In a new report published by Persistence Market Research titled “Electric Vehicle Market: India Industry Analysis (2012-2016) and Forecast (2017-2025),” it has been observed that the India electric vehicles market is expected to expand at a CAGR of 77% in terms of value during the forecast period. According to this report, market players are focusing on expanding their presence in India where the electric vehicles industry is growing at a rapid rate. Key players operating in the market are focusing on entering into tie-ups with local vendors, distributors and aftermarket companies to promote their products.
The electric vehicle market in India is anticipated to create lucrative opportunities for electric vehicle manufacturers as well as for vehicle component manufacturers in the near future. Owing to this fact, huge investments are already being planned by many key vendors in the Indian market to capitalize on the opportunities provided by the high potential market for electric vehicles in the subcontinent.
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FACTS AT A GLANCE
Companies: Mahindra & Mahindra Ltd.,MARUTI SUZUKI INDIA LIMITED,Toyota Motor Corporation,AB Volvo,Tata Motors,Ashok Leyland,Hero Electric Vehicles Private Limited,Honda Motor Co., Ltd.,Bayerische Motoren Werke AG,Avon Cycles Ltd,Lohia Auto Industries,Electrotherm (India) Ltd,Yamaha Golf-Car Company,Club Car, LLC,Speedways Electric,Maini Material Movement Pvt. Ltd.,Auto Power,Carrieall Car Private Limited,Ampere Vehicles Pvt. Ltd.,Tunwal E-Vehicle India Pvt. Ltd,Others
Coverage: All major geographies and key segments
Segments: India Electric Vehicles Market Segmented By Hybrid Electric Vehicle, Plug-In Hybrid Electric Vehicle, Battery Electric Vehicle Technology with Stored Electricity, On-Board Electric, Generator Power Source with Series Hybrid, Parallel Hybrid, Combined Hybrid Powertrain
Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
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ABSTRACT-
Planning Forward? Access Sample of India Electric Vehicles Market Report @ https://www.persistencemarketresearch.com/samples/20800
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