EV Range Extender Market Demand To Reach 494,083 Units By 2025 “The demand for the global EV range extender market is estimated to be worth 494,083 units by 2025, growing at a CAGR of 10.2% from 2018 to 2025. An EV range extender is a system that enables a higher vehicle range to allow long-distance journeys. High growth in the use of commercial and fully electric passenger vehicles to lower CO2 emissions along with superior performance abilities and expandable range is anticipated to stimulate industry growth.”
The Global EV range extender Market Report offers details on current and future growth trends pertaining to the business besides information on numerous regions across the geographical landscape of the EV range extender Market. The study includes global, regional, and country-level market size, shares, growth rate analysis (include the causes of highest and lowest peak industry analysis), product launches, latest trends, the impact of covid19 on worldwide. EV range extender Market Research Methodology overview consists of primary and secondary research, company share analysis, model (including Demographic data, Macroeconomic indicators, and Industry indicators i.e. Expenditure, infrastructure, sector growth, and facilities, etc), Research Limitations, and Revenue Based Modelling. Comprehensive analysis of EV range extender Market based on current & future analysis depending on historic data also featured in this Report. The demand for the global EV range extender market is estimated to be worth 494,083 units by 2025, growing at a CAGR of 10.2% from 2018 to 2025. An EV range extender is a system that enables a higher vehicle range to allow long-distance journeys. High growth in the use of commercial and fully electric passenger vehicles to lower CO2 emissions along with superior performance abilities and expandable range is anticipated to stimulate industry growth. The automotive industry is regarded as the largest oil consumer globally, contributing to increased pollution levels. Governments of several nations have imposed strict regulations on manufacturers to produce zero/low emission vehicles to help lower carbon emission.
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