Electric car use by country

EY research: Nearly half of US car buyers intend to purchase an electric vehicle; charging and safety concerns weigh on consumers

Retrieved on: 
Tuesday, June 27, 2023
EY, ICE, Research, MCI, IRA, ICES, SUV, EVS, Inflation, Motivation, Electric car use by country, Growth, Inflation Reduction Act of 2022, Safety, Online shopping, Fireworks, EV

Despite purchase intent gains, a majority (57%) of US car buyers cite the danger of home charging as a key deterrent.

Key Points: 
  • Despite purchase intent gains, a majority (57%) of US car buyers cite the danger of home charging as a key deterrent.
  • This represents a 19% increase since the 2022 MCI findings, showing the highest growth in EV intent and sentiment, globally.
  • Further, 40% of new car buyers and 37% of used car buyers would prefer purchasing an SUV over other car body types.
  • Over half (51%) of US consumers are more worried about finding a charging station in nonresidential facilities than expensive charging costs.

Global Electric Vehicle Market (2020 to 2025) - Featuring Ashok Leyland, Citroen and Hyundai Among Others - ResearchAndMarkets.com

Retrieved on: 
Monday, September 6, 2021
Alternative Vehicles, Fuels, Automotive, Electric vehicles, Electric vehicle conversion, Transport, Plug-in hybrid, Green vehicles, Electric power, Electric vehicle, Electric car use by country, Plug-in electric vehicles in Germany

The "Global Electric Vehicle Market Overview, 2020-25" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Electric Vehicle Market Overview, 2020-25" report has been added to ResearchAndMarkets.com's offering.
  • Even though electric vehicles are a need of the hour, the market is hurdled highly because of the lack of infrastructure and the high manufacturing cost.
  • By the end of 2025, commercial electric vehicles are likely to reach a market of over 800 Thousand Units.
  • The lack of standardization in the charging load is also a major drawback for the global market.

$14 Billion Electric Vehicle Charging Infrastructure Market - Global Outlook and Forecast 2021-2026: Revenue is Expected to Grow at a CAGR of Over 30% - ResearchAndMarkets.com

Retrieved on: 
Monday, May 24, 2021
Other Construction & Property, Construction & Property, Automotive, Alternative Vehicles, Fuels, Electric vehicles, Electric vehicle, Sustainable transport, Charging station, Green vehicles, Electric vehicle conversion, Transport, Electric power, Electric car use by country, Electric car

The "Electric Vehicle Charging Infrastructure Market - Global Outlook and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Electric Vehicle Charging Infrastructure Market - Global Outlook and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
  • The global electric vehicle charging infrastructure market by revenue is expected to grow at a CAGR of over 30% during the period 2020-2026.
  • The global electric vehicle charging infrastructure market size to cross USD 14 billion in 2026, growing at a CAGR of 36% during the forecast period.
  • With the increasing funding from government bodies for electric vehicle (EV) adoption, the demand for charging infrastructure is expected to grow.

BMW of North America Reports Q1 2021 U.S. Sales Results.

Retrieved on: 
Thursday, April 1, 2021
Other Transport, Trucking, Other Retail, Automotive, General Automotive, Transport, Automotive Manufacturing, Manufacturing, Logistics, Supply chain management, Retail, Cars, Car classifications, BMW, Convertibles, Automotive industry in the United States, Mini, Subcompact cars, BMW Brilliance, Electric car use by country

Consistent with auto industry practice in the US, BMW of North America follows the U.S. Auto Industry Sales Release Schedule issued annually by Motor Intelligence for purposes of reporting sales of BMW passenger cars and light trucks and MINI passenger cars.

Key Points: 
  • Consistent with auto industry practice in the US, BMW of North America follows the U.S. Auto Industry Sales Release Schedule issued annually by Motor Intelligence for purposes of reporting sales of BMW passenger cars and light trucks and MINI passenger cars.
  • As a result, the sales of BMW passenger cars and light trucks and MINI passenger cars reflected in todays Q1 2021 figures occurred between January 5, 2021 and March 31, 2021.
  • The sales of BMW passenger cars and light trucks and MINI passenger cars reflected in Q1 2020 figures occurred between January 3, 2020 and March 31, 2020.
  • BMW (US) Holding Corp., the BMW Groups sales headquarters for North America, is located in Woodcliff Lake, New Jersey.

Automotive Traction Motor Market by Motor Type, Type, EV Type, Power Output, Vehicle Type and Region - Global Forecast to 2026 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 31, 2021
Alternative Vehicles, Fuels, Aftermarket, Automotive, General Automotive, Engineering, Other Energy, Automotive Manufacturing, Manufacturing, Energy, Electric vehicle conversion, Energy, Plug-in hybrid, Vehicle electrification, Electric vehicle, Electric motor, Transport, Electrification, Electric vehicles, Electric car use by country, Electric car

The "Global Automotive Traction Motor Market by Motor Type (PMSM, DC Brushless, AC Induction), Type (AC, DC), EV Type (BEV, HEV, PHEV), Power Output (less than 200 KW, 200-400 KW, above 400 KW), Vehicle Type (PC, CV), and Region - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Automotive Traction Motor Market by Motor Type (PMSM, DC Brushless, AC Induction), Type (AC, DC), EV Type (BEV, HEV, PHEV), Power Output (less than 200 KW, 200-400 KW, above 400 KW), Vehicle Type (PC, CV), and Region - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
  • The global automotive traction motor market is projected to grow at a CAGR of 33.7% from USD 4.1 billion in 2021 to USD 17.3 billion by 2026.
  • Factors such as supporting government policies launch of new EV models, and advanced motor designs will drive the automotive traction motor market.
  • The electric vehicle industry has rapidly evolved with ongoing developments in design, features, engineering, and electric motor technologies.

