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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
All-electric cars lack an internal combustion engine in favour of an electric motor. The vehicle's electric engine is powered by a sizable traction battery pack, which must be plugged into a charging station or wall outlet to be charged.
Finding charging stations, waiting periods, greater starting expenses, a shorter driving range, and potentially pricey battery pack replacements are some of these drawbacks.
The only source of electricity for electric models is their batteries.
In truth, electric automobiles are much better equipped to withstand prolonged periods of inactivity than combustion-powered vehicles, whose 12V batteries may lose charge and whose fluids and radiator hoses may deteriorate.
The Estonia Electric car 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.
A new generation self-driving electric shuttle called MiCa has been introduced by the Estonian IT company Auve Tech.
According to Auve Tech, these international partnership initiatives have helped create breakthroughs in both software and hardware.
Auve Tech's autonomous vehicles have been transporting passengers in 12 different nations.Additionally, Estonia, where the company is situated, has tested it.
In order to see farther than the previous generation and give a 360-degree view of its surroundings, MiCa has seven LiDAR sensors and ten cameras.
Additionally, to ensure reliability in all circumstances, the number of vital systems on board has been doubled, reducing the possibility of errors.
The weather in Estonia permits testing the cars in a range of conditions, from intense rain to deep snow, giving MiCa a distinct competitive advantage.
Furthermore, MiCa may be used in warmer climates because to its robust air conditioning system.
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 |