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Report
United States Electric Mobility Market By Product Type (Electric Scooter, Electric Motorcycle, Electric Car), By Battery Type (Sealed Lead Acid, NiMH, Li-ion), By Voltage (24V, 36V, 48V, Greater than 48V), By Region, Competition Forecast & Opportunities, 2018-2028
Market Report I 2023-05-01 I 75 Pages I TechSci Research
The United States electric vehicle mobility market is expected to grow in the forecast period at a decent rate. In the past few years, the electric vehicle mobility market has shown growth as people prefer to buy electric vehicles over gasoline-powered vehicles due to their various advantages, such as the low total ownership cost for electric vehicles. On purchasing an electric vehicle, buyers can have a tax credit of around USD 2500 to USD 7500 on every new electric vehicle. The government of the United States has also introduced some utility incentives and federal tax credits, and electric vehicle owners can save money on fuel. In the United States, the number of electric motorcycles has increased as the adoption rate of electric vehicles among people has increased. In 2022 around 50% of online sales of electric vehicles were recorded compared to the year 2021. Many companies are now launching their new vehicles through online platforms to reach a maximum number of customers. Due to the increasing rate of sales of electric vehicles, the United States electric vehicle mobility market is anticipated to grow in the coming years.
Use of Electric Vehicles in E-Commerce Business
The E-Commerce industry is growing at an unprecedented rate across the nation. With Amazon, Alibaba, Walmart, Flipkart, E-bay, etc., expanding their operations in different states of the Unites States, the need for logistic transportation in the country is increasing every year, and since most of the demand-generating regions are tough to reach with electric passenger cars, motorcycles, and three-wheeler vehicles, the need for compact electric vehicles as a means of transport is increasing exponentially to meet the high demand from e-commerce business. The growing demand for electric vehicles in the e-commerce business is anticipated to push the United States electric vehicle mobility market at a robust pace.
Increasing Demand for Emission-free Public Transportation Systems
Over the years, due to increasing air pollution causing serious health hazards and worsening climate conditions, the government of the United States has started to introduce an increasing number of emission-free public transportation systems in several states to tackle the air pollution problem. For instance, the government has planned to increase the number of electric vehicles in public transportation. Many private companies, like Uber Technologies Inc, plan to increase the number of electric cars in their service and to increase the electric motorcycle services in the country. The government United States is taking the need for emission-free public transportation very seriously. The increasing adoption of electric cars to support emission-free transportation coupled with the growing need for electric public transportation is expected to increase the demand for electric vehicles, consequently increasing the United States electric vehicle mobility market in the forthcoming years.
Rising Number of Electric Vehicles
The sales of electric vehicles have increased with time in the United States. In 2021, the total sales of electric vehicles reached 667 thousand units, a record high of 103% on year on year basis compared to the year 2020. Electric vehicles are becoming more popular among customers in the United States because of various reasons, such as low greenhouse gas emissions and pollutants in the air than combustion engines. Electric vehicles are the future of the automotive industry in the coming years. Under Joe Biden's governance, the government of the United States has decided to end the purchase of gas-powered vehicles by 2035 and promote lower emissions and electric vehicles in the market. Electric vehicles are also becoming popular among buyers as they have advantages over diesel or petrol vehicles. Electric vehicles have fewer mechanical components due to requiring less maintenance and services compared to gasoline-powered vehicles.
Market Segmentation
The United States electric vehicle mobility market is segmented based on product type, battery type, voltage, region, and competitional landscape. Based on product type, the market is further fragmented into electric scooters, electric motorcycle, and electric cars. Based on battery type, the market is divided into sealed lead acid, NiMH, and Li-ion. Based on voltage, the market is divided into 24 V, 36 V, 48 V, and greater than 48 V.
Company Profiles
Kia Corporation, Tesla, Inc, Hyundai Motor Company, Segway Inc, Yadea Technology Group Co., Ltd., Zero Motorcycles, Inc., BAIC Automotive Group Co., Ltd, Harley-Davidson Motor Company Group, Inc, Nissan Motor Co., Ltd, Bird Rides Inc., are among the major market players in United States electric vehicle mobility market.
