North American EV Market Trends and Analysis Report By Drive Type (Plug-in Hybrid and Pure Electric), By Vehicle Type (Passenger Cars and Commercial Vehicles) By Region (America, Europe, Asia Pacific, Middle East and Africa) Forecasts Till - 2027

Categories: Automotive & Transportation | Report Code : AT21 | No. of Pages : 125

A study by Precize Reports on the “North American EV Market, 2017-2027” provides the overview and forecast of the North American EV Market based on different segments, sub-segments, size, application, market share and growth rate of the industry Automobile & Transportation. The report provides the current size of the market and projects the market size from the year 2017 to 2027 with respect to five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa (MEA). North American EV Market by each region is then sub-segmented by countries and localities. The report then employs market breakdown and data triangulation procedures to complete the overall market engineering process and arrive at the exact statistics for all segments, sub-segments and growth of North American EV market.

The report covers the analysis and forecast of 18 countries worldwide, alongside the recent trends and prospects prevailing in the region. The report on North American EV Market has been curated by analyzing the top players functioning in the market. In order to get a thorough analysis of the market, the report carried out SWOT analysis, Porter’s five forces analysis, and pestel analysis.

Research Methodology

The research methodology used to examine and forecast North American EV Market beings with collecting data on major players through secondary research. Some of the secondary sources used in this report to extract information include facts from different journals and databases such as Morning Star, IEEE Journals, Factiva, OneSource and Hoovers.

Report Highlights

The report provides in-deep insights on demand forecasts, North American EV market trends, market size, share and micro and macro indicators. In addition, this report provides market insights on the factors that are driving and restraining the North American EV market in the Automobile & Transportation industry. In the North American EV analysis given the insight on the investment areas and growth that existing or new market players/companies can consider. The report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of North American EV market. In the study highlights current North American EV market trends and provides forecast years from 2022 to 2027.

In the North American EV market future trends that will affect the market demand and trends over the forecast period. Also highlighted on the competitive analysis given in each regional market on the market share, size of the leading players. Additionally, the analysis highlights rise and fall in the market shares, size, type, application of the key players in the market. This report will help manufacturers, suppliers, and distributors of the North American EV market to understand the present analysis and future trends in this market and formulate their strategies accordingly.

Market Segmentation

The North American EV report includes market segments by technology, by application, by type, by end-user and by region. The report consists of insights regarding the sales and revenue during the forecasted timeframe of 2021 to 2027.

Drive Type

  • Plug-in Hybrid
  • Pure Electric

Vehicle Type

  • Passenger Cars
  • Commercial Vehicles

Top listed companies for North American EV for Industrial Market are:
BMW, Daimler (Mercedes-Benz), General Motors, Nissan, Ford Motor Company, Renault, Tesla Inc.,Hyundai Motors,Volkswagen AG, Mitsubishi, Kia, Peugeot and Truck manufacturers, such as Daimler, Tesla, and Navistar International Corp, 

Recent Developments

  • In March 2021, General Motors forms a new joint venture with lithium metal battery developer Solid Energy Systems to fast track battery development as the company focuses on development of High performance Electric vehicles of 400-500 miles capacity in long term.
  • EVs are traditionally deployed as passenger cars; however, 2019 and 2020 brought the announcement of several electric pick-ups, such as the Rivian R1T and the electric Ford F-150. Larger vehicle segments like pick-upsare a particularly important segment to the North American market
  • In Washington state, Governor Jay Inslee adopted a zero emissions vehicle (ZEV) mandate in March 2020, making Washington the twelfth state to adopt the California mandate and the final state/province in the Pacific Northwest region to sign such legislation (including British Columbia, which follows a version of the California ZEV mandate).
  • These economic impacts are likely to be mitigated as the industry approaches 2030, as larger PEV models come to market and consumer demand increases as ICE bans begin to affect markets such as California.

Region Covered Are:

It is estimated that North America, the dominating country in North American EV market will show considerable growth during the forecast period. This report forecasts revenue growth at the global, regional, and local levels and provides an analysis of the most recent industry trends from 2022 to 2027 in each of the segments and sub-segments. In addition to that, government agencies, companies, third-party administrators, etc. are channelizing their efforts to make customer-centric products which will also contribute to the growth in this region.

North America (United States and Canada)


Leading Questions Answered in the Report:

  1. Valuations of segment market shares on a national and global scale
  2. Business entry opportunities for newcomers
  3. North American EV Market forecasts for all segments and sub-segments in different countries and regions for a minimum of five years.
  4. On the basis of market valuations, growth, size, strategic endorsements in main industry segments
  5. Profile of the business, including detailed strategies, financial information, trends and recent developments.

Table of Contents


    1. 1 Study Assumptions

    2. 2 Scope of the Study




    1. 1 Market Driver

    2. 2 Market Restraint

    3. 3 Industry Attractiveness-Porter's Five Force Analysis

      1. 3.1 Bargaining power of suppliers

      2. 3.2 Bargaining Power of Consumers

      3. 3.3 Threat of New Entrants

      4. 3.4 Threat of Substitute Products

      5. 3.5 Intensity of Competitive Rivalry


      1. 1 Drive Type

        1. 1.1 Plug-in Hybrid

        2. 1.2 Pure Electric

      2. 2 Vehicle Type

        1. 2.1 Passenger Cars

        2. 2.2 Commercial Vehicles

      3. 3 Geography

        1. 3.1 North America

          1. 3.1.1 United States

          2. 3.1.2 Canada

          3. 3.1.3 Rest of the North America


          1. 1 Vendor Market Share

          2. 2 Company Profiles

            1. 2.1 BMW

            2. 2.2 Daimler (Mercedes-Benz)

            3. 2.3 General Motors

            4. 2.4 Nissan

            5. 2.5 Ford Motor Company

            6. 2.6 Renault

            7. 2.7 Tesla Inc.

            8. 2.8 Hyundai Motors

            9. 2.9 Volkswagen AG

            10. 2.10 Mitsubishi

            11. 2.11 Kia

            12. 2.12 Peugeot

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North American EV Market Trends and Analysis Repor...

RD Code : AT21