Electric Van Market by Range (up to 100 miles, 100-200 miles, & above 200 miles), Battery Capacity (up to 50 kWh & above 50 kWh), Battery Type, Propulsion (BEV, FCEV, & PHEV), End Use and Region - Global Forecast to 2030
The electric van market is projected to reach 1,082.9 thousand units by 2030 from 106.8 thousand units in 2022, at a CAGR of 33.6% from 2022 to 2030. The increasing focus of countries on promoting the electrification of mass transit solutions due to increased concerns over pollution and government support in terms of subsidies and grants are propelling the growth of the electric van market.
“Reduction in battery prices”
Research is underway to increase the pack size of batteries to support a range of electric vans and reduce costs. The research focuses on conventional lithium-ion, advanced lithium-ion using an intermetallic anode (silicon alloy composite), and future advanced lithium-ion (lithium metal, including lithium-sulfur) batteries. In addition, companies are developing innovative battery technologies to stay competitive in the industry. For instance, ElectRoad’s battery allows EVs to use very small and inexpensive batteries only for acceleration. Since the battery is only used for about 6% of the vehicle running time, it can increase the battery life by several years. Advancements in technology have also enabled wireless charging while driving, which is a dynamic charging technology that can also help reduce vehicle weight and optimize energy use. In April 2022, NITI Aayog, a policy think tank of the Government of India, announced its plan to reduce the goods and services tax on lithium-ion batteries from 18% to 5%.
“Lower emission compared to other vehicles”
The use of fuel cells in electric vans has resulted in the provision of reliable power for up to 18 hours with no emissions except water vapor. FCEVs use pure hydrogen as fuel. The residue of hydrogen fuel is only water and heat. Hence, no harmful substances, such as greenhouse gases and particulate matter, are emitted by these vehicles. The reduction of greenhouse gases through the use of FCEVs acts as a growth driver for the overall automotive fuel cell market. Fuels such as diesel and gasoline emit greenhouse gases such as CO2, CO, NOx, and hydrocarbons (HC). These gases and particulate matters lead to climate change and global warming. CO2 emissions from a gallon of gasoline and diesel are 8,887 g CO2/gallon and 10,180 g CO2/gallon, respectively. Hence, using hydrogen power energy not only for transportation but also for commercial and industrial purposes would reduce greenhouse gas emissions significantly. FCEVs are among the cleanest fuel vehicles on the market.
“Implementation of stringent emission norms and environmental regulations”
The stringent regulations formulated for the reduction of C02 emissions are expected to transform the automotive sector in India, China, and Japan over the next decade. While automotive OEMs are focusing on the electrification of vehicles, consumers are becoming more aware of the impact of vehicular emissions on the environment. Governments are also taking effective measures, such as tax subsidies, to promote the adoption of electric vehicles. Hence, the electric van market will grow. As indicated by the WHO, a significant reason for deaths has been air contamination. Governments around the world are robustly putting resources into infrastructural advancements to diminish ozone-depleting substances and lower air pollutions, which are achieved through the framing of stringent government regulations over vehicle emissions. For instance, in India, the budget for FY2021 includes a scrappage policy which would help encourage the adoption of greener vehicles. The growth of the electric vehicle market is expected to offer new opportunities for electric van manufacturers. Thus, the shift towards electric vehicles is expected to facilitate the growth of the electric van market in the coming years.
The study contains insights from various industry experts, ranging from component suppliers to tier-1 companies and OEMs. The break-up of the primaries is as follows:
Research Coverage
In this report, the electric van market has been segmented into three major regions, namely, North America, Europe, and Asia Pacific. The report estimates the size of the electric van market, by volume, based on range (up to 100 miles, 100-200 miles, and above 200 miles), battery type (nickel manganese cobalt, lithium-ion, and others), battery capacity (up to 50 kWh and above 50 kWh), propulsion (BEV, FCEV, and PHEV), and end use (last mile delivery, distribution services, field services, and refrigerated services).
Key Benefits of Buying the Report:
“Reduction in battery prices”
Research is underway to increase the pack size of batteries to support a range of electric vans and reduce costs. The research focuses on conventional lithium-ion, advanced lithium-ion using an intermetallic anode (silicon alloy composite), and future advanced lithium-ion (lithium metal, including lithium-sulfur) batteries. In addition, companies are developing innovative battery technologies to stay competitive in the industry. For instance, ElectRoad’s battery allows EVs to use very small and inexpensive batteries only for acceleration. Since the battery is only used for about 6% of the vehicle running time, it can increase the battery life by several years. Advancements in technology have also enabled wireless charging while driving, which is a dynamic charging technology that can also help reduce vehicle weight and optimize energy use. In April 2022, NITI Aayog, a policy think tank of the Government of India, announced its plan to reduce the goods and services tax on lithium-ion batteries from 18% to 5%.
“Lower emission compared to other vehicles”
The use of fuel cells in electric vans has resulted in the provision of reliable power for up to 18 hours with no emissions except water vapor. FCEVs use pure hydrogen as fuel. The residue of hydrogen fuel is only water and heat. Hence, no harmful substances, such as greenhouse gases and particulate matter, are emitted by these vehicles. The reduction of greenhouse gases through the use of FCEVs acts as a growth driver for the overall automotive fuel cell market. Fuels such as diesel and gasoline emit greenhouse gases such as CO2, CO, NOx, and hydrocarbons (HC). These gases and particulate matters lead to climate change and global warming. CO2 emissions from a gallon of gasoline and diesel are 8,887 g CO2/gallon and 10,180 g CO2/gallon, respectively. Hence, using hydrogen power energy not only for transportation but also for commercial and industrial purposes would reduce greenhouse gas emissions significantly. FCEVs are among the cleanest fuel vehicles on the market.
“Implementation of stringent emission norms and environmental regulations”
The stringent regulations formulated for the reduction of C02 emissions are expected to transform the automotive sector in India, China, and Japan over the next decade. While automotive OEMs are focusing on the electrification of vehicles, consumers are becoming more aware of the impact of vehicular emissions on the environment. Governments are also taking effective measures, such as tax subsidies, to promote the adoption of electric vehicles. Hence, the electric van market will grow. As indicated by the WHO, a significant reason for deaths has been air contamination. Governments around the world are robustly putting resources into infrastructural advancements to diminish ozone-depleting substances and lower air pollutions, which are achieved through the framing of stringent government regulations over vehicle emissions. For instance, in India, the budget for FY2021 includes a scrappage policy which would help encourage the adoption of greener vehicles. The growth of the electric vehicle market is expected to offer new opportunities for electric van manufacturers. Thus, the shift towards electric vehicles is expected to facilitate the growth of the electric van market in the coming years.
The study contains insights from various industry experts, ranging from component suppliers to tier-1 companies and OEMs. The break-up of the primaries is as follows:
- By Company Type: OEMs - 57%, Tier 1 – 29%, Tier 2 - 14%
- By Designation: CXOs - 54%, Directors - 32%, Others - 14%
- By Region: Asia Pacific- 28%, Europe - 43%, North America - 29%
Research Coverage
In this report, the electric van market has been segmented into three major regions, namely, North America, Europe, and Asia Pacific. The report estimates the size of the electric van market, by volume, based on range (up to 100 miles, 100-200 miles, and above 200 miles), battery type (nickel manganese cobalt, lithium-ion, and others), battery capacity (up to 50 kWh and above 50 kWh), propulsion (BEV, FCEV, and PHEV), and end use (last mile delivery, distribution services, field services, and refrigerated services).
Key Benefits of Buying the Report:
- The report will help market leaders/new entrants in this market with information on the closest approximations of revenue and volume numbers for the electric van market and its subsegments.
- 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.
