Electric Vehicle Market

Electric Vehicle Market (Vehicle Type: Two Wheelers, Passenger Vehicles, Light Commercial Vehicles, Commercial Vehicles, and Buses) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

Electric Vehicle Market Outlook 2031

  • The global market was valued at US$ 147.8 Bn in 2021
  • It is estimated to grow at a CAGR of 29.5% and reach US$ 1.9 Trn by the end of 2031

Analysts’ Viewpoint on Electric Vehicle Market Scenario

Rise in demand for safe, eco-friendly, and fuel-efficient vehicles is projected to drive the global electric vehicle industry during the forecast period. Electric vehicles or hybrid electric vehicles are built to minimize the dependency on fossil fuels and reduce carbon footprint. Market players are focusing on developing highly precise electric vehicles that do not get affected by different kinds of road/terrain and climate fluctuations.

Leading electric vehicle companies, such as BYD, Baic Motor, Ford Motor Company, and General Motors, are focusing on improving the performance of electric-powered vehicles. Manufacturers are also tapping into incremental opportunities in the market to empower the future of electrified vehicles.

Electric Vehicle Market

Market Introduction

Electric vehicle (EV) is a vehicle/mode of transportation that uses one or more electric motors for propulsion. It can be empowered by a collector system, with electricity from extravehicular sources, or it can be powered autonomously by a battery (sometimes charged by solar panels or conversion of fuel into electricity by using fuel cells or a generator). Industrial electric vehicles such as electric trucks are being increasingly used across the globe.

The global market share of electric vehicles is projected to increase significantly during the forecast period, owing to the rise in adoption of environment-friendly vehicles. Growth in purchasing power of the people and rise in demand for zero carbon emission vehicles are also augmenting the global market.

Rise in Concern About Environmental Pollution and Climate Change to Drive Demand for Electric Vehicles

Pollution levels are rising in several countries across the globe. Carbon dioxide, nitrogen oxide, hydrocarbon, carbon monoxide, and sulfur dioxide are examples of tailpipe emissions that cause respiratory disorders, cardiac issues, and mental illnesses, thus adding to the strain on healthcare systems.

According to a report by the European Environment Agency published in 2018, automobile emissions have degraded air quality across Europe, costing the continent's healthcare systems more than US$ 80 Bn. Increasing number of individuals are choosing EVs, as these vehicles offer higher performance, lower operating costs, and improved vehicle safety.

According to the International Energy Agency, global sales of electrified vehicles surpassed 6.9 million units in 2021. Rise in oil prices and growth in environmental awareness are propelling the worldwide market for EV. Furthermore, introduction of autonomous vehicles has significantly improved the quality of road infrastructure. EVs provide a number of benefits over ICE vehicles, including zero carbon emission, low operating cost, and ease of operation.

Stringent Government Norms and Favorable Policies to Fuel Global Market

Significant demand for budget-friendly autonomous vehicles and the need for zero carbon emissions are driving the global market. National and international organizations are striving to promote design, development, production, and adoption of electrified vehicles.

Regulatory bodies in the transportation industry have implemented stringent emission standards for automobiles. This is encouraging OEMs to expand their selection of EVs. The European Union, for instance, declared a relaxation in the CO2 emission target for an automaker business if its share of zero- or low-emitting cars, such as electric cars, rises.

A number of countries provide financial incentives such as tax credits and rebates and waiving of registration fees to encourage the adoption of EVs. Many countries also provide non-cash incentives for EVs such as free municipal parking and access to carpool lanes.

Rise in Demand for Safe, Reliable, and Efficient Passenger Vehicles Across Globe

In terms of vehicle type, the passenger vehicles segment held major share of the global market in 2021, owing to the benefits of passenger vehicles such as safety, comfort, and reliability. It is the fastest-growing vehicle type in the automobile industry. Emergence of advanced technologies such as IoT and ADAS makes passenger vehicles a safer option. Hence, demand for these vehicles is increasing consistently across the globe.

Two wheeler is a highly convenient mode of transportation, owing to its easy operation and accessibility in narrow or uneven roads. Increase in sale of two wheelers across the globe can be ascribed to their affordability and convenience.

Increase in Usage of AC Motors in Electric Vehicles

Based on motor type, the AC motor segment is expected to dominate the market in the near future. AC motor (electric vehicle motor) provides higher torque and more acceleration than the DC motor, allowing the vehicle to negotiate rougher terrain more easily. Hence, AC motors are largely used in electric vehicles. Growth in demand for energy-efficient electric vehicles across the globe is likely to boost the demand for AC motors during the forecast period.

Regional Outlook of Global Electric Vehicle Industry

Asia Pacific dominated the global market in 2021, owing to the presence of two highly populated countries: China and India. These countries are also the second and fifth largest economies in the world, respectively. China is one of the prominent producers of electric vehicles in Asia Pacific. Most of the automakers in Asia Pacific have changed their product lines to focus on electric cars.

Asia Pacific is followed by North America and Europe in terms of revenue and volume, respectively. Presence of various automotive giants makes Europe a lucrative market for electric vehicles. The electric vehicle industry in North America is projected to grow during the forecast period due to the increase in number of electric vehicle charging stations, government subsidies, and R&D activities in electric vehicle battery technology in the region.

Analysis of Key Players

The global market is fairly consolidated, with the largest players controlling a majority of the share. Most of the firms are investing significantly in comprehensive research and development activities, primarily to develop advanced electric drive systems. Expansion of product portfolios and mergers & acquisitions are the key strategies adopted by leading vehicle manufacturers.

Some of the leading electric vehicle manufacturers are BYD, BAIC Motor, Ford Motor Company, General Motors, Hyundai Motors, Tesla Motors, Toyota Motor Corporation, REE Auto, Okinawa, Rivian, and Ola Electric.

Key Developments in Global Electric Vehicle Industry

  • In April 2022, Qualcomm Technologies Inc. and Stellantis formed a multi-year technology collaboration to utilize the latest Snapdragon Digital Chassis advancements to deliver intelligent, customizable, and immersive in-vehicle experiences to millions of vehicles across Stellantis’ 14 iconic automotive brands
  • In February 2022, Renault Group, Siemens, and Valeo Automotive announced that they had signed a Memorandum of Understanding to form a strategic partnership for design, co-development, and manufacture of a new-generation electric motor in France by eliminating the use of rare earth. This partnership will combine their expertise and knowledge to design a unique electric powertrain system that is unparalleled worldwide, offering more power on less energy.

Key players have been profiled in the market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.

Global Electric Vehicle Market Snapshot

Attribute

Detail

Market Size Value in 2021 (Base Year)

US$ 147.8 Bn

Market Forecast Value in 2031

US$ 1.9 Trn

Growth Rate (CAGR)

29.5%

Forecast Period

2022-2031

Quantitative Units

US$ Bn/Trn for Value and Units for Volume

Market Analysis

It includes cross segment analysis at global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.

Competition Landscape

  • Market Share Analysis by Company (2021)
  • Company Profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, key financials, etc.

Format

Electronic (PDF) + Excel

Market Segmentation

  • By Vehicle Type
    • Two Wheelers
    • Passenger Vehicles
      • Hatchbacks
      • Sedans
      • Utility Vehicles
    • Light Commercial Vehicles
    • Commercial Vehicles
      • Class 6 Trucks
      • Class 7 Trucks
      • Class 8 Trucks
    • Buses
  • By Application
    • Last-mile Delivery Vehicles
    • Powersports Applications
      • ATVs (All-Terrain Vehicles) and Quads
      • Golf Carts
      • Boats/Watersports
      • Snowmobiles
      • UTVs (Utility Terrain Vehicles)
    • Aerospace
    • AGVs
  • By Motor Type
    • DC Motor
    • AC Motor
  • By Propulsion Technology
    • Battery Electric Vehicle (BEV)
    • Plug-in Hybrid Electric Vehicle (PHEV)

Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Countries Covered

  • U.S.
  • Canada
  • Mexico
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Rest of Europe
  • Japan
  • China
  • India
  • South Korea
  • ASEAN Countries
  • ANZ
  • Brazil
  • Argentina
  • GCC
  • Turkey
  • South Africa

Companies Profiled

  • ABB Ltd.
  • Alcraft Motor Company
  • Baic Motor
  • BMW
  • BYD
  • Canoo
  • Chery
  • Continental AG
  • Daimler
  • Ford Motor Company
  • Geely
  • General Motors
  • GWM
  • Changan
  • Leap Motor
  • BAIC
  • Hozon
  • Hitachi Automotive Systems, Ltd.
  • Honda Motor Co., Ltd.
  • Hyundai
  • JAC
  • Kia Motors
  • Lucid Motors
  • Nidec Corp.
  • Nissan Motor Corporation Ltd.
  • Protean Electric
  • REE Auto
  • Rivian
  • SAIC Motor
  • SGMW
  • Tesla Motors
  • Toyota Motor Corporation
  • Volkswagen
  • Volvo
  • Zotye
  • Li Auto
  • NIO
  • XPeng
  • Polestar
  • Yadea
  • Aima
  • Tailg
  • Luyuan
  • Xinri
  • Bajaj Auto
  • Ola
  • Hero Electric
  • TVS Motors
  • Okinawa
  • Corvus UTV

Customization Scope

Available upon Request

Pricing

Available upon Request

Frequently Asked Questions

How big was the global electric vehicle market in 2021?

