Electric Vehicle Market by Component, Vehicle Type, Vehicle Class, Propulsion (BEV, PHEV, FCEV), Vehicle Drive Type (FWD, RWD, AWD), E/E Architecture, Top Speed, Charging Point Type, Vehicle Connectivity, End Use, & Region - Global Forecast 2030

Electric Vehicle Market by Component, Vehicle Type, Vehicle Class, Propulsion (BEV, PHEV, FCEV), Vehicle Drive Type (FWD, RWD, AWD), E/E Architecture, Top Speed, Charging Point Type, Vehicle Connectivity, End Use, & Region - Global Forecast 2030

The global electric vehicles market is projected to grow from USD 396.4 Billion in 2024 to USD 620.3 Billion by 2030, registering a CAGR of 7.7%. The global electric vehicle (EV) market has well developed over the years due to several factors. Emerging environmental consciousness for air pollution and greenhouse gas emissions, among others, has led the governments across the globe to put supportive policies, which involve subsidies, tax exemptions, and stringent emission standards, in favor of electric transport. There have been recent advances in battery technology, especially high-capacity, fast-charging batteries that make EVs more usable over a reasonable range, thus allowing consumer adoption where they help to manage congestion and pollution. Altogether these factors have led to the growth of a global and active market of EV that has gradually witnessed the growth of consumer demand and provisions for electric vehicles.

“Supportive government regulations and subsidies to drive market.”

The passenger car segment is the largest by vehicle type and mainly comprises sedans, hatchbacks, station wagons and SUVs/MUVs and other car types. Passenger car segment is ideal for the EVs since it remains the biggest segment of the automotive industry. Thus, it is increasing at a higher growth rate in the emerging economy of the Asia Pacific region because of the increasing GDP and population, the enhancement in people’s living standards, enhanced purchasing power of the consumers, and the advancement of the structure in the Asia Pacific region in combination with support from government policies in countries like China, Japan, and South Korea targetting the reduction in zero emission vehicles.

Because of various alternatives, sophisticated technologies, increased client knowledge and government incentives, electric passenger cars are the most preferred division which is also having greatest predicted CAGR. Major players in this area are behemoths such as BYD, Tesla, Volkswagen and more with the best selling models for 2023 being the Tesla Model Y, BYD Song and Wuling HongGuang Mini EV.

Countries like China exhibit a short waiting time for EVs compared to ICE vehicles. Forcing of emission norms is on the rise and therefore EU Member States have put forward the goal of reducing emissions by 2030-2035. The US government has strategies targeting a 50% electricization of its running fleets by the year 2030.

“Rising demand for high-performance electric vehicles to drive market.”

The EV markets of Europe and North America are being led by high-end vehicles having the largest battery capacities, longest ranges, quickest acceleration times, and highest top speeds. These are some of the costliest cars on the road today consisting of a plethora of mid-range electric models. Some of the traditional car makers such as Tesla, Volvo, Mercedes Benz, BMW and Volkswagen and specialized EV makers in this segment make to segment vehicles. Some of the global high performance electric vehicles are Mercedes-AMG EQS, Porsche Taycan Turbo S, Audi RS e-tron GT, and among others. Most of these EVs are in the category of luxury EVs and hyper-cars. At the Beijing Auto Show in April 2024, Geely showcased it new PHEV flagship SUV Geely Galaxy Starship with the top speed of around 146 MPH. The >125 mph segment is primarily dominated by the Asia Pacific region which appears to have more demand for premium cars electric vehicles. Some of the world's leading markets for these vehicles are China, Japan Germany and France with many regional Manufacturers. North America also shows an increasing trend for higher speed electric vehicles. Customers are seeking such vehicles as well as their enhanced functions, which consist of improved acceleration. A car that can be leased/acquired from Tesla includes the Tesla Model S Plaid that has a maximum speed of ~ 204 mph.

“Improved range and battery efficiency to drive market.”

The mid-power EVs are positioned at an important class within the automotive industry, which is between the affordable products and the improved characteristics. Sitting between Economy and Premium models, mid-range of charging is for those buyers who are not looking for cheap cars but rather a good value car with efficiency, advanced technologies and comfort incorporated to their electric vehicles. These vehicles are available for roughly between $30000 to $45000 for persons seeking better capabilities and refined ride. Another profound feature is that mid-priced EVs have longer ranges and better batteries as compared to the low-priced ones. Manufacturers are incorporating larger batteries and better ways of transfering power to cover more distance in a single charge. This makes them possible to use for daily usage and also for longer road trips and this eliminates the biggest hindrance that a lot of people have about EVs-range anxiety. Also, mid-priced EVs often come with faster charging options, which means less time is spent charging the car and more is spent driving it, which is a big plus for owners. Hyundai, General Motors, Honda, Nissan among other extensively developed car producers are also producing mid-priced EVs to gain better market shares. Other mid-priced EVs are BMW 3 Series PHEV, Zeekr One, Ford Mustang Mach-E, Volvo XC40, Renault Megane EV, Hyundai Ioniq 5, Volkswagen ID-4, Kia Niro EV.