- The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 ELECTRIC VAN MARKET, BY END USE
1.2.2 ELECTRIC VAN MARKET, BY PROPULSION
1.2.3 ELECTRIC VAN MARKET, BY BATTERY TYPE
1.3 ELECTRIC VAN MARKET: INCLUSIONS AND EXCLUSIONS
1.4 MARKET SCOPE
1.4.1 MARKETS COVERED
FIGURE 1 MARKET SEGMENTATION
1.4.2 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
TABLE 1 CURRENCY EXCHANGE RATES (PER USD)
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 ELECTRIC VAN MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.1.2 List of secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 List of participating companies for primary research
2.1.2.3 Key industry insights
2.1.2.4 Breakdown of primary interviews
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY, DESIGNATION, AND REGION
2.2 MARKET SIZE ESTIMATION
FIGURE 4 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
2.2.1 BOTTOM-UP APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY FOR ELECTRIC VAN MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY FOR ELECTRIC VAN MARKET: TOP-DOWN APPROACH
2.3 FACTOR ANALYSIS
2.3.1 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES
2.4 DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION
2.5 ASSUMPTIONS
2.6 RISK ASSESSMENT
2.7 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
FIGURE 8 ELECTRIC VAN MARKET: MARKET DYNAMICS
FIGURE 9 ELECTRIC VAN MARKET, BY REGION, 2022 VS. 2030 (UNITS)
FIGURE 10 ELECTRIC VAN MARKET, BY PROPULSION, 2022 VS. 2030 (UNITS)
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ELECTRIC VAN MARKET
FIGURE 11 INCREASED GOVERNMENT SUBSIDIES FOR ELECTRIC VEHICLES TO DRIVE ELECTRIC VAN MARKET
4.2 ELECTRIC VAN MARKET, BY PROPULSION
FIGURE 12 BEV PROJECTED TO BE LARGER MARKET (2022–2030) (UNITS)
4.3 ELECTRIC VAN MARKET, BY BATTERY CAPACITY
FIGURE 13 ABOVE 50 KWH PROJECTED TO BE LARGEST SEGMENT IN ELECTRIC VAN MARKET (2022–2030) (UNITS)
4.4 ELECTRIC VAN MARKET, BY END USE
FIGURE 14 LAST MILE DELIVERY SEGMENT TO HAVE HIGHEST GROWTH DURING FORECAST PERIOD (UNITS)
4.5 ELECTRIC VAN MARKET, BY BATTERY TYPE
FIGURE 15 LITHIUM-ION SEGMENT TO ACQUIRE LARGER MARKET SHARE, (2022–2030) (UNITS)
4.6 ELECTRIC VAN MARKET, BY RANGE
FIGURE 16 100–200 MILES SEGMENT PROJECTED TO BE LARGER SEGMENT OF ELECTRIC VAN MARKET, (2022–2030) (UNITS)
4.7 ELECTRIC VAN MARKET, BY REGION
FIGURE 17 ASIA PACIFIC ESTIMATED TO ACCOUNT FOR LARGEST MARKET SHARE IN 2022
5 MARKET OVERVIEW
5.1 INTRODUCTION
FIGURE 18 ROLE OF STARTUPS IN ELECTRIC VEHICLE ECOSYSTEM
TABLE 2 IMPACT OF MARKET DYNAMICS
5.2 MARKET DYNAMICS
FIGURE 19 ELECTRIC VAN MARKET: MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Increased demand for emission-free and energy-efficient mass transit solutions
FIGURE 20 EU E-VANS EMISSION TARGETS FOR 2027
5.2.1.2 Reduction in battery prices
FIGURE 21 DECLINE IN BATTERY PRICE/KWH, 2010–2020
5.2.1.3 Lower emissions compared to other vehicles
5.2.2 RESTRAINTS
5.2.2.1 High development cost
5.2.2.2 Concerns over battery safety
FIGURE 22 BATTERY SAFETY ARCHITECTURE
5.2.2.3 Lower vehicle range to hamper long-distance logistics
TABLE 3 ELECTRIC VAN DATA BASED ON RANGE
5.2.3 OPPORTUNITIES
5.2.3.1 Government support for electrification of public transport
TABLE 4 GOVERNMENT PROGRAMS TO PROMOTE EVS
5.2.3.2 Implementation of stringent emission norms and environmental regulations
TABLE 5 KEY COUNTRIES: EMISSION REGULATION SPECIFICATIONS OVERVIEW, BY FUEL TYPE, 2016–2021
5.2.3.3 Use of electric vans for fleets and commercial applications
TABLE 6 MAJOR EV FLEET TARGETS
5.2.4 CHALLENGES
5.2.4.1 Limited battery capacity
TABLE 7 BATTERY CAPACITIES OF POPULAR ELECTRIC VANS
5.2.4.2 Lack of charging infrastructure
TABLE 8 INDIA: SPECIFICATIONS OF CHARGING INFRASTRUCTURE
5.3 PORTER’S FIVE FORCES
FIGURE 23 PORTER’S FIVE FORCES: ELECTRIC VAN MARKET
TABLE 9 ELECTRIC VAN MARKET: IMPACT OF PORTER’S FIVE FORCES
5.3.1 THREAT OF SUBSTITUTES
5.3.2 THREAT OF NEW ENTRANTS
5.3.3 BARGAINING POWER OF BUYERS
5.3.4 BARGAINING POWER OF SUPPLIERS
5.3.5 INTENSITY OF COMPETITIVE RIVALRY
5.4 MACROECONOMIC INDICATORS
5.4.1 GDP TRENDS AND FORECAST FOR MAJOR ECONOMIES
TABLE 10 GDP TRENDS AND FORECAST, BY MAJOR ECONOMIES, 2018–2026 (USD BILLION)
5.5 ELECTRIC VAN MARKET ECOSYSTEM
FIGURE 24 ELECTRIC VAN MARKET: ECOSYSTEM ANALYSIS
5.5.1 OEM
5.5.2 RAW MATERIAL SUPPLIERS
5.5.3 COMPONENT MANUFACTURERS
5.5.4 CHARGING INFRASTRUCTURE
TABLE 11 ELECTRIC VAN MARKET: ROLE OF COMPANIES IN ECOSYSTEM
5.6 VALUE CHAIN ANALYSIS
FIGURE 25 VALUE CHAIN ANALYSIS
5.7 PRICING ANALYSIS
TABLE 12 ELECTRIC VAN MARKET: AVERAGE PRICE (USD), 2022
5.8 PATENT ANALYSIS
TABLE 13 ELECTRIC VAN MARKET: PATENTED DOCUMENTS ANALYSIS, BY PUBLISHED, FILED, AND GRANTED (2015–2021)
5.9 REGULATORY OVERVIEW
5.9.1 NORTH AMERICA
TABLE 14 NORTH AMERICA: POLICIES AND INITIATIVES SUPPORTING HYDROGEN-POWERED VEHICLES AND HYDROGEN INFRASTRUCTURE
5.9.2 EUROPE
TABLE 15 EUROPE: POLICIES AND INITIATIVES SUPPORTING HYDROGEN-POWERED VEHICLES AND HYDROGEN INFRASTRUCTURE
5.9.3 ASIA PACIFIC
TABLE 16 ASIA PACIFIC: POLICIES AND INITIATIVES SUPPORTING HYDROGEN-POWERED VEHICLES AND HYDROGEN INFRASTRUCTURE
5.10 CASE STUDIES
5.10.1 ADOPTION OF ELECTRIC MOBILITY FOR PUBLIC TRANSPORT IN INDIA
5.10.2 ELECTRIC VEHICLE FLEETS IN PUBLIC SECTOR
5.11 TRENDS AND DISRUPTIONS IN ELECTRIC VAN MARKET
FIGURE 26 TRENDS AND DISRUPTIONS IN ELECTRIC VAN MARKET
5.12 TECHNOLOGY ANALYSIS
5.12.1 SMART CHARGING SYSTEM
FIGURE 27 SMART EV CHARGING SYSTEM
5.12.2 IOT IN ELECTRIC VEHICLES
5.12.3 PACKAGED FUEL CELL SYSTEM MODULES
FIGURE 28 NEW PACKAGED FUEL CELL SYSTEM MODULE BY TOYOTA
5.12.4 METHANE FUEL CELLS
5.13 KEY STAKEHOLDERS AND BUYING CRITERIA
5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
TABLE 17 INFLUENCE OF INSTITUTIONAL BUYERS ON PURCHASE OF ELECTRIC VANS
5.13.2 BUYING CRITERIA
5.14 DETAILED LIST OF CONFERENCES AND EVENTS, 2022–2023
TABLE 18 ELECTRIC VAN MARKET: DETAILED LIST OF CONFERENCES AND EVENTS
5.15 LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 19 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 20 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 21 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.16 ELECTRIC VAN MARKET, SCENARIOS (2022–2030)
5.16.1 ELECTRIC VAN MARKET, MOST LIKELY SCENARIO
TABLE 22 ELECTRIC VAN MARKET (MOST LIKELY), BY REGION, 2022–2030 (UNITS)
