Market Overview:
This report presents an extensive evaluation of the Europe Electric Personal Car Market, focusing on historical data from 2017 to 2020 while offering detailed forecasts for the period between 2022 to 2027. The analysis encompasses various aspects, including market Size, Share, Growth, Analysis, Trends and competitive insights.
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Table of Contents (Europe Electric Personal Car Market)
- Executive Summary
- Market Definition & Research Methodology
- Market Dynamics: Drivers, Challenge, Trend and Opportunities
- Segment Analysis and Geographical Breakdown
- Competitive Landscape & Strategic Initiatives
- Regulatory Environment & Policy Factors
- Growth Forecast Model (2022–2027)
- Appendix: Company Profiles, Data Sources, Methodology
What’s covered in the report?
Key Trends in the Europe Electric Personal Car Market
As concerns over air pollution & emission on human health & environment are mounting rapidly alongside the hiking prices of fuels, the governments of different countries across Europe are imposing stringent emission limitations. Such norms are principally for decarbonization & to encourage the adoption of cleaner & cost-effective alternatives.
Hence, the demand for Electric Vehicles replacing Internal Combustion Engines (ICE) is mounting rapidly across Europe and positively influencing the market growth. Besides, constant developments in batteries for EVs to bring higher efficiency to cars are further stimulating the market across Europe through 2027.
- According to the European Battery Alliance (EBA), the region is set to become the world’s biggest lithium-ion battery cell maker by the end of 2025 & shall have a direct & positive influence on the EV market.
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Leading players of Europe Electric Personal Car Market including:
- MercedesBenz Group AG
- Stellantis N.V.
- Volkswagen AG
- Groupe Renault
- Hyundai Motor Company
- Tesla Motors
- BYD Company Ltd.
- Ford Motor
- Alcraft Motor Company Ltd.
- Toyota Motor
- Bayerische Motoren Werke AG (BMW)
- Others
Europe Electric Personal Car Market Segmentation:
- By Type
- Hatchback
- Sedan
- SUV
- By Propulsion Type
- Battery Electric Vehicle (BEV)
- Plug-in Hybrid Electric Vehicle (PHEV)
- Hybrid Electric Vehicle (HEV)
- Fuel Cell Electric Vehicle (FCEV)
Battery Electric Vehicle dominated the Europe Electric Personal Car Market with the largest share in the previous years and is set to continue the same trend during the forecast period.
- By Battery Type
- Lithium Ion
- Nickel-Metal Hydride Battery
- Others (Lead-Acid Batteries, Nickel-Cadmium Battery, etc.)
- By Country
- The UK
- Germany
- Italy
- France
- Spain
- Sweden
- Poland
- The Netherlands
- Rest of Europe
The Netherlands is projected to prevail in its mighty contribution to the market expansion during the forecast period.
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Key Highlights of MarkNtel Advisors’ Research Methodology
- MarkNtel Advisors uses a robust methodology for accurate market analysis.
- Research objectives are clearly defined with tailored methodologies for clients.
- A representative sample is selected to ensure reliable data collection.
- Data analysis includes cleaning, statistical evaluations, and validation checks.
- Predictive modeling forecasts trends, and reports include strategic recommendations.
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