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Europe Electric Car Market
Europe Electric Car Market by Propulsion Type (BEV, FCEV, PHEV, HEV), Power Output (Less Than 100kW, 100 kW to 250 kW), End Use (Private, Commercial), and Geography - Forecast to 2028
Report ID:MRAUTO - 104522 Pages: 134 Dec-2021 Formats*: PDF Category: Automotive and Transportation Delivery: 2 to 4 HoursThe European Electric Car Market is expected to reach a value of $855.17 billion by 2028, at a CAGR of 40.7 % during the forecast period 2021-2028. By volume, this market is expected to grow at a CAGR of 29.6% from 2021 to reach 11.9 million units by 2028.
Supportive government policies and regulations, rising environmental concerns, and increasing adoption of electric mobility in Europe are the key factors driving the growth of the European electric cars market. The growing adoption of autonomous driving vehicles and the increasing trend of shared mobility provides significant growth opportunities for market players in the coming years.
The Impact of COVID-19 on the European Electric Car Market
The outbreak of COVID-19 slowed down vehicle sales in Europe in 2020, including electric cars. The COVID-19 crisis led to disrupted supply chains, limited operations and workforce, and factory closures. This caused a severe decline in vehicle sales in Europe, especially in the electric vehicles segment. Consumer behavior has changed significantly since the pandemic. People have reduced the use of shared mobility services, and the total miles driven have also decreased due to remote working in most industries.
In Europe, during the lockdown, manufacturing facilities, supply chains, and consumer demands were paralyzed in the first half of 2020. However, the European electric cars market is moderately affected due to the strong policy support as 2020 was an important target year for emissions standards. The government supported the automotive industry by regulating policies that benefitted both consumers and manufacturers. Incentives and subsidies were notably increased on purchasing an electric car in Germany, the U.K., and Norway. Besides, the prices for batteries continued to reduce, which helped increase the adoption rate of electric cars in the region. In Europe, around 1,176,000 battery-electric and plug-in hybrid electric cars were sold in 2020. The sale of electric cars doubled in 2020, as compared to the previous year. Developed countries such as Germany, France, the U.K., and Norway commanded most of the stakes in this sale. Thus, the market is anticipated to grow significantly in the forecast period.
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Increasing Adoption of Electric Mobility in Europe
EVs have witnessed rapid evolution with the ongoing developments in the automotive sector. The rising consumer preference for shared mobility, growing adoption of mobility-as-a-service (MaaS), declining costs of high capacity batteries, and significant investment by EV manufacturers are fueling electric mobility adoption in emerging regions. Several companies are focusing on the development of innovative solutions for electric mobility and charging infrastructure. In 2020, Groupe Renault (U.K.) launched its INCIT-EV project, specifically for electromobility. The company offered innovative wireless charging solutions for EVs across Europe under this 48-month initiative. The project will focus on low-power bidirectional charging and static wireless charging in taxi lanes located at airports and central stations in Zaragoza, Spain.
Government supportive incentives in the form of tax reductions and grants for residential and commercial infrastructure encourage the adoption of electric mobility. For instance, in the Netherlands and Greece, the government offers incentives for purchasing and installing residential charging stations. It provides a deduction of up to 36% and a tax return of up to 75% on costs associated with purchasing and installing charging stations. The Finnish government announced an investment of approximately USD 6.57 million to expand charging infrastructure during 2020 and 2021. These developments are expected to support the growth of EVs in Europe in the coming years.
Key Findings in the European Electric Cars Market Study:
The fuel cell electric vehicles segment is projected to grow at the highest CAGR during the forecast period
Based on propulsion type, the hybrid vehicles segment is estimated to account for the largest share of the European electric cars market in 2021. However, the fuel cell electric vehicles segment is projected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to various advantages of electric cars such as fast refueling, zero tailpipe emissions, lighter and smaller battery pack, rising government initiatives for setting up hydrogen fuel cell charging stations, and increasing investments by leading automotive OEMs in the research and development of hydrogen fuel cell technology.
The 100kW to 250 kW segment is projected to grow at the highest CAGR during the forecast period
Based on power output, the less than 100 kW segment is estimated to account for the largest share of the European electric cars market in 2021. However, the 100 kW to 250 kW segment is projected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the increasing initiatives by leading automotive OEMs to introduce more powerful electric cars, increasing regulations to reduce tailpipe emissions and rising adoption of electric cars in developed economies
The commercial use segment is projected to grow at the highest CAGR during the forecast period
Based on end use, the private use segment is estimated to account for the largest share of the European electric cars market in 2021. However, the commercial use segment is projected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the increasing use of electric cars in shared mobility services and corporate taxi fleets, increasing regulations to reduce fleet emissions, and encouragement by global and state-level regulatory bodies to deploy policies promoting the adoption of electric cars for mobility services.
