COVID-19 Impact on EV and EV Infrastructure Market by Vehicle (Passenger Cars and Commercial Vehicles), Propulsion (BEV, PHEV and FCEV), Charging Station (Normal and Super) and Region - Global Forecast to 2021
“Heavy investments from automakers in EVs and encouraging government policies & subsidies are significant factors for the growth of the electric vehicle market globally.”
Post COVID-19, the global electric vehicle and electric vehicle infrastructure market is projected to reach 4.18 million units by 2021 from an estimated 3.42 million units in 2020, at a CAGR of 22.1%. The projection for 2021 is expected to be down by 34% as compared to pre-COVID estimation.
The electric vehicle market has witnessed rapid evolution with ongoing developments in the automotive sector. Favorable government policies & support in terms of subsidies & grants, tax rebates, and other non-financial benefits in the form of carpool lane access and new car registration (specifically in China where ICE vehicle registration are banned in some urban areas) are the primary factors driving the growth of the market.
“Increasing adoption of electric buses likely to propel the growth of commercial vehicles during the forecast period.”
Commercial vehicles are expected to be the fastest-growing segment within the market. Increasing adoption of electric buses, particularly in China and India, has contributed to the growth of the electric commercial vehicle segment. Several countries are expected to replace their existing fuel-based bus fleet with electric buses, which will, in turn, drive the growth of commercial electric vehicles during the forecast period. Additionally, the growth of e-commerce, logistics, and shared mobility will drive the growth of commercial electric vehicles during the forecast period.
“Charging station market for electric vehicles to grow at the highest CAGR between 2020 and 2021.”
The COVID-19 outbreak and the draconian measures deployed in China resulted in extensive disruptions to economic activities, which delivered a hard blow to the economy. Thus, most governments from affected regions have resorted to infrastructure rehabilitation as an economic stimulus method. The electric vehicle charging infrastructure sector has had a minimal impact from COVID-19. For instance, the Chinese government has announced stimulation packages toward boosting the development of a network of electric vehicle charging stations. Increased focus on EV charging infrastructure means the sector could see exponential growth in what is already a hot market.
“The Asia Pacific market is expected to register the fastest growth during the forecast period.”
The Asia Pacific market is expected to witness the fastest growth, followed by Europe and North America. The automotive industry in countries such as China, Japan, and South Korea is inclined toward innovation, technology, and the development of advanced electric vehicles. The increasing demand for reducing carbon emission and the development of more sophisticated and fast charging stations are expected to propel the growth of electric vehicles. BYD, BAIC, Chery, and SAIC, among others, are some of the key players in the Asia Pacific electric vehicle market.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
Research Coverage:
This report covers the COVID-19 impact on the electric vehicle and electric vehicle infrastructure market based on electric vehicle type, propulsion type, charging station type, and geography. A detailed analysis of the key industry players has been done to provide insights into their business, products, and services, and key strategies associated with the electric vehicle market
Key Benefits of Buying the Report:
Post COVID-19, the global electric vehicle and electric vehicle infrastructure market is projected to reach 4.18 million units by 2021 from an estimated 3.42 million units in 2020, at a CAGR of 22.1%. The projection for 2021 is expected to be down by 34% as compared to pre-COVID estimation.
The electric vehicle market has witnessed rapid evolution with ongoing developments in the automotive sector. Favorable government policies & support in terms of subsidies & grants, tax rebates, and other non-financial benefits in the form of carpool lane access and new car registration (specifically in China where ICE vehicle registration are banned in some urban areas) are the primary factors driving the growth of the market.
“Increasing adoption of electric buses likely to propel the growth of commercial vehicles during the forecast period.”
Commercial vehicles are expected to be the fastest-growing segment within the market. Increasing adoption of electric buses, particularly in China and India, has contributed to the growth of the electric commercial vehicle segment. Several countries are expected to replace their existing fuel-based bus fleet with electric buses, which will, in turn, drive the growth of commercial electric vehicles during the forecast period. Additionally, the growth of e-commerce, logistics, and shared mobility will drive the growth of commercial electric vehicles during the forecast period.
“Charging station market for electric vehicles to grow at the highest CAGR between 2020 and 2021.”
