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Electric Vehicle (EV) Market in the US 2015-2019

Electric Vehicle (EV) Market in the US 2015-2019

About EV

An EV is an automobile powered either by batteries or other energy storage devices. These vehicles offer the advantages of being environmentally friendly and energy efficient. US is considered to be one of the major consumers of EVs. Owing to rising environmental concerns and increasing greenhouse gas emissions, various state governments in the US are providing incentives for the adoption of EVs.

Technavio's analysts forecast the EV market in the US to grow at a CAGR of 24.02% over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the EV market in the US for the period 2015-2019. To calculate the market size, the report considers the unit sales of plug-in electric vehicles (PEV) in the US. The EV market can be segmented primarily into two, namely, hybrid EVs and PEVs. This report only considers the two segments of PEVs mentioned below:

  • All-electric/Battery Electric Vehicle (BEV)
  • Plug-in Hybrid Electric Vehicle (PHEV)
Technavio's report, EV Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the EV market landscape in the US and its growth prospects in the coming years. The report presents the vendor landscape and a corresponding detailed analysis of the leading vendors in the market. The report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

Key Vendors
  • Ford Motor
  • General Motors
  • Nissan Motor
  • Tesla Motor
  • Toyota Motor
Other Prominent Vendors
  • American Honda Motor
  • BMW North America
  • CODA Automotive
  • Fiat Chrysler Automobiles
  • GGT Electric
  • Global Electric Motorcars
  • Mercedes-Benz USA
  • Mitsubishi North America
  • Myers Motors
  • Phoenix Motorcars
  • Porsche Cars North America
  • THINK North America
  • Volkswagen Group of America
  • ZAP Jonway
  • Market Driver
  • Growing environmental concerns
  • For a full, detailed list, view our report
  • Market Challenge
  • Customer perception regarding EVs
  • For a full, detailed list, view our report
  • Market Trend
  • Improvements in charging infrastructure
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 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?


Press Release

Technavio Announces the Publication of its Research Report – Electric Vehicle (EV) Market in the US 2015-2019

Technavio recognizes the following companies as the key players in Electric Vehicle (EV) Market in the US 2015-2019: Ford Motor, General Motors, Nissan Motor, Tesla Motor and Toyota Motor

Other Prominent Vendors in the market are: American Honda Motor, BMW North America, CODA Automotive, Fiat Chrysler Automobiles, GGT Electric, Global Electric Motorcars, Mercedes-Benz USA, Mitsubishi North America, Myers Motors, Phoenix Motorcars, Porsche Cars North America, THINK North America, Volkswagen Group of America and ZAP Jonway

Commenting on the report, an analyst from Technavio’s team said: “The market is expected to grow rapidly during the forecast period because of improving infrastructure in the country. The state governments are providing various incentives and rebates to consumers and businesses to install EVSE and the promotions for customers to have their personal charging station will have a positive impact on the market.”

According to the report, both consumers and the government are concerned about the environment and this has resulted in increased demand for EVs in the US. Stringent emission norms to control and reduce carbon emissions have also increased.

Further, the report states that the limited availability of service stations and high maintenance costs hinders the sales of EVs in the US.

Companies Mentioned

Ford Motor, General Motors, Nissan Motor, Tesla Motor, Toyota Motor, American Honda Motor, BMW North America, CODA Automotive, Fiat Chrysler Automobiles, GGT Electric, Global Electric Motorcars, Mercedes-Benz USA, Mitsubishi North America, Myers Motors, Phoenix Motorcars, Porsche Cars North America, THINK North America, Volkswagen Group of America, ZAP Jonway

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Market Landscape
    • Market Overview
      • Table EV Segmentation
      • EV Industry Value Chain
    • EV Market in US
      • Table US Share in Global EV Stock 2014
      • EV Market in US by Type
        • Table Segmentation of EV Market by Type
    • Market Size and Forecast
      • Table EV Market in US 2014-2019 (units in million)
    • Five Forces Analysis
  • Market Segmentation by Type
    • EV Market in US by Type 2014
      • Table EV Market in US by Type 2014
      • Table Electric Cars Available for Consumers in US in 2014
  • Federal Incentives for Promotion of EVs
    • Table Federal Incentives Provided by States
  • Key Markets for EVs in US
    • Table Key Markets for EVs in US 2014
    • California
    • Washington
    • Georgia
  • Buying Criteria
  • Market Growth Drivers
    • Table Major Growth Drivers for EV Market in US
    • Table Well-to-Wheel Greenhouse Gas Emission Comparison for 100-mile Trip
    • Table Incentives Provided by States to Promote EVs
    • Table Petroleum Prices in US 2008-2014 ($ per barrel)
    • Table Petroleum Production and Consumption Comparison in US 2008-2013 (million barrels per day)
  • Drivers and their Impact
  • Market Challenges
    • Table Major Challenges of EV Market in US
    • Table Factors Limiting Use of EVs
    • Table Comparison of Average Ownership Cost of Nissan Leaf and Chevrolet Volt in US
    • Table Comparison of Battery Cost Used in EVs
    • Table Time Taken to Fully Charge EVs
  • Impact of Drivers and Challenges
  • Market Trends
    • Table Major Trends of EV Market in US
    • Table EV Charging Infrastructure Levels
    • Table States in US with Highest Number of Public Charging Points 2013
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Table Major Vendors in EV Market in US 2014
      • Key News
    • Other Prominent Vendors
  • Key Vendor Analysis
    • Ford Motor
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Ford Motor: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Ford Motor: Business Segmentation by Revenue 2012 and 2013 (US$ million)
      • Geographical Segmentation by Revenue 2013
        • Table Ford Motor: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • General Motors
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table General Motors: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table General Motors: Business Segmentation by Revenue 2012 and 2013 (US$ million)
      • Geographical Segmentation by Revenue 2013
        • Table General Motors: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Nissan Motors
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table Nissan Motors: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table Nissan Motors: Business Segmentation by Revenue 2013 and 2014 (US$ billion)
      • Geographical Segmentation by Revenue 2014
        • Table Nissan Motors: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Tesla Motors
      • Key Facts
      • Business Overview
      • Segmentation by Revenue 2013
        • Table Tesla Motors: Segmentation by Revenue 2013
      • Segmentation by Revenue 2012 and 2013
        • Table Tesla Motors: Segmentation by Revenue 2012 and 2013 (US$ Million)
      • Geographical Segmentation by Revenue 2013
        • Table Tesla Motors: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Toyota Motors
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table Toyota Motors: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table Toyota Motors: Business Segmentation by Revenue 2013 and 2014 (US$ million)
      • Geographical Segmentation by Revenue 2014
        • Table Toyota Motors: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

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