Table of Content

1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 13
1.2.6 Market Size/Share Estimation 14
1.2.7 Research Limitations 15
1.3 Executive Summary 16

2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.2 Major Growth Drivers 23
2.3 Market Restraints and Challenges 26
2.4 Emerging Opportunities and Market Trends 29
2.5 Porter’s Fiver Forces Analysis 32

3 Segmentation of Europe Market by Offering 36
3.1 Market Overview by Offering 36
3.2 Hardware 38
3.3 Software 39
3.4 Service 40

4 Segmentation of Europe Market by Propulsion Technology 41
4.1 Market Overview by Propulsion Technology 41
4.2 Battery Electric Vehicle (BEV) 44
4.3 Hybrid Electric Vehicle (HEV) 46
4.4 Plug-in Hybrid Electric Vehicle (PHEV) 48
4.5 Fuel Cell Electric Vehicle (FCEV) 50

5 Segmentation of Europe Market by Power Source 52
5.1 Market Overview by Power Source 52
5.2 Onboard Electricity Storage 55
5.3 Onboard Electricity Generation 57

6 Segmentation of Europe Market by Charging Level 59
6.1 Market Overview by Charging Level 59
6.2 Level 1 Charging 63
6.3 Level 2 Charging 65
6.4 Fast Charging 67

7 Segmentation of Europe Market by Vehicle Type 69
7.1 Market Overview by Vehicle Type 69
7.2 Passenger Cars 72
7.3 Commercial Vehicles 74
7.4 Two-Wheelers 76
7.5 Other Vehicle Types 78

8 European Market 2019-2030 by Country 80
8.1 Overview of European Market 80
8.2 Germany 83
8.3 UK 86
8.4 France 89
8.5 Norway 92
8.6 Netherlands 95
8.7 Rest of European Market 98

9 Competitive Landscape 100
9.1 Overview of Key Vendors 100
9.2 New Product Launch, Partnership, Investment, and M&A 104
9.3 Company Profiles 106
BMW Group 106
BYD Company Ltd. 108
Ford Motor Company 109
Geely-Volvo 110
General Motors Company 111
Honda Motors Co., Ltd. 112
Hyundai-Kia 113
LG Chem Ltd. 114
Mitsubishi Motors Corporation 115
Nissan Motor Corporation Ltd. 116
Panasonic Corporation 117
SAIC 118
Samsung SDI 119
Tesla Inc. 120
Toyota Motor Corporation 121
Volkswagen Group 122

10 Investing in Europe Market: Risk Assessment and Management 123
10.1 Risk Evaluation of Europe Market 123
10.2 Critical Success Factors (CSFs) 126
Related Reports and Products 129



