Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries; however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the electric three-wheeler market.
Frequently Asked Questions:
- Based on segmentation by end-user, which is the leading segment in the market?
The passenger carrier is the leading segment in the market.
- What is the major trend in the market?
The push toward alternative energy vehicle globally is the major trend in the market.
- At what rate is the market projected to grow?
The market is projected to accelerate at a CAGR of almost 7%.
- Who are the top players in the market?
Bodo Vehicle Group Co. Ltd., E-Tuk Factory BV, Goenka Electric Motor Vehicles Pvt. Ltd, Kerala Automobiles Ltd., Kinetic Green Energy & Power Solutions Ltd., LOHIA AUTO INDUSTRIES, Mahindra Electric Mobility Ltd., Omega Seiki Private Limited, Piaggio & C….