South Africa Electric Vehicle (EV) market is estimated to grow at a CAGR of more than 18.0% during the forecast period. The rising need to address future energy requirements is one of the major factors to drive the growth of the market. The EV market is emerging as an integral part of the automotive industry that provides a pathway to achieve a higher level of energy efficiency with a reduced level of pollutant emissions and other greenhouse gases. Furthermore, in South Africa, the EV manufacturer companies are establishing microgrids based on solar that offers a significant opportunity for decentralized charging infrastructure and the introduction of electrified public transport which is providing a is a big opportunity to the market.
To Request a Sample of our Report on South Africa Electric Vehicle Market: https://www.omrglobal.com/request-sample/south-africa-electric-vehicle-market
The market is segmented on the basis of vehicle type, propulsion technology, and battery type. Based on vehicle type, the market is sub-segmented into commercial vehicles, passenger cars, and two-wheeler. Based on propulsion technology the market is sub-segmented into battery electric vehicle, plug-in hybrid electric vehicle. During the forecast period, plug-in hybrid electric vehicle segment is expected to show a considerable growth rate in the country. Based on battery type, the market is sub-segmented into NiMH, Li-Ion, and others. Based on battery type, the Li-ion battery is anticipated to witness considerable growth during the forecast period.
(Get 15% Discount on Buying this Report)
A full Report of South Africa Electric Vehicle Market is Available @ https://www.omrglobal.com/industry-reports/south-africa-electric-vehicle-market
South Africa Electric Vehicle Market Segmentation
By Vehicle Type
- Commercial Vehicles
- Passenger Cars
- Two-Wheelers
By Propulsion Technology
- Battery Electric Vehicles
- Plug-in Hybrid Electric Vehicle
By Battery Type
- NiMH
- Li-Ion
- Others
Company Profiles
- AB Volvo
- Audi AG
- BMW AG
- Daimler AG
- Ford Motor Co.
- Nissan Motor Co.
- Porsche AG
- Tata Motors Ltd. (Jaguar)
- Toyota Motor Corp.
Reasons to buy 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.
- Our expert research analysts answer all your questions before and after purchasing your report.
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
