The report “Electric Vehicle (EV) and Electric Vehicle (EV) Infrastructure Market by Vehicle Type (Passenger Cars, Commercial Vehicle), Charging Station (Normal, Super), Propulsion Type (BEV, PHEV, FCEV) — Global Forecast to 2030” estimates the market size to reach 3.5 million units in 2020. The growth of the EV and EV infrastructure market is primarily fueled by strong government commitments to reducing air pollution through favorable policies, tax incentives, and subsidies. Furthermore, technological advancements are leading to significant cost reductions, making electric vehicles more affordable, especially for individuals in the lower sections of society in developing countries.
Key factors enabling this growth include advancements in battery chemistry, redesigning of vehicle manufacturing platforms, and the utilization of big data for developing more efficient batteries. These developments are not only driving the market but also contributing to the sustainability and accessibility of electric vehicles for a wider range of consumers.
About VynZ Research:
VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. VynZ has a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies.
Contact Us:
Address: H.O — 9591 Fontainebleau Blvd. 617 Miami Florida 33172 U.S.A
Phone: +91 9960 288 381
Toll Free:1 888 253 3960
Email: marketing@vynzresearch.com
Website: www.vynzresearch.com
No comments:
Post a Comment