“Stricter emission regulations to drive market.”

The market for BEVs has been on the rise following several critical factors that are pushing towards making their use more rife in the society. This is due to growing awareness to environment degradations such as climate change and air pollution in the current society. BEVS do not emit any exhaust pipe pollutants and thus could be seen as an answer to cutting down GHG and enhancing IAQ. Customers globally are forcing governments to set high emission standards while simultaneously promoting EVs through tax credit, rebates and subsidies. Also, more and more communities are implementing low-emission zones and encouraging the adoption of efficient means of transport, which will also spur BEV sales.

Other factors contributing to the growth of the BEV market have also been improvements in battery technology thanks to exploitations in technology. Advancements pertaining to battery improvements, costs, and charging times have made the use of BEVs a more practical and feasible solution for customers. Among the solutions, efforts of various stations for charging the cars and installation of superchargers eliminated the issue of range anxiety and made the car operation more comfortable. Moreover, the automotive industry’s transition to electrification with car manufacturers and brands focusing on EV production and launching new appealing BEV models has also broadened the range meeting demand and choice requirements of consumers. Such factors as nature friendliness, increasing customer knowledge and awareness, and desirable perceptions towards BEVs are factors that have contributed to the growth of the BEV market.

Segmented into sedans, SUVs and hatchbacks (to mention but a few), BEVs are available in various segments with OEMs indeed introducing electric models more frequently owing to the growing demand for them. There exists a number of leading global EV manufacturers such as Tesla, BYD, Volkswagen AG, SAIC Motors among others like Geely-Volvo or Stellantis. At the same time, Nissan and others including Toyota and General Motors also remain as close competitors. In April 2024, it was Tesla that introduced its updated Model 3 Performance with maximum speed of 163 mph (263 km/h) with rear-wheel drive transmission system only.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.

By Company Type: OEMs – 30%, Tier I – 60%, Tier II & III – 10%,

By Designation: CXOs – 35%, Managers– 50%, Executives– 15%

By Region: North America– 20%, Europe – 20%, Asia Pacific– 50% and Middle East & Africa – 10%

The electric vehicle market is dominated by global players such as BYD (China), Tesla (US), Volkswagen AG (Germany), Geely-Volvo (China) and SAIC Motors (China). These companies manufacture and develop new technologies in electric vehicle market. For instance, in May 2024, BYD launched the e-Platform 3.0 Evo, an upgraded version of its battery electric vehicle (BEV) model platform, as well as the first model based on the new platform, the Sea Lion 07 EV. Additionally, in May 2024, Volkswagen partnered with SAIC Motor for its premium brand Audi to develop a new China-specific platform for intelligent and electric vehicles. BYD has adopted strategies such as product developments and deals, whereas Volkswagen has expaned in new region to gain traction in the market. In February 2024, BYD, and the Emil Frey Group, have agreed on a partnership to distribute and sell BYD’s range of innovative electric vehicles in Switzerland and Liechtenstein. Additionally, in April 2024, Volkswagen announced plans to invest USD 210 million to upgrade and modernize its Kariega, South Africa plant to support the production of a new SUV-type model starting in 2027.

Research Coverage:

The market study covers the electric vehicle market size and future growth potential across different segments by component, vehicle type, vehicle class, propulsion, vehicle drive type, E/E architecture, top speed, charging point type, vehicle connectivity, end use and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of the Report

The report will help market leaders/new entrants in this market with information on the closest approximations of revenue numbers for the overall electric vehicle market and its subsegments.

This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.

The report also helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

Analysis of key drivers (Government incentives for electrification, Lower operating costs, Advancement in Battery Technology, Lower emissions), restraints (High upfront costs of electric vehicles, High initial investments for installing EV fast charging infrastructure, Battery Longevity and Replacement Costs), opportunities (Rapid Investment in charging infrastructure, Advancement in wireless EV charging technology for on-the-go charging, Use of EVs for fleets and commercial applications), and challenges (Longer Charging Time,Lack of standardization of EV charging infrastructure)

Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the electric vehicle market

Market Development: Comprehensive information about lucrative markets – the report analyses the electric vehicle market across varied regions.

Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the electric vehicle market

Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like BYD (China), Tesla (US), Volkswagen AG (Germany), Geely-Volvo (China), SAIC Motors (China), and among others in the electric vehicle market.

Strategies: The report also helps stakeholders understand the pulse of the electric commercial vehicle market and provides them information on key market drivers, restraints, challenges, and opportunities.