The market was valued at US$ 147.8 Bn in 2021

How is the global market expected to grow during 2022-2031?

It is expected to grow at a CAGR of 29.53% during 2022-2031

How much worth would the market be in 2031?

The market would be worth US$ 1.9 Trn in 2031

Which country is more lucrative in Asia Pacific?

China is more lucrative country that held 66.25% share in 2021

What is the share of the passenger vehicles segment?

The passenger vehicles segment held the largest share of 45.63% in 2021

What are the prominent trends in the global electric vehicle industry?

Increase in demand for advanced driving assistance features and autonomous technology in electric vehicles

Which region is more lucrative in the global market?

Asia Pacific is the most lucrative region that held dominant share of 67.22% in 2021

Who are the prominent players in the global market?

BYD, Baic Motor, Ford Motor Company, General Motors, Honda Motor Co., Ltd., JAC, Kia Motors, Hyundai Motors, Tesla Motors, Toyota Motor Corporation, REE Auto, Okinawa, Rivian, and Ola Electric

    1. Report Summary

        1.1. Market Segmentation

        1.2. Research Methodology

            1.2.1. Primary Research and List of Primary Sources

            1.2.2. Desk Research

    2. Global Electric Vehicle Market - Executive Summary

        2.1. Market Size, Units, US$ Mn, 2017-2031

        2.2. Market Analysis and Key Segment Analysis

        2.3. TMR Analysis, Recommendations, and Conclusion

    3. Market Overview and Insights

        3.1. Scope of the Report & Report Assumptions

        3.2. Analyst Insight & Current Market Trends

        3.3. Key Research Objectives

        3.4. Key Findings

        3.5. Rules & Regulations

    4. Market Determinants

        4.1. Motivators/ Drivers

        4.2. Restraints

        4.3. Opportunities

    5. Key Players by region, by Vehicle Type

        5.1. Current Status of the Players

        5.2. Future Strategy by the Players

            5.2.1. Two Wheelers

            5.2.2. Passenger Vehicles

                5.2.2.1. Hatchbacks

                5.2.2.2. Sedans

                5.2.2.3. Utility Vehicles

            5.2.3. Light Commercial Vehicles

            5.2.4. Commercial Vehicles

                5.2.4.1. Class 6 Trucks

                5.2.4.2. Class 7 Trucks

                5.2.4.3. Class 8 Trucks

            5.2.5. Buses

    6. Key Players by region, by Application

        6.1. Step Side Vehicles

            6.1.1. Last-mile Delivery Vehicles

        6.2. Powersports Applications

            6.2.1. ATVs (All-Terrain Vehicles) and Quads

            6.2.2. Golf Carts

            6.2.3. Boats/Watersports

            6.2.4. Snowmobiles

            6.2.5. UTVs (Utility Terrain Vehicles)

        6.3. Aerospace

        6.4. AGVs

    7. Existing ICE companies respond to the EV market

        7.1. Strategic Overview

        7.2. Adoption of EVs by key ICE players

    8. Vehicle Production Trends, for each country mentioned in TOC, 2017-2031

        8.1. (EV+ICE) Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031

            8.1.1. Electric Vehicle Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, by Vehicle Type

                8.1.1.1. Two Wheelers

                8.1.1.2. Passenger Vehicles

                    8.1.1.2.1. Hatchbacks

                    8.1.1.2.2. Sedans

                    8.1.1.2.3. Utility Vehicles

                8.1.1.3. Light Commercial Vehicles

                8.1.1.4. Commercial Vehicles

                    8.1.1.4.1. Class 6 Trucks

                    8.1.1.4.2. Class 7 Trucks

                    8.1.1.4.3. Class 8 Trucks

                8.1.1.5. Buses

            8.1.2. ICE Vehicle Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, by Vehicle Type

                8.1.2.1. Two Wheelers

                8.1.2.2. Passenger Vehicles

                    8.1.2.2.1. Hatchbacks

                    8.1.2.2.2. Sedans

                    8.1.2.2.3. Utility Vehicles

                8.1.2.3. Light Commercial Vehicles

                8.1.2.4. Commercial Vehicles

                    8.1.2.4.1. Class 6 Trucks

                    8.1.2.4.2. Class 7 Trucks

                    8.1.2.4.3. Class 8 Trucks

                8.1.2.5. Buses

    9. Key System or Component Suppliers for EV for each region -

        9.1. Battery packs

            9.1.1. Battery Suppliers for planned EVs

            9.1.2. Production Capacity of Battery Supplier

            9.1.3. Supply-Demand Gap for Batteries

                9.1.3.1. EV Battery Market Size and forecast, 2017-2031

                9.1.3.2. EV Market Size and Forecast, 2017-2031

            9.1.4. Cost Analysis of EV Battery, 2017-2031

            9.1.5. Cost Analysis of Electric Vehicle, 2017-2031, by Vehicle Type

        9.2. Fuel Cell

        9.3. Motors

        9.4. Reducers

        9.5. Monitors

        9.6. Gages

        9.7. On-board Charger

        9.8. Electric Power Control Unit

            9.8.1. Inverter

            9.8.2. DC-DC Converter

            9.8.3. Vehicle Control Unit

        9.9. Regenerative Braking

        9.10. Battery Management System

    10. Global Electric Vehicle Market, Motor Type

        10.1. Market Snapshot

            10.1.1. Introduction & Definition

            10.1.2. Market Growth & Y-o-Y Projections

            10.1.3. Base Point Share Analysis

        10.2. Global Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Motor Type

            10.2.1. DC Motor

            10.2.2. AC Motor

    11. Global Electric Vehicle Market, Vehicle Type

        11.1. Market Snapshot

            11.1.1. Introduction & Definition

            11.1.2. Market Growth & Y-o-Y Projections

            11.1.3. Base Point Share Analysis

        11.2. Global Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Vehicle Type

            11.2.1. Two Wheelers

            11.2.2. Passenger Vehicles

                11.2.2.1. Hatchbacks

                11.2.2.2. Sedans

                11.2.2.3. Utility Vehicles

            11.2.3. Light Commercial Vehicles

            11.2.4. Commercial Vehicles

                11.2.4.1. Class 6 Trucks

                11.2.4.2. Class 7 Trucks

                11.2.4.3. Class 8 Trucks

            11.2.5. Buses

    12. Global Electric Vehicle Market, Propulsion Technology

        12.1. Market Snapshot

            12.1.1. Introduction & Definition

            12.1.2. Market Growth & Y-o-Y Projections

            12.1.3. Base Point Share Analysis

        12.2. Global Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Propulsion Technology

            12.2.1. Battery Electric Vehicle (BEV)

            12.2.2. Plug-in Hybrid Electric Vehicle (PHEV)

    13. Global Electric Vehicle Market, Application

        13.1. Market Snapshot

            13.1.1. Introduction & Definition

            13.1.2. Market Growth & Y-o-Y Projections

            13.1.3. Base Point Share Analysis

        13.2. Global Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Application

            13.2.1. Last-mile Delivery Vehicles

            13.2.2. Powersports Applications

                13.2.2.1. ATVs (All-Terrain Vehicles) and Quads

                13.2.2.2. Golf Carts

                13.2.2.3. Boats/Watersports

                13.2.2.4. Snowmobiles

                13.2.2.5. UTVs (Utility Terrain Vehicles)

            13.2.3. Aerospace

            13.2.4. AGVs

    14. Global Electric Vehicle Market, Region

        14.1. Market Snapshot

            14.1.1. Introduction & Definition

            14.1.2. Market Growth & Y-o-Y Projections

            14.1.3. Base Point Share Analysis

        14.2. Global Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Region

            14.2.1. North America

            14.2.2. Europe

            14.2.3. Asia Pacific

            14.2.4. Middle East & Africa

            14.2.5. Latin America

    15. North America Electric Vehicle Market

        15.1. Market Snapshot

        15.2. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Motor Type

            15.2.1. DC Motor

            15.2.2. AC Motor

        15.3. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Vehicle Type

            15.3.1. Two Wheelers

            15.3.2. Passenger Vehicles

                15.3.2.1. Hatchbacks

                15.3.2.2. Sedans

                15.3.2.3. Utility Vehicles

            15.3.3. Light Commercial Vehicles

            15.3.4. Commercial Vehicles

                15.3.4.1. Class 6 Trucks

                15.3.4.2. Class 7 Trucks

                15.3.4.3. Class 8 Trucks

            15.3.5. Buses

        15.4. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Propulsion Technology

            15.4.1. Battery Electric Vehicle (BEV)

            15.4.2. Plug-in Hybrid Electric Vehicle (PHEV)

