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A low speed electric vehicle (LSV) is a four-wheeled vehicle with an attainable speed of more than 20 miles per hour but not more than 25 miles per hour (in China, not more than 70 kilometers per hour) on a paved surface, and it has a gross vehicle weight rating (GVWR) of less than 3,001 pounds. It cannot be powered by gas or diesel fuel. The global market for Low-speed Electric Vehicle was estimated to be worth US$ 7137 million in 2023 and is forecast to a readjusted size of US$ 9001.1 million by 2030 with a CAGR of 3.3% during the forecast period 2024-2030
Low-speed Electric Vehicle Market Size
M= millions and B=billions
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million. Report Scope This report aims to provide a comprehensive presentation of the global market for Low-speed Electric Vehicle, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Low-speed Electric Vehicle by region & country, by Type, and by Application. The Low-speed Electric Vehicle market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Low-speed Electric Vehicle. Market Segmentation
Report Metric
Details
Report Title
Low-speed Electric Vehicle - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Forecasted Market Size in 2030
US$ 9001.1 million
CAGR(2024-2030)
3.3%
Market Size Available for Years
2019-2030
Global Low-speed Electric Vehicle Companies Covered
Yogomo, Shifeng, Textron, Dojo, Byvin, Polaris, Lichi, Baoya, Tangjun, Yamaha, Fulu, Xinyuzhou, GreenWheel EV, Incalu, Kandi, Renault, APACHE, Garia, Zheren, Ingersoll Rand, CitEcar Electric Vehicles, Eagle, Taiqi
Global Low-speed Electric Vehicle Market, by Region
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Low-speed Electric Vehicle Market, Segment by Type
Lead-acid Battery EVs
Lithium-ion Battery EVs
Global Low-speed Electric Vehicle Market, Segment by Application
Personal Use
Commercial Use
Public Utilities
Forecast Units
USD million in value
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends
Chapter Outline Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. Chapter 2: Detailed analysis of Low-speed Electric Vehicle manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets. Chapter 5: Sales, revenue of Low-speed Electric Vehicle in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world. Chapter 6: Sales, revenue of Low-speed Electric Vehicle in country level. It provides sigmate data by Type, and by Application for each country/region. Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry. Chapter 9: Conclusion.
1 Market Overview
1.1 Low-speed Electric Vehicle Product Introduction
1.2 Global Low-speed Electric Vehicle Market Size Forecast
1.2.1 Global Low-speed Electric Vehicle Sales Value (2019-2030)
1.2.2 Global Low-speed Electric Vehicle Sales Volume (2019-2030)
1.2.3 Global Low-speed Electric Vehicle Sales Price (2019-2030)
1.3 Low-speed Electric Vehicle Market Trends & Drivers
1.3.1 Low-speed Electric Vehicle Industry Trends
1.3.2 Low-speed Electric Vehicle Market Drivers & Opportunity
1.3.3 Low-speed Electric Vehicle Market Challenges
1.3.4 Low-speed Electric Vehicle Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Low-speed Electric Vehicle Players Revenue Ranking (2023)
2.2 Global Low-speed Electric Vehicle Revenue by Company (2019-2024)
2.3 Global Low-speed Electric Vehicle Players Sales Volume Ranking (2023)
2.4 Global Low-speed Electric Vehicle Sales Volume by Company Players (2019-2024)
2.5 Global Low-speed Electric Vehicle Average Price by Company (2019-2024)
2.6 Key Manufacturers Low-speed Electric Vehicle Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Low-speed Electric Vehicle Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Low-speed Electric Vehicle
2.9 Low-speed Electric Vehicle Market Competitive Analysis
2.9.1 Low-speed Electric Vehicle Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Low-speed Electric Vehicle Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Low-speed Electric Vehicle as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Lead-acid Battery EVs
3.1.2 Lithium-ion Battery EVs
3.2 Global Low-speed Electric Vehicle Sales Value by Type
3.2.1 Global Low-speed Electric Vehicle Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Low-speed Electric Vehicle Sales Value, by Type (2019-2030)
3.2.3 Global Low-speed Electric Vehicle Sales Value, by Type (%) (2019-2030)
3.3 Global Low-speed Electric Vehicle Sales Volume by Type
