DUBLIN, Sept. 1, 2021 /PRNewswire/ — The “South Korean Electric Vehicle Growth Opportunities” report has been added to ResearchAndMarkets.com’s offering.
The analysis provides us an in depth analysis of the EV market state of affairs with charts based on annual product sales (anchored in 2020) along with historic product sales. PEVs and HEVs have separate sections.
Automotive commerce is shortly evolving by means of experience along with tackling environmental factors. Electrical cars (EVs) have been launched as a transparent energy initiative ensuing from low or zero emissions and have come an prolonged choice to vary into an integral part of OEMs’ enterprise strategies.
Automakers are creating separate EV enterprise objects to be prepared for the anticipated EV enhance ultimately. However, the surge in EV demand will create an unlimited need for charging infrastructure, safety legal guidelines, and new necessities.
South Korea is a curious market considering the experience administration in battery manufacturing and sturdy EV product sales (exports) in Europe, whatever the home market lagging considerably behind Europe, China and US. Hybrids have achieved successfully in South Korea suggesting an enthusiasm for numerous gasoline cars and environmental points. In line with most of the people, principal elements for gradual EV adoption are low EV differ and lack of charging infrastructure.
2020 is an important yr as PEVs had their highest annual product sales ever whereas EV (PEVs and HEVs) market penetration surpassed 10% for the first time. The federal authorities made giant strides in rising the charging infrastructure along with a renewed cope with rising EV penetration whereas adopting stricter emission insurance coverage insurance policies very like Europe.
Hyundai-Kia will seemingly be launching its first EVs based on the mannequin’s new pure electrical E-GMP platform with state-of-the-art specs. Battery producers, much like LG Chem, Samsung SDI, and SK Improvements have entered into an arms race to consolidate long-term present contracts, raw supplies present, R&D for improved batteries, chemistries, recycling, and completely different key partnerships as they brace themselves for the inevitable battery enhance.
Information is compiled and launched inside the kind of:
- Historic annual product sales, month-to-month product sales for 2020, and market penetration along with YoY growth from 2010 to 2020
- Market share by EV type, and product sales share of each EV type for the best 5 highest selling OEMS since 2010
- Prime 10 fashions for 2020 along with historic prime 10 fashions for PEVs and HEVs
- Charging station infrastructure data
- Detailed regional incentives, regional conditions (drivers and restraints)
- Battery producer profiles
- Hyundai-Kia profile
- Key EV-centric start-ups throughout the space
Key Points Addressed
- How has the EV market progressed from 2010?
- What’s the most well liked EV type, vehicle model, OEM, and vehicle section yr on yr and cumulatively?
- What are the market shares for PHEVs, BEVs, FHEVs, and MHEVs, and the way in which has their growth growth been since 2010?
- That are the quickest rising OEMs, and which fashions have disrupted product sales traits or uncovered demand on the market?
- That are the essential factor contributors in EV commerce, and what are their plans for the speedy future (subsequent 1 to 2 years)?
- That are the quite a few EV start-ups throughout the space, and what sectors they’re specializing in?
- What’s the current regional state of affairs by means of incentives, drivers, and restraints?
- What are the enlargement alternate options?
- The report moreover offers the enlargement alternate options to behave on and the urged actions.
Key Matters Coated:
1. Strategic Imperatives
- Why Is It More and extra Tough to Develop?
- The Strategic Crucial
- Influence of Prime Three Strategic Imperatives on South Korean Electrical Automobiles
- Development Alternatives Gas the Development Pipeline Engine
- Electrical Automobile (EV) Propulsion Sorts
- Key Rivals in South Korea’s EV Market
- South Korean EV and Hybrid Market Overview
2. Development Atmosphere
- South Korea – Key Takeaways
- South Korea – Key Development Metrics
- Historic PEV and HEV Gross gross sales, South Korea 2010-2020
- Historic Cumulative EV Gross gross sales, South Korea, 2010-2020
- Prime Promoting PEV Fashions, South Korea 2010-2020
- Prime Promoting HEV Fashions, South Korea 2010-2020
- South Korea EV Market Snapshot, 2020
- Market Share by Propulsion Sort
3. PEV Market – BEVs & PHEVs
- Historic PEV Gross gross sales, South Korea 2010-2020
- Historic BEV versus PHEV Gross gross sales, 2010-2020
- Month-to-month PEV Gross gross sales Distribution, 2020
- 2020 PEV Gross gross sales – Prime 10 OEMs and Fashions (BEVs and PHEVs)
- Prime Promoting PEV Fashions, South Korea 2010-2020
- PEV Passenger Automotive Forecast, 2021-2025
- PEV Passenger Automotive Forecast Dialogue, 2021-2025
4. HEV Market – FHEVs & MHEVs
- Historic HEV Gross gross sales, South Korea 2010-2020
- Historic FHEV vs. MHEV Gross gross sales, 2010-2020
- Month-to-month HEV Gross gross sales Distribution, 2020
- HEV Gross gross sales of Prime 10 OEMs and Fashions, 2020 (FHEV and MHEV)
- Prime Promoting HEV Fashions, South Korea 2010-2020
5. Charging Infrastructure
- Charging Infrastructure in South Korea, 2020
- Way ahead for Charging Infrastructure in South Korea, 2020
6. OEM & Expertise Spotlight
- OEM Spotlight – Hyundai-Kia
- OEM Spotlight – Battery Producers
- South Korea’s eMobility Begin-ups
7. Authorities Incentives & Regional State of affairs
- South Korea’s EV Incentives
- Regional State of affairs – Key Drivers for EV Penetration
- Regional State of affairs – Key Restraints throughout the EV Market
8. Development Alternative
- Development Alternative 1 – Li-ion Battery Recycling will seemingly be a Essential Trade in South Korea because it’s Residence to 3 of the World’s Main Li-ion Battery Producers
- Development Alternative 2 – Unlocking the Commercialization Potential for the Quickly Rising Charging Trade in South Korea
- Development Alternative 3 – Partnerships and Acquisitions Allow Current Oil & Fuel Corporations to Pivot to EV Charging and Leverage Current Places
9. Subsequent Steps
For further particulars about this report go to https://www.researchandmarkets.com/r/1xkj5b
Media Contact:
Analysis and Markets
Laura Wooden, Senior Supervisor
[email protected]
For E.S.T Workplace Hours Name +1-917-300-0470
For U.S./CAN Toll Free Name +1-800-526-8630
For GMT Workplace Hours Name +353-1-416-8900
U.S. Fax: 646-607-1904
Fax (open air U.S.): +353-1-481-1716
SOURCE Analysis and Markets
