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Global Electric Vehicle (EV) Market By Type (Scooters, Motorcycles, Three Wheelers, Others); By Propulsion Type (BEV, PHEV, FCEV); By Drive Type (FWD, RWD, AWD); By Vehicle Speed (Less Than 100 MPH (Max. Speed), 100 MPH to 125 MPH (Max. Speed), Above 125

Publisher PreciseView Reports
Published Aug 22, 2025
Length 310 Pages
SKU # PCSR20401802

Description

Global Electric Vehicle (EV) Market, valued at USD 671 billion in 2024, is projected to reach USD 2,148 billion by 2033, achieving a CAGR of 13.8%. This robust growth is driven by rising environmental consciousness, supportive government incentives, and advancements in battery technology, with global EV sales exceeding 17 million units in 2024 (IEA EV Outlook). The market encompasses scooters, motorcycles, three-wheelers, and other vehicles powered by battery electric (BEV), plug-in hybrid (PHEV), and fuel cell electric (FCEV) propulsion. Asia-Pacific, led by China, dominates with high production and sales, while North America and Europe advance through policy support and charging infrastructure expansion. Trends include BEVs leading for zero-emission appeal, mid-price vehicles gaining traction, and personal use dominating end-use.

Challenges include high upfront costs, limited charging infrastructure in some regions, and battery production's environmental impact, which may hinder adoption in developing markets. Opportunities lie in expanding fast-charging networks, innovations in solid-state batteries for longer ranges, and commercial fleet electrification. Emerging markets offer growth potential as urbanization and incomes rise. Segment insights highlight BEVs as the leading propulsion type, front-wheel drive (FWD) for affordability, and communication advancements enhancing vehicle connectivity. Companies like Tesla and BYD drive innovation with efficient batteries and autonomous features. The market's trajectory focuses on sustainability, balancing cost with accessibility to accelerate global EV adoption.

Market Segments:

By Type:

Scooters
Motorcycles
Three Wheelers
Others

By Propulsion Type:

BEV (Battery Electric Vehicle)
PHEV (Plug-in Hybrid Electric Vehicle)
FCEV (Fuel Cell Electric Vehicle)

By Drive Type:

FWD (Front-Wheel Drive)
RWD (Rear-Wheel Drive)
AWD (All-Wheel Drive)

By Vehicle Speed:

Less Than 100 MPH (Max. Speed)
100 MPH to 125 MPH (Max. Speed)
Above 125 MPH (Max. Speed)

By Vehicle Class:

Low Priced
Mid-Price
High Price

By End-use:

Personal
Commercial

By Region:

