US: +1 646-781-8004 | Europe:+44-203-868-8738 | APAC:+91-744-778-0008

Asia-Pacific Electric Vehicle Market

Release date:

Dec-2021

Region:

asiapacific

Research Code:MRAUTO -104549

Sku:MRAUTO -104549

Asia-Pacific Electric Vehicle Market by Vehicle Type (Passenger Vehicle, LCV, HCV, Two-wheeler, e-Scooters & Bikes); Propulsion Type (BEV, FCEV, HEV); Power Output (Less Than 100kW, 100 kW to 250 kW); End Use, Charging Standard, and Country - Forecasts to 2028

  • Report ID: MRAUTO -104549
  • Pages: 126
  • Dec-2021
  • Formats*: PDF
  • Category: Automotive Industry
  • Delivery: 2 to 4 Hours
COVID-19

This report provides pre & post COVID-19 market estimates.

The Asia-Pacific Electric Vehicle Market is expected to grow at a CAGR of 33.1% from 2021 to 2028 to reach $1,927.04 billion by 2028. By volume, this market is expected to reach 274.2 million units by 2028, at a CAGR of 25.9% during the forecast period.

The growth of this market is attributed to supportive government policies and regulations, increasing investments by leading automotive OEMs, and decreasing prices of batteries. Increasing adoption of electric mobility in emerging economies and increasing EV and battery manufacturing capabilities in Southeast Asia provides lucrative growth opportunities for the growth of this market.

Impact of COVID-19 on the Asia-Pacific Electric Vehicles Market

The outbreak of the COVID-19 pandemic severely impacted several sectors, including the automotive sector, with major manufacturers shutting down their operations completely or operating at reduced capacities following the directives issued by their respective governments. The automotive industry was also severely affected by the nationwide lockdowns and quarantines. Uncertainty regarding the duration of the lockdown and supply-chain disruptions made it more difficult for industry players to anticipate the recovery of the industry. This crisis caused structural shifts that had significant implications on the market.

The COVID-19 pandemic declined the demand for EVs across India, but the incentives offered by the Indian Government are expected to promote exponential growth of the EVs market in the coming years. For instance, in May 2021, the Indian government rolled out a Production-Linked Incentive Scheme (PLI) for ACC Battery Storage Manufacturing, which will incentivize the domestic production of batteries and limit the dependency on imports. This scheme is expected to support the EV industry with the requisite infrastructure and significantly cause a reduction in the cost of EVs.

Moreover, the policymakers of India are developing a mobility option that is “Shared, Connected, and Electric” and have projected an ambitious target of achieving 100 percent electrification by 2030. In addition to this, a study by the CEEW Centre for Energy Finance (CEEW-CEF) states that the Indian EV market will be a $206 billion opportunity by 2030 if India maintains steady progress to meet its ambitious 2030 target. This would require a cumulative investment of over $180 billion in electric vehicle production and charging infrastructure. Additionally, a study by the India Energy Storage Alliance (IESA) states that the Indian EVs market will grow at a CAGR of 36% by 2026.

The EV batteries market is also projected to grow at a CAGR of 30% during the same period. Hence, the abundance of renewable energy resources and the availability of skilled manpower in the technology and manufacturing sectors are expected to fuel the growth of the EVs market in the coming years.

The Asia-Pacific electric vehicles market is segmented based on vehicle type, propulsion type, power output, charging standard, end use, and country. The study also evaluates industry competitors and analyses the market at the country level.

Asia-Pacific Electric Vehicle Market

                                                           Click here to: Get Free Request Sample Pages of this report

Decreasing Battery Prices to Support Market growth

Battery electric vehicles mainly include passenger cars, autonomous delivery vehicles, industrial vehicles, and public transport vehicles. However, the cost and range limitations associated with EV batteries are a major restraining factor for the complete transition to electric mobility. Its capacity determines the cost of an electric vehicle battery in kilowatt-hours (kWh), which dictates its range and the power level of the motor that it supplies. Advancements in battery technologies have brought down the cost of EV battery per kWh. Today, EV battery manufacturers are aiming to provide EV manufacturers with high-capacity batteries with reduced battery prices to ensure the overall cost of a vehicle falls under the subsidized range.

Government initiatives across Asia-Pacific to phase out fossil fuel-powered vehicles, increasing concerns raised over the environmental impacts of conventional vehicles, improvements in battery capacity, and supporting government policies and regulations to set up battery manufacturing capabilities are promoting the growth of this market.

In 2020, the Government of India announced its plans to invest $4.6 billion in incentives for setting up advanced battery manufacturing facilities and promoting the use of EVs. Also, the Government of India announced to retain import tax rate of 5% for EV batteries until 2022 to support local manufacturing. Therefore, such initiatives are expected to reduce the total manufacturing cost of batteries, thus promoting the adoption of electric vehicles in the coming years.

According to a report by BloombergNEF, the average price per kilowatt-hour for batteries is expected to be approximately $100/kWh by 2023, making it possible for EVs to be priced the same as comparable gasoline-powered vehicles.

Several players in the market are incorporating advanced technologies and focusing on ways to reduce the vehicle’s battery size effectively, cost and improve its performance and power to weight ratio. In 2020, Samsung SDI (South Korea) commercialized a li-ion battery product that would replace liquid electrolytes in a battery cell with a solid electrolyte to improve battery performance. Such developments by major players in reducing the vehicle’s battery size and improving its performance for EVs also contribute to the overall market growth.

Key Findings in the Asia-Pacific Electric Vehicles Market Study:

Light commercial vehicles Segment Expected to Grow at Highest CAGR During Forecast period

Based on vehicle type, the Asia-Pacific electric vehicles market is segmented into passenger vehicles, light commercial vehicles, heavy commercial vehicles, two-wheelers, and e-scooters & bikes.

The light commercial vehicles segment is expected to grow at the highest CAGR during the forecast period. The high growth rate of this segment is mainly driven by the growing awareness regarding the role of electric vehicles in reducing emissions, rising demand for electric vehicles to reduce fleet emissions, and stringent government rules and regulations towards vehicle emissions.

Electric LCVs are a key element of urban distribution and transport systems and offer a promising low-emission solution. They require low maintenance and have relatively lower operating costs due to the non-requirement of lubricating the engines and lack of maintenance costs associated with gas engines. Electric LCVs contribute to the reduction of greenhouse gas emissions and lower the dependence on fuels. Hence, these are the key factors driving the adoption of electric light commercial vehicles.

Fuel Cell Electric Vehicles Segment Expected to Grow at Highest CAGR During Forecast Period.

Based on propulsion type, the Asia-Pacific electric vehicles market is segmented into battery electric vehicles, hybrid vehicles, and fuel cell electric vehicles. The fuel cell electric vehicles segment is expected to grow at the highest CAGR during the forecast period.

The high growth rate of this segment is mainly driven by the increasing demand for vehicles with low carbon emissions, a growing emphasis on the adoption of FCEVs due to advantages, such as fast refueling, and increasing government initiatives and investments for advancing fuel cell technology. Several major players and governments across Asia-Pacific are trying to encourage the use of hydrogen fuel cells for vehicles through various policies, investments, and regulations.

100kW to 250kW Segment Expected to Grow at Highest CAGR During Forecast Period.

Based on power output, the Asia-Pacific electric vehicles market is segmented into less than 100kW, 100kW to 250kW, and more than 250kW. The 100kW to250 kW segment is expected to grow at the highest CAGR during the forecast period.

The high growth rate of this segment is attributed to the increasing adoption of electric buses and trucks, mainly for public transportation and freight service applications. Power output between 100kW–250kW is widely utilized in EVs, such as passenger vehicles and light commercial vehicles, including vans, pick-up trucks, and utility vehicles.

The adoption of these EVs is increasing due to the rise in fuel prices and government initiatives for lowering fleet emissions of buses and trucks. Transport authorities worldwide are formulating policies to increase the number of electric buses for mass transit, which further supports the growth of this segment.

