GRENADA ELECTRIC VEHICLE MARKET

INTRODUCTION

The Caribbean has been advised to "get started on the Regional Electric Vehicle Strategy" as major car manufacturers seek to expand the range of electric vehicle options available to drivers.

people attended a recent virtual meeting between the Energy Unit of the CARICOM Secretariat and the Caribbean Centre for Renewable Energy and Energy Efficiency (CCREEE), where they talked about innovation opportunities and the reality in the Caribbean.

A form of transportation that runs on electricity is known as an electric vehicle (EV).

Electric cars and trucks use an electric motor that is powered by electricity from batteries or a fuel cell, as opposed to traditional vehicles that use a gasoline (petrol) or diesel-powered engine.

GRENADA ELECTRIC VEHICLE MARKET SIZE AND FORECAST

The Grenada 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.

MARKET DYNAMICS

Stakeholders in the energy and transportation sectors were charged not to wait until a comprehensive plan is available and perfect conditions are available in order to get started on the Regional Electric Vehicle Strategy.

When choosing between purchasing an internal combustible engine vehicle and an electric vehicle, participants cited cost as the most important consideration, calling for regional coordination in the strategy's development.

The Grenada government stated that it was "finalizing plans" to implement a ban on the importation of vehicles older than ten years "while simultaneously implementing a  duty and tax concession on the importation of electric and hybrid vehicles.

" This was in reference to initiatives that "protect the environment." The duty and tax concession "is not yet published," 

COMPANY PROFILE

• Audi
• Toyota 
• Volkswagen
• Honda
• Tata motors 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perGrenada Electric Vehicle Marketright now and how will it change in the next 5-6 years?
2. Average cost to set up anElectric Vehicle Market inGrenada?
3. How manyGrenada Electric Vehicle Marketare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aGrenada Electric Vehicle Marketand key vendor selection criteria
6. Where is theGrenada Electric Vehicle Marketmanufactured? What is the average margin per equipment?
7. Market share ofGrenada Electric Vehicle Marketmanufacturers and their upcoming products
8. The most important plannedGrenada Electric Vehicle Marketin next 2 years
9. Details on network of majorGrenada Electric Vehicle Marketand pricing plans
10. Cost advantage for OEMs who manufactureGrenada Electric Vehicle Marketin-house
11. 5 key predictions for next 5 years inTitle Name
12. Average B-2-BGrenada Electric Vehicle Marketprice in all segments
13. Latest trends inTitle Name, by every market segment
14. The market size (both volume and value) ofGrenada Electric Vehicle Marketin 2022-2030 and every year in between?
15. Global production breakup ofGrenada Electric Vehicle Market, by suppliers and their OEM relationship