The major factor driving the electric vehicle range extender is rising air pollution

The major factor driving the electric vehicle range extender is rising air pollution, increasing government regulation, and increasing demand for long range-ability of the electric vehicle. The automotive industry and battery industry players are continuously working on increasing battery efficiency to meet the requirement for the electric vehicle. The range extender allow reduction in battery size, cost and related weight. This factor is driving the electric vehicle range extender market. The adoption of electric vehicle is facilitating the electric vehicle range extender market player to innovate advanced technologies, which is creating a lucrative opportunity for the electric vehicle range extender market players

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The electric vehicle range extender is an auxiliary power unit, used to improve the vehicle range. The government creates norms to control emission, significantly electric vehicle range extenders reduce vehicle emission; hence, it used in electric vehicles. The increasing trend of electric vehicles and the increasing purchasing power of people demand electric vehicles, which raise the demand for electric vehicle range extender market. Increasing demand for long-range traveling of electric vehicle raises demand for the electric vehicle range extender market

Some of the key players influencing the market are

AVL, Ballard Power Systems., BMW, Emoss Mobile Systems BV, FEV Group GmbH, Magna International Inc., MAHLE GmbH, Nissan, Plug Power Inc, Rheinmetall Automotive AG

The report aims to provide an overview of electric vehicle range extender market with detailed market segmentation by type, vehicle type, and component. The global electric vehicle range extender market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electric vehicle range extender market players and offers key trends and opportunities in the electric vehicle range extender market.