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Asia Pacific Electric 3 Wheeler Market
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Asia Pacific Electric 3 Wheeler Market

Home Automotive And Transportation Asia Pacific Electric 3 Wheeler Market

Asia Pacific Electric 3-Wheeler Market, By End Use (Load Carrier, Passenger Carrier), By Range (Up to 50 miles, Above 50 miles, Others), By Battery Type (Lithium-ion, Lead-acid, Other), By Battery Capacity (Below 3 kWh, 3-6 kWh, Above 6 kWh), By Power Type (Up to 1000 W, 1000 W to 1500 W, Above 1500 W), By Country (China, India, Japan, South Korea, Thailand, Vietnam, Philippines, Indonesia, Singapore, Australia, Rest of Asia-Pacific); Trend Analysis, Competitive Market Share & Forecast, 2018-2028

  • Published Date: October 2022
  • Report ID: BWC22472
  • Available Format: PDF
  • Page: 243

Report Overview

The Asia Pacific electric 3-wheeler market is expected to rise due to the region's quick engineering and manufacturing advancements as well as the governments' increased implementation of pollution restrictions. Additional factors driving the Asia Pacific electric 3-wheeler market expansion include the change of APAC electrical car manufacturers toward sustainable development and battery technologies for electric vehicles.

Asia-Pacific Electric 3-Wheeler Market - Industry Trends & Forecast Report 2028

Asia-Pacific Electric 3-Wheeler market was 229.2 thousand units in 2021 and is projected to reach 853.6 thousand units by 2028, exhibiting a CAGR of 20.9% in the forecast period. The Asia Pacific electric 3-wheeler market is expected to rise due to the region's quick engineering and manufacturing advancements as well as the governments' increased implementation of pollution restrictions. Additional factors driving the Asia Pacific electric 3-wheeler market expansion include the change of APAC electrical car manufacturers toward sustainable development and battery technologies for electric vehicles.

Asia-Pacific Electric 3-Wheeler Market

Electric 3-Wheeler - Overview

An electric three-wheeler commonly referred to as an electric rickshaw or e-rickshaw, is a three-wheeled vehicle with an electric motor used to transport people and other goods. It includes a rechargeable battery that the vehicle's electric motor uses as energy. Most people view an electric bike as a standard urban and suburban transportation mode. Additionally, whereas in the past, batteries were charged after being removed from the vehicle, newer three-wheelers feature plug-in charging possibilities. After 2012, electric three-wheelers became more popular and are now a competitive alternative to pedal and gas-powered automobiles. An electric three-wheeler has significantly lower average operating and maintenance expenses than regular three-wheelers. As a result of its widespread appeal, the three-wheeler is widely recognized as a low-budget vehicle among the other electric vehicles. It is thus positioned as an affordable means of intermediate public transportation for short and medium distances.

Asia-Pacific Electric 3-Wheeler Market Forecast and Trends

Growth Drivers

Improvements in Battery Technology

In an electric 3-wheeler, the battery is a crucial part. Lead-acid or lithium-ion batteries were used in most electric 3-wheelers until 2020. Even when the weather is bad, lithium batteries perform well. Due to the growing popularity of electric 3-wheelers on the road, there will likely be a rise in demand for lithium-ion batteries in the near future. Lithium-ion batteries should become more efficient with the help of new breakthroughs in battery chemistry. Leading battery tech firm Saftbatteries claims that new advancements in battery technology can also triple the amount of energy that can be stored and improve a battery's lifespan by five times. In 2009, battery costs rose to as high as almost USD 1,000/kWh. But different laws and economies of scale have brought down the price of batteries. Manufacturers of electric vehicles and their components research to expand battery pack capacities while cutting costs to enable a variety of electric vehicles.

Demand will Increase Due to Consumers' Growing Preference for Electric Vehicles Over Conventional Vehicles.

The demand for electric vehicles among society has been greatly influenced by the growing awareness of automobile emissions and the environmental issues they cause, particularly for public transit. Many nations with sizable populations and low to moderate economic levels frequently use 3-wheelers, typically powered by IC engines. However, many of these three-wheelers with IC engines are now outdated and inefficient, resulting in significant carbon dioxide and particulate matter emissions. The producers of 3-wheelers powered by electric motors discovered the primary market potential. To strengthen their positions among the major competitors in the electric three-wheeler market, they have raised the amount of money they spend on R&D.

Restraints

Increased Costs and Lack of Standardized Charging Infrastructure Could Impede Growth

Due to the high cost of batteries, three-wheeler electric vehicles are much more expensive than three-wheelers fueled by fossil fuels. As a result, customers in emerging nations' middle and lower middle classes continue to favor conventional fuel automobiles. Thus, changing the batteries could push up their running costs even further, which is then anticipated to limit market expansion in the short term. Additionally, the lack of infrastructure for charging and the scarcity of charging stations in developing nations will likely slow the market expansion. The main drawbacks of the market are the lack of standards and variations in charging capacity. Different nations have their own defined standards, including CCS (Europe, America, and Korea), GB/T (China), and CHAdeMO (Japan). However, encouraging interoperability between charging network providers and drivers is helping to improve the user experience of the infrastructure. Additionally, certain electrical manufacturers like Tesla are putting their charging networks in place in an effort to get around this obstacle. As a result, major players intend to grow their operations and find answers to these problems.

Impact of COVID-19 on Asia-Pacific Electric 3-Wheeler Market

The COVID pandemic significantly impacted the market since it caused supply chain disruptions throughout the APAC region and the shutdown of production facilities there. The main supportive elements that restrained the market expansion during the pandemic included difficulties in public transit operations brought on by social distancing restrictions and liquidity problems experienced by small component manufacturers throughout the APAC region. A NITI Aayog research claims that India's second wave of COVID has severely disrupted the electric three-wheeler market. Additionally, as manufacturing facilities gradually reopened in the APAC area, advances in volume-based production are contributing to the market's increasing sales of electric three-wheelers.

Asia-Pacific Electric 3-Wheeler Market - By End User

Based on the end use type, the market is further segmented into load carriers and passenger carriers. The passenger carrier sector holds an important portion of the global market. This dominance is attributable to the high pace of population increase, particularly in developing nations where there is a greater middle-class population who prefers public transportation to private vehicles for everyday commuting. Additionally, there is a growing demand for last-mile connectivity, and electric three-wheelers, which are more cost-effective and ecologically friendly than taxis and cabs, are becoming quite popular on the market.

