NEV Taxis Market Scope: Industry Analysis, Market
Size, Growth, Trends Till 2031
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NEV Taxis Market Size and Growth
The NEV Taxis market is experiencing significant growth, driven by increasing environmental regulations and consumer demand for sustainable transport. In 2023, the market size is valued at approximately $12 billion, with projections for continued expansion as urbanization and technological advancements fuel adoption. Key trends include electrification and smart mobility integration.
Companies Covered
(Covid 19 Impact Covered)
◍ BYD Auto Co., Ltd.
◍ Anhui Jianghuai Automobile Co., Ltd
◍ Beiqi Foton Motor Co., Ltd
The NEV taxis market sees intense competition, with key players like BYD, Jianghuai, and Geely focusing on electric vehicle innovations. These companies enhance market growth through robust fleet offerings, government partnerships, and sustainable initiatives, contributing to rising adoption rates. Sales revenues include:
◍ Chongqing Changan Automobile Company Limited
◍ ZAP Jonway, Inc
◍ Dongfeng Nissan Passenger Vehicle Company
- BYD: ~$20 billion
- Geely: ~$22 billion
◍ Zhejiang Geely Holding Group Co., Ltd.
◍ China FAW Group Corporation
- FAW: ~$30 billion Request Sample Report
