Global Electric Vehicles and Fuel Cell Vehicles Market by Size, by Type, by Application, by Region, History and Forecast 2020-2031

Summary

Electric Vehicles and Fuel Cell Vehicles offer a cleaner alternative to internal combustion engines, and both use electric motors powered by electrochemical devices. Electric vehicles use energy stored in a battery, whereas fuel cell vehicles have stored fuel that reacts to produce energy.

According to APO Research, The global Electric Vehicles and Fuel Cell Vehicles market is projected to grow from US$ million in 2025 to US$ million by 2031, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The US & Canada market for Electric Vehicles and Fuel Cell Vehicles is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for Electric Vehicles and Fuel Cell Vehicles is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The China market for Electric Vehicles and Fuel Cell Vehicles is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for Electric Vehicles and Fuel Cell Vehicles is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global manufacturers of Electric Vehicles and Fuel Cell Vehicles include Tesla, SAIC, Volkswagen, BMW, BYD, Hyundai & Kia, Mercedes-Benz, Renault and VOLVO, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

In terms of production side, this report researches the Electric Vehicles and Fuel Cell Vehicles production, growth rate, market share by manufacturers and by region (region level and country level), from 2020 to 2025, and forecast to 2031.

In terms of consumption side, this report focuses on the sales of Electric Vehicles and Fuel Cell Vehicles by region (region level and country level), by company, by type and by application. from 2020 to 2025 and forecast to 2031.

This report presents an overview of global market for Electric Vehicles and Fuel Cell Vehicles, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2020 - 2024, estimates for 2025, and projections of CAGR through 2031.

This report researches the key producers of Electric Vehicles and Fuel Cell Vehicles, also provides the consumption of main regions and countries. Of the upcoming market potential for Electric Vehicles and Fuel Cell Vehicles, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Electric Vehicles and Fuel Cell Vehicles sales, revenue, market share and industry ranking of main manufacturers, data from 2020 to 2025. Identification of the major stakeholders in the global Electric Vehicles and Fuel Cell Vehicles market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by type and by application, sales, revenue, and price, from 2020 to 2031. Evaluation and forecast the market size for Electric Vehicles and Fuel Cell Vehicles sales, projected growth trends, production technology, application and end-user industry.

Electric Vehicles and Fuel Cell Vehicles Segment by Company

Tesla
SAIC
Volkswagen
BMW
BYD
Hyundai & Kia
Mercedes-Benz
Renault
VOLVO
GAC Motor
PSA
GEELY
Nissan
Great Wall Motors
TOYOTA
JAC
Chery
Mitsubishi
BAIC

Electric Vehicles and Fuel Cell Vehicles Segment by Type

BEV
PHEV

Electric Vehicles and Fuel Cell Vehicles Segment by Application

Home Use
Commercial Use

Electric Vehicles and Fuel Cell Vehicles Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Electric Vehicles and Fuel Cell Vehicles market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Electric Vehicles and Fuel Cell Vehicles and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Electric Vehicles and Fuel Cell Vehicles.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Provides an overview of the Electric Vehicles and Fuel Cell Vehicles market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2020-2031).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Electric Vehicles and Fuel Cell Vehicles industry.
Chapter 3: Detailed analysis of Electric Vehicles and Fuel Cell Vehicles market competition landscape. Including Electric Vehicles and Fuel Cell Vehicles manufacturers' output value, output and average price from 2020 to 2025, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Electric Vehicles and Fuel Cell Vehicles by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Electric Vehicles and Fuel Cell Vehicles in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.

