Submitted by: Submitted by hexaresrch
Views: 10
Words: 940
Pages: 4
Category: Business and Industry
Date Submitted: 09/01/2015 03:15 AM
Hexa Research Inc.
Industry Research,Custom Research & Consulting
Electric Vehicles (EV) Market Analysis, Market Size,
Application Analysis, Regional Outlook, Competitive
Strategies And Forecasts, 2014 To 2020
Industry Insights
The electric vehicles (EV) market has seen significant development owing to required for
resolving future energy resources. This market is rising and becoming integral part of the
automotive industry. It represents a way to achieve energy efficiency coupled with decreasing
release of pollutants and few other greenhouse gases.
Increasing concerns related to environment along with the positive initiatives taken by
government are some of the main reasons driving the market development Increasing
competition and energy cost amongst rising energy effectiveness in technologies is also
anticipated to fuel the market growth. China-owned BYD and Google’s Recharge IT program
have invested a lot in green car technologies.
Browse Detail Report With TOC @ http://www.hexaresearch.com/research-report/electricvehicles-ev-industry/
Hexa Research Inc.
Industry Research,Custom Research & Consulting
Buying an electric automobile remains a big judgment for many customers with considerations
such as falls caused by stray power cords and safety concerns regarding any electrical hazards. A
high initial investment for buying vehicle is restricting driving range and be deficient of vehiclerecharging facility in public places is anticipated to hinder the electric vehicles market. For
utilities, automobile development presents restrains peak load impacts of uncontrolled charging
such as high cost of infrastructure, which may hinder EV market growth.
Advancement in technology with respect to batteries have durability and higher efficiency
coupled with advance features which may provide best opportunities for growth of market.
Increasing adoption is also projected to offer opportunities for auto manufacturers, utility
providers, and...