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DUBLIN--(BUSINESS WIRE)--Nov 4, 2022--
The "Zero Emission Vehicle Market By Vehicle Type, By Vehicle Class, By Price, By Vehicle Drive Type, By Top Speed: Global Opportunity Analysis and Industry Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering.
The report incorporates the study of the global zero emission vehicle market that focuses on the type of electric vehicles and alternative fuels used in different vehicles. Zero emission vehicles (ZEVs) are any vehicle that releases zero, or nearly zero, emissions during operation. It includes plug-in hybrid vehicles (PHEVs), hydrogen fuel cell vehicles (FCEVs), and battery electric vehicles (BEVs).
These vehicles function on electricity and do not use conventional fuels, such as gasoline or diesel, as their power source. Chemical energy of alternative fuel is converted into kinetic energy in the engine to propel the vehicle. Moreover, usage of alternative fuels and electricity in these vehicles lead to zero emissions, making them ecofriendly.
At present, automobile manufacturers are inclined toward electric and alternative fuel vehicles, owing to increase in vehicle emission regulations. For instance, in November 2021, General Motors Company's senior Vice President proclaimed to launch 10 electric vehicles in South Korea by 2025 as a part of its strategy to gradually shift away from internal combustion engine cars to zero-emission ones. Hence, advent of zero emission vehicles is a paradigm shift in the modern world.
Factors such as surge in concern about environmental pollution, stringent government regulation on vehicle emission norms, and increase in demand for fuel-efficient & high-performance vehicles supplement the growth of the zero emission vehicle market. However, high manufacturing cost and range anxiety and serviceability are the factors expected to hamper the growth of the zero emission vehicle market. In addition, technological advancements and proactive government initiatives are expected to create ample opportunities for the key players operating in the zero emission vehicle market.
KEY BENEFITS FOR STAKEHOLDERS
Key Market Segments
By Vehicle Class
By Price
By Vehicle Type
By Vehicle Drive Type
By Top Speed
By Region
Key Market Players
Key Topics Covered:
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: ZERO EMISSION VEHICLE MARKET, BY VEHICLE TYPE
CHAPTER 5: ZERO EMISSION VEHICLE MARKET, BY VEHICLE CLASS
CHAPTER 6: ZERO EMISSION VEHICLE MARKET, BY PRICE
CHAPTER 7: ZERO EMISSION VEHICLE MARKET, BY VEHICLE DRIVE TYPE
CHAPTER 8: ZERO EMISSION VEHICLE MARKET, BY TOP SPEED
CHAPTER 9: ZERO EMISSION VEHICLE MARKET, BY REGION
CHAPTER 10: COMPANY LANDSCAPE
CHAPTER 11: COMPANY PROFILES
For more information about this report visit https://www.researchandmarkets.com/r/f2ds79
View source version on businesswire.com:https://www.businesswire.com/news/home/20221104005457/en/
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KEYWORD:
INDUSTRY KEYWORD: ALTERNATIVE VEHICLES/FUELS VEHICLE TECHNOLOGY GENERAL AUTOMOTIVE AUTOMOTIVE EV/ELECTRIC VEHICLES
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 11/04/2022 10:43 AM/DISC: 11/04/2022 10:43 AM
http://www.businesswire.com/news/home/20221104005457/en