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Technavio’s analysts forecast the Global Electric Vehicle (EV) market to grow at a CAGR of 30.1 percent over the period 2010–2014. One of the key factors contributing to this market growth is the focus on green technology by governments around the world. Emergence of zero-emissions vehicles (ZEVs) is the latest trend in the Global EV market. However, the high price and low driving range of electric vehicles pose a challenge to the growth of this market.
Key vendors dominating this market space include Toyota Motors Corp., Honda Motors Co. Ltd., Ford Motor Co., and General Motor Co.
Technavio’s Global Electric Vehicle Market (BEVs, PHEVs, HEVs) 2010–2014 report has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Global EV market landscape, including battery-powered electric vehicles (BEVs), plug-in electric vehicles (PHEVs), and hybrid electric vehicles (HEVs), in the Americas, the EMEA region, and the APAC regions. The report also includes a discussion on the key vendors providing electric vehicles in this market.
Key questions answered in this report:
What will the market size be in 2014 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
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