        15.5. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Application

            15.5.1. Last-mile Delivery Vehicles

            15.5.2. Powersports Applications

                15.5.2.1. ATVs (All-Terrain Vehicles) and Quads

                15.5.2.2. Golf Carts

                15.5.2.3. Boats/Watersports

                15.5.2.4. Snowmobiles

                15.5.2.5. UTVs (Utility Terrain Vehicles)

            15.5.3. Aerospace

            15.5.4. AGVs

        15.6. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Country

            15.6.1. The U. S.

            15.6.2. Canada

        15.7. The U. S. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Motor Type

            15.7.1. DC Motor

            15.7.2. AC Motor

        15.8. The U. S. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Vehicle Type

            15.8.1. Two Wheelers

            15.8.2. Passenger Vehicles

                15.8.2.1. Hatchbacks

                15.8.2.2. Sedans

                15.8.2.3. Utility Vehicles

            15.8.3. Light Commercial Vehicles

            15.8.4. Commercial Vehicles

                15.8.4.1. Class 6 Trucks

                15.8.4.2. Class 7 Trucks

                15.8.4.3. Class 8 Trucks

            15.8.5. Buses

        15.9. The U. S. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Propulsion Technology

            15.9.1. Battery Electric Vehicle (BEV)

            15.9.2. Plug-in Hybrid Electric Vehicle (PHEV)

        15.10. The U. S. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Application

            15.10.1. Last-mile Delivery Vehicles

            15.10.2. Powersports Applications

                15.10.2.1. ATVs (All-Terrain Vehicles) and Quads

                15.10.2.2. Golf Carts

                15.10.2.3. Boats/Watersports

                15.10.2.4. Snowmobiles

                15.10.2.5. UTVs (Utility Terrain Vehicles)

            15.10.3. Aerospace

            15.10.4. AGVs

    16. Europe Electric Vehicle Market

        16.1. Market Snapshot

        16.2. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Motor Type

            16.2.1. DC Motor

            16.2.2. AC Motor

        16.3. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Vehicle Type

            16.3.1. Two Wheelers

            16.3.2. Passenger Vehicles

                16.3.2.1. Hatchbacks

                16.3.2.2. Sedans

                16.3.2.3. Utility Vehicles

            16.3.3. Light Commercial Vehicles

            16.3.4. Commercial Vehicles

                16.3.4.1. Class 6 Trucks

                16.3.4.2. Class 7 Trucks

                16.3.4.3. Class 8 Trucks

            16.3.5. Buses

        16.4. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Propulsion Technology

            16.4.1. Battery Electric Vehicle (BEV)

            16.4.2. Plug-in Hybrid Electric Vehicle (PHEV)

        16.5. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Application

            16.5.1. Last-mile Delivery Vehicles

            16.5.2. Powersports Applications

                16.5.2.1. ATVs (All-Terrain Vehicles) and Quads

                16.5.2.2. Golf Carts

                16.5.2.3. Boats/Watersports

                16.5.2.4. Snowmobiles

                16.5.2.5. UTVs (Utility Terrain Vehicles)

            16.5.3. Aerospace

            16.5.4. AGVs

        16.6. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Country

            16.6.1. Germany

            16.6.2. U. K.

            16.6.3. France

            16.6.4. Italy

            16.6.5. Spain

            16.6.6. Nordic Countries

            16.6.7. Rest of Europe

    17. Asia Pacific Electric Vehicle Market

        17.1. Market Snapshot

        17.2. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Motor Type

            17.2.1. DC Motor

            17.2.2. AC Motor

        17.3. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Vehicle Type

            17.3.1. Two Wheelers

            17.3.2. Passenger Vehicles

                17.3.2.1. Hatchbacks

                17.3.2.2. Sedans

                17.3.2.3. Utility Vehicles

            17.3.3. Light Commercial Vehicles

            17.3.4. Commercial Vehicles

                17.3.4.1. Class 6 Trucks

                17.3.4.2. Class 7 Trucks

                17.3.4.3. Class 8 Trucks

            17.3.5. Buses

        17.4. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Propulsion Technology

            17.4.1. Battery Electric Vehicle (BEV)

            17.4.2. Plug-in Hybrid Electric Vehicle (PHEV)

        17.5. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Application

            17.5.1. Last-mile Delivery Vehicles

            17.5.2. Powersports Applications

                17.5.2.1. ATVs (All-Terrain Vehicles) and Quads

                17.5.2.2. Golf Carts

                17.5.2.3. Boats/Watersports

                17.5.2.4. Snowmobiles

                17.5.2.5. UTVs (Utility Terrain Vehicles)

            17.5.3. Aerospace

            17.5.4. AGVs

        17.6. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Country

            17.6.1. China

            17.6.2. India

            17.6.3. Japan

            17.6.4. South Korea

            17.6.5. ANZ

            17.6.6. ASEAN

            17.6.7. Rest of Asia Pacific

    18. Middle East & Africa Electric Vehicle Market

        18.1. Market Snapshot

        18.2. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Motor Type

            18.2.1. DC Motor

            18.2.2. AC Motor

        18.3. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Vehicle Type

            18.3.1. Two Wheelers

            18.3.2. Passenger Vehicles

                18.3.2.1. Hatchbacks

                18.3.2.2. Sedans

                18.3.2.3. Utility Vehicles

            18.3.3. Light Commercial Vehicles

            18.3.4. Commercial Vehicles

                18.3.4.1. Class 6 Trucks

                18.3.4.2. Class 7 Trucks

                18.3.4.3. Class 8 Trucks

            18.3.5. Buses

        18.4. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Propulsion Technology

            18.4.1. Battery Electric Vehicle (BEV)

            18.4.2. Plug-in Hybrid Electric Vehicle (PHEV)

        18.5. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Application

            18.5.1. Last-mile Delivery Vehicles

            18.5.2. Powersports Applications

                18.5.2.1. ATVs (All-Terrain Vehicles) and Quads

                18.5.2.2. Golf Carts

                18.5.2.3. Boats/Watersports

                18.5.2.4. Snowmobiles

                18.5.2.5. UTVs (Utility Terrain Vehicles)

            18.5.3. Aerospace

            18.5.4. AGVs

        18.6. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Country

            18.6.1. GCC

            18.6.2. South Africa

            18.6.3. Rest of Middle East & Africa

    19. Latin America Electric Vehicle Market

        19.1. Market Snapshot

        19.2. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Motor Type

            19.2.1. DC Motor

            19.2.2. AC Motor

        19.3. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Vehicle Type

            19.3.1. Two Wheelers

            19.3.2. Passenger Vehicles

                19.3.2.1. Hatchbacks

                19.3.2.2. Sedans

                19.3.2.3. Utility Vehicles

            19.3.3. Light Commercial Vehicles

            19.3.4. Commercial Vehicles

                19.3.4.1. Class 6 Trucks

                19.3.4.2. Class 7 Trucks

                19.3.4.3. Class 8 Trucks

            19.3.5. Buses

        19.4. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Propulsion Technology

            19.4.1. Battery Electric Vehicle (BEV)

            19.4.2. Plug-in Hybrid Electric Vehicle (PHEV)

        19.5. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Application

            19.5.1. Last-mile Delivery Vehicles

            19.5.2. Powersports Applications

                19.5.2.1. ATVs (All-Terrain Vehicles) and Quads

                19.5.2.2. Golf Carts

                19.5.2.3. Boats/Watersports

                19.5.2.4. Snowmobiles

                19.5.2.5. UTVs (Utility Terrain Vehicles)

            19.5.3. Aerospace

            19.5.4. AGVs

        19.6. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Country

            19.6.1. Brazil

            19.6.2. Mexico

            19.6.3. Rest of Latin America

    20. Competitive Landscape /Company Profile

        20.1. Company Share Analysis/ Brand Share Analysis, 2021

        20.2. Company Analysis for each player

    Company Overview, Company Footprints, Production Locations, Product Portfolio, Competitors & Customers, Subsidiaries & Parent Organization, Recent Developments, Financial Analysis, Profitability, Revenue Share