5.16.2 ELECTRIC VAN MARKET, OPTIMISTIC SCENARIO
TABLE 23 ELECTRIC VAN MARKET (OPTIMISTIC), BY REGION, 2022–2030 (UNITS)
5.16.3 ELECTRIC VAN MARKET, PESSIMISTIC SCENARIO
TABLE 24 ELECTRIC VAN MARKET (PESSIMISTIC), BY REGION, 2022–2030 (UNITS)
6 ELECTRIC VAN MARKET, BY RANGE
6.1 INTRODUCTION
FIGURE 29 ABOVE 200 MILES SEGMENT TO REGISTER HIGHER CAGR
TABLE 25 ELECTRIC VAN MARKET, BY RANGE, 2018–2021 (UNITS)
TABLE 26 ELECTRIC VAN MARKET, BY RANGE, 2022–2030 (UNITS)
6.1.1 OPERATIONAL DATA
TABLE 27 ELECTRIC VAN DATA BASED ON RANGE
6.1.2 ASSUMPTIONS
TABLE 28 ASSUMPTIONS: BY RANGE
6.1.3 RESEARCH METHODOLOGY
6.2 UP TO 100 MILES
6.2.1 AFFORDABLE ELECTRIC VANS TO BOOST SEGMENT
TABLE 29 UP TO 100 MILES ELECTRIC VAN MARKET, BY REGION, 2018–2021 (UNITS)
TABLE 30 UP TO 100 MILES ELECTRIC VAN MARKET, BY REGION, 2022–2030 (UNITS)
6.3 100–200 MILES
6.3.1 AIDS LONG-DISTANCE TRANSPORT
TABLE 31 100–200 MILES ELECTRIC VAN MARKET, BY REGION, 2018–2021 (UNITS)
TABLE 32 100–200 MILES ELECTRIC VAN MARKET, BY REGION, 2022–2030 (UNITS)
6.4 ABOVE 200 MILES
6.4.1 ADVANCED BATTERY TECHNOLOGY
TABLE 33 ABOVE 200 MILES ELECTRIC VAN MARKET, BY REGION, 2022–2030 (UNITS)
6.5 KEY PRIMARY INSIGHTS
7 ELECTRIC VAN MARKET, BY BATTERY TYPE
7.1 INTRODUCTION
FIGURE 30 LITHIUM-ION TO DOMINATE ELECTRIC VAN MARKET DURING FORECAST PERIOD
TABLE 34 ELECTRIC VAN MARKET, BY BATTERY TYPE, 2018–2021 (UNITS)
TABLE 35 ELECTRIC VAN MARKET, BY BATTERY TYPE, 2022–2030 (UNITS)
7.1.1 OPERATIONAL DATA
TABLE 36 ELECTRIC VAN DATA, BATTERY TYPE
7.1.2 ASSUMPTIONS
7.1.3 RESEARCH METHODOLOGY
7.2 NICKEL MANGANESE COBALT
7.2.1 LOW COST AND HIGHER LIFE CYCLE OF NICKEL CELLS TO DRIVE MARKET
TABLE 37 NICKEL MANGANESE COBALT BATTERIES MARKET, BY REGION, 2018–2021 (UNITS)
TABLE 38 NICKEL MANGANESE COBALT BATTERIES MARKET, BY REGION, 2022–2030 (UNITS)
7.3 LITHIUM-ION
7.3.1 LOW COST OF LITHIUM-ION BATTERIES TO DRIVE MARKET
TABLE 39 LITHIUM-ION BATTERIES MARKET, BY REGION, 2018–2021 (UNITS)
TABLE 40 LITHIUM-ION BATTERIES MARKET, BY REGION, 2022–2030 (UNITS)
7.4 OTHERS
7.4.1 DEVELOPMENT OF HIGH ENERGY DENSITY AND LOW WEIGHT BATTERIES TO DRIVE MARKET
TABLE 41 OTHER BATTERIES MARKET, BY REGION, 2018–2021 (UNITS)
TABLE 42 OTHER BATTERIES MARKET, BY REGION, 2022–2030 (UNITS)
7.5 KEY INDUSTRY INSIGHTS
8 ELECTRIC VAN MARKET, BY END USE
8.1 INTRODUCTION
FIGURE 31 LAST MILE DELIVERY MARKET SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
TABLE 43 ELECTRIC VAN MARKET, BY END USE, 2018–2021 (UNITS)
TABLE 44 ELECTRIC VAN MARKET, BY END USE, 2022–2030 (UNITS)
8.1.1 OPERATIONAL DATA
TABLE 45 ELECTRIC VAN DATA, END USE
8.1.2 ASSUMPTIONS
8.1.3 RESEARCH METHODOLOGY
8.2 LAST MILE DELIVERY
8.2.1 PRESENCE OF E-COMMERCE COMPANIES TO BOOST MARKET
8.3 FIELD SERVICES
8.3.1 INCREASED USE IN HEALTHCARE FACILITIES
8.4 DISTRIBUTION SERVICES
8.4.1 GROWTH OF LOGISTICS SECTOR TO DRIVE MARKET
8.5 REFRIGERATED SERVICES
8.5.1 NEED TO DISTRIBUTE GOODS AT SPECIFIC TEMPERATURES TO FUEL MARKET
8.6 KEY INDUSTRY INSIGHTS
9 ELECTRIC VAN MARKET, BY BATTERY CAPACITY
9.1 INTRODUCTION
FIGURE 32 ABOVE 50 KWH SEGMENT TO LEAD MARKET
TABLE 46 ELECTRIC VAN MARKET, BY BATTERY CAPACITY, 2018–2021 (UNITS)
TABLE 47 ELECTRIC VAN MARKET, BY BATTERY CAPACITY, 2022–2030 (UNITS)
9.1.1 OPERATIONAL DATA
TABLE 48 ELECTRIC VAN VEHICLE MODELS, BY BATTERY CAPACITY
9.1.2 ASSUMPTIONS
TABLE 49 ASSUMPTIONS: BY BATTERY CAPACITY
9.1.3 RESEARCH METHODOLOGY
9.2 UP TO 50 KWH
9.2.1 INTRACITY DELIVERY USING ELECTRIC VANS TO DRIVE SEGMENT
TABLE 50 UP TO 50 KWH: ELECTRIC VAN MARKET, BY REGION, 2018–2021 (UNITS)
TABLE 51 UP TO 50 KWH: ELECTRIC VAN MARKET, BY REGION, 2022–2030 (UNITS)
9.3 ABOVE 50 KWH
9.3.1 HEAVY-DUTY ELECTRIC VANS TO LEAD MARKET
TABLE 52 ABOVE 50 KWH: ELECTRIC VAN MARKET, BY REGION, 2018–2021 (UNITS)
TABLE 53 ABOVE 50 KWH: ELECTRIC VAN MARKET, BY REGION, 2022–2030 (UNITS)
9.4 KEY INDUSTRY INSIGHTS
10 ELECTRIC VAN MARKET, BY PROPULSION
10.1 INTRODUCTION
FIGURE 33 BEV SEGMENT TO ACQUIRE MAJOR MARKET SHARE DURING FORECAST PERIOD
TABLE 54 ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 55 ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
10.1.1 OPERATIONAL DATA
TABLE 56 ELECTRIC VAN DATA BASED ON PROPULSION TYPE
10.1.2 ASSUMPTIONS
10.1.3 RESEARCH METHODOLOGY
10.2 BEV
10.2.1 INCREASED DEMAND FOR ZERO-EMISSION VEHICLES TO BOOST SEGMENT
TABLE 57 BEV ELECTRIC VAN MARKET, BY REGION, 2018–2021 (UNITS)
TABLE 58 BEV ELECTRIC VAN MARKET, BY REGION, 2022–2030 (UNITS)
10.3 FCEV
10.3.1 SHIFT TOWARD FUEL CELL ELECTRIC VEHICLES TO DRIVE SEGMENT
TABLE 59 FCEV ELECTRIC VAN MARKET, BY REGION, 2022–2030 (UNITS)
10.4 PHEV
10.4.1 IMPROVEMENT IN CHARGING INFRASTRUCTURE TO DRIVE SEGMENT
TABLE 60 PHEV ELECTRIC VAN MARKET, BY REGION, 2018–2021 (UNITS)
TABLE 61 PHEV ELECTRIC VAN MARKET, BY REGION, 2022–2030 (UNITS)
10.5 KEY INDUSTRY INSIGHTS
11 ELECTRIC VAN MARKET, BY REGION
11.1 INTRODUCTION
FIGURE 34 EUROPE TO ACCOUNT FOR LARGEST SIZE OF ELECTRIC VAN MARKET, 2022 VS. 2030 (UNITS)
TABLE 62 ELECTRIC VAN MARKET, BY REGION, 2018–2021 (UNITS)
TABLE 63 ELECTRIC VAN MARKET, BY REGION, 2022–2030 (UNITS)
11.2 ASIA PACIFIC
TABLE 64 ASIA PACIFIC: ELECTRIC VAN MARKET, BY COUNTRY, 2018–2021 (UNITS)
TABLE 65 ASIA PACIFIC: ELECTRIC VAN MARKET, BY COUNTRY, 2022–2030 (UNITS)
FIGURE 35 ASIA PACIFIC: ELECTRIC VAN MARKET SNAPSHOT
11.2.1 CHINA
11.2.1.1 High production of vehicles to boost market
TABLE 66 CHINA: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 67 CHINA: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.2.2 JAPAN
11.2.2.1 Driven by technological advancements
TABLE 68 JAPAN: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 69 JAPAN: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.2.3 SOUTH KOREA
11.2.3.1 Increased investments in electric vehicles
TABLE 70 SOUTH KOREA: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 71 SOUTH KOREA: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.2.4 INDIA
11.2.4.1 Increased market for last mile delivery
TABLE 72 INDIA: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3 EUROPE
TABLE 73 EUROPE: ELECTRIC VAN MARKET, BY COUNTRY, 2018–2021 (UNITS)
TABLE 74 EUROPE: ELECTRIC VAN MARKET, BY COUNTRY, 2022–2030 (UNITS)
11.3.1 GERMANY
11.3.1.1 Presence of major players
TABLE 75 GERMANY: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 76 GERMANY: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3.2 UK
