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France electric vehicle market is expected to grow at a CAGR of 18.0% during the forecast period. Due to the COVID-19 pandemic, and lockdowns announced to control the spread of the pandemic, a negative effect on the overall industry was witnessed in the country in 2020. In the whole of 2020, the French vehicle sales declined by 25.5% YoY to 1.65 million as compared to 2.21 million units sold in 2019.
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Orion Market Research France Electric Vehicle Market Trends, Research Report, Growth Trends, Opportunities, Forecast to 2025 Request https://www.omrglobal.com/request-sample/france-electric-vehicle-market a free sample of our report on France Electric Vehicle Market: ------------------------------------------------------------------------------------ Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: anurag@omrglobal.com Contact no: +1 646-755-7667, +91 7803040404
France electric vehicle market is expected to grow at a CAGR of 18.0% during the forecast period. Due to the COVID-19 pandemic, and lockdowns announced to control the spread of the pandemic, a negative effect on the overall industry was witnessed in the country in 2020. In the whole of 2020, the French vehicle sales declined by 25.5% YoY to 1.65 million as compared to 2.21 million units sold in 2019. The volume is the lowest since 1975 for the country. The downfall was witnessed even after the incentive of around $9.7 was announced by the French government to support the automotive industry. However, in 2020, the electric vehicle has showcased a positive growth in the country. the HEV sales were increased by more than 58% in 2020 to 169,000. The share of HEV has increased to more than double to 10.3% in 2020 from 4.9% in 2019. Moreover, BEV showcased a growth of 160% in 2020, and volume reached nearly 111,000 and volume share from only 1.9% in 2019 to 6.7% in 2020. (Get 15% Discount on Buying this Report) A full report of France Electric Vehicle Market is available at: https://www.omrglobal.com/industry- reports/france-electric-vehicle-market Similar trends were followed by PHEV, where the growth of nearly 300% in volume to 74,600 was witnessed with a market share of 4.5% in 2020 as compared to 0.8% in 2019. A major factor for the growth in the EV sales volume was the government subsidies as the customers wanted to take advantage of the incentives on the new and attractive EV models. To learn more about this report request a sample copy @ https://www.omrglobal.com/request- sample/france-electric-vehicle-market Market Coverage The market number available for – 2019-2026 Base year- 2019 Forecast period- 2020-2026 Segment Covered- By Vehicle Type, By Propulsion Type, By Battery Type Competitive Landscape- Hyundai Motor Co., Nissan Motor Co., Tesla, Inc., Volkswagen AG, Renault SA Key Questions Addressed by the Report What is the market growth rate? Which segment dominates the market in the base year? Which segment will project the fastest growth in the market? How COVID-19 impacted the market?
Who is the leader in the market? How players are addressing challenges to sustain growth? Where is the investment opportunity? France Electric Vehicle Market Report Segment By Vehicle Type Commercial Vehicle Passenger Car Two-Wheeler By Propulsion Technology Battery Electric Vehicle Plug-in Hybrid Electric Vehicle By Battery Type NiMH Li-ion Others For more customized data, request for report customization @ https://www.omrglobal.com/report- customization/france-electric-vehicle-market Company Profiles BMW AG BYD Daimler AG Ford Motor Co. Kia Motors Corp. Mitsubishi Motors Corp. Nissan Motor Co. Renault Group Tesla, Inc. Volkswagen AG Volvo Group
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