FMI Research Report and Overview on Electric Vehicle P | Page 7

Electric Vehicle Plastics Market

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Electric vehicle plastics market can be segmented into vehicle types which includes, Battery Electric Vehicle( BEV), Hybrid Electric Vehicle( HEV), Plug-in hybrid Electric Vehicle( PHEV), wherein BEV type is expected to contribute majorly to the electric vehicle plastics market over the forecast period. BEV manufacturing requires the maximum amount of plastic materials owing to the need for making the vehicle light-weighted and increase the range of the vehicle which, thereby fuels up the demand for
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