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Global COVID Impact on Electric Vehicle Market Size study, by Type (Battery Electric Vehicles (BEV), Hybrid Electric Vehicles (HEV), Plug-in Hybrid Electric Vehicles (PHEV)), by Vehicle Class (Mid-Priced, Luxury), by Vehicle Type (Two-wheelers, Passenger Cars, Commercial Vehicles) and Regional Forecasts 2020-2026

  • BIZ3848361
  • 200 Pages
  • May 2020
  • Automotive and Transportation
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Global COVID Impact on Electric Vehicle Market is valued approximately at USD 162 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 22.6% over the forecast period 2020-2026. An electric vehicle (EV) runs on electricity contrasting its counterpart, that functions on fuel. As opposed to internal combustion engine, these vehicles operate on an electric motor that involves continuous supply of energy from batteries. Electric vehicles are mainly intended to replace typical ways of travel as they cause environmental pollution. The vehicles are powered either through a collector system with the help of electricity from charging stations or can be charged by self-charging devices like turbochargers and regenerative braking systems. However, the COVID-19 outbreak poses a great challenge to the global automobile industry as there is lockdown in several countries, due to which production of electric vehicles is restricted. Also, the operations of some vital companies are being affected by COVID-19 pandemic such as Nissan Motor Co., BMW AG, Daimler AG, Tesla, Inc and Kia Motors Corp. These companies have stopped their production facilities and moved their interest towards the production of personal protective equipment, which has resulted in the changing dynamic of these market spaces. Whereas, in the future, the government stimulus packages could help the EV market to came out through an economic crisis by COVID-19 by investing heavy amounts in EV charging infrastructure. Thus, this factor is expected to drive the market growth in the forthcoming years. Further, increasing adoption of electric vehicles and growing concerns over environmental pollution are some other factors responsible for high CAGR of the market over the forecast period. According to the Edison Electric Institute, it is estimated that global electric vehicles sales totalled about 312,000 in Q1 2018, an increase of 58% compared to Q1 2017. However, high manufacturing cost is one of the major factors constraining the market growth over the forecast period of 2020-2026.

The regional analysis of global COVID Impact on Electric Vehicle market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share owing to rising acceptance of electric vehicle, along with the development of more advanced and fast charging stations in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026, due to the government efforts for reducing carbon emission, particularly in the countries such as China and India.

Major market player included in this report are:

Bayerische Motoren Werke AG (BMW)

BYD Company Limited

Daimler AG

Energica Motor Company S. p. A

Ford Motor Company

General Motors Company

Nissan Motor Co., Ltd.

Tesla, Inc.

Toyota Motor Corporation

Volkswagen AG

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Battery Electric Vehicles (BEV)

Hybrid Electric Vehicles (HEV)

Plug-in Hybrid Electric Vehicles (PHEV)

By Vehicle Class:

Mid-Priced

Luxury

By Vehicle Type:

Two-wheelers

Passenger Cars

Commercial Vehicles

By Region:

North America

U.S.

Canada

Europe

UK

Germany

Asia Pacific

China

India

Japan

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017, 2018

Base year – 2019

Forecast period – 2020 to 2026

Target Audience of the Global COVID Impact on Electric Vehicle Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

TABLE OF CONTENTS

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)

1.2.1. COVID Impact on Electric Vehicle Market, by Region, 2018-2026 (USD Billion)

1.2.2. COVID Impact on Electric Vehicle Market, by Type, 2018-2026 (USD Billion)

1.2.3. COVID Impact on Electric Vehicle Market, by Vehicle Class, 2018-2026 (USD Billion)

1.2.4. COVID Impact on Electric Vehicle Market, by Vehicle Type, 2018-2026 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global COVID Impact on Electric Vehicle Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global COVID Impact on Electric Vehicle Market Dynamics

3.1. COVID Impact on Electric Vehicle Market Impact Analysis (2018-2026)

3.1.1. Market Drivers

3.1.2. Market Challenges

3.1.3. Market Opportunities

Chapter 4. Global COVID Impact on Electric Vehicle Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global COVID Impact on Electric Vehicle Market, by Type