11.3.2.1 Investments in ultra-low emission vehicles
TABLE 77 UK: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 78 UK: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3.3 NETHERLANDS
11.3.3.1 Heavy investments by OEMs to increase production bases
TABLE 79 NETHERLANDS: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 80 NETHERLANDS: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3.4 NORWAY
11.3.4.1 Logistics industry to replace conventional means of transport with electric vans
TABLE 81 NORWAY: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 82 NORWAY: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3.5 FRANCE
11.3.5.1 Purchase grants by government
TABLE 83 FRANCE: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 84 FRANCE: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3.6 ITALY
11.3.6.1 Government focus on greener vehicles
TABLE 85 ITALY: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 86 ITALY: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3.7 DENMARK
11.3.7.1 Government promotion of private infrastructure
TABLE 87 DENMARK: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 88 DENMARK: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3.8 PORTUGAL
11.3.8.1 Expansion of electric vehicle charging infrastructure
TABLE 89 PORTUGAL: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 90 PORTUGAL: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3.9 IRELAND
11.3.9.1 Presence of popular e-van manufacturers
TABLE 91 IRELAND: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 92 IRELAND: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3.10 BELGIUM
11.3.10.1 High adoption rate of electric commercial vehicles
TABLE 93 BELGIUM: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 94 BELGIUM: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3.11 SWITZERLAND
11.3.11.1 Increased awareness of vehicle emissions
TABLE 95 SWITZERLAND: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 96 SWITZERLAND: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3.12 AUSTRIA
11.3.12.1 Increasing postal services
TABLE 97 AUSTRIA: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 98 AUSTRIA: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3.13 SPAIN
11.3.13.1 Increasing market for B2C services
TABLE 99 SPAIN: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 100 SPAIN: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3.14 SWEDEN
11.3.14.1 Increased market for refrigerated services
TABLE 101 SWEDEN: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 102 SWEDEN: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.4 NORTH AMERICA
TABLE 103 NORTH AMERICA: ELECTRIC VAN MARKET, BY COUNTRY, 2018–2021 (UNITS)
TABLE 104 NORTH AMERICA: ELECTRIC VAN MARKET, BY COUNTRY, 2022–2030 (UNITS)
FIGURE 36 NORTH AMERICA: ELECTRIC VAN MARKET SNAPSHOT
11.4.1 US
11.4.1.1 Increased production capacity of electric vehicles
TABLE 105 US: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 106 US: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.4.2 CANADA
11.4.2.1 Increased use of LCVs
TABLE 107 CANADA: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 108 CANADA: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 MARKET SHARE ANALYSIS FOR ELECTRIC VAN MARKET
TABLE 109 MARKET SHARE ANALYSIS, 2021
FIGURE 37 MARKET SHARE ANALYSIS, 2021
12.2.1 GENERAL MOTORS
12.2.2 RENAULT
12.2.3 TOYOTA MOTOR CORPORATION
12.2.4 BYD
12.2.5 FORD MOTOR COMPANY
12.3 KEY PLAYER STRATEGIES
TABLE 110 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN ELECTRIC VAN MARKET
12.4 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS
FIGURE 38 TOP PUBLIC/LISTED PLAYERS DOMINATING ELECTRIC VAN MARKET DURING LAST FIVE YEARS
12.5 COMPETITIVE SCENARIO
12.5.1 NEW PRODUCT LAUNCHES
TABLE 111 NEW PRODUCT LAUNCHES, 2018–2022
12.5.2 DEALS
TABLE 112 DEALS, 2018–2022
12.5.3 OTHERS
TABLE 113 OTHERS, 2018–2022
12.6 COMPANY EVALUATION QUADRANT
12.6.1 STARS
12.6.2 EMERGING LEADERS
12.6.3 PERVASIVE PLAYERS
12.6.4 PARTICIPANTS
FIGURE 39 ELECTRIC VAN MARKET: COMPANY EVALUATION QUADRANT, 2022
TABLE 114 ELECTRIC VAN MARKET: COMPANY FOOTPRINT, 2022
TABLE 115 ELECTRIC VAN MARKET: PRODUCT FOOTPRINT, 2022
TABLE 116 ELECTRIC VAN MARKET: REGIONAL FOOTPRINT, 2022
12.7 STARTUP/SME EVALUATION QUADRANT
12.7.1 PROGRESSIVE COMPANIES
12.7.2 RESPONSIVE COMPANIES
12.7.3 DYNAMIC COMPANIES
12.7.4 STARTING BLOCKS
FIGURE 40 ELECTRIC VAN MARKET: STARTUP/SME EVALUATION QUADRANT, 2022
TABLE 117 ELECTRIC VAN MARKET: DETAILED LIST OF KEY STARTUPS/SMES
TABLE 118 ELECTRIC VAN MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS [STARTUPS/SMES]
13 COMPANY PROFILES
(Business overview, Products offered, Recent developments & MnM View)*
13.1 KEY PLAYERS
13.1.1 GENERAL MOTORS
TABLE 119 GENERAL MOTORS: BUSINESS OVERVIEW
FIGURE 41 GENERAL MOTORS: COMPANY SNAPSHOT
TABLE 120 GENERAL MOTORS: PRODUCTS OFFERED
TABLE 121 GENERAL MOTORS: NEW PRODUCT DEVELOPMENTS
TABLE 122 GENERAL MOTORS: DEALS
TABLE 123 GENERAL MOTORS: OTHERS
13.1.2 RENAULT
TABLE 124 RENAULT: BUSINESS OVERVIEW
FIGURE 42 RENAULT: COMPANY SNAPSHOT
TABLE 125 RENAULT: PRODUCTS OFFERED
TABLE 126 RENAULT: NEW PRODUCT DEVELOPMENTS
TABLE 127 RENAULT: DEALS
TABLE 128 RENAULT: OTHERS
13.1.3 TOYOTA MOTOR CORPORATION
TABLE 129 TOYOTA MOTOR CORPORATION: BUSINESS OVERVIEW
FIGURE 43 TOYOTA MOTOR CORPORATION: COMPANY SNAPSHOT
FIGURE 44 GLOBAL DATA BY REGION
TABLE 130 TOYOTA MOTOR CORPORATION: PRODUCTS OFFERED
TABLE 131 TOYOTA MOTOR CORPORATION: NEW PRODUCT DEVELOPMENTS
TABLE 132 TOYOTA MOTOR CORPORATION: DEALS
TABLE 133 TOYOTA MOTOR CORPORATION: OTHERS
13.1.4 BYD
TABLE 134 BYD: BUSINESS OVERVIEW
FIGURE 45 BYD: COMPANY SNAPSHOT
TABLE 135 BYD: PRODUCTS OFFERED
TABLE 136 BYD: NEW PRODUCT DEVELOPMENTS
TABLE 137 BYD: DEALS
TABLE 138 BYD: OTHERS
13.1.5 FORD MOTOR COMPANY
TABLE 139 FORD MOTOR COMPANY: BUSINESS OVERVIEW
FIGURE 46 FORD MOTOR COMPANY: COMPANY SNAPSHOT
TABLE 140 FORD MOTOR COMPANY: PRODUCTS OFFERED
TABLE 141 FORD MOTOR COMPANY: NEW PRODUCT DEVELOPMENTS
TABLE 142 FORD MOTOR COMPANY: DEALS
TABLE 143 FORD MOTOR COMPANY: OTHERS
13.1.6 NISSAN MOTOR CORPORATION
TABLE 144 NISSAN MOTOR CORPORATION: BUSINESS OVERVIEW
FIGURE 47 NISSAN MOTOR CORPORATION: COMPANY SNAPSHOT
FIGURE 48 GLOBAL VEHICLE RETAIL SALES (2021)
