Electric Vehicle Market Size & Share, by Propulsion (BEV, PHEV, ECEV); Components (Motor, Reducer); Vehicle Class (Low-priced, Mid-priced, Luxury); Speed (>100 MPH, 100 - 125 MPH, <125 MPH); Drive Type (Front, Rear); Vehicle Type (Passenger Cars, Commercial Vehicles) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2033

  • Report ID: 4476
  • Published Date: Feb 13, 2023
  • Report Format: PDF, PPT

Companies Dominating the Electric Vehicle Landscape

    • Toyota Motor Corporation
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • BYD Motors Inc.
    • Mercedes-Benz Group AG
    • Ford Motor Company
    • General Motors
    • Nissan Group
    • Tesla
    • Volkswagen AG
    • Renault Group
    • Hino Motors, Ltd.

Browse Key Market Insights with Data Illustration:


In The News

  • BYD Motors Inc. along with Hino Motors, Ltd. has entered into an agreement to set up a new company for commercial battery electric vehicles (BEVs) development.

  • Toyota Motor Corporation has launched Toyota Bz in newly established series of battery electric vehicles (BEVs), following the establishment of electrified vehicles.

Author Credits:  Harshita Srivastava, Saima Khursheed

  • Report ID: 4476
  • Published Date: Feb 13, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The rising demand of electric vehicles by the burgeoning population and increased concerns regarding environmental protection is expected to fuel the market growth.

The market is anticipated to attain a CAGR of ~20% over the forecast period, i.e., 2023-2033.

The high costs of end product along with the increased need of investments and assets along non presence of standardization among nations is expected to hamper the market growth.

The market in Asia Pacific is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are Toyota Motor Corporation, BYD Motors Inc., Mercedes-Benz Group AG, Ford Motor Company, General Motors, Nissan Group, Tesla, Volkswagen AG, Renault Group, Hino Motors, Ltd., and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by propulsion, components, vehicle class, speed, drive type, vehicle type, and by region.

The passenger cars segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
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