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1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Electric Vehicles and Fuel Cell Vehicles Production Value Estimates and Forecasts (2020-2031)
1.2.2 Global Electric Vehicles and Fuel Cell Vehicles Production Capacity Estimates and Forecasts (2020-2031)
1.2.3 Global Electric Vehicles and Fuel Cell Vehicles Production Estimates and Forecasts (2020-2031)
1.2.4 Global Electric Vehicles and Fuel Cell Vehicles Market Average Price (2020-2031)
1.3 Assumptions and Limitations
1.4 Study Goals and Objectives
2 Global Electric Vehicles and Fuel Cell Vehicles Market Dynamics
2.1 Electric Vehicles and Fuel Cell Vehicles Industry Trends
2.2 Electric Vehicles and Fuel Cell Vehicles Industry Drivers
2.3 Electric Vehicles and Fuel Cell Vehicles Industry Opportunities and Challenges
2.4 Electric Vehicles and Fuel Cell Vehicles Industry Restraints
3 Electric Vehicles and Fuel Cell Vehicles Market by Manufacturers
3.1 Global Electric Vehicles and Fuel Cell Vehicles Production Value by Manufacturers (2020-2025)
3.2 Global Electric Vehicles and Fuel Cell Vehicles Production by Manufacturers (2020-2025)
3.3 Global Electric Vehicles and Fuel Cell Vehicles Average Price by Manufacturers (2020-2025)
3.4 Global Electric Vehicles and Fuel Cell Vehicles Industry Manufacturers Ranking, 2023 VS 2024 VS 2025
3.5 Global Electric Vehicles and Fuel Cell Vehicles Key Manufacturers Manufacturing Sites & Headquarters
3.6 Global Electric Vehicles and Fuel Cell Vehicles Manufacturers, Product Type & Application
3.7 Global Electric Vehicles and Fuel Cell Vehicles Manufacturers Established Date
3.8 Market Competitive Analysis
3.8.1 Global Electric Vehicles and Fuel Cell Vehicles Market CR5 and HHI
3.8.2 Global Top 5 and 10 Electric Vehicles and Fuel Cell Vehicles Players Market Share by Production Value in 2024
3.8.3 2024 Electric Vehicles and Fuel Cell Vehicles Tier 1, Tier 2, and Tier 3
4 Electric Vehicles and Fuel Cell Vehicles Market by Type
4.1 Electric Vehicles and Fuel Cell Vehicles Type Introduction
4.1.1 BEV
4.1.2 PHEV
4.2 Global Electric Vehicles and Fuel Cell Vehicles Production by Type
4.2.1 Global Electric Vehicles and Fuel Cell Vehicles Production by Type (2020 VS 2024 VS 2031)
4.2.2 Global Electric Vehicles and Fuel Cell Vehicles Production by Type (2020-2031)
4.2.3 Global Electric Vehicles and Fuel Cell Vehicles Production Market Share by Type (2020-2031)
4.3 Global Electric Vehicles and Fuel Cell Vehicles Production Value by Type
4.3.1 Global Electric Vehicles and Fuel Cell Vehicles Production Value by Type (2020 VS 2024 VS 2031)
4.3.2 Global Electric Vehicles and Fuel Cell Vehicles Production Value by Type (2020-2031)
4.3.3 Global Electric Vehicles and Fuel Cell Vehicles Production Value Market Share by Type (2020-2031)
5 Electric Vehicles and Fuel Cell Vehicles Market by Application
5.1 Electric Vehicles and Fuel Cell Vehicles Application Introduction
5.1.1 Home Use
5.1.2 Commercial Use
5.2 Global Electric Vehicles and Fuel Cell Vehicles Production by Application
5.2.1 Global Electric Vehicles and Fuel Cell Vehicles Production by Application (2020 VS 2024 VS 2031)
5.2.2 Global Electric Vehicles and Fuel Cell Vehicles Production by Application (2020-2031)
5.2.3 Global Electric Vehicles and Fuel Cell Vehicles Production Market Share by Application (2020-2031)