Commercial Use Segment Expected to Grow at Highest CAGR During Forecast Period.

Based on end use, the Asia-Pacific electric vehicles market is segmented into private use, commercial use, and industrial use. The commercial use segment is expected to grow at the highest CAGR during the forecast period. The high growth rate of this segment is mainly driven by the increase in fuel prices and stringent emission norms set by governments, the growing adoption of autonomous delivery vehicles, and the increasing adoption of electric buses and trucks.

Several manufacturers and suppliers in countries including Japan, France, and the U.S., are focused on improving battery and charging technology efficiency for commercial EVs. Electric commercial vehicles help lower greenhouse gas emissions, reduce dependence on fossil fuels, ensure smooth operation, and meet the latest emissions regulations.

The Philippines to be Fastest-growing Market in Asia-Pacific

The Philippines is expected to record the highest CAGR during the forecast period. The Philippines EVs market is largely driven by the local government initiatives to encourage investments in electric mobility and the adoption of cleaner technologies.

In early 2018, The Department of Transportation (DOTr) launched a Public Utility Vehicle (PUV) modernization program aimed at phasing out fossil fuel-powered vehicles in public transportation and replacing them with environmentally friendly alternatives. The Electric Vehicle Association of the Philippines (EVAP) forecasts an annual growth rate of 8-12% with revenue generation of $33.6 million from services and sales of approximately 200,000 units of electric vehicles by 2024.

Key Players

The key players operating in the Asia-Pacific electric vehicles market are TATA Motors Limited (India), BYD Company Ltd. (China), Honda Motor Co., Ltd. (Japan), Nissan Motor Co., Ltd. (Japan), Hyundai Motor Company (South Korea‎), Yamaha Motor Co., Ltd. (Japan), Hero MotoCorp Ltd. (India), Ather Energy Pvt. Ltd. (India), Geely Automobile Holdings Limited (China), and XPeng Inc. (China).

Scope of the Report:

Asia-Pacific Electric Vehicle Market, by Vehicle Type

  • Passenger Vehicle
  • Two-wheeler
  • Light Commercial Vehicles
  • E-Scooters & Bikes
  • Heavy Commercial Vehicles

Asia-Pacific Electric Vehicle Market, by Propulsion Type

  • Battery Electric Vehicles
  • Hybrid Electric Vehicles
    • Pure Hybrid Electric Vehicles
    • Plug-In Hybrid Electric Vehicles
  • Fuel Cell Electric Vehicles

Asia-Pacific Electric Vehicle Market, by Power Output

  • Less Than 100 KW
  • 100 KW to 250 KW
  • More Than 250 KW

Asia-Pacific Electric Vehicles Market, by End Use

  • Private Use
  • Commercial Use
    • Shared Mobility
    • Micromobility
    • Public Transport
  • Industrial Use

Asia-Pacific Electric Vehicle Market, by Country

  • China
  • Japan
  • South Korea
  • India
  • Singapore
  • Thailand
  • Philippines
  • Malaysia
  • Australia
  • New Zealand
  • Taiwan

Key Questions Answered in the Report:

What is the Focus Of the Asia-Pacific Electric Vehicle Market Report?

The Asia-Pacific electric vehicle market report covers the market size & forecasts by vehicle type, propulsion type, power output, charging standard, end use, and country. The market study involves the value analysis of various electric vehicles segments at the country level.

What is the Value of Revenue Generated from Electric Vehicle Across the Region? At what Rate is the Demand Expected to Grow for the Next 5-7 Years?

The Asia-Pacific electric vehicle market is poised to grow at a CAGR of 33.1% from 2021 to 2028 to reach $ 1,927.04 billion by 2028.

Which Vehicle Type Category is Expected to Hold the Major Share Of the Market in 2021?

The passenger vehicle segment is expected to account for the largest share of the Asia-Pacific electric vehicle market in 2021.

Which is the Largest Share End Use Segment of the Asia-Pacific Electric Vehicle Market In 2021?

The private use segment is expected to account for the largest share of the Asia-Pacific electric vehicle in 2021.

What are the Key Factors Supporting the Growth of this Market? What are the Major Opportunities for Existing Market Players and New Entrants in the Asia-Pacific Electric Vehicle Market?

The growth of this market is attributed to supportive government policies and regulations, increasing investments by leading automotive OEMs, and decreasing prices of batteries. Increasing adoption of electric mobility in emerging economies and increasing EV and battery manufacturing capabilities in Southeast Asia provides lucrative growth opportunities for the growth of this market.

Who are the Major Players Operating in the Asia-Pacific Electric Vehicle Market?

The key players operating in Asia-Pacific electric vehicles market are TATA Motors Limited (India), BYD Company Ltd. (China), Honda Motor Co., Ltd. (Japan), Nissan Motor Co., Ltd. (Japan), Hyundai Motor Company (South Korea) , Yamaha Motor Co., Ltd. (Japan), Hero MotoCorp Ltd. (India), Ather Energy Pvt. Ltd. (India), Geely Automobile Holdings Limited (China), and XPeng Inc. (China).

Which Country is Likely to Offer Significant Growth Opportunities for the Vendors in This Market During the Analysis Period?

The Philippines is projected to offer significant growth opportunities for the vendors in this market due to the local government initiatives to encourage investments in electric mobility and the adoption of cleaner technologies.

1.    Introduction
       1.1.    Market Definition
       1.2.    Market Ecosystem
       1.3.    Currency and Limitations
       1.4.    Key Stakeholders

2.    Research Methodology
       2.1.    Research Process
       2.2.    Data Collection & Validation
                 2.2.1.    Secondary Research
                 2.2.2.    Primary Research
       2.3.    Market Assessment
                 2.3.1.    Market Size Estimation
                             2.3.1.1.    Bottom-up Approach
                             2.3.1.2.    Growth Forecast
                             2.3.1.3.    COVID-19 Impact Assessment
       2.4.    Assumptions for the Study

3.    Executive Summary

4.    The Impact of COVID-19

5.    Market Insights
       5.1.    Introduction
       5.2.    Market Dynamics
       5.3.    Drivers
                 5.3.1.    Supportive Government Policies and Regulations
                 5.3.2.    Increasing Investments by Leading Automotive OEMs 
                 5.3.3.    Decreasing Battery Prices
       5.4.    Restraints
                 5.4.1.    Lack of Charging Infrastructure in Developing Countries
       5.5.    Opportunities
                 5.5.1.    Increasing Adoption of Electric Mobility in Emerging Economies
                 5.5.2.    Increasing EV and Battery Manufacturing Capabilities in Southeast Asia
       5.6.    Challenges
                 5.6.1.    High Cost of Electric Vehicles
                 5.6.2.    Range Limitation of EVs
       5.7.    Value Chain Analysis

6.    Asia-Pacific Electric Vehicles Market, by Vehicle Type
       6.1.    Introduction
       6.2.    Passenger Vehicles
       6.3.    Two-Wheelers
       6.4.    Light Commercial Vehicles
       6.5.    E-Scooters & Bikes
       6.6.    Heavy Commercial Vehicles

7.    Asia-Pacific Electric Vehicles Market, by Propulsion Type
       7.1.    Introduction
       7.2.    Battery Electric Vehicles
       7.3.    Hybrid Electric Vehicles
                 7.3.1.    Pure Hybrid Electric Vehicles
                 7.3.2.    Plug-In Hybrid Electric Vehicles
       7.4.    Fuel Cell Electric Vehicles

8.    Asia-Pacific Electric Vehicles Market, by Power Output
       8.1.    Introduction
       8.2.    Less than 100kW
       8.3.    100kW to 250kW
       8.4.    More than 250kW

9.    Asia-Pacific Electric Vehicles Market, by End Use
       9.1.    Introduction
       9.2.    Private Use
       9.3.    Commercial Use
                 9.3.1.    Public Transport
                 9.3.2.    Micromobility
                 9.3.3.    Shared Mobility
       9.4.    Industrial Use

