ALGERIA ELECTRIC VEHICLE MARKET

INTRODUCTION

 An electric motor replaces the internal combustion engine in all-electric vehicles, often known as battery electric vehicles (BEVs).

The preference for electric vehicles in Algeria is intended to lessen the carbon footprint of this North African nation, where more than 99% of all energy production and consumption, including in the electrical sector, is dependent on hydrocarbons.

ALGERIA ELECTRIC VEHICLE MARKET  SIZE AND FORECAST

The Algeria electric vehicle market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

NEW PRODUCT LAUNCH

For urban settings, a researcher at the renewable energy development center CDER in Algiers has created a prototype of a light-weight electric car. The car features two seats and two 1.2 kilowatt engines that give it the ability to go at a top speed of 40 km/h.

The automobile emits no carbon dioxide, and its creator claims that in the future, its power system will be updated to only use solar energy. The researcher's effort, which already resulted in a one-seater and three-wheeled solar-powered automobile, is continuing with the zero-emissions vehicle.

 Upgrade this vehicle to exclusively use solar power and to charge during the day.The National Institute of Industrial Property issued a patent to protect the electric vehicle prototype (Inapi). Two people, including the driver, can fit inside this 2.5-meter-long tiny electric car.

It weighs only 200 kilograms since the entire body is composed of aluminum, which makes it incredibly light. Under the hood, it contains two 1.7 horsepower engines. It provides a top speed of 40 km/h. This development of an electric vehicle occurs when the government announces a plan to encourage the import of electric vehicles.

COMPANY PROFILE

• Jiangsu Co., Ltd.
• Ningbo Dowedo International Trade Co.
• Piaggio Commercial SA (PTY) Ltd. 
• Terra Motors Corporation 
• Xianghe Qiangsheng Electric 
• East Yonsland Vehicle Manufacturing Co., Ltd. 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perAlgeria electric vehicle marketright now and how will it change in the next 5-6 years?
2. Average cost to set up an electricvehicle marketin Algeria ?
3. How manyAlgeria electric vehicle marketsare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aAlgeria electric vehicle marketand key vendor selection criteria
6. Where is theAlgeria electric vehicle market manufactured? What is the average margin per equipment?
7. Market share ofAlgeria electric vehicle marketmanufacturers and their upcoming products
8. The most important plannedAlgeria electric vehicle marketin next 2 years
9. Details on network of majorAlgeria electric vehicle marketand pricing plans
10. Cost advantage for OEMs who manufactureAlgeria electric vehicle marketin-house
11. 5 key predictions for next 5 years inAlgeria electric vehicle market
12. Average B-2-BAlgeria electric vehicle marketprice in all segments
13. Latest trends inAlgeria electric vehicle market, by every market segment
14. The market size (both volume and value) ofAlgeria electric vehicle marketin 2024-2030 and every year in between?
15. Global production breakup ofAlgeria electric vehicle market, by suppliers and their OEM relationship