Global Electric Vehicles Market to Surpass the USD 100 Billion Mark by 2020, Forecasts New Renub Research Study Available at

27 Apr 2016 • by Natalie Aster

LONDON – Hybrid electric vehicles lead the world’s market for electric vehicles. However, they may be dethroned by battery electric vehicles in the years to come.

Toyota is the number one player in this space; it is followed by such players as Tesla, Renault-Nissan and Mitsubishi.

Environmental friendliness, high economic benefits and tax benefits (in such countries as the USA, Canada, Norway, etc.) are amid major factors driving growth of the global marketplace. In the meantime, high prices and charging infrastructure are key challenges.

The global marketplace is expected to be worth over USD 100 billon by 2020.

New research report “Global Electric Vehicles Market & Volume (Plug-in, Battery, Hybrid, Fuel Cell) Motors” prepared by Renub Research offers a deep insight into a state of the world’s market for electric vehicles. The study provides a bird’s eye view of the marketplace. It analyzes the market on the basis of technology and estimates volume shares.

Data on company sales shares and volume sales shares can be found in the report, too. The research study casts light on technological segments and focuses on global electric vehicle volume, with historical data as well as projected figures being included.

The research report covers sales trends and investigates market drivers. Challenges the marketplace faces are also explored in the study.

Report Highlights:

  • insightful overview of the marketplace;
  • information on market segments;
  • coverage of the marketplace on the basis of the technological segment;
  • insights into the competitive landscape;
  • historical data;
  • forecast figures;
  • and more.

Other Markets Scrutinized by the Publisher Include:

More new studies by this publisher can be found at Renub Research page


The Market Publishers, Ltd.
Natalie Aster
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