10.    Asia-Pacific Electric Vehicles Market, by Charging Standard
         10.1.    Introduction
         10.2.    Guobiao Standards (GB/T)
         10.3.    Charge De Move (CHADEMO)
         10.4.    Combined Charging System (CCS)
         10.5.    Tesla Supercharger
         10.6.    Type 1 (SAE J1772)
         10.7.    Type 2 (IEC 62196)

11.    Asia-Pacific Electric Vehicles Market, by Country
         11.1.    Introduction
                     11.1.1.    China
                     11.1.2.    Japan
                     11.1.3.    South Korea
                     11.1.4.    India
                     11.1.5.    Australia
                     11.1.6.    New Zealand
                     11.1.7.    Thailand
                     11.1.8.    Singapore
                     11.1.9.    Taiwan
                     11.1.10. Malaysia
                     11.1.11. Philippines

12.    Competitive Landscape
         12.1.    Introduction
         12.2.    Key Growth Strategies
         12.3.    Market Share Analysis
                     12.3.1.    BYD Company Ltd.
                     12.3.2.    Hero MotoCorp Ltd.
                     12.3.3.    TATA Motors Limited

13.    Company Profiles
         13.1.    BYD Company Ltd.
                     13.1.1.    Business Overview
                     13.1.2.    Product Portfolio
                     13.1.3.    Strategic Developments
         13.2.    Hyundai Motor Company
                     13.2.1.    Business Overview
                     13.2.2.    Product Portfolio
                     13.2.3.    Strategic Developments
         13.3.    Honda Motor Co., Ltd.
                     13.3.1.    Business Overview
                     13.3.2.    Product Portfolio
                     13.3.3.    Strategic Developments
         13.4.    Nissan Motor Co., Ltd.
                     13.4.1.    Business Overview
                     13.4.2.    Product Portfolio
                     13.4.3.    Strategic Developments
         13.5.    TATA Motors Limited
                     13.5.1.    Business Overview
                     13.5.2.    Product Portfolio
                     13.5.3.    Strategic Developments
         13.6.    Yamaha Motor Co., Ltd.
                     13.6.1.    Business Overview
                     13.6.2.    Product Portfolio
                     13.6.3.    Strategic Developments
         13.7.    Hero MotoCorp Ltd.
                     13.7.1.    Business Overview
                     13.7.2.    Product Portfolio
                     13.7.3.    Strategic Developments
         13.8.    Ather Energy Pvt. Ltd.
                     13.8.1.    Business Overview
                     13.8.2.    Product Portfolio
                     13.8.3.    Strategic Developments
         13.9.    XPeng Inc.
                     13.9.1.    Business Overview
                     13.9.2.    Product Portfolio
                     13.9.3.    Strategic Developments
         13.10.    Geely Automobile Holdings Limited
                       13.10.1.    Business Overview
                       13.10.2.    Product Portfolio
                       13.10.3.    Strategic Developments

14.    Appendix
         14.1.    Questionnaire
         14.2.    Available Customization

List of Tables

Table 1    Market Size and CAGR (USD Million)
Table 2    Asia-Pacific Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 3    Asia-Pacific Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 4    Asia-Pacific Electric Passenger Vehicles Market Size, by Country/Region, 2019–2028 (USD Million)
Table 5    Asia-Pacific Electric Two-Wheelers Market Size, by Country/Region, 2019–2028 (USD Million)
Table 6    Asia-Pacific Electric Light Commercial Vehicles Market Size, by Country/Region, 2019–2028 (USD Million)
Table 7    Asia-Pacific Electric E-Scooters & Bikes Market Size, by Country/Region, 2019–2028 (USD Million)
Table 8    Asia-Pacific Electric Heavy Commercial Vehicles Market Size, by Country/Region, 2019–2028 (USD Million)
Table 9    Asia-Pacific Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 10 Asia-Pacific Battery Electric Vehicles Market Size, by Country/Region, 2019–2028 (USD Million)
Table 11 Asia-Pacific Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 12 Asia-Pacific Hybrid Vehicles Market Size, by Country, 2019–2028 (USD Million)
Table 13 Asia-Pacific Pure Hybrid Electric Vehicles Market Size, by Country, 2019–2028 (USD Million)
Table 14 Asia-Pacific Plug-In Hybrid Electric Vehicles Market Size, by Country, 2019–2028 (USD Million)
Table 15 Asia-Pacific Fuel Cell Electric Vehicles Market Size, by Country, 2019–2028 (USD Million)
Table 16 Asia-Pacific Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 17 Asia-Pacific Less Than 100kw Electric Vehicles Market Size, by Country, 2019–2028 (USD Million)
Table 18 Asia-Pacific 100kw to 250kw Electric Vehicles Market Size, by Country, 2019–2028 (USD Million)
Table 19 Asia-Pacific More Than 250kw Electric Vehicles Market Size, by Country, 2019–2028 (USD Million)
Table 20 Asia-Pacific Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 21 Asia-Pacific Electric Vehicles Market Size for Private Use, by Country, 2019–2028 (USD Million)
Table 22 Asia-Pacific Electric Vehicles Market Size, by Commercial Use, 2019–2028 (USD Million)
Table 23 Asia-Pacific Electric Vehicles Market Size for Commercial Use, by Country, 2019–2028 (USD Million)
Table 24 Asia-Pacific Electric Vehicles Market Size for Public Transport, by Country/Region, 2019–2028 (USD Million)
Table 25 Asia-Pacific Electric Vehicles Market Size for Micromobility, by Country, 2019–2028 (USD Million)
Table 26 Asia-Pacific Electric Vehicles Market Size for Shared Mobility, by Country, 2019–2028 (USD Million)
Table 27 Asia-Pacific Electric Vehicles Market Size for Industrial Use, by Country/Region, 2019–2028 (USD Million)
Table 28 Asia-Pacific Electric Vehicles Market Size, by Country, 2019-2028 (USD Million)
Table 29 Asia-Pacific Electric Vehicles Market Volume, by Country, 2019–2028 (Thousand Units)
Table 30 China: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 31 China: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 32 China: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 33 China: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 34 China: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 35 China: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 36 China: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 37 Japan: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 38 Japan: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 39 Japan: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 40 Japan: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 41 Japan: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 42 Japan: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 43 Japan: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 44 South Korea: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 45 South Korea: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 46 South Korea: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 47 South Korea: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 48 South Korea: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 49 South Korea: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 50 South Korea: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 51 India: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 52 India: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 53 India: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 54 India: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 55 India: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 56 India: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 57 India: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 58 Australia: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 59 Australia: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 60 Australia: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 61 Australia: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 62 Australia: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 63 Australia: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 64 Australia: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 65 New Zealand: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 66 New Zealand: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 67 New Zealand: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 68 New Zealand: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 69 New Zealand: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 70 New Zealand: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 71 New Zealand: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 72 Thailand: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 73 Thailand: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 74 Thailand: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 75 Thailand: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 76 Thailand: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 77 Thailand: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 78 Thailand: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 79 Singapore: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 80 Singapore: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 81 Singapore: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 82 Singapore: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 83 Singapore: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 84 Singapore: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 85 Singapore: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 86 Taiwan: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 87 Taiwan: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 88 Taiwan: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 89 Taiwan: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 90 Taiwan: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 92 Taiwan: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 93 Taiwan: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 94 Malaysia: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 95 Malaysia: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 96 Malaysia: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 97 Malaysia: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 98 Malaysia: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 99 Malaysia: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 100 Malaysia: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 101 Philippines: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 102 Philippines: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 103 Philippines: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 104 Philippines: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 105 Philippines: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 106 Philippines: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 107 Philippines: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 108 Electric Vehicles Market: Recent Developments, by Company, 2018–2021