5.3 Global Electric Vehicles and Fuel Cell Vehicles Production Value by Application
5.3.1 Global Electric Vehicles and Fuel Cell Vehicles Production Value by Application (2020 VS 2024 VS 2031)
5.3.2 Global Electric Vehicles and Fuel Cell Vehicles Production Value by Application (2020-2031)
5.3.3 Global Electric Vehicles and Fuel Cell Vehicles Production Value Market Share by Application (2020-2031)
6 Company Profiles
6.1 Tesla
6.1.1 Tesla Comapny Information
6.1.2 Tesla Business Overview
6.1.3 Tesla Electric Vehicles and Fuel Cell Vehicles Production, Value and Gross Margin (2020-2025)
6.1.4 Tesla Electric Vehicles and Fuel Cell Vehicles Product Portfolio
6.1.5 Tesla Recent Developments
6.2 SAIC
6.2.1 SAIC Comapny Information
6.2.2 SAIC Business Overview
6.2.3 SAIC Electric Vehicles and Fuel Cell Vehicles Production, Value and Gross Margin (2020-2025)
6.2.4 SAIC Electric Vehicles and Fuel Cell Vehicles Product Portfolio
6.2.5 SAIC Recent Developments
6.3 Volkswagen
6.3.1 Volkswagen Comapny Information
6.3.2 Volkswagen Business Overview
6.3.3 Volkswagen Electric Vehicles and Fuel Cell Vehicles Production, Value and Gross Margin (2020-2025)
6.3.4 Volkswagen Electric Vehicles and Fuel Cell Vehicles Product Portfolio
6.3.5 Volkswagen Recent Developments
6.4 BMW
6.4.1 BMW Comapny Information
6.4.2 BMW Business Overview
6.4.3 BMW Electric Vehicles and Fuel Cell Vehicles Production, Value and Gross Margin (2020-2025)
6.4.4 BMW Electric Vehicles and Fuel Cell Vehicles Product Portfolio
6.4.5 BMW Recent Developments
6.5 BYD
6.5.1 BYD Comapny Information
6.5.2 BYD Business Overview
6.5.3 BYD Electric Vehicles and Fuel Cell Vehicles Production, Value and Gross Margin (2020-2025)
6.5.4 BYD Electric Vehicles and Fuel Cell Vehicles Product Portfolio
6.5.5 BYD Recent Developments
6.6 Hyundai & Kia
6.6.1 Hyundai & Kia Comapny Information
6.6.2 Hyundai & Kia Business Overview
6.6.3 Hyundai & Kia Electric Vehicles and Fuel Cell Vehicles Production, Value and Gross Margin (2020-2025)
6.6.4 Hyundai & Kia Electric Vehicles and Fuel Cell Vehicles Product Portfolio
6.6.5 Hyundai & Kia Recent Developments
6.7 Mercedes-Benz
6.7.1 Mercedes-Benz Comapny Information
6.7.2 Mercedes-Benz Business Overview
6.7.3 Mercedes-Benz Electric Vehicles and Fuel Cell Vehicles Production, Value and Gross Margin (2020-2025)
6.7.4 Mercedes-Benz Electric Vehicles and Fuel Cell Vehicles Product Portfolio
6.7.5 Mercedes-Benz Recent Developments
6.8 Renault
6.8.1 Renault Comapny Information
6.8.2 Renault Business Overview
6.8.3 Renault Electric Vehicles and Fuel Cell Vehicles Production, Value and Gross Margin (2020-2025)
6.8.4 Renault Electric Vehicles and Fuel Cell Vehicles Product Portfolio
6.8.5 Renault Recent Developments
6.9 VOLVO
6.9.1 VOLVO Comapny Information
6.9.2 VOLVO Business Overview
6.9.3 VOLVO Electric Vehicles and Fuel Cell Vehicles Production, Value and Gross Margin (2020-2025)
6.9.4 VOLVO Electric Vehicles and Fuel Cell Vehicles Product Portfolio
6.9.5 VOLVO Recent Developments
6.10 GAC Motor
6.10.1 GAC Motor Comapny Information
6.10.2 GAC Motor Business Overview
6.10.3 GAC Motor Electric Vehicles and Fuel Cell Vehicles Production, Value and Gross Margin (2020-2025)
6.10.4 GAC Motor Electric Vehicles and Fuel Cell Vehicles Product Portfolio
6.10.5 GAC Motor Recent Developments
6.11 PSA