North America
Asia Pacific
Europe
Middle East & Africa
South America

Please note - Delivery Timeline: 3-5 Business Days

Table of Contents

310 Pages
1. Research Methodology
1.1. Desk Research
1.2. Real Time Insights and Validation
1.3. Forecast Model
1.4. Assumptions and Forecast Parameters
1.4.1. Assumptions
1.4.2. Forecast Parameters
1.5. Data Sources
1.5.1. Primary
1.5.2. Secondary
2. Executive Summary
2.1. 360° Summary
2.2. By Type
2.3. By Propulsion Type
2.4. By Vehicle Class
2.5. By Vehicle Speed
2.6. By End Use
3. Market Overview
3.1. Market Segmentation & Definitions
3.2. Key Takeaways
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3. Porter’s Five Forces Analysis
3.3.1. Bargaining Power of Consumers
3.3.2. Bargaining Power of Suppliers
3.3.3. Threat of New Entrants
3.3.4. Threat of Substitutes
3.3.5. Competitive Rivalry in the Market
3.4. Market Dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
3.5. Technology Landscape
3.6. Regulatory Landscape
3.7. Patent Landscape
3.8. Market Value Chain Analysis
3.9. Strategic Overview
4. Global Electric Vehicle (EV) Market, By Type
4.1. Scooters
4.1.1. Scooters Market and Forecast, By Region, 2025-2033
4.1.2. Comparative Market Share Analysis, 2021 & 2033
4.2. Motorcycles
4.2.1. Motorcycles Market and Forecast, By Region, 2025-2033
4.2.2. Comparative Market Share Analysis, 2021 & 2033
4.3. Three Wheelers
4.3.1. Three Wheelers Market and Forecast, By Region, 2025-2033
4.3.2. Comparative Market Share Analysis, 2021 & 2033
4.4. Others
4.4.1. Others Market and Forecast, By Region, 2025-2033
4.4.2. Comparative Market Share Analysis, 2021 & 2033
5. Global Electric Vehicle (EV) Market, By Propulsion Type
5.1. BEV
5.1.1. BEV Market and Forecast, By Region, 2025-2033
5.1.2. Comparative Market Share Analysis, 2021 & 2033
5.2. PHEV
5.2.1. PHEV Market and Forecast, By Region, 2025-2033
5.2.2. Comparative Market Share Analysis, 2021 & 2033
5.3. FCEV
5.3.1. FCEV Market and Forecast, By Region, 2025-2033
5.3.2. Comparative Market Share Analysis, 2021 & 2033
6. Global Electric Vehicle (EV) Market, By Vehicle Class
6.1. Low Priced
6.1.1. Low Priced Market and Forecast, By Region, 2025-2033
6.1.2. Comparative Market Share Analysis, 2021 & 2033
6.2. Mid-Priced
6.2.1. Mid-Priced Market and Forecast, By Region, 2025-2033
6.2.2. Comparative Market Share Analysis, 2021 & 2033
6.3. High Priced
6.3.1. High Priced Market and Forecast, By Region, 2025-2033
6.3.2. Comparative Market Share Analysis, 2021 & 2033
7. Global Electric Vehicle (EV) Market, By Vehicle Speed
7.1. Less Than 100 MPH (Max. Speed)
7.1.1. Less Than 100 MPH (Max. Speed) Market and Forecast, By Region, 2025-2033
7.1.2. Comparative Market Share Analysis, 2021 & 2033
7.2. 100 MPH to 125 MPH (Max. Speed)
7.2.1. 100 MPH to 125 MPH (Max. Speed) Market and Forecast, By Region, 2025-2033
7.2.2. Comparative Market Share Analysis, 2021 & 2033
7.3. Above 125 MPH (Max. Speed)
7.3.1. Above 125 MPH (Max. Speed) Market and Forecast, By Region, 2025-2033
7.3.2. Comparative Market Share Analysis, 2021 & 2033
8. Global Electric Vehicle (EV) Market, By End Use
8.1. Personal
8.1.1. Personal Market and Forecast, By Region, 2025-2033
8.1.2. Comparative Market Share Analysis, 2021 & 2033
8.2. Commercial
8.2.1. Commercial Market and Forecast, By Region, 2025-2033
