Electric Vehicle Range Extender Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Global Electric vehicle range extender market has been segmented by Type (ICE Range Extender, Fuel Cell Range Extender and Others), by Component type (Battery Pack, Electric Motor, Generator, and Power Converter), by Vehicle Type (Passenger Cars and Commercial Vehicles), and by Geography (North America, Europe, Asia-Pacific, and Rest of the world). The report offers market size and forecast for Electric Vehicle Range Extender market in value (USD Billion) for all the above segments.

Electric Vehicle Range Extender Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Electric Vehicle Range Extender Industry Overview

The Electric Vehicle range extender market is moderately consolidated one due to the presence of major players in the market holding majorty market shares. Moreover, several companies are focusing on organic growth strategies such as product launches, mergers and acquisitions to strengthen their presence in the market. For instance,

  • In March 2019, MAHLE's acquisition of the German transmission specialist ZG-Zahnräder und Getriebe GmbH adds significant extra transmission expertise to MAHLE Powertrain, one of the leading independent specialists in high-efficiency propulsion systems in Europe. This acquisition focuses on enhancing integrated development of entire powertrain, optimizing balance of performance, efficiency, packaging and NVH.

Some of the major players in the market include Mahle International GmbH, Rheinmetall Automotive, Ceres Power Holdings plc, Ballard Power Systems Inc and among others.

Electric Vehicle Range Extender Market Leaders

  1. MAHLE International GmbH

  2. Rheinmetall Automotive

  3. Ceres Power Holdings plc

  4. Ballard Power Systems Inc

  5. AVL Group

  6. *Disclaimer: Major Players sorted in no particular order
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