Since the first electric car was made back in the 1800s, this technology has come a long way. Now as the need for eco-friendly vehicles increases electric vehicles will continue to thrive. There are currently over 5 million electric vehicles on the roads and China is the leader in the market followed by the US, and Europe. Large scale commercial production is unlikely to begin until 2025. 

Power companies are showing increasing interest in EV programs

As technology in this field improves, battery prices are rapidly decreasing. The research and development in battery chemistry, as well as scalability of battery production for EVs, allows the market to continue to grow. GlobalData’s Electric Vehicles in Utilities – Thematic Research will provide an in-depth analysis of this market and help to predict a future forecast. The power industry is now heavily focusing on how electric vehicles can be utilized in their industry. Power utilities, EV charging point operators, automakers, and EV charging hardware manufacturers are supporting increased investment in this market. 

Currently, a factor driving the use of electric vehicles is that utility programs are offering discounts and rebates on purchases. Power utilities are collaborating with EV manufacturers for boosting areas such as EV charging, V2G services, energy storage, and renewable energy sources. 

 

Key highlights of this report include:

 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
  • Identify winners and losers in areas such as battery assembly and charging stations
  • Explore key trends in the auto industry over the next 5 years as electric vehicle theme develops
  • Growth forecast for EV, EV supply equipment deployment plans, and major M&A in the sector
  • A timeline of electric vehicles including the story of vehicle electrification

 

Use this report to see how electric vehicles are disrupting the auto industry. Place yourself at the forefront of change by identifying investment areas Identify key players and segments and take advantage of an ever-growing market. 

To find out more about this report, visit GlobalData’s Report Store.