List of Figures

Figure 1    Currency and Limitations
Figure 2    Research Process
Figure 3    Key Secondary Sources
Figure 4    Primary Research Techniques
Figure 5    Key Executives Interviewed
Figure 6    Market Size Estimation
Figure 7    Key Insights
Figure 8    Asia-Pacific Electric Vehicles Market, by Vehicle Type, 2028, (USD Million)
Figure 9    Asia-Pacific Electric Vehicles Market, by Propulsion Type, 2028, (USD Million)
Figure 10  Asia-Pacific Electric Vehicles Market, by Power Output, 2028, (USD Million)
Figure 11  Asia-Pacific Electric Vehicles Market, by End Use, 2028, (USD Million)
Figure 12  Geographic Snapshot: Asia-Pacific Electric Vehicles Market, (Value Share & CAGR)
Figure 13  Geographic Snapshot: Asia-Pacific Electric Vehicles Market, (Volume Share & CAGR)
Figure 14  The Impact of COVID-19 on the Asia-Pacific Electric Vehicles Market
Figure 15  Electric Vehicles Value Chain
Figure 16  Asia-Pacific Electric Vehicles Market Size, by Vehicle Type, 2021–2028 (USD Million)
Figure 17  Asia-Pacific Electric Vehicles Market Volume, by Vehicle Type, 2021–2028 (Thousand Units)
Figure 18  Asia-Pacific Electric Vehicles Market Size, by Propulsion Type, 2021–2028 (USD Million)
Figure 19  Asia-Pacific Electric Vehicles Market Size, by Power Output, 2021–2028 (USD Million)
Figure 20  Asia-Pacific Electric Vehicles Market Size, by End Use, 2021–2028 (USD Million)
Figure 21  Asia-Pacific Electric Vehicles Market Size, by Country, 2021–2028 (USD Million)
Figure 22  Asia-Pacific Electric Vehicles Market Volume, by Country, 2021–2028 (Thousand Units)
Figure 23  Key Growth Strategies Adopted by Leading Players, 2018–2021
Figure 24  Market Share Analysis: Asia-Pacific Electric Vehicles Market, 2020
Figure 25  BYD Company Ltd.: Financial Overview (2020)
Figure 26  Hyundai Motor Company: Financial Overview (2020)
Figure 27  Honda Motor Co., Ltd.: Financial Overview (2020)
Figure 28  Nissan Motor Co., Ltd.: Financial Overview (2020)
Figure 29  TATA Motors Limited: Financial Overview (2020)
Figure 30  Yamaha Motor Co., Ltd.: Financial Overview, 2020
Figure 31  Hero MotoCorp Ltd.: Financial Overview, 2020
Figure 32  Xpeng Inc.: Financial Overview (2020)
Figure 33  Geely Automobile Holdings Limited: Financial Overview (2020)

 
Name can only consist of alphabets.
Please provide your full name.
 
Please provide valid email address.
Please provide your email address.
 
Please provide your job title.
 
Please provide your company name.
 
Please provide your company name.
 
Please provide valid phone number.
Please provide your phone number.
 
Please enter minimum 10 characters.
 
Please enter Captcha.
Please enter valid Captcha.

This website is secure and we do not share your personal information with any third party. Privacy Policy

Related Research

The Asia-Pacific Electric Vehicle Market is expected to grow at a CAGR of 33.1% from 2021 to 2028 to reach $1,927.04 billion by 2028. By volume, this market is expected to reach 274.2 million units by 2028, at a CAGR of 25.9% during the forecast period.

The growth of this market is attributed to supportive government policies and regulations, increasing investments by leading automotive OEMs, and decreasing prices of batteries. Increasing adoption of electric mobility in emerging economies and increasing EV and battery manufacturing capabilities in Southeast Asia provides lucrative growth opportunities for the growth of this market.

Impact of COVID-19 on the Asia-Pacific Electric Vehicles Market

The outbreak of the COVID-19 pandemic severely impacted several sectors, including the automotive sector, with major manufacturers shutting down their operations completely or operating at reduced capacities following the directives issued by their respective governments. The automotive industry was also severely affected by the nationwide lockdowns and quarantines. Uncertainty regarding the duration of the lockdown and supply-chain disruptions made it more difficult for industry players to anticipate the recovery of the industry. This crisis caused structural shifts that had significant implications on the market.

The COVID-19 pandemic declined the demand for EVs across India, but the incentives offered by the Indian Government are expected to promote exponential growth of the EVs market in the coming years. For instance, in May 2021, the Indian government rolled out a Production-Linked Incentive Scheme (PLI) for ACC Battery Storage Manufacturing, which will incentivize the domestic production of batteries and limit the dependency on imports. This scheme is expected to support the EV industry with the requisite infrastructure and significantly cause a reduction in the cost of EVs.

Moreover, the policymakers of India are developing a mobility option that is “Shared, Connected, and Electric” and have projected an ambitious target of achieving 100 percent electrification by 2030. In addition to this, a study by the CEEW Centre for Energy Finance (CEEW-CEF) states that the Indian EV market will be a $206 billion opportunity by 2030 if India maintains steady progress to meet its ambitious 2030 target. This would require a cumulative investment of over $180 billion in electric vehicle production and charging infrastructure. Additionally, a study by the India Energy Storage Alliance (IESA) states that the Indian EVs market will grow at a CAGR of 36% by 2026.

The EV batteries market is also projected to grow at a CAGR of 30% during the same period. Hence, the abundance of renewable energy resources and the availability of skilled manpower in the technology and manufacturing sectors are expected to fuel the growth of the EVs market in the coming years.

The Asia-Pacific electric vehicles market is segmented based on vehicle type, propulsion type, power output, charging standard, end use, and country. The study also evaluates industry competitors and analyses the market at the country level.

Asia-Pacific Electric Vehicle Market

                                                           Click here to: Get Free Request Sample Pages of this report

Decreasing Battery Prices to Support Market growth

Battery electric vehicles mainly include passenger cars, autonomous delivery vehicles, industrial vehicles, and public transport vehicles. However, the cost and range limitations associated with EV batteries are a major restraining factor for the complete transition to electric mobility. Its capacity determines the cost of an electric vehicle battery in kilowatt-hours (kWh), which dictates its range and the power level of the motor that it supplies. Advancements in battery technologies have brought down the cost of EV battery per kWh. Today, EV battery manufacturers are aiming to provide EV manufacturers with high-capacity batteries with reduced battery prices to ensure the overall cost of a vehicle falls under the subsidized range.

Government initiatives across Asia-Pacific to phase out fossil fuel-powered vehicles, increasing concerns raised over the environmental impacts of conventional vehicles, improvements in battery capacity, and supporting government policies and regulations to set up battery manufacturing capabilities are promoting the growth of this market.

In 2020, the Government of India announced its plans to invest $4.6 billion in incentives for setting up advanced battery manufacturing facilities and promoting the use of EVs. Also, the Government of India announced to retain import tax rate of 5% for EV batteries until 2022 to support local manufacturing. Therefore, such initiatives are expected to reduce the total manufacturing cost of batteries, thus promoting the adoption of electric vehicles in the coming years.

According to a report by BloombergNEF, the average price per kilowatt-hour for batteries is expected to be approximately $100/kWh by 2023, making it possible for EVs to be priced the same as comparable gasoline-powered vehicles.

Several players in the market are incorporating advanced technologies and focusing on ways to reduce the vehicle’s battery size effectively, cost and improve its performance and power to weight ratio. In 2020, Samsung SDI (South Korea) commercialized a li-ion battery product that would replace liquid electrolytes in a battery cell with a solid electrolyte to improve battery performance. Such developments by major players in reducing the vehicle’s battery size and improving its performance for EVs also contribute to the overall market growth.

Key Findings in the Asia-Pacific Electric Vehicles Market Study:

Light commercial vehicles Segment Expected to Grow at Highest CAGR During Forecast period

Based on vehicle type, the Asia-Pacific electric vehicles market is segmented into passenger vehicles, light commercial vehicles, heavy commercial vehicles, two-wheelers, and e-scooters & bikes.

The light commercial vehicles segment is expected to grow at the highest CAGR during the forecast period. The high growth rate of this segment is mainly driven by the growing awareness regarding the role of electric vehicles in reducing emissions, rising demand for electric vehicles to reduce fleet emissions, and stringent government rules and regulations towards vehicle emissions.

