Research Methodology – Electric Vehicle Finance Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Electric Vehicle Finance Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Electric Vehicle Finance Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- Market revenue from Electric Vehicle manufacturers.
- Vehicle sales data globally and regionally.
- The average cost of Electric Vehicles (EVs).
- Government policies or incentives for EVs.
- Supply chain and distribution channel data of EV.
- Average interest rates for EV financing.
- Number of financial institutions offering EV financing.
- Consumer preferences and buying behaviors.
- Market competition and key player strategies.
Key Market Indicators
- Gross Domestic Product (GDP) of countries and world regions.
- Consumer confidence index.
- Trend of urbanization and disposable income.
- Technological advancements in the EV industry.
- Number of financial institutions offering EV financing.
- EV adoption statistics.
- R&D investment in the electric vehicle sector.
- Environmental regulations on carbon emissions.
- Declining cost of EV batteries.
Growth Trends
- Rise in electric vehicle adoptions globally.
- Increasing investment in EV charging infrastructure.
- Increasing environmental awareness and sustainability trends.
- Technology advancements in EV battery performance and life-span.
- Increasing partnerships between EV manufacturers and financial institutions.
- Government initiatives and favorable policies for EVs.
- Development of autonomous and self-driving electric cars.
- Growth of ride-sharing and mobility services with EVs.
- Growth of renewable energy and its use in EV charging.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Electric Vehicle Finance Market. Key inputs include:
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Electric Vehicle Finance Market
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights
Available for purchase with detailed segment data, forecasts, and regional insights.
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