TABLE 145 NISSAN MOTOR CORPORATION: PRODUCTS OFFERED
TABLE 146 NISSAN MOTOR CORPORATION: NEW PRODUCT DEVELOPMENTS
TABLE 147 NISSAN MOTOR CORPORATION: DEALS
TABLE 148 NISSAN MOTOR CORPORATION: OTHERS
13.1.7 MAHINDRA & MAHINDRA LTD.
TABLE 149 MAHINDRA & MAHINDRA LTD.: BUSINESS OVERVIEW
FIGURE 49 MAHINDRA & MAHINDRA LTD.: COMPANY SNAPSHOT
FIGURE 50 MAHINDRA & MAHINDRA LTD.: MANUFACTURING PLANTS IN INDIA
FIGURE 51 MANUFACTURING FACILITIES GLOBALLY
TABLE 150 MAHINDRA & MAHINDRA LTD.: PRODUCTS OFFERED
TABLE 151 MAHINDRA & MAHINDRA LTD: DEALS
TABLE 152 MAHINDRA & MAHINDRA LTD.: OTHERS
13.1.8 IVECO
TABLE 153 IVECO: BUSINESS OVERVIEW
TABLE 154 IVECO: PRODUCTS OFFERED
TABLE 155 IVECO: NEW PRODUCT DEVELOPMENTS
TABLE 156 IVECO: DEALS
13.1.9 LONDON ELECTRIC VEHICLE COMPANY
TABLE 157 LONDON ELECTRIC VEHICLE COMPANY: BUSINESS OVERVIEW
TABLE 158 LONDON ELECTRIC VEHICLE COMPANY: PRODUCTS OFFERED
TABLE 159 LONDON ELECTRIC VEHICLE COMPANY: NEW PRODUCT DEVELOPMENTS
TABLE 160 LONDON ELECTRIC VEHICLE COMPANY: DEALS
13.1.10 FIAT
TABLE 161 FIAT: BUSINESS OVERVIEW
TABLE 162 FIAT: PRODUCTS OFFERED
TABLE 163 FIAT: NEW PRODUCT DEVELOPMENTS
TABLE 164 FIAT: DEALS
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
13.2 OTHER PLAYERS
13.2.1 YINLONG ENERGY
13.2.2 GOLDEN DRAGON
13.2.3 RIVIAN
13.2.4 ZENITH MOTORS
13.2.5 WORKHORSE GROUP
13.2.6 ARRIVAL
13.2.7 KINGSTAR VEHICLE CO., LTD.
13.2.8 CHANJE ENERGY
13.2.9 LIGHTNING EMOTORS
13.2.10 KING LONG
13.2.11 CHANGSHA SUNDA NEW ENERGY TECHNOLOGY CO., LTD.
14 RECOMMENDATIONS BY MARKETSANDMARKETS
14.1 BATTERY ELECTRIC VEHICLES TO BE KEY FOCUS MARKET FOR ELECTRIC VANS
14.2 REFRIGERATED SERVICES SEGMENT TO BE MAJOR MARKET FOR ELECTRIC VANS
14.3 CONCLUSION
15 APPENDIX
15.1 KEY INSIGHTS FROM INDUSTRY EXPERTS
15.2 DISCUSSION GUIDE
15.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.4 CUSTOMIZATION OPTIONS
15.5 RELATED REPORTS
15.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 ELECTRIC VAN MARKET, BY END USE
1.2.2 ELECTRIC VAN MARKET, BY PROPULSION
1.2.3 ELECTRIC VAN MARKET, BY BATTERY TYPE
1.3 ELECTRIC VAN MARKET: INCLUSIONS AND EXCLUSIONS
1.4 MARKET SCOPE
1.4.1 MARKETS COVERED
FIGURE 1 MARKET SEGMENTATION
1.4.2 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
TABLE 1 CURRENCY EXCHANGE RATES (PER USD)
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 ELECTRIC VAN MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.1.2 List of secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 List of participating companies for primary research
2.1.2.3 Key industry insights
2.1.2.4 Breakdown of primary interviews
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY, DESIGNATION, AND REGION
2.2 MARKET SIZE ESTIMATION
FIGURE 4 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
2.2.1 BOTTOM-UP APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY FOR ELECTRIC VAN MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY FOR ELECTRIC VAN MARKET: TOP-DOWN APPROACH
2.3 FACTOR ANALYSIS
2.3.1 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES
2.4 DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION
2.5 ASSUMPTIONS
2.6 RISK ASSESSMENT
2.7 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
FIGURE 8 ELECTRIC VAN MARKET: MARKET DYNAMICS
FIGURE 9 ELECTRIC VAN MARKET, BY REGION, 2022 VS. 2030 (UNITS)
FIGURE 10 ELECTRIC VAN MARKET, BY PROPULSION, 2022 VS. 2030 (UNITS)
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ELECTRIC VAN MARKET
FIGURE 11 INCREASED GOVERNMENT SUBSIDIES FOR ELECTRIC VEHICLES TO DRIVE ELECTRIC VAN MARKET
4.2 ELECTRIC VAN MARKET, BY PROPULSION
FIGURE 12 BEV PROJECTED TO BE LARGER MARKET (2022–2030) (UNITS)
4.3 ELECTRIC VAN MARKET, BY BATTERY CAPACITY
FIGURE 13 ABOVE 50 KWH PROJECTED TO BE LARGEST SEGMENT IN ELECTRIC VAN MARKET (2022–2030) (UNITS)
4.4 ELECTRIC VAN MARKET, BY END USE
FIGURE 14 LAST MILE DELIVERY SEGMENT TO HAVE HIGHEST GROWTH DURING FORECAST PERIOD (UNITS)
4.5 ELECTRIC VAN MARKET, BY BATTERY TYPE
FIGURE 15 LITHIUM-ION SEGMENT TO ACQUIRE LARGER MARKET SHARE, (2022–2030) (UNITS)
4.6 ELECTRIC VAN MARKET, BY RANGE
FIGURE 16 100–200 MILES SEGMENT PROJECTED TO BE LARGER SEGMENT OF ELECTRIC VAN MARKET, (2022–2030) (UNITS)
4.7 ELECTRIC VAN MARKET, BY REGION
FIGURE 17 ASIA PACIFIC ESTIMATED TO ACCOUNT FOR LARGEST MARKET SHARE IN 2022
5 MARKET OVERVIEW
5.1 INTRODUCTION
FIGURE 18 ROLE OF STARTUPS IN ELECTRIC VEHICLE ECOSYSTEM
TABLE 2 IMPACT OF MARKET DYNAMICS
5.2 MARKET DYNAMICS
FIGURE 19 ELECTRIC VAN MARKET: MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Increased demand for emission-free and energy-efficient mass transit solutions
FIGURE 20 EU E-VANS EMISSION TARGETS FOR 2027
5.2.1.2 Reduction in battery prices
FIGURE 21 DECLINE IN BATTERY PRICE/KWH, 2010–2020
5.2.1.3 Lower emissions compared to other vehicles
5.2.2 RESTRAINTS
5.2.2.1 High development cost
5.2.2.2 Concerns over battery safety
FIGURE 22 BATTERY SAFETY ARCHITECTURE
5.2.2.3 Lower vehicle range to hamper long-distance logistics
TABLE 3 ELECTRIC VAN DATA BASED ON RANGE
5.2.3 OPPORTUNITIES
5.2.3.1 Government support for electrification of public transport
TABLE 4 GOVERNMENT PROGRAMS TO PROMOTE EVS
5.2.3.2 Implementation of stringent emission norms and environmental regulations
TABLE 5 KEY COUNTRIES: EMISSION REGULATION SPECIFICATIONS OVERVIEW, BY FUEL TYPE, 2016–2021
5.2.3.3 Use of electric vans for fleets and commercial applications
TABLE 6 MAJOR EV FLEET TARGETS
5.2.4 CHALLENGES
5.2.4.1 Limited battery capacity
TABLE 7 BATTERY CAPACITIES OF POPULAR ELECTRIC VANS
5.2.4.2 Lack of charging infrastructure
TABLE 8 INDIA: SPECIFICATIONS OF CHARGING INFRASTRUCTURE
5.3 PORTER’S FIVE FORCES
FIGURE 23 PORTER’S FIVE FORCES: ELECTRIC VAN MARKET