6.11.1 PSA Comapny Information
6.11.2 PSA Business Overview
6.11.3 PSA Electric Vehicles and Fuel Cell Vehicles Production, Value and Gross Margin (2020-2025)
6.11.4 PSA Electric Vehicles and Fuel Cell Vehicles Product Portfolio
6.11.5 PSA Recent Developments
6.12 GEELY
6.12.1 GEELY Comapny Information
6.12.2 GEELY Business Overview
6.12.3 GEELY Electric Vehicles and Fuel Cell Vehicles Production, Value and Gross Margin (2020-2025)
6.12.4 GEELY Electric Vehicles and Fuel Cell Vehicles Product Portfolio
6.12.5 GEELY Recent Developments
6.13 Nissan
6.13.1 Nissan Comapny Information
6.13.2 Nissan Business Overview
6.13.3 Nissan Electric Vehicles and Fuel Cell Vehicles Production, Value and Gross Margin (2020-2025)
6.13.4 Nissan Electric Vehicles and Fuel Cell Vehicles Product Portfolio
6.13.5 Nissan Recent Developments
6.14 Great Wall Motors
6.14.1 Great Wall Motors Comapny Information
6.14.2 Great Wall Motors Business Overview
6.14.3 Great Wall Motors Electric Vehicles and Fuel Cell Vehicles Production, Value and Gross Margin (2020-2025)
6.14.4 Great Wall Motors Electric Vehicles and Fuel Cell Vehicles Product Portfolio
6.14.5 Great Wall Motors Recent Developments
6.15 TOYOTA
6.15.1 TOYOTA Comapny Information
6.15.2 TOYOTA Business Overview
6.15.3 TOYOTA Electric Vehicles and Fuel Cell Vehicles Production, Value and Gross Margin (2020-2025)
6.15.4 TOYOTA Electric Vehicles and Fuel Cell Vehicles Product Portfolio
6.15.5 TOYOTA Recent Developments
6.16 JAC
6.16.1 JAC Comapny Information
6.16.2 JAC Business Overview
6.16.3 JAC Electric Vehicles and Fuel Cell Vehicles Production, Value and Gross Margin (2020-2025)
6.16.4 JAC Electric Vehicles and Fuel Cell Vehicles Product Portfolio
6.16.5 JAC Recent Developments
6.17 Chery
6.17.1 Chery Comapny Information
6.17.2 Chery Business Overview
6.17.3 Chery Electric Vehicles and Fuel Cell Vehicles Production, Value and Gross Margin (2020-2025)
6.17.4 Chery Electric Vehicles and Fuel Cell Vehicles Product Portfolio
6.17.5 Chery Recent Developments
6.18 Mitsubishi
6.18.1 Mitsubishi Comapny Information
6.18.2 Mitsubishi Business Overview
6.18.3 Mitsubishi Electric Vehicles and Fuel Cell Vehicles Production, Value and Gross Margin (2020-2025)
6.18.4 Mitsubishi Electric Vehicles and Fuel Cell Vehicles Product Portfolio
6.18.5 Mitsubishi Recent Developments
6.19 BAIC
6.19.1 BAIC Comapny Information
6.19.2 BAIC Business Overview
6.19.3 BAIC Electric Vehicles and Fuel Cell Vehicles Production, Value and Gross Margin (2020-2025)
6.19.4 BAIC Electric Vehicles and Fuel Cell Vehicles Product Portfolio
6.19.5 BAIC Recent Developments
7 Global Electric Vehicles and Fuel Cell Vehicles Production by Region
7.1 Global Electric Vehicles and Fuel Cell Vehicles Production by Region: 2020 VS 2024 VS 2031
7.2 Global Electric Vehicles and Fuel Cell Vehicles Production by Region (2020-2031)
7.2.1 Global Electric Vehicles and Fuel Cell Vehicles Production by Region: 2020-2025
7.2.2 Global Electric Vehicles and Fuel Cell Vehicles Production Forecast by Region: 2026-2031
7.3 Global Electric Vehicles and Fuel Cell Vehicles Production by Region: 2020 VS 2024 VS 2031
7.4 Global Electric Vehicles and Fuel Cell Vehicles Production Value by Region (2020-2031)
7.4.1 Global Electric Vehicles and Fuel Cell Vehicles Production Value by Region: 2020-2025
