Top Companies in Singapore Electric Vehicle Market
This report lists the top Singapore Electric Vehicle companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Singapore Electric Vehicle industry.
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BMW AG
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Hyundai Motor Company
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Tesla Inc.
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MG Motor
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AB Volvo
*Disclaimer: Top companies sorted in no particular order
Singapore Electric Vehicle Market Concentration
Singapore Electric Vehicle Company List
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BMW AG
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Toyota Motor Corporation
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Tesla Inc.
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AB Volvo
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MG Motor
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Nissan Motor Company
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BYD Co. Ltd
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Hyundai Motor Company
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Mitsubishi Motor Corporation
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Audi AG
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Mercedes-Benz Group AG
Specific to Singapore Electric Vehicle Market
Competitive Landscape Report Includes
Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments). Key Strategic Moves, Market Share Analysis, Company Landscape, and List of Companies.
Singapore Electric Vehicle Market Companies Summary
The electric vehicle market in Singapore has seen a significant recovery following the disruptions caused by the COVID-19 pandemic. Manufacturing activities, which were halted for several months during the first half of 2020, have resumed, and the automotive industry has seen substantial growth in terms of production. This growth is expected to increase the demand for electric vehicles across the country. Government policies supporting the growth of electric vehicles and plans to expand the electric vehicle charging infrastructure are anticipated to be key market drivers in the coming years. Several key players dominate the Singapore electric vehicle market. These manufacturers are investing in the country to enhance electric vehicle sales during the forecast period. For instance, one company announced its transition to full electrification, with the first model in its electric vehicle lineup set to debut soon. This move aligns with the company's global directive to expand its electric mobility offerings, as well as Singapore's Green Plan. Another company invested heavily to develop a new innovation center in Singapore, which features an electric car factory. This is expected to boost the production of electric vehicles in the coming years.
Explore MoreSingapore Electric Vehicle Companies - Table of Contents
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1. COMPETITIVE LANDSCAPE
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1.1 Vendor Market Share
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1.2 Company Profiles*
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1.2.1 BMW AG
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1.2.2 Toyota Motor Corporation
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1.2.3 Tesla Inc.
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1.2.4 AB Volvo
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1.2.5 MG Motor
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1.2.6 Nissan Motor Company
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1.2.7 BYD Co. Ltd
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1.2.8 Hyundai Motor Company
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1.2.9 Mitsubishi Motor Corporation
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1.2.10 Audi AG
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1.2.11 Mercedes-Benz Group AG
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Singapore Electric Vehicle Companies FAQs
Who are the key players in Singapore Electric Vehicle Market?
BMW AG, Hyundai Motor Company, Tesla Inc., MG Motor and AB Volvo are the major companies operating in the Singapore Electric Vehicle Market.