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Global Market for Battery-Electric Vehicles

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    Report

  • 107 Pages
  • July 2018
  • Region: Global
  • Information Trends
  • ID: 4594110
Description Jump to:

This is a comprehensive report on the market for battery-electric vehicles (BEVs). It exhaustively analyzes strategies of all the major automakers with regard to the rollout of battery-electric vehicles. The report also extensively covers electric vehicle-related developments in all major markets. The report provides market forecasts of unit sales and sales revenue through 2032.

Table of Contents

1 Executive Summary
1.1 Market Overview
1.2 Important Definitions
2 Market and Industry Developments
2.1 Introduction
2.2 Deployment Factors
2.2.1 Cost of Electric Vehicles
2.2.2 Availability of Charging Stations
2.2.3 Gasoline Prices
2.2.4 Other Factors
2.3 International Push
2.3.1 Clean Energy Ministerial
2.3.2 Electric Vehicles Initiative
2.3.3 Declarations and Calls to Action
3 Regional Developments
3.1 North America
3.1.1 U.S.
3.1.2 Canada
3.2 Caribbean & Latin America
3.2.1 Mexico
3.2.2 Brazil
3.2.3 Costa Rica
3.2.4 Chile
3.2.5 Argentina
3.2.6 Rest of CALA
3.3 Europe
3.3.1 Norway
3.3.2 Germany
3.3.3 France
3.3.4 U.K.
3.3.5 Netherlands
3.3.6 Sweden
3.3.7 Switzerland
3.3.8 Austria
3.3.9 Spain
3.3.10 Belgium
3.3.11 Italy
3.3.12 Russia
3.3.13 Rest of Europe
3.4 Middle East and Africa
3.4.1 Israel
3.4.2 United Arab Emirates
3.4.3 Qatar
3.4.4 Jordan
3.4.5 Morocco
3.4.6 South Africa
3.4.7 Rest of MEA
3.5 China
3.6 Asia-Pacific
3.6.1 Japan
3.6.2 South Korea
3.6.3 India
3.6.4 Australia
3.6.5 New Zealand
3.6.6 Hong Kong
3.6.7 Malaysia
3.6.8 Singapore
3.6.9 Thailand
3.6.10 Philippines
3.6.11 Rest of APAC
4 Automaker Profiles
4.1 BMW AG
4.1.1 Introduction
4.1.2 Battery-Electric Vehicle Rollouts
4.1.3 Battery-Electric Vehicle Pricing
4.1.4 Battery-Electric Vehicle Sales
4.1.5 Upcoming Battery-Electric Vehicles
4.1.6 Chinese Joint Ventures
4.1.7 Strategic Partnerships
4.1.8 Strategy and Focus
4.2 Daimler AG
4.2.1 Introduction
4.2.2 Battery-Electric Vehicle Rollouts
4.2.3 Battery-Electric Vehicle Pricing
4.2.4 Battery-Electric Vehicle Sales
4.2.5 Upcoming Battery-Electric Vehicles
4.2.6 Chinese Joint Ventures
4.2.7 Strategic Partnerships
4.2.8 Strategy and Focus
4.3 Fiat Chrysler Automobiles
4.3.1 Introduction
4.3.2 Battery-Electric Vehicle Rollouts
4.3.3 Battery-Electric Vehicle Pricing
4.3.4 Battery-Electric Vehicle Sales
4.3.5 Upcoming Battery-Electric Vehicles
4.3.6 Chinese Joint Ventures
4.3.7 Strategic Partnerships
4.3.8 Strategy and Focus
4.4 Ford Motor Co.
