Nev Taxi Market in Pune, St. George, Antigua & Barbuda

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Business Service for Sale in St. George

Post Date Aug 29, 2019
Expiry Date Nov 27, 2019

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Name mayurikathade
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NEV Taxi Market is expected to reach US$ 980.0Mn by 2026 from US$ 110.0Mn in 2017 at CAGR of 31.44%.
NEV taxis be present New Energy vehicles that are used as taxis. A rapid rise in air pollution levels, which are harmful to the environment and human health, has driven global and state governing bodies to design and develop environment-friendly technology and vehicles. Driving factor of the market is owing to the new energy taxis there is an opportunity to restrict the usage of fuel and also reduce the emission of greenhouse gases.
Therefore this becomes important for the Chinese government to introduce NEV. Advancement in the battery technologies and taxis in China travel around 450 km per day. Some of the restraint of the NEV taxi market is safety and reliability and a high cost of vehicles and batteries.

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