Electric Three Wheeler Market in APAC 2016-2020

About Electric Three Wheeler

The global automotive industry consists of two categories of vehicles based on engine type:
Internal combustion engine (ICE)
Electric vehicle (EV)
Conventional ICE-based three-wheelers are widely used commercial vehicles that transport goods and passengers. EVs are gaining popularity because ICE-based vehicles tend to emit carbon monoxide, oxides of nitrogen, hydrocarbons, and other particulate matters, resulting in environmental pollution. EVs, such as electric three-wheelers, are environment-friendly and a fuel-saving alternative to liquid fuel-powered three-wheelers. These are mostly preferred for short-range travel requirements.

Technavios analysts forecast the electric three-wheeler market in APAC to grow at a CAGR of 7.23% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the electric three-wheeler market in APAC for 2016-2020. To calculate the market size, the report considers the total production by OEMs of electric three-wheelers.
Based on production, the market is segmented into the following regions:
China
India
Japan

Technavios report, Electric Three Wheeler Market in APAC 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Chongqing Bajaj Machinery
Qiangsheng Electric Tricycle Factory
Scooters India
Terra Motors

Market driver
Subsidy schemes
For a full, detailed list, view our report

Market challenge
Range and performance
For a full, detailed list, view our report

Market trend
Improvements in battery technology
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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