List of Figures


Figure 1. Research Method Flow Chart 11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030 16
Figure 4. Europe Electric Vehicle Market, 2019-2030, $ bn 19
Figure 5. Europe Electric Vehicle Market, 2019-2030, million units 20
Figure 6. Average Selling Price of Electric Vehicles, 2019-2030, thousand USD/unit 20
Figure 7. Share of Electric Vehicle Sales in Total Car Sales in Worldwide Market, 2019-2030, % 22
Figure 8. Primary Drivers and Impact Factors of Europe Electric Vehicle Market 23
Figure 9. Primary Restraints and Impact Factors of Europe Electric Vehicle Market 26
Figure 10. Porter’s Fiver Forces Analysis of Europe Electric Vehicle Market 32
Figure 11. Breakdown of Europe Electric Vehicle Market by Offering, 2019-2030, % of Revenue 36
Figure 12. Contribution to Europe 2020-2030 Cumulative Revenue by Offering, Value ($ bn) and Share (%) 37
Figure 13. Europe Electric Vehicle Market: Hardware, 2019-2030, $ bn 38
Figure 14. Europe Electric Vehicle Market: Software, 2019-2030, $ bn 39
Figure 15. Europe Electric Vehicle Market: Service, 2019-2030, $ bn 40
Figure 16. Breakdown of Europe Electric Vehicle Market by Propulsion Technology, 2019-2030, % of Revenue 41
Figure 17. Breakdown of Europe Electric Vehicle Market by Propulsion Technology, 2019-2030, % of Sales Volume 42
Figure 18. Contribution to Europe 2020-2030 Cumulative Revenue by Propulsion Technology, Value ($ bn) and Share (%) 43
Figure 19. Contribution to Europe 2020-2030 Cumulative Revenue by Propulsion Technology, Volume (million units) and Share (%) 43
Figure 20. Europe Electric Vehicle Market: Battery Electric Vehicle (BEV), 2019-2030, $ bn 44
Figure 21. Europe Electric Vehicle Market: Battery Electric Vehicle (BEV), 2019-2030, million units 45
Figure 22. Europe Electric Vehicle Market: Hybrid Electric Vehicle (HEV), 2019-2030, $ bn 46
Figure 23. Europe Electric Vehicle Market: Hybrid Electric Vehicle (HEV), 2019-2030, million units 47
Figure 24. Europe Electric Vehicle Market: Plug-in Hybrid Electric Vehicle (PHEV), 2019-2030, $ bn 48
Figure 25. Europe Electric Vehicle Market: Plug-in Hybrid Electric Vehicle (PHEV), 2019-2030, million units 49
Figure 26. Plug-in Electric Vehicle Ownership Per Capita in Top Selling Countries, December 2018-2030, units per 1000 people 49
Figure 27. Europe Electric Vehicle Market: Fuel Cell Electric Vehicle (FCEV), 2019-2030, $ bn 50
Figure 28. Europe Electric Vehicle Market: Fuel Cell Electric Vehicle (FCEV), 2019-2030, million units 51
Figure 29. Breakdown of Europe Electric Vehicle Market by Power Source, 2019-2030, % of Revenue 52
Figure 30. Breakdown of Europe Electric Vehicle Market by Power Source, 2019-2030, % of Sales Volume 53
Figure 31. Contribution to Europe 2020-2030 Cumulative Revenue by Power Source, Value ($ bn) and Share (%) 54
Figure 32. Contribution to Europe 2020-2030 Cumulative Revenue by Power Source, Volume (million units) and Share (%) 54
Figure 33. Europe Electric Vehicle Market: Onboard Electricity Storage, 2019-2030, $ bn 55
Figure 34. Europe Electric Vehicle Market: Onboard Electricity Storage, 2019-2030, million units 56
Figure 35. Europe Electric Vehicle Market: Onboard Electricity Generation, 2019-2030, $ bn 57
Figure 36. Europe Electric Vehicle Market: Onboard Electricity Generation, 2019-2030, million units 58
Figure 37. Breakdown of Europe Electric Vehicle Market by Charging Level, 2019-2030, % of Revenue 60
Figure 38. Breakdown of Europe Electric Vehicle Market by Charging Level, 2019-2030, % of Sales Volume 61
Figure 39. Contribution to Europe 2020-2030 Cumulative Revenue by Charging Level, Value ($ bn) and Share (%) 62
Figure 40. Contribution to Europe 2020-2030 Cumulative Revenue by Charging Level, Volume (million units) and Share (%) 62
Figure 41. Europe Electric Vehicle Market: Level 1 Charging, 2019-2030, $ bn 63
Figure 42. Europe Electric Vehicle Market: Level 1 Charging, 2019-2030, million units 64
Figure 43. Europe Electric Vehicle Market: Level 2 Charging, 2019-2030, $ bn 65
Figure 44. Europe Electric Vehicle Market: Level 2 Charging, 2019-2030, million units 66
Figure 45. Europe Electric Vehicle Market: Fast Charging, 2019-2030, $ bn 67
Figure 46. Europe Electric Vehicle Market: Fast Charging, 2019-2030, million units 68
Figure 47. Breakdown of Europe Electric Vehicle Market by Vehicle Type, 2019-2030, % of Revenue 69
Figure 48. Breakdown of Europe Electric Vehicle Market by Vehicle Type, 2019-2030, % of Sales Volume 70
Figure 49. Contribution to Europe 2020-2030 Cumulative Revenue by Vehicle Type, Value ($ bn) and Share (%) 71
Figure 50. Contribution to Europe 2020-2030 Cumulative Revenue by Vehicle Type, Volume (million units) and Share (%) 71
Figure 51. Europe Electric Vehicle Market: Passenger Cars, 2019-2030, $ bn 72
Figure 52. Europe Electric Vehicle Market: Passenger Cars, 2019-2030, million units 73
Figure 53. Europe Electric Vehicle Market: Commercial Vehicles, 2019-2030, $ bn 74
Figure 54. Europe Electric Vehicle Market: Commercial Vehicles, 2019-2030, million units 75
Figure 55. Europe Electric Vehicle Market: Two-Wheelers, 2019-2030, $ bn 76
Figure 56. Europe Electric Vehicle Market: Two-Wheelers, 2019-2030, million units 77
Figure 57. Europe Electric Vehicle Market: Other Vehicle Types, 2019-2030, $ bn 78
Figure 58. Europe Electric Vehicle Market: Other Vehicle Types, 2019-2030, million units 79
Figure 59. Breakdown of European Electric Vehicle Market by Country, 2019 and 2030, % of Revenue 81
Figure 60. Contribution to Europe 2020-2030 Cumulative Revenue by Country, Value ($ bn) and Share (%) 82
Figure 61. Electric Vehicle Market in Germany, 2019-2030, $ bn 83
Figure 62. Electric Vehicle Market in Germany, 2019-2030, thousand units 84
Figure 63. Electric Vehicle Market in UK, 2019-2030, $ bn 86
Figure 64. Electric Vehicle Market in UK, 2019-2030, thousand units 87
Figure 65. Electric Vehicle Market in France, 2019-2030, $ bn 89
Figure 66. Electric Vehicle Market in France, 2019-2030, thousand units 90
Figure 67. Electric Vehicle Market in Norway, 2019-2030, $ bn 92
Figure 68. Electric Vehicle Market in Norway, 2019-2030, thousand units 93
Figure 69. Electric Vehicle Market in Netherlands, 2019-2030, $ bn 95
Figure 70. Electric Vehicle Market in Netherlands, 2019-2030, thousand units 96
Figure 71. Electric Vehicle Market in Rest of Europe, 2019-2030, $ bn 98
Figure 72. Growth Stage of Europe Electric Vehicle Industry over the Forecast Period 100


