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Asia-Pacific Automotive High-Performance Electric Vehicles Market - Growth, Trends, and Forecast (2018 - 2023)

Asia-Pacific Automotive High-Performance Electric Vehicles Market - Growth, Trends, and Forecast (2018 - 2023)

The Asia-Pacific automotive high-performance electric vehicles market is expected to register a CAGR close to 30% during 2018 to 2023 (the forecast period). Electric high-performance vehicles can be differentiated from other EVs on aspects, including longer range of distance i.e., over 150 miles in a single charge, high acceleration, and their ability to attain a speed of over 90 miles per hour with faster acceleration of 0 to 60 miles per hour, unlike that of EV, which can range at speeds varying from 40-65 miles per hour. While purely electric cars do have some limitations, usually including lower range and higher weight, unlike normal gasoline powered cars, they do hold the advantage of having all of their torque available from a standstill. An electric high-performance vehicle (EHPV) is propelled by electricity and is equipped with advanced electric vehicle powertrain components and Li-ion batteries with high energy density. Growing awareness about vehicle emissions, lower operating and maintenance costs, along with increasing government initiatives to encourage the use of electric vehicles, will also help in driving the growth of high-performance electric vehicles significantly.

The government and private players are focused on providing battery electric vehicles and using eco-friendly transport, resulting in increased demand for EHPV. Initiatives taken by the governments of various countries, to increase adoption of electric vehicles, like that of building convenient charging stations, have added to the growth of the EHPV market in the region. Tesla pioneered the concept of EHPV, supporting and encouraging their development. They are developing cost-effective but high-performance electric vehicles to leverage the adoption of electric vehicles in the region. The company hopes that the initiative will spur consumer acceptance and create a network of supporting businesses, such as EV charging stations and service centers. The high cost of ownership, coupled with lack of adequate charging infrastructure in many countries, is one of the challenges that the market can face in the forecast period.

Key Developments in the Market

March 2018: The new BMW Motorrad BoxerCup to start in spring 2018.
March 2018: Tesla Roadster rival Rimac to partner with China for battery and electric motor factory.
January 2018: Kia motors launched 4d virtual test drives for the all-new stinger sports sedan


Reasons to Purchase this Report

The report analyses how the increasing climate change concerns will impact automotive high-performance electric vehicles market
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
The vehicle type that is expected to dominate the market
The countries that are expected to witness the fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
3 months analyst support, along with the Market Estimate sheet (in excel)

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1. Introduction
1.1. Research Methodology
1.2. General Study Assumptions
2. Research Methodology
2.1. Introduction
2.2. Analysis Methodology
2.3. Study Assumptions
2.4. Econometric Forecast Model
3. Executive Summary
4. Market Overview and Technology Trends
4.1. Current Market Scenario
4.2. Technology Trends
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Consumers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitute Products and Services
4.3.5. Competitive Rivalry within the Industry
5. Market Dynamics
5.1. Drivers
5.1.1. Governments’ Favorable Policies
5.2. Restraints
5.2.1. Inadequate Charging Infrastructure
5.3. Opportunities
6. Asia-Pacific Automotive High-performance Electric Vehicle , by Drive
6.1. Plug-in Hybrid
6.2. Pure Electric
7. Asia-Pacific Automotive High-performance Electric Vehicle, by Vehicle
7.1. Passenger Vehicles
7.2. Commercial vehicles
8. Asia-Pacific Automotive High-performance Electric Vehicle, Segmented by Geography
8.1.1. China
8.1.2. Japan
8.1.3. India
8.1.4. Rest of Asia-Pacific
9. Competitive Landscape
9.1. Introduction
9.2. Market Share Analysis
10. Company Profiles
10.1. BMW
10.2. Daimler
10.3. General Motors
10.4. Nissan
10.5. Ford
10.6. Renault
10.7. Rimac
10.8. Tesla Motors
10.9. Kia
10.10. Mitsubishi
10.11. Peugeot
10.12. Volkswagen
10.13. Venturi
11. Future Outlook
12. Disclaimer

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