        20.3. Company Profile/Key Players

            20.3.1. ABB Ltd.

                20.3.1.1. Company Overview

                20.3.1.2. Company Footprints

                20.3.1.3. Production Locations

                20.3.1.4. Product Portfolio

                20.3.1.5. Competitors & Customers

                20.3.1.6. Subsidiaries & Parent Organization

                20.3.1.7. Recent Developments

                20.3.1.8. Financial Analysis

                20.3.1.9. Profitability

                20.3.1.10. Revenue Share

            20.3.2. Alcraft Motor Company

                20.3.2.1. Company Overview

                20.3.2.2. Company Footprints

                20.3.2.3. Production Locations

                20.3.2.4. Product Portfolio

                20.3.2.5. Competitors & Customers

                20.3.2.6. Subsidiaries & Parent Organization

                20.3.2.7. Recent Developments

                20.3.2.8. Financial Analysis

                20.3.2.9. Profitability

                20.3.2.10. Revenue Share

            20.3.3. Baic Motor

                20.3.3.1. Company Overview

                20.3.3.2. Company Footprints

                20.3.3.3. Production Locations

                20.3.3.4. Product Portfolio

                20.3.3.5. Competitors & Customers

                20.3.3.6. Subsidiaries & Parent Organization

                20.3.3.7. Recent Developments

                20.3.3.8. Financial Analysis

                20.3.3.9. Profitability

                20.3.3.10. Revenue Share

            20.3.4. BMW

                20.3.4.1. Company Overview

                20.3.4.2. Company Footprints

                20.3.4.3. Production Locations

                20.3.4.4. Product Portfolio

                20.3.4.5. Competitors & Customers

                20.3.4.6. Subsidiaries & Parent Organization

                20.3.4.7. Recent Developments

                20.3.4.8. Financial Analysis

                20.3.4.9. Profitability

                20.3.4.10. Revenue Share

            20.3.5. BYD

                20.3.5.1. Company Overview

                20.3.5.2. Company Footprints

                20.3.5.3. Production Locations

                20.3.5.4. Product Portfolio

                20.3.5.5. Competitors & Customers

                20.3.5.6. Subsidiaries & Parent Organization

                20.3.5.7. Recent Developments

                20.3.5.8. Financial Analysis

                20.3.5.9. Profitability

                20.3.5.10. Revenue Share

            20.3.6. Canoo

                20.3.6.1. Company Overview

                20.3.6.2. Company Footprints

                20.3.6.3. Production Locations

                20.3.6.4. Product Portfolio

                20.3.6.5. Competitors & Customers

                20.3.6.6. Subsidiaries & Parent Organization

                20.3.6.7. Recent Developments

                20.3.6.8. Financial Analysis

                20.3.6.9. Profitability

                20.3.6.10. Revenue Share

            20.3.7. Chery

                20.3.7.1. Company Overview

                20.3.7.2. Company Footprints

                20.3.7.3. Production Locations

                20.3.7.4. Product Portfolio

                20.3.7.5. Competitors & Customers

                20.3.7.6. Subsidiaries & Parent Organization

                20.3.7.7. Recent Developments

                20.3.7.8. Financial Analysis

                20.3.7.9. Profitability

                20.3.7.10. Revenue Share

            20.3.8. Continental AG

                20.3.8.1. Company Overview

                20.3.8.2. Company Footprints

                20.3.8.3. Production Locations

                20.3.8.4. Product Portfolio

                20.3.8.5. Competitors & Customers

                20.3.8.6. Subsidiaries & Parent Organization

                20.3.8.7. Recent Developments

                20.3.8.8. Financial Analysis

                20.3.8.9. Profitability

                20.3.8.10. Revenue Share

            20.3.9. Daimler

                20.3.9.1. Company Overview

                20.3.9.2. Company Footprints

                20.3.9.3. Production Locations

                20.3.9.4. Product Portfolio

                20.3.9.5. Competitors & Customers

                20.3.9.6. Subsidiaries & Parent Organization

                20.3.9.7. Recent Developments

                20.3.9.8. Financial Analysis

                20.3.9.9. Profitability

                20.3.9.10. Revenue Share

            20.3.10. Ford Motor Company

                20.3.10.1. Company Overview

                20.3.10.2. Company Footprints

                20.3.10.3. Production Locations

                20.3.10.4. Product Portfolio

                20.3.10.5. Competitors & Customers

                20.3.10.6. Subsidiaries & Parent Organization

                20.3.10.7. Recent Developments

                20.3.10.8. Financial Analysis

                20.3.10.9. Profitability

                20.3.10.10. Revenue Share

            20.3.11. Geely

                20.3.11.1. Company Overview

                20.3.11.2. Company Footprints

                20.3.11.3. Production Locations

                20.3.11.4. Product Portfolio

                20.3.11.5. Competitors & Customers

                20.3.11.6. Subsidiaries & Parent Organization

                20.3.11.7. Recent Developments

                20.3.11.8. Financial Analysis

                20.3.11.9. Profitability

                20.3.11.10. Revenue Share

            20.3.12. General Motors

                20.3.12.1. Company Overview

                20.3.12.2. Company Footprints

                20.3.12.3. Production Locations

                20.3.12.4. Product Portfolio

                20.3.12.5. Competitors & Customers

                20.3.12.6. Subsidiaries & Parent Organization

                20.3.12.7. Recent Developments

                20.3.12.8. Financial Analysis

                20.3.12.9. Profitability

                20.3.12.10. Revenue Share

            20.3.13. GWM

                20.3.13.1. Company Overview

                20.3.13.2. Company Footprints

                20.3.13.3. Production Locations

                20.3.13.4. Product Portfolio

                20.3.13.5. Competitors & Customers

                20.3.13.6. Subsidiaries & Parent Organization

                20.3.13.7. Recent Developments

                20.3.13.8. Financial Analysis

                20.3.13.9. Profitability

                20.3.13.10. Revenue Share

            20.3.14. Changan

                20.3.14.1. Company Overview

                20.3.14.2. Company Footprints

                20.3.14.3. Production Locations

                20.3.14.4. Product Portfolio

                20.3.14.5. Competitors & Customers

                20.3.14.6. Subsidiaries & Parent Organization

                20.3.14.7. Recent Developments

                20.3.14.8. Financial Analysis

                20.3.14.9. Profitability

                20.3.14.10. Revenue Share

            20.3.15. Leap Motor

                20.3.15.1. Company Overview

                20.3.15.2. Company Footprints

                20.3.15.3. Production Locations

                20.3.15.4. Product Portfolio

                20.3.15.5. Competitors & Customers

                20.3.15.6. Subsidiaries & Parent Organization

                20.3.15.7. Recent Developments

                20.3.15.8. Financial Analysis

                20.3.15.9. Profitability

                20.3.15.10. Revenue Share

            20.3.16. BAIC

                20.3.16.1. Company Overview

                20.3.16.2. Company Footprints

                20.3.16.3. Production Locations

                20.3.16.4. Product Portfolio

                20.3.16.5. Competitors & Customers

                20.3.16.6. Subsidiaries & Parent Organization

                20.3.16.7. Recent Developments

                20.3.16.8. Financial Analysis

                20.3.16.9. Profitability

                20.3.16.10. Revenue Share

            20.3.17. Hozon

                20.3.17.1. Company Overview

                20.3.17.2. Company Footprints

                20.3.17.3. Production Locations

                20.3.17.4. Product Portfolio

                20.3.17.5. Competitors & Customers

                20.3.17.6. Subsidiaries & Parent Organization

                20.3.17.7. Recent Developments

                20.3.17.8. Financial Analysis

                20.3.17.9. Profitability

                20.3.17.10. Revenue Share

            20.3.18. Hitachi Automotive Systems, Ltd.

                20.3.18.1. Company Overview

                20.3.18.2. Company Footprints

                20.3.18.3. Production Locations

                20.3.18.4. Product Portfolio

                20.3.18.5. Competitors & Customers

