With the rising concerns of the global activist community regarding the environmental sustainability of conventional transport, electric and hybrid vehicles are rising to the occasion in Europe and rendering consumers various green alternatives. The European electric vehicle market is expected to witness a CAGR of 40.7%, reaching the market size milestone of USD 855 billion by 2028. The impetus of this growth is maintained attributed to support government policies, rising environmental concerns, and the increasing popularity of electric vehicles in Europe. The electric and hybrid sectors will leverage the opportunities to adapt to the growing demand for autonomous cars and shared mobilities. The rising demand will also foster innovation and faster development of fast-charging infrastructure, addressing consumers’ range-related anxieties. Europe will also witness the rise of pure-hybrid, plug-in hybrid, battery-electric, and fuel-cell electric vehicles, broadening the consumer market.
To help organizations and leaders select the best-of-breed vendor companies, Auto Tech Outlook Europe’s distinguished panel comprising CEOs, CIOs, CMOs, and analysts have reviewed and shortlisted a handful of electric and hybrid vehicle technology providers that are at the forefront of innovation in Europe’s automotive community. From fast-charging solutions to multiphase motor technologies, these vendors are selected based on the innovative and user-friendly solutions they are rendering to global enterprises, public sector entities, and end-consumers.
We present to you Auto Tech Outlook Europe’s “Top 10 Electric and Hybrid Vehicle Solutions Providers in Europe - 2022.”