A light electric vehicle is a light-weighted vehicle that uses an electric motor with an energy storage device such as a battery or fuel cell.
This report contains market size and forecasts of Light Electrical Vehicle in global, including the following market information:
Global Light Electrical Vehicle Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Light Electrical Vehicle Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Light Electrical Vehicle companies in 2021 (%)
The global Light Electrical Vehicle market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Hybrid Electric Vehicle(HEV) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Light Electrical Vehicle include Tesla, Inc., CODA Automotive Inc., Nissan Motor Company Ltd, General Motors, Toyota Motor Corporation, Ford Motor Company, Fisker, Inc., Chevrolet and Polaris Inc., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Light Electrical Vehicle 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 Light Electrical Vehicle Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Light Electrical Vehicle Market Segment Percentages, by Type, 2021 (%)
Hybrid Electric Vehicle(HEV)
Plug-in Hybrid Electric Vehicle(PHEV)
Battery Electric Vehicle(BEV)
Global Light Electrical Vehicle Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Light Electrical Vehicle Market Segment Percentages, by Application, 2021 (%)
Personal Mobility
Transportation
Others
Global Light Electrical Vehicle Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Light Electrical Vehicle 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 Light Electrical Vehicle revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Light Electrical Vehicle revenues share in global market, 2021 (%)
Key companies Light Electrical Vehicle sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Light Electrical Vehicle sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Tesla, Inc.
CODA Automotive Inc.
Nissan Motor Company Ltd
General Motors
Toyota Motor Corporation
Ford Motor Company
Fisker, Inc.
Chevrolet
Polaris Inc.
GOVECS AG
Lit Motors Inc.
Vmoto Limited
Yadea Technology Group Co., Ltd.
AIMA Technology Group Co. Ltd.
Jiangsu Xinri E-Vehicle Co., Ltd.