Introduction to my RipoelectricCars🚗🚗

"Scope of Electric cars in Future"

"Electric (cars) manufacturers are moving production into the fast lane to keep up with the rapidly growing demand for electrified mobility. As demand increases, established and startup automotive manufacturers need to quickly ramp up EV production and reduce manufacturing costs to take advantage. EV manufacturing, however, presents unique challenges to automotive companies needing to survive the present and win in the future of mobility. By leveraging comprehensive digital twins of both product and production, manufacturers can design and validate assembly processes and entire facilities virtually, improving quality and accelerating the ramp-up to volume production".                                                                                                                                                      

• "No wonder the oil industry is skittish. Bloomberg predicts the EV "revolution" will displace 13 million barrels a day of crude by 2040 and 2 million barrels per day as early as 2023."

"Regarding battery speed;

• "Battery costs are dropping fast

Battery prices are plummeting, faster than many experts (including myself) would have predicted.

• More and more, scientists, industry experts, and automakers are in agreement that battery prices are headed below the magic $150 per kilowatt-hour in the next decade. That's the point where experts believe that EVs enter the mass market.

• Battery prices are "on a trajectory to make unsubsidized electric vehicles as affordable as their gasoline counterparts in the next six years,'' 

Market Dynamic Electric cars initiatives would help in improving air quality. The use of EVs will reduce the dependence on fossil fuels. Further, electric vehicles require lesser maintenance and operating costs than ICE vehicles.

• Recent developments have shown a tremendous increase in vehicle range on a single charging

• EV charging stations powered by renewable energy
• EVs can be charged at an electric charging station or using a solar panel. 
• Limited range of EVs

Many electric vehicle owners are concerned about the range or distance covered in a single charge of EVs. The driving range of EVs is shorter than that of ICE vehicles

Scope of the Report:

Report Metric	Details
Market size available for years	2017–2
2.Base year considered	2018
3.Forecast period	2019–2030
4.Forecast units	Volume (Units)
5.Segments covered	Vehicle type, propulsion type, vehicle class, component, charging station type, power output
6.Geographies covered	North America, Asia Pacific, and Europe
7.Companies covered	Tesla (US), BYD (China), BMW (Germany), Volkswagen (Germany), and Nissan (Japan). A total of 24 major players covered

 The market has been segmented as follows:

• Battery electric vehicle (BEV)
• Fuel cell electric vehicle (FCEV)
• Plug-in hybrid electric vehicle (PHEV)
• Hybrid electric vehicle (HEV)

Based on the charging station type, the market has been segmented as follows:

• Norma charging
• Super charging

Based on vehicle class, the market has been segmented as follows:

• Mid-Priced
• Luxury

Based on power output, the market has been segmented as follows:

• Less than 100 KW
• 100-250 KW
• Above 250 KW

Based on the region, the market has been segmented as follows:

• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Thailand
• North America
  • 
    
  • 
    
• 
  
  • Austria
  • France
  • Germany
  • Spain
  • Switzerland
  • Norway
  • Netherlands
  • Denmark
  • Sweden
  • Uk.