Additionally, it is projected that the government's expanding support and supportive activities to promote eco-friendly public transport in various urban and suburban areas of the country will accelerate the adoption of E-3Ws in the worldwide market. Compared to traditional 3Ws, operation and maintenance costs are roughly 80% lower, which benefits both the driver and the clients. Therefore, the market for electric passenger carriers will continue to grow due to this benefit.

Asia-Pacific Electric 3-Wheeler Market - By Power Type

Based on the power type, the market is segmented into up to 1000 W, 1000 W to 1500 W, and above 1500 W. Due to their lower running costs, the 1000 W to 1500 W sector holds the biggest share of the global market. The development of high-energy powered vehicles by well-known manufacturers is credited with this expansion. Manufacturers are being forced to spend on R&D and boost vehicle power capacities to satisfy the ever-increasing demands due to the rising trend towards electrification of cars and the rising demand for E-3Ws, particularly in developing nations. Additionally, quick industrialization creates prospects for E-3Ws with high energy capacities that can transport loads and cargo over great distances. Additionally, the rise in popularity of high-speed electric three-wheelers and the entry of traditional three-wheeler manufacturers into the EV industry are anticipated to significantly accelerate the growth of the electric three-wheeler market during the anticipated period.

Asia-Pacific Electric 3-Wheeler Market - Regional Insights

India now maintains the largest market share thanks to extremely beneficial government regulations for electric vehicles and growing infrastructural facilities, which are the main factors thought to be driving market expansion in the area. Private logistics companies have been encouraged by government policies to use electric 3-wheelers, and the main driving force behind adoption is to lessen their carbon footprint. The transition to electric 3-wheelers is also consistent with the Indian government's goal of lowering its carbon footprint, favoring the replacement of fuel-powered 3-wheelers with electrically driven ones. To provide electric cargo 3-wheelers Rage+ for last-mile delivery, logistics company Zyngo and electric vehicle manufacturer Omega Seiki announced their collaboration in February 2022. Industry analysts estimate that the adoption of electric cars will reduce the cost of last-mile delivery by up to 50% and reduce carbon footprint by more than 40%. The demand from third-party logistics providers and e-commerce businesses is one of the growth factors for the logistics, supply chain, and warehousing industries.

Competitive Landscape

Key players operating in the Asia-Pacific electric 3-wheeler market are Mahindra & Mahindra, Bajaj Auto, Saera Electric Auto Pvt. Ltd., Xianghe Qiansheng Electric Tricycle Factory, Lohia Auto Industries, Hero Electric Industries, Kinetic Engineering Ltd., Atul Auto Ltd., Piaggio Group, TVS Motor Co., Terra Motors Corporation, Jiangsu Kingbon Vehicle Co. Ltd., ElecTrike Japan Co. Ltd., Changzhou Yufeng Vehicle Co. Ltd., Gayam Motor Works (GMW) and other prominent players.

The Asia-Pacific Electric 3-Wheeler market is highly fragmented, with the presence of several manufacturing companies in the country. The market leaders retain their supremacy by spending on research and development, incorporating cutting-edge technology into their goods, and releasing upgraded items for customers. Various tactics are used, including strategic alliances, agreements, mergers, and partnerships.

Recent Development

  • In April 2022, Bajaj Auto intends to introduce its first electric three-wheeler commercially in the second half of 2022. This demonstrates that there would be a huge increase in demand for effective and reasonably priced electric 3-wheelers in the Indian market. OEMs are forming strategic alliances to expand their market share in the Asia Pacific for electric 3-wheelers.

  • In April 2022, The electric 3-wheeler company Atul Auto Ltd. announced plans to create a prototype with battery switching options for both cargo and passenger applications. It will use a Valeo powertrain system and the Honda Mobile Power Pack e: Swap, which is a swappable battery pack.

Scope of the Report

Attributes

Details

Years Considered

Historical data – 2018-2021

Base Year – 2021

Estimated Year - 2022

Forecast – 2022 – 2028

Facts Covered

Revenue in USD Million

Volume in Thousand Units

Market Coverage

Asia-Pacific (China, India, Japan, South Korea, Thailand, Vietnam, Philippines, Indonesia, Singapore, Australia, Rest of Asis-Pacific)

Product Service/Segmentation

By End Use, By Range, By Battery Type, By Power Type, By Country

Key Players

Key players operating in the Asia-Pacific Electric 3-Wheeler market are Mahindra & Mahindra, Bajaj Auto, Saera Electric Auto Pvt. Ltd., Xianghe Qiansheng Electric Tricycle Factory, Lohia Auto Industries, Hero Electric Industries, Kinetic Engineering Ltd., Atul Auto Ltd., Piaggio Group, TVS Motor Co., Terra Motors Corporation, Jiangsu Kingbon Vehicle Co. Ltd., ElecTrike Japan Co. Ltd., Changzhou Yufeng Vehicle Co. Ltd., Gayam Motor Works (GMW) and other prominent players.

 

