DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Light Electrical Vehicle Market - Forecast (2014-2021)" report to their offering.
Electric vehicles uses one or more electric motors for propulsion, instead of gasoline. Electric vehicles are more energy efficient, environment friendly, and require lesser maintenance, as compared to conventional vehicles with internal combustion engines (ICEs). However, the weight of electric vehicles increased considerably by usage of traditional heavy batteries. Thus, light weight electric vehicles were introduced in the market.
Globally demand for light electric vehicles is being driven by growing environmental concerns, stringent emission regulations and financial assistance provided by government, and performance benefits. However, the dive in oil prices that began in mid-2014 has negatively affected the market.
Geographically Europe & North America dominated global light electric vehicles market, the reason being proper infrastructure such as charging stations have been developed in this region, along with various government initiatives to promote the sales of electric vehicles. Asia Pacific will grow at the fastest rate, owing to rising environmental concerns, and vehicle emission norms getting stringent. Plug-in Hybrid Electric Vehicle (PHEV) electronics had the largest market in 2015 among all types, and is expected to grow at a highest CAGR between 2016 and 2022.
- Tesla Motors, Inc.
- CODA Automotive Inc.
- Karma Automotive, LLC
- Nissan Motor Company Ltd
- General Motors Company
- Daimler AG
- Groupe PSA
- Toyota Motor Corporation
- Adam Opel AG
The Ford Motor Company
Key Topics Covered:
1. Market Overview
2. Executive Summary
3. Market Landscape
4. Market Forces
5. Strategic Analysis
6. Global Light Electric Vehicle Market, By Type (2014-2021)
7. Global Light Electric Vehicle Market, By Geography (2014-2021)
8. Market Entropy
9. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/jbq2lq/light_electrical
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