Search results for: 'maintain electric'

In the Indian commercial electric 3-wheeler (e3W) space, original equipment manufacturers (OEMs) are focusing on exports to sustain business and continuously exploring new markets to penetrate and mitigate losses in the domestic market. Electric L5 3Ws are currently in high demand in nations such as the United Kingdom, Greece, France, Sub-Saharan A...

Electric three-wheelers (E3Ws) in Asia have registered significant growth due to increasing fuel prices, favorable policies, and government initiatives to improve charging infrastructure, accelerating electric vehicle (EV) adoption in the region. E3Ws are also gaining popularity as they are an environment-friendly option and have low operating cost...

The adoption of electric four-wheelers in India is growing at a promising pace, making it a major market for global companies. The growth of the electric vehicle (EV) market in the country is predominantly driven by government initiatives and incentives, as well as environmental awareness. To keep up with the growing demand, global and domestic com...

The electrified vehicle (xEV) industry in Latin America is at an emerging stage, in terms of vehicle sales, charging infrastructure, and regulations. However, it has been growing at a fast pace, primarily because of the entry of new models and the launch of purchase incentives. For example, in 2022, almost 157,000 electrified units were sold in the...

14 Jun 2023  |  North America  |  Market Research

Executive Analysis of Global Policies and Regulations Supporting Electric Vehicles by Region

Incentives, Taxes, and Infrastructural Benefits in Europe, Asia-Pacific, and North America

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This report looks into and analyses the monetary and non-monetary benefits that government agencies offer to promote electric vehicle (EV) adoption. These benefits are in the form of direct purchase incentives, tax and VAT rebates, and benefits in kind. The scope of the study covers major EV markets in Europe (France, Germany, Italy, Spain, Unit...

Over 21.6 million units of light-duty electric vehicles (EVs) were sold worldwide in 2025, representing a 23.5% year-over-year (YoY) growth. Battery electric vehicles (BEVs) accounted for 66.8% of all EVs sold, while plug-in hybrid electric vehicles (PHEVs) accounted for 33.2%. The PHEV share declined by 3% in 2025. The global EV penetration in the...

21 Feb 2024  |  North America  |  Market Research

Global Growth Opportunities in the Electric Transit Bus and Coach Market, 2030

Europe, North America, and India Will Experience a Resurgence of the Industry

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Emission regulations, battery price drop, the emergence of low emission zones, purchase subsidy, and tax exemptions will drive electric bus growth across the world. The growing adoption of electric transit buses has opened the path for global sourcing and supply of alternate powertrain buses. The industry is fertile ground for strong collaborations...

The global automotive industry is undergoing a transformative shift towards electric vehicles (EVs). Governments across the world are encouraging the public to adopt EVs to meet sustainability goals. This study provides a measurement tool to conduct a multi-dimensional analysis of various countries across the Americas, Africa, Asia-Pacific, Europe,...

This Frost & Sullivan study provides an outlook for the electric vehicle industry based on the latest industry data; it provides an outline of current trends and an in-depth analysis of future developments, as well as a breakdown of the main stakeholders in the sector and their performance. EV sales in 2022 amounted to a total of 10.5 million, of...