Sweden to be the fastest-growing market by value and by volume, Italy to be the fastest-growing market
Sweden is expected to witness the fastest growth during the forecast period. The factors attributed to the high growth of this country are growing consumer interests in buying electric cars over conventional diesel-powered cars and growing government support for increasing electric car sales across the country. Sweden is one of the leading European countries to ban diesel-powered vehicles and adopt electric mobility. In 2020, Sweden recorded a sale of 56,559 fully-electric or plug-in hybrids across the country, in which Volkswagen ID.3 remained the highest sold model accounting for the sale of 4,009 units. Plugin hybrid electric cars accounted for 30.1%, followed by battery electric cars (19.2%) of the total car sales in Sweden.
By Volume, Italy is projected to grow at the highest CAGR during the forecast period. Major factors attributed to the high growth of this country are government incentives for adopting electric vehicles, major automotive OEMs heavily investing in developing the electric mobility ecosystem, and stakeholders of electric mobility in Italy increasingly investing in the development of fast charging infrastructure across the country. Italy is actively investing in promoting the rapid adoption of electric mobility. The Government of Italy has planned to have 1 million electric cars on roads by 2022. The cost of transition to electric mobility is estimated at approximately EUR 10 billion, and government incentives for adopting electric vehicles would be around USD 10,000 per car. Moreover, Italy has announced plans to ban diesel vehicles by 2024. These factors support the high adoption of electric cars in Italy.
Key Players
The report includes a competitive landscape based on an extensive assessment of the key strategies adopted by the leading market participants in the European electric cars market over the last four years. The key players profiled in the European electric cars market are AB Volvo (Sweden), Alcraft Motor Company Ltd.,(U.K.), BMW Group (Germany), BYD Company Ltd. (China), Daimler AG (Germany), Ford Motor Company (U.S.), General Motors Company (U.S.), Honda Motor Co., Ltd. (Japan), Hyundai Motor Company (South Korea), Nissan Motor Co., Ltd. (Japan), Mitsubishi Motors Corporation (Japan), Tesla, Inc. (U.S.), Volkswagen AG (Germany), Toyota Motor Company (Japan), and Groupe Renault (France).
Scope of the Report
European Electric Car Market, by Propulsion Type
- Hybrid Vehicles
- Pure Hybrid Vehicles
- Plug-in Hybrid Vehicles
- Battery Electric Vehicles
- Fuel Cell Electric Vehicles
European Electric Car Market, by Power Output
- Less Than 100 kW
- 100 kW to 250 kW
European Electric Cars Market, by End-Use
- Private Use
- Commercial Use
European Electric Car Market, by Geography
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Netherlands
- Sweden
- Switzerland
- Norway
- Denmark
- Austria
- Belgium
- Croatia
- Finland
- Greece
- Hungary
- Ireland
- Poland
- Portugal
- Romania
- Slovakia
- Rest of Europe (RoE)
Key Questions Answered in the Report:
The European electric cars market report covers the market size & forecasts for the electric cars by propulsion type, power output, end use, and geography. The European electric cars market study in this report involves the value analysis of various segments and subsegments of the European electric cars market at country levels. Volume analysis of electric cars is done at the country level only.
The European electric cars market is projected to reach a value of $855.17 billion by 2028, at a CAGR of 40.7% during the forecast period.
Based on propulsion type, the hybrid vehicles segment is expected to account for the largest share of the European electric cars market in 2021.
Based on end use, the private use segment is expected to account for the largest share of the European electric cars market in 2021. However, the commercial use segment is expected to witness significant growth during the forecast period. The rapid growth of this segment is mainly attributed to the increasing use of electric cars in shared mobility services and corporate taxi fleets.
Supportive government policies and regulations, rising environmental concerns, and increasing adoption of electric mobility in Europe are supporting the growth of this market. However, the growing adoption of autonomous driving and the increasing trend of shared mobility is expected to create lucrative opportunities for players operating in this market.
The key players operating in the European electric cars market are AB Volvo (Sweden), Alcraft Motor Company Ltd., (U.K.), BMW Group (Germany), BYD Company Ltd. (China), Daimler AG (Germany), Ford Motor Company (U.S.), General Motors Company (U.S.), Honda Motor Co., Ltd. (Japan), Hyundai Motor Company (South Korea), Nissan Motor Co., Ltd. (Japan), Mitsubishi Motors Corporation (Japan), Tesla, Inc. (U.S.), Volkswagen AG (Germany), Toyota Motor Company (Japan), and Groupe Renault (France).
