Electric three wheelers within the 50-100 miles driving range represented over 1.5 billion U.S. dollars in 2019, just under 40 percent of the electric three wheelers global market. By 2026, this size is projected to grow to under 1.9 billion U.S. dollars, at a compound annual growth rate of just under 10.3 percent. Recovery from the COVID-19 pandemic is forecast to be slow in the sector, with the volume of electric three-wheeler units on the market only surpassing 2019 levels in 2025.
Projections for the electric three-wheeler market size worldwide between 2018 and 2026, by driving range
(in million U.S. dollars)
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MRFR. (August 1, 2020). Projections for the electric three-wheeler market size worldwide between 2018 and 2026, by driving range (in million U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1283746/global-electric-three-wheeler-market-forecast-by-range/
MRFR. "Projections for the electric three-wheeler market size worldwide between 2018 and 2026, by driving range (in million U.S. dollars)." Chart. August 1, 2020. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1283746/global-electric-three-wheeler-market-forecast-by-range/
MRFR. (2020). Projections for the electric three-wheeler market size worldwide between 2018 and 2026, by driving range (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1283746/global-electric-three-wheeler-market-forecast-by-range/
MRFR. "Projections for The Electric Three-wheeler Market Size Worldwide between 2018 and 2026, by Driving Range (in Million U.S. Dollars)." Statista, Statista Inc., 1 Aug 2020, https://www.statista.com/statistics/1283746/global-electric-three-wheeler-market-forecast-by-range/
MRFR, Projections for the electric three-wheeler market size worldwide between 2018 and 2026, by driving range (in million U.S. dollars) Statista, https://www.statista.com/statistics/1283746/global-electric-three-wheeler-market-forecast-by-range/ (last visited November 22, 2024)
Projections for the electric three-wheeler market size worldwide between 2018 and 2026, by driving range (in million U.S. dollars) [Graph], MRFR, August 1, 2020. [Online]. Available: https://www.statista.com/statistics/1283746/global-electric-three-wheeler-market-forecast-by-range/
