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Who are the major players in electric vehicle market in Germany?

For the last two years, the competition in the electric vehicle brand is rising high, the business domain is becoming a profitable scheme and even adhering the sustainable development goals. The added advantage of alternative driving vehicles is handling the environmental issues on a large scale but also satisfying the travel convenience.

However, the starting phase was not so smooth but as the demand started rising and the acceptance among the customer attitude showed a positive wave in the business model for a good revenue generation. More and more designs and new models with updated versions can be seen in the production of the electric vehicle market.

Comparison of electric vehicle brand
Source:- T&E
Comparison of electric vehicle brand
Source:- T&E

The survey result shows the comparison between the years 2019 and 2020 in Germany. The result indicated the inclusion of two more electric vehicle companies within a span of a year.

All the electric vehicle manufacturers doubling up the numbers in a year and even though Volkswagen was included in a scandal related to environmental issues, are proving themselves to be a strong contender in the electric vehicle segment with an increased number of electric vehicle models.

Number of electric vehicle brands to be offered
Source:- T&E

The future plan also shows a steady rise in the electric vehicle segment.

In my opinion, the results show a promising turning point in terms of transportation and vehicle convenience. The present generation and the choices are creating a vision of the future that we can have a glimpse about in terms of development and enhancement.

As we peek into the future, not just our fashion choice or the style of commodity but also the buying power will change as per the necessity. The electric mode of traveling not only opened doors for new ideas and conceptions to a world running on batteries and becoming more interconnected but opportunities for making a conscious choice for a healthy lifestyle.

Source:- Statista.

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