                20.3.18.6. Subsidiaries & Parent Organization

                20.3.18.7. Recent Developments

                20.3.18.8. Financial Analysis

                20.3.18.9. Profitability

                20.3.18.10. Revenue Share

            20.3.19. Honda Motor Co., Ltd.

                20.3.19.1. Company Overview

                20.3.19.2. Company Footprints

                20.3.19.3. Production Locations

                20.3.19.4. Product Portfolio

                20.3.19.5. Competitors & Customers

                20.3.19.6. Subsidiaries & Parent Organization

                20.3.19.7. Recent Developments

                20.3.19.8. Financial Analysis

                20.3.19.9. Profitability

                20.3.19.10. Revenue Share

            20.3.20. Hyundai

                20.3.20.1. Company Overview

                20.3.20.2. Company Footprints

                20.3.20.3. Production Locations

                20.3.20.4. Product Portfolio

                20.3.20.5. Competitors & Customers

                20.3.20.6. Subsidiaries & Parent Organization

                20.3.20.7. Recent Developments

                20.3.20.8. Financial Analysis

                20.3.20.9. Profitability

                20.3.20.10. Revenue Share

            20.3.21. JAC

                20.3.21.1. Company Overview

                20.3.21.2. Company Footprints

                20.3.21.3. Production Locations

                20.3.21.4. Product Portfolio

                20.3.21.5. Competitors & Customers

                20.3.21.6. Subsidiaries & Parent Organization

                20.3.21.7. Recent Developments

                20.3.21.8. Financial Analysis

                20.3.21.9. Profitability

                20.3.21.10. Revenue Share

            20.3.22. Kia Motors

                20.3.22.1. Company Overview

                20.3.22.2. Company Footprints

                20.3.22.3. Production Locations

                20.3.22.4. Product Portfolio

                20.3.22.5. Competitors & Customers

                20.3.22.6. Subsidiaries & Parent Organization

                20.3.22.7. Recent Developments

                20.3.22.8. Financial Analysis

                20.3.22.9. Profitability

                20.3.22.10. Revenue Share

            20.3.23. Lucid Motors

                20.3.23.1. Company Overview

                20.3.23.2. Company Footprints

                20.3.23.3. Production Locations

                20.3.23.4. Product Portfolio

                20.3.23.5. Competitors & Customers

                20.3.23.6. Subsidiaries & Parent Organization

                20.3.23.7. Recent Developments

                20.3.23.8. Financial Analysis

                20.3.23.9. Profitability

                20.3.23.10. Revenue Share

            20.3.24. Nidec Corp.

                20.3.24.1. Company Overview

                20.3.24.2. Company Footprints

                20.3.24.3. Production Locations

                20.3.24.4. Product Portfolio

                20.3.24.5. Competitors & Customers

                20.3.24.6. Subsidiaries & Parent Organization

                20.3.24.7. Recent Developments

                20.3.24.8. Financial Analysis

                20.3.24.9. Profitability

                20.3.24.10. Revenue Share

            20.3.25. Nissan Motor Corporation Ltd.

                20.3.25.1. Company Overview

                20.3.25.2. Company Footprints

                20.3.25.3. Production Locations

                20.3.25.4. Product Portfolio

                20.3.25.5. Competitors & Customers

                20.3.25.6. Subsidiaries & Parent Organization

                20.3.25.7. Recent Developments

                20.3.25.8. Financial Analysis

                20.3.25.9. Profitability

                20.3.25.10. Revenue Share

            20.3.26. Protean Electric

                20.3.26.1. Company Overview

                20.3.26.2. Company Footprints

                20.3.26.3. Production Locations

                20.3.26.4. Product Portfolio

                20.3.26.5. Competitors & Customers

                20.3.26.6. Subsidiaries & Parent Organization

                20.3.26.7. Recent Developments

                20.3.26.8. Financial Analysis

                20.3.26.9. Profitability

                20.3.26.10. Revenue Share

            20.3.27. REE Auto

                20.3.27.1. Company Overview

                20.3.27.2. Company Footprints

                20.3.27.3. Production Locations

                20.3.27.4. Product Portfolio

                20.3.27.5. Competitors & Customers

                20.3.27.6. Subsidiaries & Parent Organization

                20.3.27.7. Recent Developments

                20.3.27.8. Financial Analysis

                20.3.27.9. Profitability

                20.3.27.10. Revenue Share

            20.3.28. Rivian

                20.3.28.1. Company Overview

                20.3.28.2. Company Footprints

                20.3.28.3. Production Locations

                20.3.28.4. Product Portfolio

                20.3.28.5. Competitors & Customers

                20.3.28.6. Subsidiaries & Parent Organization

                20.3.28.7. Recent Developments

                20.3.28.8. Financial Analysis

                20.3.28.9. Profitability

                20.3.28.10. Revenue Share

            20.3.29. SAIC Motor

                20.3.29.1. Company Overview

                20.3.29.2. Company Footprints

                20.3.29.3. Production Locations

                20.3.29.4. Product Portfolio

                20.3.29.5. Competitors & Customers

                20.3.29.6. Subsidiaries & Parent Organization

                20.3.29.7. Recent Developments

                20.3.29.8. Financial Analysis

                20.3.29.9. Profitability

                20.3.29.10. Revenue Share

            20.3.30. SGMW

                20.3.30.1. Company Overview

                20.3.30.2. Company Footprints

                20.3.30.3. Production Locations

                20.3.30.4. Product Portfolio

                20.3.30.5. Competitors & Customers

                20.3.30.6. Subsidiaries & Parent Organization

                20.3.30.7. Recent Developments

                20.3.30.8. Financial Analysis

                20.3.30.9. Profitability

                20.3.30.10. Revenue Share

            20.3.31. Tesla Motors

                20.3.31.1. Company Overview

                20.3.31.2. Company Footprints

                20.3.31.3. Production Locations

                20.3.31.4. Product Portfolio

                20.3.31.5. Competitors & Customers

                20.3.31.6. Subsidiaries & Parent Organization

                20.3.31.7. Recent Developments

                20.3.31.8. Financial Analysis

                20.3.31.9. Profitability

                20.3.31.10. Revenue Share

            20.3.32. Toyota Motor Corporation

                20.3.32.1. Company Overview

                20.3.32.2. Company Footprints

                20.3.32.3. Production Locations

                20.3.32.4. Product Portfolio

                20.3.32.5. Competitors & Customers

                20.3.32.6. Subsidiaries & Parent Organization

                20.3.32.7. Recent Developments

                20.3.32.8. Financial Analysis

                20.3.32.9. Profitability

                20.3.32.10. Revenue Share

            20.3.33. Volkswagen

                20.3.33.1. Company Overview

                20.3.33.2. Company Footprints

                20.3.33.3. Production Locations

                20.3.33.4. Product Portfolio

                20.3.33.5. Competitors & Customers

                20.3.33.6. Subsidiaries & Parent Organization

                20.3.33.7. Recent Developments

                20.3.33.8. Financial Analysis

                20.3.33.9. Profitability

                20.3.33.10. Revenue Share

            20.3.34. Volvo

                20.3.34.1. Company Overview

                20.3.34.2. Company Footprints

                20.3.34.3. Production Locations

                20.3.34.4. Product Portfolio

                20.3.34.5. Competitors & Customers

                20.3.34.6. Subsidiaries & Parent Organization

                20.3.34.7. Recent Developments

                20.3.34.8. Financial Analysis

                20.3.34.9. Profitability

                20.3.34.10. Revenue Share

            20.3.35. Zotye

                20.3.35.1. Company Overview

                20.3.35.2. Company Footprints

                20.3.35.3. Production Locations

                20.3.35.4. Product Portfolio

                20.3.35.5. Competitors & Customers

                20.3.35.6. Subsidiaries & Parent Organization

                20.3.35.7. Recent Developments

                20.3.35.8. Financial Analysis

                20.3.35.9. Profitability

                20.3.35.10. Revenue Share

