The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
As the number of electric vehicle consumers keeps increasing, companies will have the opportunity to lift their sales and revenue not only by selling electric vehicles but also by providing Electric vehicle charging services to the users. Electric vehicles require recharging in-between for long-distance routes due to their low-energy density batteries, hence a strong network of EV charging service providers is necessary for the growth of the industry. Although this market is less developed in emerging countries, it is a promising market with future prospects.