Tables List

Table 1 Electric Vehicle Market Definition, By Propulsion

Table 2 Electric Vehicle Market Definition, By Vehicle Type

Table 3 Electric Vehicle Market Definition, By Vehicle Drive Type

Table 4 Electric Vehicle Market Definition, By Vehicle Class

Table 5 Electric Vehicle Market Definition, By Vehicle Connectivity

Table 6 Electric Vehicle Market Definition, By Charging Point Type

Table 7 Electric Vehicle Market Definition, By Component

Table 8 Electric Vehicle Market Definition, By Vehicle Top Speed

Table 9 Electric Vehicle Market Definition, By End Use

Table 10 Electric Vehicle Market Definition, By E/E Architecture

Table 11 Electric Vehicle Market: Inclusions And Exclusions

Table 12 Currency Exchange Rates

Table 13 Innovation In Batteries By Key Manufacturers

Table 14 List Of Charging Stations For Electric Car, 2024

Table 15 List Of Electric Vehicles With Average Range

Table 16 Charging Point Operators

Table 17 Electric Fleet Commitments By Leading Companies

Table 18 Electric Vehicle Market: Impact Of Market Dynamics

Table 19 Existing And Upcoming Electric Vehicle Models, 2024–2026

Table 20 Annual Electric Cost Vs. Annual Gas Cost (2023)

Table 21 Electric Vehicle Market: Oem Targets And Investments

Table 22 Electric Vehicle Market: Role Of Companies In Ecosystem

Table 23 Influence Of Stakeholders On Buying Process For

Top 2 Vehicle Types (%)

Table 24 Electric Vehicle Market: Pricing Of Popular Electric

Vehicles (Us), 2023

Table 25 Average Selling Price Trend, By Vehicle Type, 2021–2023 (Usd)

Table 26 Average Selling Price Trend, By Region, 2022−2030 (Usd)

Table 27 Electric Vehicle Market: Key Conferences And Events, 2024–2025

Table 28 List Of Electric Vehicles With V2l

Table 29 Recent Developments In Solid-state Batteries

Table 30 Important Patent Registrations Related To Electric Vehicle Market

Table 31 Trade Data For Motor Vehicles In 2023 In Usd Thousand (Hs 8703)

Table 32 North America: Regulatory Bodies, Government Agencies,

And Other Organizations

Table 33 Europe: Regulatory Bodies, Government Agencies,

And Other Organizations

Table 34 Asia Pacific: Regulatory Bodies, Government Agencies,

And Other Organizations

Table 35 Netherlands: Electric Vehicle Incentives

Table 36 Netherlands: Electric Vehicle Charging Station Incentives

Table 37 Germany: Electric Vehicle Incentives

Table 38 Germany: Electric Vehicle Charging Station Incentives

Table 39 France: Electric Vehicle Incentives

Table 40 France: Electric Vehicle Charging Station Incentives

Table 41 Uk: Electric Vehicle Incentives

Table 42 Uk: Electric Vehicle Charging Station Incentives

Table 43 China: Electric Vehicle Incentives

Table 44 China: Electric Vehicle Charging Station Incentives

Table 45 Us: Electric Vehicle Incentives

Table 46 Us: Electric Vehicle Charging Station Incentives

Table 47 Austria: Electric Vehicle Incentives

Table 48 Electric Vehicle Market, By Vehicle Type, 2019–2023 (Thousand Units)

Table 49 Electric Vehicle Market, By Vehicle Type, 2024–2030 (Thousand Units)

Table 50 Top Global Electric Passenger Car Sales, By Model, 2023

Table 51 Upcoming Electric Passenger Car Models, 2024–2027

Table 52 Upcoming Electric Commercial Vehicles, 2024–2026

Table 53 Passenger Car: Electric Vehicle Market, By Region,

2019–2023 (Thousand Units)

Table 54 Passenger Car: Electric Vehicle Market, By Region,

2024–2030 (Thousand Units)

Table 55 Commercial Vehicle: Electric Vehicle Market, By Region,

2019–2023 (Thousand Units)

Table 56 Commercial Vehicle: Electric Vehicle Market, By Region,

2024–2030 (Thousand Units)

Table 57 Electric Vehicle Market, By Vehicle Top Speed,

2019–2023 (Thousand Units)

Table 58 Electric Vehicle Market, By Vehicle Top Speed,

2024–2030 (Thousand Units)

Table 59 Fastest Electric Cars

Table 60 <125 Mph Electric Vehicle Market, By Region,

2019–2023 (Thousand Units)

Table 61 <125 Mph Electric Vehicle Market, By Region,

2024–2030 (Thousand Units)

Table 62 >125 Mph Electric Vehicle Market, By Region,

2019–2023 (Thousand Units)

Table 63 >125 Mph Electric Vehicle Market, By Region,

2024–2030 (Thousand Units)

Table 64 Electric Vehicle Market, By Vehicle Drive Type,

2019–2023 (Thousand Units)

Table 65 Electric Vehicle Market, By Vehicle Drive Type,

2024–2030 (Thousand Units)

Table 66 Popular Electric Vehicles Worldwide, By Drive Type

Table 67 Electric Front-wheel Drive Vehicle Market, By Region,

2019–2023 (Thousand Units)

