electric vehicle market analysis

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02 Feb 2024  |  Asia Pacific

Strategic Analysis of the ASEAN Hybrid and Electric Vehicle Market

Robust 4-wheeler Electrification Trends Driving EV Expansion in Thailand, Indonesia, Malaysia, and Vietnam

The study covers the hybrid and electric passenger vehicles market in 4 ASEAN countries: Indonesia, Malaysia, Thailand, and Vietnam. With a market overview based on 2022, the historical period of the study covers 2020 2021, while the forecast period is from 2023 to 2030. The market overview encompasses the overall 4-wheeler passenger vehicle mar...

25 Jan 2024  |  North America

Global Electric Vehicle Attractiveness Analysis: 2024 2030

Transformational Growth in Top Electric Vehicle Markets Tracked based on Key Factors

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,...

17 Nov 2023  |  North America

Overview of Original Equipment Manufacturer Battery Electric Vehicle Battery Aftersales Services

Long-term Sustainable Partnerships in the Value Chain Will Be the Base for Growth Potential in Electric Vehicle OEM Battery Aftersales

Electric vehicle (EV) battery aftersales are a key aspect of the EV customer journey, as they affect the vehicle s performance, reliability, and lifespan. Original equipment manufacturers (OEMs) need to offer innovative and tailored solutions that address customer pain points and preferences, such as battery health monitoring, warranty extension, r...

30 Aug 2023  |  North America

Growth Opportunities and Use Cases for Electric Vehicle Fleet Management in North America and Europe

Partnerships that Enable Charging, Energy Transactions, and Battery Analytics Integration Hold Future Growth Potential

In the dynamic landscape of commercial electric vehicles (EVs), partnerships play a crucial role in driving widespread adoption. The epitome of such partnerships is effective EV fleet management solutions that seamlessly combine technologies to revolutionize the entire EV life cycle. Success hinges on these solutions’ ability to transform smart c...

07 Jul 2023  |  North America

Latin American Electric Vehicle Charging Infrastructure Growth Opportunities

Strategic Partnerships Boost Charging Infrastructure Development

The Latin American charging infrastructure market is emerging, but the number of charging points is reducing. In 2022, for example, the region had 6,492 public and semi-public charging points to cater to an electric vehicle (EV) parc of about 89 thousand units. Despite that, the market is expected to witness rapid growth, especially due to the risi...

07 Jul 2023  |  Global

Latin American Electric Vehicle Charging Infrastructure Market 2023

Strategic Partnering enhanced by growth opportunities in the Development of Charging Infrastructure

The charging infrastructure market in Latin America is at an emerging stage, with a reduced number of charging points available. In 2022, for example, there were 6,492 public and semi-public charging points in the region to cater to an electric vehicle (EV) parc of around 89 thousand units. Despite that, it is expected to grow at a fast pace, espec...

06 Jul 2023  |  North America

Latin American Hybrid and Electric Vehicles Growth Opportunities

Competitive Intensity Driven by the Entry of New Participants Stimulates Electrified Vehicle Sales

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

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

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

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...

23 Dec 2022  |  Europe

Voice of the Customer: Electric Vehicle & Powertrain Services and Features, 2022

European Customer Survey to Assess EV Drivers, Attributes, and Charging Infrastructure

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...


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23 Dec 2022  |  Latin America

Electric Vehicle Competitive Landscape for Key North American Vehicle Manufacturers & xEV Component Strategies

Future Growth Potential of Vehicle Electrification and Milestones of Automakers

Stringent emission regulations boost the growth of the emerging EV industry. Supply chain disruptions caused by COVID-19 and the Russo-Ukrainian war have led to a surge in commodity prices, which affected the global automotive value chain. In addition, economic sanctions between multiple countries have complicated the procurement of EV components;...


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22 Dec 2022  |  North America

Frost Radar™: Electric Vehicle Leasing in North America, 2022

A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines

In 2021, the electric vehicle (EV) penetration rate in North America was low, at less than 4%, but several geopolitical factors are sending the trend on an upwards trajectory. For example, a ban on Russian oil by the United States and Canada after the start of the Russo-Ukrainian War has caused oil prices to soar in many places. As a result, the vo...


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14 Nov 2022  |  North America

North American Electric Vehicle Leasing Growth Opportunities

While Electric Vehicle Leasing Revenue is Set to Cross $4.0 Billion per Annum by 2026, Market Participants Should Devise Flexible Operational Leasing Contracts with Shorter Contract Periods to Drive Demand for their Product Offerings

Vehicle leasing solves several challenges associated with an organization's mobility needs, such as vehicle funding, fleet maintenance, and residual risk. To focus on their core products and services, businesses have to outsource support activities related to mobility, ranging from fleet purchasing to remarketing. Without an expert team on the job,...


