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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Due to Austria's robust automotive supply sector, the development and manufacture of battery cells, modules, and packs as well as electric vehicles are of highest importance.
As a result, the Austrian National Battery Initiative was established by the Federal Ministry for Climate Action, Environment, Energy, Mobility, Innovation and Technology (BMK) in close collaboration with business and academia.
Despite the uneven distribution of electric vehicles, consumers appear to be purchasing an increasing number of these vehicles, steadily raising their share in the nation's fleet.
In Austria, there are two thirds of passenger cars that are registered to businesses or other legal entities. According to the Federal Environment Agency in Austria, the average CO2-intensiveness of electric vehicles is lower than that of their counterparts powered by fossil fuels. Battery manufacture is included in this number. Additionally, if an electric vehicle is powered by renewable energy, the percentage rises.
The Austria 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.
BMW will make an investment in Austrian electric vehicles. BMW, a German automaker, said that it would spend a significant amount of money building an Austrian factory to produce electric automobiles.
The investment plan is that the Steyr factory. According to BMW's production chief, the company will "create and produce the next generation of e-drive" at the Austrian facility.
Two new production lines will be added as part of the facility renovation, and the area will be increased by 60,000 square metres.
Huge sums of money would need to be invested in the new facilities, and millions would go toward accelerating Steyr's vehicle development.The site's 4,400 employees would work on "e-mobility" to a degree of about half.
An Austrian business called Kreisel Electric is focused on the design and manufacture of electric car parts such as batteries, motors, and power electronics. Kreisel Electric has created its own electric car prototypes as well as parts for other businesses. The EVEX 910e, an electric vehicle based on the Porsche 910 race car, is one of the most prominent vehicles created by Kreisel Electric.
The EVEX 910e combines cutting-edge electric drivetrain technology with a retro-inspired appearance. It has a range of up to 350 km on a single charge and is powered by a 53 kWh battery pack.
One of the quickest electric vehicles on the market, the vehicle accelerates from 0 to 100 km/h in about 2.5 seconds. The electric conversion for the Hummer H1 is another item offered by Kreisel Electric. A gas-guzzling Hummer H1 was turned into an all-electric car with a 300 km range by the business.
Two electric motors that together produce 360 kW (483 horsepower) and 1300 Nm of torque power the electric Hummer. In addition, Kreisel Electric has created electric drivetrains for a number of different automobiles, including an electric boat and a Mercedes G-Class SUV that has been modified. In general, Kreisel Electric's products show off its proficiency in creating cutting-edge parts and systems for electric vehicles.
The J1 electric motorbike is the flagship model of Austrian manufacturer Johammer, which also makes several interesting-looking electric motorcycles. The J1 stands out from other bikes on the market because of its unique appearance. The bike boasts a sleek, modern appearance thanks to its circular headlamp and integrated rearview mirrors.
A strong electric motor that offers swift acceleration and a peak speed of around 120 km/h is also included with the J1. The bike's effective battery pack allows it to travel up to 200 kilometers on a single charge. A conventional wall plug can fully charge the battery in about 3.5 hours, and a fast charger may do it in as little as 80 minutes.
The J1's LCD dashboard, which presents data like speed, battery life, and range in an intuitive manner, is one of its special characteristics. The bike also incorporates regenerative braking, which increases its range by recharging the battery with energy produced when braking.
The Johammer J1 electric motorbike is a cutting-edge and fashionable example of the possibilities of electric transportation. It may not be as well-known as some of the other electric cars on the market, but it has developed a following among those who value its unique appearance and environmentally friendly operation.
An Italian firm called Tecnam makes light aircraft, notably electric aircraft, through a subsidiary in Austria. The P-Volt series, which consists of the P2006T and the P2010 variants, is their range of electric aircraft. A single charge will allow the four-seat, twin-engine P2006T aircraft to fly for up to an hour. It can go up to 215 nautical miles at its top speed of 130 mph.
The P2006T is intended for use in transit, surveillance, and pilot training. The P2010, on the other hand, is a single-engine, four-seater aircraft that has a three-hour maximum range. It can travel 370 nautical miles at its maximum range while traveling at a speed of 150 knots. The P2010 is intended for both business and leisure travel.
Both aircraft variants are powered by electric motors and batteries and are intended to be more economical and ecologically benign than conventional aircraft that use fossil fuels. They can make flying more comfortable because they are also quieter and vibrate less. Overall, the Tecnam P-Volt series is a promising advancement in electric aviation and may help pave the way for future air travel that is more environmentally friendly.
| 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, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 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, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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