4.4.1 Introduction
4.4.2 Battery-Electric Vehicle Rollouts
4.4.3 Battery-Electric Vehicle Pricing
4.4.4 Battery-Electric Vehicle Sales
4.4.5 Upcoming Battery-Electric Vehicles
4.4.6 Chinese Joint Ventures
4.4.7 Strategic Partnerships
4.4.8 Strategy and Focus
4.5 General Motors
4.5.1 Introduction
4.5.2 Battery-Electric Vehicle Rollouts
4.5.3 Battery-Electric Vehicle Pricing
4.5.4 Battery-Electric Vehicle Sales
4.5.5 Upcoming Battery-Electric Vehicles
4.5.6 Chinese Joint Ventures
4.5.7 Strategic Partnerships
4.5.8 Strategy and Focus
4.6 Honda
4.6.1 Introduction
4.6.2 Battery-Electric Vehicle Rollouts
4.6.3 Battery-Electric Vehicle Pricing
4.6.4 Battery-Electric Vehicle Sales
4.6.5 Upcoming Battery-Electric Vehicles
4.6.6 Chinese Joint Ventures
4.6.7 Strategic Partnerships
4.6.8 Focus and Strategy
4.7 Hyundai
4.7.1 Introduction
4.7.2 Battery-Electric Vehicle Rollouts
4.7.3 Battery-Electric Vehicle Pricing
4.7.4 Battery-Electric Vehicle Sales
4.7.5 Upcoming Battery-Electric Vehicles
4.7.6 Chinese Joint Ventures
4.7.7 Strategic Partnerships
4.7.8 Strategy and Focus
4.8 Kia
4.8.1 Introduction
4.8.2 Battery-Electric Vehicle Rollouts
4.8.3 Battery-Electric Vehicle Pricing
4.8.4 Battery-Electric Vehicle Sales
4.8.5 Upcoming Battery-Electric Vehicles
4.8.6 Chinese Joint Ventures
4.8.7 Strategic Partnerships
4.8.8 Strategy and Focus
4.9 Mazda
4.9.1 Introduction
4.9.2 Battery-Electric Vehicle Rollouts
4.9.3 Battery-Electric Vehicle Pricing
4.9.4 Battery-Electric Vehicle Sales
4.9.5 Upcoming Battery-Electric Vehicles
4.9.6 Chinese Joint Ventures
4.9.7 Strategic Partnerships
4.9.8 Strategy and Focus
4.10 Mitsubishi Motors Corporation
4.10.1 Introduction
4.10.2 Battery-Electric Vehicle Rollouts
4.10.3 Battery-Electric Vehicle Pricing
4.10.4 Battery-Electric Vehicle Sales
4.10.5 Upcoming Battery-Electric Vehicles
4.10.6 Chinese Joint Ventures
4.10.7 Strategic Partnerships
4.10.8 Strategy and Focus
4.11 Nissan
4.11.1 Introduction
4.11.2 Battery-Electric Vehicle Rollouts
4.11.3 Battery-Electric Vehicle Pricing
4.11.4 Battery-Electric Vehicle Sales
4.11.5 Upcoming Battery-Electric Vehicles
4.11.6 Chinese Joint Ventures
4.11.7 Strategic Partnerships
4.11.8 Strategy and Focus
4.12 Groupe PSA
4.12.1 Introduction
4.12.2 Battery-Electric Vehicle Rollouts
4.12.3 Battery-Electric Vehicle Pricing
4.12.4 Battery-Electric Vehicle Sales
4.12.5 Upcoming Battery-Electric Vehicles
4.12.6 Chinese Joint Ventures
4.12.7 Strategic Partnerships
4.12.8 Long-Term Focus
4.13 Groupe Renault
4.13.1 Introduction
4.13.2 Battery-Electric Vehicle Rollouts
4.13.3 Battery-Electric Vehicle Pricing
4.13.4 Battery-Electric Vehicle Sales
4.13.5 Upcoming Battery-Electric Vehicles