Sweden is expected to offer significant growth opportunities for the vendors in this market due to increasing consumer interest in purchasing electric cars to benefit from tax exemptions on the vehicles and banning conventional fuel-powered vehicles.
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1. Introduction
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency and Limitations
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research
2.3. Market Assessment
2.3.1. Market Size Estimation
2.3.1.1. Bottom-Up Approach
2.3.1.2. Growth Forecast
2.3.1.3. COVID-19 Impact Assessment
2.4. Assumptions for the Study
3. Executive Summary
4. The Impact of COVID-19 on the European Electric Cars Market
4.1. Scenario A: Severe Impact
4.2. Scenario B: Slow Recovery
4.3. Scenario C: Fast Recovery
5. Market Insights
5.1. Introduction
5.2. Market Dynamics
5.3. Drivers
5.3.1. Supportive Government Policies and Regulations
5.3.2. Rising Environmental Concerns
5.3.3. Increasing Adoption of Electric Mobility in Europe
5.4. Restraints
5.4.1. High Costs of Electric Cars
5.5. Opportunities
5.5.1. Growing Adoption of Autonomous Driving Vehicles
5.5.2. Rising Trend of Shared Mobility
5.6. Challenges
5.6.1. Range Anxiety Associated with the Use of Electric Cars
5.6.2. Lack of Fast-Charging Infrastructure
5.7. Value Chain Analysis
6. European Electric Cars Market, by Propulsion Type
6.1. Introduction
6.2. Hybrid Electric Vehicles
6.2.1. Pure Hybrid Electric Vehicles
6.2.2. Plug-In Hybrid Electric Vehicles
6.3. Battery Electric Vehicles
6.4. Fuel Cell Electric Vehicles
7. European Electric Cars Market, by Power Output
7.1. Introduction
7.2. Less Than 100KW
7.3. 100KW to 250KW
8. European Electric Cars Market, by End Use
8.1. Introduction
8.2. Private Use
8.3. Commercial Use
9. European Electric Cars Market, by Geography
9.1. Introduction
9.1.1. Germany
9.1.2. France
9.1.3. U.K.
9.1.4. Netherlands
9.1.5. Norway
9.1.6. Italy
9.1.7. Belgium
9.1.8. Spain
9.1.9. Sweden
9.1.10. Switzerland
9.1.11. Poland
9.1.12. Denmark
9.1.13. Austria
9.1.14. Finland
9.1.15. Portugal
9.1.16. Ireland
9.1.17. Hungary
9.1.18. Romania
9.1.19. Greece
9.1.20. Slovakia
9.1.21. Croatia
9.1.22. Rest of Europe
10. Competitive Landscape
10.1. Introduction
10.2. Key Growth Strategies
10.3. Key Players in the European Electric Cars Market
10.3.1. BMW Group
10.3.2. Volkswagen AG
10.3.3. Stellantis N.V.
11. Company Profiles (Business Overview, Financial Overview, Product Portfolio, and Strategic Developments)
11.1. BMW Group
11.2. Volkswagen AG
11.3. Stellantis N.V.
11.4. Daimler AG
11.5. Alcraft Motor Company Ltd.
11.6. AB Volvo
11.7. Groupe Renault
11.8. MG Motor U.K. Ltd. (A Part of SAIC Motor Corporation Limited)
11.9. byD Company Ltd.