3.3.1 Global Low-speed Electric Vehicle Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Low-speed Electric Vehicle Sales Volume, by Type (2019-2030)
3.3.3 Global Low-speed Electric Vehicle Sales Volume, by Type (%) (2019-2030)
3.4 Global Low-speed Electric Vehicle Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Personal Use
4.1.2 Commercial Use
4.1.3 Public Utilities
4.2 Global Low-speed Electric Vehicle Sales Value by Application
4.2.1 Global Low-speed Electric Vehicle Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Low-speed Electric Vehicle Sales Value, by Application (2019-2030)
4.2.3 Global Low-speed Electric Vehicle Sales Value, by Application (%) (2019-2030)
4.3 Global Low-speed Electric Vehicle Sales Volume by Application
4.3.1 Global Low-speed Electric Vehicle Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Low-speed Electric Vehicle Sales Volume, by Application (2019-2030)
4.3.3 Global Low-speed Electric Vehicle Sales Volume, by Application (%) (2019-2030)
4.4 Global Low-speed Electric Vehicle Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Low-speed Electric Vehicle Sales Value by Region
5.1.1 Global Low-speed Electric Vehicle Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Low-speed Electric Vehicle Sales Value by Region (2019-2024)
5.1.3 Global Low-speed Electric Vehicle Sales Value by Region (2025-2030)
5.1.4 Global Low-speed Electric Vehicle Sales Value by Region (%), (2019-2030)
5.2 Global Low-speed Electric Vehicle Sales Volume by Region
5.2.1 Global Low-speed Electric Vehicle Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Low-speed Electric Vehicle Sales Volume by Region (2019-2024)
5.2.3 Global Low-speed Electric Vehicle Sales Volume by Region (2025-2030)
5.2.4 Global Low-speed Electric Vehicle Sales Volume by Region (%), (2019-2030)
5.3 Global Low-speed Electric Vehicle Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Low-speed Electric Vehicle Sales Value, 2019-2030
5.4.2 North America Low-speed Electric Vehicle Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Low-speed Electric Vehicle Sales Value, 2019-2030
5.5.2 Europe Low-speed Electric Vehicle Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Low-speed Electric Vehicle Sales Value, 2019-2030
5.6.2 Asia Pacific Low-speed Electric Vehicle Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Low-speed Electric Vehicle Sales Value, 2019-2030
5.7.2 South America Low-speed Electric Vehicle Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Low-speed Electric Vehicle Sales Value, 2019-2030
5.8.2 Middle East & Africa Low-speed Electric Vehicle Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Low-speed Electric Vehicle Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Low-speed Electric Vehicle Sales Value
6.2.1 Key Countries/Regions Low-speed Electric Vehicle Sales Value, 2019-2030
6.2.2 Key Countries/Regions Low-speed Electric Vehicle Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Low-speed Electric Vehicle Sales Value, 2019-2030
6.3.2 United States Low-speed Electric Vehicle Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Low-speed Electric Vehicle Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Low-speed Electric Vehicle Sales Value, 2019-2030
6.4.2 Europe Low-speed Electric Vehicle Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Low-speed Electric Vehicle Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Low-speed Electric Vehicle Sales Value, 2019-2030
6.5.2 China Low-speed Electric Vehicle Sales Value by Type (%), 2023 VS 2030
6.5.3 China Low-speed Electric Vehicle Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Low-speed Electric Vehicle Sales Value, 2019-2030
6.6.2 Japan Low-speed Electric Vehicle Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Low-speed Electric Vehicle Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Low-speed Electric Vehicle Sales Value, 2019-2030
6.7.2 South Korea Low-speed Electric Vehicle Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Low-speed Electric Vehicle Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Low-speed Electric Vehicle Sales Value, 2019-2030
6.8.2 Southeast Asia Low-speed Electric Vehicle Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Low-speed Electric Vehicle Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Low-speed Electric Vehicle Sales Value, 2019-2030
6.9.2 India Low-speed Electric Vehicle Sales Value by Type (%), 2023 VS 2030
6.9.3 India Low-speed Electric Vehicle Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Yogomo
