| Product Code: ETC6677246 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The electric vehicle traction motor import shipments to Cape Verde in 2024 saw a notable decrease in both the CAGR and growth rate compared to previous years. The top exporting countries, including Portugal, Senegal, Spain, USA, and China, continued to dominate the market. The market concentration, as measured by the HHI, remained high in 2024, indicating a competitive landscape. The negative growth rates suggest challenges in the market, highlighting the need for strategic adjustments to drive future growth and innovation in the electric vehicle sector in Cape Verde.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cape Verde Electric Vehicle Traction Motor Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Electric Vehicle Traction Motor Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Electric Vehicle Traction Motor Market - Industry Life Cycle |
3.4 Cape Verde Electric Vehicle Traction Motor Market - Porter's Five Forces |
3.5 Cape Verde Electric Vehicle Traction Motor Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Cape Verde Electric Vehicle Traction Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government incentives and subsidies promoting the adoption of electric vehicles in Cape Verde. |
4.2.2 Increasing environmental awareness and concerns about reducing carbon emissions. |
4.2.3 Technological advancements in electric vehicle traction motor efficiency and performance. |
4.3 Market Restraints |
4.3.1 High initial costs associated with electric vehicles and traction motors. |
4.3.2 Limited availability of charging infrastructure in Cape Verde. |
4.3.3 Concerns about the range and battery life of electric vehicles in the market. |
5 Cape Verde Electric Vehicle Traction Motor Market Trends |
6 Cape Verde Electric Vehicle Traction Motor Market, By Types |
6.1 Cape Verde Electric Vehicle Traction Motor Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Electric Vehicle Traction Motor Market Revenues & Volume, By Vehicle Type, 2021- 2031F |
6.1.3 Cape Verde Electric Vehicle Traction Motor Market Revenues & Volume, By BEV, 2021- 2031F |
6.1.4 Cape Verde Electric Vehicle Traction Motor Market Revenues & Volume, By PHEV, 2021- 2031F |
7 Cape Verde Electric Vehicle Traction Motor Market Import-Export Trade Statistics |
7.1 Cape Verde Electric Vehicle Traction Motor Market Export to Major Countries |
7.2 Cape Verde Electric Vehicle Traction Motor Market Imports from Major Countries |
8 Cape Verde Electric Vehicle Traction Motor Market Key Performance Indicators |
8.1 Average utilization rate of existing charging stations in Cape Verde. |
8.2 Percentage of new vehicle registrations that are electric vehicles. |
8.3 Growth in the number of electric vehicle models available in Cape Verde. |
8.4 Research and development investment in improving electric vehicle traction motor efficiency. |
9 Cape Verde Electric Vehicle Traction Motor Market - Opportunity Assessment |
9.1 Cape Verde Electric Vehicle Traction Motor Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Cape Verde Electric Vehicle Traction Motor Market - Competitive Landscape |
10.1 Cape Verde Electric Vehicle Traction Motor Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Electric Vehicle Traction Motor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |