Kinetic Engineering Limited

Asia Pacific Electric 3-Wheeler Market worth 702.1 thousand units by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, June 23, 2022

Many OEMs have been developing electric 3-wheeler passenger carriers over the years and entering strategic partnerships to launch advanced models in the market.

Key Points: 
  • Many OEMs have been developing electric 3-wheeler passenger carriers over the years and entering strategic partnerships to launch advanced models in the market.
  • In August 2021, Piaggio Group and Three Wheels United announced a partnership to accelerate the adoption of electric 3-wheelers in India.
  • Electric 3-wheeler passenger carrier sales are highest in countries where there is a high demand for low-emission and low-maintenance vehicles.
  • Hence, many electric 3-wheelers have a range of up to 50 miles, making them more popular in the market.

Asia Pacific Electric 3-Wheeler Market worth 702.1 thousand units by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, June 23, 2022

Many OEMs have been developing electric 3-wheeler passenger carriers over the years and entering strategic partnerships to launch advanced models in the market.

Key Points: 
  • Many OEMs have been developing electric 3-wheeler passenger carriers over the years and entering strategic partnerships to launch advanced models in the market.
  • In August 2021, Piaggio Group and Three Wheels United announced a partnership to accelerate the adoption of electric 3-wheelers in India.
  • Electric 3-wheeler passenger carrier sales are highest in countries where there is a high demand for low-emission and low-maintenance vehicles.
  • Hence, many electric 3-wheelers have a range of up to 50 miles, making them more popular in the market.

Asia Pacific Electric 3-Wheeler Market Report 2021: Growing Adoption of Electric Three-Wheeler by Logistics Companies to Drive the Market - ResearchAndMarkets.com

Retrieved on: 
Thursday, August 12, 2021

The increasing adoption of electric three-wheelers and improved charging infrastructure (in terms of network and capacity) in countries will change the market scenario in the coming years.

Key Points: 
  • The increasing adoption of electric three-wheelers and improved charging infrastructure (in terms of network and capacity) in countries will change the market scenario in the coming years.
  • The recent developments in the electric three-wheeler market have introduced batteries with improved specifications that are said to be at the heart of any electric three-wheeler.
  • The range is one of the most important reasons that users are still a bit hesitant to prefer electric three-wheelers over ICE three-wheelers.
  • The government is rolling out policies to increase the penetration of electric vehicles, which, in turn, will drive the electric three-wheeler market.