The COVID-19 outbreak and the draconian measures deployed in China resulted in extensive disruptions to economic activities, which delivered a hard blow to the economy. Thus, most governments from affected regions have resorted to infrastructure rehabilitation as an economic stimulus method. The electric vehicle charging infrastructure sector has had a minimal impact from COVID-19. For instance, the Chinese government has announced stimulation packages toward boosting the development of a network of electric vehicle charging stations. Increased focus on EV charging infrastructure means the sector could see exponential growth in what is already a hot market.
“The Asia Pacific market is expected to register the fastest growth during the forecast period.”
The Asia Pacific market is expected to witness the fastest growth, followed by Europe and North America. The automotive industry in countries such as China, Japan, and South Korea is inclined toward innovation, technology, and the development of advanced electric vehicles. The increasing demand for reducing carbon emission and the development of more sophisticated and fast charging stations are expected to propel the growth of electric vehicles. BYD, BAIC, Chery, and SAIC, among others, are some of the key players in the Asia Pacific electric vehicle market.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
- By Company Type: Tier I - 38%, Tier II - 37%, and Tier OEM - 25%
- By Designation: C Level - 30%, D Level - 50%, and Others - 20%
- By Region: North America - 31%, Europe - 32%, and Asia Pacific - 37%
Research Coverage:
This report covers the COVID-19 impact on the electric vehicle and electric vehicle infrastructure market based on electric vehicle type, propulsion type, charging station type, and geography. A detailed analysis of the key industry players has been done to provide insights into their business, products, and services, and key strategies associated with the electric vehicle market
Key Benefits of Buying the Report:
- Illustrative segmentation, analysis, and forecast pertaining to the electric vehicle market based on vehicle type, propulsion type, charging station type, and geography have been conducted to provide an overall view of the electric vehicle ecosystem considering detailed impact analysis of COVID-19
- This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies considering the detailed impact analysis of COVID-19.
1 INTRODUCTION
1.1 COVID-19 HEALTH ASSESSMENT
1.2 COVID-19 ECONOMIC ASSESSMENT
1.2.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT
2 MARKET OVERVIEW
2.1 INTRODUCTION
2.2 INSIGHTS ON EV SALES - 2020 Q1 WITH COVID-19 PANDEMIC EFFECT
2.3 ELECTRIC VEHICLE – AN OVERALL ECOSYSTEM
