According to the TechSci Research report, "United States Electric Vehicle Mobility Market - By Region, Competition Forecast & Opportunities, 2018-2028,” The United States electric vehicle mobility market is anticipated to grow at a decent rate in the forecast period 2023-2028. The sales of electric vehicles in the passenger cars, two-wheeler, and three-wheeler segments have increased with time. According to the data of IEA (International Energy Agency) around 608 thousand units of all electric vehicles including plug-in hybrid electric vehicles (PHEVs) were sold in the year 2021, which was nearly double of the 308 thousand units of electric vehicles sold in year 2020. The sales of electric two-wheeler have also increased with time as the high demand for electric vehicles among the young generation has risen. There are many online platforms which are providing electric scooters and motorcycles to the customer easily through there site. Thus many companies have increased the manufacturing capacity for electric vehicles to meet the increased demand. In the United States the most popular electric car is Tesla by tesla, Inc. The company has the highest market share among the major players in the country. The company offers four different models of passenger cars which are the Tesla Model 3, Tesla Model S, Tesla Model X, and Tesla Model Y. The sales of these Tesla’s models till present day in 2022 is around 156,357 units for the Tesla Model 3, for Tesla Model S is 23, 464 units , for Tesla Model X 19,542 units, and for Tesla Model Y 191,451 units these are the highest number in electric vehicles sales among the other companies in United States.
As the demand for the electric vehicles has increased in the country, many automotive companies have stated to invest in the electric vehicle segment. Furthermore, electric vehicle manufacturing companies have increased their production capacity to meet the market demand.
Additionally, with technological innovation and growing demand for electric vehicles, automotive manufacturers have started to invest in research and development for the new vehicle range that will meet market demand.
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The United States electric vehicle mobility market can be segmented based on product type, battery type, voltage, region and company. Based on product type, electric scooter dominates the market in the year 2022, and it is anticipated that electric cars will grow with decent share in the coming years.
In the product type segment, the demand for electric scooters is also increasing as the market for folding mobility scooters has expanded as a result of the introduction of next-generation technologies and the requirement for product differentiation. The dearth of parking spaces in major cities is one of the main causes driving up demand for these types of scooters. Due to their freedom from the early limitations of strength and weight, these scooters have become more popular in the United States. Additionally, the demand for foldable electric scooters has driven manufacturers to innovate with regard to the growing traffic and mobility. These scooters provide versatility while consuming the least amount of energy possible and are simple to fold up into a suitcase-sized package.
The battery segment consists of lithium-ion (Li-Ion), nickel-metal hydride (NiMH), and sealed lead acid batteries. Building more efficient, lightweight, high-performance, and small electric scooters depends largely on the batteries. The Li-Ion battery market is anticipated to develop at the fastest rate. Li-Ion battery adoption is encouraged by features like a quicker charge time, greater environmental friendliness, and a longer battery life. These features are anticipated to provide plenty of chances in the market for electric scooters. It is anticipated that the increasing use of these batteries would reduce the cost of manufacturing and deploying electric scooters to some level. Currently, the majority of electric vehicle sales worldwide are made up of scooters. With the high demand for electric scooters in the market, sales have increased, which has anticipated the growth of the United States electric vehicle mobility market in the coming years.
Some of the major players operating in the United States electric vehicle mobility market include:
- 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.
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The automobile industry has a strong commitment to the growth of e-mobility since zero-emission or low-emission vehicles significantly contribute to the preservation of the environment. Depleting fossil fuel reserves, the increasing demand for more affordable mobility alternatives in ever-growing metropolitan areas, and OEMs' increased attention to the development of alternative propulsion systems are all factors that are further supporting electric mobility solutions. The United States government plans to go completely electric by 2050, as all new vehicles purchased will include only electric vehicles and not ignition-based ones. All these factors will directly affect the United States Electric Vehicle Mobility market in a positive way and are anticipated to grow the market in the coming years,”said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“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,” has evaluated the future growth potential of United States Electric Vehicle Mobility Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the United States Electric Vehicle Mobility Market.
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