            20.3.36. Li Auto

                20.3.36.1. Company Overview

                20.3.36.2. Company Footprints

                20.3.36.3. Production Locations

                20.3.36.4. Product Portfolio

                20.3.36.5. Competitors & Customers

                20.3.36.6. Subsidiaries & Parent Organization

                20.3.36.7. Recent Developments

                20.3.36.8. Financial Analysis

                20.3.36.9. Profitability

                20.3.36.10. Revenue Share

            20.3.37. NIO

                20.3.37.1. Company Overview

                20.3.37.2. Company Footprints

                20.3.37.3. Production Locations

                20.3.37.4. Product Portfolio

                20.3.37.5. Competitors & Customers

                20.3.37.6. Subsidiaries & Parent Organization

                20.3.37.7. Recent Developments

                20.3.37.8. Financial Analysis

                20.3.37.9. Profitability

                20.3.37.10. Revenue Share

            20.3.38. XPeng

                20.3.38.1. Company Overview

                20.3.38.2. Company Footprints

                20.3.38.3. Production Locations

                20.3.38.4. Product Portfolio

                20.3.38.5. Competitors & Customers

                20.3.38.6. Subsidiaries & Parent Organization

                20.3.38.7. Recent Developments

                20.3.38.8. Financial Analysis

                20.3.38.9. Profitability

                20.3.38.10. Revenue Share

            20.3.39. Polestar

                20.3.39.1. Company Overview

                20.3.39.2. Company Footprints

                20.3.39.3. Production Locations

                20.3.39.4. Product Portfolio

                20.3.39.5. Competitors & Customers

                20.3.39.6. Subsidiaries & Parent Organization

                20.3.39.7. Recent Developments

                20.3.39.8. Financial Analysis

                20.3.39.9. Profitability

                20.3.39.10. Revenue Share

            20.3.40. Yadea

                20.3.40.1. Company Overview

                20.3.40.2. Company Footprints

                20.3.40.3. Production Locations

                20.3.40.4. Product Portfolio

                20.3.40.5. Competitors & Customers

                20.3.40.6. Subsidiaries & Parent Organization

                20.3.40.7. Recent Developments

                20.3.40.8. Financial Analysis

                20.3.40.9. Profitability

                20.3.40.10. Revenue Share

            20.3.41. Aima

                20.3.41.1. Company Overview

                20.3.41.2. Company Footprints

                20.3.41.3. Production Locations

                20.3.41.4. Product Portfolio

                20.3.41.5. Competitors & Customers

                20.3.41.6. Subsidiaries & Parent Organization

                20.3.41.7. Recent Developments

                20.3.41.8. Financial Analysis

                20.3.41.9. Profitability

                20.3.41.10. Revenue Share

            20.3.42. Tailg

                20.3.42.1. Company Overview

                20.3.42.2. Company Footprints

                20.3.42.3. Production Locations

                20.3.42.4. Product Portfolio

                20.3.42.5. Competitors & Customers

                20.3.42.6. Subsidiaries & Parent Organization

                20.3.42.7. Recent Developments

                20.3.42.8. Financial Analysis

                20.3.42.9. Profitability

                20.3.42.10. Revenue Share

            20.3.43. Luyuan

                20.3.43.1. Company Overview

                20.3.43.2. Company Footprints

                20.3.43.3. Production Locations

                20.3.43.4. Product Portfolio

                20.3.43.5. Competitors & Customers

                20.3.43.6. Subsidiaries & Parent Organization

                20.3.43.7. Recent Developments

                20.3.43.8. Financial Analysis

                20.3.43.9. Profitability

                20.3.43.10. Revenue Share

            20.3.44. Xinri

                20.3.44.1. Company Overview

                20.3.44.2. Company Footprints

                20.3.44.3. Production Locations

                20.3.44.4. Product Portfolio

                20.3.44.5. Competitors & Customers

                20.3.44.6. Subsidiaries & Parent Organization

                20.3.44.7. Recent Developments

                20.3.44.8. Financial Analysis

                20.3.44.9. Profitability

                20.3.44.10. Revenue Share

            20.3.45. Bajaj Auto

                20.3.45.1. Company Overview

                20.3.45.2. Company Footprints

                20.3.45.3. Production Locations

                20.3.45.4. Product Portfolio

                20.3.45.5. Competitors & Customers

                20.3.45.6. Subsidiaries & Parent Organization

                20.3.45.7. Recent Developments

                20.3.45.8. Financial Analysis

                20.3.45.9. Profitability

                20.3.45.10. Revenue Share

            20.3.46. Ola

                20.3.46.1. Company Overview

                20.3.46.2. Company Footprints

                20.3.46.3. Production Locations

                20.3.46.4. Product Portfolio

                20.3.46.5. Competitors & Customers

                20.3.46.6. Subsidiaries & Parent Organization

                20.3.46.7. Recent Developments

                20.3.46.8. Financial Analysis

                20.3.46.9. Profitability

                20.3.46.10. Revenue Share

            20.3.47. Hero Electric

                20.3.47.1. Company Overview

                20.3.47.2. Company Footprints

                20.3.47.3. Production Locations

                20.3.47.4. Product Portfolio

                20.3.47.5. Competitors & Customers

                20.3.47.6. Subsidiaries & Parent Organization

                20.3.47.7. Recent Developments

                20.3.47.8. Financial Analysis

                20.3.47.9. Profitability

                20.3.47.10. Revenue Share

            20.3.48. TVS Motors

                20.3.48.1. Company Overview

                20.3.48.2. Company Footprints

                20.3.48.3. Production Locations

                20.3.48.4. Product Portfolio

                20.3.48.5. Competitors & Customers

                20.3.48.6. Subsidiaries & Parent Organization

                20.3.48.7. Recent Developments

                20.3.48.8. Financial Analysis

                20.3.48.9. Profitability

                20.3.48.10. Revenue Share

            20.3.49. Okinawa

                20.3.49.1. Company Overview

                20.3.49.2. Company Footprints

                20.3.49.3. Production Locations

                20.3.49.4. Product Portfolio

                20.3.49.5. Competitors & Customers

                20.3.49.6. Subsidiaries & Parent Organization

                20.3.49.7. Recent Developments

                20.3.49.8. Financial Analysis

                20.3.49.9. Profitability

                20.3.49.10. Revenue Share

            20.3.50. Corvus UTV

                20.3.50.1. Company Overview

                20.3.50.2. Company Footprints

                20.3.50.3. Production Locations

                20.3.50.4. Product Portfolio

                20.3.50.5. Competitors & Customers

                20.3.50.6. Subsidiaries & Parent Organization

                20.3.50.7. Recent Developments

                20.3.50.8. Financial Analysis

                20.3.50.9. Profitability

                20.3.50.10. Revenue Share

    List of Tables

    Table 1: Global Electric Vehicle Market Volume (Units) Forecast, by Vehicle Type, 2017‒2031

    Table 2: Global Electric Vehicle Market Value (US$ Mn) Forecast, by Vehicle Type, 2017‒2031

    Table 3: Global Electric Vehicle Market Volume (Units) Forecast, by Application, 2017‒2031

    Table 4: Global Electric Vehicle Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Table 5: Global Electric Vehicle Market Volume (Units) Forecast, by Motor Type, 2017‒2031

    Table 6: Global Electric Vehicle Market Value (US$ Mn) Forecast, by Motor Type, 2017‒2031

    Table 7: Global Electric Vehicle Market Volume (Units) Forecast, by Propulsion Technology, 2017‒2031

    Table 8: Global Electric Vehicle Market Value (US$ Mn) Forecast, by Propulsion Technology, 2017‒2031

    Table 9: Global Electric Vehicle Market Volume (Units) Forecast, by Region, 2017‒2031

    Table 10: Global Electric Vehicle Market Value (US$ Mn) Forecast, by Region, 2017‒2031

    Table 11: North America Electric Vehicle Market Volume (Units) Forecast, by Vehicle Type, 2017‒2031

    Table 12: North America Electric Vehicle Market Value (US$ Mn) Forecast, by Vehicle Type, 2017‒2031

    Table 13: North America Electric Vehicle Market Volume (Units) Forecast, by Application, 2017‒2031

