The global light electric vehicle market expected to reach to 6.1 million units by 2030, growing at a CAGR of 11.1% from 2022 to 2030.

With emerging environmental concerns, pollution level and depletion of oil reserves have fueled the market demand for the global light electric vehicle market.

Major market player included in this report are:
BMW Motorrad
Auro Robotics
Ingersoll-Rand Plc
Polaris Industries, Inc.
Textron Inc.
Gogoro Inc.
GOVECS GmbH
Lit Motors Inc.
Mahindra GenZe
Piaggio & C. SpA
Terra Motors
Vmoto Limited
Yadea Technology Group
Zero Motorcycles Inc.
AIMA Technology Group Co. Ltd.
Jiangsu Xinri E-Vehicle Co., Ltd

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type
Hybrid Electric Vehicle (HEV)
Plug-in Hybrid Electric Vehicle (PHEV)
Battery Electric Vehicle (BEV)
By End-User
E-forklifts
Light utility vehicles (LUVs)
Low speed electric vehicles (LSEVs / micro EVs)
E-motorbikes
E-golf carts


By Region:
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rusia
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of MEA

Furthermore, years considered for the study are as follows:

Historical year 2017, 2020
Base year 2021
Forecast period 2022 to 2030.

Target Audience of the Global Light Electric Vehicle Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors