The four companies are listed out below with their financial stats. Ford Motor Company One of the oldest car manufacturers is situated in Michigan, USA. It is engaged in designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and SUVs as well as its luxury vehicles. It is operating in 62 plants that are globally spread across North America, Europe, South America, … Continue reading Which are the leading electrical vehicle companies in Canada?

The four electric vehicle companies are listed out below with their financial stats. Bayerische Motoren Werke AG It is the parent company of the BMW Group, and they are engaged in the development, manufacture, and sales of engines with vehicles equipped with engines including automobiles and motorcycles. The head office is situated in Munich, Bayern. The company is operating in 31 production and assembly facilities … Continue reading Which electric vehicle companies are leading in Finland?

The analysis of 4 companies in EVs considered the leading player in their respective field is listed with their current key financial details. Honda Motor Co., Ltd The company headquarter is situated in Tokyo. The company is involved with the development, production, and sales of a variety of automobiles, motorcycles, and power products. The company operates primarily in North America, Asia, and Europe with a … Continue reading Which electric vehicle companies are leading in Japan?

The buyer or consumer as we call them holds an invisible force to drive any product or technology to have a future or become a past household name. Electric vehicles and hybrid vehicles, though showing a promising future to achieve a sustainable environment and control the CO2 emission and reduce it to a sustainable limit, still the demand in Finland is considered to be fluctuating. … Continue reading What is the scenario of consumers in the electric vehicle market in Finland?

As with new inventions and development, the countries also get into competition mode to show their niche and follow the current trends circulating the world market. The current and also future trends are with electric vehicles and plug-in hybrid vehicles. But how far are they? As compared to its western society counterpart, the Japanese Government also launched incentive schemes and quickly placed a greater number … Continue reading How well the Japanese are accustomed to electric vehicles?

We all know that having a pure electric vehicle means taking the risk of being stuck on the road with a mile long to charge the vehicle or ending up waiting for a longer time to charge the hybrid electric vehicles. So, considering the options and trying to protect the environment and have the benefits of Eco car models, hybrid cars are somehow scoring the … Continue reading How the hybrid vehicles playing a major role in Finland?

One of the smallest Scandinavian countries with a population of 5.518 million, as recorded in 2019, proved their potentiality in handling a pandemic scenario, COVID-19, efficiently were as still half the world is battling to get the situation under control. So, are they only limited in health line care or do they offer insights into their technological sector? The total revenue of hybrid and electric … Continue reading What is the market scenario of Electric vehicles in Finland?

As the days are passing by, so are the laws, policies, and initiatives. The encouragement for electric vehicles took a rapid speed not only in some European countries but also in Scandinavian countries. One such important step has been taken as exempting electrical vehicles from the annual circulation tax for 10 years time length from the first date of registration. An environmental bonus of 3000-4000 … Continue reading What ways European and Scandinavian countries are heading in electric vehicles?

As per a study conducted by Henrik et.al., in Norway and Sweden, the company car tax for hybrid and electric cars is reduced. The tax is reduced up to 40% in Norway in the case of electric and hybrid cars thereby promoting the green car fleet. Although there is no significant statistical data available for company or private cars driving in Nordic countries, however, according … Continue reading What initiatives are taken for electric and hybrid cars in Norway and Sweden?

The market value for the Canadian electric & Hybrid cars has been projected as $1,109.40 million in 2019, $1,260.0 million in 2020, $1,446.2 million in 2021 and $1,607.3 million in 2022. The compound annual growth rate (CAGR) projected for the market period 2019-2022 is 13.15%. Also, the market volume for the Canadian electric and hybrid cars has been forecasted to be 51,173.0 units in 2019, … Continue reading What is the forecasted market value for Canadian electric cars?