Battery Electric Vehicles Market Size to Expand Significantly by the End of 2019

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Los Angeles, CA -- (SBWire) -- 03/20/2019 --A battery electric vehicle (BEV), or all-electric vehicle is a type of electric vehicle (EV) that uses chemical energy stored in rechargeable battery packs. BEVs use electric motors and motor controllers instead of internal combustion engines (ICEs) for propulsion. They derive all power from battery packs and thus have no internal combustion engine, fuel cell, or fuel tank. BEVs include - but are not limited to - motorcycles, bicycles, scooters, skateboards, rail cars, watercraft, forklifts, buses, trucks, and cars.

Growing Awareness about vehicle emission reduction, government support, technical advancement and low cost are main factors contributing to the growth of market. As one of the linchpins of the EV industry, battery technology has been the focus of sustained innovation. Initiatives to develop low- cost, fast charging battery technologies that support long range use looked set to yield promising results. The Asia-Pacific (APAC) region dominated the global electric vehicles battery market by value and accounted for a share of 76.5% in 2016. The APAC automotive electric vehicles battery market is majorly dominated by the South Asian countries comprising of some of the biggest automotive producers in the world.

This report focuses on Battery Electric Vehicles volume and value at global level, regional level and company level. From a global perspective, this report represents overall Battery Electric Vehicles market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

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At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

BMW

Daimler

General Motors

Mitsubishi Motors

Nissan Motor

Renault

Tesla Motors

...

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Battery Electric Vehicle (BEV)

Plug-in Hybrid Electric Vehicle (PHEV)

Segment by Application

Online Sales

Offline Sales

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