Europe Electric Car Market Driven by Extensive Government Support

The European electric car market is witnessing rapid growth owing to the elevation in the consumer demand for shared mobility, strict government policies to lower the pollution levels, reduction in the costs of batteries, and improvements in the environmental awareness among...

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Electric Car Witnessing Robust Growth in Asian Region

The Asia-Pacific electric car market is dominated by China with Japan being a distant second. This is followed by South Korea and India. The overall share of electric cars in the total car sales in Asia-Pacific region is negligible. Small cars account for a significant share...

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Need to Lower Carbon Dioxide Emissions to Augment the Electric Car Market Growth

The compliance to the stringent emission norms across the globe, combined with government incentives and subsidies for electric vehicle (EV) adoption, is positively influencing the electric car market. In 2017, 927,485 electric cars were sold, and the market is expected to...

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Hybrid Electric Car Puts Tech On Track

The strict government regulations on the emission of carbon dioxide (CO2) from vehicles and the fall in battery prices are some of the reasons behind the growth of the hybrid electric car market. In 2017, the market generated a revenue of $57,164.8 million, and it is expected...

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