Albany, NY -- (SBWire) -- 03/21/2017 --PEVs will widely be considered as the preferred mode of transportation in the coming years. These vehicles not only facilitate the reduction of air pollution and noise pollution, but also offer improved overall performance. HPEVs, which offer long range and high speed, are advanced PEVs. These vehicles have high adoption rates in the US (especially in San Francisco, California) and Norway, owing to their improved drive quality and power. HPEVs will likely register high adoption in many other countries in the coming years.
The global high-performance electric vehicle market to grow at a CAGR of 37.63% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global high-performance electric vehicle market for 2017-2021. To calculate the market size, the report considers the unit sales of high-performance electric cars across all regions.
The market is divided into the following segments based on geography:
- APAC
- North America
- Europe
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Technavio's report, Global High-Performance Electric Vehicle Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- BMW
- Daimler
- General Motors
- NISSAN MOTOR
- Tesla Motors
Other prominent vendors
- Audi
- BYD
- Ford Motor
- Honda
- Hyundai Motor
- Volkswagen
Market driver
- Stringent regulations on emissions and fuel efficiency
- For a full, detailed list, view our report
Market challenge
- Range anxiety and issues with replacement schedules
- For a full, detailed list, view our report
Market trend
- FCV technology for range extension in HPEVs
- For a full, detailed list, view our report
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Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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Global High-Performance Electric Vehicle (EV) Market Is Expected to Grow at a CAGR of 37.63% During 2017-2021
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