List of Tables


Table 1. Snapshot of Europe Electric Vehicle Market, 2019-2030 17
Table 2. Milestones of Electric Vehicle Development, 1996-2019 21
Table 3. Main Product Trends and Market Opportunities in Europe Electric Vehicle Market 29
Table 4. Europe Electric Vehicle Market by Offering, 2019-2030, $ bn 36
Table 5. Europe Electric Vehicle Market by Component, 2019-2030, $ bn 38
Table 6. Europe Electric Vehicle Market by Propulsion Technology, 2019-2030, $ bn 41
Table 7. Europe Electric Vehicle Market by Propulsion Technology, 2019-2030, million units 42
Table 8. Europe Electric Vehicle Market by Power Source, 2019-2030, $ bn 52
Table 9. Europe Electric Vehicle Market by Power Source, 2019-2030, million units 53
Table 10. Characteristics of Charging Levels as Defined by the SAE and Charging Modes as Defined by the IEC 59
Table 11. Europe Electric Vehicle Market by Charging Level, 2019-2030, $ bn 60
Table 12. Europe Electric Vehicle Market by Charging Level, 2019-2030, million units 61
Table 13. Europe Electric Vehicle Market by Vehicle Type, 2019-2030, $ bn 69
Table 14. Europe Electric Vehicle Market by Vehicle Type, 2019-2030, million units 70
Table 15. Europe Commercial Electric Vehicle Market by Vehicle Type, 2019-2030, $ bn 74
Table 16. Europe Electric Vehicle Market by Country, 2019-2030, $ bn 82
Table 17. Germany Electric Vehicle Market by Propulsion Technology, 2019-2030, $ bn 85
Table 18. Germany Electric Vehicle Market by Charging Level, 2019-2030, $ bn 85
Table 19. Germany Electric Vehicle Market by Vehicle Type, 2019-2030, $ bn 85
Table 20. UK Electric Vehicle Market by Propulsion Technology, 2019-2030, $ bn 88
Table 21. UK Electric Vehicle Market by Charging Level, 2019-2030, $ bn 88
Table 22. UK Electric Vehicle Market by Vehicle Type, 2019-2030, $ bn 88
Table 23. France Electric Vehicle Market by Propulsion Technology, 2019-2030, $ bn 91
Table 24. France Electric Vehicle Market by Charging Level, 2019-2030, $ bn 91
Table 25. France Electric Vehicle Market by Vehicle Type, 2019-2030, $ bn 91
Table 26. Norway Electric Vehicle Market by Propulsion Technology, 2019-2030, $ bn 94
Table 27. Norway Electric Vehicle Market by Charging Level, 2019-2030, $ bn 94
Table 28. Norway Electric Vehicle Market by Vehicle Type, 2019-2030, $ bn 94
Table 29. Netherlands Electric Vehicle Market by Propulsion Technology, 2019-2030, $ bn 97
Table 30. Netherlands Electric Vehicle Market by Charging Level, 2019-2030, $ bn 97
Table 31. Netherlands Electric Vehicle Market by Vehicle Type, 2019-2030, $ bn 97
Table 32. Electric Vehicle Market in Rest of Europe by Country, 2019-2030, $ bn 99
Table 33. Breakdown of Europe Market by Automaker, 2019, % 102
Table 34. Breakdown of Europe Market by Battery Supplier, 2019, % 102
Table 35. BMW Group: Company Snapshot 106
Table 36. BMW Group: Business Segmentation 106
Table 37. BMW Group: Product Portfolio 107
Table 38. BMW Group: Revenue, 2016-2018, $ bn 107
Table 39. BMW Group: Recent Developments 107
Table 40. Risk Evaluation for Investing in Europe Market, 2019-2030 124
Table 41. Critical Success Factors and Key Takeaways 127