By End Use

  • Load Carrier

  • Passenger Carrier

By Range

  • Up to 50 miles

  • Above 50 miles

  • Others

By Battery Type

  • Lithium-ion

  • Lead-acid

  • Other

By Power Type

  • Up to 1000 W

  • 1000 W to 1500 W

  • Above 1500 W

By Country

  • China
  • India
  • Japan
  • South Korea
  • Thailand
  • Vietnam
  • Philippines
  • Indonesia
  • Singapore
  • Australia
  • Rest of Asia-Pacific
  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. Asia-Pacific Electric 3-Wheeler Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Improvements in Battery Technology
        2. Consumers' Growing Preference for Electric Vehicles Over Conventional Vehicles
        3. Others
      2. Restraints
        1. Increased Costs
        2. Others
      3. Opportunities
        1. Increasing trend of shared mobility
        2. Others
      4. Challenges
        1. Lack of Standardized Charging Infrastructure
    3. Technological Advancements / Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. Asia-Pacific Electric 3-Wheeler Market Overview
    1. Market Size & Forecast by Value & volume, 2018–2028
      1. By Value (USD Million)
      2. By Volume (Thousand Units)
    2. Market Share & Forecast
      1. By End Use
        1. Load Carrier
        2. Passenger Carrier
      2. By Range
        1. Up to 50 miles
        2. Above 50 miles
        3. Others
      3. By Battery Type
        1. Lithium-ion
        2. Lead-acid
        3. Other
      4. By Battery Capacity
        1. Below 3 kWh
        2. 3-6 kWh
        3. Above 6 kWh
      5. By Power Type
        1. Up to 1000 W
        2. 1000 W to 1500 W
        3. Above 1500 W
      6. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Thailand
        6. Vietnam
        7. Philippines
        8. Indonesia
        9. Singapore
        10. Australia
        11. Rest of Asia-Pacific
  5. China Electric 3-Wheeler Market
    1. Market Size & Forecast by Value & volume, 2018–2028
      1. By Value (USD Million)
      2. By Volume (Thousand Units)
    2. Market Share & Forecast
      1. By End Use
      2. By Range
      3. By Battery Type
      4. By Battery Capacity
      5. By Power Type
  6. India Electric 3-Wheeler Market
    1. Market Size & Forecast by Value & volume, 2018–2028
      1. By Value (USD Million)
      2. By Volume (Thousand Units)
    2. Market Share & Forecast
      1. By End Use
      2. By Range
      3. By Battery Type
      4. By Battery Capacity
      5. By Power Type
  7. Japan Electric 3-Wheeler Market
    1. Market Size & Forecast by Value & volume, 2018–2028
      1. By Value (USD Million)
      2. By Volume (Thousand Units)
    2. Market Share & Forecast
      1. By End Use
      2. By Range
      3. By Battery Type
      4. By Battery Capacity
      5. By Power Type
  8. South Korea Electric 3-Wheeler Market
    1. Market Size & Forecast by Value & volume, 2018–2028
      1. By Value (USD Million)
      2. By Volume (Thousand Units)
    2. Market Share & Forecast
      1. By End Use
      2. By Range
      3. By Battery Type
      4. By Battery Capacity
      5. By Power Type
  9. Thailand Electric 3-Wheeler Market
    1. Market Size & Forecast by Value & volume, 2018–2028
      1. By Value (USD Million)
      2. By Volume (Thousand Units)
    2. Market Share & Forecast
      1. By End Use
      2. By Range
      3. By Battery Type
      4. By Battery Capacity
      5. By Power Type
  10. Vietnam Electric 3-Wheeler Market
    1. Market Size & Forecast by Value & volume, 2018–2028
      1. By Value (USD Million)
      2. By Volume (Thousand Units)
    2. Market Share & Forecast
      1. By End Use
      2. By Range
      3. By Battery Type
      4. By Battery Capacity
      5. By Power Type
  11. Philippines Electric 3-Wheeler Market
    1. Market Size & Forecast by Value & volume, 2018–2028
      1. By Value (USD Million)
      2. By Volume (Thousand Units)
    2. Market Share & Forecast
      1. By End Use
      2. By Range
      3. By Battery Type
      4. By Battery Capacity
      5. By Power Type
  12. Indonesia Electric 3-Wheeler Market
    1. Market Size & Forecast by Value & volume, 2018–2028
      1. By Value (USD Million)
      2. By Volume (Thousand Units)
    2. Market Share & Forecast
      1. By End Use
      2. By Range
      3. By Battery Type
      4. By Battery Capacity
      5. By Power Type
  13. Singapore Electric 3-Wheeler Market
    1. Market Size & Forecast by Value & volume, 2018–2028
      1. By Value (USD Million)
      2. By Volume (Thousand Units)
    2. Market Share & Forecast
      1. By End Use
      2. By Range
      3. By Battery Type
      4. By Battery Capacity
      5. By Power Type
  14. Australia Electric 3-Wheeler Market
    1. Market Size & Forecast by Value & volume, 2018–2028
      1. By Value (USD Million)
      2. By Volume (Thousand Units)
    2. Market Share & Forecast
      1. By End Use
      2. By Range
      3. By Battery Type
      4. By Battery Capacity
      5. By Power Type
  15. Rest of Asia-Pacific Electric 3-Wheeler Market
    1. Market Size & Forecast by Value & volume, 2018–2028
      1. By Value (USD Million)
      2. By Volume (Thousand Units)
    2. Market Share & Forecast
      1. By End Use
      2. By Range
      3. By Battery Type
      4. By Battery Capacity
      5. By Power Type
  16. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Market Share Analysis, 2021
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships.)
  17. Impact of Covid-19 on Asia-Pacific Electric 3-Wheeler Industry
  18. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) **
    1. Mahindra & Mahindra
    2. Bajaj Auto
    3. Saera Electric Auto Pvt. Ltd.
    4. Xianghe Qiansheng Electric Tricycle Factory
    5. Lohia Auto Industries
    6. Hero Electric Industries
    7. Kinetic Engineering Ltd.
    8. Atul Auto Ltd.
    9. Piaggio Group
    10. TVS Motor Co.
    11. Terra Motors Corporation
    12. Jiangsu Kingbon Vehicle Co. Ltd.
    13. ElecTrike Japan Co. Ltd.
    14. Changzhou Yufeng Vehicle Co. Ltd.
    15. Gayam Motor Works (GMW)
    16. Other prominent players

 

  1. Key Strategic Recommendations
  2. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
    4. Breakdown of Primary Research Respondents, By Country
    5. Assumptions & Limitations

 

*Financial information in case of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

 

List Of Figures

 

Figure 1        Asia-Pacific Electric 3-Wheeler Segmentation

Figure 2        Asia-Pacific Electric 3-Wheeler Market Value Chain Analysis

Figure 3        Company Market Share Analysis, 2021

Figure 4        Asia-Pacific Electric 3-Wheeler Market Size, By Value (USD Million), 2018–2028

Figure 5        Asia-Pacific Electric 3-Wheeler Market Size, By Volume (Thousand Units), 2018–2028

Figure 6        Asia-Pacific Electric 3-Wheeler Market Share, By End Use, By Value, 2018-2028

Figure 7        Asia-Pacific Electric 3-Wheeler Market Share, By End Use, By Volume, 2018-2028

Figure 8        Asia-Pacific Electric 3-Wheeler Market Share, By Range, By Value, 2018-2028

Figure 9        Asia-Pacific Electric 3-Wheeler Market Share, By Range, By Volume, 2018-2028

Figure 10       Asia-Pacific Electric 3-Wheeler Market Share, By Battery Type, By Value, 2018-2028