Table 68 Electric Front-wheel Drive Vehicle Market, By Region,

2024–2030 (Thousand Units)

Table 69 Electric Rear-wheel Drive Vehicle Market, By Region,

2019–2023 (Thousand Units)

Table 70 Electric Rear-wheel Drive Vehicle Market, By Region,

2024–2030 (Thousand Units)

Table 71 Electric All-wheel Drive Vehicle Market, By Region,

2019–2023 (Thousand Units)

Table 72 Electric All-wheel Drive Vehicle Market, By Region,

2024–2030 (Thousand Units)

Table 73 Electric Vehicle Market, By Vehicle Class, 2019–2023 (Thousand Units)

Table 74 Electric Vehicle Market, By Vehicle Class, 2024–2030 (Thousand Units)

Table 75 Popular Electric Vehicles Worldwide, By Vehicle Class

Table 76 Low-priced Electric Vehicle Market, By Region,

2019–2023 (Thousand Units)

Table 77 Low-priced Electric Vehicle Market, By Region,

2024–2030 (Thousand Units)

Table 78 Mid-priced Electric Vehicle Market, By Region,

2019–2023 (Thousand Units)

Table 79 Mid-priced Electric Vehicle Market, By Region,

2024–2030 (Thousand Units)

Table 80 Luxury Electric Vehicle Market, By Region, 2019–2023 (Thousand Units)

Table 81 Luxury Electric Vehicle Market, By Region, 2024–2030 (Thousand Units)

Table 82 Electric Vehicle Market, By Charging Point Type,

2019–2023 (Thousand Units)

Table 83 Electric Vehicle Market, By Charging Point Type,

2024–2030 (Thousand Units)

Table 84 Leading Global Electric Vehicle Charging Providers

Table 85 Electric Vehicle Market For Ac (Normal Charging),

By Region, 2019–2023 (Thousand Units)

Table 86 Electric Vehicle Market For Ac (Normal Charging),

By Region, 2024–2030 (Thousand Units)

Table 87 Electric Vehicle Market For Dc (Super Charging),

By Region, 2019–2023 (Thousand Units)

Table 88 Electric Vehicle Market For Dc (Super Charging),

By Region, 2024–2030 (Thousand Units)

Table 89 Electric Vehicle Market, By Propulsion, 2019–2023 (Thousand Units)

Table 90 Electric Vehicle Market, By Propulsion, 2024–2030 (Thousand Units)

Table 91 Bestselling Electric Vehicles In 2023

Table 92 Expected Best-selling Electric Vehicles In 2024

Table 93 Battery Electric Vehicle Market, By Region,

2019–2023 (Thousand Units)

Table 94 Battery Electric Vehicle Market, By Region,

2024–2030 (Thousand Units)

Table 95 Fuel Cell Electric Vehicle Market, By Region,

2019–2023 (Thousand Units)

Table 96 Fuel Cell Electric Vehicle Market, By Region,

2024–2030 (Thousand Units)

Table 97 Plug-in Hybrid Electric Vehicle Market, By Region,

2019–2023 (Thousand Units)

Table 98 Plug-in Hybrid Electric Vehicle Market,

By Region, 2024–2030 (Thousand Units)

Table 99 Key Differences Between Electric Vehicles And

Hybrid Electric Vehicles

Table 100 Difference Between 400v And 800v E/E Architectures

Table 101 Electric Vehicle Market, By E/E Architecture,

2019–2023 (Thousand Units)

Table 102 Electric Vehicle Market, By E/E Architecture,

2024–2030 (Thousand Units)

Table 103 Vehicle Models, By E/E Architecture 400v–800v

Table 104 400v E/E Architecture Market, By Region, 2019–2023 (Thousand Units)

Table 105 400v E/E Architecture Market, By Region, 2024–2030 (Thousand Units)

Table 106 Vehicle Models, By E/E Architecture For 800v, 2024

Table 107 800v E/E Architecture Market, By Region, 2019–2023 (Thousand Units)

Table 108 800v E/E Architecture Market, By Region, 2024–2030 (Thousand Units)

Table 109 Battery Cell And Pack Supplier Data

Table 110 On-board Charger Supplier Data

Table 111 Motor Supplier Data

Table 112 Dc-dc Converter Supplier Data

Table 113 Inverter Supplier Data

Table 114 Battery Management System Supplier Data

Table 115 Electric Vehicle Fleet Targets Worldwide

Table 116 Electric Vehicles In Use For Commercial Fleets

Table 117 Key Companies, By Commercial Fleet Segment

Table 118 Electric Vehicle Market, By Region, 2019–2023 (Usd Million)

Table 119 Electric Vehicle Market, By Region, 2024–2030 (Usd Million)

Table 120 Electric Vehicle Market, By Region, 2019–2023 (Thousand Units)

Table 121 Electric Vehicle Market, By Region, 2024–2030 (Thousand Units)

