Asia-Pacific Electric Vehicle market is estimated to grow at a CAGR of over 21.0% during the forecast period (2019-2025). China, Japan, India, and South Korea are the major countries contributing significantly to the regional growth of the market. India is a very potential region in terms of EV industry growth. Tesla has already announced to enter the Indian electric vehicle industry.
In addition to this, around 26 upcoming electric cars Taycan, e-Tron, I-Pace, eKUV100, Model 3 will be launched in India in 2021-2023. Among these 26 upcoming cars, there are 2 luxury, 12 SUVs, 5 Sedans, 1 Hybrid, 10 Hatchbacks, and 1 Convertible. These expected launches of electric cars represent ample opportunity, which in turn will drive the Asia-Pacific electric vehicle industry in the near future.
Browse the full report description of "Asia-Pacific Electric Vehicle Market Size, Share & Trends Analysis Report By Vehicle Type (Commercial Vehicle, Passenger Cars, Two-Wheeler) by Propulsion Technology (Battery Electric Vehicle, Plug-in Hybrid Electric Vehicle) by Battery Type (NiMH, Li-ion, Other), and Forecast 2019-2025" at https://www.omrglobal.com/industry-reports/asia-pacific-electric-vehicle-market
Upcoming Electric Cars in India in 2021
Model |
Expected Price |
Expected Launch |
Porsche Taycan |
INR 1.8 Crore ($247,139) |
February 2021 |
Audi e-Tron |
INR 1.5 Crore ($205,949) |
February 2021 |
Jaguar I-Pace |
INR 1.2 Crore ($164,759) |
March 2021 |
Mahindra eKUV100 |
INR 8.25 Lakh ($11,327) |
March 2021 |
Tesla Model 3 |
INR 60 Lakh ($82,379) |
March 2021 |
Market Coverage
Key Questions Addressed by the Report
Asia-Pacific Electric Vehicle Market Report Segment
By Vehicle Type
By Propulsion Technology
By Battery Type
Asia-Pacific Electric Vehicle Market- Countries Covered