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Electric Three-Wheeler Market Share

Report ID: GMI5695
Published Date: May 2023
Report Format: PDF

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Electric Three-Wheeler Market Share

Some of the major players operating in the electric three-wheeler market are:

Adapt Motors Pvt. Ltd.
Altigreen
Atul Auto Limited
Bajaj Auto
Bodo Vehicle Group Co., Ltd.
Champion Ploypast
Changzhou Yufeng Vehicle Co., Ltd.
Dili Electric
Electrode
E-Tuk Factory
Euler Motors

These players focus on strategic partnerships and new service launches for market expansion. Moreover, these players are heavily investing in research, allowing them to introduce innovative solutions and garner maximum revenue in the market.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of electric three-wheeler market exceeded USD 30 billion in 2022 and will expand at 16% CAGR during 2023 to 2032, explains GMI report.

The 1,000 - 1,500W electric three-wheelers industry will record 18% growth during 2023-2032 owing to the new vehicle launches and developments in powertrains.

Asia Pacific is the dominant region in the electric three-wheeler business with over 95% share recorded in 2022 due to the presence of supportive government policies & rapidly expanding charging infrastructure.

Adapt Motors Pvt. Ltd., Altigreen, Atul Auto Limited, Bajaj Auto, Bodo Vehicle Group Co., Ltd., Champion Ploypast, Changzhou Yufeng Vehicle Co., Ltd., Dili Electric, Electrode, E-Tuk Factory, and Euler Motors, among others.