MarketLine Blog

Posts tagged to Electric Cars

Nissan $9.5bn China investment: Scale of spending required to stay relevant in world’s largest car market

MarketLine

Whilst Nissan is not regarded as being a member of the top-tier car manufacturers – the likes of Volkswagen Group and Mercedes Benz are much larger – that has not stopped the company from pumping $9.5bn into car manufacturing in China. Such investments are now essential, particularly for the less popular global brands. The move represents significant ambition from the Japanese car maker: Toyota, recently the second largest player in the Chinese market, is declining in China and an opportunity exists for Nissan to climb up the hierarchy. Large investments… Read more

Governments to ban the sale of petrol and diesel cars: Regular fueled vehicles not to be sold from 2040 onwards

MarketLine

Following recent announcements to ban the sale of regular fueled (Petrol & Diesel) vehicles (RFVs) in France by 2040, the UK’s Secretary of State for Environment, Food and Rural Affairs has announced plans to achieve the same goal by the same date. The UK has become heavily polluted over the years, especially in some areas in London such as Brixton, where levels of pollution are borderline illegal. There has been a greater push for the use of electric vehicles (EVs) over recent years, through financial incentives which aim to drive… Read more

Europe will overtake the US in the electric and hybrid cars market, says MarketLine

MarketLine

The hybrid and electric cars market has seen strong growth globally as countries work to meet ambitious CO2 targets, rising at a compound annual growth rate (CAGR) of 12.6%. Scandinavian countries such as Sweden will enjoy exceptional growth forecast growth of 27.9% between 2016 and 2021, according to research firm MarketLine. The company’s latest report, however, states that the level of growth varies significantly between countries. Despite the fact that the US and Asia-Pacific have been leading the charge in the hybrid and electric cars market for the last five… Read more