2.3.1 ELECTRIC VEHICLE ECOSYSTEM AND INDICATION OF IMPACT OF COVID-19 ON ECOSYSTEM
2.3.2 COMPANIES FROM ELECTRIC VEHICLE ECOSYSTEM & IMPACT ANALYSIS OF COVID-19 ON THEM
2.3.2.1 COVID-19: Company-specific developments (product/use cases, shift in short/long term strategies, geo-specific, partners)
2.4 MACRO-ECONOMIC INDICATORS
2.4.1 SHORT TERM DRIVERS
2.4.1.1 Constrained demand and availability of raw materials for battery
2.4.2 SHORT TERM RESTRAINTS
2.4.2.1 Impending economic downturn and the collapse of oil prices, making the future of EV sales uncertain
3 COVID-19 IMPACT ON ELECTRIC VEHICLE ECOSYSTEM
3.1 INTRODUCTION
3.1.1 RESEARCH METHODOLOGY
3.1.2 BOTTOM-UP APPROACH FOR ELECTRIC VEHICLE CHARGING MARKET
3.1.3 ASSUMPTIONS AND DEFINITIONS
3.2 COVID-19 IMPACT ON ELECTRIC VEHICLE ECOSYSTEM
3.2.1 REALISTIC SCENARIO: FORECAST 2020-2021
3.2.2 PESSIMISTIC SCENARIO: FORECAST 2020-2021
3.2.3 OPTIMISTIC SCENARIO: FORECAST 2020-2021
3.2.4 COVID-19 IMPACT ON GLOBAL ELECTRIC PASSENGER CAR MARKET
3.2.4.1 Presence of industry leaders like tesla and BYD to drive the segment
3.2.5 COVID-19 IMPACT ON GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET
3.2.5.1 Nationwide lockdown across the world would lead to sluggish growth of the segment
3.2.6 ELECTRIC VEHICLE CHARGING INFRASTRUCTURE
3.2.6.1 Government efforts to recover from covid-19 by stimulating charging infrastructure to drive the segment
3.2.7 BIGGEST GAINERS AND LOSERS - ELECTRIC VEHICLE ECOSYSTEM MARKET
3.2.7.1 Biggest gainers: EV charging infrastructure
3.2.7.2 Biggest gainers: Electric vehicle component – batteries raw materials
3.2.7.3 Biggest losers: OEMs spread across regions with high EV demand
4 COVID-19 IMPACT ON ELECTRIC VEHICLE MARKET, BY COUNTRY
4.1 INTRODUCTION
4.2 ASIA OCEANIA
4.2.1 CHINA
4.2.2 INDIA
4.3 EUROPE
4.3.1 GERMANY
4.3.2 FRANCE
4.3.3 NORWAY
4.3.4 SPAIN
4.4 NORTH AMERICA
5 COMPETITIVE LANDSCAPE AND COVID-19
5.1 INTRODUCTION
5.1.1 LONG-TERM IMPACT ON ELECTRIC VEHICLE COMPANIES & THEIR ECOSYSTEM
5.1.2 COVID-19: CURRENT STATUS AND UPCOMING CHALLENGES
5.1.3 COVID-19: LONG TERM IMPACT
5.2 RIGHT TO WIN DURING COVID-19 PERIOD
5.2.1 STRATEGIC ALLIANCES DURING COVID-19
5.2.2 A NEW LINE OF BUSINESS EMERGE: EV CHARGING EQUIPMENT AND SERVICES
5.2.3 STRATEGIC INVESTMENT DURING COVID-19
5.2.4 WINNING STRATEGIES TO GAIN THE MARKET MOMENTUM
5.2.5 TESLA’S STRATEGIES ON GAINING THE MARKET MOMENTUM
6 CONSUMER TREND OUTLOOK
6.1 INTRODUCTION
6.2 DISCONNECT FROM THE CONSUMERS
6.2.1 AUTOMAKERS DISCONNECTED FROM THE MARKET
6.2.2 DIFFICULT TO SUSTAIN WITH LIMITED CAPITAL LIQUIDITY DURING COVID-19
6.2.3 CONSUMER TRENDS – MIRED EV ADOPTION
6.3 CONNECT WITH THE CONSUMERS
