Low Speed Electric Vehicle Market Research Data

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Low Speed Electric Vehicle Market by Product,
Voltage, Geography, Trends, Drivers and
Competitive Landscape
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Based on product, the Low Speed Electric Vehicle
Market is categorized into two-wheelers,
three-wheelers, and four-wheelers. Two-wheeler is
the most preferred category due to the popularity
of electric bicycles and electric scooters, and
their comparatively high use in personal
transport than other electric vehicles. In
addition, the fastest growth during the forecast
period is expected from the two-wheeler category.
3
Global LSEV market is projected to reach 68
billion by 2025.The growth of the market is
majorly driven by rising environmental awareness
and increasing government support. By type of
two-wheeler, the LSEV market is categorised into
electric scooter, motorcycle, bikes, kick
scooter, and mono wheel. Among these, electric
bikes held the highest revenue share in the
market, valuing over 50 in 2017. Electric
scooters can reach top-speeds of 25-50km/hr, and
are comfortable for long distance commuting.
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Explore Full Report Description At_at_
https//www.psmarketresearch.com/market-analysis/l
ow-speed-electric-vehicle-market Globally,
Asia-Pacific is the largest market for low speed
electric vehicles, followed by North America and
Europe. The Asia-Pacific market is led by China,
which accounted for the largest share in terms of
revenue in 2017, valued at more than 90.Europe
is the second largest LSEV market in the
world.  Some of the major players operating in
the LSEV industry are Terra Motors Corporation,
Zero Motorcycles Inc., Changzhou Yufeng Vehicle
Co. Ltd., Jiangsu Kingbon Vehicle Co. Ltd., Hero
Electric Vehicles Pvt. Ltd., Jiangsu East
Yonsland Vehicle Manufacturing Co. Ltd., ZHIDOU
Electric.
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