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Global Business Electric Vehicle Market Research Report 2024
Synopsis
Business Electric Vehicle refers to a commercial vehicle driven by an electric motor, usually used for commercial transportation and cargo transportation. These vehicles are powered by batteries rather than internal combustion engines. As such, they are often more environmentally friendly and energy efficient than commercial vehicles that run on conventional fuels.
Global Business Electric Vehicle market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Business Electric Vehicle market research.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Business Electric Vehicle market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Tesla
KIA
Ford
General Motors
Bayerische Motoren Werke AG
Nissan
BMW
Mercedes-Benz
Rivian
Lucid
BYD Auto
Daimler AG
Volkswagen
Honda Motor Company
Toyota Motor Corporation
Zenith Motors
Alke
Volvo
Voltia A.S.
Segment by Type
Pure Electric System
Hybrid Power System
Segment by Application
Enterprise
Municipal
Others
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Business Electric Vehicle report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Business Electric Vehicle refers to a commercial vehicle driven by an electric motor, usually used for commercial transportation and cargo transportation. These vehicles are powered by batteries rather than internal combustion engines. As such, they are often more environmentally friendly and energy efficient than commercial vehicles that run on conventional fuels.
Global Business Electric Vehicle market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Business Electric Vehicle market research.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Business Electric Vehicle market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Tesla
KIA
Ford
General Motors
Bayerische Motoren Werke AG
Nissan
BMW
Mercedes-Benz
Rivian
Lucid
BYD Auto
Daimler AG
Volkswagen
Honda Motor Company
Toyota Motor Corporation
Zenith Motors
Alke
Volvo
Voltia A.S.
Segment by Type
Pure Electric System
Hybrid Power System
Segment by Application
Enterprise
Municipal
Others
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Business Electric Vehicle report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Index1 Business Electric Vehicle Market Overview
1.1 Product Definition
1.2 Business Electric Vehicle Segment by Type
1.2.1 Global Business Electric Vehicle Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Pure Electric System
1.2.3 Hybrid Power System
1.3 Business Electric Vehicle Segment by Application
1.3.1 Global Business Electric Vehicle Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Enterprise
1.3.3 Municipal
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Business Electric Vehicle Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Business Electric Vehicle Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Business Electric Vehicle Production Estimates and Forecasts (2018-2029)
1.4.4 Global Business Electric Vehicle Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Business Electric Vehicle Production Market Share by Manufacturers (2018-2023)
2.2 Global Business Electric Vehicle Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Business Electric Vehicle, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Business Electric Vehicle Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Business Electric Vehicle Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Business Electric Vehicle, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Business Electric Vehicle, Product Offered and Application
2.8 Global Key Manufacturers of Business Electric Vehicle, Date of Enter into This Industry
2.9 Business Electric Vehicle Market Competitive Situation and Trends
2.9.1 Business Electric Vehicle Market Concentration Rate
2.9.2 Global 5 and 10 Largest Business Electric Vehicle Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Business Electric Vehicle Production by Region
3.1 Global Business Electric Vehicle Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Business Electric Vehicle Production Value by Region (2018-2029)
3.2.1 Global Business Electric Vehicle Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Business Electric Vehicle by Region (2024-2029)
3.3 Global Business Electric Vehicle Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Business Electric Vehicle Production by Region (2018-2029)
3.4.1 Global Business Electric Vehicle Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Business Electric Vehicle by Region (2024-2029)
3.5 Global Business Electric Vehicle Market Price Analysis by Region (2018-2023)
3.6 Global Business Electric Vehicle Production and Value, Year-over-Year Growth
3.6.1 North America Business Electric Vehicle Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Business Electric Vehicle Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Business Electric Vehicle Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Business Electric Vehicle Production Value Estimates and Forecasts (2018-2029)
