Pune, India, June 2021, MRFR Press Release/Market Research Future has published a Half- Cooked Research Report on the Global New Energy Vehicle (NEV) Taxi Market.
Market Research Future published a raw research report on theglobal new energy vehicle (NEV) taxi marketthat contains the information from 2020–2027. The new energy vehicle (NEV) taxi marketis expected to grow at ~28% CAGR during the forecast period, 2021–2027.
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The new energy vehicle (NEV) taxi market is expected to grow at ~28% CAGR during the forecast period.
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In 2020, the hybrid electric vehiclesegment held the largest market share: MRFR
Based onvehicle type, the global new energy vehicle (NEV) taxi markethas been dividedintobattery electric vehicle, plug-in hybrid electric vehicle, and hybrid electric vehicle. The hybrid electric vehiclesegment held the largest market share in 2020 and is expected to grow at the fastest rate during the study perioddue to better fuel efficiency, more power, and reduced emissions.Additionally, modern hybrid electric vehicles use regenerative brakes, a type of efficiency-improving technology, which converts kinetic energy into electric energy for recharging the batteries,increasing the demand forhybrid electric vehiclesglobally. Hybrid electric vehicles (HEVs) turn off theirinternal combustion engines when they are idle and restart them when needed. Hence it helps to reduce idle emission. All these factors result in the hybrid electric vehicle segment holding a higher share of the global market.
Based on rangetype, the global new energy vehicle (NEV) taxi markethas been divided into intercity and intracity. The intracity segment held the largest market share in 2020 and is expected to grow at the faster rate during the study perioddue to the rising usage of intracity NEV taxis in urban city areas.
Thenew energy vehicle (NEV) taxi markethas beendivided, based onvehicle class,intohatchback, sedan, and utility vehicle.The hatchback segment is expected to hold the largestmarket share ofthe global new energy vehicle (NEV) taxi marketin 2020. It is projected to grow at the fastest rate over the forecast perioddue to demand surge for cost-effective electric vehicles, incentive programs, and other government supportive policies are likely to drive the growth of the hatchback segment.
Based on ownership type, the global new energy vehicle (NEV) taxi markethas been divided into company-owned and individually owned/private. The company ownedsegment held the largest market share in 2020 and is expected to grow at the faster rate over the study perioddue to the stringent government rules & regulationsimposed by the various governments related to the environment and CO2 emission and interest shown in NEV taxis by companies such as Ola, Lyft, and Uber.
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The key players operating in the Global New Energy Vehicle (NEV) Taxi Market are Tesla, Inc., BYD Company, Toyota Motor Corporation, Daimler AG, Beijing Automotive, Industry Holding Co. Ltd. (BAIC), Dongfeng Nissan Passenger Vehicle Company, Nissan Motor Corporation, Anhui, Jianghuai Automobile Co Ltd (JAC), Changan Automobile Co. Ltd, Beiqi Foton Motor Co. Ltd.
This research report provides insights into various levels of analysis, such as industry analysis and market share analysis for the leading industry competitors, along with their profiles. It also helps in studying the target segments by providing views on the emerging andhigh-growth segments. The market data comprises the basic assessment of the competitive scenarios and strategies in the Global New Energy Vehicle (NEV) Taxi Market, including high-growth regions and/or countries, and political and economic environments. The project report further provides historical market values and pricing andcost analysis