New York, April 29, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Battery Electric Vehicle (BEV) Market Report 2021-2031” – https://www.reportlinker.com/p06067439/?utm_source=GNW
Battery Electric Vehicle (BEV) Market – our new study reveals current and future trends, major driving factors, regulatory framework, and predicted revenues/volume
With the rise in stringent government regulations regarding the use of fuel-efficient vehicles to control the emissions across the globe, the demand of zero emission vehicles is expected to rise which leads in the increased sales of BEVs. Further, owing to high oil prices around the world, market for fuel-efficient cars has risen drastically over the years. The limited fossil fuel availability has resulted in the increased prices of gasoline and diesel, which furthermore prompting customers to switch from ICE vehicles to battery operated vehicles. However, rising governments interference in terms of strict emissions regulations and promoting fuel efficient vehicles, BEVs demand is estimated to rise.
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