Electric Vehicles ( EV ) Market Share , Size , Trends , Growth , Industry Analysis and Forecast to 2020 | Hexa Research
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Electric Vehicles ( EV ) Market Share , Size , Trends , Growth , Industry Analysis and Forecast to 2020 | Hexa Research
" The electric vehicles ( EV ) market has seen significant development owing to required for resolving future energy resources ."
With increase in demand of enhanced fuel economy and rising fuel prices in vehicle are anticipated to drive vehicle electrification Industry growth globally . Stringent government policies on harmful emissions from Carbon dioxide and rise in pollution are driving the electrification industry from past few years .
The electric vehicles ( EV ) market is likely to experience high growth due to rising requirement for electric systems in tax exemptions , vehicles and subsidies by the government with increase in diesel and petrol prices . Major Products in Electric vehicles market are Electric power steering , electric water pump , thermoelectric generator , electric oil pump , electric vacuum pump , electric mobile phone charger and liquid heater PTC .
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