Gradual, but Definite Growth Seen in Battery Electric Vehicles Market (BEV) in Forthcoming Years

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Researchmoz Added new report on "Global Battery Electric Vehicles Market 2015-2019" to it's huge collection.

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The report ‘Global Battery Electric Vehicles Market 2015-2019,’ featured on ResearchMoz covers an in-depth analysis of the present market scenario and various growth prospects of the global BEV market for the forecast period 2015-2019.

One of the major key trends witnessed in this study report is the release of harmful gases in the automobile industry and the concern regarding the deteriorating environment due to the growing carbon dioxide and greenhouse gas emissions. The scope of the report discusses the purpose of using battery electric vehicles (BEV) and their positive effects on our surroundings. Battery electric vehicles (BEV) are gradually capturing the global automobile market becoming the most viable alternative to ICE-powered automobiles.

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The market for electric vehicles (EVs) consisting of plug-in hybrid, hybrid, and battery electric vehicles (HEVs, BEVs, and PHEVs) is small but growing constantly, on track to become a significant part of the global automotive industry.

The report provides an in-depth definition of a battery electric vehicle (BEV), as well as discusses its benefits, trends, key drivers, and other impacts across different geographies.

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Analysts of this study forecast that the global battery electric vehicles (BEV) market is expected to grow at a CAGR 59.42% over the period 2014-2019. The report details the role of the government subsidies and incentives as some of the major drivers of the BEV market. Various governments across prominent geographical areas such as North America and APAC are playing a critically active role in protecting the overall environment by designing effective vehicles to reduce the greenhouse gas emissions and balance the presence of carbon dioxide in the environment. The report also shows studies of how governments in many countries have taken efforts to encourage buyers to purchase battery electric vehicles and reduce fuel consumption.

The report fairly calculates the overall market size, growth, and further considers the unit sales of BEVs across different regions. It also discusses every major growth driver influencing the growth of the global BEV market. Major challenges and market restraints faced by the vendors and the market at large are also covered.

Under the vendors and competitive analysis section, the report talks about the global vendors presently operating in this market and offers a corresponding detailed analysis of the leading vendors in the BEV market. Some of the key vendors included are Daimler, Nissan Motor, BMW, General Motors, Renault, Tesla Motors, and Mitsubishi Motors. It also includes a comprehensive discussion of these key vendors and other prominent vendors operating in the BEV market.

The global battery electric vehicles market 2015-2019 report ends with the market landscape and geographic analysis, including the broad range of battery electric passenger cars available in the global automobile market.

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