Europe Automotive High Performance Electric Vehicle Market size was valued US$ XX Mn in 2019 and the total revenue is expected to grow at XX% through 2020 to 2027, reaching US$ XX Mn.
Europe Automotive High Performance Electric Vehicle Market:
Automotive High Performance Electric Vehicle can be distinguished from other electric vehicle on aspects, containing longer range of distance i.e., over 150 miles in a single charge, high acceleration, & their ability to attain a speed of over 90 miles/ hour with faster acceleration of 0 to 60 miles/hour. However purely electric vehicles have some limitations, usually counting with lower range & higher weight.
Increasing adoption of EVs, the technology & infrastructure to charge them is developing as well. In several European countries, public sector has taken the lead in installing infrastructure where PHEV & BEV drivers can plug in to charge. EV charging has some marked differences from conventional ICE refueling, and as a result, drivers show a different charging behavior. Technological developments improving the driving range of BEVs, as well as an increasing availability and speed of charging infrastructure, could change charging behavior and the need for charging infrastructure in the future.
The rise in growth of electric mobility is an important development for the power sector. While the adoption of EVs can provide new opportunities like creating additional electricity sales for utilities & a demand for charging infrastructure and related services the charging of EVs at a large scale can also create challenges for local distribution grids & their operators, if not properly managed. A growing adoption of electric mobility would coincide with other trends that put higher requirements on the grid and power system, such as the increasing share of renewables and distributed generation, as well as demands for increasing energy efficiency.
Subsidies, tax breaks, & special driving privileges:
Many European governments & cities (e.g., Norway, Denmark, the Netherlands, France, UK, as well as Oslo, Amsterdam, Paris, and London) are incentivizing consumers to opt for electric mobility, each with their own schemes. Norway is the most generous, offering a broad package of subsidies amounting to ~EUR 17,000 when compared to the purchase of a compact class ICE car; UK pays back to buyers a onetime premium of GPB 4,000-7,000 (based on purchasing price) for all vehicles emitting less than 75 g/km.
Another element of EV demand stimulus is tax breaks. Purchase, lease, & road taxes are among the burdens being eased by governments to make EVs a more attractive alternative to consumers. For instance, in the Netherlands, the income tax addition for full electric lease cars was 0% in 2013 and 4% in 2014. Other benefits offered by governments (mostly cities) include the use of special driving lanes, preferential or free parking, & waiving of toll fees.
The objective of the report is to present a comprehensive analysis of the Europe Automotive High Performance Electric Vehicle Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Europe Automotive High Performance Electric Vehicle Market dynamics, structure by analyzing the market segments and project the Europe Automotive High Performance Electric Vehicle Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Europe Automotive High Performance Electric Vehicle Market make the report investor’s guide.
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Europe Automotive High Performance Electric Vehicle Market, By Drive Type
• Plug-in Hybrid
• Pure Electric
Europe Automotive High Performance Electric Vehicle Market, By Vehicle Type
• Passenger Car
• Commercial Vehicle
Europe Automotive High Performance Electric Vehicle Market Key Players
• General Motors
• Tesla Motors
Table of Contents
Europe Automotive High Performance Electric Vehicle Market
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.3. Research Methodology
2.3.1. Secondary Research
22.214.171.124. Secondary data
126.96.36.199. Secondary Sources
2.3.2. Primary Research
188.8.131.52. Data from Primary Sources
184.108.40.206. Breakdown of Primary Sources
3. Executive Summary: Europe Automotive High Performance Electric Vehicle Market Size, by Market Value (US$ Mn)
4. Market Overview
4.2. Market Indicator
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies
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Maximize Market Research provides B2B and B2C market research on 20,000 high growth emerging technologies & opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Name: Vikas Godage
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