© 2017 Global Market Insights, Inc. USA. All Rights Reserved Battery Electric Vehicles Market Growth Potential, Price Trends, Competitive Market Share & Forecast,

 Financial incentives offered by governments such as vehicle registration tax exemptions, free access to toll roads, tax credits, and free charging facilities are among the major factors accelerating the battery electric vehicles market share over the forecast timeframe.  Moreover, easier diagnostics and repair facilities are enabling consumers to opt for such vehicles owing to convenient services. For instance, Tesla offers over-the-air (OTA) updates for its electric vehicles to diagnose problems and issues offering reliable and fast servicing solutions.  Improvements in battery technologies, higher driving range, and charging infrastructure are providing a significant boost to battery electric vehicles market expansion. Industry players are constantly investing in R&D to diversify and expand their product portfolio to target a wide customer base. © 2017 Global Market Insights, Inc. USA. All Rights Reserved  Battery Electric Vehicles Market Scenario:

 The uptake of battery electric vehicles is largely driven by supporting policy environment. Major economies across the globe are focusing on reducing the dependency on conventional fuels by phasing out diesel and gasoline engine vehicles.  The rising demand for electric heavy-duty trucks is attributed to the benefits offered including higher efficiency, lower maintenance costs, and the availability of superior power and torque. Industry players are engaged in developing advanced electric powertrain for improving the electric truck performance in diversified operating conditions. 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:  Few of the key players in the battery electric vehicles market place include BYD company Ltd., BMW, Daimler AG, Volkswagen AG, Ford Motor Company, Toyota Motor Corporation, Nissan Motor Corporation, Hyundai Motor Company, and Tesla Inc. Industry participants are focusing on introducing a new range of battery electric vehicles for increasing their revenue generation  Regional Analysis:  North America battery electric vehicles will account for a considerable share on account of favorable government incentives and tax policies. Additionally, governments across the region are focusing on developing charging infrastructure to support the growing demand for such vehicles.

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