8.2.2. Comparative Market Share Analysis, 2021 & 2033
9. Global Electric Vehicle (EV) Market, By Region
9.1. North America
9.1.1. North America Electric Vehicle (EV) Market and Forecast, By Type, 2025-2033
9.1.2. North America Electric Vehicle (EV) Market and Forecast, By Propulsion Type, 2025-2033
9.1.3. North America Electric Vehicle (EV) Market and Forecast, By Vehicle Class, 2025-2033
9.1.4. North America Electric Vehicle (EV) Market and Forecast, By Vehicle Speed, 2025-2033
9.1.5. North America Electric Vehicle (EV) Market and Forecast, By End Use, 2025-2033
9.1.6. Comparative Market Share Analysis, 2021 & 2033
9.1.7. U.S.
9.1.7.1. U.S. Electric Vehicle (EV) Market and Forecast, By Type, 2025-2033
9.1.7.2. U.S. Electric Vehicle (EV) Market and Forecast, By Propulsion Type, 2025-2033
9.1.7.3. U.S. Electric Vehicle (EV) Market and Forecast, By Vehicle Class, 2025-2033
9.1.7.4. U.S. Electric Vehicle (EV) Market and Forecast, By Vehicle Speed, 2025-2033
9.1.7.5. U.S. Electric Vehicle (EV) Market and Forecast, By End Use, 2025-2033
9.1.7.6. Comparative Market Share Analysis, 2021 & 2033
9.1.8. Canada
9.1.8.1. Canada Electric Vehicle (EV) Market and Forecast, By Type, 2025-2033
9.1.8.2. Canada Electric Vehicle (EV) Market and Forecast, By Propulsion Type, 2025-2033
9.1.8.3. Canada Electric Vehicle (EV) Market and Forecast, By Vehicle Class, 2025-2033
9.1.8.4. Canada Electric Vehicle (EV) Market and Forecast, By Vehicle Speed, 2025-2033
9.1.8.5. Canada Electric Vehicle (EV) Market and Forecast, By End Use, 2025-2033
9.1.8.6. Comparative Market Share Analysis, 2021 & 2033
9.2. Europe
9.2.1. Europe Electric Vehicle (EV) Market and Forecast, By Type, 2025-2033
9.2.2. Europe Electric Vehicle (EV) Market and Forecast, By Propulsion Type, 2025-2033
9.2.3. Europe Electric Vehicle (EV) Market and Forecast, By Vehicle Class, 2025-2033
9.2.4. Europe Electric Vehicle (EV) Market and Forecast, By Vehicle Speed, 2025-2033
9.2.5. Europe Electric Vehicle (EV) Market and Forecast, By End Use, 2025-2033
9.2.6. Comparative Market Share Analysis, 2021 & 2033
9.2.7. Germany
9.2.7.1. Germany Electric Vehicle (EV) Market and Forecast, By Type, 2025-2033
9.2.7.2. Germany Electric Vehicle (EV) Market and Forecast, By Propulsion Type, 2025-2033
9.2.7.3. Germany Electric Vehicle (EV) Market and Forecast, By Vehicle Class, 2025-2033
9.2.7.4. Germany Electric Vehicle (EV) Market and Forecast, By Vehicle Speed, 2025-2033
9.2.7.5. Germany Electric Vehicle (EV) Market and Forecast, By End Use, 2025-2033
9.2.7.6. Comparative Market Share Analysis, 2021 & 2033
9.2.8. UK
9.2.8.1. UK Electric Vehicle (EV) Market and Forecast, By Type, 2025-2033
9.2.8.2. UK Electric Vehicle (EV) Market and Forecast, By Propulsion Type, 2025-2033
9.2.8.3. UK Electric Vehicle (EV) Market and Forecast, By Vehicle Class, 2025-2033
9.2.8.4. UK Electric Vehicle (EV) Market and Forecast, By Vehicle Speed, 2025-2033
9.2.8.5. UK Electric Vehicle (EV) Market and Forecast, By End Use, 2025-2033
9.2.8.6. Comparative Market Share Analysis, 2021 & 2033
9.2.9. France
9.2.9.1. France Electric Vehicle (EV) Market and Forecast, By Type, 2025-2033
9.2.9.2. France Electric Vehicle (EV) Market and Forecast, By Propulsion Type, 2025-2033
