Low Speed Electric Vehicle Market Growth, How Sustainability is...

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2025-03-05 17:59:00 -

Low Speed Electric Vehicle Market Growth, How Sustainability is Shaping the Industry 2030

The Low Speed Electric Vehicle Market Growth, valued at $5.37 billion in 2023, is projected to reach approximately $9.57 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 8.6% during the forecast period. Low-speed electric vehicles are defined as four-wheeled electric vehicles with a top speed ranging between 20 to 40 kilometers per hour and a gross vehicle weight of less...

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