Figure 11       Asia-Pacific Electric 3-Wheeler Market Share, By Battery Type, By Volume, 2018-2028

Figure 12       Asia-Pacific Electric 3-Wheeler Market Share, By Battery Capacity, By Value, 2018-2028

Figure 13       Asia-Pacific Electric 3-Wheeler Market Share, By Battery Capacity, By Volume, 2018-2028

Figure 14       Asia-Pacific Electric 3-Wheeler Market Share, By Power Type, By Value, 2018-2028

Figure 15       Asia-Pacific Electric 3-Wheeler Market Share, By Power Type, By Volume, 2018-2028

Figure 16       Asia-Pacific Electric 3-Wheeler Market Share, By Country, By Value, 2018–2028

Figure 17       Asia-Pacific Electric 3-Wheeler Market Share, By Country, By Volume, 2018–2028

Figure 18       China Electric 3-Wheeler Market Size, By Value (USD Million), 2018–2028

Figure 19       China Electric 3-Wheeler Market Size, By Volume (Thousand Units), 2018–2028

Figure 20       China Electric 3-Wheeler Market Share, By End Use, By Value, 2018-2028

Figure 21       China Electric 3-Wheeler Market Share, By End Use, By Volume, 2018-2028

Figure 22       China Electric 3-Wheeler Market Share, By Range, By Value, 2018-2028

Figure 23       China Electric 3-Wheeler Market Share, By Range, By Volume, 2018-2028

Figure 24       China Electric 3-Wheeler Market Share, By Battery Type, By Value, 2018-2028

Figure 25       China Electric 3-Wheeler Market Share, By Battery Type, By Volume, 2018-2028

Figure 26       China Electric 3-Wheeler Market Share, By Battery Capacity, By Value, 2018-2028

Figure 27       China Electric 3-Wheeler Market Share, By Battery Capacity, By Volume, 2018-2028

Figure 28       China Electric 3-Wheeler Market Share, By Power Type, By Value, 2018-2028

Figure 29       China Electric 3-Wheeler Market Share, By Power Type, By Volume, 2018-2028

Figure 30       India Electric 3-Wheeler Market Size, By Value (USD Million), 2018–2028

Figure 31       India Electric 3-Wheeler Market Size, By Volume (Thousand Units), 2018–2028

Figure 32       India Electric 3-Wheeler Market Share, By End Use, By Value, 2018-2028

Figure 33       India Electric 3-Wheeler Market Share, By End Use, By Volume, 2018-2028

Figure 34       India Electric 3-Wheeler Market Share, By Range, By Value, 2018-2028

Figure 35       India Electric 3-Wheeler Market Share, By Range, By Volume, 2018-2028

Figure 36       India Electric 3-Wheeler Market Share, By Battery Type, By Value, 2018-2028

Figure 37       India Electric 3-Wheeler Market Share, By Battery Type, By Volume, 2018-2028

Figure 38       India Electric 3-Wheeler Market Share, By Battery Capacity, By Value, 2018-2028

Figure 39       India Electric 3-Wheeler Market Share, By Battery Capacity, By Volume, 2018-2028

Figure 40       India Electric 3-Wheeler Market Share, By Power Type, By Value, 2018-2028

Figure 41       India Electric 3-Wheeler Market Share, By Power Type, By Volume, 2018-2028

Figure 42       Japan Electric 3-Wheeler Market Size, By Value (USD Million), 2018–2028

Figure 43       Japan Electric 3-Wheeler Market Size, By Volume (Thousand Units), 2018–2028

Figure 44       Japan Electric 3-Wheeler Market Share, By End Use, By Value, 2018-2028

Figure 45       Japan Electric 3-Wheeler Market Share, By End Use, By Volume, 2018-2028

Figure 46       Japan Electric 3-Wheeler Market Share, By Range, By Value, 2018-2028

Figure 47       Japan Electric 3-Wheeler Market Share, By Range, By Volume, 2018-2028

Figure 48       Japan Electric 3-Wheeler Market Share, By Battery Type, By Value, 2018-2028

Figure 49       Japan Electric 3-Wheeler Market Share, By Battery Type, By Volume, 2018-2028

Figure 50       Japan Electric 3-Wheeler Market Share, By Battery Capacity, By Value, 2018-2028

Figure 51       Japan Electric 3-Wheeler Market Share, By Battery Capacity, By Volume, 2018-2028

Figure 52       Japan Electric 3-Wheeler Market Share, By Power Type, By Value, 2018-2028

Figure 53       Japan Electric 3-Wheeler Market Share, By Power Type, By Volume, 2018-2028

Figure 54       South Korea Electric 3-Wheeler Market Size, By Value (USD Million), 2018–2028

Figure 55       South Korea Electric 3-Wheeler Market Size, By Volume (Thousand Units), 2018–2028

Figure 56       South Korea Electric 3-Wheeler Market Share, By End Use, By Value, 2018-2028

Figure 57       South Korea Electric 3-Wheeler Market Share, By End Use, By Volume, 2018-2028

Figure 58       South Korea Electric 3-Wheeler Market Share, By Range, By Value, 2018-2028

Figure 59       South Korea Electric 3-Wheeler Market Share, By Range, By Volume, 2018-2028

Figure 60       South Korea Electric 3-Wheeler Market Share, By Battery Type, By Value, 2018-2028

Figure 61       South Korea Electric 3-Wheeler Market Share, By Battery Type, By Volume, 2018-2028

Figure 62       South Korea Electric 3-Wheeler Market Share, By Battery Capacity, By Value, 2018-2028

Figure 63       South Korea Electric 3-Wheeler Market Share, By Battery Capacity, By Volume, 2018-2028

Figure 64       South Korea Electric 3-Wheeler Market Share, By Power Type, By Value, 2018-2028

Figure 65       South Korea Electric 3-Wheeler Market Share, By Power Type, By Volume, 2018-2028

Figure 66       Thailand Electric 3-Wheeler Market Size, By Value (USD Million), 2018–2028

Figure 67       Thailand Electric 3-Wheeler Market Size, By Volume (Thousand Units), 2018–2028

Figure 68       Thailand Electric 3-Wheeler Market Share, By End Use, By Value, 2018-2028

Figure 69       Thailand Electric 3-Wheeler Market Share, By End Use, By Volume, 2018-2028

