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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
All emergency vehicles responding to an alert, including crash and rescue vehicles, fire engines, security or police cars, or any other vehicles with sirens or spinning lights that have been classified as emergency vehicles, must yield to postal vehicle drivers.
The Postal Service receives rebates for using the Voyager payment card for fuel expenditures related to the Postal vehicle fleet and HCR fleet, depending on the amount spent and the promptness of payments. State excise taxes on fuel purchases are recovered.
The fundamental distinction between a Postal employee operating a Postal vehicle and a Postal employee operating a personal car is that the Postal Service will not be liable for damage to the Postal employee's private vehicle.
The Global Electric Postal Delivery Vehicle market accountedfor $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The global market for electric vehicles (EVs) is expanding quickly. According to EV volumes, the total number of electric vehicles (including battery electric vehicles [BEVs] and Plug-in hybrid electric vehicles [PHEVs]) on the road increased from 4.2% in 2020 to 8.3% in 2021, with 6.75 million vehicles.
As of 2020, this represents an increase of 108%. As they contribute to lowering emissions and the depletion of natural resources, EVs are gaining popularity around the world. Because close to 0.32 million vehicles were sold in 2021, an increase of 168% YoY, the Indian EV sector is likewise developing quickly.
The Paris Agreement, which aims to reduce carbon emissions, improve the quality of the air in urban areas, and decrease oil imports, is the foundation for India's ongoing adoption of electric vehicles.
By 2030, the Indian automobile sector, which currently ranks fifth globally, is projected to overtake the United States as the largest. According to the India Energy Storage Alliance (IESA), the Indian EV market would grow at a CAGR of 36%.
Because India imports about 80% of its crude oil needs, dependency on conventional energy sources is not a viable choice as population growth and vehicle demand increase.
By 2030, NITI Aayog wants to see EV sales penetration for all commercial vehicles reach 70%, for private vehicles to reach 30%, for buses to reach 40%, and for two- and three-wheelers to reach 80%. The objective of achieving net zero carbon emissions by 2070 is consistent with this.
| 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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