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Development in Electric Vehicle Range Extender Market Donated by Convenient Features, Leading Vendors, End Uses, and Market Size by 2028

Development in Electric Vehicle Range Extender Market Donated by Convenient Features, Leading Vendors, End Uses, and Market Size by 2028
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Electric Vehicle Range Extender Market To Witness 10.2% CAGR By 2025 Owing To Rising Usage of Commercial & Fully Electric Passenger Vehicles To Lower CO2 Emissions

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FELTON, Calif., Feb. 3, 2021 /PRNewswire/ The demand for the global EV range extender market is estimated to be worth 494,083 units by 2025, according to a new report by Million Insights, growing at a CAGR of 10.2% from 2018 to 2025. An EV range extender is a system that enables a higher vehicle range to allow long-distance journeys. High growth in the use of commercial and fully electric passenger vehicles to lower CO2 emissions along with superior performance abilities and expandable range is anticipated to stimulate industry growth.
The automotive industry is regarded as the largest oil consumer globally, contributing to increased pollution levels. Governments of several nations have imposed strict regulations on manufacturers to produce zero/low emission vehicles to help lower carbon emission. ....

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