7.1.1 Yogomo Company Information
7.1.2 Yogomo Introduction and Business Overview
7.1.3 Yogomo Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Yogomo Low-speed Electric Vehicle Product Offerings
7.1.5 Yogomo Recent Development
7.2 Shifeng
7.2.1 Shifeng Company Information
7.2.2 Shifeng Introduction and Business Overview
7.2.3 Shifeng Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2019-2024)
7.2.4 Shifeng Low-speed Electric Vehicle Product Offerings
7.2.5 Shifeng Recent Development
7.3 Textron
7.3.1 Textron Company Information
7.3.2 Textron Introduction and Business Overview
7.3.3 Textron Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2019-2024)
7.3.4 Textron Low-speed Electric Vehicle Product Offerings
7.3.5 Textron Recent Development
7.4 Dojo
7.4.1 Dojo Company Information
7.4.2 Dojo Introduction and Business Overview
7.4.3 Dojo Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2019-2024)
7.4.4 Dojo Low-speed Electric Vehicle Product Offerings
7.4.5 Dojo Recent Development
7.5 Byvin
7.5.1 Byvin Company Information
7.5.2 Byvin Introduction and Business Overview
7.5.3 Byvin Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2019-2024)
7.5.4 Byvin Low-speed Electric Vehicle Product Offerings
7.5.5 Byvin Recent Development
7.6 Polaris
7.6.1 Polaris Company Information
7.6.2 Polaris Introduction and Business Overview
7.6.3 Polaris Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2019-2024)
7.6.4 Polaris Low-speed Electric Vehicle Product Offerings
7.6.5 Polaris Recent Development
7.7 Lichi
7.7.1 Lichi Company Information
7.7.2 Lichi Introduction and Business Overview
7.7.3 Lichi Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2019-2024)
7.7.4 Lichi Low-speed Electric Vehicle Product Offerings
7.7.5 Lichi Recent Development
7.8 Baoya
7.8.1 Baoya Company Information
7.8.2 Baoya Introduction and Business Overview
7.8.3 Baoya Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Baoya Low-speed Electric Vehicle Product Offerings
7.8.5 Baoya Recent Development
7.9 Tangjun
7.9.1 Tangjun Company Information
7.9.2 Tangjun Introduction and Business Overview
7.9.3 Tangjun Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2019-2024)
7.9.4 Tangjun Low-speed Electric Vehicle Product Offerings
7.9.5 Tangjun Recent Development
7.10 Yamaha
7.10.1 Yamaha Company Information
7.10.2 Yamaha Introduction and Business Overview
7.10.3 Yamaha Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2019-2024)
7.10.4 Yamaha Low-speed Electric Vehicle Product Offerings
7.10.5 Yamaha Recent Development
7.11 Fulu
7.11.1 Fulu Company Information
7.11.2 Fulu Introduction and Business Overview
7.11.3 Fulu Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2019-2024)
7.11.4 Fulu Low-speed Electric Vehicle Product Offerings
7.11.5 Fulu Recent Development
7.12 Xinyuzhou
7.12.1 Xinyuzhou Company Information
7.12.2 Xinyuzhou Introduction and Business Overview
7.12.3 Xinyuzhou Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2019-2024)
7.12.4 Xinyuzhou Low-speed Electric Vehicle Product Offerings
7.12.5 Xinyuzhou Recent Development
7.13 GreenWheel EV
7.13.1 GreenWheel EV Company Information
7.13.2 GreenWheel EV Introduction and Business Overview
7.13.3 GreenWheel EV Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2019-2024)
7.13.4 GreenWheel EV Low-speed Electric Vehicle Product Offerings
7.13.5 GreenWheel EV Recent Development
7.14 Incalu
7.14.1 Incalu Company Information
7.14.2 Incalu Introduction and Business Overview
7.14.3 Incalu Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2019-2024)
7.14.4 Incalu Low-speed Electric Vehicle Product Offerings
7.14.5 Incalu Recent Development
7.15 Kandi
7.15.1 Kandi Company Information
7.15.2 Kandi Introduction and Business Overview
7.15.3 Kandi Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2019-2024)
7.15.4 Kandi Low-speed Electric Vehicle Product Offerings
7.15.5 Kandi Recent Development
7.16 Renault
7.16.1 Renault Company Information
7.16.2 Renault Introduction and Business Overview
7.16.3 Renault Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2019-2024)
7.16.4 Renault Low-speed Electric Vehicle Product Offerings
7.16.5 Renault Recent Development
7.17 APACHE
7.17.1 APACHE Company Information
7.17.2 APACHE Introduction and Business Overview
7.17.3 APACHE Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2019-2024)
7.17.4 APACHE Low-speed Electric Vehicle Product Offerings
7.17.5 APACHE Recent Development
7.18 Garia