Table 122 Electric Passenger Car Market, By Region, 2019–2023 (Thousand Units)

Table 123 Electric Passenger Car Market, By Region, 2024–2030 (Thousand Units)

Table 124 Asia Pacific: Electric Passenger Car Market,

By Country, 2019–2023 (Thousand Units)

Table 125 Asia Pacific: Electric Passenger Car Market,

By Country, 2024–2030 (Thousand Units)

Table 126 Bestselling Electric Vehicles In China, 2023

Table 127 China: Electric Passenger Car Market,

By Propulsion, 2019–2023 (Thousand Units)

Table 128 China: Electric Passenger Car Market,

By Propulsion, 2024–2030 (Thousand Units)

Table 129 Bestselling Electric Vehicles In India, 2023

Table 130 India: Electric Passenger Car Market,

By Propulsion, 2019–2023 (Thousand Units)

Table 131 India: Electric Passenger Car Market,

By Propulsion, 2024–2030 (Thousand Units)

Table 132 Japan: Vehicle Goal For 2030

Table 133 Japan: Electric Passenger Car Market,

By Propulsion, 2019–2023 (Thousand Units)

Table 134 Japan: Electric Passenger Car Market,

By Propulsion, 2024–2030 (Thousand Units)

Table 135 South Korea: Electric Passenger Car Market,

By Propulsion, 2019–2023 (Thousand Units)

Table 136 South Korea: Electric Passenger Car Market,

By Propulsion, 2024–2030 (Thousand Units)

Table 137 Thailand: Electric Passenger Car Market,

By Propulsion, 2019–2023 (Thousand Units)

Table 138 Thailand: Electric Passenger Car Market,

By Propulsion, 2024–2030 (Thousand Units)

Table 139 Indonesia: Electric Passenger Car Market,

By Propulsion, 2019–2023 (Thousand Units)

Table 140 Indonesia: Electric Passenger Car Market,

By Propulsion, 2024–2030 (Thousand Units)

Table 141 Malaysia: Electric Passenger Car Market,

By Propulsion, 2019–2023 (Thousand Units)

Table 142 Malaysia: Electric Passenger Car Market,

By Propulsion, 2024–2030 (Thousand Units)

Table 143 Vietnam: Electric Passenger Car Market,

By Propulsion, 2019–2023 (Thousand Units)

Table 144 Vietnam: Electric Passenger Car Market,

By Propulsion, 2024–2030 (Thousand Units)

Table 145 Europe: Electric Passenger Car Market,

By Country, 2019–2023 (Thousand Units)

Table 146 Europe: Electric Passenger Car Market,

By Country, 2024–2030 (Thousand Units)

Table 147 Bestselling Electric Vehicle Models In France, 2023

Table 148 France: Electric Passenger Car Market,

By Propulsion, 2019–2023 (Thousand Units)

Table 149 France: Electric Passenger Car Market,

By Propulsion, 2024–2030 (Thousand Units)

Table 150 Germany: Electric Passenger Car Market,

By Propulsion, 2019–2023 (Thousand Units)

Table 151 Germany: Electric Passenger Car Market,

By Propulsion, 2024–2030 (Thousand Units)

Table 152 Netherlands: Electric Passenger Car Market,

By Propulsion, 2019–2023 (Thousand Units)

Table 153 Netherlands: Electric Passenger Car Market,

By Propulsion, 2024–2030 (Thousand Units)

Table 154 Bestselling Electric Vehicles In Norway, 2023

Table 155 Norway: Electric Passenger Car Market,

By Propulsion, 2019–2023 (Thousand Units)

Table 156 Norway: Electric Passenger Car Market,

By Propulsion, 2024–2030 (Thousand Units)

Table 157 Sweden: Electric Passenger Car Market,

By Propulsion, 2019–2023 (Thousand Units)

Table 158 Sweden: Electric Passenger Car Market,

By Propulsion, 2024–2030 (Thousand Units)

Table 159 Bestselling Electric Vehicles In Uk, 2023

Table 160 Uk: Electric Passenger Car Market,

By Propulsion, 2019–2023 (Thousand Units)

Table 161 Uk: Electric Passenger Car Market,

By Propulsion, 2024–2030 (Thousand Units)

Table 162 Denmark: Electric Passenger Car Market,

By Propulsion, 2019–2023 (Thousand Units)

Table 163 Denmark: Electric Passenger Car Market,

By Propulsion, 2024–2030 (Thousand Units)

Table 164 Austria: Electric Passenger Car Market,

By Propulsion, 2019–2023 (Thousand Units)

Table 165 Austria: Electric Passenger Car Market,

By Propulsion, 2024–2030 (Thousand Units)

Table 166 Bestselling Electric Vehicles In Switzerland, 2023

Table 167 Switzerland: Electric Passenger Car Market,

By Propulsion, 2019–2023 (Thousand Units)