9.2.9.3. France Electric Vehicle (EV) Market and Forecast, By Vehicle Class, 2025-2033
9.2.9.4. France Electric Vehicle (EV) Market and Forecast, By Vehicle Speed, 2025-2033
9.2.9.5. France Electric Vehicle (EV) Market and Forecast, By End Use, 2025-2033
9.2.9.6. Comparative Market Share Analysis, 2021 & 2033
9.2.10. Spain
9.2.10.1. Spain Electric Vehicle (EV) Market and Forecast, By Type, 2025-2033
9.2.10.2. Spain Electric Vehicle (EV) Market and Forecast, By Propulsion Type, 2025-2033
9.2.10.3. Spain Electric Vehicle (EV) Market and Forecast, By Vehicle Class, 2025-2033
9.2.10.4. Spain Electric Vehicle (EV) Market and Forecast, By Vehicle Speed, 2025-2033
9.2.10.5. Spain Electric Vehicle (EV) Market and Forecast, By End Use, 2025-2033
9.2.10.6. Comparative Market Share Analysis, 2021 & 2033
9.2.11. Italy
9.2.11.1. Italy Electric Vehicle (EV) Market and Forecast, By Type, 2025-2033
9.2.11.2. Italy Electric Vehicle (EV) Market and Forecast, By Propulsion Type, 2025-2033
9.2.11.3. Italy Electric Vehicle (EV) Market and Forecast, By Vehicle Class, 2025-2033
9.2.11.4. Italy Electric Vehicle (EV) Market and Forecast, By Vehicle Speed, 2025-2033
9.2.11.5. Italy Electric Vehicle (EV) Market and Forecast, By End Use, 2025-2033
9.2.11.6. Comparative Market Share Analysis, 2021 & 2033
9.2.12. Rest of Europe
9.2.12.1. Rest of Europe Electric Vehicle (EV) Market and Forecast, By Type, 2025-2033
9.2.12.2. Rest of Europe Electric Vehicle (EV) Market and Forecast, By Propulsion Type, 2025-2033
9.2.12.3. Rest of Europe Electric Vehicle (EV) Market and Forecast, By Vehicle Class, 2025-2033
9.2.12.4. Rest of Europe Electric Vehicle (EV) Market and Forecast, By Vehicle Speed, 2025-2033
9.2.12.5. Rest of Europe Electric Vehicle (EV) Market and Forecast, By End Use, 2025-2033
9.2.12.6. Comparative Market Share Analysis, 2021 & 2033
9.3. Asia Pacific
9.3.1. Asia Pacific Electric Vehicle (EV) Market and Forecast, By Type, 2025-2033
9.3.2. Asia Pacific Electric Vehicle (EV) Market and Forecast, By Propulsion Type, 2025-2033
9.3.3. Asia Pacific Electric Vehicle (EV) Market and Forecast, By Vehicle Class, 2025-2033
9.3.4. Asia Pacific Electric Vehicle (EV) Market and Forecast, By Vehicle Speed, 2025-2033
9.3.5. Asia Pacific Electric Vehicle (EV) Market and Forecast, By End Use, 2025-2033
9.3.6. Comparative Market Share Analysis, 2021 & 2033
9.3.7. China
9.3.7.1. China Electric Vehicle (EV) Market and Forecast, By Type, 2025-2033
9.3.7.2. China Electric Vehicle (EV) Market and Forecast, By Propulsion Type, 2025-2033
9.3.7.3. China Electric Vehicle (EV) Market and Forecast, By Vehicle Class, 2025-2033
9.3.7.4. China Electric Vehicle (EV) Market and Forecast, By Vehicle Speed, 2025-2033
9.3.7.5. China Electric Vehicle (EV) Market and Forecast, By End Use, 2025-2033
9.3.7.6. Comparative Market Share Analysis, 2021 & 2033
9.3.8. India
9.3.8.1. India Electric Vehicle (EV) Market and Forecast, By Type, 2025-2033
9.3.8.2. India Electric Vehicle (EV) Market and Forecast, By Propulsion Type, 2025-2033
9.3.8.3. India Electric Vehicle (EV) Market and Forecast, By Vehicle Class, 2025-2033
9.3.8.4. India Electric Vehicle (EV) Market and Forecast, By Vehicle Speed, 2025-2033
9.3.8.5. India Electric Vehicle (EV) Market and Forecast, By End Use, 2025-2033