Figure 70       Thailand Electric 3-Wheeler Market Share, By Range, By Value, 2018-2028

Figure 71       Thailand Electric 3-Wheeler Market Share, By Range, By Volume, 2018-2028

Figure 72       Thailand Electric 3-Wheeler Market Share, By Battery Type, By Value, 2018-2028

Figure 73       Thailand Electric 3-Wheeler Market Share, By Battery Type, By Volume, 2018-2028

Figure 74       Thailand Electric 3-Wheeler Market Share, By Battery Capacity, By Value, 2018-2028

Figure 75       Thailand Electric 3-Wheeler Market Share, By Battery Capacity, By Volume, 2018-2028

Figure 76       Thailand Electric 3-Wheeler Market Share, By Power Type, By Value, 2018-2028

Figure 77       Thailand Electric 3-Wheeler Market Share, By Power Type, By Volume, 2018-2028

Figure 78       Vietnam Electric 3-Wheeler Market Size, By Value (USD Million), 2018–2028

Figure 79       Vietnam Electric 3-Wheeler Market Size, By Volume (Thousand Units), 2018–2028

Figure 80       Vietnam Electric 3-Wheeler Market Share, By End Use, By Value, 2018-2028

Figure 81       Vietnam Electric 3-Wheeler Market Share, By End Use, By Volume, 2018-2028

Figure 82       Vietnam Electric 3-Wheeler Market Share, By Range, By Value, 2018-2028

Figure 83       Vietnam Electric 3-Wheeler Market Share, By Range, By Volume, 2018-2028

Figure 84       Vietnam Electric 3-Wheeler Market Share, By Battery Type, By Value, 2018-2028

Figure 85       Vietnam Electric 3-Wheeler Market Share, By Battery Type, By Volume, 2018-2028

Figure 86       Vietnam Electric 3-Wheeler Market Share, By Battery Capacity, By Value, 2018-2028

Figure 87       Vietnam Electric 3-Wheeler Market Share, By Battery Capacity, By Volume, 2018-2028

Figure 88       Vietnam Electric 3-Wheeler Market Share, By Power Type, By Value, 2018-2028

Figure 89       Vietnam Electric 3-Wheeler Market Share, By Power Type, By Volume, 2018-2028

Figure 90       Philippines Electric 3-Wheeler Market Size, By Value (USD Million), 2018–2028

Figure 91       Philippines Electric 3-Wheeler Market Size, By Volume (Thousand Units), 2018–2028

Figure 92       Philippines Electric 3-Wheeler Market Share, By End Use, By Value, 2018-2028

Figure 93       Philippines Electric 3-Wheeler Market Share, By End Use, By Volume, 2018-2028

Figure 94       Philippines Electric 3-Wheeler Market Share, By Range, By Value, 2018-2028

Figure 95       Philippines Electric 3-Wheeler Market Share, By Range, By Volume, 2018-2028

Figure 96       Philippines Electric 3-Wheeler Market Share, By Battery Type, By Value, 2018-2028

Figure 97       Philippines Electric 3-Wheeler Market Share, By Battery Type, By Volume, 2018-2028

Figure 98       Philippines Electric 3-Wheeler Market Share, By Battery Capacity, By Value, 2018-2028

Figure 99       Philippines Electric 3-Wheeler Market Share, By Battery Capacity, By Volume, 2018-2028

Figure 100     Philippines Electric 3-Wheeler Market Share, By Power Type, By Value, 2018-2028

Figure 101     Philippines Electric 3-Wheeler Market Share, By Power Type, By Volume, 2018-2028

Figure 102     Indonesia Electric 3-Wheeler Market Size, By Value (USD Million), 2018–2028

Figure 103     Indonesia Electric 3-Wheeler Market Size, By Volume (Thousand Units), 2018–2028

Figure 104     Indonesia Electric 3-Wheeler Market Share, By End Use, By Value, 2018-2028

Figure 105     Indonesia Electric 3-Wheeler Market Share, By End Use, By Volume, 2018-2028

Figure 106     Indonesia Electric 3-Wheeler Market Share, By Range, By Value, 2018-2028

Figure 107     Indonesia Electric 3-Wheeler Market Share, By Range, By Volume, 2018-2028

Figure 108     Indonesia Electric 3-Wheeler Market Share, By Battery Type, By Value, 2018-2028

Figure 109     Indonesia Electric 3-Wheeler Market Share, By Battery Type, By Volume, 2018-2028

Figure 110     Indonesia Electric 3-Wheeler Market Share, By Battery Capacity, By Value, 2018-2028

Figure 111     Indonesia Electric 3-Wheeler Market Share, By Battery Capacity, By Volume, 2018-2028

Figure 112     Indonesia Electric 3-Wheeler Market Share, By Power Type, By Value, 2018-2028

Figure 113     Indonesia Electric 3-Wheeler Market Share, By Power Type, By Volume, 2018-2028

Figure 114     Singapore Electric 3-Wheeler Market Size, By Value (USD Million), 2018–2028

Figure 115     Singapore Electric 3-Wheeler Market Size, By Volume (Thousand Units), 2018–2028

Figure 116     Singapore Electric 3-Wheeler Market Share, By End Use, By Value, 2018-2028

Figure 117     Singapore Electric 3-Wheeler Market Share, By End Use, By Volume, 2018-2028

Figure 118     Singapore Electric 3-Wheeler Market Share, By Range, By Value, 2018-2028

Figure 119     Singapore Electric 3-Wheeler Market Share, By Range, By Volume, 2018-2028

Figure 120     Singapore Electric 3-Wheeler Market Share, By Battery Type, By Value, 2018-2028

Figure 121     Singapore Electric 3-Wheeler Market Share, By Battery Type, By Volume, 2018-2028

Figure 122     Singapore Electric 3-Wheeler Market Share, By Battery Capacity, By Value, 2018-2028

Figure 123     Singapore Electric 3-Wheeler Market Share, By Battery Capacity, By Volume, 2018-2028

Figure 124     Singapore Electric 3-Wheeler Market Share, By Power Type, By Value, 2018-2028

Figure 125     Singapore Electric 3-Wheeler Market Share, By Power Type, By Volume, 2018-2028

Figure 126     Australia Electric 3-Wheeler Market Size, By Value (USD Million), 2018–2028

