Asia-Pacific electric vehicle plastics market is projected to grow at a significant CAGR during the forecast period (2020-2026). The growth in the electric vehicle industry further provides a significant opportunity for the market in the region. As per the IEA, the global stock of electric passenger cars passed five million in 2018. Out of this, around […]
Category Archives: Electrical Vehicles
The global market for electric vehicle plastics is expected to grow at a significant CAGR during the forecast period. The rising requirement for lightweight plastics in electric vehicles, as well as the expanding demand for electric vehicles, are driving the electric vehicle plastics market. The electric car sector relies heavily on lightweight polymers. Due to […]
South Korea electric bus market is estimated to grow at a significant CAGR during the forecast period. The rapidly increasing urbanization of South Korea demanding improvement in public transport along with cohesive government plan to do electrification of public transport is one of the major factors to drive the growth of the South Korea electric […]
North American electric bus market is estimated to grow at an exponential CAGR during the forecast period. The rising acceptance of the electric buses owing to the growing environmental concerns along with the available federal and private funding are the key factors to propel the growth of the electric buses market in North America. In […]
Norway electric bus market is estimated to grow at a considerable CAGR during the forecast period. The rising adoption of electric vehicles owing to the growing environmental concerns along with cohesive government initiatives are some of the major aspects to propel the adoption of electric buses in the country, thereby fueling the growth of Norway […]
Latin America Electric Bus market is estimated to grow at a considerable CAGR during the forecast period. The growing adoption of the electric buses in the region owing to cohesive government subsidies, partnerships between transit authorities and utilities, and the presence of favorable business models are the key factors to drive the growth of the […]
France electric bus market is estimated to grow at a significant CAGR during the forecast period. The growing adoption of electric vehicles in the country to deal with the rising environmental concerns is one of the major factors to drive the growth of the market. In addition, the country’s plan to implement a fully electric […]
The European electric bus market is projected to grow at an exponential CAGR during the forecast period. The key factors that propel the growth of the market include the rising acceptance of the electric buses due to the rising environmental concerns along with the available government and private funding. In January 2021, according to the […]
Germany electric bus market is estimated to grow at a considerable CAGR during the forecast period. Funding plays a crucial role in purchasing electric buses. In Germany, municipalities are considered to be the key end-users of electric buses to decline the carbon emission level. Berlin, Frankfurt, and Hamburg municipalities are under the impression of purchasing […]
China electric bus market is anticipated to grow at a significant CAGR of around 12.0% during the forecast period. China is a key player in the global electric bus market and is anticipated to sustain its dominance during the forecast period. In May 2020, more than 420,000 electric buses were in China which is about […]