7.18.1 Garia Company Information
7.18.2 Garia Introduction and Business Overview
7.18.3 Garia Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2019-2024)
7.18.4 Garia Low-speed Electric Vehicle Product Offerings
7.18.5 Garia Recent Development
7.19 Zheren
7.19.1 Zheren Company Information
7.19.2 Zheren Introduction and Business Overview
7.19.3 Zheren Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2019-2024)
7.19.4 Zheren Low-speed Electric Vehicle Product Offerings
7.19.5 Zheren Recent Development
7.20 Ingersoll Rand
7.20.1 Ingersoll Rand Company Information
7.20.2 Ingersoll Rand Introduction and Business Overview
7.20.3 Ingersoll Rand Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2019-2024)
7.20.4 Ingersoll Rand Low-speed Electric Vehicle Product Offerings
7.20.5 Ingersoll Rand Recent Development
7.21 CitEcar Electric Vehicles
7.21.1 CitEcar Electric Vehicles Company Information
7.21.2 CitEcar Electric Vehicles Introduction and Business Overview
7.21.3 CitEcar Electric Vehicles Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2019-2024)
7.21.4 CitEcar Electric Vehicles Low-speed Electric Vehicle Product Offerings
7.21.5 CitEcar Electric Vehicles Recent Development
7.22 Eagle
7.22.1 Eagle Company Information
7.22.2 Eagle Introduction and Business Overview
7.22.3 Eagle Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2019-2024)
7.22.4 Eagle Low-speed Electric Vehicle Product Offerings
7.22.5 Eagle Recent Development
7.23 Taiqi
7.23.1 Taiqi Company Information
7.23.2 Taiqi Introduction and Business Overview
7.23.3 Taiqi Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2019-2024)
7.23.4 Taiqi Low-speed Electric Vehicle Product Offerings
7.23.5 Taiqi Recent Development
8 Industry Chain Analysis
8.1 Low-speed Electric Vehicle Industrial Chain
8.2 Low-speed Electric Vehicle Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Low-speed Electric Vehicle Sales Model
8.5.2 Sales Channel
8.5.3 Low-speed Electric Vehicle Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
List of Tables Table 1. Low-speed Electric Vehicle Market Trends Table 2. Low-speed Electric Vehicle Market Drivers & Opportunity Table 3. Low-speed Electric Vehicle Market Challenges Table 4. Low-speed Electric Vehicle Market Restraints Table 5. Global Low-speed Electric Vehicle Revenue by Company (2019-2024) & (US$ Million) Table 6. Global Low-speed Electric Vehicle Revenue Market Share by Company (2019-2024) Table 7. Global Low-speed Electric Vehicle Sales Volume by Company (2019-2024) & (K Units) Table 8. Global Low-speed Electric Vehicle Sales Volume Market Share by Company (2019-2024) Table 9. Global Market Low-speed Electric Vehicle Price by Company (2019-2024) & (USD/Unit) Table 10. Key Manufacturers Low-speed Electric Vehicle Manufacturing Base Distribution and Headquarters Table 11. Key Manufacturers Low-speed Electric Vehicle Product Type Table 12. Key Manufacturers Time to Begin Mass Production of Low-speed Electric Vehicle Table 13. Global Low-speed Electric Vehicle Manufacturers Market Concentration Ratio (CR5 and HHI) Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Low-speed Electric Vehicle as of 2023) Table 15. Mergers & Acquisitions, Expansion Plans Table 16. Global Low-speed Electric Vehicle Sales Value by Type: 2019 VS 2023 VS 2030 (US$ Million) Table 17. Global Low-speed Electric Vehicle Sales Value by Type (2019-2024) & (US$ Million) Table 18. Global Low-speed Electric Vehicle Sales Value by Type (2025-2030) & (US$ Million) Table 19. Global Low-speed Electric Vehicle Sales Market Share in Value by Type (2019-2024) & (%) Table 20. Global Low-speed Electric Vehicle Sales Market Share in Value by Type (2025-2030) & (%) Table 21. Global Low-speed Electric Vehicle Sales Volume by Type: 2019 VS 2023 VS 2030 (K Units) Table 22. Global Low-speed Electric Vehicle Sales Volume by Type (2019-2024) & (K Units) Table 23. Global Low-speed Electric Vehicle Sales Volume by Type (2025-2030) & (K Units) Table 24. Global Low-speed Electric Vehicle Sales Market Share in Volume by Type (2019-2024) & (%) Table 25. Global Low-speed Electric Vehicle Sales Market Share in Volume by Type (2025-2030) & (%) Table 26. Global Low-speed Electric Vehicle Price by Type (2019-2024) & (USD/Unit) Table 27. Global Low-speed Electric Vehicle Price by Type (2025-2030) & (USD/Unit) Table 28. Global Low-speed Electric Vehicle Sales Value by Application: 2019 VS 2023 VS 2030 (US$ Million) Table 29. Global Low-speed Electric