9.3.8.6. Comparative Market Share Analysis, 2021 & 2033
9.3.9. Japan
9.3.9.1. Japan Electric Vehicle (EV) Market and Forecast, By Type, 2025-2033
9.3.9.2. Japan Electric Vehicle (EV) Market and Forecast, By Propulsion Type, 2025-2033
9.3.9.3. Japan Electric Vehicle (EV) Market and Forecast, By Vehicle Class, 2025-2033
9.3.9.4. Japan Electric Vehicle (EV) Market and Forecast, By Vehicle Speed, 2025-2033
9.3.9.5. Japan Electric Vehicle (EV) Market and Forecast, By End Use, 2025-2033
9.3.9.6. Comparative Market Share Analysis, 2021 & 2033
9.3.10. South Korea
9.3.10.1. South Korea Electric Vehicle (EV) Market and Forecast, By Type, 2025-2033
9.3.10.2. South Korea Electric Vehicle (EV) Market and Forecast, By Propulsion Type, 2025-2033
9.3.10.3. South Korea Electric Vehicle (EV) Market and Forecast, By Vehicle Class, 2025-2033
9.3.10.4. South Korea Electric Vehicle (EV) Market and Forecast, By Vehicle Speed, 2025-2033
9.3.10.5. South Korea Electric Vehicle (EV) Market and Forecast, By End Use, 2025-2033
9.3.10.6. Comparative Market Share Analysis, 2021 & 2033
9.3.11. Australia
9.3.11.1. Australia Electric Vehicle (EV) Market and Forecast, By Type, 2025-2033
9.3.11.2. Australia Electric Vehicle (EV) Market and Forecast, By Propulsion Type, 2025-2033
9.3.11.3. Australia Electric Vehicle (EV) Market and Forecast, By Vehicle Class, 2025-2033
9.3.11.4. Australia Electric Vehicle (EV) Market and Forecast, By Vehicle Speed, 2025-2033
9.3.11.5. Australia Electric Vehicle (EV) Market and Forecast, By End Use, 2025-2033
9.3.11.6. Comparative Market Share Analysis, 2021 & 2033
9.3.12. Rest of Asia Pacific
9.3.12.1. Rest of Asia Pacific Electric Vehicle (EV) Market and Forecast, By Type, 2025-2033
9.3.12.2. Rest of Asia Pacific Electric Vehicle (EV) Market and Forecast, By Propulsion Type, 2025-2033
9.3.12.3. Rest of Asia Pacific Electric Vehicle (EV) Market and Forecast, By Vehicle Class, 2025-2033
9.3.12.4. Rest of Asia Pacific Electric Vehicle (EV) Market and Forecast, By Vehicle Speed, 2025-2033
9.3.12.5. Rest of Asia Pacific Electric Vehicle (EV) Market and Forecast, By End Use, 2025-2033
9.3.12.6. Comparative Market Share Analysis, 2021 & 2033
9.4. LAMEA
9.4.1. LAMEA Electric Vehicle (EV) Market and Forecast, By Type, 2025-2033
9.4.2. LAMEA Electric Vehicle (EV) Market and Forecast, By Propulsion Type, 2025-2033
9.4.3. LAMEA Electric Vehicle (EV) Market and Forecast, By Vehicle Class, 2025-2033
9.4.4. LAMEA Electric Vehicle (EV) Market and Forecast, By Vehicle Speed, 2025-2033
9.4.5. LAMEA Electric Vehicle (EV) Market and Forecast, By End Use, 2025-2033
9.4.6. Comparative Market Share Analysis, 2021 & 2033
9.4.7. Latin America
9.4.7.1. Latin America Electric Vehicle (EV) Market and Forecast, By Type, 2025-2033
9.4.7.2. Latin America Electric Vehicle (EV) Market and Forecast, By Propulsion Type, 2025-2033
9.4.7.3. Latin America Electric Vehicle (EV) Market and Forecast, By Vehicle Class, 2025-2033
9.4.7.4. Latin America Electric Vehicle (EV) Market and Forecast, By Vehicle Speed, 2025-2033
9.4.7.5. Latin America Electric Vehicle (EV) Market and Forecast, By End Use, 2025-2033
9.4.7.6. Comparative Market Share Analysis, 2021 & 2033
9.4.8. Middle East
9.4.8.1. Middle East Electric Vehicle (EV) Market and Forecast, By Type, 2025-2033
