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Last Updated: Apr 26, 2025 | Study Period: 2022-2030
An electric motor replaces the internal combustion engine in all-electric vehicles, often known as battery electric vehicles (BEVs). One of the most promising and rapidly expanding markets for electric vehicles in the area is Angola.
Many things, including labor availability, R&D initiatives, geographic advantage, and government assistance, support the vehicle sector in Angola. The country's sales of electric vehicles are expected to increase significantly due to the country's improving economy and rising household purchasing power.
The Angola electric vehicle market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
In Angola, Mercedes-Benz announced a partnership with Sila, a manufacturer of next-generation battery materials, to provide Sila's silicon anode chemistry as a battery option in the company's future electric G-Class.
As part of its research and development of cutting-edge batteries for the German luxury automobile manufacturer's upcoming electric vehicles, Mercedes-Benz had previously invested in Sila.
By using Sila's technology, it is claimed that energy density at the cell level can be increased by 20â40% compared to currently existing commercially available cells of a similar format, reaching more than 800 Wh/l.
Mercedes-Benz hopes that this significant advancement will allow it to store more energy in a smaller space, hence extending range and allowing future vehicles to travel farther on a single charge.
Mercedes-Benz will be Sila's first publicly acknowledged automotive client as it promises to use only renewable energy in its new Washington State factory to manufacture cutting-edge silicon anode materials. Both firms anticipate releasing the range-extended electric G-Class in the middle of the decade, equipped with the latest battery technology.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2022-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2030 |
21 | Product installation rate by OEM, 2022 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2022 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |