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Electric Vehicle Testing, Inspection, and Certification Market - A Global and Regional Analysis

Focus on Application, Product, and Country-Level Analysis - Analysis and Forecast, 2022-2031

 
Some Faq's

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Electric vehicle testing, inspection, and certification (TIC) is a set of services that help to improve standards of manufacturing and quality of EVs in a specific region as per regional statutory regulatory bodies. TIC ensures the safety of users, equipment, infrastructure, and the environment as well. As a result, governments of various countries are implementing stringent regulatory norms related to electric vehicle testing. This is expected to continue to boost electric vehicle testing, inspection, and certification market revenue growth during the forecast period.

The key business opportunities in the global electric vehicle testing, inspection, and certification market include the growing trend for developing electric vehicles and ongoing technological advancements.

The strategies adopted by the players in the global electric vehicle testing, inspection, and certification market to grow and sustain in the competition by maintaining present customers and attracting new ones are business expansions and investment activities. Some of the strategies adopted are:

• UL LLC and Hyundai Motor Company collaborated in August 2021 to advance second-life battery energy storage system safety and performance.

• Link Engineering Company entered a partnership with the Michigan Technical Resource Park (MITRP) in June 2020. Through this partnership, the company can increase its capabilities and products in the field of vehicle testing and is also better able to serve its clients due to its on-site full-service capabilities.

A new entrant can focus on partnering with existing service providers. Also, start-ups can focus on funding, launching new innovative products, and expanding their sales and distribution networks.

• A dedicated section focusing on the current and futuristic trends adopted by the key players operating in the electric vehicle testing, inspection, and certification market

• Extensive competitive benchmarking of the top 20 players offering a holistic view of the electric vehicle testing, inspection, and certification market landscape

• Qualitative and quantitative analysis of the electric vehicle testing, inspection, and certification market at the region and country level and granularity by application and product segments

• Cross segmentation for service type (Testing, Inspection, and Certification) and application (Vehicle Safety and Security, Communication, Battery systems, EV Charging, and Connectors) is intricately depicted in the report.

Electric vehicle testing, inspection, and certification service providers, battery manufacturers, component manufacturers, EV charging station manufacturers, and electric vehicle manufacturers can buy this report.

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