Myanmar Electric Commercial Vehicle Market 2022-2027

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    MYANMAR ELECTRIC COMMERCIAL VEHICLE MARKET

     

    INTRODUCTION

     

    The job of electric motors is to convert energy stored in the battery system into movement, which then spins the wheels. In BEVs, electric motors are exclusively responsible for this, whereas in hybrids, actuators as well as internal combustion engines work together to power the wheels.

     

    HEVs and PHEVs use chemical energy from the battery and engine fuel, which is the only source of energy in BEVs. It is important to note that battery manufacturing alone may not result in considerable value-added capture. 

     

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    MYANMAR ELECTRIC COMMERICAL VEHICLE MARKET DEVELOPMENTS AND INNOVATIONS

     

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 Myanmar promotes production of hybrid electric cars Myanmar has started producing and selling alternative-fuel vehicles, including hybrid electric automobiles. Myanmar This would enhance better Technological Controls
    2 Govt to Boost Electric Car Market With 49 New Charging Stations The Industry Minister U Khin Maung Cho stated that the government will allow private enterprises who cooperate with it to set up and operate electric car charging stations. Myanmar This would enhance better Technological Controls
    3 Myanmar government launches new automotive policy to increase new cars on road A presidential decree has established a number of incentives for the rollout of e-mobility, with domestic content requirements gradually increasing. Myanmar This would enhance better Technological Controls
    4 Tata Motors delivers first batch of the Tigor Electric Vehicles to EESL The Tigor EV is a fully electric, zero-emission ‘StyleBack’ with a gorgeous, break-free, and futuristic design that will complement Tata Motors’ existing Passenger Vehicles lineup. Myanmar This would enhance better Technological Controls

     

    COMPETITIVE LANDSCAPE

     

    While developing countries, particularly China, have been intensively researched as EV buyers, research on their role as EV manufacturers is limited. One possible explanation for the paucity of research is that electric vehicle production is concentrated in carmakers’ home nations.

     

    Because electric vehicle technology is still in its early stages, there may be advantages to conducting EV production close to the headquarters of the original equipment manufacturer (OEM). This trend makes it less likely that electric vehicle manufacture will take place in poorer countries.

     

    KSDV is a leading mobiliser of the various explorer oriented electric vehicle manufacturer requirements in the market. On a single battery charge, this KSDV 1-NE2 electric car can travel up to 800 kilometers. It has a top speed of 80 kilometers per hour.

     

    The vehicle features an electronic charger engine machine with a capacity of 796 CC that may be utilized to swiftly recharge the battery using 92 gasoline while on the road. The battery in the KSDV1-NE2 model electric car is guaranteed for five years, and the factory will cover all mechanical defects for the duration of the warranty period.

     

    Toyota Myanmar has been one of the most advanced solution provider in the used car requirements. The Toyota FT-EV II is a model of clean transportation that runs entirely on electricity. The tiny design incorporates a small motor at the front and the batteries under the flooring, with a total body length of 2.7 meters (just under 9 feet).

     

    The cabin is surprisingly roomy for the vehicle’s size, and it can accommodate four adult passengers. It will ideally combine various energy sources and powertrains, as well as take into account various combinations of driving requirements.

     

    COMPANIES PROFILED

     

    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, 2022-2027
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2027
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2027
    21 Product installation rate by OEM, 2022
    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, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

     

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