North America Automotive High Performance Electric Vehicle Market is expected to reach US$ 19.56 Bn. by 2027, at a CAGR of 24.25% during the forecast period.To know about the Research Methodology :- Request Free Sample Report
North America Automotive High Performance Electric Vehicle Market:
Increasing awareness about CO2 emissions, lower operating & maintenance costs, along with increasing government initiatives to encourage the use of EVs, are some of the Key reasons aiding in driving the growth of high-performance EVs market. North-America is leading the global market in the manufacture of these vehicles. After the increase in energy conservation awareness around the globe, the US Congress established minimum-efficiency levels for electric motors in their 1992 Energy Policy Act (EP Act). In 2007, the Energy Independence & Security Act (EISA) was made into a law. The National Electrical Manufacturers Association (NEMA) took initiative in providing EISA with improved motor efficiency levels. As a result, new motor efficiency regulations were made for general-purpose electric motors. Automotive High Performance Electric Vehicle can be distinguished from other electric vehicle on aspects, containing longer range of distance i.e., over 150 miles in a single charge, high acceleration, & their ability to attain a speed of over 90 miles/ hour with faster acceleration of 0 to 60 miles/hour. However purely electric vehicles have some limitations, usually counting with lower range & higher weight. The demand for long-range Evs has been increasing in the North American region owing to the unavailability of charging station for passengers traveling on highways in remote areas. Manufacturers have focused on improving the range of their products by growing battery capacities. As the US is the potential market for High-Performance EVs, high energy Li-ion batteries & advanced powertrain parts contribute a Key role in propelling this market towards the north. The Key players of United States are GM, Tesla, & Chevrolet. US is taking up the production of electric motors for the latest Tesla models. The Gigafactory is still under construction, & Tesla starts producing high-performance lithium-ion batteries & electric motors through it. The Energy Improvement & Extension Act of 2008 also allowed tax credits for new plug-in electric drive motor vehicles. Most states in the United States also have extra incentives for EV owners. Market leader in electric vehicle charging have announced a USD 20 Mn commitment toward the deployment of community charging & a nation-wide network of high-speed charging stations. Initiatives, Like the Hawaii clean energy program & Richmond EVs program, are expected to increase the electric vehicle adoption rates in the country. The Northeast EV Network, which was started in 2011 is anticipated to boost the adoption of electric vehicle in Maryland, Delaware, Massachusetts, New Hampshire, New York, New Jersey, Vermont, Rhode Island, Connecticut, and communities in Maine. The objective of the report is to present a comprehensive analysis of the North America Automotive High Performance Electric Vehicle Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding North America Automotive High Performance Electric Vehicle Market dynamics, structure by analyzing the market segments and project the North America Automotive High Performance Electric Vehicle Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the North America Automotive High Performance Electric Vehicle Market make the report investor’s guide.Scope of North America Automotive High Performance Electric Vehicle Market: Inquire before buying
North America Automotive High Performance Electric Vehicle Market, By Drive Type
• Plug-in Hybrid • Pure ElectricNorth America Automotive High Performance Electric Vehicle Market, By Vehicle Type
• Passenger Car • Commercial VehicleNorth America Automotive High Performance Electric Vehicle Market Key Players
• BMW • Daimler (Mercedes-Benz) • General Motors • Nissan • Ford Motor Company • Renault • Tesla Inc. • Hyundai Motors • Volkswagen AG • Mitsubishi • Kia • Peugeot • Toyota Motor Corporation
North America Automotive High Performance Electric Vehicle Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: North America Automotive High Performance Electric Vehicle Market Size, by Market Value (US$ Mn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. North America Automotive High Performance Electric Vehicle Market Analysis and Forecast 7. North America Automotive High Performance Electric Vehicle Market Analysis and Forecast, by Drive Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. North America Automotive High Performance Electric Vehicle Market Value Share Analysis, by Drive Type 7.4. North America Automotive High Performance Electric Vehicle Market Size (US$ Mn) Forecast, by Drive Type 7.5. North America Automotive High Performance Electric Vehicle Market Analysis, by Drive Type 7.6. North America Automotive High Performance Electric Vehicle Market Attractiveness Analysis, by Drive Type 8. North America Automotive High Performance Electric Vehicle Market Analysis and Forecast, by Vehicle Type 8.1. Introduction and Definition 8.2. Key Findings 8.3. North America Automotive High Performance Electric Vehicle Market Value Share Analysis, by Vehicle Type 8.4. North America Automotive High Performance Electric Vehicle Market Size (US$ Mn) Forecast, by Vehicle Type 8.5. North America Automotive High Performance Electric Vehicle Market Analysis, by Vehicle Type 8.6. North America Automotive High Performance Electric Vehicle Market Attractiveness Analysis, by Vehicle Type 9. North America Automotive High Performance Electric Vehicle Market Analysis 9.1. Key Findings 9.2. North America Automotive High Performance Electric Vehicle Market Overview 9.3. Europe Electric Vehicle Motor Value Share Analysis, by Type 9.4. North America Automotive High Performance Electric Vehicle Market Forecast, by Drive Type 9.4.1. Plug-in Hybrid 9.4.2. Pure Electric 9.5. North America Automotive High Performance Electric Vehicle Market Forecast, by Vehicle Type 9.5.1. Passenger Car 9.5.2. Commercial Vehicle 9.6. North America Automotive High Performance Electric Vehicle Market Forecast, by Country 9.6.1. U.S 9.6.2. Canada 9.7. U.S Automotive High Performance Electric Vehicle Market Forecast, by Drive Type 9.7.1. Plug-in Hybrid 9.7.2. Pure Electric 9.8. U.S Automotive High Performance Electric Vehicle Market Forecast, by Vehicle Type 9.8.1. Passenger Car 9.8.2. Commercial Vehicle 9.9. Canada Automotive High Performance Electric Vehicle Market Forecast, by Drive Type 9.9.1. Plug-in Hybrid 9.9.2. Pure Electric 9.10. Canada Automotive High Performance Electric Vehicle Market Forecast, by Vehicle Type 9.10.1. Passenger Car 9.10.2. Commercial Vehicle 9.11. PEST Analysis 9.12. Key Trends 9.13. Key Developments 10. Company Profiles 10.1. Market Share Analysis, by Company 10.2. Competition Matrix 10.2.1. Competitive Benchmarking of key players by price, presence, market share, Vehicle Type and R&D investment 10.2.2. New Product Launches and Product Enhancements 10.2.3. Market Consolidation 10.2.3.1. M&A by Regions, Investment and Vehicle Type 10.2.3.2. M&A Key Players, Forward Integration and Backward Integration 10.3. Company Profiles: Key Players 10.3.1. BMW 10.3.2. Daimler (Mercedes-Benz) 10.3.3. General Motors 10.3.4. Nissan 10.3.5. Ford Motor Company 10.3.6. Renault 10.3.7. Tesla Inc. 10.3.8. Hyundai Motors 10.3.9. Volkswagen AG 10.3.10. Mitsubishi 10.3.11. Kia 10.3.12. Peugeot 10.3.13. Toyota Motor Corporation 11. Primary Key Insights.