6.3.1 CHINESE AUTOMAKERS ARE LOOKING FOR NOVEL WAYS TO REACH CUSTOMERS
7 COVID-19 IMPACT ON ELECTRIC VEHICLE AND ELECTRIC VEHICLE INFRASTRUCTURE: KEY FINDINGS AND CONCLUSION
7.1 INTRODUCTION
7.2 PANDEMIC IMPACT ON ELECTRIC VEHICLE INDUSTRY
7.3 ELECTRIC VEHICLE INDUSTRY RELIES ON GOVERNMENT SUPPORT AMID COVID-19
7.4 HURDLES IN ADOPTION OF ELECTRIC VEHICLES
7.5 FINAL VERDICT: COVID-19 OUTBREAK POISED TO STRENGTHEN EV MOMENTUM
8 APPENDIX
8.1 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
8.2 AUTHOR DETAILS
1.1 COVID-19 HEALTH ASSESSMENT
1.2 COVID-19 ECONOMIC ASSESSMENT
1.2.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT
2 MARKET OVERVIEW
2.1 INTRODUCTION
2.2 INSIGHTS ON EV SALES - 2020 Q1 WITH COVID-19 PANDEMIC EFFECT
2.3 ELECTRIC VEHICLE – AN OVERALL ECOSYSTEM
2.3.1 ELECTRIC VEHICLE ECOSYSTEM AND INDICATION OF IMPACT OF COVID-19 ON ECOSYSTEM
2.3.2 COMPANIES FROM ELECTRIC VEHICLE ECOSYSTEM & IMPACT ANALYSIS OF COVID-19 ON THEM
2.3.2.1 COVID-19: Company-specific developments (product/use cases, shift in short/long term strategies, geo-specific, partners)
2.4 MACRO-ECONOMIC INDICATORS
2.4.1 SHORT TERM DRIVERS
2.4.1.1 Constrained demand and availability of raw materials for battery
2.4.2 SHORT TERM RESTRAINTS
2.4.2.1 Impending economic downturn and the collapse of oil prices, making the future of EV sales uncertain
3 COVID-19 IMPACT ON ELECTRIC VEHICLE ECOSYSTEM
3.1 INTRODUCTION
3.1.1 RESEARCH METHODOLOGY
3.1.2 BOTTOM-UP APPROACH FOR ELECTRIC VEHICLE CHARGING MARKET
3.1.3 ASSUMPTIONS AND DEFINITIONS
3.2 COVID-19 IMPACT ON ELECTRIC VEHICLE ECOSYSTEM
3.2.1 REALISTIC SCENARIO: FORECAST 2020-2021
3.2.2 PESSIMISTIC SCENARIO: FORECAST 2020-2021
3.2.3 OPTIMISTIC SCENARIO: FORECAST 2020-2021
3.2.4 COVID-19 IMPACT ON GLOBAL ELECTRIC PASSENGER CAR MARKET
3.2.4.1 Presence of industry leaders like tesla and BYD to drive the segment
3.2.5 COVID-19 IMPACT ON GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET
3.2.5.1 Nationwide lockdown across the world would lead to sluggish growth of the segment
3.2.6 ELECTRIC VEHICLE CHARGING INFRASTRUCTURE
3.2.6.1 Government efforts to recover from covid-19 by stimulating charging infrastructure to drive the segment
3.2.7 BIGGEST GAINERS AND LOSERS - ELECTRIC VEHICLE ECOSYSTEM MARKET
3.2.7.1 Biggest gainers: EV charging infrastructure
3.2.7.2 Biggest gainers: Electric vehicle component – batteries raw materials
3.2.7.3 Biggest losers: OEMs spread across regions with high EV demand
4 COVID-19 IMPACT ON ELECTRIC VEHICLE MARKET, BY COUNTRY
4.1 INTRODUCTION
4.2 ASIA OCEANIA
4.2.1 CHINA
4.2.2 INDIA
4.3 EUROPE
4.3.1 GERMANY
4.3.2 FRANCE
4.3.3 NORWAY
4.3.4 SPAIN
4.4 NORTH AMERICA
5 COMPETITIVE LANDSCAPE AND COVID-19
5.1 INTRODUCTION
