Automotive Market Research Reports

Europe continues to be the leading market for electric vehicles. BEVs are considered ‘clean’ innovations where tech gadgets render high-tech attributes when compared to ICEs. Frost & Sullivan assessed new customer attitudes and preferences for alternative vehicles and powertrains by vehicle segment and key demographics. Frost & Sullivan carried...

This strategic analysis offers an overview of BYD, primarily focusing on China Mainland and the countries to which it exports. BYD was a battery company before it joined the automotive manufacturing industry. With its rich background in batteries, it is the first EV OEM with a vertically integrated value chain and leader in the global EV market. ...

Industry-wide fleet average CO2 emission targets for 2025 have been set to be 15% lower than 2020 levels, while 2030 levels will be 37.5% lower than 2020 levels. These targets are more stringent and are for cars only (separate targets are set for LCVs). Once the focus area for emission reduction, developments in IC engines no longer play an inte...

Battery swap services are emerging solutions in China and the world. They provide quick battery replacement in 3-10 minutes. In addition, in comparison to traditional charging solutions, they offer significant time savings. Charging solutions in the Chinese electric vehicle (EV) market are being revolutionized. The government encourages the use ...

20 Oct 2021  |  Asia Pacific  |  Market Research

ASEAN Hybrid and Electric Vehicle Growth Opportunities

The Transformative Mega Trends Driving Energy-efficient and Electrification Technologies in Indonesia, Malaysia, and Thailand

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Major Association of Southeast Asian Nation (ASEAN) countries rely on internal combustion engine (ICE) passenger vehicles. National incomes and infrastructure development also drive motorcycles’ popularity. Hybrid and electric vehicle penetration only accounted for 0.3%, 1.3%, and 9%, respectively, in the total new passenger vehicle sales in Indo...

COVID-19s impact on the electric vehicles (EVs) market has been limited since EV development has been incorporated into every leading OEMs long-term growth strategy. The main challenges to mass EV adoption relate to battery costs, battery chemistries, charging times, and charging infrastructure. These are being addressed by stakeholders across the ...

Automotive industry is rapidly evolving in terms of technology as well as tackling environmental issues. Electric vehicles (EVs) have been introduced as a clean energy initiative due to low or zero emissions and have come a long way to become an integral part of OEMs’ business strategies. Automakers are creating separate EV business units to...

05 Feb 2021  |  Europe  |  Market Research

Transformation of Electric Vehicle Charging Technologies, Forecast to 2027

11kW On-board Chargers Likely to become a Standard on BEVs by 2027

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The automotive industry is evolving rapidly, both in terms of technology and in tackling environmental issues. Electric vehicles (EVs) have been introduced as a clean energy initiative and are just now becoming an integral part of OEMs business strategies. Automakers like Volkswagen, Hyundai-Kia, and Renault-Nissan-Mitsubishi (RNM) are creating sep...

22 Jan 2021  |  Europe  |  Market Research

Electric Vehicle (EV) Regulation Overview in Key European Markets 2020

Cash Incentives to be Discontinued in the Next 3–5 years; Non-cash Incentives to Prevail for at least 10 Years

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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 creati...