Table 168 Switzerland: Electric Passenger Car Market,

By Propulsion, 2024–2030 (Thousand Units)

Table 169 Spain: Electric Passenger Car Market,

By Propulsion, 2019–2023 (Thousand Units)

Table 170 Spain: Electric Passenger Car Market,

By Propulsion, 2024–2030 (Thousand Units)

Table 171 North America: Electric Passenger Car Market,

By Country, 2019–2023 (Thousand Units)

Table 172 North America: Electric Passenger Car Market,

By Country, 2024–2030 (Thousand Units)

Table 173 Canada: Electric Passenger Car Market,

By Propulsion, 2019–2023 (Thousand Units)

Table 174 Canada: Electric Passenger Car Market,

By Propulsion, 2024–2030 (Thousand Units)

Table 175 Bestselling Electric Vehicles In Us, 2023

Table 176 Us: Electric Passenger Car Market,

By Propulsion, 2019–2023 (Thousand Units)

Table 177 Us: Electric Passenger Car Market,

By Propulsion, 2024–2030 (Thousand Units)

Table 178 Middle East & Africa: Electric Passenger Car Market,

By Country, 2019–2023 (Thousand Units)

Table 179 Middle East & Africa: Electric Passenger Car Market,

By Country, 2024–2030 (Thousand Units)

Table 180 Uae: Electric Passenger Car Market,

By Propulsion, 2019–2023 (Thousand Units)

Table 181 Uae: Electric Passenger Car Market,

By Propulsion, 2024–2030 (Thousand Units)

Table 182 Egypt: Electric Passenger Car Market,

By Propulsion, 2019–2023 (Thousand Units)

Table 183 Egypt: Electric Passenger Car Market,

By Propulsion, 2024–2030 (Thousand Units)

Table 184 South Africa: Electric Passenger Car Market,

By Propulsion, 2019–2023 (Thousand Units)

Table 185 South Africa: Electric Passenger Car Market,

By Propulsion, 2024–2030 (Thousand Units)