Vehicle Sales Value by Application (2019-2024) & (US$ Million) Table 30. Global Low-speed Electric Vehicle Sales Value by Application (2025-2030) & (US$ Million) Table 31. Global Low-speed Electric Vehicle Sales Market Share in Value by Application (2019-2024) & (%) Table 32. Global Low-speed Electric Vehicle Sales Market Share in Value by Application (2025-2030) & (%) Table 33. Global Low-speed Electric Vehicle Sales Volume by Application: 2019 VS 2023 VS 2030 (K Units) Table 34. Global Low-speed Electric Vehicle Sales Volume by Application (2019-2024) & (K Units) Table 35. Global Low-speed Electric Vehicle Sales Volume by Application (2025-2030) & (K Units) Table 36. Global Low-speed Electric Vehicle Sales Market Share in Volume by Application (2019-2024) & (%) Table 37. Global Low-speed Electric Vehicle Sales Market Share in Volume by Application (2025-2030) & (%) Table 38. Global Low-speed Electric Vehicle Price by Application (2019-2024) & (USD/Unit) Table 39. Global Low-speed Electric Vehicle Price by Application (2025-2030) & (USD/Unit) Table 40. Global Low-speed Electric Vehicle Sales Value by Region: 2019 VS 2023 VS 2030 (US$ Million) Table 41. Global Low-speed Electric Vehicle Sales Value by Region (2019-2024) & (US$ Million) Table 42. Global Low-speed Electric Vehicle Sales Value by Region (2025-2030) & (US$ Million) Table 43. Global Low-speed Electric Vehicle Sales Value by Region (2019-2024) & (%) Table 44. Global Low-speed Electric Vehicle Sales Value by Region (2025-2030) & (%) Table 45. Global Low-speed Electric Vehicle Sales Volume by Region (K Units): 2019 VS 2023 VS 2030 Table 46. Global Low-speed Electric Vehicle Sales Volume by Region (2019-2024) & (K Units) Table 47. Global Low-speed Electric Vehicle Sales Volume by Region (2025-2030) & (K Units) Table 48. Global Low-speed Electric Vehicle Sales Volume by Region (2019-2024) & (%) Table 49. Global Low-speed Electric Vehicle Sales Volume by Region (2025-2030) & (%) Table 50. Global Low-speed Electric Vehicle Average Price by Region (2019-2024) & (USD/Unit) Table 51. Global Low-speed Electric Vehicle Average Price by Region (2025-2030) & (USD/Unit) Table 52. Key Countries/Regions Low-speed Electric Vehicle Sales Value Growth Trends, (US$ Million): 2019 VS 2023 VS 2030 Table 53. Key Countries/Regions Low-speed Electric Vehicle Sales Value, (2019-2024) & (US$ Million) Table 54. Key Countries/Regions Low-speed Electric Vehicle Sales Value, (2025-2030) & (US$ Million) Table 55. Key Countries/Regions Low-speed Electric Vehicle Sales Volume, (2019-2024) & (K Units) Table 56. Key Countries/Regions Low-speed Electric Vehicle Sales Volume, (2025-2030) & (K Units) Table 57. Yogomo Company Information Table 58. Yogomo Introduction and Business Overview Table 59. Yogomo Low-speed Electric Vehicle Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 60. Yogomo Low-speed Electric Vehicle Product Offerings Table 61. Yogomo Recent Development Table 62. Shifeng Company Information Table 63. Shifeng Introduction and Business Overview Table 64. Shifeng Low-speed Electric Vehicle Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 65. Shifeng Low-speed Electric Vehicle Product Offerings Table 66. Shifeng Recent Development Table 67. Textron Company Information Table 68. Textron Introduction and Business Overview Table 69. Textron Low-speed Electric Vehicle Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 70. Textron Low-speed Electric Vehicle Product Offerings Table 71. Textron Recent Development Table 72. Dojo Company Information Table 73. Dojo Introduction and Business Overview Table 74. Dojo Low-speed Electric Vehicle Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 75. Dojo Low-speed Electric Vehicle Product Offerings Table 76. Dojo Recent Development Table 77. Byvin Company Information Table 78. Byvin Introduction and Business Overview Table 79. Byvin Low-speed Electric Vehicle Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 80. Byvin Low-speed Electric Vehicle Product Offerings Table 81. Byvin Recent Development Table 82. Polaris Company Information Table 83. Polaris Introduction and Business Overview Table 84. Polaris Low-speed Electric Vehicle Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 85. Polaris Low-speed Electric Vehicle Product Offerings Table 86. Polaris Recent Development Table 87. Lichi Company Information Table 88. Lichi Introduction and Business Overview Table 89. Lichi Low-speed Electric