Latest Market Research Reports

  Electric Mobility Industry Data Book Covers Two-Wheeler, Three-Wheeler and Light Commercial Vehicles Markets. The global  Electric Mobility Industry  size was estimated at USD 101.67 billion in 2022. The market is expected to expand at a CAGR of 19.9% CAGR (2023-2030). Electric Three Wheeler Market Growth & Trends The global electric three wheeler market size is expected to reach USD 1.57 billion by 2030 with a CAGR growth of 7.5% from 2022 to 2030, according to a new report by Grand View Research, Inc. The market growth of electric three wheelers is attributed to factors such as the increasing inclination towards electric vehicles as a sustainable, and efficient alternative for public commuting. The increasing carbon emission level in the environment by fossil fuel-powered conventional vehicles has become a significant concern for governmental and environmental organizations. This has resulted in electric three-wheeler vehicles being perceived as a solution to redu...

  Electric Mobility Industry Data Book Covers Two-Wheeler, Three-Wheeler and Light Commercial Vehicles Markets. The global  Electric Mobility Industry  size was estimated at USD 101.67 billion in 2022. The market is expected to expand at a CAGR of 19.9% CAGR (2023-2030). Electric Three Wheeler Market Report Highlights The global electric three wheeler market size was valued at USD 1.28 billion in 2022, and it is expected to reach USD 1.57 billion by 2030 with a CAGR growth of 7.7% CAGR (2023-2030). The 1000 W to 1500 W segment has observed the highest market share in 2021 due to its affordable operational cost The growth of the electric three wheeler market is linked to the demand for both electric three wheeler passenger and  commercial vehicles  in developing countries owing to a surge in last-mile delivery and commute Government initiatives in the Asia Pacific region such as PLI and FAME scheme by the Indian Government have encouraged market growth Lithium-io...