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L7 and L6 Quadricycles Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

06-13-2024 09:17 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

L7 and L6 Quadricycles Market
The quadricycle is a European Union vehicle category for four-wheeled microcars, which allows these vehicles to be designed to less stringent requirements when compared to regular cars. Quadricycles are defined by limitations in terms of weight, engine power and speed.
There are two categories of quadricycles: light quadricycles (L6e) and heavy quadricycles (L7e).
Light quadricycles (L6e) are defined by Framework Directive 2002/24/EC as: "motor vehicles with four wheels whose unladen mass is not more than 425 kg, not including the mass of the batteries in case of electric vehicles, whose maximum design speed is not more than 45 km/h, and:
Whose engine cylinder capacity does not exceed 50 cm3 for spark (positive) ignition engines, or
Whose maximum net power output does not exceed 6 kW in the case of other (e.g. diesel fuelled) internal combustion engines, or
Maximum continuous rated power does not exceed 6 kW in the case of electric.
Heavy quadricycles (L7e), also referred to as Heavy quadricycles, are defined by Framework Directive 2002/24/EC as motor vehicles with four wheels other than those referred to as light quadricycles, whose unladen mass is not more than 450 kg for passenger vehicles or 600 kg for vehicles intended for carrying goods not including the mass of batteries in the case of electric vehicles, whose maximum net engine power does not exceed 15 kW and a maximum design vehicle speed of 90 km/h.
According to new survey, global L7 and L6 Quadricycles market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029.
In Europe market, the key players of L7 and L6 Quadricycles include Ligier Group, Tazzari Zero, Aixam (Polaris), Automobiles Chatenet and Renault, etc. The top five players hold a share over 80%. In terms of product type, ICE is the largest segment, occupied for a share of about 60%.

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Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global L7 and L6 Quadricycles market with multiple angles, which provides sufficient supports to readers' strategy and decision making.

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Segment by Type
• ICE
• Electrical

Segment by Application
• Commercial
• Home

By Company
Ligier Group, Tazzari Zero, Aixam (Polaris), Automobiles Chatenet, Renault

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https://reports.valuates.com/market-reports/QYRE-Auto-21S16345/global-l7-and-l6-quadricycles

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