Figure 127     Australia Electric 3-Wheeler Market Size, By Volume (Thousand Units), 2018–2028

Figure 128     Australia Electric 3-Wheeler Market Share, By End Use, By Value, 2018-2028

Figure 129     Australia Electric 3-Wheeler Market Share, By End Use, By Volume, 2018-2028

Figure 130     Australia Electric 3-Wheeler Market Share, By Range, By Value, 2018-2028

Figure 131     Australia Electric 3-Wheeler Market Share, By Range, By Volume, 2018-2028

Figure 132     Australia Electric 3-Wheeler Market Share, By Battery Type, By Value, 2018-2028

Figure 133     Australia Electric 3-Wheeler Market Share, By Battery Type, By Volume, 2018-2028

Figure 134     Australia Electric 3-Wheeler Market Share, By Battery Capacity, By Value, 2018-2028

Figure 135     Australia Electric 3-Wheeler Market Share, By Battery Capacity, By Volume, 2018-2028

Figure 136     Australia Electric 3-Wheeler Market Share, By Power Type, By Value, 2018-2028

Figure 137     Australia Electric 3-Wheeler Market Share, By Power Type, By Volume, 2018-2028

Figure 138     Rest of Asia-Pacific Electric 3-Wheeler Market Size, By Value (USD Million), 2018–2028

Figure 139     Rest of Asia-Pacific Electric 3-Wheeler Market Size, By Volume (Thousand Units), 2018–2028

Figure 140     Rest of Asia-Pacific Electric 3-Wheeler Market Share, By End Use, By Value, 2018-2028

Figure 141     Rest of Asia-Pacific Electric 3-Wheeler Market Share, By End Use, By Volume, 2018-2028

Figure 142     Rest of Asia-Pacific Electric 3-Wheeler Market Share, By Range, By Value, 2018-2028

Figure 143     Rest of Asia-Pacific Electric 3-Wheeler Market Share, By Range, By Volume, 2018-2028

Figure 144     Rest of Asia-Pacific Electric 3-Wheeler Market Share, By Battery Type, By Value, 2018-2028

Figure 145     Rest of Asia-Pacific Electric 3-Wheeler Market Share, By Battery Type, By Volume, 2018-2028

Figure 146     Rest of Asia-Pacific Electric 3-Wheeler Market Share, By Battery Capacity, By Value, 2018-2028

Figure 147     Rest of Asia-Pacific Electric 3-Wheeler Market Share, By Battery Capacity, By Volume, 2018-2028

Figure 148     Rest of Asia-Pacific Electric 3-Wheeler Market Share, By Power Type, By Value, 2018-2028

Figure 149     Rest of Asia-Pacific Electric 3-Wheeler Market Share, By Power Type, By Volume, 2018-2028

 

List Of Tables

 

Table 1         Asia-Pacific Electric 3-Wheeler Market Size, By End Use, By Value, 2018–2028

Table 2         Asia-Pacific Electric 3-Wheeler Market Size, By End Use, By Volume, 2018–2028

Table 3         Asia-Pacific Electric 3-Wheeler Market Size, By Range, By Value, 2018-2028

Table 4         Asia-Pacific Electric 3-Wheeler Market Size, By Range, By Volume, 2018-2028

Table 5         Asia-Pacific Electric 3-Wheeler Market Size, By Battery Type, By Value, 2018-2028

Table 6         Asia-Pacific Electric 3-Wheeler Market Size, By Battery Type, By Volume, 2018-2028

Table 7         Asia-Pacific Electric 3-Wheeler Market Size, By Battery Capacity, By Value, 2018-2028

Table 8         Asia-Pacific Electric 3-Wheeler Market Size, By Battery Capacity, By Volume, 2018-2028

Table 9         Asia-Pacific Electric 3-Wheeler Market Size, By Power Type, By Value, 2018-2028

Table 10        Asia-Pacific Electric 3-Wheeler Market Size, By Power Type, By Volume, 2018-2028

Table 11        Asia-Pacific Electric 3-Wheeler Market Size, By Country, By Value, 2018–2028

Table 12        Asia-Pacific Electric 3-Wheeler Market Size, By Country, By Volume, 2018–2028

Table 13        China Electric 3-Wheeler Market Size, By End Use, By Value, 2018–2028

Table 14        China Electric 3-Wheeler Market Size, By End Use, By Volume, 2018–2028

Table 15        China Electric 3-Wheeler Market Size, By Range, By Value, 2018-2028

Table 16        China Electric 3-Wheeler Market Size, By Range, By Volume, 2018-2028

Table 17        China Electric 3-Wheeler Market Size, By Battery Type, By Value, 2018-2028

Table 18        China Electric 3-Wheeler Market Size, By Battery Type, By Volume, 2018-2028

Table 19        China Electric 3-Wheeler Market Size, By Battery Capacity, By Value, 2018-2028

Table 20        China Electric 3-Wheeler Market Size, By Battery Capacity, By Volume, 2018-2028

Table 21        China Electric 3-Wheeler Market Size, By Power Type, By Value, 2018-2028

Table 22        China Electric 3-Wheeler Market Size, By Power Type, By Volume, 2018-2028

Table 23        India Electric 3-Wheeler Market Size, By End Use, By Value, 2018–2028

Table 24        India Electric 3-Wheeler Market Size, By End Use, By Volume, 2018–2028

Table 25        India Electric 3-Wheeler Market Size, By Range, By Value, 2018-2028

Table 26        India Electric 3-Wheeler Market Size, By Range, By Volume, 2018-2028

Table 27        India Electric 3-Wheeler Market Size, By Battery Type, By Value, 2018-2028

Table 28        India Electric 3-Wheeler Market Size, By Battery Type, By Volume, 2018-2028

Table 29        India Electric 3-Wheeler Market Size, By Battery Capacity, By Value, 2018-2028

Table 30        India Electric 3-Wheeler Market Size, By Battery Capacity, By Volume, 2018-2028

Table 31        India Electric 3-Wheeler Market Size, By Power Type, By Value, 2018-2028

Table 32        India Electric 3-Wheeler Market Size, By Power Type, By Volume, 2018-2028

Table 33        Japan Electric 3-Wheeler Market Size, By End Use, By Value, 2018–2028

Table 34        Japan Electric 3-Wheeler Market Size, By End Use, By Volume, 2018–2028

Table 35        Japan Electric 3-Wheeler Market Size, By Range, By Value, 2018-2028

