Globally, as the trading tension between the United States and China continues, the rebound of top two market has been affected. The sales of top five countries in 2019 showed a decline, overall global sales of 91.3 million units have also shown a downward trend. In the electric vehicle segment, the global sales of electric vehicle reached 4.369 million units in 2019. Among all types of electric vehicles, the hybrid electric vehicle (HEV) is still the mainstream product. However, sales of the plug-in hybrid electric vehicle (PHEV) and the battery electric vehicle (BEV) are gradually rising due to the support of various government policies and incentives.
I.Automobile Industry
II.Motorcycle Industry
Figure 1: Definition and Scope of Automobile/Automobile components Industry
Figure 2 : Definition and Scope of Motorcycle/Scooter Industry