The UK battery electric vehicle market is projected to grow at a significant CAGR of more than 22.0% during the forecast period (2019-2025). The government policies and rising demand for electric vehicles are the key factors propelling the growth of the market. The UK government is planning to have a zero-emission country in which it will put bans on petrol and diesel cars by 2030 and replace them with new battery-electric vehicles by 2035. The favorable government policies will significantly drive the UK battery electric vehicle industry.
Browse the full report description of "US Battery Electric Vehicle (BEV) Market Size, Share & Trends Analysis Report by Vehicle Type (Commercial Vehicle, Passenger Car, and Others), by Battery Type (NiMH, Li-ion, and Others), and Forecast 2019-2025" at https://www.omrglobal.com/industry-reports/uk-battery-electric-vehicle-bev-market
However, the recent COVID-19 outbreak has impacted the UK battery electric vehicle market negatively. For instance, as per the Society of Motor Manufacturers and Traders (SMMT), there were around 1.63 million cars sold in the UK in 2020 which is around 0.6 million fewer cars sold than that in 2019. However, the industry is expected to see growth in the future sales of battery electric vehicles in the country as the economy is gradually gaining traction after the COVID-19 pandemic.
Market Coverage
Key Questions Addressed by the Report
UK Battery Electric Vehicle Market Report Segment
By Vehicle Type
By Battery Type
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