Electric LCVs are a key element of urban distribution and transport systems and offer a promising low-emission solution. They require low maintenance and have relatively lower operating costs due to the non-requirement of lubricating the engines and lack of maintenance costs associated with gas engines. Electric LCVs contribute to the reduction of greenhouse gas emissions and lower the dependence on fuels. Hence, these are the key factors driving the adoption of electric light commercial vehicles.

Fuel Cell Electric Vehicles Segment Expected to Grow at Highest CAGR During Forecast Period.

Based on propulsion type, the Asia-Pacific electric vehicles market is segmented into battery electric vehicles, hybrid vehicles, and fuel cell electric vehicles. The fuel cell electric vehicles segment is expected to grow at the highest CAGR during the forecast period.

The high growth rate of this segment is mainly driven by the increasing demand for vehicles with low carbon emissions, a growing emphasis on the adoption of FCEVs due to advantages, such as fast refueling, and increasing government initiatives and investments for advancing fuel cell technology. Several major players and governments across Asia-Pacific are trying to encourage the use of hydrogen fuel cells for vehicles through various policies, investments, and regulations.

100kW to 250kW Segment Expected to Grow at Highest CAGR During Forecast Period.

Based on power output, the Asia-Pacific electric vehicles market is segmented into less than 100kW, 100kW to 250kW, and more than 250kW. The 100kW to250 kW segment is expected to grow at the highest CAGR during the forecast period.

The high growth rate of this segment is attributed to the increasing adoption of electric buses and trucks, mainly for public transportation and freight service applications. Power output between 100kW–250kW is widely utilized in EVs, such as passenger vehicles and light commercial vehicles, including vans, pick-up trucks, and utility vehicles.

The adoption of these EVs is increasing due to the rise in fuel prices and government initiatives for lowering fleet emissions of buses and trucks. Transport authorities worldwide are formulating policies to increase the number of electric buses for mass transit, which further supports the growth of this segment.

Commercial Use Segment Expected to Grow at Highest CAGR During Forecast Period.

Based on end use, the Asia-Pacific electric vehicles market is segmented into private use, commercial use, and industrial use. The commercial use segment is expected to grow at the highest CAGR during the forecast period. The high growth rate of this segment is mainly driven by the increase in fuel prices and stringent emission norms set by governments, the growing adoption of autonomous delivery vehicles, and the increasing adoption of electric buses and trucks.

Several manufacturers and suppliers in countries including Japan, France, and the U.S., are focused on improving battery and charging technology efficiency for commercial EVs. Electric commercial vehicles help lower greenhouse gas emissions, reduce dependence on fossil fuels, ensure smooth operation, and meet the latest emissions regulations.

The Philippines to be Fastest-growing Market in Asia-Pacific

The Philippines is expected to record the highest CAGR during the forecast period. The Philippines EVs market is largely driven by the local government initiatives to encourage investments in electric mobility and the adoption of cleaner technologies.

In early 2018, The Department of Transportation (DOTr) launched a Public Utility Vehicle (PUV) modernization program aimed at phasing out fossil fuel-powered vehicles in public transportation and replacing them with environmentally friendly alternatives. The Electric Vehicle Association of the Philippines (EVAP) forecasts an annual growth rate of 8-12% with revenue generation of $33.6 million from services and sales of approximately 200,000 units of electric vehicles by 2024.

Key Players

The key players operating in the Asia-Pacific electric vehicles market are TATA Motors Limited (India), BYD Company Ltd. (China), Honda Motor Co., Ltd. (Japan), Nissan Motor Co., Ltd. (Japan), Hyundai Motor Company (South Korea‎), Yamaha Motor Co., Ltd. (Japan), Hero MotoCorp Ltd. (India), Ather Energy Pvt. Ltd. (India), Geely Automobile Holdings Limited (China), and XPeng Inc. (China).

Scope of the Report:

Asia-Pacific Electric Vehicle Market, by Vehicle Type

  • Passenger Vehicle
  • Two-wheeler
  • Light Commercial Vehicles
  • E-Scooters & Bikes
  • Heavy Commercial Vehicles

Asia-Pacific Electric Vehicle Market, by Propulsion Type

  • Battery Electric Vehicles
  • Hybrid Electric Vehicles
    • Pure Hybrid Electric Vehicles
    • Plug-In Hybrid Electric Vehicles
  • Fuel Cell Electric Vehicles

Asia-Pacific Electric Vehicle Market, by Power Output

  • Less Than 100 KW
  • 100 KW to 250 KW
  • More Than 250 KW

Asia-Pacific Electric Vehicles Market, by End Use

  • Private Use
  • Commercial Use
    • Shared Mobility
    • Micromobility
    • Public Transport
  • Industrial Use

Asia-Pacific Electric Vehicle Market, by Country

  • China
  • Japan
  • South Korea
  • India
  • Singapore
  • Thailand
  • Philippines
  • Malaysia
  • Australia
  • New Zealand
  • Taiwan

Key Questions Answered in the Report:

  Request Sample

1.    Introduction
       1.1.    Market Definition
       1.2.    Market Ecosystem
       1.3.    Currency and Limitations
       1.4.    Key Stakeholders

2.    Research Methodology
       2.1.    Research Process
       2.2.    Data Collection & Validation
                 2.2.1.    Secondary Research
                 2.2.2.    Primary Research
       2.3.    Market Assessment
                 2.3.1.    Market Size Estimation
                             2.3.1.1.    Bottom-up Approach
                             2.3.1.2.    Growth Forecast
                             2.3.1.3.    COVID-19 Impact Assessment
       2.4.    Assumptions for the Study

3.    Executive Summary

4.    The Impact of COVID-19

5.    Market Insights
       5.1.    Introduction
       5.2.    Market Dynamics
       5.3.    Drivers
                 5.3.1.    Supportive Government Policies and Regulations
                 5.3.2.    Increasing Investments by Leading Automotive OEMs 
                 5.3.3.    Decreasing Battery Prices
       5.4.    Restraints
                 5.4.1.    Lack of Charging Infrastructure in Developing Countries
       5.5.    Opportunities
                 5.5.1.    Increasing Adoption of Electric Mobility in Emerging Economies
                 5.5.2.    Increasing EV and Battery Manufacturing Capabilities in Southeast Asia
       5.6.    Challenges
                 5.6.1.    High Cost of Electric Vehicles
                 5.6.2.    Range Limitation of EVs
       5.7.    Value Chain Analysis

6.    Asia-Pacific Electric Vehicles Market, by Vehicle Type
       6.1.    Introduction
       6.2.    Passenger Vehicles
       6.3.    Two-Wheelers
       6.4.    Light Commercial Vehicles
       6.5.    E-Scooters & Bikes
       6.6.    Heavy Commercial Vehicles

7.    Asia-Pacific Electric Vehicles Market, by Propulsion Type
       7.1.    Introduction
       7.2.    Battery Electric Vehicles
       7.3.    Hybrid Electric Vehicles
                 7.3.1.    Pure Hybrid Electric Vehicles
                 7.3.2.    Plug-In Hybrid Electric Vehicles
       7.4.    Fuel Cell Electric Vehicles

8.    Asia-Pacific Electric Vehicles Market, by Power Output
       8.1.    Introduction
       8.2.    Less than 100kW
       8.3.    100kW to 250kW
       8.4.    More than 250kW

9.    Asia-Pacific Electric Vehicles Market, by End Use
       9.1.    Introduction
       9.2.    Private Use
       9.3.    Commercial Use
                 9.3.1.    Public Transport
                 9.3.2.    Micromobility
                 9.3.3.    Shared Mobility
       9.4.    Industrial Use

10.    Asia-Pacific Electric Vehicles Market, by Charging Standard
         10.1.    Introduction
         10.2.    Guobiao Standards (GB/T)
         10.3.    Charge De Move (CHADEMO)
         10.4.    Combined Charging System (CCS)
         10.5.    Tesla Supercharger
         10.6.    Type 1 (SAE J1772)
         10.7.    Type 2 (IEC 62196)

