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Electric Vehicles Market - Global Industry Size, Market Share, Trends, Analysis And Forecasts 2012 - 2018

Transparency Market Research
   
 In response to increasing demand of  renewable energy powered vehicles that lowers the total cost of  ownership, electrical vehicle is the solution provided by automobile  industry. Electric vehicles represent a quantum shift in traditional  transportation system. Some of the major challenges faced by this market  are high battery costs, availability of electricity, Vehicle  maintenance costs and new financial model for the electrical vehicles  industry. This industry is expected to grow at CAGR of more than 18%  over the period of 2012-2018. Among all the major segments, plug-in HEVs  segment of electrical vehicles industry will experience the maximum  growth, registering a CAGR of more than 80% followed by the hybrid  electric vehicles segment with a CAGR of 19% during...
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