Posts Tagged ‘electric two wheeler market demand’
The Asian electric two-wheeler market is predicted to grow at 7.0% CAGR during the forecast period with its fleet size reaching 59.3 million units by 2024. The Asian market is primarily driven by the government support and initiatives for electric vehicles, increasing awareness for curbing vehicular emissions. The technological advancements in battery technology, government support and ...
The Vietnam electric two-wheeler market is predicted to grow at 5.8% CAGR during the forecast period. The Vietnam market is primarily driven by the anticipated government regulations for developing electric vehicle industry and increasing awareness regarding the use of electric vehicles among consumers. In spite of minimal government support for electric vehicles in Vietnam, consumer awareness has ...
The Philippines electric two-wheeler market is predicted to grow at 6.1% CAGR during the forecast period The Philippines market is primarily driven by the rapidly growing due to the efforts of the non-government and government organizations. The Philippines light electric vehicles market is rapidly growing due to the efforts of the non-government and government organizations. The Electric ...
The Malaysian electric two-wheeler market is predicted to grow at 14.40% CAGR during the forecast period. The Malaysian market is primarily driven by anticipated government initiatives in the coming years along with need to curb the vehicular emissions. The Malaysian light electric vehicles market is primarily driven by the anticipated government initiatives in the coming years along ...
The Indonesian electric two-wheeler market is predicted to grow at 14.2% CAGR during the forecast period with its fleet size reaching 41.0 thousand units by 2024. The Indonesian market is primarily driven by the as large population and supportive government regulations. Some of the other factors fueling the growth of the market are high level of vehicular ...
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