Electric Car -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2024 PUNE, MAHARASHTRA, INDIA, April 29, 2019 /EINPresswire.com/ -- Electric Car Industry Description Wiseguyreports.Com Adds “Electric Car -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2024” To Its Research Database An electric car is a self-propelling transportation machine that is powered either by a collector system through electricity from charging station deployments or else can be charged by self-charging devices like regenerative braking systems and turbochargers. Demand Scenario The global electric car market was USD 134.32 billion in 2018 and is estimated to reach USD 413.95 billion by 2025 at a CAGR of 17.44% during the forecast period. Growth by Region Asia-Pacific region accounted for the largest market in 2018 owing to the rising government incentives in the form of subsidies, grants and tax rebates, thus, … [Read more...] about Electric Car Market Opportunities To 2024: Consumption Volume, Value, Import, Export And Sale Analysis
Electric car market in india
Ford goes local in India, aims for bigger slice of competitive market
By Aditi ShahNEW DELHI (Reuters) - Ford Motor Co made a profit in India for the first time in a decade in the last fiscal year, signaling that a strategy conceived two years ago by the U.S. car manufacturer for one of the world's most competitive car markets is starting to show some success.Under an initiative called the Emerging Market Operating Model (EMOM), Ford cut manufacturing costs by 40 percent and is developing more vehicles locally as it moves away from its "One Ford" plan, which restricted its ability to be cost-competitive and agile in a fast-growing market, Ford executives and industry sources told Reuters. "EMOM is the North Star for the turnaround at Ford in India," Anurag Mehrotra, managing director of Ford's India unit, said in an interview. It's early days yet, and Ford still accounts for less than 3 percent of total passenger vehicle sales in India, where analysts say it's tough for auto manufacturers to make money."They are still a long way away till they can call … [Read more...] about Ford goes local in India, aims for bigger slice of competitive market
First Electrical Car arrives in Zimbabwe.Tesla Model X
Musk did hint that the cheapest Model 3 may arrive early next year, tweeting that shipping cars with partially filled battery packs was better than waiting until February.As for the actual $35,000 Model 3, the vehicle will be referred to as the Model 3 Standard Range and should have 220 miles of range.Tesla is finally offering a less expensive version of its Model 3 electric auto.Any worker who bought a Tesla and agreed to share 300 to 400 hours of driving feedback with the company's Autopilot team by the end of next year wouldn't have to pay for full self-driving, or for a premium interior, for a total savings of $13,000, the CEO wrote in an email obtained by Bloomberg News.But that price takes into account federal and state tax rebates. However, Tesla's ambitious $35,000 base version is nowhere to be seen due to production issues. But Musk said a "truer cost of ownership" for the midrange version would be about $31,000, his estimate for discounting the cost of gas. However, as … [Read more...] about First Electrical Car arrives in Zimbabwe.Tesla Model X
Electric-car makers amped on Formula E racing
Henry Payne The Detroit News Published 1:20 p.m. UTC Aug 9, 2018 New York — Like the Detroit Grand Prix on Belle Isle, the New York City E-Prix's circuit is laid out on the public streets of Brooklyn, with Manhattan skyscrapers forming a majestic backdrop across the river. The world's top drivers come here to race state-the-of-art, open-wheel cars at the limit just inches from makeshift barriers and adoring fans. The difference is the cars barely make a sound. Formula E is the world's premier battery-powered auto racing series with 11 stops around the globe, including the streets of Hong Kong, Paris, Rome and New York. As some governments consider outlawing the internal combustion engine, manufacturers from Audi to Jaguar to Nissan are rushing to the new race series to accelerate battery development and excite potential buyers about electric vehicles. Like other race series that have tried to capitalize on government … [Read more...] about Electric-car makers amped on Formula E racing
Start Your Engines: The Second Wave of Luxury Electric Cars
For the past five years, Tesla Inc. has owned the market for luxury electric vehicles. That is about to change. Jaguar, the iconic brand now owned by India’s Tata Motors Ltd., will start selling I-Pace, its first all-electric model, in August, the first shot in a battle between Tesla and old-guard auto makers for the premium electric-car... … [Read more...] about Start Your Engines: The Second Wave of Luxury Electric Cars