Press release
Global Electric Three-Wheeler Market Growth by 15% of CAGR by 2023 | Manufacturers: Lohia Auto Industries, Hero Electric Vehicles Pvt Ltd, Saera Electric Auto Pvt. Ltd etc.
Electric Three-Wheeler Market
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Electric Three-Wheeler Market: Competitive Dynamics
Companies, such as Lohia Auto Industries, Hero Electric Vehicles Pvt Ltd, Saera Electric Auto Pvt. Ltd., Kinetic Green Energy & Power Solutions Ltd., Terra Motors India Corp., and Clean Motion are the key players in manufacturing Electric Three-Wheelers in India.
Electric Three-Wheeler Market Analysis:
The auto industry in India is one of the largest automotive industries globally. The automotive industry accounts for more than 8% of the country’s GDP. The three-wheeler segment is the second fastest growing industry after two-wheeler. Walking or cycling for longer distances is not possible, thus more demand for electric three-wheeler vehicle like e-auto rickshaws are surging. Government’s initiative to provide e-rickshaws for convenient and pollution free transportation is another major reason for the growth of the market.
Electric Three-Wheeler Market Scope:
The India Electric Three-Wheeler market is segmented on the basis of vehicle type, battery type, and battery capacity. On the basis of vehicle type, the market is segmented into Passenger Carrier and Load Carrier. On the battery capacity basis, the market is segmented into 101Ah. Based on battery type, the market is divided into Lead Acid Battery, Lithium-ion Battery and Nickel Metal Hydride Battery.
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Regional Analysis:
• North Region
• East Region
• West Region
• South Region.
Report Benefits:
• Global and regional Electric Three-Wheeler Market forecasts from 2018 to 2023
• Identify Electric Three-Wheeler Market trends, challenges, and opportunities
• Identify leading service providers of Electric Three-Wheeler Market
• Analysis of Electric Three-Wheeler value chain, technology readiness, use cases, and services
• Know the full stack Electric Three-Wheeler vendor landscape including core technology and supporting technology.
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