Insights on the Netherlands Electric Vehicle Market to 2019 | Industry Statistics, Emerging Demands, Forecast to 2025
The Netherlands Electric Vehicle
(EV) market is estimated to grow at a CAGR of more than 18% during the forecast
period. The rising need to address future energy requirements is one of the
major factors to drive the growth of the market. The EV market is
emerging as an integral part of the automotive industry that provides a pathway
to achieve a higher level of energy efficiency with a reduced level of
pollutant emissions and other greenhouse gases. The Netherlands Electric
Vehicle (EV) market is estimated to grow at a CAGR of more than 18% during the
forecast period. The rising need to address future energy requirements is one
of the major factors to drive the growth of the market. The EV market is emerging
as an integral part of the automotive industry that provides a pathway to
achieve a higher level of energy efficiency with a reduced level of pollutant
emissions and other greenhouse gases. The growing government tax incentives
combined with other waivers such as free parking and charging in public places
work are some other aspects to fuel the market growth in the country.
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To increase the number of
charging stations in the country to accommodate the growing number of EVs the
Dutch government, local businesses, and educational institutions have entered a
partnership to follow the green deals approach. Dutch Living Lab Smart Charging
is among the highly considerable instances of public-private EV
partnerships in the Netherlands. Living Lab focuses majorly on finding a way to
charge EVs in a cost-effective and energy-efficient manner by the use of
renewable solar and wind energy. The growing public-private partnerships are
further fueling the market growth in the Netherlands. However, the high cost of
batteries and the low-range availability of electric vehicles are the key
restraints to the market growth in the country.
The market is segmented on the
basis of vehicle type, propulsion technology, and battery type. Based on
vehicle type, the market is sub-segmented into commercial vehicles, passenger
cars, and two-wheeler. Based on propulsion technology the market is
sub-segmented into battery electric vehicle, plug-in hybrid electric vehicle.
Based on Battery Type, the market is sub-segmented into NiMH, Li-Ion, and others.
Based on battery type, the Li-ion battery is anticipated to witness
considerable growth during the forecast period.
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Electric Vehicle Market Segmentation
By Vehicle Type
·
Commercial Vehicles
·
Passenger Cars
·
Two-Wheelers
By Propulsion Technology
·
Battery Electric Vehicles
·
Plug-in Hybrid Electric Vehicle
By Battery Type
·
NiMH
·
Li-Ion
·
Others
Company Profiles
·
Audi AG
·
BMW AG
·
Hyundai Motor Co.
·
Kia Motors Corp.
·
Mitsubishi Motors Corp.
·
Nissan Motor Co.
·
General Motors Co.
·
Renault Group
·
Tata Motors Ltd. (Jaguar)
·
Tesla, Inc.
·
Volkswagen AG
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