Vehicle Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 90. Lichi Low-speed Electric Vehicle Product Offerings Table 91. Lichi Recent Development Table 92. Baoya Company Information Table 93. Baoya Introduction and Business Overview Table 94. Baoya Low-speed Electric Vehicle Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 95. Baoya Low-speed Electric Vehicle Product Offerings Table 96. Baoya Recent Development Table 97. Tangjun Company Information Table 98. Tangjun Introduction and Business Overview Table 99. Tangjun Low-speed Electric Vehicle Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 100. Tangjun Low-speed Electric Vehicle Product Offerings Table 101. Tangjun Recent Development Table 102. Yamaha Company Information Table 103. Yamaha Introduction and Business Overview Table 104. Yamaha Low-speed Electric Vehicle Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 105. Yamaha Low-speed Electric Vehicle Product Offerings Table 106. Yamaha Recent Development Table 107. Fulu Company Information Table 108. Fulu Introduction and Business Overview Table 109. Fulu Low-speed Electric Vehicle Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 110. Fulu Low-speed Electric Vehicle Product Offerings Table 111. Fulu Recent Development Table 112. Xinyuzhou Company Information Table 113. Xinyuzhou Introduction and Business Overview Table 114. Xinyuzhou Low-speed Electric Vehicle Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 115. Xinyuzhou Low-speed Electric Vehicle Product Offerings Table 116. Xinyuzhou Recent Development Table 117. GreenWheel EV Company Information Table 118. GreenWheel EV Introduction and Business Overview Table 119. GreenWheel EV Low-speed Electric Vehicle Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 120. GreenWheel EV Low-speed Electric Vehicle Product Offerings Table 121. GreenWheel EV Recent Development Table 122. Incalu Company Information Table 123. Incalu Introduction and Business Overview Table 124. Incalu Low-speed Electric Vehicle Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 125. Incalu Low-speed Electric Vehicle Product Offerings Table 126. Incalu Recent Development Table 127. Kandi Company Information Table 128. Kandi Introduction and Business Overview Table 129. Kandi Low-speed Electric Vehicle Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 130. Kandi Low-speed Electric Vehicle Product Offerings Table 131. Kandi Recent Development Table 132. Renault Company Information Table 133. Renault Introduction and Business Overview Table 134. Renault Low-speed Electric Vehicle Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 135. Renault Low-speed Electric Vehicle Product Offerings Table 136. Renault Recent Development Table 137. APACHE Company Information Table 138. APACHE Introduction and Business Overview Table 139. APACHE Low-speed Electric Vehicle Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 140. APACHE Low-speed Electric Vehicle Product Offerings Table 141. APACHE Recent Development Table 142. Garia Company Information Table 143. Garia Introduction and Business Overview Table 144. Garia Low-speed Electric Vehicle Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 145. Garia Low-speed Electric Vehicle Product Offerings Table 146. Garia Recent Development Table 147. Zheren Company Information Table 148. Zheren Introduction and Business Overview Table 149. Zheren Low-speed Electric Vehicle Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 150. Zheren Low-speed Electric Vehicle Product Offerings Table 151. Zheren Recent Development Table 152. Ingersoll Rand Company Information Table 153. Ingersoll Rand Introduction and Business Overview Table 154. Ingersoll Rand Low-speed Electric Vehicle Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 155. Ingersoll Rand Low-speed Electric Vehicle Product Offerings Table 156. Ingersoll Rand Recent Development Table 157. CitEcar Electric Vehicles Company Information Table 158. CitEcar Electric Vehicles Introduction and Business Overview Table 159. CitEcar Electric Vehicles Low-speed Electric Vehicle Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 160. CitEcar Electric Vehicles Low-speed Electric Vehicle Product Offerings Table 161. CitEcar Electric Vehicles Recent Development Table 162. Eagle Company Information Table 163. Eagle Introduction and Business Overview Table 164. Eagle Low-speed Electric Vehicle Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 165. Eagle Low-speed Electric