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UK Hybrid Car Sales, Norway Electric Vehicle Market - Ken Research

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Norway has become a global front runner in the field of electro mobility and the Battery Electric Vehicle (BEV) market share is far higher than any other country. – PowerPoint PPT presentation

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Title: UK Hybrid Car Sales, Norway Electric Vehicle Market - Ken Research


1
Green Car Incentives Boosting Demand for Electric
Vehicle Demand Ken Research
2
ELECTRIC VEHICLE is an auto- vehicle which runs
through electric charge. It uses the electric
motors, transaction motors, solar panels or a
generator to fuel the electricity. The electric
vehicle incentive programme is the initiative
launched for the adoption of electric vehicle as
much possible in order to make the transport
system more eco-friendly.
3
  • According to research report Green Car
    Incentives Industry success in four national EV
    markets led by incentive schemes, Wold-wide many
    countries are having some electric vehicle
    incentives but the purpose regulations and
    incentives are totally dependent on the countries
    region or state. For instance, China and India
    have different laws applicable in different
    regions.
  • In china the plan was adopted in 2009, to make it
    a hub for the electric and hybrid cars by 2012 in
    order to reduce its dependence on oil and focus
    on urban development.
  • Norway has now become the global leader in the
    field of electro mobility. The market shares for
    the battery electric vehicle (BEV) are higher
    than any other country.

4
  • Ken Research, a market research firm says, the
    major reasons for its success are the incentives
    policies which are increasing the sales of BEVs.
    Other regions should learn from the case of
    Norway and should also adopt same policies for
    the quick and easy success of electric vehicles.
    The diversity of incentives also allows for
    discerning with some strategies which will help
    in achieving the high market share of any
    electronic vehicle.
  • Due to the following reasons the electric
    vehicles are better for the environment and
    consumers
  • EV is more efficient than internal combustion
    engine in terms of generating energy to drive
    miles away.
  • EV vehicles are much more easily charged with
    different energy sources like solar, wind, hydro,
    nuclear, bio-fuel, and fossil fuel sources.
  • EV is much greener as they reduce the risk for
    emission of carbon dioxide which is a prime
    factor for causing global warming.

5
EVs are contributing to save the natural
resources, over extraction of fuels. Georgia
Perkins of the MIT Sloan School of Management has
helped the government by developing a model so as
the decision makers can make some accurate
subsidies so as to encourage the green
technology, keeping the point for both the
supplier and buyer of electronic vehicle. As
technology plays a very important role in the
development of any nation, therefore more and
more countries are now investing in electronic
cars and the future of this car is quite
prominent.
6
  • Key topics covered in report
  • Global Green Car Incentive Trends
  • Global Hybrid Car Market
  • China Green Car Incentive Program
  • Plug In Hybrid Vehicles Market
  • Norway Electric Vehicle Market
  • UK Electric Vehicle Market Research
  • UK Hybrid Car Sales
  • Battery Electric Vehicle Demand in Norway
  • China Electric Vehicle Industry
  • For More Coverage Click On the Link Below
  • https//www.kenresearch.com/automotive-transportat
    ion-and-warehousing/automotive-and-automotive-comp
    onents/green-car-incentives-industry-success-four-
    national/66761-100.html

7
Related Reports https//www.kenresearch.com/automo
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st-equipment-2017/104420-100.html https//www.ken
research.com/automotive-transportation-and-warehou
sing/automotive-and-automotive-components/top-coun
tries-automotive-steel-piston-2017/104418-100.html
Contact Us Ken Research Ankur Gupta, Head
Marketing Communications Ankur_at_kenresearch.com 9
1-9015378249
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