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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Electric cars are highly ecologically friendly since they consume little to no fossil fuels, have fewer moving components that need to be maintained, and have minimal operating expenses (petrol or diesel).
While some electric cars employ lead-acid or nickel-metal hydride batteries, lithium-ion batteries are currently thought to be the industry standard because of their longer lifespan, good energy retention, and low self-discharge rate of just 5% per month.
One of Europe's biggest markets for electric automobiles is the United Kingdom. Sales of electric vehicles have been rapidly expanding, and both battery-electric and plug-in hybrid vehicles may be found on UK roads because of rising customer demand, more electric models being available, and government backing.
The UK Electric Car Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
As the electric SUV solidifies its place as the most well-liked EV in the world, Tesla has introduced the Model Y in the United Kingdom and numerous other right-hand-drive markets.
The Model Y was once only intended to go on sale in Europe after Tesla began manufacturing at the Gigafactory Berlin. Tesla altered its mind, though, and began importing Model Y vehicles from the Shanghai Gigafactory into select European markets, albeit not yet the UK or any other right-hand-drive countries in Europe.
The EV&me app from Audi UK has been updated, and it can be downloaded for free from the Android and Apple app stores. Audi is making every effort to assist consumers in switching to greener driving.
More than half of the new vehicles introduced by Audi in the past year have been electric. By enabling users to compare valuable performance information, charging times, and operating costs between models, the new app is intended to assist customers in making the conversion to an all-electric or plug-in hybrid Audi.
| 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 |
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