TABLE 9 ELECTRIC VAN MARKET: IMPACT OF PORTER’S FIVE FORCES
5.3.1 THREAT OF SUBSTITUTES
5.3.2 THREAT OF NEW ENTRANTS
5.3.3 BARGAINING POWER OF BUYERS
5.3.4 BARGAINING POWER OF SUPPLIERS
5.3.5 INTENSITY OF COMPETITIVE RIVALRY
5.4 MACROECONOMIC INDICATORS
5.4.1 GDP TRENDS AND FORECAST FOR MAJOR ECONOMIES
TABLE 10 GDP TRENDS AND FORECAST, BY MAJOR ECONOMIES, 2018–2026 (USD BILLION)
5.5 ELECTRIC VAN MARKET ECOSYSTEM
FIGURE 24 ELECTRIC VAN MARKET: ECOSYSTEM ANALYSIS
5.5.1 OEM
5.5.2 RAW MATERIAL SUPPLIERS
5.5.3 COMPONENT MANUFACTURERS
5.5.4 CHARGING INFRASTRUCTURE
TABLE 11 ELECTRIC VAN MARKET: ROLE OF COMPANIES IN ECOSYSTEM
5.6 VALUE CHAIN ANALYSIS
FIGURE 25 VALUE CHAIN ANALYSIS
5.7 PRICING ANALYSIS
TABLE 12 ELECTRIC VAN MARKET: AVERAGE PRICE (USD), 2022
5.8 PATENT ANALYSIS
TABLE 13 ELECTRIC VAN MARKET: PATENTED DOCUMENTS ANALYSIS, BY PUBLISHED, FILED, AND GRANTED (2015–2021)
5.9 REGULATORY OVERVIEW
5.9.1 NORTH AMERICA
TABLE 14 NORTH AMERICA: POLICIES AND INITIATIVES SUPPORTING HYDROGEN-POWERED VEHICLES AND HYDROGEN INFRASTRUCTURE
5.9.2 EUROPE
TABLE 15 EUROPE: POLICIES AND INITIATIVES SUPPORTING HYDROGEN-POWERED VEHICLES AND HYDROGEN INFRASTRUCTURE
5.9.3 ASIA PACIFIC
TABLE 16 ASIA PACIFIC: POLICIES AND INITIATIVES SUPPORTING HYDROGEN-POWERED VEHICLES AND HYDROGEN INFRASTRUCTURE
5.10 CASE STUDIES
5.10.1 ADOPTION OF ELECTRIC MOBILITY FOR PUBLIC TRANSPORT IN INDIA
5.10.2 ELECTRIC VEHICLE FLEETS IN PUBLIC SECTOR
5.11 TRENDS AND DISRUPTIONS IN ELECTRIC VAN MARKET
FIGURE 26 TRENDS AND DISRUPTIONS IN ELECTRIC VAN MARKET
5.12 TECHNOLOGY ANALYSIS
5.12.1 SMART CHARGING SYSTEM
FIGURE 27 SMART EV CHARGING SYSTEM
5.12.2 IOT IN ELECTRIC VEHICLES
5.12.3 PACKAGED FUEL CELL SYSTEM MODULES
FIGURE 28 NEW PACKAGED FUEL CELL SYSTEM MODULE BY TOYOTA
5.12.4 METHANE FUEL CELLS
5.13 KEY STAKEHOLDERS AND BUYING CRITERIA
5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
TABLE 17 INFLUENCE OF INSTITUTIONAL BUYERS ON PURCHASE OF ELECTRIC VANS
5.13.2 BUYING CRITERIA
5.14 DETAILED LIST OF CONFERENCES AND EVENTS, 2022–2023
TABLE 18 ELECTRIC VAN MARKET: DETAILED LIST OF CONFERENCES AND EVENTS
5.15 LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 19 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 20 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 21 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.16 ELECTRIC VAN MARKET, SCENARIOS (2022–2030)
5.16.1 ELECTRIC VAN MARKET, MOST LIKELY SCENARIO
TABLE 22 ELECTRIC VAN MARKET (MOST LIKELY), BY REGION, 2022–2030 (UNITS)
5.16.2 ELECTRIC VAN MARKET, OPTIMISTIC SCENARIO
TABLE 23 ELECTRIC VAN MARKET (OPTIMISTIC), BY REGION, 2022–2030 (UNITS)
5.16.3 ELECTRIC VAN MARKET, PESSIMISTIC SCENARIO
TABLE 24 ELECTRIC VAN MARKET (PESSIMISTIC), BY REGION, 2022–2030 (UNITS)
6 ELECTRIC VAN MARKET, BY RANGE
6.1 INTRODUCTION
FIGURE 29 ABOVE 200 MILES SEGMENT TO REGISTER HIGHER CAGR
TABLE 25 ELECTRIC VAN MARKET, BY RANGE, 2018–2021 (UNITS)
TABLE 26 ELECTRIC VAN MARKET, BY RANGE, 2022–2030 (UNITS)
6.1.1 OPERATIONAL DATA
TABLE 27 ELECTRIC VAN DATA BASED ON RANGE
6.1.2 ASSUMPTIONS
TABLE 28 ASSUMPTIONS: BY RANGE
6.1.3 RESEARCH METHODOLOGY
6.2 UP TO 100 MILES
6.2.1 AFFORDABLE ELECTRIC VANS TO BOOST SEGMENT
TABLE 29 UP TO 100 MILES ELECTRIC VAN MARKET, BY REGION, 2018–2021 (UNITS)
TABLE 30 UP TO 100 MILES ELECTRIC VAN MARKET, BY REGION, 2022–2030 (UNITS)
6.3 100–200 MILES
6.3.1 AIDS LONG-DISTANCE TRANSPORT
TABLE 31 100–200 MILES ELECTRIC VAN MARKET, BY REGION, 2018–2021 (UNITS)
TABLE 32 100–200 MILES ELECTRIC VAN MARKET, BY REGION, 2022–2030 (UNITS)
6.4 ABOVE 200 MILES
6.4.1 ADVANCED BATTERY TECHNOLOGY
TABLE 33 ABOVE 200 MILES ELECTRIC VAN MARKET, BY REGION, 2022–2030 (UNITS)
6.5 KEY PRIMARY INSIGHTS
7 ELECTRIC VAN MARKET, BY BATTERY TYPE
7.1 INTRODUCTION
FIGURE 30 LITHIUM-ION TO DOMINATE ELECTRIC VAN MARKET DURING FORECAST PERIOD
TABLE 34 ELECTRIC VAN MARKET, BY BATTERY TYPE, 2018–2021 (UNITS)
TABLE 35 ELECTRIC VAN MARKET, BY BATTERY TYPE, 2022–2030 (UNITS)
7.1.1 OPERATIONAL DATA
TABLE 36 ELECTRIC VAN DATA, BATTERY TYPE
7.1.2 ASSUMPTIONS
7.1.3 RESEARCH METHODOLOGY
7.2 NICKEL MANGANESE COBALT
7.2.1 LOW COST AND HIGHER LIFE CYCLE OF NICKEL CELLS TO DRIVE MARKET
TABLE 37 NICKEL MANGANESE COBALT BATTERIES MARKET, BY REGION, 2018–2021 (UNITS)
TABLE 38 NICKEL MANGANESE COBALT BATTERIES MARKET, BY REGION, 2022–2030 (UNITS)
7.3 LITHIUM-ION
7.3.1 LOW COST OF LITHIUM-ION BATTERIES TO DRIVE MARKET
TABLE 39 LITHIUM-ION BATTERIES MARKET, BY REGION, 2018–2021 (UNITS)
TABLE 40 LITHIUM-ION BATTERIES MARKET, BY REGION, 2022–2030 (UNITS)
7.4 OTHERS
7.4.1 DEVELOPMENT OF HIGH ENERGY DENSITY AND LOW WEIGHT BATTERIES TO DRIVE MARKET
TABLE 41 OTHER BATTERIES MARKET, BY REGION, 2018–2021 (UNITS)
TABLE 42 OTHER BATTERIES MARKET, BY REGION, 2022–2030 (UNITS)
7.5 KEY INDUSTRY INSIGHTS
8 ELECTRIC VAN MARKET, BY END USE
8.1 INTRODUCTION
FIGURE 31 LAST MILE DELIVERY MARKET SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
TABLE 43 ELECTRIC VAN MARKET, BY END USE, 2018–2021 (UNITS)
TABLE 44 ELECTRIC VAN MARKET, BY END USE, 2022–2030 (UNITS)
8.1.1 OPERATIONAL DATA
TABLE 45 ELECTRIC VAN DATA, END USE
8.1.2 ASSUMPTIONS
8.1.3 RESEARCH METHODOLOGY
8.2 LAST MILE DELIVERY
8.2.1 PRESENCE OF E-COMMERCE COMPANIES TO BOOST MARKET
8.3 FIELD SERVICES
8.3.1 INCREASED USE IN HEALTHCARE FACILITIES
8.4 DISTRIBUTION SERVICES
8.4.1 GROWTH OF LOGISTICS SECTOR TO DRIVE MARKET
8.5 REFRIGERATED SERVICES
8.5.1 NEED TO DISTRIBUTE GOODS AT SPECIFIC TEMPERATURES TO FUEL MARKET
8.6 KEY INDUSTRY INSIGHTS
9 ELECTRIC VAN MARKET, BY BATTERY CAPACITY
9.1 INTRODUCTION
FIGURE 32 ABOVE 50 KWH SEGMENT TO LEAD MARKET
TABLE 46 ELECTRIC VAN MARKET, BY BATTERY CAPACITY, 2018–2021 (UNITS)
TABLE 47 ELECTRIC VAN MARKET, BY BATTERY CAPACITY, 2022–2030 (UNITS)
