- Get in Touch with Us
Last Updated: Apr 25, 2025 | Study Period: 2024-2030
The country's government wants to cut carbon emissions from transportation by 70% by 2030, and to achieve zero greenhouse gas emissions by 2045. To meet these goals, the country must increase its electric car fleet to 2.5 million units by 2030. As a result, the country will see a big push toward electric vehicles in the near future.
The government also provides significant incentives for electric vehicles. A $6,500 tax credit is available for the purchase of battery-electric automobiles and plug-in electric vehicles by a person or a corporation.
| S No | Overview of Development | Development Detailing | Region of Development | Possible Future Outcomes |
| 1 | Swedenâs Plugin EV Share Hits 56% In March | There were no major surprises in March, with Tesla hitting its customary end-of-quarter delivery high, with the Model Y currently comfortably ahead of the Model 3. | Sweden | This would enhance better Technological Controls |
| 2 | Polestar begins delivering on 65,000 electric vehicle partnership with Hertz | Polestar will supply 65,000 automobiles to the global car rental business over the next five years. | Sweden | This would enhance better Technological Controls |
| 3 | Evergrande's Swedish electric vehicle unit in sale talks | China Evergrande Group's Swedish electric vehicle unit is in talks with venture capital firms and industrial partners in the United States and Europe. | Sweden | This would enhance better Technological Controls |
| 4 | Volvo is testing wireless EV charging tech in Sweden | In a three-year trial, a modest fleet of electric Volvo XC40 Recharge cars will be utilised as taxis in Gothenburg, Sweden. | Sweden | This would enhance better Technological Controls |
Sweden intends to be fossil-fuel vehicle-free by 2030. More than 65 percent of Swedish electric vehicle drivers have easy access to charging stations, whether at home or at workplaces and other public locations.
Because of the widespread use of EV charging stations, drivers no longer have to worry about running out of gas. People may buy zero-emission vehicles without worrying about running out of charge and becoming stuck.
Scania is a leading mobiliser of the various explorer oriented electric vehicle manufacturer requirements in the market. The upgraded driveshaft, better batteries, speedier and much more effective recharging capacities, and 320 km range with a 40-tonne load and 230 km range with a 64-tonne maximum gross weight.
The comes with a three electric motor - driven powertrain also has plenty of optoelectronic PTO, ensuring regular and safe functioning of temperature-controlled transports or high-power applications like hook lifts. It features a 624 kWh (installed) and 468 kWh (usable) battery with a 75 percent SOC.
BYD Inc. is a leading mobiliser of the various explorer oriented electric vehicle manufacturer requirements in the market. The State-of-the-art batteries, controllers, and motors are among the BYD 8TT's fundamental technologies. BYD develops, tests, and manufactures these fundamental technologies as a complete system.
The BYD 8TT is able to reach the highest levels of performance, endurance, and dependability as a result of this. The BYD 8TT, when combined with BYD's superior battery chemistry, has more than enough energy to work for the full day while emitting zero emissions.
| 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 |
© 2017-2025 Mobility Foresights Pvt Ltd. All rights reserved.