Global Small Electric Vehicle Market Key Trends and Forecasts by 2030
Small Electric Vehicle Market, valued at USD 16.50 billion in 2023, is projected to grow to USD 68.65 billion by 2030, at a CAGR of 22.59% during the forecast period. These vehicles are propelled by electric motors powered through off-vehicle electricity sources, batteries, solar panels, or fuel-based electric generators. Factors such as generous subsidies, stringent regulations,...
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