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Sweden 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.
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Orion Market Research Sweden Electric Vehicle Market: Industry Growth, Size, Share and Forecast 2019-2025 Request https://www.omrglobal.com/request-sample/sweden-electric-vehicle-market ------------------------------------------------------------------------------------ a Free Report on Sample of Sweden Electric Vehicle Market @ Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 7803040404
Sweden 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. The EV market is emerging as an integral part of the automotive industry that provides a pathway to achieve a higher level of energy efficiency with a reduced level of pollutant emissions and other greenhouse gases. Under the Swedish government action plan for sustainable development, the government intends to halt the sales of all fossil-fueled cars by 2030 to cut emissions from transport by 70%. To fulfill this intention, it is counting on considerable electrification of private cars by further increasing subsidies for purchase and manufacturing of electric vehicles in the country. A full Report of Sweden Electric Vehicle Market at https://www.omrglobal.com/industry- reports/sweden-electric-vehicle-market Moreover, in 2016, the Government implemented the subsidy mainly for electric buses. Under the subsidy scheme, both battery-electric and plug-in hybrid buses can be granted a variable rebate. A total of $6.3 million were allocated for this purpose and proposed for 2017-2019 as an annual budget of $12.6 million. The regulation specifies the size of the rebate and varies with the maximum transport capacity. The growing environmental concerns along with cohesive government initiatives are some other aspects to fuel the market growth in the country. The country has a considerable amount of electric vehicles however, the lack of charging stations to power these electric vehicles to affect its market growth in the country. Request a Free Report on Sample of https://www.omrglobal.com/request-sample/sweden-electric-vehicle-market The market is segmented on the basis of vehicle type, propulsion technology, and battery type. Based on vehicle type, the market is sub-segmented into commercial vehicles, passenger cars, and two-wheeler. Based on propulsion technology, the market is sub-segmented into battery electric vehicles and plug-in hybrid electric vehicles. Based on the battery type, the market is sub-segmented into NiMH, Li-Ion, and others. Based on the battery type, the Li-ion battery market segment is anticipated to witness considerable growth during the forecast period. Sweden Electric Vehicle Market Segmentation By Vehicle Type Commercial Vehicles Passenger Cars Two-Wheelers By Propulsion Technology Battery Electric Vehicles Plug-in Hybrid Electric Vehicle Sweden Electric Vehicle Market @
By Battery Type NiMH Li-Ion Others Company Profiles Audi AG BMW AG Daimler AG Jaguar Land Rover Mitsubishi Motors Corp. Nissan Motor Co. Porsche AG Renault Group Volkswagen AG Volvo Group For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report- customization/sweden-electric-vehicle-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. AnuragTiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 780-304-0404 Visit: Global Electric Vehicle Charger Market