France Electric Vehicles Market Introduction and Overview
According to SPER Market Research, the France Electric Vehicles Market is estimated to reach USD XX billion by 2033 with a CAGR of 13%.
The report includes an in-depth analysis of the France Electric Vehicles Market, including market size and trends, product mix, distribution channels, and supplier analysis. Unlike its gasoline-powered counterpart, an electric vehicle runs on electricity. Instead of an internal combustion engine, these vehicles are powered by an electric motor, which requires a constant supply of energy from batteries to function. In these vehicles, a variety of batteries are used. Lithium ion, molten salt, zinc-air, and various nickel-based designs are examples of these. The electric vehicle was created primarily to replace traditional modes of transportation that pollute the environment. Its popularity has grown as a result of numerous technological advancements. It outperforms conventional vehicles by offering better fuel economy, lower carbon emissions and maintenance, the convenience of charging at home, a smoother drive, and lower engine noise. Electric vehicles come in three varieties: batteries, hybrid electric vehicles, and plug-in hybrid electric vehicles.
- In September 2022, Uber teamed up with Free2Move and Stellantis to concentrate on the French electric vehicle market.
- In March 2022, Eramet and Suez came to a cooperative agreement to build an electric vehicle battery recycling facility by 2024.
Market Opportunities and Challenges
Opportunity: Growing demand in the transportation and automotive industries for electric vehicles. The need to expand the EV market and the infrastructure for charging them has been highlighted by the rise in the use of and demand for electric vehicles. Leading EV markets, including China, the US, and Germany, are making large investments in EVs and the infrastructure needed to charge them, as well as in R&D to create quicker and more effective charging techniques, longer-range EVs, and more affordable batteries. Automakers are anticipated to make large investments in order to meet the growing demand for electric vehicles.
Challenges: Compared to internal combustion engines, electric vehicles are more expensive. One of the main obstacles to EVs' widespread adoption has been their high manufacturing costs. The overall cost of buying electric hatchbacks, crossovers, or SUVs is predicted to drop to levels comparable to those of ICE vehicles due to anticipated reductions in battery prices and R&D expenses, which will increase demand for EVs. Because rechargeable lithium ion batteries are expensive and necessary for EVs, their cost is much higher than that of ICE vehicles. The cost of the batteries is heavily influenced by the cathode's price. This is due to the high cost of the materials used in these batteries, which include cobalt, nickel, lithium, and magnesium.
Market Competitive Landscape
The French market for electric vehicles is somewhat dispersed. Tesla Inc., Mercedes-Benz Group AG, Citroen International, Volkswagen AG, and Bayerische Motoren Werke are a few of the major players in this market, not in any particular order.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Propulsion Type, By Vehicle Type, By Charging Type
|
| Regions covered | Central Region, Southern Region, Northern Region
|
| Companies Covered | Bayerische Motoren Werke AG, Citroen International, Hyundai Motor Company, Kia Corporation, Mercedes-Benz Group AG, Renault Group, Tesla Inc, Volkswagen AG, Others |
COVID-19 Impact on France Electric Vehicles Market
The COVID-19 pandemic has negatively impacted both the electric vehicle market and the automobile sector as a whole. Furthermore, in the midst of a pandemic, numerous stakeholders are attempting to come up with novel ways to cope with the situation. One such strategy is the use of electric vehicles for medical supplies, as they offer reasonably priced transportation coupled with exceptional manoeuvrability.
Key Target Audience
- Consumers
- Automotive Manufacturers
- Government Entities
- Charging Infrastructure Providers
Our in-depth analysis of the France Electric Vehicles Market includes the following segments:
| By Propulsion Type: | Battery Electric VehiclesPlug-in- Hybrid Electric VehiclesOthers |
| By Vehicle Type: | Passenger CarsCommercial Vehicles |
| By Charging Type: | Normal ChargingFast Charging |
| By Region: | Eastern RegionWestern RegionNorthern RegionSouthern Region |
Key Topics Covered in the Report
- France Electric Vehicles Market Size (FY’2023-FY’2033)
- Overview of France Electric Vehicles Market
- Segmentation of France Electric Vehicles Market By Propulsion Type (Battery Electric Vehicles, Plug-in- Hybrid Electric Vehicles, Others)
- Segmentation of France Electric Vehicles Market By Vehicle Type (Passenger Cars, Commercial Vehicles)
- Segmentation of France Electric Vehicles Market By Charging Type (Normal Charging
- Fast Charging)
- Statistical Snap of France Electric Vehicles Market
- Expansion Analysis of France Electric Vehicles Market
- Problems and Obstacles in France Electric Vehicles Market
- Competitive Landscape in the France Electric Vehicles Market
- Impact of COVID-19 and Demonetization on France Electric Vehicles Market
- Details on Current Investment in France Electric Vehicles Market
- Competitive Analysis of France Electric Vehicles Market
- Prominent Players in the France Electric Vehicles Market
- SWOT Analysis of France Electric Vehicles Market
- France Electric Vehicles Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the France Electric Vehicles Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. France Electric Vehicles Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in France Electric Vehicles Market
7. France Electric Vehicles Market, By Propulsion Type (USD Million)
7.1. France Electric Vehicles Market Value Share and Forecast, By Propulsion Type, 2023-2033
7.2. Battery Electric Vehicles
7.3. Plug-in- Hybrid Electric Vehicles
7.4. Others
8. France Electric Vehicles Market, By Vehicle Type (USD Million)
8.1. France Electric Vehicles Market Value Share and Forecast, By Vehicle Type, 2023-2033
8.2. Passenger Cars
8.3. Commercial Vehicles
9. France Electric Vehicles Market, By Charging Type (USD Million)
9.1. France Electric Vehicles Market Value Share and Forecast, By Charging Type, 2023-2033
9.2. Normal Charging
9.3. Fast Charging
10. France Electric Vehicles Market Forecast, 2019-2033 (USD Million)
10.1. France Electric Vehicles Market Size and Market Share
11. France Electric Vehicles Market, By Propulsion Type, 2019-2033 (USD Million)
11.1. France Electric Vehicles Market Size and Market Share By Propulsion Type (2019-2026)
11.2. France Electric Vehicles Market Size and Market Share By Propulsion Type (2027-2033)
12. France Electric Vehicles Market, By Vehicle Type, 2019-2033 (USD Million)
12.1. France Electric Vehicles Market Size and Market Share By Vehicle Type (2019-2026)
12.2. France Electric Vehicles Market Size and Market Share By Vehicle Type (2027-2033)
13. France Electric Vehicles Market, By Charging Type, 2019-2033 (USD Million)
13.1. France Electric Vehicles Market Size and Market Share By Charging Type (2019-2026)
13.2. France Electric Vehicles Market Size and Market Share By Charging Type (2027-2033)
14. France Electric Vehicles Market, By Region, 2019-2033 (USD Million)
14.1. France Electric Vehicles Market Size and Market Share By Region (2019-2026)
14.2. France Electric Vehicles Market Size and Market Share By Region (2027-2033)
14.3. Eastern Region
14.4. Western Region
14.5. Northern Region
14.6. Southern Region
15. Company Profile
15.1. Bayerische Motoren Werke AG
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. Citroen International
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. Hyundai Motor Company
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. Kia Corporation
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. Mercedes-Benz Group AG
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. Renault Group
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. Tesla Inc
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. Volkswagen AG
15.8.1. Company details
15.8.2. Financial outlook
15.8.3. Product summary
15.8.4. Recent developments
15.9. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