5.1.1 LONG-TERM IMPACT ON ELECTRIC VEHICLE COMPANIES & THEIR ECOSYSTEM
5.1.2 COVID-19: CURRENT STATUS AND UPCOMING CHALLENGES
5.1.3 COVID-19: LONG TERM IMPACT
5.2 RIGHT TO WIN DURING COVID-19 PERIOD
5.2.1 STRATEGIC ALLIANCES DURING COVID-19
5.2.2 A NEW LINE OF BUSINESS EMERGE: EV CHARGING EQUIPMENT AND SERVICES
5.2.3 STRATEGIC INVESTMENT DURING COVID-19
5.2.4 WINNING STRATEGIES TO GAIN THE MARKET MOMENTUM
5.2.5 TESLA’S STRATEGIES ON GAINING THE MARKET MOMENTUM
6 CONSUMER TREND OUTLOOK
6.1 INTRODUCTION
6.2 DISCONNECT FROM THE CONSUMERS
6.2.1 AUTOMAKERS DISCONNECTED FROM THE MARKET
6.2.2 DIFFICULT TO SUSTAIN WITH LIMITED CAPITAL LIQUIDITY DURING COVID-19
6.2.3 CONSUMER TRENDS – MIRED EV ADOPTION
6.3 CONNECT WITH THE CONSUMERS
6.3.1 CHINESE AUTOMAKERS ARE LOOKING FOR NOVEL WAYS TO REACH CUSTOMERS
7 COVID-19 IMPACT ON ELECTRIC VEHICLE AND ELECTRIC VEHICLE INFRASTRUCTURE: KEY FINDINGS AND CONCLUSION
7.1 INTRODUCTION
7.2 PANDEMIC IMPACT ON ELECTRIC VEHICLE INDUSTRY
7.3 ELECTRIC VEHICLE INDUSTRY RELIES ON GOVERNMENT SUPPORT AMID COVID-19
7.4 HURDLES IN ADOPTION OF ELECTRIC VEHICLES
7.5 FINAL VERDICT: COVID-19 OUTBREAK POISED TO STRENGTHEN EV MOMENTUM
8 APPENDIX
8.1 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
8.2 AUTHOR DETAILS
LIST OF TABLES
TABLE 1 REALISTIC SCENARIO: COVID-19 IMPACT ON ELECTRIC VEHICLE ECOSYSTEM MARKET, 2018-2021 (MILLION UNITS)
TABLE 2 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON ELECTRIC VEHICLE ECOSYSTEM MARKET, 2018 - 2021 (MILLION UNITS)
TABLE 3 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON ELECTRIC VEHICLE ECOSYSTEM MARKET, 2018 - 2021 (MILLION UNITS)
TABLE 4 COVID-19 IMPACT ON ELECTRIC PASSENGER CAR MARKET, BY REGION, 2018–2021 (MILLION UNITS) WITH REALISTIC SCENARIO
TABLE 5 COVID-19 IMPACT ON ELECTRIC COMMERCIAL VEHICLE MARKET, BY REGION, 2018–2021 (UNITS) WITH REALISTIC SCENARIO
TABLE 6 COVID-19 IMPACT ON ELECTRIC COMMERCIAL VEHICLE MARKET, BY VEHICLE TYPE, 2018–2021 (UNITS) WITH REALISTIC SCENARIO
TABLE 7 COVID-19 IMPACT ON ELECTRIC BUS MARKET, BY REGION, 2018–2021 (UNITS) WITH REALISTIC SCENARIO
TABLE 8 COVID-19 IMPACT ON ELECTRIC TRUCK MARKET, BY REGION, 2018–2021 (UNITS)
TABLE 9 COVID-19 IMPACT ON NORMAL CHARGING STATIONS, BY REGION, 2018–2021 (MILLION UNITS)
TABLE 10 COVID-19 IMPACT ON SUPER CHARGING STATIONS, BY REGION, 2018–2021 (MILLION UNITS)
TABLE 11 ASIA OCEANIA: COVID-19 IMPACT ON ELECTRIC VEHICLE MARKET, BY COUNTRY, 2018–2021 (MILLION UNITS)
TABLE 12 CHINA: COVID-19 IMPACT ON ELECTRIC PASSENGER CAR MARKET, BY PROPULSION TYPE, 2018–2021 (UNITS)
TABLE 13 INDIA: COVID-19 IMPACT ON ELECTRIC PASSENGER CAR MARKET, BY PROPULSION TYPE, 2018–2021 (UNITS)
TABLE 14 EUROPE: COVID-19 IMPACT ON ELECTRIC VEHICLE MARKET, BY COUNTRY, 2018–2021 (‘000 UNITS)
