APAC Automotive High Performance Electric Vehicles Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Asia-Pacific Automotive High-Performance Electric Vehicles Market is segmented by Propulsion Type (Plug-in Hybrid and Pure Electric), Vehicle Type (Passenger Cars and Commercial Vehicles), and by Country (China, Japan, India, South Korea, and the Rest of Asia-Pacific). The report offers market size and forecasts Asia-Pacific Automotive High-Performance Electric Vehicles in terms of value (USD Billion) for all the above segments.

APAC Automotive High Performance Electric Vehicles Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

APAC Automotive High Performance Electric Vehicles Market Size

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APAC Automotive High Performance EV Market size and growth rate (CAGR) chart from 2025 to 2030
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
CAGR 25.00 %
Market Concentration High

Major Players

Top five companies in the APAC Automotive High Performance EV Market

*Disclaimer: Major Players sorted in no particular order

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APAC Automotive High Performance Electric Vehicles Market Analysis

The Asia Pacific Automotive High Performance Electric Vehicles Market is expected to register a CAGR of 25% during the forecast period.

The pandemic of COVID-19 had a minor impact on the APAC Automotive High-Performance Electric Vehicle market. The global lockdown significantly affected the automotive industry in terms of vehicle sales. As a result, the APAC Automotive High-Performance Electric Vehicles market was also affected. However, with rising environmental concerns, demand for electric vehicles is expected to rise, reviving the market's economic conditions following the pandemic.

Over the long term, growing awareness of vehicle emissions such as CO2, lower operating and maintenance costs, and increasing government initiatives to encourage the use of electric vehicles may contribute significantly to the growth of high-performance electric cars. In countries such as China, Japan, and Korea, consumer perception and willingness to purchase automobiles with new technologies drive demand for these vehicles. China and Japan are the region's most significant contributors to the EHPV market. The adoption of battery-electric vehicles in China has increased across the country.

Although these vehicles have only recently been introduced and their technology is still in its early stages, their growing popularity is expected to propel the market for HPEV in the Asia-Pacific region.

APAC Automotive High Performance Electric Vehicles Industry Overview

The most prominent players in the high-performance electric vehicle market are Toyota Motor Corporation, Daimler (Mercedes-Benz), BMW, Hyundai, Nissan, and Kia. OEMs are concentrating on developing more affordable electric vehicles with more fantastic ranges. For instance,

  • November 2022: Hindustan Motors announced the signing of a Memorandum of Understanding (MOU) to expand its electric vehicle domain across the border to improve the production of an eco-friendly electric vehicle.

Toyota planned to introduce more plug-in hybrid versions of existing vehicle models due to rising sales of plug-in hybrid vehicles in Asia Pacific, particularly in China. The company intends to introduce plug-in hybrid versions of the Corolla and Levin in the country.

Furthermore, General Motors, the US automaker, plans to launch more than ten plug-in hybrid electric vehicles, including PHEV versions of existing models such as the Cadillac CT6, which may be manufactured in Shanghai. The company's joint venture with SAIC is expected to be the country's manufacturing plant for plug-in hybrid vehicles.

APAC Automotive High Performance Electric Vehicles Market Leaders

  1. Toyota Motor Corporation

  2. BMW

  3. Nissan Motor Co. Ltd

  4. BYD Auto Co.,

  5. Hyundai

  6. *Disclaimer: Major Players sorted in no particular order
Market concentration analysis of the APAC Automotive High Performance EV Market
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APAC Automotive High Performance Electric Vehicles Market News

  • October 2022: Kia, based in South Korea, has unveiled the EV6 GT, a high-performance electric model. According to the company, the improved variant was released in the domestic market in October.
  • November 2022: Pravaig, an automotive start-up, has released its first SUV, the electric Defy.
  • May 2021: Hyundai Motor Group announced its plans to slash the number of combustion engine models to free up resources to invest in electric vehicle production. Also, in April 2021, Hyundai confirmed the upgrade of the existing Kona electric vehicle for conversion into a performance vehicle under the N division of the company.

APAC Automotive High Performance Electric Vehicles Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size in USD Billion)

  • 5.1 By Propulsion Type
    • 5.1.1 Plug-in-hybrid Vehicle
    • 5.1.2 Pure Electric Vehicle
  • 5.2 By Vehicle Type
    • 5.2.1 Passenger Cars
    • 5.2.2 Commercial Vehicles
  • 5.3 By Country
    • 5.3.1 China
    • 5.3.2 Japan
    • 5.3.3 India
    • 5.3.4 South Korea
    • 5.3.5 Rest of Asia-Pacific

6. COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share
  • 6.2 Company Profiles*
    • 6.2.1 Toyota Motor Corporation
    • 6.2.2 BMW AG
    • 6.2.3 Nissan Motor Co. Ltd
    • 6.2.4 BYD Co. Ltd
    • 6.2.5 Hyundai Motor Company
    • 6.2.6 General Motors
    • 6.2.7 Kia Motors Corporation
    • 6.2.8 Honda Motor Co. Ltd
    • 6.2.9 Volkswagen AG
    • 6.2.10 Groupe Renault
    • 6.2.11 Daimler AG (Mercedes-Benz)

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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APAC Automotive High Performance Electric Vehicles Industry Segmentation

Automotive High-Performance Electric Vehicles differ from other electric vehicles in several ways, including a more extended range of distance (over 150 miles on a single charge), high acceleration, and the ability to reach speeds of over 90 miles per hour with a faster acceleration of 0 to 60 miles per hour.

The Asia-Pacific Automotive High-Performance Electric Vehicles Market is segmented by Propulsion Type (Plug-in Hybrid and Pure Electric), Vehicle Type (Passenger Cars and Commercial Vehicles), and by Country (China, Japan, India, South Korea, and the Rest of Asia-Pacific).

By Propulsion Type Plug-in-hybrid Vehicle
Pure Electric Vehicle
By Vehicle Type Passenger Cars
Commercial Vehicles
By Country China
Japan
India
South Korea
Rest of Asia-Pacific
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APAC Automotive High Performance Electric Vehicles Market Research FAQs

What is the current Asia Pacific Automotive High Performance Electric Vehicles Market size?

The Asia Pacific Automotive High Performance Electric Vehicles Market is projected to register a CAGR of 25% during the forecast period (2025-2030)

Who are the key players in Asia Pacific Automotive High Performance Electric Vehicles Market?

Toyota Motor Corporation, BMW, Nissan Motor Co. Ltd, BYD Auto Co., and Hyundai are the major companies operating in the Asia Pacific Automotive High Performance Electric Vehicles Market.

What years does this Asia Pacific Automotive High Performance Electric Vehicles Market cover?

The report covers the Asia Pacific Automotive High Performance Electric Vehicles Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Asia Pacific Automotive High Performance Electric Vehicles Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

APAC Automotive High Performance Electric Vehicles Industry Report

Statistics for the 2025 Asia Pacific Automotive High Performance Electric Vehicles market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia Pacific Automotive High Performance Electric Vehicles analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.