Report Scope:
In this report, the United States Electric Vehicle Mobility Market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:
- United States Electric Vehicle Mobility Market, By Product Type
o Electric Scooter
o Electric Motorcycle
o Electric Car
- United States Electric Vehicle Mobility Market, By Battery Type:
o Sealed Lead Acid
o NiMH
o Li-ion
- United States Electric Vehicle Mobility Market, By Voltage:
o 24 V
o 36 V
o 48 V
o Greater than 48 V
- United States Electric Vehicle Mobility Market, By Region:
o Northeast Region
o South Region
o Mid-West Region
o West Region
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the United States electric vehicle mobility market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Introduction
1.1. Market Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Market Overview
3.2. Market Forecast
3.3. Key Regions
3.4. Key Segments
4. Impact of COVID-19 on United States Electric Vehicle Mobility Market
4.1. Impact Assessment Model
4.1.1. Key Segments Impacted
4.1.2. Key Regions Impacted
4.1.3. Key Countries Impacted
4.1.4. Key Distribution Channel Impacted
5. Voice of Customer
5.1. Brand Awareness
5.2. Factors Influencing Purchase Decision
5.3. Brand Satisfaction Level
6. United States Electric Vehicle Mobility Market Outlook, FY2018-FY2028F
6.1 Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Product Type Market Share Analysis (Electric Scooter, Electric Motorcycle, Electric Car)
6.2.2. By Battery Type Market Share Analysis (Sealed Lead Acid, NiMH, Li-ion)
6.2.3. By Voltage Market Share Analysis (26 V, 36 V, 48 V, Greater than 48V)
6.2.4. By Regional Market Share Analysis
6.2.4.1. Northeast Region Market Share Analysis
6.2.4.2. South Region Market Share Analysis
6.2.4.3. Mid-West Region Market Share Analysis
6.2.4.4. West Region Market Share Analysis
6.2.5. By Company Market Share Analysis (By Value, 2022)
6.3. United States Electric Vehicle Mobility Market Mapping & Opportunity Assessment
6.3.1. By Product Type Market Mapping & Opportunity Assessment
6.3.2. By Battery Type Mapping & Opportunity Assessment
6.3.3. By Voltage Mapping & Opportunity Assessment
6.3.4. By Region Mapping & Opportunity Assessment
7. United States Electric Scooter Mobility Market Outlook
7.1. Market Size & Forecast
7.1.1. By Volume and Value
7.2. Market Share & Forecast
7.2.1. By Battery Type Market Share Analysis
7.2.2. By Voltage Type Market Share Analysis
7.2.3. By Region Market Share Analysis
8. United States Electric Motorcycle Mobility Market Outlook
8.1. Market Size & Forecast
8.1.1. By Volume and Value
8.2. Market Share & Forecast
8.2.1. By Battery Type Market Share Analysis
8.2.2. By Voltage Type Market Share Analysis
8.2.3. By Region Market Share Analysis
9. United States Electric Car Mobility Market Outlook
9.1. Market Size & Forecast
9.1.1. By Volume and Value
9.2. Market Share & Forecast
9.2.1. By Battery Type Market Share Analysis
9.2.2. By Voltage Type Market Share Analysis
9.2.3. By Region Market Share Analysis
10. Market Dynamics
10.1. Market Drivers
10.1.1. Increasing Environment Concerns Among the People
10.1.2. Stringent Government Policies
10.2. Market Challenges
10.2.1. High Price Compared to IC Engine Based Vehicle
10.2.2. Lack in Number of Charging Stations
11. Market Trends & Developments
11.1. Growing Use of Electric Two-Wheelers in E-Commerce
11.2. Increasing Demand for Emission-Free Public Transportation Systems
11.3. Growing Market Penetration Due to Addition of Market Players
12. SWOT Analysis
12.1. Strength
12.2. Weakness
12.3. Opportunities
12.4. Threats
13. Porter's Five Forces Model
13.1. Competitive Rivalry
13.2. Bargaining Power of Suppliers
13.3. Bargaining Power of Buyers
13.4. Threat of New Entrants
13.5. Threat of Substitutes
14. Policy & Regulatory Landscape
15. United States Economic Profile
16. Competitive Landscape
16.1. Company Profiles
16.1.1. Kia Corporation
16.1.1.1. Company Details
16.1.1.2. Products & Services
16.1.1.3. Financial (As Reported)
16.1.1.4. Recent Development
16.1.1.5. Key Management Personnel
16.1.2. Tesla, Inc
16.1.2.1. Company Details
16.1.2.2. Products & Services
16.1.2.3. Financial (As Reported)
16.1.2.4. Recent Development
16.1.2.5. Key Management Personnel
16.1.3. Hyundai Motor Company
16.1.3.1. Company Details
16.1.3.2. Products & Services
16.1.3.3. Financial (As Reported)
16.1.3.4. Recent Development
16.1.3.5. Key Management Personnel
16.1.4. Segway Inc.
16.1.4.1. Company Details
16.1.4.2. Products & Services
16.1.4.3. Financial (As Reported)
16.1.4.4. Recent Development
16.1.4.5. Key Management Personnel
16.1.5. Yadea Technology Group Co., Ltd.
16.1.5.1. Company Details
16.1.5.2. Products & Services
16.1.5.3. Financial (As Reported)
16.1.5.4. Recent Development
16.1.5.5. Key Management Personnel
16.1.6. Zero Motorcycles, Inc.
16.1.6.1. Company Details
16.1.6.2. Products & Services
16.1.6.3. Financial (As Reported)
16.1.6.4. Recent Development
16.1.6.5. Key Management Personnel
16.1.7. BAIC Automotive Group Co., Ltd.
16.1.7.1. Company Details
16.1.7.2. Products & Services
16.1.7.3. Financial (As Reported)
16.1.7.4. Recent Development
16.1.7.5. Key Management Personnel
16.1.8. Harley-Davidson Motor Company Group, Inc
16.1.8.1. Company Details
16.1.8.2. Products & Services
16.1.8.3. Financial (As Reported)
16.1.8.4. Recent Development
16.1.8.5. Key Management Personnel
16.1.9. Nissan Motor Co., Ltd.
16.1.9.1. Company Details
16.1.9.2. Products & Services
16.1.9.3. Financial (As Reported)
16.1.9.4. Recent Development
16.1.9.5. Key Management Personnel
16.1.10. Bird Rides Inc.
16.1.10.1. Company Details
16.1.10.2. Products & Services
16.1.10.3. Financial (As Reported)
16.1.10.4. Recent Development
16.1.10.5. Key Management Personnel
17. Strategic Recommendations
17.1. Key Focus Areas
17.2. Target Regions
17.3. Target Product Type
18. About Us & Disclaimers
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