11.    Asia-Pacific Electric Vehicles Market, by Country
         11.1.    Introduction
                     11.1.1.    China
                     11.1.2.    Japan
                     11.1.3.    South Korea
                     11.1.4.    India
                     11.1.5.    Australia
                     11.1.6.    New Zealand
                     11.1.7.    Thailand
                     11.1.8.    Singapore
                     11.1.9.    Taiwan
                     11.1.10. Malaysia
                     11.1.11. Philippines

12.    Competitive Landscape
         12.1.    Introduction
         12.2.    Key Growth Strategies
         12.3.    Market Share Analysis
                     12.3.1.    BYD Company Ltd.
                     12.3.2.    Hero MotoCorp Ltd.
                     12.3.3.    TATA Motors Limited

13.    Company Profiles
         13.1.    BYD Company Ltd.
                     13.1.1.    Business Overview
                     13.1.2.    Product Portfolio
                     13.1.3.    Strategic Developments
         13.2.    Hyundai Motor Company
                     13.2.1.    Business Overview
                     13.2.2.    Product Portfolio
                     13.2.3.    Strategic Developments
         13.3.    Honda Motor Co., Ltd.
                     13.3.1.    Business Overview
                     13.3.2.    Product Portfolio
                     13.3.3.    Strategic Developments
         13.4.    Nissan Motor Co., Ltd.
                     13.4.1.    Business Overview
                     13.4.2.    Product Portfolio
                     13.4.3.    Strategic Developments
         13.5.    TATA Motors Limited
                     13.5.1.    Business Overview
                     13.5.2.    Product Portfolio
                     13.5.3.    Strategic Developments
         13.6.    Yamaha Motor Co., Ltd.
                     13.6.1.    Business Overview
                     13.6.2.    Product Portfolio
                     13.6.3.    Strategic Developments
         13.7.    Hero MotoCorp Ltd.
                     13.7.1.    Business Overview
                     13.7.2.    Product Portfolio
                     13.7.3.    Strategic Developments
         13.8.    Ather Energy Pvt. Ltd.
                     13.8.1.    Business Overview
                     13.8.2.    Product Portfolio
                     13.8.3.    Strategic Developments
         13.9.    XPeng Inc.
                     13.9.1.    Business Overview
                     13.9.2.    Product Portfolio
                     13.9.3.    Strategic Developments
         13.10.    Geely Automobile Holdings Limited
                       13.10.1.    Business Overview
                       13.10.2.    Product Portfolio
                       13.10.3.    Strategic Developments

14.    Appendix
         14.1.    Questionnaire
         14.2.    Available Customization

List of Tables

Table 1    Market Size and CAGR (USD Million)
Table 2    Asia-Pacific Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 3    Asia-Pacific Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 4    Asia-Pacific Electric Passenger Vehicles Market Size, by Country/Region, 2019–2028 (USD Million)
Table 5    Asia-Pacific Electric Two-Wheelers Market Size, by Country/Region, 2019–2028 (USD Million)
Table 6    Asia-Pacific Electric Light Commercial Vehicles Market Size, by Country/Region, 2019–2028 (USD Million)
Table 7    Asia-Pacific Electric E-Scooters & Bikes Market Size, by Country/Region, 2019–2028 (USD Million)
Table 8    Asia-Pacific Electric Heavy Commercial Vehicles Market Size, by Country/Region, 2019–2028 (USD Million)
Table 9    Asia-Pacific Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 10 Asia-Pacific Battery Electric Vehicles Market Size, by Country/Region, 2019–2028 (USD Million)
Table 11 Asia-Pacific Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 12 Asia-Pacific Hybrid Vehicles Market Size, by Country, 2019–2028 (USD Million)
Table 13 Asia-Pacific Pure Hybrid Electric Vehicles Market Size, by Country, 2019–2028 (USD Million)
Table 14 Asia-Pacific Plug-In Hybrid Electric Vehicles Market Size, by Country, 2019–2028 (USD Million)
Table 15 Asia-Pacific Fuel Cell Electric Vehicles Market Size, by Country, 2019–2028 (USD Million)
Table 16 Asia-Pacific Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 17 Asia-Pacific Less Than 100kw Electric Vehicles Market Size, by Country, 2019–2028 (USD Million)
Table 18 Asia-Pacific 100kw to 250kw Electric Vehicles Market Size, by Country, 2019–2028 (USD Million)
Table 19 Asia-Pacific More Than 250kw Electric Vehicles Market Size, by Country, 2019–2028 (USD Million)
Table 20 Asia-Pacific Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 21 Asia-Pacific Electric Vehicles Market Size for Private Use, by Country, 2019–2028 (USD Million)
Table 22 Asia-Pacific Electric Vehicles Market Size, by Commercial Use, 2019–2028 (USD Million)
Table 23 Asia-Pacific Electric Vehicles Market Size for Commercial Use, by Country, 2019–2028 (USD Million)
Table 24 Asia-Pacific Electric Vehicles Market Size for Public Transport, by Country/Region, 2019–2028 (USD Million)
Table 25 Asia-Pacific Electric Vehicles Market Size for Micromobility, by Country, 2019–2028 (USD Million)
Table 26 Asia-Pacific Electric Vehicles Market Size for Shared Mobility, by Country, 2019–2028 (USD Million)
Table 27 Asia-Pacific Electric Vehicles Market Size for Industrial Use, by Country/Region, 2019–2028 (USD Million)
Table 28 Asia-Pacific Electric Vehicles Market Size, by Country, 2019-2028 (USD Million)
Table 29 Asia-Pacific Electric Vehicles Market Volume, by Country, 2019–2028 (Thousand Units)
Table 30 China: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 31 China: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 32 China: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 33 China: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 34 China: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 35 China: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 36 China: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 37 Japan: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 38 Japan: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 39 Japan: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 40 Japan: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 41 Japan: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 42 Japan: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 43 Japan: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 44 South Korea: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 45 South Korea: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 46 South Korea: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 47 South Korea: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 48 South Korea: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 49 South Korea: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 50 South Korea: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 51 India: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 52 India: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 53 India: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 54 India: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 55 India: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 56 India: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 57 India: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 58 Australia: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 59 Australia: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 60 Australia: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 61 Australia: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 62 Australia: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 63 Australia: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 64 Australia: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 65 New Zealand: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 66 New Zealand: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 67 New Zealand: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 68 New Zealand: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 69 New Zealand: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 70 New Zealand: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 71 New Zealand: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 72 Thailand: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 73 Thailand: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 74 Thailand: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 75 Thailand: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 76 Thailand: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 77 Thailand: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 78 Thailand: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 79 Singapore: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 80 Singapore: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 81 Singapore: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 82 Singapore: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 83 Singapore: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 84 Singapore: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 85 Singapore: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 86 Taiwan: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 87 Taiwan: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 88 Taiwan: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 89 Taiwan: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 90 Taiwan: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 92 Taiwan: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 93 Taiwan: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 94 Malaysia: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 95 Malaysia: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 96 Malaysia: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 97 Malaysia: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 98 Malaysia: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 99 Malaysia: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 100 Malaysia: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 101 Philippines: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 102 Philippines: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 103 Philippines: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 104 Philippines: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 105 Philippines: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 106 Philippines: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 107 Philippines: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 108 Electric Vehicles Market: Recent Developments, by Company, 2018–2021

