New Energy Vehicle Range Extender Market
New Energy Vehicle Range Extender Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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New Energy Vehicle Range Extender Market Size and Growth
The New Energy Vehicle Range Extender market is experiencing robust growth, driven by increasing demand for electric vehicles and the need for longer driving ranges. As of 2023, the market size is valued at approximately $1.2 billion, with significant investment in technology advancements and infrastructure to enhance EV performance and consumer adoption.
Companies Covered
(Covid 19 Impact Covered)
◍ Magna
◍ Mahle
◍ Ballard Power Systems
◍ Nikola Motor
◍ Delta Motorsport
◍ Chery New Energy
◍ GM
◍ Suzhou DSM Green Power
◍ General Motors
◍ Rheinmetall Automotive
The New Energy Vehicle Range Extender Market features key players like Magna, Mahle, Ballard Power Systems, and GM, focusing on innovative technologies to enhance vehicle range. These companies drive growth through advanced engineering solutions, partnerships, and expanding product lines. Sales revenues from 2022 include:
- Magna: Approximately $39 billion
- GM: Around $156 billion
- Mahle: Approximately $13.2 billion
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Market Segmentation
By Application
Passenger Cars
Commercial Vehicles
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By Product
Water-Cooled Range Extender
Air Cooled Range Extender
Market Growth
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$ X Billion USD