    Table 14: North America Electric Vehicle Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Table 15: North America Electric Vehicle Market Volume (Units) Forecast, by Motor Type, 2017‒2031

    Table 16: North America Electric Vehicle Market Value (US$ Mn) Forecast, by Motor Type, 2017‒2031

    Table 17: North America Electric Vehicle Market Volume (Units) Forecast, by Propulsion Technology, 2017‒2031

    Table 18: North America Electric Vehicle Market Value (US$ Mn) Forecast, by Propulsion Technology, 2017‒2031

    Table 19: North America Electric Vehicle Market Volume (Units) Forecast, by Country, 2017‒2031

    Table 20: North America Electric Vehicle Market Value (US$ Mn) Forecast, by Country, 2017‒2031

    Table 21: Europe Electric Vehicle Market Volume (Units) Forecast, by Vehicle Type, 2017‒2031

    Table 22: Europe Electric Vehicle Market Value (US$ Mn) Forecast, by Vehicle Type, 2017‒2031

    Table 23: Europe Electric Vehicle Market Volume (Units) Forecast, by Application, 2017‒2031

    Table 24: Europe Electric Vehicle Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Table 25: Europe Electric Vehicle Market Volume (Units) Forecast, by Motor Type, 2017‒2031

    Table 26: Europe Electric Vehicle Market Value (US$ Mn) Forecast, by Motor Type, 2017‒2031

    Table 27: Europe Electric Vehicle Market Volume (Units) Forecast, by Propulsion Technology, 2017‒2031

    Table 28: Europe Electric Vehicle Market Value (US$ Mn) Forecast, by Propulsion Technology, 2017‒2031

    Table 29: Europe Electric Vehicle Market Volume (Units) Forecast, by Country, 2017‒2031

    Table 30: Europe Electric Vehicle Market Value (US$ Mn) Forecast, by Country, 2017‒2031

    Table 31: Asia Pacific Electric Vehicle Market Volume (Units) Forecast, by Vehicle Type, 2017‒2031

    Table 32: Asia Pacific Electric Vehicle Market Value (US$ Mn) Forecast, by Vehicle Type, 2017‒2031

    Table 33: Asia Pacific Electric Vehicle Market Volume (Units) Forecast, by Application, 2017‒2031

    Table 34: Asia Pacific Electric Vehicle Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Table 35: Asia Pacific Electric Vehicle Market Volume (Units) Forecast, by Motor Type, 2017‒2031

    Table 36: Asia Pacific Electric Vehicle Market Value (US$ Mn) Forecast, by Motor Type, 2017‒2031

    Table 37: Asia Pacific Electric Vehicle Market Volume (Units) Forecast, by Propulsion Technology, 2017‒2031

    Table 38: Asia Pacific Electric Vehicle Market Value (US$ Mn) Forecast, by Propulsion Technology, 2017‒2031

    Table 39: Asia Pacific Electric Vehicle Market Volume (Units) Forecast, by Country, 2017‒2031

    Table 40: Asia Pacific Electric Vehicle Market Value (US$ Mn) Forecast, by Country, 2017‒2031

    Table 41: Middle East & Africa Electric Vehicle Market Volume (Units) Forecast, by Vehicle Type, 2017‒2031

    Table 42: Middle East & Africa Electric Vehicle Market Value (US$ Mn) Forecast, by Vehicle Type, 2017‒2031

    Table 43: Middle East & Africa Electric Vehicle Market Volume (Units) Forecast, by Application, 2017‒2031

    Table 44: Middle East & Africa Electric Vehicle Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Table 45: Middle East & Africa Electric Vehicle Market Volume (Units) Forecast, by Motor Type, 2017‒2031

    Table 46: Middle East & Africa Electric Vehicle Market Value (US$ Mn) Forecast, by Motor Type, 2017‒2031

    Table 47: Middle East & Africa Electric Vehicle Market Volume (Units) Forecast, by Propulsion Technology, 2017‒2031

    Table 48: Middle East & Africa Electric Vehicle Market Value (US$ Mn) Forecast, by Propulsion Technology, 2017‒2031

    Table 49: Middle East & Africa Electric Vehicle Market Volume (Units) Forecast, by Country, 2017‒2031

    Table 50: Middle East & Africa Electric Vehicle Market Value (US$ Mn) Forecast, by Country, 2017‒2031

    Table 51: Latin America Electric Vehicle Market Volume (Units) Forecast, by Vehicle Type, 2017‒2031

    Table 52: Latin America Electric Vehicle Market Value (US$ Mn) Forecast, by Vehicle Type, 2017‒2031

    Table 53: Latin America Electric Vehicle Market Volume (Units) Forecast, by Application, 2017‒2031

    Table 54: Latin America Electric Vehicle Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Table 55: Latin America Electric Vehicle Market Volume (Units) Forecast, by Motor Type, 2017‒2031

    Table 56: Latin America Electric Vehicle Market Value (US$ Mn) Forecast, by Motor Type, 2017‒2031

    Table 57: Latin America Electric Vehicle Market Volume (Units) Forecast, by Propulsion Technology, 2017‒2031

    Table 58: Latin America Electric Vehicle Market Value (US$ Mn) Forecast, by Propulsion Technology, 2017‒2031

    Table 59: Latin America Electric Vehicle Market Volume (Units) Forecast, by Country, 2017‒2031

    Table 60: Latin America Electric Vehicle Market Value (US$ Mn) Forecast, by Country, 2017‒2031

    List of Figures

    Figure 1: Global Electric Vehicle Market Volume (Units) Forecast, by Vehicle Type, 2017‒2031

    Figure 2: Global Electric Vehicle Market Value (US$ Mn) Forecast, by Vehicle Type, 2017‒2031

    Figure 3: Global Electric Vehicle Market, Incremental Opportunity, by Vehicle Type, Value (US$ Mn), 2022‒2031

    Figure 4: Global Electric Vehicle Market Volume (Units) Forecast, by Application, 2017‒2031

    Figure 5: Global Electric Vehicle Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Figure 6: Global Electric Vehicle Market, Incremental Opportunity, by Application, Value (US$ Mn), 2022‒2031

    Figure 7: Global Electric Vehicle Market Volume (Units) Forecast, by Motor Type, 2017‒2031

    Figure 8: Global Electric Vehicle Market Value (US$ Mn) Forecast, by Motor Type, 2017‒2031

    Figure 9: Global Electric Vehicle Market, Incremental Opportunity, by Motor Type, Value (US$ Mn), 2022‒2031

    Figure 10: Global Electric Vehicle Market Volume (Units) Forecast, by Propulsion Technology, 2017‒2031

    Figure 11: Global Electric Vehicle Market Value (US$ Mn) Forecast, by Propulsion Technology, 2017‒2031

    Figure 12: Global Electric Vehicle Market, Incremental Opportunity, by Propulsion Technology, Value (US$ Mn), 2022‒2031

    Figure 13: Global Electric Vehicle Market Volume (Units) Forecast, by Region, 2017‒2031

    Figure 14: Global Electric Vehicle Market Value (US$ Mn) Forecast, by Region, 2017‒2031

    Figure 15: Global Electric Vehicle Market, Incremental Opportunity, by Region, Value (US$ Mn), 2022‒2031

    Figure 16: North America Electric Vehicle Market Volume (Units) Forecast, by Vehicle Type, 2017‒2031

    Figure 17: North America Electric Vehicle Market Value (US$ Mn) Forecast, by Vehicle Type, 2017‒2031

    Figure 18: North America Electric Vehicle Market, Incremental Opportunity, by Vehicle Type, Value (US$ Mn), 2022‒2031

    Figure 19: North America Electric Vehicle Market Volume (Units) Forecast, by Application, 2017‒2031

    Figure 20: North America Electric Vehicle Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Figure 21: North America Electric Vehicle Market, Incremental Opportunity, by Application, Value (US$ Mn), 2022‒2031

    Figure 22: North America Electric Vehicle Market Volume (Units) Forecast, by Motor Type, 2017‒2031

    Figure 23: North America Electric Vehicle Market Value (US$ Mn) Forecast, by Motor Type, 2017‒2031

    Figure 24: North America Electric Vehicle Market, Incremental Opportunity, by Motor Type, Value (US$ Mn), 2022‒2031

    Figure 25: North America Electric Vehicle Market Volume (Units) Forecast, by Propulsion Technology, 2017‒2031

