NEW YORK, July 14, 2021 /PRNewswire/ — The surging investments being made in electric off-highway vehicles, mushrooming number of collaborations and partnerships, and rapid advancements being made in technologies are some of the major factors fueling the progress of the global electric off-highway vehicle market. As a result, the market revenue increased to $6,399.5 million in 2020, according to P&S Intelligence.
The COVID-19 pandemic negatively impacted the electric off-highway market, primarily because of the imposition of lockdowns in several countries, shutting down of manufacturing facilities, and the reduction in the workforce size. The manufacturing sector was hit very badly and it witnessed a sharp fall in product sales. However, the situation is getting better in many countries, which is helping the sector recover.
Get the sample copy this report @ https://www.psmarketresearch.com/market-analysis/off-road-electric-vehicles-market/report-sample
The market is classified into agriculture, mining, and construction, depending on application. Out of these, the construction…
