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The Japan electric car market is projected to grow at a significant CAGR during the forecast period (2019-2025). The market growth is attributed to the supporting government policies. The government has planned to phase out gasoline-powered electric cars by mid-2030, which will ultimately drive the electric car industry in Japan.
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Orion Market Research Japan Electric Car Market to 2025, Future Outlook, COVID-19 Impact Analysis, Forecast 2019-2025 Request https://www.omrglobal.com/request-sample/japan-electric-car-market a free sample of our report on Japan Electric Car Market: ------------------------------------------------------------------------------------ Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 7803040404
The Japan electric car market is projected to grow at a significant CAGR during the forecast period (2019-2025). The market growth is attributed to the supporting government policies. The government has planned to phase out gasoline-powered electric cars by mid-2030, which will ultimately drive the electric car industry in Japan. Moreover, the government's plan to double the EV subsidy will further drive the market growth. For instance, in November 2020, the Japanese government has announced to double its subsidies for battery-electric vehicles as part of a supplementary budget for 2020. The maximum amount per BEV is to be raised from 400,000 yen ($3,828) to 800,000 yen ($7,656). The required prior condition to avail subsidy is that the vehicles are to be charged exclusively with electricity from renewable energy. A full report of Japan Electric Car Market is available at: https://www.omrglobal.com/industry- reports/japan-electric-car-market Market Coverage Market number available for – 2018-2025 Base year- 2019 Forecast period- 2019-2025 Segment Covered- By Vehicle Type, By Propulsion Technology, By Battery Type Regions Covered- Japan Competitive Landscape- Audi AG, BMW AG, General Motors Co., Honda Motor Co., Ltd., Hyundai Motor Co., Mitsubishi Motors Corp., Nissan Motor Co., Tesla, Inc., Toyota Motor Corp., and Volkswagen AG. To learn more about this report request a sample copy @ https://www.omrglobal.com/request- sample/japan-electric-car-market Key questions addressed by the report What is the market growth rate? Which segment dominates the market in the base year? Which segment will project the fastest growth in the market? How COVID-19 impacted the market? Who is the leader in the market? How players are addressing challenges to sustain growth? Where is the investment opportunity?
Japan Electric Car Market Report Segment By Vehicle Type Hatchback Sedan SUV By Propulsion Technology Battery Electric Car Plug-in Hybrid Electric Car By Battery Type NiMH Li-ion Others For more customized data, request for report customization @ https://www.omrglobal.com/report- customization/japan-electric-car-market Company Profiles Audi AG BMW AG General Motors Co. Honda Motor Co., Ltd. Hyundai Motor Co. Mitsubishi Motors Corp. Nissan Motor Co. Tesla, Inc. Toyota Motor Corp. Volkswagen AG
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