Global Sales of Electric Vehicles Market Size and Share Will Hit USD 700 Billion By 2026: Facts & Factors

Retrieved on: 
Thursday, March 25, 2021
Electric vehicle conversion, Electric vehicles, Plug-in hybrid, Vehicle electrification, Hybrid electric vehicle, Transport, Electrification, Electric power, Plug-in electric vehicles in the Netherlands, Electric car use by country

Some European countries, China, and the U.S. led the global electric vehicle market in terms of sales of hybrid electric vehicles (HEV) and plug-in hybrid electric vehicles (PHEV).

Key Points: 
  • Some European countries, China, and the U.S. led the global electric vehicle market in terms of sales of hybrid electric vehicles (HEV) and plug-in hybrid electric vehicles (PHEV).
  • Apart from this, the launch of turbo-chargers and wireless charging setups for electric vehicles is positively impacting the industry growth during the study timeframe.
  • According to the research report, global electric vehicles market in 2019 surpassed USD 140 Billion.
  • Also, the market is expected to grow at a CAGR of more than 22% and is anticipated to reach around USD 700 Billion by 2026.

Electric Vehicle Market Declined in 2020 But There's Still Good News, Says Beroe Inc.

Retrieved on: 
Thursday, March 18, 2021
Electric vehicles, Electric vehicle, Sustainable transport, Green vehicles, Vehicle leasing, Vehicles, Finance, Electric vehicle industry in India, Electric car use by country

The fleet management companies and car leasing companies are steadily increasing their dependency on electric vehicles as large MNCs have started framing electric vehicle policies.

Key Points: 
  • The fleet management companies and car leasing companies are steadily increasing their dependency on electric vehicles as large MNCs have started framing electric vehicle policies.
  • When it comes to Europe, sustainability, and reduction in vehicle CO2 emission are driving electric vehicle sales.
  • However, owing to the increased adoption of electric vehicles among corporates in Europe, the market grew up to 44 percent.
  • In the first half of 2020, the light vehicle market declined by 28 percent due to the impact of COVID-19.

Electric Vehicle Market Declined in 2020 But There's Still Good News, Says Beroe Inc.

Retrieved on: 
Thursday, March 18, 2021
Electric vehicles, Electric vehicle, Sustainable transport, Green vehicles, Vehicle leasing, Vehicles, Finance, Electric vehicle industry in India, Electric car use by country

The fleet management companies and car leasing companies are steadily increasing their dependency on electric vehicles as large MNCs have started framing electric vehicle policies.

Key Points: 
  • The fleet management companies and car leasing companies are steadily increasing their dependency on electric vehicles as large MNCs have started framing electric vehicle policies.
  • When it comes to Europe, sustainability, and reduction in vehicle CO2 emission are driving electric vehicle sales.
  • However, owing to the increased adoption of electric vehicles among corporates in Europe, the market grew up to 44 percent.
  • In the first half of 2020, the light vehicle market declined by 28 percent due to the impact of COVID-19.

EVmo, Inc formerly YayYo, Inc, announces a Fleet Acquisition of Tesla Vehicles

Retrieved on: 
Wednesday, March 10, 2021
Electric vehicle, Sustainable transport, Sustainable technologies, Battery electric vehicles, Transport, Sustainable development, Environmental technology, Electric car use by country, Electric car

Tesla is an obvious choice and we are excited to be one of the first Tesla rideshare fleet partners in the US that will deploy electric vehicles rather than gasoline-powered vehicles, for services like Uber and Lyft.

Key Points: 
  • Tesla is an obvious choice and we are excited to be one of the first Tesla rideshare fleet partners in the US that will deploy electric vehicles rather than gasoline-powered vehicles, for services like Uber and Lyft.
  • There are a small number of electric vehicles used by drivers, yet electric vehicle adoption is on the rise.
  • In recent press, rideshare companies and carmakers are increasing the number of electric vehicles used in the transportation industry.
  • But its Tesla that is the unparalleled EV market leader in the world that makes the product such an excellent strategic choice.

United States Electric Commercial Vehicle Market Report 2021: Medium/Heavy-Duty truck and Bus Markets to Recover Following a Major Dip in 2020 Due to COVID-19

Retrieved on: 
Friday, March 5, 2021
Electric vehicles, Battery electric vehicles, Green vehicles, Transport, Electric truck, Charging station, Electric bus, Truck, Sustainable technologies, Electric vehicle conversion, Electric car use by country, Electric vehicle

However, the crisis is forecast to have a relatively lower impact on the electric truck and bus markets.

Key Points: 
  • However, the crisis is forecast to have a relatively lower impact on the electric truck and bus markets.
  • The electric bus segment shows a slight decline, whereas the electric truck market reflects a slight increase.
  • The electric commercial vehicle market also faces serious competition from alternative fuel-powered vehicles, which are gaining prominence.
  • 2019 Market Snapshot - Electric Trucks: Electric Commercial Vehicle Market
    Sales by Model and OEM - Electric Trucks: Electric Commercial Vehicle Market
    2019 Market Snapshot - Electric Buses: Electric Commercial Vehicle Market
    Sales by Model and OEM - Electric Buses: Electric Commercial Vehicle Market
    Charging Stations - Demand Forecast by Charging Type and Region: Electric Commercial Vehicle Market