This report details actual figures for 2018 and compound annual growth rate (CAGR) projections for 2019 through 2024 for the global and four regional markets.
Although this report discusses three future scenarios, pessimistic, consensus and optimistic, forecasts are provided for consensus scenarios. Power source sales and values are provided. A patent analysis and discussion of power sources and vehicle components describe the areas in which research is being performed and emphasizes intellectual property issues.
Although, the Electric Scooters hold the largest share in terms of unit sales in the overall EV market, the passenger EV segment holds the highest share in terms of revenue among all the EV segments. The major growth of the EV market in terms of revenue is from the increasing passenger vehicles due to the increasing unit sales and higher unit sale cost compared to the electric scooters.
In 2018, it was estimated that over 56 million battery-powered scooters and e-bikes were added. This figure is significantly higher as compared to unit sales of all other segments. As of 2018, it was estimated that a total of over 300 million electric scooters were on road and most of them were powered using lead-acid batteries.
Based on region, Asia-pacific leads the electric vehicles market across the world. In Asia-Pacific region, China leads the Asia-Pacific region and the leads the world market in terms of unit sales of electric cars/ passenger cars. It is followed by Europe and the United States in terms of passenger car unit sales. China also leads the world market in the electric scooters market in terms of unit sales and revenue.
The rapidly recovering Fuel cell electric vehicle (FCEV) market was also analysed. In 2018, it was estimated that around 2,900 new Fuel cell passenger vehicle units were added. In total, it was estimated that around 11,200 Fuel cell passenger car units were in use, as of 2018.
Report Includes:
Descriptive study of the global markets for electric vehicles (EVs) and fuel cell vehicles (FCVs)
Analyses of global market trends with data from 2018, estimates for 2019, and projections of compound annual growth rates (CAGRs) through 2024
Data corresponding to market value and unit shipments of commercially viable EVs, including hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs), and pure battery-powered electric vehicles (BEVs)
Summary of details pertaining to power sources that make these vehicles possible, including lead-acid, nickel-metal hydride, lithium-ion batteries, and proton-exchange membrane fuel cells
Identification of the companies that are best positioned to meet this demand because of their proprietary technologies, strategic alliances or other advantages
Company profiles of leading market participants within the industry, including Automotive Fuel Cell Cooperation Corp., Bae Systems, China Motor Corp., Ferrari, General Motors, Harley Davidson, Hyundai Motor, Mitsubishi, Nissan Motor Co., Skoda, Tata Motors, and Yamaha
Companies Mentioned
3M
AC Propulsion
Aixam Production (Polaris Industries)
Amz-Kutno
Arcimoto
Astonbus Usa, Inc.
Automotive Fuel Cell Cooperation Corp.
Bae Systems
Balqon Corp.
Bentley Motors Inc.
Blue Sky Design Llc
BMW (Rolls-Royce, Mini)
BNSF Railway
Bollor
Boulder Electric Vehicle
Brammo, Inc.
Bredamenarinibus (Industrial Italian Auto Bus)
Bremach
Buddy Electric
Bultaco
BYD Company Ltd.
Castrosua
Chery Automotive
China Faw Group Corp.
China Motor Corp.
Chrysler (Subsidiary Of Fiat Chrysler Automobiles Nv)
Club Car (Ingersoll Rand)
Columbia Vehicle Group (Parcar)
Commuter Cars
Continental Corp.
Currie Technologies (Accell Group)
DAF Trucks (Paccar)
Daihatsu
Daimler (Mercedes-Benz, Smart, Mitsubishi Fuso, Orion Bus Industries/Daimler Buses North America)
Designline Bus Pacific
Detroit Electric
Dok-Ing
Dolomitech Advanced Propulsion
Dongfeng Motor Company
Eaton Corp.
Ebaracus
Ebus
Electric Motorsport
Electric Vehicles International (First Priority Greenfleet)
Energica
Environmental Performance Vehicles (Evp Corp.)
Espin
Etuktuk
Even Electric
Faraday Future
Ferrari
Fine Mobile Gmbh
Fisker Automotive (Wanxiang Group)
Ford Motor Co. (Lincoln, Mercury)
General Dynamics Land Systems
General Motors (Chevrolet And Cadillac)
GGT Electric
Gillig
Gogoro
Govecs Group
Greentech Automotive
Group Lotus
Harley Davidson
Hess
Honda (Acura)
Hyundai Motor
In2Go
Intelligent Energy
International Fuel Cells Collaborative
Italcar
Iveco
Jac Motors
Jr East
Kandi Technologies
Kia Motors (Hyundai)
Ktm Power Sports Ag (Ktm Group)
Lenovo
Liebherr
Lightning Car Company
Lightning Motorcycles
Lit Motors
Lito Green Motion
Lujo Ev R&D
Luxgen
Mahindra Reva
Malone Car Co.
Man Ag
Mantra Venture Group
Mazda
Mclaren Auto
Micro-Vett Spa
Millenworks (Textron)
Mitsubishi
Motor Coach Industries
National Electric Vehicle Sweden Ab (Nevs)
Navistar (International Truck And Engine & IC Bus)
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