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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
Electric vehicles are propelled by electricity and are fitted with advanced electric vehicle engine components and high-energy-density Li-ion batteries. The administration is also offering monetary incentives, such as registration fees that range from zero to a few dollars and exemptions from import tax, purchase tax, and vehicle tax.
Apart from subsidies, the French government has announced plans to offer some of the most generous incentives of any country to buy an electric vehicle. Demand for fuel-efficient and low-emission vehicles is increasing across the globe.
| S No | Overview of Development | Development Detailing | Region of Development | Possible Future Outcomes |
| 1 | France extends EV incentives until July 2022 | Buyers can still earn a 6,000-euro bonus, with plug-in hybrids getting 1,000 euros. | France | This would enhance better Technological Controls |
| 2 | France postpones EV subsidy reduction | The French government has decided to keep the present level of subsidies for electric cars and plug-in hybrids until July 1, 2022. | France | This would enhance better Technological Controls |
| 3 | France To Throw â¬4 Billion To Regain Europeâs EV Leadership | The French automobile industry will get â¬4 billion of France's â¬30 billion strategy to rebuild the country's ailing industrial economy. | France | This would enhance better Technological Controls |
| 4 | Daimler AG is planning to bring more than ten different electric vehicles by 2022. | The business plans to spend roughly 10 billion euros on the expansion of its EQ car lineup. In Europe and the United States, the corporation has ambitious aspirations to launch smart versions with battery-electric drive by 2020. | France | This would enhance better Technological Controls |
The Administration's coordinated plans and measures to promote the growth of the electric vehicle sector in France. France is a member of the EV30@30 Campaign, which aims to accelerate the adoption of electric vehicles. It establishes a common aspirational objective.
The French government stated in 2018 that new cars generating greenhouse emissions will be banned from the market by 2040. Furthermore, the French government declared that by 2022, it plans to have a fleet of 1 million BEVs and PHEVs.
Volvo Inc. is a leading mobiliser of the various explorer oriented electric vehicle manufacturer requirements in the market. The Volvo FH Electric offers outstanding comfort and a clear perspective of the road ahead. A smooth and strong driving experience is provided by two or three electric motors paired with an I-Shift gearbox designed for electro mobility.
A special traction control system, which was also built to master slippery conditions, manages the tremendous power of up to 490 kW/666 hp. Different drive modes can be used to achieve the desired levels of performance, comfort, and energy consumption.
GM has been one of the most advanced solution provider in the EV car requirements. BrightDrop was presented by GM in January in an attempt to capture a piece of the expanding electric delivery vehicle market in order to better compete with Ford Motor Co and other companies like Rivian Automotive Inc.
The remaining 5,400 are for the BrightDrop's full-size delivery van EV600 and its medium-sized delivery van EV410. Verizon Communications Inc has already signed on as a customer for the EV410.
| 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, 2023-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
| 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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