TABLE 15 GERMANY: COVID-19 IMPACT ON ELECTRIC PASSENGER CAR MARKET, BY PROPULSION TYPE, 2018–2021 (UNITS)
TABLE 16 FRANCE: COVID-19 IMPACT ON ELECTRIC PASSENGER CAR MARKET, BY PROPULSION TYPE, 2018–2021 (USD BILLION)
TABLE 17 NORWAY: COVID-19 IMPACT ON ELECTRIC PASSENGER CAR MARKET, BY PROPULSION TYPE, 2018–2021 (UNITS)
TABLE 18 SPAIN: COVID-19 ON IMPACT ELECTRIC PASSENGER CAR MARKET, BY PROPULSION TYPE, 2018–2021 (UNITS)
TABLE 19 US: COVID-19 IMPACT ON ELECTRIC PASSENGER CAR MARKET, BY PROPULSION TYPE, 2018–2021 (‘000 UNITS)
TABLE 1 REALISTIC SCENARIO: COVID-19 IMPACT ON ELECTRIC VEHICLE ECOSYSTEM MARKET, 2018-2021 (MILLION UNITS)
TABLE 2 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON ELECTRIC VEHICLE ECOSYSTEM MARKET, 2018 - 2021 (MILLION UNITS)
TABLE 3 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON ELECTRIC VEHICLE ECOSYSTEM MARKET, 2018 - 2021 (MILLION UNITS)
TABLE 4 COVID-19 IMPACT ON ELECTRIC PASSENGER CAR MARKET, BY REGION, 2018–2021 (MILLION UNITS) WITH REALISTIC SCENARIO
TABLE 5 COVID-19 IMPACT ON ELECTRIC COMMERCIAL VEHICLE MARKET, BY REGION, 2018–2021 (UNITS) WITH REALISTIC SCENARIO
TABLE 6 COVID-19 IMPACT ON ELECTRIC COMMERCIAL VEHICLE MARKET, BY VEHICLE TYPE, 2018–2021 (UNITS) WITH REALISTIC SCENARIO
TABLE 7 COVID-19 IMPACT ON ELECTRIC BUS MARKET, BY REGION, 2018–2021 (UNITS) WITH REALISTIC SCENARIO
TABLE 8 COVID-19 IMPACT ON ELECTRIC TRUCK MARKET, BY REGION, 2018–2021 (UNITS)
TABLE 9 COVID-19 IMPACT ON NORMAL CHARGING STATIONS, BY REGION, 2018–2021 (MILLION UNITS)
TABLE 10 COVID-19 IMPACT ON SUPER CHARGING STATIONS, BY REGION, 2018–2021 (MILLION UNITS)
TABLE 11 ASIA OCEANIA: COVID-19 IMPACT ON ELECTRIC VEHICLE MARKET, BY COUNTRY, 2018–2021 (MILLION UNITS)
TABLE 12 CHINA: COVID-19 IMPACT ON ELECTRIC PASSENGER CAR MARKET, BY PROPULSION TYPE, 2018–2021 (UNITS)
TABLE 13 INDIA: COVID-19 IMPACT ON ELECTRIC PASSENGER CAR MARKET, BY PROPULSION TYPE, 2018–2021 (UNITS)
TABLE 14 EUROPE: COVID-19 IMPACT ON ELECTRIC VEHICLE MARKET, BY COUNTRY, 2018–2021 (‘000 UNITS)
TABLE 15 GERMANY: COVID-19 IMPACT ON ELECTRIC PASSENGER CAR MARKET, BY PROPULSION TYPE, 2018–2021 (UNITS)
TABLE 16 FRANCE: COVID-19 IMPACT ON ELECTRIC PASSENGER CAR MARKET, BY PROPULSION TYPE, 2018–2021 (USD BILLION)
TABLE 17 NORWAY: COVID-19 IMPACT ON ELECTRIC PASSENGER CAR MARKET, BY PROPULSION TYPE, 2018–2021 (UNITS)
TABLE 18 SPAIN: COVID-19 ON IMPACT ELECTRIC PASSENGER CAR MARKET, BY PROPULSION TYPE, 2018–2021 (UNITS)
TABLE 19 US: COVID-19 IMPACT ON ELECTRIC PASSENGER CAR MARKET, BY PROPULSION TYPE, 2018–2021 (‘000 UNITS)
LIST OF FIGURES
FIGURE 1 COVID-19: THE GLOBAL PROPAGATION
FIGURE 2 COVID-19 PROPAGATION: SELECT COUNTRIES