Table 36        Japan Electric 3-Wheeler Market Size, By Range, By Volume, 2018-2028

Table 37        Japan Electric 3-Wheeler Market Size, By Battery Type, By Value, 2018-2028

Table 38        Japan Electric 3-Wheeler Market Size, By Battery Type, By Volume, 2018-2028

Table 39        Japan Electric 3-Wheeler Market Size, By Battery Capacity, By Value, 2018-2028

Table 40        Japan Electric 3-Wheeler Market Size, By Battery Capacity, By Volume, 2018-2028

Table 41        Japan Electric 3-Wheeler Market Size, By Power Type, By Value, 2018-2028

Table 42        Japan Electric 3-Wheeler Market Size, By Power Type, By Volume, 2018-2028

Table 43        South Korea Electric 3-Wheeler Market Size, By End Use, By Value, 2018–2028

Table 44        South Korea Electric 3-Wheeler Market Size, By End Use, By Volume, 2018–2028

Table 45        South Korea Electric 3-Wheeler Market Size, By Range, By Value, 2018-2028

Table 46        South Korea Electric 3-Wheeler Market Size, By Range, By Volume, 2018-2028

Table 47        South Korea Electric 3-Wheeler Market Size, By Battery Type, By Value, 2018-2028

Table 48        South Korea Electric 3-Wheeler Market Size, By Battery Type, By Volume, 2018-2028

Table 49        South Korea Electric 3-Wheeler Market Size, By Battery Capacity, By Value, 2018-2028

Table 50        South Korea Electric 3-Wheeler Market Size, By Battery Capacity, By Volume, 2018-2028

Table 51        South Korea Electric 3-Wheeler Market Size, By Power Type, By Value, 2018-2028

Table 52        South Korea Electric 3-Wheeler Market Size, By Power Type, By Volume, 2018-2028

Table 53        Thailand Electric 3-Wheeler Market Size, By End Use, By Value, 2018–2028

Table 54        Thailand Electric 3-Wheeler Market Size, By End Use, By Volume, 2018–2028

Table 55        Thailand Electric 3-Wheeler Market Size, By Range, By Value, 2018-2028

Table 56        Thailand Electric 3-Wheeler Market Size, By Range, By Volume, 2018-2028

Table 57        Thailand Electric 3-Wheeler Market Size, By Battery Type, By Value, 2018-2028

Table 58        Thailand Electric 3-Wheeler Market Size, By Battery Type, By Volume, 2018-2028

Table 59        Thailand Electric 3-Wheeler Market Size, By Battery Capacity, By Value, 2018-2028

Table 60        Thailand Electric 3-Wheeler Market Size, By Battery Capacity, By Volume, 2018-2028

Table 61        Thailand Electric 3-Wheeler Market Size, By Power Type, By Value, 2018-2028

Table 62        Thailand Electric 3-Wheeler Market Size, By Power Type, By Volume, 2018-2028

Table 63        Vietnam Electric 3-Wheeler Market Size, By End Use, By Value, 2018–2028

Table 64        Vietnam Electric 3-Wheeler Market Size, By End Use, By Volume, 2018–2028

Table 65        Vietnam Electric 3-Wheeler Market Size, By Range, By Value, 2018-2028

Table 66        Vietnam Electric 3-Wheeler Market Size, By Range, By Volume, 2018-2028

Table 67        Vietnam Electric 3-Wheeler Market Size, By Battery Type, By Value, 2018-2028

Table 68        Vietnam Electric 3-Wheeler Market Size, By Battery Type, By Volume, 2018-2028

Table 69        Vietnam Electric 3-Wheeler Market Size, By Battery Capacity, By Value, 2018-2028

Table 70        Vietnam Electric 3-Wheeler Market Size, By Battery Capacity, By Volume, 2018-2028

Table 71        Vietnam Electric 3-Wheeler Market Size, By Power Type, By Value, 2018-2028

Table 72        Vietnam Electric 3-Wheeler Market Size, By Power Type, By Volume, 2018-2028

Table 73        Philippines Electric 3-Wheeler Market Size, By End Use, By Value, 2018–2028

Table 74        Philippines Electric 3-Wheeler Market Size, By End Use, By Volume, 2018–2028

Table 75        Philippines Electric 3-Wheeler Market Size, By Range, By Value, 2018-2028

Table 76        Philippines Electric 3-Wheeler Market Size, By Range, By Volume, 2018-2028

Table 77        Philippines Electric 3-Wheeler Market Size, By Battery Type, By Value, 2018-2028

Table 78        Philippines Electric 3-Wheeler Market Size, By Battery Type, By Volume, 2018-2028

Table 79        Philippines Electric 3-Wheeler Market Size, By Battery Capacity, By Value, 2018-2028

Table 80        Philippines Electric 3-Wheeler Market Size, By Battery Capacity, By Volume, 2018-2028

Table 81        Philippines Electric 3-Wheeler Market Size, By Power Type, By Value, 2018-2028

Table 82        Philippines Electric 3-Wheeler Market Size, By Power Type, By Volume, 2018-2028

Table 83        Indonesia Electric 3-Wheeler Market Size, By End Use, By Value, 2018–2028

Table 84        Indonesia Electric 3-Wheeler Market Size, By End Use, By Volume, 2018–2028

Table 85        Indonesia Electric 3-Wheeler Market Size, By Range, By Value, 2018-2028

Table 86        Indonesia Electric 3-Wheeler Market Size, By Range, By Volume, 2018-2028

Table 87        Indonesia Electric 3-Wheeler Market Size, By Battery Type, By Value, 2018-2028

Table 88        Indonesia Electric 3-Wheeler Market Size, By Battery Type, By Volume, 2018-2028

Table 89        Indonesia Electric 3-Wheeler Market Size, By Battery Capacity, By Value, 2018-2028

Table 90        Indonesia Electric 3-Wheeler Market Size, By Battery Capacity, By Volume, 2018-2028

Table 91        Indonesia Electric 3-Wheeler Market Size, By Power Type, By Value, 2018-2028

Table 92        Indonesia Electric 3-Wheeler Market Size, By Power Type, By Volume, 2018-2028

Table 93        Singapore Electric 3-Wheeler Market Size, By End Use, By Value, 2018–2028

Table 94        Singapore Electric 3-Wheeler Market Size, By End Use, By Volume, 2018–2028

