MYANMAR ELECTRIC CAR MARKET
INTRODUCTION
Myanmar has started producing and selling new-energy vehicles, including hybrid electric automobiles, in order to cut carbon emissions and safeguard the environment. Following the country’s economic and political reforms, demand in Myanmar is predicted to skyrocket.
MYANMAR ELECTRIC CAR MARKET SIZE AND FORECAST
The Myanmar Electric Car Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
NEW PRODUCT LAUNCH
The KSDV1-NE2 Model, a Chinese high-tech electric automobile, was erected in Thadukan industrial zone, Shwepyitha Township, Yangon Region, as a symbol of Myanmar-China friendship.
Those autos will be sold in Yangon.The first electric automobiles manufactured in Myanmar with technology from the People’s Republic of China are intended to be accessible to Myanmar citizens. An electric car’s battery can be simply recharged wherever electricity is available.
A fully automated system could charge the car battery. It also has the potential to lower the cost of fuel oil. There is no sound or smoke coming from the vehicle. As a result, the environment has been conserved.
On a single charge, the KSDV1-NE2 electric car can travel up to 800 kilometres. It has a top speed of 80 kilometres per hour and can seat up to five persons.
The car is equipped with an electronic charger engine machine with a capacity of 796 CC, which may be utilised to swiftly replenish the battery using gasoline while on the road. A Yangon licence number is assigned to these hybrid electric vehicles (KSDV1-NE2).
Nissan Motor Co., Ltd. has announced that, in collaboration with Tan Chong Motor Group, it will begin building new automobiles in Myanmar this year. Plans for a new manufacturing facility in the Bago region of the country are on track.
Nissan was the first company to introduce a zero-emission vehicle, the Nissan LEAF, and it continues to be a leader in this field. The LEAF, the world’s first mass-market pure-electric vehicle, is now one of the best-selling EVs ever.
COMPANY PROFILE
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
- What is the average cost per Myanmar Electric Car Market right now and how will it change in the next 5-6 years?
- Average cost to set up an Electric Car Market in Myanmar?
- How many Myanmar Electric Car Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
- What is happening in the overall public, globally?
- Cost breakup of a Myanmar Electric Car Market and key vendor selection criteria
- Where is the Myanmar Electric Car Market manufactured? What is the average margin per equipment?
- Market share of Myanmar Electric Car Market manufacturers and their upcoming products
- The most important planned Myanmar Electric Car Market in next 2 years
- Details on network of major Myanmar Electric Car Market and pricing plans
- Cost advantage for OEMs who manufacture Myanmar Electric Car Market in-house
- 5 key predictions for next 5 years in Myanmar Electric Car Market
- Average B-2-B Myanmar Electric Car Market price in all segments
- Latest trends in Myanmar Electric Car Market, by every market segment
- The market size (both volume and value) of Myanmar Electric Car Market in 2022-2027 and every year in between?
- Global production breakup of Myanmar Electric Car Market, by suppliers and their OEM relationship