3.6.5 South Korea Business Electric Vehicle Production Value Estimates and Forecasts (2018-2029)
3.6.6 India Business Electric Vehicle Production Value Estimates and Forecasts (2018-2029)
4 Business Electric Vehicle Consumption by Region
4.1 Global Business Electric Vehicle Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Business Electric Vehicle Consumption by Region (2018-2029)
4.2.1 Global Business Electric Vehicle Consumption by Region (2018-2023)
4.2.2 Global Business Electric Vehicle Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Business Electric Vehicle Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Business Electric Vehicle Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Business Electric Vehicle Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Business Electric Vehicle Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Business Electric Vehicle Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Business Electric Vehicle Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Business Electric Vehicle Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Business Electric Vehicle Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Business Electric Vehicle Production by Type (2018-2029)
5.1.1 Global Business Electric Vehicle Production by Type (2018-2023)
5.1.2 Global Business Electric Vehicle Production by Type (2024-2029)
5.1.3 Global Business Electric Vehicle Production Market Share by Type (2018-2029)
5.2 Global Business Electric Vehicle Production Value by Type (2018-2029)
5.2.1 Global Business Electric Vehicle Production Value by Type (2018-2023)
5.2.2 Global Business Electric Vehicle Production Value by Type (2024-2029)
5.2.3 Global Business Electric Vehicle Production Value Market Share by Type (2018-2029)
5.3 Global Business Electric Vehicle Price by Type (2018-2029)
6 Segment by Application
6.1 Global Business Electric Vehicle Production by Application (2018-2029)
6.1.1 Global Business Electric Vehicle Production by Application (2018-2023)
6.1.2 Global Business Electric Vehicle Production by Application (2024-2029)
6.1.3 Global Business Electric Vehicle Production Market Share by Application (2018-2029)
6.2 Global Business Electric Vehicle Production Value by Application (2018-2029)
6.2.1 Global Business Electric Vehicle Production Value by Application (2018-2023)
6.2.2 Global Business Electric Vehicle Production Value by Application (2024-2029)
6.2.3 Global Business Electric Vehicle Production Value Market Share by Application (2018-2029)
6.3 Global Business Electric Vehicle Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Tesla
7.1.1 Tesla Business Electric Vehicle Corporation Information
7.1.2 Tesla Business Electric Vehicle Product Portfolio
7.1.3 Tesla Business Electric Vehicle Production, Value, Price and Gross Margin (2018-2023)
7.1.4 Tesla Main Business and Markets Served
7.1.5 Tesla Recent Developments/Updates
7.2 KIA
7.2.1 KIA Business Electric Vehicle Corporation Information
7.2.2 KIA Business Electric Vehicle Product Portfolio
7.2.3 KIA Business Electric Vehicle Production, Value, Price and Gross Margin (2018-2023)
7.2.4 KIA Main Business and Markets Served
7.2.5 KIA Recent Developments/Updates
7.3 Ford
7.3.1 Ford Business Electric Vehicle Corporation Information
7.3.2 Ford Business Electric Vehicle Product Portfolio
7.3.3 Ford Business Electric Vehicle Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Ford Main Business and Markets Served
7.3.5 Ford Recent Developments/Updates
7.4 General Motors
7.4.1 General Motors Business Electric Vehicle Corporation Information
7.4.2 General Motors Business Electric Vehicle Product Portfolio
7.4.3 General Motors Business Electric Vehicle Production, Value, Price and Gross Margin (2018-2023)
7.4.4 General Motors Main Business and Markets Served
7.4.5 General Motors Recent Developments/Updates
7.5 Bayerische Motoren Werke AG
7.5.1 Bayerische Motoren Werke AG Business Electric Vehicle Corporation Information
7.5.2 Bayerische Motoren Werke AG Business Electric Vehicle Product Portfolio
7.5.3 Bayerische Motoren Werke AG Business Electric Vehicle Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Bayerische Motoren Werke AG Main Business and Markets Served
7.5.5 Bayerische Motoren Werke AG Recent Developments/Updates
7.6 Nissan
7.6.1 Nissan Business Electric Vehicle Corporation Information
7.6.2 Nissan Business Electric Vehicle Product Portfolio
7.6.3 Nissan Business Electric Vehicle Production, Value, Price and Gross Margin (2018-2023)
7.6.4 Nissan Main Business and Markets Served
7.6.5 Nissan Recent Developments/Updates
7.7 BMW
7.7.1 BMW Business Electric Vehicle Corporation Information
7.7.2 BMW Business Electric Vehicle Product Portfolio
7.7.3 BMW Business Electric Vehicle Production, Value, Price and Gross Margin (2018-2023)
