Press release
Micro Electric Vehicle Market Size is expected to reach US$ 11150 million by the end of 2027, growing at a CAGR of 5.3% during 2023-2027
A micro electric vehicle (EV) is a four-wheeled electric powered micro vehicle with an attainable speed of more than 20 miles per hour but not more than 25 miles per hour (in China, not more than 70 kilometers per hour) on a paved surface, and it usually has a gross vehicle weight rating (GVWR) of less than 3,000 pounds.
Global Micro Electric Automotive (Micro EVs) key players include Yogomo, Shifeng, Dojo, Byvin, Textron, etc.
China is the largest market, followed by Europe, and North America.
In terms of product, Lead-acid Battery EVs is the largest segment, with a share over 75%. And in terms of application, the largest application is Personal Use, followed by Commercial Use, Public Utilities.
The global Micro Electric Automotive (Micro EVs) market was valued at US$ 7655 million in 2020 and it is expected to reach US$ 11150 million by the end of 2027, growing at a CAGR of 5.3% during 2021-2027.
Download Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-38C8824/Global_Micro_Electric_Automotive_Micro_EVs_Market_Outlook_2022
By Company
• Yogomo
• Shifeng
• Textron
• Dojo
• Byvin
• Polaris
• Lichi
• Baoya
• Tangjun
• Yamaha
• Fulu
• Xinyuzhou
• GreenWheel EV
• Incalu
• Kandi
• Renault
• APACHE
• Garia
• Zheren
• Ingersoll Rand
• CitEcar Electric Vehicles
• Eagle
• Taiqi
By Type
• Lead-acid Battery EVs
• Lithium-ion Battery EVs
By application
• Personal Use
• Commercial Use
• Public Utilities
View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-38C8824/global-micro-electric-automotive-micro-evs
Similar Reports:
1. https://reports.valuates.com/reports/ALLI-Manu-1E46/micromobility
2. https://reports.valuates.com/market-reports/ALLI-Auto-0O416/electric-bike
3. https://reports.valuates.com/reports/ALLI-Manu-3F64/folding-bike
Phone:
U.S. (TOLL FREE) : +1 (315) 215-3225
India: +91 8040957137
Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Micro Electric Vehicle Market Size is expected to reach US$ 11150 million by the end of 2027, growing at a CAGR of 5.3% during 2023-2027 here
News-ID: 3050710 • Views: …
More Releases from Valuates Reports
L3 Self-driving Vehicle Market: Revenue Share, Insights & Future Outlook
L3 Self-driving Vehicle Market
The global market for L3 Self-driving Vehicle was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of % during the forecast period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the…
Network Connections Single Phase Electricity Smart Meter Market Revenue Share, I …
Network Connections Single Phase Electricity Smart Meter Market
The global market for Network Connections Single Phase Electricity Smart Meter was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of % during the forecast period.
Download Free Data: https://reports.valuates.com/request/sample/QYRE-Auto-30F7253/China_Network_Connections_Single_Phase_Electricity_Smart_Meter_Market?utm_source=Openpr&utm_medium=Referral
What Is Driving the Growth of the Network Connections Single Phase Electricity Smart Meter Market?
Smart electricity meters are…
AI-powered ESG Reporting Software Market Revenue Share, Insights & Future Outloo …
AI-powered ESG Reporting Software Market Size
The global market for AI-powered ESG Reporting Software was valued at US$ 841 million in the year 2024 and is projected to reach a revised size of US$ 2524 million by 2031, growing at a CAGR of 17.0% during the forecast period.
North American market for AI-powered ESG Reporting Software is estimated to increase from $ million in 2024 to reach $ million by 2031, at…
Electric & Hydraulic Wellhead Drives for Onshore Market Revenue Share, Insights …
Electric & Hydraulic Wellhead Drives for Onshore Market
The global market for Electric & Hydraulic Wellhead Drives for Onshore was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
A wellhead is the component at the surface of an oil or gas well that provides the structural and pressure-containing interface for…
More Releases for Micro
Micro and Ultra-Micro Balances Market Size Report 2025
"Global Micro and Ultra-Micro Balances Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031" is published by Global Info Research. It covers the key influencing factors of the Micro and Ultra-Micro Balances market, including Micro and Ultra-Micro Balances market share, price analysis, competitive landscape, market dynamics, consumer behavior, and technological impact, etc.At the same time, comprehensive data analysis is conducted by national and regional sales, corporate competition rankings,…
Micro Mobility Revolution: Exploring the Growing Micro Cars Market
The term micro car is used for small-sized and lightweight cars, with an engine small than 700 cc. Bubble cars, cycle cars and quadricycles are defined as micro cars. This is usually three-wheeled and four-wheeled vehicle, available for personal and commercial usage. It is often used as a second or commuter car due to its low cost and fuel efficiency. This car is suitable for urban and suburban environment, as…
Micro Injection Molded Plastic Market worth $1,692 million by 2026 | Key players …
According to recent market research the "Micro Injection Molded Plastic Market by Material Type (Liquid-Crystal Polymer (LCP), Polyether Ether (PEEK), Polycarbonate (PC), Polyethylene (PE), Polyoxymethylene (POM)), Application and Region - Global Forecast to 2026", published by MarketsandMarkets, the micro injection molded plastic market is projected to reach USD 1,692 million by 2026, at a CAGR of 11.2% from USD 995 million in 2021.
Micro injection molded plastics are made of micro…
Micro Combined Heat & Power (Micro CHP) Market 2022 | Detailed Report
The Micro Combined Heat & Power (Micro CHP) research report combines vital data incorporating the competitive landscape, global, regional, and country-specific market size, market growth analysis, market share, recent developments, and market growth in segmentation. Furthermore, the Micro Combined Heat & Power (Micro CHP) research report offers information and thoughtful facts like share, revenue, historical data, and global market share. It also highlights vital aspects like opportunities, driving, product scope,…
Micro-Invasive Glaucoma Implants Micro-Invasive Glaucoma Implants
Global Micro-Invasive Glaucoma Implants Market Definition: Micro-invasive glaucoma implants is performed for the treatment of the open- angle glaucoma and is done through an ab- interno approach. It is very safe and provides faster recovery as compared to the traditional methods. They usually lower the intraocular by increasing the flow or reducing the production of the aqueous humor. Increasing cases of the glaucoma worldwide is the major factor fueling the…
Comprehensive Analysis On Micro Welding Equipment Market 2019 : Pro-Fusion, OR L …
Up Market Research added a new Micro Welding Equipment Market research report for the period of 2019 – 2026. Report focuses on the major drivers and restraints providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.
Get Sample Copy Of This Report @
https://www.upmarketresearch.com/home/requested_sample/108038
The report contains 112 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing…
