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Electric Vehicle Range Extender Market Research Report, Size, Industry Forecast Analysis | Valuates Reports
The global Electric Vehicle Range Extender market was valued at US$ 200.2 million in 2023 and is anticipated to reach US$ 590.4 million by 2030, witnessing a CAGR of 16.2% during the forecast period 2024-2030.Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-12R8804/Global_Electric_Vehicle_Range_Extender_Market_Insights_Forecast_to_2028
A range extender vehicle is a battery electric vehicle that includes an auxiliary power unit (APU) known as a 'range extender'. The range extender drives an electric generator which charges a battery which supplies the vehicle's electric motor with electricity. This arrangement is known as a series hybrid drivetrain. The most commonly used range extenders are internal combustion engines, but fuel-cells or other engine types can be used.
The Asia Pacific region is estimated to dominate the electric vehicle range extender market, in terms of volume, in 2018. The increasing demand for driving range extension of electric vehicles and government incentives on the purchase of electric vehicle range extender would fuel the growth of the market in this region.
This report aims to provide a comprehensive presentation of the global market for Electric Vehicle Range Extender, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Vehicle Range Extender.
By Type
ICE Range Extender
Fuel Cell Range Extender
By Application
Passenger Cars
Commercial Vehicles
Key Companies
Magna, MAHLE, Rheinmetall, Plug Power, Ballard Power Systems, AVL, FEV, Delta Motorsport, Ceres Power, Nissan, General Motors, BMW, Nikola Motor, Horizon Fuel Cell Technologies, Ashwoods Electric Motors
View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-12R8804/global-electric-vehicle-range-extender
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