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26 Oct 2022  |  North America

Growth Opportunities from Digital Retail Initiatives for New Electric Vehicles in Europe, North America, and China

Online and Agency Sales Channels will Drive Competitive Intensity

This Frost & Sullivan research service analyzes digital retail initiatives in new electric vehicle (EV) sales, focusing on the European, North American, and Chinese new electric passenger vehicle market. It provides an overview of the digitalization influence on stakeholders in the retail value chain. This study discusses potential digital trend...


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11 Oct 2022  |  North America

Growth Opportunities in Electric Vehicle (EV) Battery Reuse and Recycling

Government Regulations and Environmental Concerns Prompt Market Participants to Establish Circular Economy

Environmental concerns resulting from the increasingly apparent climate change effects drive the worldwide adoption of sustainable transportation. With governments phasing out vehicles that run on fossil fuels through stringent emissions regulations, people are purchasing electric vehicles (EVs) in significant numbers. The global EV market recorded...


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30 Jun 2022  |  North America

Global Electric Vehicle Battery Manufacturer Profiles and Growth Opportunities

Local Raw Material Procurement and Supply Contracts with Regional Manufacturers Offer Logistical Advantages and Optimized Growth Strategies

Automotive sales in 2021 continued the seismic shift to electric vehicles (EV) that began in 2020, defying even the most bullish estimates as global EV sales grew by more than 100% year over year (YoY) with close to 6.7 million units sold to achieve 8.9% penetration in the passenger car market. China and Europe led the way, closely followed by the ...


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13 Jun 2022  |  North America

Global Electric Vehicles Outlook, 2022

Competitive Intensity of Leading Manufacturers will Lead to more than 11.1 Million EVs Sold Globally

In 2021, of 6.7 million units sold, 70.7% were BEVs, and 29.1% were PHEVs. Global EV penetration increased from 4.4% in 2020 to 8.8% in 2021. APAC recorded a 151.7% YoY growth, the highest among others, helping it widen the gap between itself and Europe in 2021. Tesla retained the leadership with sales of 936,172 units, followed by the VW Group wit...


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29 Mar 2022  |  Global

Global Electric Vehicle Semiconductor Growth Opportunities

Future Growth Potential Enhanced by Vehicle Autonomy and Electrification, Stringent Emission Regulations and the Fleet Electrification Milestones of Automakers

The global electric vehicle (EV) semiconductor market is estimated to experience an approximate 32.1% compound annual growth rate (CAGR) from 2021 to 2026. Semiconductors contribute to making EVs efficient, interactive, and safe, supporting various in-vehicle interactivity features, vehicle firmware, and EV batteries and powertrains. The need for l...


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17 Feb 2022  |  Global

Growth Opportunities for Personal Protective Equipment in Global Electric Vehicles

Rapid Automotive Electrification and Need for Sustainable Solutions to Shape Future Growth Potential for PPE across the Value Chain

This research presents an assessment of the current status of and future prospects for personal protective equipment (PPE) in the global electric vehicles (EVs) industry. Revenue forecasts and analyses cover 4 regions: North America, Asia-Pacific, Europe, and the Rest of the World ([ROW] Middle East, Africa, and Latin America). This study quantifie...


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14 Feb 2022  |  Latin America

Latin American Hybrid and Electric Vehicles Growth Opportunities

Transformational Growth of Electric Vehicles due to Changing Regulations, OEM Strategies and Offers, Increasing Charging Infrastructure, and Varying Economic Situation of Latin America

This research service analyzes and provides growth forecasts for 2030 for the LATAM hybrid and electric vehicles market (PHEVs, HEVs, and BEVs). By 2030, the commercialization of approximately 1 million electrified vehicles is expected in LATAM, and the total electrified vehicles in operation will be about 5.4 million. Analyzing 2030 sales by techn...


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16 Nov 2021  |  North America

Global Electric Vehicle Charging Outlook, 2021

Charging Infrastructure is Witnessing Transformational Growth Driven by Rapid EV Penetration

In 2020 the adoption of Electric Vehicles (EVs) accelerated across the world, particularly in Europe and the US. This growth was driven by heavy incentivization to promote EV sales and boost the overall automotive market. Global EV penetration in 2020 was 4.8%. In Europe it was 9.7%, and in the US, it was 2.3%. This rapid growth has sustained into ...


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