7.4.2 Global Electric Vehicles and Fuel Cell Vehicles Production Value by Region (2026-2031)
7.5 Global Electric Vehicles and Fuel Cell Vehicles Market Price Analysis by Region (2020-2031)
7.6 Regional Production Value Trends (2020-2031)
7.6.1 North America Electric Vehicles and Fuel Cell Vehicles Production Value (2020-2031)
7.6.2 Europe Electric Vehicles and Fuel Cell Vehicles Production Value (2020-2031)
7.6.3 Asia-Pacific Electric Vehicles and Fuel Cell Vehicles Production Value (2020-2031)
7.6.4 South America Electric Vehicles and Fuel Cell Vehicles Production Value (2020-2031)
7.6.5 Middle East & Africa Electric Vehicles and Fuel Cell Vehicles Production Value (2020-2031)
8 Global Electric Vehicles and Fuel Cell Vehicles Consumption by Region
8.1 Global Electric Vehicles and Fuel Cell Vehicles Consumption by Region: 2020 VS 2024 VS 2031
8.2 Global Electric Vehicles and Fuel Cell Vehicles Consumption by Region (2020-2031)
8.2.1 Global Electric Vehicles and Fuel Cell Vehicles Consumption by Region (2020-2025)
8.2.2 Global Electric Vehicles and Fuel Cell Vehicles Consumption by Region (2026-2031)
8.3 North America
8.3.1 North America Electric Vehicles and Fuel Cell Vehicles Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.3.2 North America Electric Vehicles and Fuel Cell Vehicles Consumption by Country (2020-2031)
8.3.3 U.S.
8.3.4 Canada
8.3.5 Mexico
8.4 Europe
8.4.1 Europe Electric Vehicles and Fuel Cell Vehicles Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.4.2 Europe Electric Vehicles and Fuel Cell Vehicles Consumption by Country (2020-2031)
8.4.3 Germany
8.4.4 France
8.4.5 U.K.
8.4.6 Italy
8.4.7 Netherlands
8.5 Asia Pacific
8.5.1 Asia Pacific Electric Vehicles and Fuel Cell Vehicles Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.5.2 Asia Pacific Electric Vehicles and Fuel Cell Vehicles Consumption by Country (2020-2031)
8.5.3 China
8.5.4 Japan
8.5.5 South Korea
8.5.6 Southeast Asia
8.5.7 India
8.5.8 Australia
8.6 South America
8.6.1 South America Electric Vehicles and Fuel Cell Vehicles Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.6.2 South America Electric Vehicles and Fuel Cell Vehicles Consumption by Country (2020-2031)
8.6.3 Brazil
8.6.4 Argentina
8.6.5 Chile
8.6.6 Colombia
8.7 Middle East & Africa
8.7.1 Middle East & Africa Electric Vehicles and Fuel Cell Vehicles Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.7.2 Middle East & Africa Electric Vehicles and Fuel Cell Vehicles Consumption by Country (2020-2031)
8.7.3 Egypt
8.7.4 South Africa
8.7.5 Israel
8.7.6 Türkiye
8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
9.1 Electric Vehicles and Fuel Cell Vehicles Value Chain Analysis
9.1.1 Electric Vehicles and Fuel Cell Vehicles Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Manufacturing Cost Structure
9.1.4 Electric Vehicles and Fuel Cell Vehicles Production Mode & Process
9.2 Electric Vehicles and Fuel Cell Vehicles Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Electric Vehicles and Fuel Cell Vehicles Distributors
9.2.3 Electric Vehicles and Fuel Cell Vehicles Customers
10 Concluding Insights
11 Appendix
11.1 Reasons for Doing This Study
11.2 Research Methodology
11.3 Research Process
11.4 Authors List of This Report
11.5 Data Source
11.5.1 Secondary Sources
11.5.2 Primary Sources
11.6 Disclaimer

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