FIGURE 3 COUNTRIES BEGIN WITH SIMILAR TRAJECTORIES BUT CURVES DEVIATE BASED
ON MEASURES TAKEN
FIGURE 4 REVISED GDP FORECASTS FOR SELECT G20 COUNTRIES IN 2020
FIGURE 5 CRITERIA IMPACTING THE GLOBAL ECONOMY
FIGURE 6 SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY
FIGURE 7 ELECTRIC VEHICLE ECOSYSTEM
FIGURE 8 COVID-19 IMPACT ON ELECTRIC VEHICLE ECOSYSTEM
FIGURE 9 IMPACT ON ELECTRIC VEHICLE OEMS
FIGURE 10 IMPACT ON CRITICAL COMPONENTS SUPPLIERS (SUCH AS BATTERY)
FIGURE 11 IMPACT ON ELECTRIC VEHICLE CHARGING INFRASTRUCTURE PROVIDERS
FIGURE 12 MARKET SIZE ESTIMATION METHODOLOGY FOR THE ELECTRIC VEHICLE MARKET: BOTTOM-UP APPROACH
FIGURE 13 REALISTIC SCENARIO: COVID-19 IMPACT ON ELECTRIC VEHICLE ECOSYSTEM MARKET, 2020 VS. 2021 (MILLION UNITS)
FIGURE 14 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON ELECTRIC VEHICLE ECOSYSTEM MARKET, 2020 VS. 2021 (MILLION UNITS)
FIGURE 15 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON ELECTRIC VEHICLE ECOSYSTEM MARKET, 2020 VS. 2021 (MILLION UNITS)
FIGURE 16 COVID-19 IMPACT ON ELECTRIC PASSENGER CAR MARKET, COMPARISON WITH MARKET SCENARIOS, 2020 VS. 2021 (MILLION UNITS)
FIGURE 17 COVID-19 IMPACT ON ELECTRIC PASSENGER CAR MARKET, REALISTIC MARKET SCENARIO, 2019 – 2021 (MILLION UNITS)
FIGURE 18 COVID-19 IMPACT ON ELECTRIC PASSENGER CAR MARKET, REALISTIC SCENARIO, BY REGION, 2019 – 2021 (MILLION UNITS)
FIGURE 19 COVID-19 IMPACT ON ELECTRIC COMMERCIAL VEHICLE MARKET, COMPARISON WITH MARKET SCENARIOS, 2020 VS. 2021 (MILLION UNITS)
FIGURE 20 COVID-19 IMPACT ON ELECTRIC COMMERCIAL VEHICLE MARKET, REALISTIC MARKET SCENARIO, 2019 – 2021 (MILLION UNITS)
FIGURE 21 COVID-19 IMPACT ON ELECTRIC COMMERCIAL VEHICLE MARKET, REALISTIC SCENARIO, BY REGION, 2019 – 2021 (MILLION UNITS)
FIGURE 22 COVID-19 IMPACT ON ELECTRIC BUS MARKET, COMPARISON WITH MARKET SCENARIOS, 2020 VS. 2021 (MILLION UNITS)
FIGURE 23 COVID-19 IMPACT ON ELECTRIC BUS MARKET, REALISTIC SCENARIO, 2019 – 2021 (MILLION UNITS)
FIGURE 24 COVID-19 IMPACT ON ELECTRIC TRUCK MARKET, COMPARISON WITH MARKET SCENARIOS, 2020 VS. 2021 (UNITS)
FIGURE 25 COVID-19 IMPACT ON ELECTRIC TRUCK MARKET, REALISTIC SCENARIO, 2019 – 2021 (UNITS)
FIGURE 26 ELECTRIC VEHICLE CHARGING INFRASTRUCTURE MARKET, BY CHARGING STATION TYPE, 2020 VS 2021 (UNITS)
FIGURE 27 COVID-19 IMPACT ON ELECTRIC VEHICLE MARKET WITH AND WITHOUT COVID-19, BY COUNTRY, (MILLION UNITS)
FIGURE 28 ASIA OCEANIA: ELECTRIC VEHICLE MARKET WITH COVID-19 IMPACT, BY COUNTRY, 2020 VS. 2021 (MILLION UNITS)
FIGURE 29 EUROPE: COVID-19 IMPACT ON ELECTRIC VEHICLE MARKET, BY COUNTRY, 2020 VS. 2021 (‘000 UNITS)
FIGURE 30 LONG TERM IMPACT OF COVID-19 ON ELECTRIC VEHICLE INDUSTRY
FIGURE 1 COVID-19: THE GLOBAL PROPAGATION
