Russia Electric Cars - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2016 - 2029
The Russia Electric Cars Market size is estimated at USD 585 in 2024, and is expected to reach USD 931 by 2029, growing at a CAGR of 9.74% during the forecast period (2024-2029).
Key Highlights
- Largest Segment by Fuel Type - BEV : In Russia, hybrid electric cars have witnessed the highest growth in the electric car market. Traditional fuel, along with the electric drive option, is enhancing the demand for hybrid cars.
- Largest Segment by Sub-Body Type - Sports Utility Vehicle : Comfortable rides, better fuel efficiency, and luxury features and more models available are attracting customers, which further makes Sedan the largest sub-body type in electric car sales in Russia.
- Fastest-growing Segment by Fuel Type - FCEV : Hybrid cars are the fastest-growing fuel type segment due to the advanced technology fusion and match of fossil fuels and electric, which is capturing the interest of consumers.
Russia Electric Cars Industry Overview
The Russia Electric Cars Market is fragmented, with the top five companies occupying 30.80%. The major players in this market are AB Volvo, Audi AG, Hyundai Motor Company, Nissan Motor Company Ltd and Tesla Inc. (sorted alphabetically).
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
- 1 EXECUTIVE SUMMARY & KEY FINDINGS
- 2 REPORT OFFERS
- 3 INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
- 4 KEY INDUSTRY TRENDS
- 4.1 Population
- 4.2 GDP
- 4.3 CVP
- 4.4 Inflation Rate
- 4.5 Interest Rate For Auto Loans
- 4.6 Battery Price (per Kwh)
- 4.7 Electrification Impact
- 4.8 Shared Mobility
- 4.9 New XEV Models Announced
- 4.10 Charging Stations Deployment
- 4.11 Regulatory Framework
- 4.12 Value Chain & Distribution Channel Analysis
- 5 MARKET SEGMENTATION
- 5.1 Body Type
- 5.1.1 Passenger Cars
- 5.1.1.1 Hatchback
- 5.1.1.2 Multi-purpose Vehicle
- 5.1.1.3 Sedan
- 5.1.1.4 Sports Utility Vehicle
- 5.2 Fuel Type
- 5.2.1 BEV
- 5.2.2 FCEV
- 5.2.3 HEV
- 5.2.4 PHEV
- 6 COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
- 6.4 Company Profiles
- 6.4.1 AB Volvo
- 6.4.2 Audi AG
- 6.4.3 BMW AG
- 6.4.4 Hyundai Motor Company
- 6.4.5 Jaguar
- 6.4.6 Lexus
- 6.4.7 Nissan Motor Company Ltd
- 6.4.8 Porsche
- 6.4.9 Tesla Inc.
- 6.4.10 Tesla Inc.
- 6.4.11 Volkswagen AG
- 7 KEY STRATEGIC QUESTIONS FOR VEHICLES CEOS
- 8 APPENDIX
- 8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter's Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (DROs)
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook