Global Long-range Electric Vehicle Market 2018-2022
About Long-range Electric Vehicle
In case of EV’s, long-range is defined as longest distance plug-in EV (PEV) or a battery EV (BEV) can cover on a full single charge of the battery. EV’s which have range of 100+ miles are considered to be long-range EV(EV)
Technavio’s analysts forecast the Global Long-range Electric Vehicle Market to grow at a CAGR of 23.01% during the period 2017-2022.
Covered in this report
The report covers the present scenario and the growth prospects of Global Long-range Electric Vehicle Market 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of various end users
The market is divided into the following segments based on geography:
Press Release
Technavio Announces the Publication of its Research Report – Global Long-range Electric Vehicle Market 2018-2022
Technavio recognizes the following companies as the key players in the Global Long-range Electric Vehicle Market
Commenting on the report, an analyst from Technavio’s team said: “One trend that is affecting the market is FCV technology for range extension in long-range EV’s”
According to the report, one driver that is affecting the market is decreasing prices of Li-ion battery
Further, the report states that one challenge that is affecting the market is high cost of owing long-range EV’s compared to ICE vehicles
Companies Mentioned
BYD
General Motors
Hyundai Motor
Renault
Tesla
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