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Middle East and Africa Electric Vehicle Market - Industry Trends and Forecast to 2030

author

Data Bridge Market Research

date

a year ago

delivery time

1 business day

Middle East and Africa electric vehicle market is projected to register a CAGR of 28.1% in the forecast period of 2023 to 2030. The new market report contains data for the historic year 2021, the base year of calculation is 2022, and the forecast period is 2023 to 2030.

Market Segmentation:

Middle East and Africa Electric Vehicle Market, By Propulsion Type (Battery Electric Vehicle (BEV), Plug-In Hybrid Electric Vehicle (PHEV), Fuel Cell Electric Vehicle (FCEV), and ICE and Micro Hybrid Vehicle), Vehicle Drive Type (FWD, RWD, and AWD), Vehicle Speed (Less Than 100 MPH, 100 To 125 MPH, and More Than 125 MPH), Vehicle Class (Mid-Priced and Luxury), Sales Channel (OEM and Aftermarket), Power Output (Less Than 100 KW, 100 To 250 KW, and More Than 25O KW), Electric Motor Type (Brushless DC Motors, Permanent Magnet Synchronous Motors, DC Motors, and Three Phase Induction Motors), Voltage Range (Less Than 48 Volt and More Than 48 Volt), Charging Station Type (Normal Charging and Super Charging), Connectivity Type (V2G, V2X, V2V, and V2B or V2H), Power Train (Series Hybrid, Parallel Hybrid, and Combined Hybrid), Vehicle Type (Passenger Cars, Commercial Vehicle, and Two Wheelers), Battery Type (Lithium Ion, Nickel Metal Hydride, Solid State, Lead Acid, and Sodium Ion Battery), Battery Form (Prismatic, Pouch, and Cylindrical), Country (Saudi Arabia, U.A.E., Bahrain, Qatar, Oman, Egypt, Kuwait and Rest of Middle East and Africa) Industry Trends and Forecast to 2030

Some of the major factors contributing to the growth of the Middle East and Africa electric vehicle market are:

• Increase in demand for electric vehicles
• Incentives and subsidies by the government for thermal batteries in electric vehicles

Market Players
Some of the major players operating in the Middle East and Africa electric vehicle market are:
• Tesla
• Toyota Motor Corporation
• Ford Motor Company
• Mercedes-Benz Group AG
• Lucid Group, Inc.
• Geely Automobile Holdings Limited.
• JAGUAR LAND ROVER AUTOMOTIVE PLC
• BMW AG
• Hyundai Motor Company
• BYD Company Ltd.
• Nissan Motor Co., Ltd.
• MITSUBISHI MOTORS CORPORATION
• Mahindra & Mahindra Ltd
• MG MOTOR
• Renault Group
• General Motors Company

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