Global Electric Vehicles (EVs) Supply, Demand and Key Producers, 2023-2029

Global Electric Vehicles (EVs) Supply, Demand and Key Producers, 2023-2029

The global Electric Vehicles (EVs) market size is expected to reach $ 625760 million by 2029, rising at a market growth of 14.2% CAGR during the forecast period (2023-2029).

Global key players of Electric Vehicles (EVs) include Tesla, BYD, BMW, Volkswagen, etc. The top four players hold a share over 50%. China is the largest production region, has a share about 53%, followed by Europe, with share 35%. In terms of product type, BEV is the largest segment, occupied for a share of 65%, and in terms of application, Home Use has a share about 75%.

EVs are vehicles that are either partially or fully powered on electric power. Electric vehicles have low running costs as they have less moving parts for maintaining and also very environmentally friendly as they use little or no fossil fuels (petrol or diesel).

Plug-in hybrid electric vehicles (PHEVs) use batteries to power an electric motor and another fuel, such as gasoline, to power an internal combustion engine (ICE). PHEV batteries can be charged using a wall outlet or charging equipment, by the ICE, or through regenerative braking. The vehicle typically runs on electric power until the battery is nearly depleted, and then the car automatically switches over to use the ICE

This report studies the global Electric Vehicles (EVs) production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Electric Vehicles (EVs), and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Electric Vehicles (EVs) that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Electric Vehicles (EVs) total production and demand, 2018-2029, (K Units)

Global Electric Vehicles (EVs) total production value, 2018-2029, (USD Million)

Global Electric Vehicles (EVs) production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Units)

Global Electric Vehicles (EVs) consumption by region & country, CAGR, 2018-2029 & (K Units)

U.S. VS China: Electric Vehicles (EVs) domestic production, consumption, key domestic manufacturers and share

Global Electric Vehicles (EVs) production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Units)

Global Electric Vehicles (EVs) production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K Units)

Global Electric Vehicles (EVs) production by Application production, value, CAGR, 2018-2029, (USD Million) & (K Units)

This reports profiles key players in the global Electric Vehicles (EVs) market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Tesla, BYD, BMW, Volkswagen, Mercedes-Benz, Stellantis, VOLVO, Hyundai & Kia and Renault, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Electric Vehicles (EVs) market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Electric Vehicles (EVs) Market, By Region:

United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Electric Vehicles (EVs) Market, Segmentation by Type

BEV
PHEV

Global Electric Vehicles (EVs) Market, Segmentation by Application

Home Use
Commercial Use

Companies Profiled:
Tesla
BYD
BMW
Volkswagen
Mercedes-Benz
Stellantis
VOLVO
Hyundai & Kia
Renault
SAIC
Ford
NIO
ONE
XPeng
TOYOTA
GAC Motor
JAC
Nissan
Great Wall Motors
Chery
GEELY

Key Questions Answered

1. How big is the global Electric Vehicles (EVs) market?

2. What is the demand of the global Electric Vehicles (EVs) market?

3. What is the year over year growth of the global Electric Vehicles (EVs) market?

4. What is the production and production value of the global Electric Vehicles (EVs) market?

5. Who are the key producers in the global Electric Vehicles (EVs) market?

6. What are the growth factors driving the market demand?