Micro Electric Automotive Market

A micro electric vehicle (EV) is a four-wheeled electric powered micro vehicle with an attainable speed of more than 20 miles per hour but not more than 25 miles per hour (in China, not more than 70 kilometers per hour) on a paved surface, and it usually has a gross vehicle weight rating (GVWR) of less than 3,000 pounds.

Micro Electric Automotive Market contains market size and forecasts of Micro Electric Automotive (Micro EVs) in global, including the following market information:

Global Micro Electric Automotive (Micro EVs) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Micro Electric Automotive (Micro EVs) Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Micro Electric Automotive (Micro EVs) companies in 2021 (%)

The global Micro Electric Automotive (Micro EVs) market was valued at 8415.8 million in 2021 and is projected to reach US$ 11900 million by 2028, at a CAGR of 5.1% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Lead-acid Battery EVs Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Micro Electric Automotive (Micro EVs) include Yogomo, Shifeng, Textron, Dojo, Byvin, Polaris, Lichi, Baoya and Tangjun, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Micro Electric Automotive (Micro EVs) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Micro Electric Automotive (Micro EVs) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Micro Electric Automotive (Micro EVs) Market Segment Percentages, by Type, 2021 (%)

Lead-acid Battery EVs

Lithium-ion Battery EVs

Global Micro Electric Automotive (Micro EVs) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Micro Electric Automotive (Micro EVs) Market Segment Percentages, by Application, 2021 (%)

Personal Use

Commercial Use

Public Utilities

Global Micro Electric Automotive (Micro EVs) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Micro Electric Automotive (Micro EVs) Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Micro Electric Automotive (Micro EVs) revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Micro Electric Automotive (Micro EVs) revenues share in global market, 2021 (%)

Key companies Micro Electric Automotive (Micro EVs) sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Micro Electric Automotive (Micro EVs) sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Yogomo

Shifeng

Textron

Dojo

Byvin

Polaris

Lichi

Baoya

Tangjun

Yamaha

Fulu

Xinyuzhou

GreenWheel EV

Incalu

Kandi

Renault

APACHE

Garia

Zheren

Ingersoll Rand

CitEcar Electric Vehicles

Eagle

Taiqi