9.1.1 OPERATIONAL DATA
TABLE 48 ELECTRIC VAN VEHICLE MODELS, BY BATTERY CAPACITY
9.1.2 ASSUMPTIONS
TABLE 49 ASSUMPTIONS: BY BATTERY CAPACITY
9.1.3 RESEARCH METHODOLOGY
9.2 UP TO 50 KWH
9.2.1 INTRACITY DELIVERY USING ELECTRIC VANS TO DRIVE SEGMENT
TABLE 50 UP TO 50 KWH: ELECTRIC VAN MARKET, BY REGION, 2018–2021 (UNITS)
TABLE 51 UP TO 50 KWH: ELECTRIC VAN MARKET, BY REGION, 2022–2030 (UNITS)
9.3 ABOVE 50 KWH
9.3.1 HEAVY-DUTY ELECTRIC VANS TO LEAD MARKET
TABLE 52 ABOVE 50 KWH: ELECTRIC VAN MARKET, BY REGION, 2018–2021 (UNITS)
TABLE 53 ABOVE 50 KWH: ELECTRIC VAN MARKET, BY REGION, 2022–2030 (UNITS)
9.4 KEY INDUSTRY INSIGHTS
10 ELECTRIC VAN MARKET, BY PROPULSION
10.1 INTRODUCTION
FIGURE 33 BEV SEGMENT TO ACQUIRE MAJOR MARKET SHARE DURING FORECAST PERIOD
TABLE 54 ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 55 ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
10.1.1 OPERATIONAL DATA
TABLE 56 ELECTRIC VAN DATA BASED ON PROPULSION TYPE
10.1.2 ASSUMPTIONS
10.1.3 RESEARCH METHODOLOGY
10.2 BEV
10.2.1 INCREASED DEMAND FOR ZERO-EMISSION VEHICLES TO BOOST SEGMENT
TABLE 57 BEV ELECTRIC VAN MARKET, BY REGION, 2018–2021 (UNITS)
TABLE 58 BEV ELECTRIC VAN MARKET, BY REGION, 2022–2030 (UNITS)
10.3 FCEV
10.3.1 SHIFT TOWARD FUEL CELL ELECTRIC VEHICLES TO DRIVE SEGMENT
TABLE 59 FCEV ELECTRIC VAN MARKET, BY REGION, 2022–2030 (UNITS)
10.4 PHEV
10.4.1 IMPROVEMENT IN CHARGING INFRASTRUCTURE TO DRIVE SEGMENT
TABLE 60 PHEV ELECTRIC VAN MARKET, BY REGION, 2018–2021 (UNITS)
TABLE 61 PHEV ELECTRIC VAN MARKET, BY REGION, 2022–2030 (UNITS)
10.5 KEY INDUSTRY INSIGHTS
11 ELECTRIC VAN MARKET, BY REGION
11.1 INTRODUCTION
FIGURE 34 EUROPE TO ACCOUNT FOR LARGEST SIZE OF ELECTRIC VAN MARKET, 2022 VS. 2030 (UNITS)
TABLE 62 ELECTRIC VAN MARKET, BY REGION, 2018–2021 (UNITS)
TABLE 63 ELECTRIC VAN MARKET, BY REGION, 2022–2030 (UNITS)
11.2 ASIA PACIFIC
TABLE 64 ASIA PACIFIC: ELECTRIC VAN MARKET, BY COUNTRY, 2018–2021 (UNITS)
TABLE 65 ASIA PACIFIC: ELECTRIC VAN MARKET, BY COUNTRY, 2022–2030 (UNITS)
FIGURE 35 ASIA PACIFIC: ELECTRIC VAN MARKET SNAPSHOT
11.2.1 CHINA
11.2.1.1 High production of vehicles to boost market
TABLE 66 CHINA: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 67 CHINA: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.2.2 JAPAN
11.2.2.1 Driven by technological advancements
TABLE 68 JAPAN: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 69 JAPAN: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.2.3 SOUTH KOREA
11.2.3.1 Increased investments in electric vehicles
TABLE 70 SOUTH KOREA: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 71 SOUTH KOREA: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.2.4 INDIA
11.2.4.1 Increased market for last mile delivery
TABLE 72 INDIA: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3 EUROPE
TABLE 73 EUROPE: ELECTRIC VAN MARKET, BY COUNTRY, 2018–2021 (UNITS)
TABLE 74 EUROPE: ELECTRIC VAN MARKET, BY COUNTRY, 2022–2030 (UNITS)
11.3.1 GERMANY
11.3.1.1 Presence of major players
TABLE 75 GERMANY: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 76 GERMANY: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3.2 UK
11.3.2.1 Investments in ultra-low emission vehicles
TABLE 77 UK: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 78 UK: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3.3 NETHERLANDS
11.3.3.1 Heavy investments by OEMs to increase production bases
TABLE 79 NETHERLANDS: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 80 NETHERLANDS: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3.4 NORWAY
11.3.4.1 Logistics industry to replace conventional means of transport with electric vans
TABLE 81 NORWAY: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 82 NORWAY: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3.5 FRANCE
11.3.5.1 Purchase grants by government
TABLE 83 FRANCE: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 84 FRANCE: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3.6 ITALY
11.3.6.1 Government focus on greener vehicles
TABLE 85 ITALY: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 86 ITALY: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3.7 DENMARK
11.3.7.1 Government promotion of private infrastructure
TABLE 87 DENMARK: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 88 DENMARK: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3.8 PORTUGAL
11.3.8.1 Expansion of electric vehicle charging infrastructure
TABLE 89 PORTUGAL: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 90 PORTUGAL: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3.9 IRELAND
11.3.9.1 Presence of popular e-van manufacturers
TABLE 91 IRELAND: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 92 IRELAND: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3.10 BELGIUM
11.3.10.1 High adoption rate of electric commercial vehicles
TABLE 93 BELGIUM: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 94 BELGIUM: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3.11 SWITZERLAND
11.3.11.1 Increased awareness of vehicle emissions
TABLE 95 SWITZERLAND: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 96 SWITZERLAND: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3.12 AUSTRIA
11.3.12.1 Increasing postal services
TABLE 97 AUSTRIA: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 98 AUSTRIA: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3.13 SPAIN
11.3.13.1 Increasing market for B2C services
TABLE 99 SPAIN: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 100 SPAIN: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.3.14 SWEDEN
11.3.14.1 Increased market for refrigerated services
