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Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
Time for a Digital Revolution in the Women’s Health Market
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The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
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The automotive industry is rapidly evolving in terms of technology as well as tackling environmental issues. Electric vehicles have been introduced as a clean energy initiative, as they have low or zero emissions and have come a long way to become an integral part of OEMs’ business strategies. Automakers such as PSA and Volkswagen are creating separate EV business units to be prepared for the expected EV boom in the future.Asia has been dominating the market up until recently but things have changed in 2020. Europe has emerged as the clear leader as of September 2020 with the continent registering sales of about 800,000 units. Due to the COVID-19 crisis, China registered only 700,000 units compared to around 1,115,000 units in September 2019. Although Europe had also gone into a temporary lockdown in Q2 2020, to curb the effect, governments have announced stimulus packages that include generous EV subsidies and incentives (doubled in few countries) that have resulted in almost doubling of sales compared to January to September 2019.Countries across Europe have similar approaches with various types of EV purchase incentives, EV taxation policies, EV infrastructure incentives, and urban access regulations. By far, EV purchase incentives such as cash rebates and scrappage incentives have impacted the most on EV sales as is evident in Germany and France where sales have grew more than 140% and 160%, respectively, in January to September 2020 compared to the same period in 2019. Favorable EV taxation policies (e.g., exemption from registration and ownership tax on purchase of EVs) have also led to an increase in demand in Italy and Norway. Creation of low and ultra-low emission zones have also pushed consumers into buying plug-in electric vehicles, especially in the UK, where driving a petrol (below Euro 4) or diesel (before Euro 6) vehicle can attract a fine of £12.50 per day in certain low emission zones (LEZs).This study gives a detailed analysis of EV incentives, subsidies, and taxation scenarios in each European country and their impact on EV sales.
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Transformation of Electric Vehicle Charging Technologies and Charging Infrastructure
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Strategic Analysis of the Electric Vehicle Market in Norway
Strategic Analysis of the EV Market in Netherlands
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Frost Radar™: Global Electric Vehicle Charging Infrastructure Market, 2020
BEVs and MHEVs Driving Electric Vehicle Sales in France
Rapid Evolution of the Italian Market for Electric Vehicles
fleet management market
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