Electric Three-Wheeler Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Electric Three Wheeler Market Share and is Segmented by End-Use (Passenger Carrier and Goods Carrier), Battery Type (Li-ion and Lead Acid), and Geography.

Electric Three-Wheeler Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Electric Three-Wheeler Industry Overview

The Electric 3-Wheeler Market is highly fragmented, with several players accounting for a smaller portion of market share. Some of the prominent companies in the electric three-wheeler market are Mahindra Electric, Piaggio, Bodo EV, Kinetic Green Energy solution and others. These players are investing heavily in research and development of electric three-wheeler in increasing the load capacity along with the driving range of the vehicle. For instance, 

  • In February 2020, Omega Seiki Private Limited introduced Singha and Singha Max which runs on electric power to cater to the needs of the B2B and e-commerce industry. 
  • In December 2019, Piaggio launched Ape electric three wheeler in India, with swappable Lithium-ion battery and offers a range of around 70-80 km on a single charge

Electric Three-Wheeler Market Leaders

  1. Mahindra electric

  2. Piaggio & C. SpA

  3. Bodo EV International

  4. Kinetic Green Energy Solution

  5. Terra Motors

  6. *Disclaimer: Major Players sorted in no particular order
Electric Three Wheeler Market Concentration

Electric 3 Wheeler Market Report Snapshots

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