France Electric Vehicle Market Trends, Size, Forecast - 2019-2025


Posted May 27, 2020 by pooja1919

The France Electric Vehicle market is estimated to grow at a CAGR of more than 18.0% during the forecast period.

 
The France Electric Vehicle market is estimated to grow at a CAGR of more than 18.0% during the forecast period. The rising need to address future energy requirements is one of the major factors to drive the growth of the market. Moreover, the cohesive government programs and initiatives to fuel the growth of the EV market in France. France is one of the members of the EV30@30 Campaign that aims to accelerate the deployment of EVs. It sets a collective aspirational goal. In 2018, France Government announced to ban sales of new cars emitting greenhouse gases by 2040. Moreover, the French government stated that it intends to reach a fleet of 1 million BEVs and PHEVs in 2022.

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Moreover, under the framework of the Green, Car Initiative started in November 2008 the France economic recovery plan had been presented to support a Europe-wide electromobility initiative, Green eMotion, worth $46.1 million, in partnership with 42 partners from electric car manufacturers, industry, municipalities, research institutions, universities, technology, research institutions, and utilities. According to the action plan, the France Commission will invest $26.7 million to finance the initiative's activities. The growing public-private partnership to support the adoption of electric vehicles is anticipated to fuel the growth EV market in France.

A full report of France Electric Vehicle Market is available at: https://www.omrglobal.com/industry-reports/france-electric-vehicle-market

By Vehicle Type

Commercial Vehicles

Passenger Cars

Two-Wheelers

By Propulsion Technology

Battery Electric Vehicles

Plug-in Hybrid Electric Vehicle

By Battery Type

NiMH

Li-Ion

Others

Company Profiles

BMW AG

BYD

Daimler AG

Ford Motor Co.

Kia Motors Corp.

Mitsubishi Motors Corp.

Nissan Motor Co.

Renault Group

Tesla, Inc.

Volkswagen AG

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Last Updated May 27, 2020