7.7.4 BMW Main Business and Markets Served
7.7.5 BMW Recent Developments/Updates
7.8 Mercedes-Benz
7.8.1 Mercedes-Benz Business Electric Vehicle Corporation Information
7.8.2 Mercedes-Benz Business Electric Vehicle Product Portfolio
7.8.3 Mercedes-Benz Business Electric Vehicle Production, Value, Price and Gross Margin (2018-2023)
7.8.4 Mercedes-Benz Main Business and Markets Served
7.7.5 Mercedes-Benz Recent Developments/Updates
7.9 Rivian
7.9.1 Rivian Business Electric Vehicle Corporation Information
7.9.2 Rivian Business Electric Vehicle Product Portfolio
7.9.3 Rivian Business Electric Vehicle Production, Value, Price and Gross Margin (2018-2023)
7.9.4 Rivian Main Business and Markets Served
7.9.5 Rivian Recent Developments/Updates
7.10 Lucid
7.10.1 Lucid Business Electric Vehicle Corporation Information
7.10.2 Lucid Business Electric Vehicle Product Portfolio
7.10.3 Lucid Business Electric Vehicle Production, Value, Price and Gross Margin (2018-2023)
7.10.4 Lucid Main Business and Markets Served
7.10.5 Lucid Recent Developments/Updates
7.11 BYD Auto
7.11.1 BYD Auto Business Electric Vehicle Corporation Information
7.11.2 BYD Auto Business Electric Vehicle Product Portfolio
7.11.3 BYD Auto Business Electric Vehicle Production, Value, Price and Gross Margin (2018-2023)
7.11.4 BYD Auto Main Business and Markets Served
7.11.5 BYD Auto Recent Developments/Updates
7.12 Daimler AG
7.12.1 Daimler AG Business Electric Vehicle Corporation Information
7.12.2 Daimler AG Business Electric Vehicle Product Portfolio
7.12.3 Daimler AG Business Electric Vehicle Production, Value, Price and Gross Margin (2018-2023)
7.12.4 Daimler AG Main Business and Markets Served
7.12.5 Daimler AG Recent Developments/Updates
7.13 Volkswagen
7.13.1 Volkswagen Business Electric Vehicle Corporation Information
7.13.2 Volkswagen Business Electric Vehicle Product Portfolio
7.13.3 Volkswagen Business Electric Vehicle Production, Value, Price and Gross Margin (2018-2023)
7.13.4 Volkswagen Main Business and Markets Served
7.13.5 Volkswagen Recent Developments/Updates
7.14 Honda Motor Company
7.14.1 Honda Motor Company Business Electric Vehicle Corporation Information
7.14.2 Honda Motor Company Business Electric Vehicle Product Portfolio
7.14.3 Honda Motor Company Business Electric Vehicle Production, Value, Price and Gross Margin (2018-2023)
7.14.4 Honda Motor Company Main Business and Markets Served
7.14.5 Honda Motor Company Recent Developments/Updates
7.15 Toyota Motor Corporation
7.15.1 Toyota Motor Corporation Business Electric Vehicle Corporation Information
7.15.2 Toyota Motor Corporation Business Electric Vehicle Product Portfolio
7.15.3 Toyota Motor Corporation Business Electric Vehicle Production, Value, Price and Gross Margin (2018-2023)
7.15.4 Toyota Motor Corporation Main Business and Markets Served
7.15.5 Toyota Motor Corporation Recent Developments/Updates
7.16 Zenith Motors
7.16.1 Zenith Motors Business Electric Vehicle Corporation Information
7.16.2 Zenith Motors Business Electric Vehicle Product Portfolio
7.16.3 Zenith Motors Business Electric Vehicle Production, Value, Price and Gross Margin (2018-2023)
7.16.4 Zenith Motors Main Business and Markets Served
7.16.5 Zenith Motors Recent Developments/Updates
7.17 Alke
7.17.1 Alke Business Electric Vehicle Corporation Information
7.17.2 Alke Business Electric Vehicle Product Portfolio
7.17.3 Alke Business Electric Vehicle Production, Value, Price and Gross Margin (2018-2023)
7.17.4 Alke Main Business and Markets Served
7.17.5 Alke Recent Developments/Updates
7.18 Volvo
7.18.1 Volvo Business Electric Vehicle Corporation Information
7.18.2 Volvo Business Electric Vehicle Product Portfolio
7.18.3 Volvo Business Electric Vehicle Production, Value, Price and Gross Margin (2018-2023)
7.18.4 Volvo Main Business and Markets Served
7.18.5 Volvo Recent Developments/Updates
7.19 Voltia A.S.
7.19.1 Voltia A.S. Business Electric Vehicle Corporation Information
7.19.2 Voltia A.S. Business Electric Vehicle Product Portfolio
7.19.3 Voltia A.S. Business Electric Vehicle Production, Value, Price and Gross Margin (2018-2023)
7.19.4 Voltia A.S. Main Business and Markets Served
7.19.5 Voltia A.S. Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Business Electric Vehicle Industry Chain Analysis
8.2 Business Electric Vehicle Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Business Electric Vehicle Production Mode & Process
8.4 Business Electric Vehicle Sales and Marketing
8.4.1 Business Electric Vehicle Sales Channels
8.4.2 Business Electric Vehicle Distributors
8.5 Business Electric Vehicle Customers
9 Business Electric Vehicle Market Dynamics
9.1 Business Electric Vehicle Industry Trends
9.2 Business Electric Vehicle Market Drivers
9.3 Business Electric Vehicle Market Challenges
9.4 Business Electric Vehicle Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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