9.4.8.2. Middle East Electric Vehicle (EV) Market and Forecast, By Propulsion Type, 2025-2033
9.4.8.3. Middle East Electric Vehicle (EV) Market and Forecast, By Vehicle Class, 2025-2033
9.4.8.4. Middle East Electric Vehicle (EV) Market and Forecast, By Vehicle Speed, 2025-2033
9.4.8.5. Middle East Electric Vehicle (EV) Market and Forecast, By End Use, 2025-2033
9.4.8.6. Comparative Market Share Analysis, 2021 & 2033
9.4.9. Africa
9.4.9.1. Africa Electric Vehicle (EV) Market and Forecast, By Type, 2025-2033
9.4.9.2. Africa Electric Vehicle (EV) Market and Forecast, By Propulsion Type, 2025-2033
9.4.9.3. Africa Electric Vehicle (EV) Market and Forecast, By Vehicle Class, 2025-2033
9.4.9.4. Africa Electric Vehicle (EV) Market and Forecast, By Vehicle Speed, 2025-2033
9.4.9.5. Africa Electric Vehicle (EV) Market and Forecast, By End Use, 2025-2033
9.4.9.6. Comparative Market Share Analysis, 2021 & 2033
10. Company Profiles
10.1. AB Volvo
10.1.1. Business Overview
10.1.2. Financial Performance
10.1.3. Product Portfolio
10.1.4. Recent Strategic Moves & Applications
10.1.5. SWOT Analysis
10.2. BYD Company Ltd
10.2.1. Business Overview
10.2.2. Financial Performance
10.2.3. Product Portfolio
10.2.4. Recent Strategic Moves & Applications
10.2.5. SWOT Analysis
10.3. Ford Motor Company
10.3.1. Business Overview
10.3.2. Financial Performance
10.3.3. Product Portfolio
10.3.4. Recent Strategic Moves & Applications
10.3.5. SWOT Analysis
10.4. General Motors
10.4.1. Business Overview
10.4.2. Financial Performance
10.4.3. Product Portfolio
10.4.4. Recent Strategic Moves & Applications
10.4.5. SWOT Analysis
10.5. Honda Motor Co., Ltd
10.5.1. Business Overview
10.5.2. Financial Performance
10.5.3. Product Portfolio
10.5.4. Recent Strategic Moves & Applications
10.5.5. SWOT Analysis
10.6. Kawasaki Motors Corp
10.6.1. Business Overview
10.6.2. Financial Performance
10.6.3. Product Portfolio
10.6.4. Recent Strategic Moves & Applications
10.6.5. SWOT Analysis
10.7. KTM Sportmotorcycle GmbH
10.7.1. Business Overview
10.7.2. Financial Performance
10.7.3. Product Portfolio
10.7.4. Recent Strategic Moves & Applications
10.7.5. SWOT Analysis
10.8. Mercedes-Benz Group AG
10.8.1. Business Overview
10.8.2. Financial Performance
10.8.3. Product Portfolio
10.8.4. Recent Strategic Moves & Applications
10.8.5. SWOT Analysis
10.9. Mitsubishi Motors Corporation
10.9.1. Business Overview
10.9.2. Financial Performance
10.9.3. Product Portfolio
10.9.4. Recent Strategic Moves & Applications
10.9.5. SWOT Analysis
10.10. Nissan Motor Co., Ltd
10.10.1. Business Overview
10.10.2. Financial Performance
10.10.3. Product Portfolio
10.10.4. Recent Strategic Moves & Applications
10.10.5. SWOT Analysis
10.11. Renault Group
10.11.1. Business Overview
10.11.2. Financial Performance
10.11.3. Product Portfolio
10.11.4. Recent Strategic Moves & Applications
10.11.5. SWOT Analysis
10.12. Tesla
10.12.1. Business Overview
10.12.2. Financial Performance
10.12.3. Product Portfolio
10.12.4. Recent Strategic Moves & Applications
10.12.5. SWOT Analysis
10.13. Toyota Motor Corporation
10.13.1. Business Overview
10.13.2. Financial Performance
10.13.3. Product Portfolio
10.13.4. Recent Strategic Moves & Applications
10.13.5. SWOT Analysis

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