4.13.6 Chinese Joint Ventures
4.13.7 Strategic Partnerships
4.13.8 Strategy and Focus
4.14 Subaru
4.14.1 Introduction
4.14.2 Battery-Electric Vehicle Rollouts
4.14.3 Battery-Electric Vehicle Pricing
4.14.4 Battery-Electric Vehicle Sales
4.14.5 Upcoming Battery-Electric Vehicles
4.14.6 Chinese Joint Ventures
4.14.7 Strategic Partnerships
4.14.8 Strategy and Focus
4.15 Tesla
4.15.1 Introduction
4.15.2 Battery-Electric Vehicle Rollouts
4.15.3 Battery-Electric Vehicle Pricing
4.15.4 Battery-Electric Vehicle Sales
4.15.5 Upcoming Battery-Electric Vehicles
4.15.6 China Plans
4.15.7 Strategic Partnerships
4.15.8 Strategy and Focus
4.16 Toyota
4.16.1 Introduction
4.16.2 Battery-Electric Vehicle Rollouts
4.16.3 Battery-Electric Vehicle Pricing
4.16.4 Battery-Electric Vehicle Sales
4.16.5 Upcoming Battery-Electric Vehicles
4.16.6 Chinese Joint Ventures
4.16.7 Strategic Partnerships
4.16.8 Strategy and Focus
4.17 Volkswagen AG
4.17.1 Introduction
4.17.2 Battery-Electric Vehicle Rollouts
4.17.3 Battery-Electric Vehicle Pricing
4.17.4 Battery-Electric Vehicle Sales
4.17.5 Upcoming Battery-Electric Vehicles
4.17.6 Chinese Joint Ventures
4.17.8 Strategy and Focus
4.18 Volvo
4.18.1 Introduction
4.18.2 Battery-Electric Vehicle Rollouts
4.18.3 Battery-Electric Vehicle Pricing
4.18.4 Battery-Electric Vehicle Sales
4.18.5 Upcoming Battery-Electric Vehicles
4.18.6 Geely, Volvo’s Parent Co.
4.18.7 Strategic Partnerships
4.18.8 Strategy and Focus
4.19 Other Automakers
4.19.1 Jaguar Land Rover
4.19.2 Bolloré
4.19.3 Aston Martin
5 Chinese Automakers
5.1 BAIC
5.1.1 Beijing Benz Automotive Co., Ltd.
5.1.2 Beijing Hyundai Motor Co., Ltd.
5.2 BYD
5.2.1 Shenzhen Denza New Energy Automobile Co., Ltd.
5.3 Chang’an
5.3.1 Chang’an Ford Automobile Co., Ltd.
5.3.2 Chang’an Mazda
5.3.3 Chang’an Suzuki
5.3.4 Chang’an PSA
5.4 Chery
5.4.1 Qoros
5.4.2 Chery Jaguar Land Rover
5.5 Dongfeng
5.5.1 Dongfeng Motor Co., Ltd.
5.5.2 eGT New Energy Automotive Co., Ltd.
5.5.3 Dongfeng Renault Automobile Co.
5.5.4 Dongfeng Honda Automobile Co., Ltd.
5.5.5 Dongfeng Yueda Kia Motor Co., Ltd.
5.5.6 Dongfeng Peugeot-Citroën Automobile Co., Ltd.
5.5.7 Dongfeng Infiniti Motor Co., Ltd.
5.6 FAW
5.6.1 FAW-Volkswagen Automobile Co., Ltd.
5.6.2 Tianjin FAW Toyota Motor Co., Ltd.
5.6.3 Sichuan FAW Toyota Motor Co., Ltd.
5.6.4 FAW-GM Light Duty Commercial Vehicle Co., Ltd.
5.6.5 FAW Mazda Motor Sales Co., Ltd.
5.7 Geely Zhejiang Geely Holding Group Co., Ltd.
5.8 Great Wall Motors Co., Ltd.
5.8.1 Spotlight Automotive Ltd.
5.9 Anhui Jianghuai Automobile Co., Ltd.
5.9.1 JAC-Volkswagen
5.10 SAIC
5.10.1 SAIC General Motors Co., Ltd.
5.10.2 SAIC-GM-Wuling Automobile Co., Ltd.
