Asia-Pacific electric vehicle market was valued at USD 101.81 billion in 2021 and is expected to reach the value of USD 576.45 billion by 2029, at a CAGR of 24.20% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

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The electric vehicle market is segmented on the basis of component, propulsion type, charging station type, class, power train, and vehicle type. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Component

  • Battery Cells & Packs
  • On-Board Charger
  • Infotainment System
  • Others

Propulsion Type

  • Plug-In Hybrid Electric Vehicles (PHEVs)
  • Battery Electric Vehicles (BEVs)
  • Hybrid electric vehicles (HEVs)
  • Fuel cell electric vehicles (FCEVs)

Charging station type

  • Normal Charging
  • Super Charging

Class

  • Mid-Priced
  • Luxury

Power train

  • Parallel Hybrid
  • Series Hybrid
  • Combined Hybrid

Vehicle Type

  • Passenger Cars
  • Two Wheelers
  • Commercial Vehicles

 Recent Development

  • In April 2021, BYD launched four new electric vehicle models equipped with Blade batteries in Chongqing. The new vehicle models with advanced battery safety features are the Qin plus EV, E2 2021, Tang EV, and Song plus EV.
  • In April 2021 Volkswagen debuted the 7-seater EV ID.6 Crozz and ID.6 X in China, alongside FAW and SAIC. The vehicles are available in two battery sizes, 58 kWh and 77 kWh, as well as four powertrain configurations.

 

 

Highlight of Table of Content:

  • Chapter 1: Market overview
  • Chapter 2: Asia-Pacific Electric Vehicle Market Analysis
  • Chapter 3: Regional analysis of the Asia-Pacific Electric Vehicle Market
  • Chapter 4: Market segmentation based on types and applications
  • Chapter 5: Revenue analysis based on types and applications
  • Chapter 6: Market share
  • Chapter 7: Competitive Landscape
  • Chapter 8: Drivers, Restraints, Challenges, and Opportunities
  • Chapter 9: Gross Margin and Price Analysis

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Some of the major players operating in the electric vehicle market are:

  • Ford Motor Company (U.S.)
  • General Motors (U.S.)
  • AUDI AG (Germany)
  • Kia Motors Corporation (South Korea)
  • Groupe Renault (France)
  • Groupe PSA (France)
  • SAIC Motor Corporation Limited (China)
  • Tesla (U.S.)
  • Daimler AG (Germany)
  • BMW AG (Germany)
  • Hyundai Motor Company (South Korea)
  • BYD Company Ltd. (China)
  • Continental AG (Germany)
  • TOYOTA MOTOR CORPORATION (Japan)
  • Nissan Motor Co., LTD. (Japan)
  • Volkswagen AG (Germany)
  • AB Volvo (Sweden)
  • Honda Motor Co., Ltd. (Japan)

Profound Questions Answered in this Report:

  • What is the growth rate of various stages in the value chain of the industry?
  • Which region has the highest growth rate and size of the emerging market by value in 2022?
  • Who are the competitive players in Asia-Pacific Electric Vehicle Market?
  • Which region has the largest share and degree of competition in the industry?
  • What is the CAGR of the market during the forecast period 2022 to 2029?
  • Which region is expected to hold the highest market share for the market?
  • What is the main driver of the Asia-Pacific Electric Vehicle Market?
  • What is sales volume, revenue, and price analysis of top players of the market?
  • What are the market opportunities and threats faced by the vendors in the industry?
  • What has been the impact of COVID-19 on the Asia-Pacific Electric Vehicle Market?

 

 

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