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According to a new report LAMEA Electric Vehicle Market, published by KBV research, the LAMEA Electric Vehicle Market would witness market growth of 26.2% CAGR during the forecast period (2019-2025).
The Brazil market dominated the LAMEA Plug-in Hybrid Electric Vehicle Market by Country 2018, growing at a CAGR of 32 % during the forecast period. The Argentina market is expected to witness a CAGR of 34% during (2019 - 2025). Additionally, The UAE market is expected to witness a CAGR of 33.9% during (2019 - 2025).
The Passenger Vehicles market dominated the LAMEA Electric Vehicle Market by Vehicle Type 2018, growing at a CAGR of 25.2 % during the forecast period. The Two-wheeler market is expected to witness a CAGR of 26.9% during (2019 - 2025).
The Hybrid Electric Vehicle market dominated the UAE Electric Vehicle Market by Type 2018, growing at a CAGR of 18.8 % during the forecast period. The Battery Electric Vehicle market is expected to witness a CAGR of 31% during (2019 - 2025). Additionally, The Plug-in Hybrid Electric Vehicle market is expected to witness highest CAGR of 33.9% during (2019 - 2025).
Full Report: https://www.kbvresearch.com/lamea-electric-vehicle-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Tesla, Inc., Volkswagen AG, Honda Motor Co. Ltd., BYD Company Limited, Volvo Group, BMW Group, Toyota Motor Corporation, Ford Motors Co. Ltd., Daimler AG and General Motors Co.
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