Table 186 Overview Of Strategies Adopted By Players In Electric Vehicle Market

Table 187 Degree Of Competition

Table 188 Electric Passenger Vehicle Models, By Key Features

Table 189 Electric Bus Vehicle Models, By Key Features

Table 190 Electric Truck Vehicle Models, By Key Features

Table 191 Electric Vehicle Market: Company Vehicle Type Footprint, 2023

Table 192 Electric Vehicle Market: Company Region Footprint, 2023

Table 193 Electric Vehicle Market: List Of Key Startups

Table 194 Electric Vehicle Market: Competitive Benchmarking Of Key Startups

Table 195 Electric Vehicle Market: Product Launches And Developments,

April 2021–june 2024

Table 196 Electric Vehicle Market: Deals, March 2021–june 2024

Table 197 Electric Vehicle Market: Expansions, April 2021–april 2024

Table 198 Byd: Company Overview

Table 199 Byd: Products/Solutions/Services Offered

Table 200 Byd: Product Launches And Developments

Table 201 Byd: Deals

Table 202 Byd: Expansions

Table 203 Tesla: Company Overview

Table 204 Tesla: Products/Solutions/Services Offered

Table 205 Tesla: Product Launches And Developments

Table 206 Tesla: Deals

Table 207 Tesla: Expansions

Table 208 Tesla: Others

Table 209 Volkswagen: Company Overview

Table 210 Volkswagen: Products/Solutions/Services Offered

Table 211 Volkswagen: Product Launches And Developments

Table 212 Volkswagen: Deals

Table 213 Volkswagen: Expansions

Table 214 Zhejiang Geely Holding Group: Company Overview

Table 215 Zhejiang Geely Holding Group: Products/Solutions/Services Offered

Table 216 Zhejiang Geely Holding Group: Product Launches And Developments

Table 217 Zhejiang Geely Holding Group: Deals

Table 218 Zhejiang Geely Holding Group: Expansions

Table 219 Zhejiang Geely Holding Group: Others

Table 220 Saic Motor: Company Overview

Table 221 Saic Motor: Products/Solutions/Services Offered

Table 222 Saic Motor: Product Launches & Developments

Table 223 Saic Motor: Deals

Table 224 Saic Motor: Expansions

Table 225 Saic Motor: Others

Table 226 Stellantis: Company Overview

Table 227 Stellantis: Products/Solutions/Services Offered

Table 228 Stellantis: Product Launches And Developments

Table 229 Stellantis: Deals

Table 230 Stellantis: Expansions

Table 231 Bmw Group: Company Overview

Table 232 Bmw Group: Products/Solutions/Services Offered

Table 233 Bmw Group: Product Launches And Developments

Table 234 Nissan Motors: Company Overview

Table 235 Nissan Motors: Products/Solutions/Services Offered

Table 236 Nissan Motors: Product Launches And Developments

Table 237 Nissan Motors: Deals

Table 238 Nissan Motors: Expansions

Table 239 Hyundai Group: Company Overview

Table 240 Hyundai Group: Products/Solutions/Services Offered

Table 241 Hyundai Group: Product Launches And Developments

Table 242 Hyundai Group: Deals

Table 243 Hyundai Group: Expansions

Table 244 Great Wall Motor: Company Overview

Table 245 Great Wall Motor: Products/Solutions/Services Offered

Table 246 Great Wall Motor: Product Launches And Developments

Table 247 Great Wall Motor: Deals

Table 248 Great Wall Motor: Expansions

Table 249 Toyota Motor Corporation: Company Overview

Table 250 Toyota Motor Corporation: Products/Solutions/Services Offered

Table 251 Toyota Motor Corporation: Product Launches And Developments

Table 252 Toyota Motor Corporation: Deals

Table 253 Toyota Motor Corporation: Expansions

Table 254 Gac Motor: Company Overview

Table 255 Gac Motor: Products/Solutions/Services Offered

Table 256 Gac Motor: Product Launches And Developments

Table 257 Gac Motor: Deals

Table 258 Gac Motor: Expansions

Table 259 General Motors: Company Overview

Table 260 Renault: Company Overview

Table 261 Ford Motor Company: Company Overview

Table 262 Baic Motor Corporation., Ltd: Company Overview

Table 263 Mitsubishi Motors: Company Overview

Table 264 Chery International: Company Overview

Table 265 Jac: Company Overview

Table 266 Zoyte: Company Overview

Table 267 Mercedes-benz Group Ag: Company Overview

Table 268 Lucid: Company Overview

Table 269 Xpeng: Company Overview

Table 270 Nikola Corporation: Company Overview

Table 271 Nio: Company Overview

Table 272 Faraday Future: Company Overview

Table 273 Leapmotor: Company Overview

Figures List

Figure 1 Electric Vehicle Market Segmentation

Figure 2 Electric Vehicle Market: Research Design

Figure 3 Electric Vehicle Market: Research Design Model

Figure 4 Electric Vehicle Market: Breakdown Of Primary Interviews

Figure 5 Electric Vehicle Market: Bottom-up Approach

Figure 6 Electric Vehicle Market: Top-down Approach

Figure 7 Electric Vehicle Market: Research Approach

Figure 8 Electric Vehicle Market Estimation Notes

Figure 9 Electric Vehicle Market: Data Triangulation

Figure 10 Factor Analysis For Market Sizing: Demand And Supply Sides

Figure 11 Electric Vehicle Market Overview

Figure 12 Electric Vehicle Market, By Region, 2024–2030 (Usd Million)

Figure 13 Electric Vehicle Market, By Vehicle Top Speed,

2024 Vs. 2030 (Thousand Units)

Figure 14 Key Players In Electric Vehicle Market

Figure 15 Government Initiatives For Promoting Low-emission Transport

To Drive Market

Figure 16 Ac (Normal Charging) To Be Dominant Segment During Forecast Period

Figure 17 Commercial Vehicle Segment To Grow At Higher Cagr Than Passenger Car Segment During Forecast Period

Figure 18 Mid-priced Segment To Dominate Market During Forecast Period

Figure 19 Battery Electric Vehicle To Be Largest Segment During

Forecast Period

Figure 20 >125 Mph Segment To Grow At Faster Rate Than <125 Mph During Forecast Period

Figure 21 All-wheel Drive Segment To Register Highest Cagr During

Forecast Period

Figure 22 800v Segment To Register Higher Cagr Than 400v Segment

During Forecast Period

Figure 23 Asia Pacific To Account For Dominant Market Share In 2024

Figure 24 Electric Vehicle Market: Trends And Disruptions Impacting Customer Business

Figure 25 Electric Vehicle Market: Drivers, Restraints, Opportunities,

And Challenges

Figure 26 Electrification Targets By Countries

Figure 27 Expected Number Of Public Electric Vehicle Charging Stations

In India By 2030

Figure 28 Lifecycle Greenhouse Gas Emissions, 2021 Vs. 2030

Figure 29 Emissions Of Electric Vehicles And Gasoline Vehicles

Figure 30 Purchase Cost For Electric And Ice Vehicles, By Key Models

Figure 31 Fuel Station Average Price Comparison

Figure 32 Operation Of Wireless Charging Technology

Figure 33 Electric Vehicle Charging Time

Figure 34 Electric Vehicle Chargers Used Worldwide

Figure 35 Electric Vehicle Chargers Used In India

Figure 36 Us: Total Cost Of Ownership Breakdown

Figure 37 Bill Of Materials Of Ice And Electric Vehicles, 2023 Vs. 2030

Figure 38 Investment And Funding Scenario, 2020–2024

Figure 39 Top-selling Electric Vehicles Worldwide, 2023

Figure 40 Electric Vehicle Market: Ecosystem Analysis

Figure 41 Electric Vehicle Market: Supply Chain Analysis

Figure 42 Influence Of Stakeholders On Buying Process For Top 2 Vehicle Types

Figure 43 Key Buying Criteria For Passenger Cars

Figure 44 Key Buying Criteria For Commercial Vehicles

Figure 45 Parts Of V2x

Figure 46 How V2g Charging Works

Figure 47 Electric Vehicles With V2l

Figure 48 Solid-state Battery Roadmap, 2035+

Figure 49 Direct Borohydride Fuel Cell Working

Figure 50 Battery Management And Monitoring System

Figure 51 Battery Management And Monitoring System Of Electric Vehicle Architecture