11.10. Geely Automobile Holdings Limited
12. Appendix
12.1. Questionnaire
List of Tables
Table 1 Market Size and CAGR, by Scenario (USD Million)
Table 2 European Electric Cars Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 3 European Hybrid Electric Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 4 European Hybrid Electric Vehicles Market Size, by Country/Region, 2019–2028 (USD Million)
Table 5 European Pure Hybrid Electric Vehicles Market Size, by Country/Region, 2019–2028 (USD Million)
Table 6 European Plug-In Hybrid Electric Vehicles Market Size, by Country/Region, 2019–2028 (USD Million)
Table 7 European Battery Electric Vehicles Market Size, by Country/Region, 2019–2028 (USD Million)
Table 8 European Fuel Cell Electric Vehicles Market Size, by Country/Region, 2019–2028 (USD Million)
Table 9 European Electric Cars Market Size, by Power Output, 2019–2028 (USD Million)
Table 10 European Less Than 100kw Electric Cars Market Size, by Country/Region, 2019–2028 (USD Million)
Table 11 European 100kw to 250kw Electric Cars Market Size, by Country/Region, 2019–2028 (USD Million)
Table 12 European Electric Cars Market Size, by End Use, 2019–2028 (USD Million)
Table 13 European Electric Cars Market Size for Private Use, by Country/Region, 2019–2028 (USD Million)
Table 14 European Electric Cars Market Size for Commercial Use, by Country/Region, 2019–2028 (USD Million)
Table 15 European Electric Cars Market Size, by Country/Region, 2019–2028 (USD Million)
Table 16 European Electric Cars Market Volume, by Country/Region, 2019–2028 (Thousand Unit)
Table 17 Germany: Electric Cars Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 18 Germany: Hybrid Electric Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 19 Germany: Electric Cars Market Size, by Power Output, 2019–2028 (USD Million)
Table 20 Germany: Electric Cars Market Size, by End Use, 2019–2028 (USD Million)
Table 21 France: Electric Cars Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 22 France: Hybrid Electric Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 23 France: Electric Cars Market Size, by Power Output, 2019–2028 (USD Million)
Table 24 France: Electric Cars Market Size, by End Use, 2019–2028 (USD Million)
Table 25 U.K.: Electric Cars Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 26 U.K.: Hybrid Electric Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 27 U.K.: Electric Cars Market Size, by Power Output, 2019–2028 (USD Million)
Table 28 U.K.: Electric Cars Market Size, by End Use, 2019–2028 (USD Million)
Table 29 Netherlands: Electric Cars Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 30 Netherlands: Hybrid Electric Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 31 Netherlands: Electric Cars Market Size, by Power Output, 2019–2028 (USD Million)
Table 32 Netherlands: Electric Cars Market Size, by End Use, 2019–2028 (USD Million)
Table 33 Norway: Electric Cars Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 34 Norway: Hybrid Electric Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 35 Norway: Electric Cars Market Size, by Power Output, 2019–2028 (USD Million)
Table 36 Norway: Electric Cars Market Size, by End Use, 2019–2028 (USD Million)
Table 37 Italy: Electric Cars Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 38 Italy: Hybrid Electric Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 39 Italy: Electric Cars Market Size, by Power Output, 2019–2028 (USD Million)
Table 40 Italy: Electric Cars Market Size, by End Use, 2019–2028 (USD Million)
Table 41 Belgium: Electric Cars Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 42 Belgium: Hybrid Electric Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 43 Belgium: Electric Cars Market Size, by Power Output, 2019–2028 (USD Million)
Table 44 Belgium: Electric Cars Market Size, by End Use, 2019–2028 (USD Million)
Table 45 Spain: Electric Cars Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 46 Spain: Hybrid Electric Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 47 Spain: Electric Cars Market Size, by Power Output, 2019–2028 (USD Million)
Table 48 Spain: Electric Cars Market Size, by End Use, 2019–2028 (USD Million)
Table 49 Sweden: Electric Cars Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 50 Sweden: Hybrid Electric Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 51 Sweden: Electric Cars Market Size, by Power Output, 2019–2028 (USD Million)
Table 52 Sweden: Electric Cars Market Size, by End Use, 2019–2028 (USD Million)
Table 53 Switzerland: Electric Cars Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 54 Switzerland: Hybrid Electric Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 55 Switzerland: Electric Cars Market Size, by Power Output, 2019–2028 (USD Million)
Table 56 Switzerland: Electric Cars Market Size, by End Use, 2019–2028 (USD Million)
Table 57 Poland: Electric Cars Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 58 Poland: Hybrid Electric Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 59 Poland: Electric Cars Market Size, by Power Output, 2019–2028 (USD Million)
Table 60 Poland: Electric Cars Market Size, by End Use, 2019–2028 (USD Million)
Table 61 Denmark: Electric Cars Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 62 Denmark: Hybrid Electric Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 63 Denmark: Electric Cars Market Size, by Power Output, 2019–2028 (USD Million)
