification of public transport, and rapid urbanization. (Get 15% Discount on Buying this Report) Get Report […]
Category Archives: Business
Spain electric car market is anticipated to grow with a significant CAGR of 21.0% during the forecast period (2019-2025). Growing environmental concerns, rising government initiatives, and the rising demand for zero-emission vehicles are expected to drive the market. A growth of around 48% was reported on the Spain electric car market in 2019 and reached […]
European electric two-wheeler market is projected to grow at a considerable CAGR during the forecast period (2019-2025). The key factors to propel the growth of the market include the increasing government initiatives and subsidies along with the need to control pollution. In 2019, in Luxembourg, subsidy up to $362 is available on the purchase of new […]
Germany battery electric vehicle market is projected to grow at a CAGR of more than 20% over the forecast period (2019-2025). Germany is one of the leading countries in Europe, where electric vehicle charging infrastructure is developing at a considerable pace, which is a primary factor driving the market growth. Various companies including the New Motion […]
European electric two-wheeler market is projected to grow at a considerable CAGR during the forecast period (2019-2025). The key factors to propel the growth of the market include the increasing government initiatives and subsidies along with the need to control pollution. In 2019, in Luxembourg, subsidy up to $362 is available on the purchase of new […]
Canada electric vehicle market is expected to grow at a significant CAGR of over 18.0% during the forecast period (2019-2025). The factors that drive the growth of the market include the supportive programs to encourage the purchasse of Zero-emission vehicles. As of May 2019, all Canadians who purchase EVs or plug-in hybrids are eligible for an […]
ASEAN electric two-wheelers market is projected to grow at a considerable CAGR during the forecast period (2019-2025). The factors that are propelling the growth of the market include rising government initiatives and incentives to increase the sale of electric vehicles. In February 2019, Indonesia announced a $4 billion Chinese-led project for the production of nickel laterite […]
Sweden electric car market is projected to grow at a significant CAGR of more than 20% during the forecast period (2019-2025). The key factors propelling the growth of the market include government support in the country. According to BIL Sweden, In March 2020, out of total new registrations, 32.2% share of the rechargeable passenger car was […]
Spain electric vehicle market is projected to grow at an exponential CAGR of more than 23.0% during the forecast period (2019-2025). The factors that are driving the market growth include the increasing government incentives, presence of major players, and growth in electric vehicle charging infrastructure. In July 2020, SEAT, an automotive company has announced the amount […]
Norway electric car market is projected to grow at a CAGR of more than 16.0% during the forecast period (2019-2025). The factors such as the highest ratio of sales of electric cars due to government support are driving the growth of the market. As per the government data in January 2021, in Europe, Norway was dominating […]