Vehicle Product Offerings Table 166. Eagle Recent Development Table 167. Taiqi Company Information Table 168. Taiqi Introduction and Business Overview Table 169. Taiqi Low-speed Electric Vehicle Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 170. Taiqi Low-speed Electric Vehicle Product Offerings Table 171. Taiqi Recent Development Table 172. Key Raw Materials Lists Table 173. Raw Materials Key Suppliers Lists Table 174. Low-speed Electric Vehicle Downstream Customers Table 175. Low-speed Electric Vehicle Distributors List Table 176. Research Programs/Design for This Report Table 177. Key Data Information from Secondary Sources Table 178. Key Data Information from Primary Sources List of Figures Figure 1. Low-speed Electric Vehicle Product Picture Figure 2. Global Low-speed Electric Vehicle Sales Value, 2019 VS 2023 VS 2030 (US$ Million) Figure 3. Global Low-speed Electric Vehicle Sales Value (2019-2030) & (US$ Million) Figure 4. Global Low-speed Electric Vehicle Sales Volume (2019-2030) & (K Units) Figure 5. Global Low-speed Electric Vehicle Sales Price (2019-2030) & (USD/Unit) Figure 6. Low-speed Electric Vehicle Report Years Considered Figure 7. Global Low-speed Electric Vehicle Players Revenue Ranking (2023) & (US$ Million) Figure 8. Global Low-speed Electric Vehicle Players Sales Volume Ranking (2023) & (K Units) Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Low-speed Electric Vehicle Revenue in 2023 Figure 10. Low-speed Electric Vehicle Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023 Figure 11. Lead-acid Battery EVs Picture Figure 12. Lithium-ion Battery EVs Picture Figure 13. Global Low-speed Electric Vehicle Sales Value by Type (2019 VS 2023 VS 2030) & (US$ Million) Figure 14. Global Low-speed Electric Vehicle Sales Value Market Share by Type, 2023 & 2030 Figure 15. Global Low-speed Electric Vehicle Sales Volume by Type (2019 VS 2023 VS 2030) & (K Units) Figure 16. Global Low-speed Electric Vehicle Sales Volume Market Share by Type, 2023 & 2030 Figure 17. Global Low-speed Electric Vehicle Price by Type (2019-2030) & (USD/Unit) Figure 18. Product Picture of Personal Use Figure 19. Product Picture of Commercial Use Figure 20. Product Picture of Public Utilities Figure 21. Global Low-speed Electric Vehicle Sales Value by Application (2019 VS 2023 VS 2030) & (US$ Million) Figure 22. Global Low-speed Electric Vehicle Sales Value Market Share by Application, 2023 & 2030 Figure 23. Global Low-speed Electric Vehicle Sales Volume by Application (2019 VS 2023 VS 2030) & (K Units) Figure 24. Global Low-speed Electric Vehicle Sales Volume Market Share by Application, 2023 & 2030 Figure 25. Global Low-speed Electric Vehicle Price by Application (2019-2030) & (USD/Unit) Figure 26. North America Low-speed Electric Vehicle Sales Value (2019-2030) & (US$ Million) Figure 27. North America Low-speed Electric Vehicle Sales Value by Country (%), 2023 VS 2030 Figure 28. Europe Low-speed Electric Vehicle Sales Value (2019-2030) & (US$ Million) Figure 29. Europe Low-speed Electric Vehicle Sales Value by Country (%), 2023 VS 2030 Figure 30. Asia Pacific Low-speed Electric Vehicle Sales Value (2019-2030) & (US$ Million) Figure 31. Asia Pacific Low-speed Electric Vehicle Sales Value by Country (%), 2023 VS 2030 Figure 32. South America Low-speed Electric Vehicle Sales Value (2019-2030) & (US$ Million) Figure 33. South America Low-speed Electric Vehicle Sales Value by Country (%), 2023 VS 2030 Figure 34. Middle East & Africa Low-speed Electric Vehicle Sales Value (2019-2030) & (US$ Million) Figure 35. Middle East & Africa Low-speed Electric Vehicle Sales Value by Country (%), 2023 VS 2030 Figure 36. Key Countries/Regions Low-speed Electric Vehicle Sales Value (%), (2019-2030) Figure 37. Key Countries/Regions Low-speed Electric Vehicle Sales Volume (%), (2019-2030) Figure 38. United States Low-speed Electric Vehicle Sales Value, (2019-2030) & (US$ Million) Figure 39. United States Low-speed Electric Vehicle Sales Value by Type (%), 2023 VS 2030 Figure 40. United States Low-speed Electric Vehicle Sales Value by Application (%), 2023 VS 2030 Figure 41. Europe Low-speed Electric Vehicle Sales Value, (2019-2030) & (US$ Million) Figure 42. Europe Low-speed Electric Vehicle Sales Value by Type (%), 2023 VS 2030 Figure 43. Europe Low-speed Electric Vehicle Sales Value by Application (%), 2023 VS 2030 Figure 44. China Low-speed Electric Vehicle Sales Value, (2019-2030) & (US$ Million) Figure 