    Figure 26: North America Electric Vehicle Market Value (US$ Mn) Forecast, by Propulsion Technology, 2017‒2031

    Figure 27: North America Electric Vehicle Market, Incremental Opportunity, by Propulsion Technology, Value (US$ Mn), 2022‒2031

    Figure 28: North America Electric Vehicle Market Volume (Units) Forecast, by Country, 2017‒2031

    Figure 29: North America Electric Vehicle Market Value (US$ Mn) Forecast, by Country, 2017‒2031

    Figure 30: North America Electric Vehicle Market, Incremental Opportunity, by Country, Value (US$ Mn), 2022‒2031

    Figure 31: Europe Electric Vehicle Market Volume (Units) Forecast, by Vehicle Type, 2017‒2031

    Figure 32: Europe Electric Vehicle Market Value (US$ Mn) Forecast, by Vehicle Type, 2017‒2031

    Figure 33: Europe Electric Vehicle Market, Incremental Opportunity, by Vehicle Type, Value (US$ Mn), 2022‒2031

    Figure 34: Europe Electric Vehicle Market Volume (Units) Forecast, by Application, 2017‒2031

    Figure 35: Europe Electric Vehicle Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Figure 36: Europe Electric Vehicle Market, Incremental Opportunity, by Application, Value (US$ Mn), 2022‒2031

    Figure 37: Europe Electric Vehicle Market Volume (Units) Forecast, by Motor Type, 2017‒2031

    Figure 38: Europe Electric Vehicle Market Value (US$ Mn) Forecast, by Motor Type, 2017‒2031

    Figure 39: Europe Electric Vehicle Market, Incremental Opportunity, by Motor Type, Value (US$ Mn), 2022‒2031

    Figure 40: Europe Electric Vehicle Market Volume (Units) Forecast, by Propulsion Technology, 2017‒2031

    Figure 41: Europe Electric Vehicle Market Value (US$ Mn) Forecast, by Propulsion Technology, 2017‒2031

    Figure 42: Europe Electric Vehicle Market, Incremental Opportunity, by Propulsion Technology, Value (US$ Mn), 2022‒2031

    Figure 43: Europe Electric Vehicle Market Volume (Units) Forecast, by Country, 2017‒2031

    Figure 44: Europe Electric Vehicle Market Value (US$ Mn) Forecast, by Country, 2017‒2031

    Figure 45: Europe Electric Vehicle Market, Incremental Opportunity, by Country, Value (US$ Mn), 2022‒2031

    Figure 46: Asia Pacific Electric Vehicle Market Volume (Units) Forecast, by Vehicle Type, 2017‒2031

    Figure 47: Asia Pacific Electric Vehicle Market Value (US$ Mn) Forecast, by Vehicle Type, 2017‒2031

    Figure 48: Asia Pacific Electric Vehicle Market, Incremental Opportunity, by Vehicle Type, Value (US$ Mn), 2022‒2031

    Figure 49: Asia Pacific Electric Vehicle Market Volume (Units) Forecast, by Application, 2017‒2031

    Figure 50: Asia Pacific Electric Vehicle Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Figure 51: Asia Pacific Electric Vehicle Market, Incremental Opportunity, by Application, Value (US$ Mn), 2022‒2031

    Figure 52: Asia Pacific Electric Vehicle Market Volume (Units) Forecast, by Motor Type, 2017‒2031

    Figure 53: Asia Pacific Electric Vehicle Market Value (US$ Mn) Forecast, by Motor Type, 2017‒2031

    Figure 54: Asia Pacific Electric Vehicle Market, Incremental Opportunity, by Motor Type, Value (US$ Mn), 2022‒2031

    Figure 55: Asia Pacific Electric Vehicle Market Volume (Units) Forecast, by Propulsion Technology, 2017‒2031

    Figure 56: Asia Pacific Electric Vehicle Market Value (US$ Mn) Forecast, by Propulsion Technology, 2017‒2031

    Figure 57: Asia Pacific Electric Vehicle Market, Incremental Opportunity, by Propulsion Technology, Value (US$ Mn), 2022‒2031

    Figure 58: Asia Pacific Electric Vehicle Market Volume (Units) Forecast, by Country, 2017‒2031

    Figure 59: Asia Pacific Electric Vehicle Market Value (US$ Mn) Forecast, by Country, 2017‒2031

    Figure 60: Asia Pacific Electric Vehicle Market, Incremental Opportunity, by Country, Value (US$ Mn), 2022‒2031

    Figure 61: Middle East & Africa Electric Vehicle Market Volume (Units) Forecast, by Vehicle Type, 2017‒2031

    Figure 62: Middle East & Africa Electric Vehicle Market Value (US$ Mn) Forecast, by Vehicle Type, 2017‒2031

    Figure 63: Middle East & Africa Electric Vehicle Market, Incremental Opportunity, by Vehicle Type, Value (US$ Mn), 2022‒2031

    Figure 64: Middle East & Africa Electric Vehicle Market Volume (Units) Forecast, by Application, 2017‒2031

    Figure 65: Middle East & Africa Electric Vehicle Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Figure 66: Middle East & Africa Electric Vehicle Market, Incremental Opportunity, by Application, Value (US$ Mn), 2022‒2031

    Figure 67: Middle East & Africa Electric Vehicle Market Volume (Units) Forecast, by Motor Type, 2017‒2031

    Figure 68: Middle East & Africa Electric Vehicle Market Value (US$ Mn) Forecast, by Motor Type, 2017‒2031

    Figure 69: Middle East & Africa Electric Vehicle Market, Incremental Opportunity, by Motor Type, Value (US$ Mn), 2022‒2031

    Figure 70: Middle East & Africa Electric Vehicle Market Volume (Units) Forecast, by Propulsion Technology, 2017‒2031

    Figure 71: Middle East & Africa Electric Vehicle Market Value (US$ Mn) Forecast, by Propulsion Technology, 2017‒2031

    Figure 72: Middle East & Africa Electric Vehicle Market, Incremental Opportunity, by Propulsion Technology, Value (US$ Mn), 2022‒2031

    Figure 73: Middle East & Africa Electric Vehicle Market Volume (Units) Forecast, by Country, 2017‒2031

    Figure 74: Middle East & Africa Electric Vehicle Market Value (US$ Mn) Forecast, by Country, 2017‒2031

    Figure 75: Middle East & Africa Electric Vehicle Market, Incremental Opportunity, by Country, Value (US$ Mn), 2022‒2031

    Figure 76: Latin America Electric Vehicle Market Volume (Units) Forecast, by Vehicle Type, 2017‒2031

    Figure 77: Latin America Electric Vehicle Market Value (US$ Mn) Forecast, by Vehicle Type, 2017‒2031

    Figure 78: Latin America Electric Vehicle Market, Incremental Opportunity, by Vehicle Type, Value (US$ Mn), 2022‒2031

    Figure 79: Latin America Electric Vehicle Market Volume (Units) Forecast, by Application, 2017‒2031

    Figure 80: Latin America Electric Vehicle Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Figure 81: Latin America Electric Vehicle Market, Incremental Opportunity, by Application, Value (US$ Mn), 2022‒2031

    Figure 82: Latin America Electric Vehicle Market Volume (Units) Forecast, by Motor Type, 2017‒2031

    Figure 83: Latin America Electric Vehicle Market Value (US$ Mn) Forecast, by Motor Type, 2017‒2031

    Figure 84: Latin America Electric Vehicle Market, Incremental Opportunity, by Motor Type, Value (US$ Mn), 2022‒2031

    Figure 85: Latin America Electric Vehicle Market Volume (Units) Forecast, by Propulsion Technology, 2017‒2031

    Figure 86: Latin America Electric Vehicle Market Value (US$ Mn) Forecast, by Propulsion Technology, 2017‒2031

    Figure 87: Latin America Electric Vehicle Market, Incremental Opportunity, by Propulsion Technology, Value (US$ Mn), 2022‒2031

    Figure 88: Latin America Electric Vehicle Market Volume (Units) Forecast, by Country, 2017‒2031

    Figure 89: Latin America Electric Vehicle Market Value (US$ Mn) Forecast, by Country, 2017‒2031

    Figure 90: Latin America Electric Vehicle Market, Incremental Opportunity, by Country, Value (US$ Mn), 2022‒2031

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