FIGURE 2 COVID-19 PROPAGATION: SELECT COUNTRIES
FIGURE 3 COUNTRIES BEGIN WITH SIMILAR TRAJECTORIES BUT CURVES DEVIATE BASED
ON MEASURES TAKEN
FIGURE 4 REVISED GDP FORECASTS FOR SELECT G20 COUNTRIES IN 2020
FIGURE 5 CRITERIA IMPACTING THE GLOBAL ECONOMY
FIGURE 6 SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY
FIGURE 7 ELECTRIC VEHICLE ECOSYSTEM
FIGURE 8 COVID-19 IMPACT ON ELECTRIC VEHICLE ECOSYSTEM
FIGURE 9 IMPACT ON ELECTRIC VEHICLE OEMS
FIGURE 10 IMPACT ON CRITICAL COMPONENTS SUPPLIERS (SUCH AS BATTERY)
FIGURE 11 IMPACT ON ELECTRIC VEHICLE CHARGING INFRASTRUCTURE PROVIDERS
FIGURE 12 MARKET SIZE ESTIMATION METHODOLOGY FOR THE ELECTRIC VEHICLE MARKET: BOTTOM-UP APPROACH
FIGURE 13 REALISTIC SCENARIO: COVID-19 IMPACT ON ELECTRIC VEHICLE ECOSYSTEM MARKET, 2020 VS. 2021 (MILLION UNITS)
FIGURE 14 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON ELECTRIC VEHICLE ECOSYSTEM MARKET, 2020 VS. 2021 (MILLION UNITS)
FIGURE 15 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON ELECTRIC VEHICLE ECOSYSTEM MARKET, 2020 VS. 2021 (MILLION UNITS)
FIGURE 16 COVID-19 IMPACT ON ELECTRIC PASSENGER CAR MARKET, COMPARISON WITH MARKET SCENARIOS, 2020 VS. 2021 (MILLION UNITS)
FIGURE 17 COVID-19 IMPACT ON ELECTRIC PASSENGER CAR MARKET, REALISTIC MARKET SCENARIO, 2019 – 2021 (MILLION UNITS)
FIGURE 18 COVID-19 IMPACT ON ELECTRIC PASSENGER CAR MARKET, REALISTIC SCENARIO, BY REGION, 2019 – 2021 (MILLION UNITS)
FIGURE 19 COVID-19 IMPACT ON ELECTRIC COMMERCIAL VEHICLE MARKET, COMPARISON WITH MARKET SCENARIOS, 2020 VS. 2021 (MILLION UNITS)
FIGURE 20 COVID-19 IMPACT ON ELECTRIC COMMERCIAL VEHICLE MARKET, REALISTIC MARKET SCENARIO, 2019 – 2021 (MILLION UNITS)
FIGURE 21 COVID-19 IMPACT ON ELECTRIC COMMERCIAL VEHICLE MARKET, REALISTIC SCENARIO, BY REGION, 2019 – 2021 (MILLION UNITS)
FIGURE 22 COVID-19 IMPACT ON ELECTRIC BUS MARKET, COMPARISON WITH MARKET SCENARIOS, 2020 VS. 2021 (MILLION UNITS)
FIGURE 23 COVID-19 IMPACT ON ELECTRIC BUS MARKET, REALISTIC SCENARIO, 2019 – 2021 (MILLION UNITS)
FIGURE 24 COVID-19 IMPACT ON ELECTRIC TRUCK MARKET, COMPARISON WITH MARKET SCENARIOS, 2020 VS. 2021 (UNITS)
FIGURE 25 COVID-19 IMPACT ON ELECTRIC TRUCK MARKET, REALISTIC SCENARIO, 2019 – 2021 (UNITS)
FIGURE 26 ELECTRIC VEHICLE CHARGING INFRASTRUCTURE MARKET, BY CHARGING STATION TYPE, 2020 VS 2021 (UNITS)
FIGURE 27 COVID-19 IMPACT ON ELECTRIC VEHICLE MARKET WITH AND WITHOUT COVID-19, BY COUNTRY, (MILLION UNITS)
FIGURE 28 ASIA OCEANIA: ELECTRIC VEHICLE MARKET WITH COVID-19 IMPACT, BY COUNTRY, 2020 VS. 2021 (MILLION UNITS)
FIGURE 29 EUROPE: COVID-19 IMPACT ON ELECTRIC VEHICLE MARKET, BY COUNTRY, 2020 VS. 2021 (‘000 UNITS)
FIGURE 30 LONG TERM IMPACT OF COVID-19 ON ELECTRIC VEHICLE INDUSTRY