Table 64 Denmark: Electric Cars Market Size, by End Use, 2019–2028 (USD Million)
Table 65 Austria: Electric Cars Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 66 Austria: Hybrid Electric Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 67 Austria: Electric Cars Market Size, by Power Output, 2019–2028 (USD Million)
Table 68 Austria: Electric Cars Market Size, by End Use, 2019–2028 (USD Million)
Table 69 Finland: Electric Cars Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 70 Finland: Hybrid Electric Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 71 Finland: Electric Cars Market Size, by Power Output, 2019–2028 (USD Million)
Table 72 Finland: Electric Cars Market Size, by End Use, 2019–2028 (USD Million)
Table 73 Portugal: Electric Cars Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 74 Portugal: Hybrid Electric Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 75 Portugal: Electric Cars Market Size, by Power Output, 2019–2028 (USD Million)
Table 76 Portugal: Electric Cars Market Size, by End Use, 2019–2028 (USD Million)
Table 77 Ireland: Electric Cars Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 78 Ireland: Hybrid Electric Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 79 Ireland: Electric Cars Market Size, by Power Output, 2019–2028 (USD Million)
Table 80 Ireland: Electric Cars Market Size, by End Use, 2019–2028 (USD Million)
Table 81 Hungary: Electric Cars Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 82 Hungary: Hybrid Electric Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 83 Hungary: Electric Cars Market Size, by Power Output, 2019–2028 (USD Million)
Table 84 Hungary: Electric Cars Market Size, by End Use, 2019–2028 (USD Million)
Table 85 Romania: Electric Cars Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 86 Romania: Hybrid Electric Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 87 Romania: Electric Cars Market Size, by Power Output, 2019–2028 (USD Million)
Table 88 Romania: Electric Cars Market Size, by End Use, 2019–2028 (USD Million)
Table 89 Greece: Electric Cars Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 90 Greece: Hybrid Electric Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 91 Greece: Electric Cars Market Size, by Power Output, 2019–2028 (USD Million)
Table 92 Greece: Electric Cars Market Size, by End Use, 2019–2028 (USD Million)
Table 93 Slovakia: Electric Cars Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 94 Slovakia: Hybrid Electric Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 95 Slovakia: Electric Cars Market Size, by Power Output, 2019–2028 (USD Million)
Table 96 Slovakia: Electric Cars Market Size, by End Use, 2019–2028 (USD Million)
Table 97 Croatia: Electric Cars Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 98 Croatia: Hybrid Electric Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 99 Croatia: Electric Cars Market Size, by Power Output, 2019–2028 (USD Million)
Table 100 Croatia: Electric Cars Market Size, by End Use, 2019–2028 (USD Million)
Table 101 Rest of Europe: Electric Cars Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 102 Rest of Europe: Hybrid Electric Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 103 Rest of Europe: Electric Cars Market Size, by Power Output, 2019–2028 (USD Million)
Table 104 Rest of Europe: Electric Cars Market Size, by End Use, 2019–2028 (USD Million)
Table 105 European Electric Cars Market: Recent Developments, by Company (2018–2021)
List of Figures
Figure 1 Currency and Limitations
Figure 2 Research Process
Figure 3 Key Secondary Sources
Figure 4 Primary Research Techniques
Figure 5 Key Executives Interviewed
Figure 6 Market Size Estimation
Figure 7 Key Insights
Figure 8 European Electric Cars Market Size, by Propulsion Type, 2028, (USD Million)
Figure 9 European Electric Cars Market Size, by Power Output, 2021 Vs. 2028 (USD Million)
Figure 10 European Electric Cars Market Size, by End Use, 2021 Vs. 2028 (USD Million)
Figure 11 Geographic Snapshot: European Electric Cars Market (Market Share & CAGR)
Figure 12 Geographic Snapshot: European Electric Cars Market (Volume Share & CAGR)
Figure 13 The Impact Of Covid-19 on The European Electric Cars Market
Figure 14 Electric Cars Value Chain
Figure 15 European Electric Cars Market Size, by Propulsion Type, 2021 Vs. 2028 (USD Million)
Figure 16 European Electric Cars Market Size, by Power Output, 2021 Vs. 2028 (USD Million)
Figure 17 European Electric Cars Market Size, by End Use, 2021 Vs. 2028 (USD Million)
Figure 18 European Electric Cars Market Size, by Country/Region, 2021 Vs. 2028 (USD Million)
Figure 19 European Electric Cars Market Volume, by Country/Region, 2021 Vs. 2028 (Thousand Unit)
Figure 20 Popular Electric Vehicles in the U.K.
Figure 21 Electric Vehicle Sales in the U.K. (2019–2020)
Figure 22 Key Growth Strategies Adopted by Leading Players, 2018–2021
Figure 23 BMW Group: Financial Overview (2020)
Figure 24 Volkswagen AG: Financial Overview (2020)
Figure 25 Stellantis N.V.: Financial Overview (2020)
Figure 26 Daimler AG: Financial Overview (2020)
Figure 27 AB Volvo: Financial Overview (2020)
Figure 28 Groupe Renault: Financial Overview (2020)
Figure 29 Saic Motor Corporation Limited: Financial Overview (2020)
Figure 30 byd Company Ltd.: Financial Overview (2020)
Figure 31 Geely Automobile Holdings Limited: Financial Overview (2020)
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