TABLE 101 SWEDEN: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 102 SWEDEN: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.4 NORTH AMERICA
TABLE 103 NORTH AMERICA: ELECTRIC VAN MARKET, BY COUNTRY, 2018–2021 (UNITS)
TABLE 104 NORTH AMERICA: ELECTRIC VAN MARKET, BY COUNTRY, 2022–2030 (UNITS)
FIGURE 36 NORTH AMERICA: ELECTRIC VAN MARKET SNAPSHOT
11.4.1 US
11.4.1.1 Increased production capacity of electric vehicles
TABLE 105 US: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 106 US: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
11.4.2 CANADA
11.4.2.1 Increased use of LCVs
TABLE 107 CANADA: ELECTRIC VAN MARKET, BY PROPULSION, 2018–2021 (UNITS)
TABLE 108 CANADA: ELECTRIC VAN MARKET, BY PROPULSION, 2022–2030 (UNITS)
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 MARKET SHARE ANALYSIS FOR ELECTRIC VAN MARKET
TABLE 109 MARKET SHARE ANALYSIS, 2021
FIGURE 37 MARKET SHARE ANALYSIS, 2021
12.2.1 GENERAL MOTORS
12.2.2 RENAULT
12.2.3 TOYOTA MOTOR CORPORATION
12.2.4 BYD
12.2.5 FORD MOTOR COMPANY
12.3 KEY PLAYER STRATEGIES
TABLE 110 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN ELECTRIC VAN MARKET
12.4 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS
FIGURE 38 TOP PUBLIC/LISTED PLAYERS DOMINATING ELECTRIC VAN MARKET DURING LAST FIVE YEARS
12.5 COMPETITIVE SCENARIO
12.5.1 NEW PRODUCT LAUNCHES
TABLE 111 NEW PRODUCT LAUNCHES, 2018–2022
12.5.2 DEALS
TABLE 112 DEALS, 2018–2022
12.5.3 OTHERS
TABLE 113 OTHERS, 2018–2022
12.6 COMPANY EVALUATION QUADRANT
12.6.1 STARS
12.6.2 EMERGING LEADERS
12.6.3 PERVASIVE PLAYERS
12.6.4 PARTICIPANTS
FIGURE 39 ELECTRIC VAN MARKET: COMPANY EVALUATION QUADRANT, 2022
TABLE 114 ELECTRIC VAN MARKET: COMPANY FOOTPRINT, 2022
TABLE 115 ELECTRIC VAN MARKET: PRODUCT FOOTPRINT, 2022
TABLE 116 ELECTRIC VAN MARKET: REGIONAL FOOTPRINT, 2022
12.7 STARTUP/SME EVALUATION QUADRANT
12.7.1 PROGRESSIVE COMPANIES
12.7.2 RESPONSIVE COMPANIES
12.7.3 DYNAMIC COMPANIES
12.7.4 STARTING BLOCKS
FIGURE 40 ELECTRIC VAN MARKET: STARTUP/SME EVALUATION QUADRANT, 2022
TABLE 117 ELECTRIC VAN MARKET: DETAILED LIST OF KEY STARTUPS/SMES
TABLE 118 ELECTRIC VAN MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS [STARTUPS/SMES]
13 COMPANY PROFILES
(Business overview, Products offered, Recent developments & MnM View)*
13.1 KEY PLAYERS
13.1.1 GENERAL MOTORS
TABLE 119 GENERAL MOTORS: BUSINESS OVERVIEW
FIGURE 41 GENERAL MOTORS: COMPANY SNAPSHOT
TABLE 120 GENERAL MOTORS: PRODUCTS OFFERED
TABLE 121 GENERAL MOTORS: NEW PRODUCT DEVELOPMENTS
TABLE 122 GENERAL MOTORS: DEALS
TABLE 123 GENERAL MOTORS: OTHERS
13.1.2 RENAULT
TABLE 124 RENAULT: BUSINESS OVERVIEW
FIGURE 42 RENAULT: COMPANY SNAPSHOT
TABLE 125 RENAULT: PRODUCTS OFFERED
TABLE 126 RENAULT: NEW PRODUCT DEVELOPMENTS
TABLE 127 RENAULT: DEALS
TABLE 128 RENAULT: OTHERS
13.1.3 TOYOTA MOTOR CORPORATION
TABLE 129 TOYOTA MOTOR CORPORATION: BUSINESS OVERVIEW
FIGURE 43 TOYOTA MOTOR CORPORATION: COMPANY SNAPSHOT
FIGURE 44 GLOBAL DATA BY REGION
TABLE 130 TOYOTA MOTOR CORPORATION: PRODUCTS OFFERED
TABLE 131 TOYOTA MOTOR CORPORATION: NEW PRODUCT DEVELOPMENTS
TABLE 132 TOYOTA MOTOR CORPORATION: DEALS
TABLE 133 TOYOTA MOTOR CORPORATION: OTHERS
13.1.4 BYD
TABLE 134 BYD: BUSINESS OVERVIEW
FIGURE 45 BYD: COMPANY SNAPSHOT
TABLE 135 BYD: PRODUCTS OFFERED
TABLE 136 BYD: NEW PRODUCT DEVELOPMENTS
TABLE 137 BYD: DEALS
TABLE 138 BYD: OTHERS
13.1.5 FORD MOTOR COMPANY
TABLE 139 FORD MOTOR COMPANY: BUSINESS OVERVIEW
FIGURE 46 FORD MOTOR COMPANY: COMPANY SNAPSHOT
TABLE 140 FORD MOTOR COMPANY: PRODUCTS OFFERED
TABLE 141 FORD MOTOR COMPANY: NEW PRODUCT DEVELOPMENTS
TABLE 142 FORD MOTOR COMPANY: DEALS
TABLE 143 FORD MOTOR COMPANY: OTHERS
13.1.6 NISSAN MOTOR CORPORATION
TABLE 144 NISSAN MOTOR CORPORATION: BUSINESS OVERVIEW
FIGURE 47 NISSAN MOTOR CORPORATION: COMPANY SNAPSHOT
FIGURE 48 GLOBAL VEHICLE RETAIL SALES (2021)
TABLE 145 NISSAN MOTOR CORPORATION: PRODUCTS OFFERED
TABLE 146 NISSAN MOTOR CORPORATION: NEW PRODUCT DEVELOPMENTS
TABLE 147 NISSAN MOTOR CORPORATION: DEALS
TABLE 148 NISSAN MOTOR CORPORATION: OTHERS
13.1.7 MAHINDRA & MAHINDRA LTD.
TABLE 149 MAHINDRA & MAHINDRA LTD.: BUSINESS OVERVIEW
FIGURE 49 MAHINDRA & MAHINDRA LTD.: COMPANY SNAPSHOT
FIGURE 50 MAHINDRA & MAHINDRA LTD.: MANUFACTURING PLANTS IN INDIA
FIGURE 51 MANUFACTURING FACILITIES GLOBALLY
TABLE 150 MAHINDRA & MAHINDRA LTD.: PRODUCTS OFFERED
TABLE 151 MAHINDRA & MAHINDRA LTD: DEALS
TABLE 152 MAHINDRA & MAHINDRA LTD.: OTHERS
13.1.8 IVECO
TABLE 153 IVECO: BUSINESS OVERVIEW
TABLE 154 IVECO: PRODUCTS OFFERED
TABLE 155 IVECO: NEW PRODUCT DEVELOPMENTS
TABLE 156 IVECO: DEALS
13.1.9 LONDON ELECTRIC VEHICLE COMPANY
TABLE 157 LONDON ELECTRIC VEHICLE COMPANY: BUSINESS OVERVIEW
TABLE 158 LONDON ELECTRIC VEHICLE COMPANY: PRODUCTS OFFERED
TABLE 159 LONDON ELECTRIC VEHICLE COMPANY: NEW PRODUCT DEVELOPMENTS
TABLE 160 LONDON ELECTRIC VEHICLE COMPANY: DEALS
13.1.10 FIAT
TABLE 161 FIAT: BUSINESS OVERVIEW
TABLE 162 FIAT: PRODUCTS OFFERED
TABLE 163 FIAT: NEW PRODUCT DEVELOPMENTS
TABLE 164 FIAT: DEALS
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
13.2 OTHER PLAYERS
13.2.1 YINLONG ENERGY
13.2.2 GOLDEN DRAGON
13.2.3 RIVIAN
13.2.4 ZENITH MOTORS
13.2.5 WORKHORSE GROUP
13.2.6 ARRIVAL
13.2.7 KINGSTAR VEHICLE CO., LTD.
13.2.8 CHANJE ENERGY
13.2.9 LIGHTNING EMOTORS
13.2.10 KING LONG
13.2.11 CHANGSHA SUNDA NEW ENERGY TECHNOLOGY CO., LTD.
14 RECOMMENDATIONS BY MARKETSANDMARKETS
14.1 BATTERY ELECTRIC VEHICLES TO BE KEY FOCUS MARKET FOR ELECTRIC VANS
14.2 REFRIGERATED SERVICES SEGMENT TO BE MAJOR MARKET FOR ELECTRIC VANS
14.3 CONCLUSION
15 APPENDIX
15.1 KEY INSIGHTS FROM INDUSTRY EXPERTS
15.2 DISCUSSION GUIDE
15.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.4 CUSTOMIZATION OPTIONS
15.5 RELATED REPORTS
15.6 AUTHOR DETAILS