5.10.3 SAIC Volkswagen Automotive Co., Ltd.
5.11 Other Notable Chinese JVs
5.11.1 BMW Brilliance
5.11.2 GAC Fiat Chrysler
5.11.3 GAC Mitsubishi
5.11.4 Zotye Ford
5.11.5 Guangqi Honda Automobile Co., Ltd.
6 Indian Automakers
6.1 Mahindra Electric Mobility Ltd.
6.2 Tata Motors
6.3 Other Indian Automakers
7 Market Sizing and Forecast
7.1 Global Market
7.1.1 Global Unit Sales
7.1.2 Unit Sales by Region
7.1.3 Global Revenue
7.1.4 Revenue Share by Region
7.2 North American Market
7.2.1 North America Unit Sales
7.2.2 North America Revenue
7.3 CALA
7.3.1 CALA Unit Sales
7.3.2 CALA Revenue
7.4 Europe
7.4.1 Europe Unit Sales
7.4.2 Europe Revenue
7.5 Middle East & Africa
7.5.1 Middle East & Africa Unit Sales
7.5.2 Middle East & Africa Revenue
7.6 China
7.6.1 China Unit Sales
7.6.2 China Revenue
7.7 Asia-Pacific
7.7.1 Asia-Pacific Unit Sales
7.7.2 Asia-Pacific Revenue
8 Conclusion and Findings
8.1 Seismic Shift
8.2 Drivers
8.3 Government Mandates
8.4 Government Incentives
8.5 Competitive Landscape
8.6 Pricing Trends
8.7 Charging Infrastructures
List of Figures
Figure 1: Global Battery-Electric Vehicle Sales (M), 2017-2032
Figure 2: Global Battery-Electric Vehicle Sales – Unit Share by Region, 2017
Figure 3: Global Battery-Electric Vehicle Revenues (B), 2017-2032
Figure 4: Global Battery-Electric Vehicle Revenue – Share by Region, 2017
Figure 5: North America Battery-Electric Vehicle Sales (M), 2017-2032
Figure 6: North America Battery-Electric Vehicle Revenue (B), 2017-2032
Figure 7: CALA Battery-Electric Vehicle Sales (M), 2017-2032
Figure 8: CALA Battery-Electric Vehicle Revenue (B), 2017-2032
Figure 9: European Battery-Electric Vehicle Sales (M), 2017-2032
Figure 10: European Battery-Electric Vehicle Revenue (B), 2017-2032
Figure 11: Middle East & Africa Battery-Electric Vehicle Sales (M), 2017-2032
Figure 12: Middle East & Africa Battery-Electric Vehicle Revenue (B), 2017-2032
Figure 13: China Battery-Electric Vehicle Sales (M), 2017-2032
Figure 14: China Battery-Electric Vehicle Revenue (B), 2017-2032
Figure 15: Asia-Pacific Battery-Electric Vehicle Sales (M), 2017-2032
Figure 16: Asia-Pacific Battery-Electric Vehicle Revenue (B), 2017-2032
List of Tables
Table 1: BMW BEV Sales, 2017
Table 2: Daimler BEV Sales, 2017
Table 3: FCA BEV Sales, 2017
Table 4: Ford BEV Sales, 2017
Table 5: General Motors BEV Sales, 2017
Table 6: Honda BEV Sales, 2017
Table 7: Hyundai BEV Sales, 2017
Table 8: Kia BEV Sales, 2017
Table 9: Mitsubishi BEV Sales, 2017
Table 10: Nissan BEV Sales, 2017
Table 11: Groupe PSA BEV Sales, 2017
Table 12: Groupe Renault BEV Sales, 2017
Table 13: Tesla BEV Sales, 2017
Table 14: Volkswagen BEV Sales, 2017

