Cost-effectiveness of EVs is a Key Driver in the Growth of Global Electric Taxi Market

Reportstack has announced a new market research publication on Global Electric Taxi Market which finds cost-effectiveness of EVs is a key driver for the growth of the global electric taxi market during the forecast period 2014-2018.

As per research analysis, the Global Electric Taxi market is currently in its initial stage. However, rising fuel prices and growing environmental concerns is leading to the strong growth of this market in the coming years. Emerging countries such as China, India, and the Philippines are adopting low-cost EVs and are using them as taxis, which is increasing demand in these countries. Developed economies such as the US, Japan, and the UK are using pure-electric cars such as Nissan Leaf and BYD E6, as electric taxis. The EVs used as electric taxis will be making a huge impact and have a growing presence in the coming years.

To determine the scenario for these vendors in the next 3-4 years, the analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentation, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

To view the table of contents and know more details please visit