Market Trends of south america electric bus battery pack Industry
Growing Demand and Government Incentives Drive Electric Vehicle Market in South America
- Various countries falling under the South America region such as Brazil and Argentina etc. have great potential for the automobile market, and the South American vehicle industry has experienced substantial growth over the past few years. In recent years, the demand for electric vehicles, primarily passenger cars, has increased in the region owing to the factors such as rising awareness of electric vehicles, growing environmental concern, governmental push towards the adoption of electric vehicles. These factors are gradually shifting consumers to electric vehicles and the sales of the EVs have grown to 17.95% in 2022 over 2021.
- South America has various potential electric vehicle markets and Brazil holds potential demand for electric buses as the country is focusing on the adoption of more renewable power generation, which may utilize the country’s large niobium and lithium reserves, a crucial factor for EV batteries’ development. Moreover, In December, 2022, Sao Paulo bans the purchasing of diesel buses and has announced to deploy 2600 electric buses by the end of 2024. Similar factors in other countries are expected to boost the electrification of vehicles in the South America during the forecast period.
- The electrification of vehicles in South America is anticipated to be fueled by the policies and incentive programs implemented by the governments of the various countries in the region. Tax benefits are the main motivation, as the Government of Colombia is using incentives and subsidies to reach an ambitious goal of 600,000 EVs on the road by 2030 to address the carbon emission issues. As a result, similar factors in other countries in South America is anticipated to increase the sales of the EVs during the forecast period.
Understand The Key Trends Shaping This Market
Understand The Key Trends Shaping This Market
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Growing Adoption of Electric Vehicles and Advancements in Battery Technology Drive South America's EV Market
South America Electric Bus Battery Pack Market Report - Table of Contents
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1. EXECUTIVE SUMMARY & KEY FINDINGS
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2. REPORT OFFERS
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3. INTRODUCTION
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3.1 Study Assumptions & Market Definition
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3.2 Scope of the Study
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3.3 Research Methodology
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4. KEY INDUSTRY TRENDS
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4.1 Electric Bus Sales
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4.2 Electric Bus Sales By OEMs
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4.3 Best-Selling EV Models
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4.4 OEMs With Preferable Battery Chemistry
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4.5 Battery Pack Price
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4.6 Battery Material Cost
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4.7 Price Chart Of Different Battery Chemistry
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4.8 Who Supply Whom
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4.9 EV Battery Capacity And Efficiency
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4.10 Number Of EV Models Launched
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4.11 Regulatory Framework
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4.12 Value Chain & Distribution Channel Analysis
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5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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5.1 Propulsion Type
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5.1.1 BEV
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5.1.2 PHEV
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5.2 Battery Chemistry
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5.2.1 LFP
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5.2.2 NCA
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5.2.3 NCM
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5.2.4 NMC
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5.2.5 Others
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5.3 Capacity
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5.3.1 15 kWh to 40 kWh
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5.3.2 40 kWh to 80 kWh
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5.3.3 Above 80 kWh
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5.3.4 Less than 15 kWh
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5.4 Battery Form
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5.4.1 Cylindrical
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5.4.2 Pouch
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5.4.3 Prismatic
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5.5 Method
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5.5.1 Laser
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5.5.2 Wire
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5.6 Component
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5.6.1 Anode
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5.6.2 Cathode
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5.6.3 Electrolyte
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5.6.4 Separator
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5.7 Material Type
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5.7.1 Cobalt
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5.7.2 Lithium
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5.7.3 Manganese
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5.7.4 Natural Graphite
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5.7.5 Nickel
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5.7.6 Other Materials
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6. COMPETITIVE LANDSCAPE
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6.1 Key Strategic Moves
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6.2 Market Share Analysis
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6.3 Company Landscape
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6.4 Company Profiles
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7. KEY STRATEGIC QUESTIONS FOR EV BATTERY PACK CEOS
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8. APPENDIX
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8.1 Global Overview
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8.1.1 Overview
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8.1.2 Porter’s Five Forces Framework
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8.1.3 Global Value Chain Analysis
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8.1.4 Market Dynamics (DROs)
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8.2 Sources & References
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8.3 List of Tables & Figures
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8.4 Primary Insights
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8.5 Data Pack
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8.6 Glossary of Terms
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