Executive Summary

This is a comprehensive report on the market for battery-electric vehicles (BEVs). The covers report the market through 2032.

Over 70 million light-duty BEVs will be sold in 2032, generating close to three trillion dollars in revenue. The sales of these vehicles will be highest in developed countries which are in the process of being blanketed by networks of charging stations.

The auto market is witnessing a seismic shift that parallels the mobile phone revolution. Besides transition to clean energy, this shift encompasses intelligent, autonomous and connected vehicles that will improve transport efficiency while meeting energy-saving and emission-reduction targets.

The momentum behind electric-vehicle adoption – both from the side of the consumer and the automotive industry – has reached an inflexion point. Governments the world over have been instituting policies that will help in the growth of electric vehicles, including a variety of incentives to buyers of electric vehicles.

The primary factor contributing to the phenomenal growth of these vehicles are government incentives and subsidies. Another driving factor is the awareness that the use of electric vehicles will entail long-term environmental benefits.

Electric vehicles are more expensive than internal combustion engine (ICE) vehicles, but their maintenance and usage less expensive. The economies of scale resulting from the swift uptake of these vehicles will lead to considerable decline in costs, making government incentives and subsidies unnecessary.

While BEVs are the short-term beneficiaries of the transition to clean energy, the market will eventually see widespread adoption of fuel-cell/battery-electric hybrid vehicles. These hybrid vehicles will offer more than double the range of internal combustion engines.

Charging infrastructures are rapidly being deployed in most of the major markets, helping propel the uptake of BEVs. These infrastructures are increasingly being equipped with fast-charging capabilities that significantly help reduce charging time.

More than half of the BEVs are being produced in China which has emerged as the biggest auto market globally. Virtually every major automaker has established a presence in China to take advantage of the country’s auto boom.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • BMW AG
  • Daimler AG
  • Fiat Chrysler Automobiles
  • Ford Motor Co.
  • General Motors
  • Honda
  • Hyundai
  • Kia
  • Mazda
  • Mitsubishi Motors Corporation
  • Nissan
  • Groupe PSA
  • Groupe Renault
  • Subaru
  • Tesla
  • Toyota
  • Volkswagen AG
  • Volvo
  • Jaguar Land Rover
  • Bolloré
  • Aston Martin
  • BAIC 
  • Beijing Benz Automotive Co., Ltd.
  • Beijing Hyundai Motor Co., Ltd. 
  • BYD 
  • Shenzhen Denza New Energy Automobile Co., Ltd. 
  • Chang’an Ford Automobile Co., Ltd. 
  • Chang’an Mazda 
  • Chang’an Suzuki 
  • Chang’an PSA 
  • Chery 
  • Qoros 
  • Chery Jaguar Land Rover  
  • Dongfeng Motor Co., Ltd. 
  • eGT New Energy Automotive Co., Ltd. 
  • Dongfeng Renault Automobile Co. 
  • Dongfeng Honda Automobile Co., Ltd. 
  • Dongfeng Yueda Kia Motor Co., Ltd. 
  • Dongfeng Peugeot-Citroën Automobile Co., Ltd. 
  • Dongfeng Infiniti Motor Co., Ltd. 
  • FAW-Volkswagen Automobile Co., Ltd. 
  • Tianjin FAW Toyota Motor Co., Ltd. 
  • Sichuan FAW Toyota Motor Co., Ltd. 
  • FAW-GM Light Duty Commercial Vehicle Co., Ltd. 
  • FAW Mazda Motor Sales Co., Ltd. 
  • Geely Zhejiang Geely Holding Group Co., Ltd. 
  • Great Wall Motors Co., Ltd.
  • Spotlight Automotive Ltd.
  • Anhui Jianghuai Automobile Co., Ltd. 
  • JAC-Volkswagen 
  • SAIC General Motors Co., Ltd. 
  • SAIC-GM-Wuling Automobile Co., Ltd. 
  • SAIC Volkswagen Automotive Co., Ltd.  
  • BMW Brilliance 
  • GAC Fiat Chrysler 
  • GAC Mitsubishi 
  • Zotye Ford 
  • Guangqi Honda Automobile Co., Ltd.

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