List of Figures

Figure 1    Currency and Limitations
Figure 2    Research Process
Figure 3    Key Secondary Sources
Figure 4    Primary Research Techniques
Figure 5    Key Executives Interviewed
Figure 6    Market Size Estimation
Figure 7    Key Insights
Figure 8    Asia-Pacific Electric Vehicles Market, by Vehicle Type, 2028, (USD Million)
Figure 9    Asia-Pacific Electric Vehicles Market, by Propulsion Type, 2028, (USD Million)
Figure 10  Asia-Pacific Electric Vehicles Market, by Power Output, 2028, (USD Million)
Figure 11  Asia-Pacific Electric Vehicles Market, by End Use, 2028, (USD Million)
Figure 12  Geographic Snapshot: Asia-Pacific Electric Vehicles Market, (Value Share & CAGR)
Figure 13  Geographic Snapshot: Asia-Pacific Electric Vehicles Market, (Volume Share & CAGR)
Figure 14  The Impact of COVID-19 on the Asia-Pacific Electric Vehicles Market
Figure 15  Electric Vehicles Value Chain
Figure 16  Asia-Pacific Electric Vehicles Market Size, by Vehicle Type, 2021–2028 (USD Million)
Figure 17  Asia-Pacific Electric Vehicles Market Volume, by Vehicle Type, 2021–2028 (Thousand Units)
Figure 18  Asia-Pacific Electric Vehicles Market Size, by Propulsion Type, 2021–2028 (USD Million)
Figure 19  Asia-Pacific Electric Vehicles Market Size, by Power Output, 2021–2028 (USD Million)
Figure 20  Asia-Pacific Electric Vehicles Market Size, by End Use, 2021–2028 (USD Million)
Figure 21  Asia-Pacific Electric Vehicles Market Size, by Country, 2021–2028 (USD Million)
Figure 22  Asia-Pacific Electric Vehicles Market Volume, by Country, 2021–2028 (Thousand Units)
Figure 23  Key Growth Strategies Adopted by Leading Players, 2018–2021
Figure 24  Market Share Analysis: Asia-Pacific Electric Vehicles Market, 2020
Figure 25  BYD Company Ltd.: Financial Overview (2020)
Figure 26  Hyundai Motor Company: Financial Overview (2020)
Figure 27  Honda Motor Co., Ltd.: Financial Overview (2020)
Figure 28  Nissan Motor Co., Ltd.: Financial Overview (2020)
Figure 29  TATA Motors Limited: Financial Overview (2020)
Figure 30  Yamaha Motor Co., Ltd.: Financial Overview, 2020
Figure 31  Hero MotoCorp Ltd.: Financial Overview, 2020
Figure 32  Xpeng Inc.: Financial Overview (2020)
Figure 33  Geely Automobile Holdings Limited: Financial Overview (2020)

  Request Sample

1.    Introduction
       1.1.    Market Definition
       1.2.    Market Ecosystem
       1.3.    Currency and Limitations
       1.4.    Key Stakeholders

2.    Research Methodology
       2.1.    Research Process
       2.2.    Data Collection & Validation
                 2.2.1.    Secondary Research
                 2.2.2.    Primary Research
       2.3.    Market Assessment
                 2.3.1.    Market Size Estimation
                             2.3.1.1.    Bottom-up Approach
                             2.3.1.2.    Growth Forecast
                             2.3.1.3.    COVID-19 Impact Assessment
       2.4.    Assumptions for the Study

3.    Executive Summary

4.    The Impact of COVID-19

5.    Market Insights
       5.1.    Introduction
       5.2.    Market Dynamics
       5.3.    Drivers
                 5.3.1.    Supportive Government Policies and Regulations
                 5.3.2.    Increasing Investments by Leading Automotive OEMs 
                 5.3.3.    Decreasing Battery Prices
       5.4.    Restraints
                 5.4.1.    Lack of Charging Infrastructure in Developing Countries
       5.5.    Opportunities
                 5.5.1.    Increasing Adoption of Electric Mobility in Emerging Economies
                 5.5.2.    Increasing EV and Battery Manufacturing Capabilities in Southeast Asia
       5.6.    Challenges
                 5.6.1.    High Cost of Electric Vehicles
                 5.6.2.    Range Limitation of EVs
       5.7.    Value Chain Analysis

6.    Asia-Pacific Electric Vehicles Market, by Vehicle Type
       6.1.    Introduction
       6.2.    Passenger Vehicles
       6.3.    Two-Wheelers
       6.4.    Light Commercial Vehicles
       6.5.    E-Scooters & Bikes
       6.6.    Heavy Commercial Vehicles

7.    Asia-Pacific Electric Vehicles Market, by Propulsion Type
       7.1.    Introduction
       7.2.    Battery Electric Vehicles
       7.3.    Hybrid Electric Vehicles
                 7.3.1.    Pure Hybrid Electric Vehicles
                 7.3.2.    Plug-In Hybrid Electric Vehicles
       7.4.    Fuel Cell Electric Vehicles

8.    Asia-Pacific Electric Vehicles Market, by Power Output
       8.1.    Introduction
       8.2.    Less than 100kW
       8.3.    100kW to 250kW
       8.4.    More than 250kW

9.    Asia-Pacific Electric Vehicles Market, by End Use
       9.1.    Introduction
       9.2.    Private Use
       9.3.    Commercial Use
                 9.3.1.    Public Transport
                 9.3.2.    Micromobility
                 9.3.3.    Shared Mobility
       9.4.    Industrial Use

10.    Asia-Pacific Electric Vehicles Market, by Charging Standard
         10.1.    Introduction
         10.2.    Guobiao Standards (GB/T)
         10.3.    Charge De Move (CHADEMO)
         10.4.    Combined Charging System (CCS)
         10.5.    Tesla Supercharger
         10.6.    Type 1 (SAE J1772)
         10.7.    Type 2 (IEC 62196)

11.    Asia-Pacific Electric Vehicles Market, by Country
         11.1.    Introduction
                     11.1.1.    China
                     11.1.2.    Japan
                     11.1.3.    South Korea
                     11.1.4.    India
                     11.1.5.    Australia
                     11.1.6.    New Zealand
                     11.1.7.    Thailand
                     11.1.8.    Singapore
                     11.1.9.    Taiwan
                     11.1.10. Malaysia
                     11.1.11. Philippines

12.    Competitive Landscape
         12.1.    Introduction
         12.2.    Key Growth Strategies
         12.3.    Market Share Analysis
                     12.3.1.    BYD Company Ltd.
                     12.3.2.    Hero MotoCorp Ltd.
                     12.3.3.    TATA Motors Limited

13.    Company Profiles
         13.1.    BYD Company Ltd.
                     13.1.1.    Business Overview
                     13.1.2.    Product Portfolio
                     13.1.3.    Strategic Developments
         13.2.    Hyundai Motor Company
                     13.2.1.    Business Overview
                     13.2.2.    Product Portfolio
                     13.2.3.    Strategic Developments
         13.3.    Honda Motor Co., Ltd.
                     13.3.1.    Business Overview
                     13.3.2.    Product Portfolio
                     13.3.3.    Strategic Developments
         13.4.    Nissan Motor Co., Ltd.
                     13.4.1.    Business Overview
                     13.4.2.    Product Portfolio
                     13.4.3.    Strategic Developments
         13.5.    TATA Motors Limited
                     13.5.1.    Business Overview
                     13.5.2.    Product Portfolio
                     13.5.3.    Strategic Developments
         13.6.    Yamaha Motor Co., Ltd.
                     13.6.1.    Business Overview
                     13.6.2.    Product Portfolio
                     13.6.3.    Strategic Developments
         13.7.    Hero MotoCorp Ltd.
                     13.7.1.    Business Overview
                     13.7.2.    Product Portfolio
                     13.7.3.    Strategic Developments
         13.8.    Ather Energy Pvt. Ltd.
                     13.8.1.    Business Overview
                     13.8.2.    Product Portfolio
                     13.8.3.    Strategic Developments
         13.9.    XPeng Inc.
                     13.9.1.    Business Overview
                     13.9.2.    Product Portfolio
                     13.9.3.    Strategic Developments
         13.10.    Geely Automobile Holdings Limited
                       13.10.1.    Business Overview
                       13.10.2.    Product Portfolio
                       13.10.3.    Strategic Developments

