Electric Vehicle Market to Register Growth 40.7% by 2027
The global electric vehicle market is expected to register a compound annual growth rate (CAGR) of 40.7% from 2020 to 2027 according to Precedence Research
/EIN News/ OTTAWA, Jan. 08, 2021 (GLOBE NEWSWIRE) Recent Research Report on “
Electric Vehicle Market (By Product: Battery Electric Vehicles (BEV) and Plug-in Hybrid Electric Vehicles (PHEV)) - Global Market Size, Trends Analysis, Segment Forecasts, Regional Outlook 2020 - 2027.”
Electric vehicle is an electrically powered vehicle that uses traction motor or electric motor for propulsion. They have shown attractive growth over the past decade and their adoption rate is still prospering in double digit growth. On the basis of product they are categorized into Battery Electric Vehicle (BEV) and Plug-in Hybrid Electric Vehicle (PHEV). Presently, BEV dominated the sale of electric vehicles across globe. However, PHEVs are anticipated to flourish significantly over
Electric Vehicle Market to Register Growth 40 7% by 2027 – Padovanews padovanews.it - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from padovanews.it Daily Mail and Mail on Sunday newspapers.
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“Grand View Research, Inc. – Market Research And Consulting.”
According to a report published by Grand View Research, the market is witnessing growth owing to the technical developments in EV charging and significant investment from automakers in EVs along with the initiatives taken by the governments of several countries across the globe promoting the usage of Electric Vehicles.
The global
electric vehicle market demand is expected to reach $1,212.1 billion by 2027, expanding at a CAGR of 38.1% over the forecast period, according to a study conducted by Grand View Research, Inc. The market is driven by initiatives taken by governments of various countries to promote the manufacturing of Electric Vehicles (EVs). For instance, the Electric Vehicles Initiative (EVI), a multi-government forum, aims at increasing the adoption of EVs globally. The Electric Vehicles Initiative (EVI) is a multi-government policy forum committed to speeding up the worldwide implementation
Automotive Power Module Packaging Market 2021 Global Share, Trend, Segmentation, Analysis and Forecast to 2026 texasguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from texasguardian.com Daily Mail and Mail on Sunday newspapers.
Pattaya City together with Toyota and Osaka Gas lays the foundation for decarbonized sustainable city
published : 23 Dec 2020 at 11:07
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Mr. Sontaya Kunplome, Mayor of Pattaya City, Mr. Michinobu Sugata, President of Toyota Motor Thailand Co., Ltd., and Mr. Shunsaku Nakai, Managing Director of Osaka Gas (THAILAND) Co., Ltd. joined an MOU signing ceremony toward establishing a decarbonized society.
The aim of the project is to study and lay the foundation for a decarbonized and sustainable society through environmentally-friendly automotive innovations coupled with clean energy for various usages. The ceremony was held on Monday, 21 December 2020 at Eastin Thana City Golf Resort Bangkok, with the attendance of H.E. Mr. Kazuya Nashida, Ambassador of Japan to Thailand, and Dr. Luxmon Attapich, Deputy Secretary General, Eastern Economic Corridor Office.