45. China Low-speed Electric Vehicle Sales Value by Type (%), 2023 VS 2030 Figure 46. China Low-speed Electric Vehicle Sales Value by Application (%), 2023 VS 2030 Figure 47. Japan Low-speed Electric Vehicle Sales Value, (2019-2030) & (US$ Million) Figure 48. Japan Low-speed Electric Vehicle Sales Value by Type (%), 2023 VS 2030 Figure 49. Japan Low-speed Electric Vehicle Sales Value by Application (%), 2023 VS 2030 Figure 50. South Korea Low-speed Electric Vehicle Sales Value, (2019-2030) & (US$ Million) Figure 51. South Korea Low-speed Electric Vehicle Sales Value by Type (%), 2023 VS 2030 Figure 52. South Korea Low-speed Electric Vehicle Sales Value by Application (%), 2023 VS 2030 Figure 53. Southeast Asia Low-speed Electric Vehicle Sales Value, (2019-2030) & (US$ Million) Figure 54. Southeast Asia Low-speed Electric Vehicle Sales Value by Type (%), 2023 VS 2030 Figure 55. Southeast Asia Low-speed Electric Vehicle Sales Value by Application (%), 2023 VS 2030 Figure 56. India Low-speed Electric Vehicle Sales Value, (2019-2030) & (US$ Million) Figure 57. India Low-speed Electric Vehicle Sales Value by Type (%), 2023 VS 2030 Figure 58. India Low-speed Electric Vehicle Sales Value by Application (%), 2023 VS 2030 Figure 59. Low-speed Electric Vehicle Industrial Chain Figure 60. Low-speed Electric Vehicle Manufacturing Cost Structure Figure 61. Channels of Distribution (Direct Sales, and Distribution) Figure 62. Bottom-up and Top-down Approaches for This Report Figure 63. Data Triangulation Figure 64. Key Executives Interviewed
A low speed electric vehicle (LSV) is a four-wheeled vehicle with an attainable speed of more than 20 miles per hour but not more than 25 miles per hour (in China, not more than 70 kilometers per hour) on a paved surface, and it has a gross vehicle weight rating (GVWR) of less than 3,001 pounds. It cannot be powered by gas or diesel fuel. The global market for Low-speed Electric Vehicle was estimated to be worth US$ 7137 million in 2023 and is forecast to a readjusted size of US$ 9001.1 million by 2030 with a CAGR of 3.3% during the forecast period 2024-2030
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million. Report Scope This report aims to provide a comprehensive presentation of the global market for Low-speed Electric Vehicle, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Low-speed Electric Vehicle by region & country, by Type, and by Application. The Low-speed Electric Vehicle market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Low-speed Electric Vehicle. Market Segmentation
Chapter Outline Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. Chapter 2: Detailed analysis of Low-speed Electric Vehicle manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets. Chapter 5: Sales, revenue of Low-speed Electric Vehicle in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world. Chapter 6: Sales, revenue of Low-speed Electric Vehicle in country level. It provides sigmate data by Type, and by Application for each country/region. Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry. Chapter 9: Conclusion.
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English
Simon Lee
English
Hitesh
Chinese
Damon
Japanese
Tang Xin
Korean
Sung-Bin Yoon
Competition
Key players, new entrants,acquisitions, mergers and expansions,development trends and challenges.
Industry Analysis
Rawmaterial, application, product type, demand,supply,downstream, supply chain etc.
Market Size
Capacity, production, sales, revenue, price, cost etc.
Customized Information
We can offer customized survey and information to meet ourclient's need.
Fastest report delivery service
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In-depth and comprehensive analysis
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English
Simon Lee
English
Hitesh
Chinese
Damon
Japanese
Tang Xin
Korean
Sung-Bin Yoon
Competition
Key players, new entrants,acquisitions, mergers and expansions,development trends and challenges.
Industry Analysis
Rawmaterial, application, product type, demand,supply,downstream, supply chain etc.
Market Size
Capacity, production, sales, revenue, price, cost etc.
Customized Information
We can offer customized survey and information to meet ourclient's need.
Fastest report delivery service
More than 17 years of vast experience
Operation for 24 * 7 & 365 days
In-depth and comprehensive analysis
Professional and timely after-sales service
Owns large database
Add to Cart
Buy Now