Netherlands Electric Vehicle Market Research Report, 2027

The Dutch place a high priority on environmental awareness and sustainability. This way of thinking has helped electric automobiles become more widely used as a cleaner, more environmentally friendly substitute for conventional fossil fuel-powered cars. Electric automobiles are seen as a significant step towards mitigating the environmental impact of transportation. They produce zero tailpipe emissions when powered by electricity from renewable sources. The Netherlands has been transitioning towards renewable energy sources, including wind and solar power. This transition complements the use of electric automobiles by ensuring that the electricity used to charge these vehicles comes from clean, renewable sources, further reducing carbon emissions. The Netherlands has invested in sustainable infrastructure to support electric automobiles. The development of a widespread charging network, including public charging stations and home charging solutions, is crucial for the widespread adoption of electric vehicles. This sustainable infrastructure aligns with the Dutch people's commitment to sustainable mobility options. According to the research report "Netherland Electric Vehicle Market Research Report, 2027," published by Actual Market Research, the Netherlands electric vehicle market is projected to reach a market size of more than USD 12.01 million by 2027. In the Netherlands, passenger vehicles are more commonly used than commercial vehicles. The majority of vehicles on Dutch roads are private passenger cars used for personal transportation. Passenger cars are widely used for private transportation by individuals and families. They serve as the primary mode of transport for commuting to work, running errands, and travelling within the country. Commercial vehicles, including vans and trucks, are crucial for the transportation of goods within the Netherlands. Furthermore, e-bicycles (electric bicycles) are very popular in the Netherlands. The country has a strong cycling culture, and the adoption of e-bikes has been growing rapidly in recent years. E-bikes offer an electric motor assist that helps cyclists pedal, making it easier to cover longer distances or navigate hilly terrain. The Netherlands is home to several e-bike manufacturers, producing a wide range of models to cater to different preferences and needs.

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There are several companies in the Netherlands that provide electric vehicles (EVs) or are involved in the production and distribution of EVs. Tesla, Volkswagen Group, BMW, Nissan, Hyundai, Kia, Renault, Polestar, and Mercedes-Benz are major companies. The Netherlands has a vibrant startup ecosystem, and several startups are working on electric vehicle (EV) technologies and solutions. Lightyear, Etergo, Amber, LeydenJar Technologies, Squad Mobility, Etergo BV, Heliox, and Electric Superbike Twente The Dutch government has implemented several initiatives to promote the adoption of electric vehicles (EVs) and support the transition to sustainable transportation. The government offers various financial incentives to promote EV adoption. These include purchase subsidies for both new and used EVs, tax benefits such as exemption from vehicle registration tax (BPM), and reduced motor vehicle tax (MRB) rates for electric vehicles. Additionally, the Electric Vehicle Charging Act (Wet beheer laadinfrastructuur) was implemented to ensure the accessibility and interoperability of public charging infrastructure. It establishes regulations for fair pricing, open access, and the availability of charging infrastructure for all EV users. Although the Dutch government has made significant efforts to develop charging infrastructure, there is still a need for further expansion. In certain areas, the availability of public charging stations may be limited, leading to concerns about range anxiety and accessibility for EV owners. The initial cost of purchasing an electric vehicle can be higher compared to traditional internal combustion engine vehicles. While the government offers subsidies and tax incentives to mitigate this, the upfront cost can still be a barrier for some potential buyers. Despite advancements in battery technology, the range of some electric vehicles may still be a concern for individuals with long commutes or those who frequently undertake long-distance trips. Additionally, charging time for EVs is longer compared to refuelling a conventional vehicle with gasoline or diesel, although fast-charging infrastructure is being developed to address this challenge. Besides this restraint, the electric vehicle culture in the Netherlands is more prominent. Considered in this report • Geography: Netherland • Historic year: 2017 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027

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Praveen Kumar

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Aspects covered in this report • Netherland market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Type • Passenger Vehicle • Commercial Vehicle By population type • BEV • PHEV

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The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us. we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to organic food and beverage industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.