Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Electric Vehicles Market

Electric Vehicles (EV) Market 2018 is latest research report by MarketResearchFuture, the
global Electric Vehicles (EV) market is expected to Register High Growth Rate during 2018 To
2023. Report analyzes Electric Vehicles (EV) Market Key Companies with Size, Share, Trends
analysis, and Key Country Forecast to 2023. Electric Vehicles (EV) Market Information is
segmented by Technology (Battery Electric Vehicles (EV), Hybrid Electric Vehicles (EV) and Plug-
In Hybrid Electric Vehicles (EV)), By Vehicle Type (Passenger Cars, Commercial Vehicles and Two
Wheelers), and By Region - Forecast To 2023
Competitive Analysis
The global Electric Vehicles (EV) market is highly competitive. Various leading automotive
players are entering into the Electric Vehicles (EV) market to capitalize on the lucrative business
opportunities that the market offers and expanding the business. The key players functioning in
the market include Nissan Motor Company, Toyota Motor Corporation, Volkswagen, General
Motors, Hyundai Motor Company, Tesla Inc, Ford Motor Company, BMW, Daimler AG, and
Mitsubishi Motors Corporation among others.
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The global Electric Vehicles (EV) (EV) market has witnessed exponential growth over the years,
and the market was valued at USD 106.5 Bn in 2016 and is expected to grow at a significant
CAGR of 18.96 % and double its revenue to USD 356.5 Bn over the forecast period of 2015-
2023, reveals a research report by Market Research Future (MRFR). The electronic vehicle's
market appears to be promising, and a number of factors are helping to shape up the market
growth. The growth in the Electric Vehicles (EV) market is primarily driven by a rise in fuel prices
and a surge in demand for Electric Vehicles (EV) due to the increasing popularity of Electric
Vehicles (EV). The increase in demand for passenger cars coupled with a rise in personal car
ownership lays a favorable situation for market growth. The cost of operation of Electric
Vehicles (EV) is much less compared to that of conventional vehicles. Additionally, auto-
manufacturers worldwide are entering into new emerging markets to expand their product
portfolio. Regulations pertaining to CO2 emission standards and anti-pollution movements are
supporting the growth of the market. Rising government initiatives are playing a vital role in