© 2017 Global Market Insights, Inc. USA. All Rights Reserved Battery Electric Vehicles (BEV) Market to exceed $425 Bn by

 Electric automakers are also investing in R&D to significantly boost the amount of energy a battery cell can store and bring an electric vehicle’s performance range in line with a gasoline-powered vehicle, thereby escalating the battery electric vehicles market share over the study timeframe.  Electric automakers are increasingly adopting Lithium-ion batteries for powering battery electric vehicles owing to benefits offered including higher energy density, lower maintenance, self-discharge, and no requirements for priming.  Increasing prevalence of greenhouse gases along with rising concerns associated with carbon emissions are driving the battery electric vehicles market growth over the projected timeframe. Incentives, tax reductions, and free charging facilities are the main factors encouraging customers to opt for battery electric vehicles © 2017 Global Market Insights, Inc. USA. All Rights Reserved  Battery Electric Vehicles Market Scenario:

 Automotive will register significant growth in the battery electric vehicles market on account of higher requirement for personal mobility solutions. The availability of a wide range of features and facilities including autonomous driving technologies and ability to diagnose vehicle problems through over the air updates and online software updating facilities further escalates the industry share over the study timeframe. Continue :- © 2017 Global Market Insights, Inc. USA. All Rights Reserved Get sample copy of this research

© 2017 Global Market Insights, Inc. USA. All Rights Reserved Make An Inquiry To Purchase This  Competitive Analysis:  Some of the key players in the battery electric vehicles market place include General Motors, Daimler AG, Honda Motor Co., Ltd., Groupe Renault, Volkswagen, Toyota Motor Corporation, BMW Group, and Hyundai Motor Company.  Regional Analysis:  Asia Pacific battery electric vehicles market is expected to observe momentous growth owing to the prevalence for government policies and subsidies.  North America battery electric vehicles market will grow considerably at over 13% from 2019 to This is attributed to the presence of multiple players focusing on offering a wide range of electric vehicles

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