Ultra Light Vehicle (ULV) Market is driven by growing adoption in Defense Sector The ultra light vehicle (ULV) market comprises lightweight, low-cost, fuel-efficient vehicles. ULVs can carry up to two passengers and have an open cockpit or enclosed cabin. They are commonly all-terrain vehicles used for reconnaissance, security patrol, casualty evacuation, and cargo transportation in remote, rugged environments. Key advantages of ULVs include extreme mobility, low cost of...
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