5.1. Market Snapshot

5.2. Global COVID Impact on Electric Vehicle Market by Type, Performance - Potential Analysis

5.3. Global COVID Impact on Electric Vehicle Market Estimates & Forecasts by Type 2016-2026 (USD Billion)

5.4. COVID Impact on Electric Vehicle Market, Sub Segment Analysis

5.4.1. Battery Electric Vehicles (BEV)

5.4.2. Hybrid Electric Vehicles (HEV)

5.4.3. Plug-in Hybrid Electric Vehicles (PHEV)

Chapter 6. Global COVID Impact on Electric Vehicle Market, by Vehicle Class

6.1. Market Snapshot

6.2. Global COVID Impact on Electric Vehicle Market by Vehicle Class, Performance - Potential Analysis

6.3. Global COVID Impact on Electric Vehicle Market Estimates & Forecasts by Vehicle Class 2016-2026 (USD Billion)

6.4. COVID Impact on Electric Vehicle Market, Sub Segment Analysis

6.4.1. Mid-Priced

6.4.2. Luxury

Chapter 7. Global COVID Impact on Electric Vehicle Market, by Vehicle Types

7.1. Market Snapshot

7.2. Global COVID Impact on Electric Vehicle Market by Vehicle Types, Performance - Potential Analysis

7.3. Global COVID Impact on Electric Vehicle Market Estimates & Forecasts by Vehicle Types 2016-2026 (USD Billion)

7.4. COVID Impact on Electric Vehicle Market, Sub Segment Analysis

7.4.1. Two-wheelers

7.4.2. Passenger Cars

7.4.3. Commercial Vehicles

Chapter 8. Global COVID Impact on Electric Vehicle Market, Regional Analysis

8.1. COVID Impact on Electric Vehicle Market, Regional Market Snapshot

8.2. North America COVID Impact on Electric Vehicle Market

8.2.1. U.S. COVID Impact on Electric Vehicle Market

8.2.1.1. Type breakdown estimates & forecasts, 2016-2026

8.2.1.2. Vehicle Class breakdown estimates & forecasts, 2016-2026

8.2.1.3. Vehicle Type breakdown estimates & forecasts, 2016-2026

8.2.2. Canada COVID Impact on Electric Vehicle Market

8.3. Europe COVID Impact on Electric Vehicle Market Snapshot

8.3.1. U.K. COVID Impact on Electric Vehicle Market

8.3.2. Germany COVID Impact on Electric Vehicle Market

8.3.3. Rest of Europe COVID Impact on Electric Vehicle Market

8.4. Asia-Pacific COVID Impact on Electric Vehicle Market Snapshot

8.4.1. China COVID Impact on Electric Vehicle Market

8.4.2. India COVID Impact on Electric Vehicle Market

8.4.3. Japan COVID Impact on Electric Vehicle Market

8.4.4. Rest of Asia Pacific COVID Impact on Electric Vehicle Market

8.5. Latin America COVID Impact on Electric Vehicle Market Snapshot

8.5.1. Brazil COVID Impact on Electric Vehicle Market

8.5.2. Mexico COVID Impact on Electric Vehicle Market

8.6. Rest of The World COVID Impact on Electric Vehicle Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. Bayerische Motoren Werke AG (BMW)

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Product Summary

9.2.1.5. Recent Developments

9.2.2. BYD Company Limited

9.2.3. Daimler AG

9.2.4. Energica Motor Company S. p. A

9.2.5. Ford Motor Company

9.2.6. General Motors Company

9.2.7. Nissan Motor Co., Ltd.

9.2.8. Tesla, Inc.

9.2.9. Toyota Motor Corporation

9.2.10. Volkswagen AG

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

List of Tables

TABLE 1. LIST OF SECONDARY SOURCES, USED IN THE STUDY OF GLOBAL COVID IMPACT ON ELECTRIC VEHICLE MARKET

TABLE 2. LIST OF PRIMARY SOURCES, USED IN THE STUDY OF GLOBAL COVID IMPACT ON ELECTRIC VEHICLE MARKET

TABLE 3. GLOBAL COVID IMPACT ON ELECTRIC VEHICLE MARKET, REPORT SCOPE

TABLE 4. YEARS CONSIDERED FOR THE STUDY

TABLE 5. EXCHANGE RATES CONSIDERED

TABLE 6. GLOBAL COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY REGION 2016-2026 (USD BILLION)

TABLE 7. GLOBAL COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY TYPE 2016-2026 (USD BILLION)

TABLE 8. GLOBAL COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY VEHICLE CLASS 2016-2026 (USD BILLION)

TABLE 9. GLOBAL COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY VEHICLE TYPE 2016-2026 (USD BILLION)

TABLE 10. GLOBAL COVID IMPACT ON ELECTRIC VEHICLE MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 11. GLOBAL COVID IMPACT ON ELECTRIC VEHICLE MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 12. GLOBAL COVID IMPACT ON ELECTRIC VEHICLE MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 13. GLOBAL COVID IMPACT ON ELECTRIC VEHICLE MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 14. GLOBAL COVID IMPACT ON ELECTRIC VEHICLE MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 15. GLOBAL COVID IMPACT ON ELECTRIC VEHICLE MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 16. GLOBAL COVID IMPACT ON ELECTRIC VEHICLE MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 17. GLOBAL COVID IMPACT ON ELECTRIC VEHICLE MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 18. GLOBAL COVID IMPACT ON ELECTRIC VEHICLE MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 19. GLOBAL COVID IMPACT ON ELECTRIC VEHICLE MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 20. U.S. COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 21. U.S. COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 22. U.S. COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 23. CANADA COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 24. CANADA COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 25. CANADA COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 26. UK COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 27. UK COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 28. UK COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 29. GERMANY COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 30. GERMANY COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 31. GERMANY COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 32. ROE COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 33. ROE COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 34. ROE COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 35. CHINA COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 36. CHINA COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 37. CHINA COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 38. INDIA COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 39. INDIA COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 40. INDIA COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 41. JAPAN COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 42. JAPAN COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 43. JAPAN COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 44. ROAPAC COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 45. ROAPAC COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 46. ROAPAC COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 47. BRAZIL COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 48. BRAZIL COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 49. BRAZIL COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 50. MEXICO COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 51. MEXICO COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 52. MEXICO COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 53. ROLA COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 54. ROLA COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 55. ROLA COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 56. ROW COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 57. ROW COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 58. ROW COVID IMPACT ON ELECTRIC VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

 
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