According to the Regional Research Reports, the Global New Energy Vehicle (NEV) Taxi Market size was valued at million USD in 2021 and will reach multi-million USD by 2030, at a CAGR of 5.6% from 2022 to 2025. Due to various Government subsidies and mega investments in the new energy vehicle taxi market will be boosted at a CAGR of 25 to 30% from 2025 to 2035.
EV taxis are new energy vehicles partially or fully powered by electricity, such as Battery Electric Vehicles (BEVs) and Plug-In Hybrids (PHEVs). The Chinese government began implementing its NEV program in 2019 to foster the developing and introduction of new energy vehicles. The main global issue is depleting fossil fuel resources, and finding alternatives for it has led to an inclination toward green movement and mobility. It is the key factor for the increase in demand and growth of the New Energy Vehicle Taxi Market, as it produces less pollution, is easy to operate, and requires low maintenance costs than conventional petrol and diesel taxis.
The factors influencing the growth of the New Energy Vehicle (NEV) Taxi Market include a rapid rise in air pollution levels; stringent emission regulations.
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Regional Research Reports has segmented the global new energy vehicle (NEV) taxi market based on vehicle type, ownership, range type, and vehicle class at a regional and global level. Geographically, the research report has considered the five regions: North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Moreover, the research study focuses on the market analysis of the tier-1 countries, such as the USA, China, Germany, India, the UK, Japan, France, Italy, Spain, Russia, South Korea, and other territories.
(Note: The list of the key market players can be updated with the latest market scenario and trends)
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New Energy Vehicle (NEV) Taxi Market Report Covers Comprehensive Analysis On:
Report Features | Details |
Base Year of the Analysis | 2021 |
Historical Period | 2018-2020 |
Forecast Period | 2022-2030 |
CAGR | 5.6% (2022-2025), 25 to 30% (2025-2035) |
Segment Coverage | Vehicle Type, Ownership, Range Type, Vehicle Class, and Region |
Region Covered | North America, Europe, Asia Pacific, South America, Middle East, and Africa |
Countries Covered | US, Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, Switzerland, Poland, Czech Republic, China, India, Japan, South Korea, Indonesia, Thailand, Malaysia, Singapore, Australia & New Zealand, Brazil, Argentina, Peru, Colombia, UAE, Saudi Arabia, South Africa, Egypt, Qatar |
Companies Covered | Daimler AG, BYD Auto Co., Ltd., Nissan Motor Corporation, Changan Automobile Co. Ltd, Beijing Automotive, Toyota Motor Corporation Industry Holding Co. Ltd. (BAIC), Dongfeng Nissan Passenger Vehicle Company, Beiqi Foton Motor Co. Ltd., Anhui Jianghuai Automobile Co Ltd (JAC), |
Customization Scope | 20% Free Customization |
Report Price and Purchase Option | Single User License: USD 3150 |
Post-Sale Analyst Support | 2 Months/60 Days |
Delivery Format | PDF and Excel on mail (We also provide the editable version of the report in Word/PPT format on special request with additional charges) |
The report is based on analysis through extensive secondary research and primary Interviews.
The secondary data sources include the company website, annual reports, investor presentations, press releases, white papers, journals, certified publications, government websites, and articles from the industry.
Similarly following is the list of a few paid secondary sources/databases,
The primary sources include CXOs, VPs, directors, technology & innovation directors, product managers, and related executives from key organizations from both the supply and demand sides. Similarly, we have also interviewed various end user organizations. We cannot reveal the end-user organizations due to non-disclosure agreements.
For instance, the region forecast is based on extensive secondary research and primary Interviews. We have conducted primary interviews across the regions to get more region-specific insights. Additionally, primary interviews were conducted with independent consultants and subject matter experts in respective regions. These experts were interviewed to obtain qualitative and quantitative information related to the market and validate the research findings and estimations. The primary and secondary data inputs referred for triangulation and forecast for the region segment are as follows,
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