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Business Point 2021's Blog (62)

Hybrid Electric Car Market Trends, Segmentation, Key Players And Forecast

The focus towards electric vehicles has risen significantly in the past few years, which can primarily be ascribed to the surging need for energy conservation, declining rate of fossil fuels, and increased negative impacts of carbon emissions on the environment. As people are becoming more regarding these factors, they have started looking for solutions which have less adverse effect on the environment. This, in turn, is compelling auto manufacturers to come up with mobility solutions that…

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Added by Business Point 2021 on July 29, 2021 at 10:11am — No Comments

Electric Vehicle Battery Market Outlook and Forecast

Owing to the rapid development of charging infrastructure for electric vehicles (EVs) and advancements in the lithium-ion (Li-ion) battery technology, the electric vehicle battery market is projected to witness significant growth in the near future. This growth will be, most importantly, a result of the large-scale adoption of hybrid electric vehicles (HEVs) and battery electric vehicles (BEVs). The high incentives being offered on the adoption of EVs, along with the implementation of…

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Added by Business Point 2021 on July 1, 2021 at 10:36am — No Comments

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