14.    Appendix
         14.1.    Questionnaire
         14.2.    Available Customization

List of Tables

Table 1    Market Size and CAGR (USD Million)
Table 2    Asia-Pacific Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 3    Asia-Pacific Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 4    Asia-Pacific Electric Passenger Vehicles Market Size, by Country/Region, 2019–2028 (USD Million)
Table 5    Asia-Pacific Electric Two-Wheelers Market Size, by Country/Region, 2019–2028 (USD Million)
Table 6    Asia-Pacific Electric Light Commercial Vehicles Market Size, by Country/Region, 2019–2028 (USD Million)
Table 7    Asia-Pacific Electric E-Scooters & Bikes Market Size, by Country/Region, 2019–2028 (USD Million)
Table 8    Asia-Pacific Electric Heavy Commercial Vehicles Market Size, by Country/Region, 2019–2028 (USD Million)
Table 9    Asia-Pacific Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 10 Asia-Pacific Battery Electric Vehicles Market Size, by Country/Region, 2019–2028 (USD Million)
Table 11 Asia-Pacific Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 12 Asia-Pacific Hybrid Vehicles Market Size, by Country, 2019–2028 (USD Million)
Table 13 Asia-Pacific Pure Hybrid Electric Vehicles Market Size, by Country, 2019–2028 (USD Million)
Table 14 Asia-Pacific Plug-In Hybrid Electric Vehicles Market Size, by Country, 2019–2028 (USD Million)
Table 15 Asia-Pacific Fuel Cell Electric Vehicles Market Size, by Country, 2019–2028 (USD Million)
Table 16 Asia-Pacific Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 17 Asia-Pacific Less Than 100kw Electric Vehicles Market Size, by Country, 2019–2028 (USD Million)
Table 18 Asia-Pacific 100kw to 250kw Electric Vehicles Market Size, by Country, 2019–2028 (USD Million)
Table 19 Asia-Pacific More Than 250kw Electric Vehicles Market Size, by Country, 2019–2028 (USD Million)
Table 20 Asia-Pacific Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 21 Asia-Pacific Electric Vehicles Market Size for Private Use, by Country, 2019–2028 (USD Million)
Table 22 Asia-Pacific Electric Vehicles Market Size, by Commercial Use, 2019–2028 (USD Million)
Table 23 Asia-Pacific Electric Vehicles Market Size for Commercial Use, by Country, 2019–2028 (USD Million)
Table 24 Asia-Pacific Electric Vehicles Market Size for Public Transport, by Country/Region, 2019–2028 (USD Million)
Table 25 Asia-Pacific Electric Vehicles Market Size for Micromobility, by Country, 2019–2028 (USD Million)
Table 26 Asia-Pacific Electric Vehicles Market Size for Shared Mobility, by Country, 2019–2028 (USD Million)
Table 27 Asia-Pacific Electric Vehicles Market Size for Industrial Use, by Country/Region, 2019–2028 (USD Million)
Table 28 Asia-Pacific Electric Vehicles Market Size, by Country, 2019-2028 (USD Million)
Table 29 Asia-Pacific Electric Vehicles Market Volume, by Country, 2019–2028 (Thousand Units)
Table 30 China: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 31 China: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 32 China: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 33 China: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 34 China: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 35 China: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 36 China: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 37 Japan: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 38 Japan: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 39 Japan: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 40 Japan: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 41 Japan: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 42 Japan: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 43 Japan: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 44 South Korea: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 45 South Korea: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 46 South Korea: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 47 South Korea: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 48 South Korea: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 49 South Korea: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 50 South Korea: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 51 India: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 52 India: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 53 India: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 54 India: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 55 India: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 56 India: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 57 India: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 58 Australia: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 59 Australia: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 60 Australia: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 61 Australia: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 62 Australia: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 63 Australia: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 64 Australia: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 65 New Zealand: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 66 New Zealand: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 67 New Zealand: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 68 New Zealand: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 69 New Zealand: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 70 New Zealand: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 71 New Zealand: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 72 Thailand: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 73 Thailand: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 74 Thailand: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 75 Thailand: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 76 Thailand: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 77 Thailand: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 78 Thailand: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 79 Singapore: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 80 Singapore: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 81 Singapore: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 82 Singapore: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 83 Singapore: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 84 Singapore: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 85 Singapore: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 86 Taiwan: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 87 Taiwan: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 88 Taiwan: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 89 Taiwan: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 90 Taiwan: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 92 Taiwan: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 93 Taiwan: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 94 Malaysia: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 95 Malaysia: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 96 Malaysia: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 97 Malaysia: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 98 Malaysia: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 99 Malaysia: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 100 Malaysia: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 101 Philippines: Electric Vehicles Market Size, by Vehicle Type, 2019–2028 (USD Million)
Table 102 Philippines: Electric Vehicles Market Volume, by Vehicle Type, 2019–2028 (Thousand Units)
Table 103 Philippines: Electric Vehicles Market Size, by Propulsion Type, 2019–2028 (USD Million)
Table 104 Philippines: Hybrid Vehicles Market Size, by Type, 2019–2028 (USD Million)
Table 105 Philippines: Electric Vehicles Market Size, by Power Output, 2019–2028 (USD Million)
Table 106 Philippines: Electric Vehicles Market Size, by End Use, 2019–2028 (USD Million)
Table 107 Philippines: Electric Vehicles Market Size for Commercial Use by Type, 2019–2028 (USD Million)
Table 108 Electric Vehicles Market: Recent Developments, by Company, 2018–2021

List of Figures

Figure 1    Currency and Limitations
Figure 2    Research Process
Figure 3    Key Secondary Sources
Figure 4    Primary Research Techniques
Figure 5    Key Executives Interviewed
Figure 6    Market Size Estimation
Figure 7    Key Insights
Figure 8    Asia-Pacific Electric Vehicles Market, by Vehicle Type, 2028, (USD Million)
Figure 9    Asia-Pacific Electric Vehicles Market, by Propulsion Type, 2028, (USD Million)
Figure 10  Asia-Pacific Electric Vehicles Market, by Power Output, 2028, (USD Million)
Figure 11  Asia-Pacific Electric Vehicles Market, by End Use, 2028, (USD Million)
Figure 12  Geographic Snapshot: Asia-Pacific Electric Vehicles Market, (Value Share & CAGR)
Figure 13  Geographic Snapshot: Asia-Pacific Electric Vehicles Market, (Volume Share & CAGR)
Figure 14  The Impact of COVID-19 on the Asia-Pacific Electric Vehicles Market
Figure 15  Electric Vehicles Value Chain
Figure 16  Asia-Pacific Electric Vehicles Market Size, by Vehicle Type, 2021–2028 (USD Million)
Figure 17  Asia-Pacific Electric Vehicles Market Volume, by Vehicle Type, 2021–2028 (Thousand Units)
Figure 18  Asia-Pacific Electric Vehicles Market Size, by Propulsion Type, 2021–2028 (USD Million)
Figure 19  Asia-Pacific Electric Vehicles Market Size, by Power Output, 2021–2028 (USD Million)
Figure 20  Asia-Pacific Electric Vehicles Market Size, by End Use, 2021–2028 (USD Million)
Figure 21  Asia-Pacific Electric Vehicles Market Size, by Country, 2021–2028 (USD Million)
Figure 22  Asia-Pacific Electric Vehicles Market Volume, by Country, 2021–2028 (Thousand Units)
Figure 23  Key Growth Strategies Adopted by Leading Players, 2018–2021
Figure 24  Market Share Analysis: Asia-Pacific Electric Vehicles Market, 2020
Figure 25  BYD Company Ltd.: Financial Overview (2020)
Figure 26  Hyundai Motor Company: Financial Overview (2020)
Figure 27  Honda Motor Co., Ltd.: Financial Overview (2020)
Figure 28  Nissan Motor Co., Ltd.: Financial Overview (2020)
Figure 29  TATA Motors Limited: Financial Overview (2020)
Figure 30  Yamaha Motor Co., Ltd.: Financial Overview, 2020
Figure 31  Hero MotoCorp Ltd.: Financial Overview, 2020
Figure 32  Xpeng Inc.: Financial Overview (2020)
Figure 33  Geely Automobile Holdings Limited: Financial Overview (2020)

  Request Sample
Related Research
-->