The report of France Electric Vehicle Market by Type (BEV, PHEV, HEV) and Vehicle Type (Two-Wheeler, Passenger Car, Commercial Vehicle) is expected to reach US$ XX Bn by 2027, at a CAGR of XX % during a forecast period.
Key players operating in the France Electric Vehicle Market, BMW, Daimler, General Motors, Nissan, Ford, Renault, Rimac, Tesla Motors, Kia, Mitsubishi, Peugeot, Volkswagen.
France is Europe’s biggest market for EVs. France’s primary role can be credited to the victory of the Renaults Kangoo & Zoé. Finally, Norway has fallen behind France not just because of its less population but also owing to the absence of a national electric vehicle manufacturer. Electric vehicle development in France will endure benefiting from a number of governing advantages, with a conversion bonus & other financial advantage. And while Electric vehicles remain more costly than fossil-fuel cars.
The government has reviewed its bonus-malus CO2 system with the purpose of quintupling sales of EVs by 2022 compared with the year 2017. To this end, new modalities for the environmental bonus will be presented & the environmental penalty will be significantly increased. The bonus is applicable from 1st January 2020 for vehicles that produce less than 20 gm. of 〖CO〗_2 per Km & will amount to €6,000 for private individuals up to a list worth of €45,000 or €3,000 for a list value between €45,000 & €60,000. Legal objects receive a subsidy of 3,000 euros for vehicles below a list value of 60,000 euros. Only light ECM & fuel cell vehicles will be subsidized with 3,000 euros even beyond the 60,000 euro limit.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about France Electric Vehicle Market. The report encompasses the market by different segments, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics and future opportunities that might exist in France Electric Vehicle Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explain France Electric Vehicle Market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “France Electric Vehicle Market.”
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