Table 95        Singapore Electric 3-Wheeler Market Size, By Range, By Value, 2018-2028

Table 96        Singapore Electric 3-Wheeler Market Size, By Range, By Volume, 2018-2028

Table 97        Singapore Electric 3-Wheeler Market Size, By Battery Type, By Value, 2018-2028

Table 98        Singapore Electric 3-Wheeler Market Size, By Battery Type, By Volume, 2018-2028

Table 99        Singapore Electric 3-Wheeler Market Size, By Battery Capacity, By Value, 2018-2028

Table 100      Singapore Electric 3-Wheeler Market Size, By Battery Capacity, By Volume, 2018-2028

Table 101      Singapore Electric 3-Wheeler Market Size, By Power Type, By Value, 2018-2028

Table 102      Singapore Electric 3-Wheeler Market Size, By Power Type, By Volume, 2018-2028

Table 103      Australia Electric 3-Wheeler Market Size, By End Use, By Value, 2018–2028

Table 104      Australia Electric 3-Wheeler Market Size, By End Use, By Volume, 2018–2028

Table 105      Australia Electric 3-Wheeler Market Size, By Range, By Value, 2018-2028

Table 106      Australia Electric 3-Wheeler Market Size, By Range, By Volume, 2018-2028

Table 107      Australia Electric 3-Wheeler Market Size, By Battery Type, By Value, 2018-2028

Table 108      Australia Electric 3-Wheeler Market Size, By Battery Type, By Volume, 2018-2028

Table 109      Australia Electric 3-Wheeler Market Size, By Battery Capacity, By Value, 2018-2028

Table 110      Australia Electric 3-Wheeler Market Size, By Battery Capacity, By Volume, 2018-2028

Table 111      Australia Electric 3-Wheeler Market Size, By Power Type, By Value, 2018-2028

Table 112      Australia Electric 3-Wheeler Market Size, By Power Type, By Volume, 2018-2028

Table 113      Rest of Asia-Pacific Electric 3-Wheeler Market Size, By End Use, By Value, 2018–2028

Table 114      Rest of Asia-Pacific Electric 3-Wheeler Market Size, By End Use, By Volume, 2018–2028

Table 115      Rest of Asia-Pacific Electric 3-Wheeler Market Size, By Range, By Value, 2018-2028

Table 116      Rest of Asia-Pacific Electric 3-Wheeler Market Size, By Range, By Volume, 2018-2028

Table 117      Rest of Asia-Pacific Electric 3-Wheeler Market Size, By Battery Type, By Value, 2018-2028

Table 118      Rest of Asia-Pacific Electric 3-Wheeler Market Size, By Battery Type, By Volume, 2018-2028

Table 119      Rest of Asia-Pacific Electric 3-Wheeler Market Size, By Battery Capacity, By Value, 2018-2028

Table 120      Rest of Asia-Pacific Electric 3-Wheeler Market Size, By Battery Capacity, By Volume, 2018-2028

Table 121      Rest of Asia-Pacific Electric 3-Wheeler Market Size, By Power Type, By Value, 2018-2028

Table 122      Rest of Asia-Pacific Electric 3-Wheeler Market Size, By Power Type, By Volume, 2018-2028

Table 123      Mahindra & Mahindra Company Overview

Table 124      Mahindra & Mahindra Financial Overview

Table 125      Bajaj Auto Company Overview

Table 126      Bajaj Auto Financial Overview

Table 127      Saera Electric Auto Pvt. Ltd.  Company Overview

Table 128      Saera Electric Auto Pvt. Ltd.  Financial Overview

Table 129      Xianghe Qiansheng Electric Tricycle Factory Company Overview

Table 130      Xianghe Qiansheng Electric Tricycle Factory Financial Overview

Table 131      Lohia Auto Industries Company Overview

Table 132      Lohia Auto Industries Financial Overview

Table 133      Hero Electric Industries Company Overview

Table 134      Hero Electric Industries Financial Overview

Table 135      Kinetic Engineering Ltd.  Company Overview

Table 136      Kinetic Engineering Ltd.  Financial Overview

Table 137      Atul Auto Ltd.  Company Overview

Table 138      Atul Auto Ltd.  Financial Overview

Table 139      Piaggio Group Company Overview

Table 140      Piaggio Group Financial Overview

Table 141      TVS Motor Co.  Company Overview

Table 142      TVS Motor Co.  Financial Overview

Table 143      Terra Motors Corporation Company Overview

Table 144      Terra Motors Corporation Financial Overview

Table 145      Gayam Motor Works (GMW) Company Overview

Table 146      Gayam Motor Works (GMW) Financial Overview

Market Segmentation

By End Use

  • Load Carrier

  • Passenger Carrier

By Range

  • Up to 50 miles

  • Above 50 miles

  • Others

By Battery Type

  • Lithium-ion

  • Lead-acid

  • Other

By Power Type

  • Up to 1000 W

  • 1000 W to 1500 W

  • Above 1500 W

By Country

  • China
  • India
  • Japan
  • South Korea
  • Thailand
  • Vietnam
  • Philippines
  • Indonesia
  • Singapore
  • Australia
  • Rest of Asia-Pacific
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Frequently Asked Questions (FAQs):

Ans: Asia-Pacific electric 3-wheeler market reached 229.2 thousand units in 2021.
Ans: The major factors driving the growth of the Asia-Pacific electric 3-wheeler market are improvements in battery technology, and demand will increase due to consumers growing preference for electric vehicles over conventional vehicles.
Ans: The key players in the Asia-Pacific electric 3-wheeler market are Mahindra & Mahindra, Bajaj Auto, Saera Electric Auto Pvt. Ltd., Xianghe Qiansheng Electric Tricycle Factory, Lohia Auto Industries, Hero Electric Industries, Kinetic Engineering Ltd., Atul Auto Ltd., Piaggio Group, TVS Motor Co., Terra Motors Corporation, Jiangsu Kingbon Vehicle Co. Ltd., ElecTrike Japan Co. Ltd., Changzhou Yufeng Vehicle Co. Ltd., Gayam Motor Works (GMW) and other prominent players.
Ans: India is the dominating country in the Asia-Pacific electric 3-wheeler market.
Ans: The passenger carrier segment accounted for the largest share in the Asia-Pacific electric 3-wheeler market.