Figure 52 Number Of Patents Granted In Electric Vehicle Market, 2013–2024

Figure 53 Electric Vehicle Market, By Vehicle Type, 2024–2030 (Thousand Units)

Figure 54 Electric Vehicle Market, By Vehicle Top Speed,

2024 Vs. 2030 (Thousand Units)

Figure 55 Comparison Of Electric Vehicle Drive Types

Figure 56 Electric Vehicle Market, By Vehicle Drive Type,

2024 Vs. 2030 (Thousand Units)

Figure 57 Electric Vehicle Market, By Vehicle Class, 2024–2030 (Thousand Units)

Figure 58 Significance Of V2x In Electric Vehicle Market

Figure 59 V2x Communication

Figure 60 Electric Vehicle Market: Factors Impacting V2x

Figure 61 Electric Vehicle Market, By Charging Point Type,

2024–2030 (Thousand Units)

Figure 62 Inductive Electric Vehicle Charging

Figure 63 Electric Vehicle Comparison By Propulsion

Figure 64 Electric Vehicle Market, By Propulsion, 2024–2030 (Thousand Units)

Figure 65 Electric Vehicle Market, By E/E Architecture,

2024 Vs. 2030 (Thousand Units)

Figure 66 Electric Vehicle Plans And Investments By Key Oems

Figure 67 Key Transport Policies And Targets By Countries

Figure 68 Partnership Of Electric Vehicle Oems With Battery Manufacturers

Figure 69 Asia Pacific To Be Largest Market During Forecast Period

Figure 70 Asia Pacific: Electric Vehicle Market Snapshot

Figure 71 Electric Vehicle Mobility Landscape In China

Figure 72 India: Market Share Of Top 5 Electric Vehicle Brands, 2023

Figure 73 Electric Vehicles Sold In Thailand, 2020–2024

Figure 74 Bestselling Battery Electric Vehicle Models In Europe, 2023

Figure 75 Germany To Lead Electric Vehicle Market In Europe During

Forecast Period

Figure 76 Germany: Electric Vehicle Roadmap

Figure 77 Bestselling Electric Vehicles In Germany, 2023

Figure 78 Bestselling Electric Vehicles In Netherlands, 2023

Figure 79 Uk: Electric Vehicle Roadmap

Figure 80 North America: Electric Vehicle Market Snapshot

Figure 81 Middle East & Africa: Electric Vehicle Market,

By Country, 2024 Vs. 2030 (Thousand Units)

Figure 82 Electric Vehicle Market Share Analysis, 2023

Figure 83 Revenue Analysis Of Key Players In Electric Vehicle Market, 2019–2023

Figure 84 Company Valuation, June 2024 (Usd Billion)

Figure 85 Ev/Ebitda Of Key Players, June 2024

Figure 86 Electric Vehicle Market: Company Evaluation Matrix (Key Players), 2023

Figure 87 Electric Vehicle Market: Company Footprint, 2023

Figure 88 Electric Vehicle Market: Company Evaluation Matrix

(Startups/Smes), 2023

Figure 89 Byd: Company Snapshot

Figure 90 Tesla: Company Snapshot

Figure 91 Volkswagen: Company Snapshot

Figure 92 Volkswagen: Reporting Structure

Figure 93 Volkswagen: 2024, Q1 Deliveries Growth Rate, By Region

Figure 94 Zhejiang Geely Holding Group: Company Snapshot

Figure 95 Zhejiang Geely Holding Group: Brands

Figure 96 Zhejiang Geely Holding Group: Product Line-up Of Volvo

Figure 97 Saic Motor: Company Snapshot

Figure 98 Stellantis: Company Snapshot

Figure 99 Stellantis: Electrification Plans

Figure 100 Bmw Group: Company Snapshot

Figure 101 Bmw Group: Electric Vehicle Plans

Figure 102 Nissan Motors: Company Snapshot

Figure 103 Hyundai Group: Company Snapshot

Figure 104 Hyundai Group: Fuel Cell Electric Vehicle Strategy

Figure 105 Great Wall Motor: Company Snapshot

Figure 106 Great Wall Motor: Global R&D Network

Figure 107 Toyota Motor Corporation: Company Snapshot

Figure 108 Toyota Motor Corporation: Investment In Battery Electric Vehicles

Figure 109 Gac Motor: Company Snapshot