Electric Vehicles Market - Global Industry Size, Market Share, Trends, Analysis and Forecasts 2012 - 2018
In response to increasing demand of renewable energy powered vehicles that lowers the total cost of ownership, electrical vehicle is the solution provided by automobile industry. Electric vehicles represent a quantum shift in traditional transportation system. Some of the major challenges faced by this market are high battery costs, availability of electricity, Vehicle maintenance costs and new financial model for the electrical vehicles industry. This industry is expected to grow at CAGR of more than 18% over the period of...
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