Battery Tech & Government Incentives Fuel Electric Three‑Wheeler Market Expansion
Market Overview The global electric three-wheeler market reached USD 783 million in 2024 and is projected to grow at a CAGR of 8%, reaching USD 1,565.2 million by 2033. Growth is driven by expanding urban populations, stricter emissions standards, stronger government policy support, and continual battery tech advancements. As fuel prices rise, these compact EVs are increasingly used in … Read more