세계의 전기 삼륜차 시장 : 모터 출력별, 배터리용량별, 배터리 유형별, 최종 용도별, 모터 유형별, 적재량별, 항속 거리별, 지역별, 예측(-2032년)

The electric 3 wheeler market is projected to reach USD 3.85 billion by 2032, from USD 2.68 billion in 2025, with a CAGR of 5.3%. The global market is rapidly moving toward large-scale deployment, driven by heightened demand for low-cost last-mile mobility and strong policy support across Asia.

Fleet operators are prioritizing vehicles that deliver lower operating costs and higher uptime, supported by advancements in battery swapping, connected fleet management, and improved payload efficiency. With a total cost of ownership now estimated to be 30-40% lower than that of ICE models, electric 3-wheelers are becoming mainstream assets for logistics, delivery, and passenger transport. The combination of government incentives, supportive financing, and the extended range of vehicle models from both established OEMs and new entrants is accelerating fleet transition. This shift is positioning electric 3-wheelers as the fastest-commercializing segment in the electric mobility ecosystem across emerging markets.

"Fleet economics and delivery growth to drive dominance of 300-500 kg electric 3-wheelers"

Payload capacity is a pivotal metric for proprietors of electric 3-wheelers, as it prevents potential overloading and subsequent damage to the vehicle. Exceeding the vehicle's payload capacity could incur expenses associated with servicing and repairs, which are best avoided. Therefore, the payload capacity emerges as a critical consideration in the procurement of electric 3-wheelers. With the increasing use of electric 3-wheelers for the last-mile delivery of goods, the 300-500 kg segment offers a lower cost per kilometer and reduced downtime, improving the performance of electric 3-wheelers. Companies such as Mahindra & Mahindra Ltd., Atul Auto Ltd., Piaggio Group, Lohia Auto Industries, and Kinetic Green offer electric 3-wheelers with a payload capacity of 30-0500 kg. For instance, Jiangsu Jinpeng Group Co., Ltd. provides the Electric Rickshaw (X3) and Electric Tricycle (TL), with payload capacities of 400 kg and 332 kg, respectively. Hence, the market for electric 3-wheelers with a payload capacity of 300-500 kg is expected to remain dominant during the forecast period.

"Rise of last-mile mobility services to drive load carrier demand"

Various retail, logistics, and courier companies have already started adopting electric 3-wheelers on a small scale. With the improving performance of these vehicles from a commercial usage standpoint, the adoption rate of electric 3-wheeler load carriers is expected to grow exponentially. Electric 3-wheelers are widely used in the cargo segment, as they offer significantly lower operating costs per kilometer, making them ideal for high-frequency last-mile deliveries where cost efficiency directly impacts profitability. OEMs are partnering with logistics and last-mile delivery providers to increase the adoption of electric 3-wheelers in the industry. For instance, in January 2024, Omega Seiki Mobility partnered with Kissan Mobility to deploy 500 electric 3-wheelers for last-mile delivery. This partnership, valued at USD 2.40 million, encompasses various applications across multiple sectors, including e-commerce, fast-moving consumer goods, and durable goods segments.

"Asia Pacific to be leading regional market during forecast period"

Asia Pacific is expected to be the largest market for electric 3-wheelers during the forecast period. India is experiencing a rapid expansion of last-mile delivery and shared mobility services, which are increasingly adopting electric 3-wheelers to reduce operating costs. The Japanese government has also taken steps to increase the adoption of EVs in the country as part of its emission reduction programs, leading to the growth of Japan's electric 3 wheeler market. Similarly, Bangladesh prepared an auto industry policy that called for at least 15% of registered vehicles to be powered by environmentally friendly electricity by 2030. This is expected to drive the electric 3 wheeler market in Bangladesh. Furthermore, the Philippines has been promoting the use of electric 3-wheelers nationwide, including as a form of public transportation. Major cities in the country have started using electric 3-wheelers to transport residents and transient workers. Electric 3-wheelers are also used in the Philippines' business districts and urban areas. Together, these factors are expected to position Asia Pacific as the leading electric 3 wheeler market.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.

• By Company Type: OEMs - 24%, Tier I - 67%, Tier II and Tier III - 9%
• By Designation: CXOs - 33%, Managers - 52%, Executives - 15%
• By Country: North America - 10%, Europe - 10%, Asia Pacific - 50%, Southeast Asia - 20% Rest of the World - 10%

The electric 3 wheeler market is dominated by a few globally established players, such as Mahindra & Mahindra Ltd. (India), YC Electric Vehicle (India), Saera Electric Auto Pvt. Ltd. (India), Piaggio Group (Italy), and Bajaj Auto Ltd. (India). These companies manufacture and supply electric 3-wheelers to various countries globally. They have set up R&D infrastructure and offer best-in-class solutions to their customers.

Research Coverage:

This research report categorizes electric 3 wheeler market by end use (passenger carriers, load carriers), range (less than 50 miles, above 50 miles), battery type (lead acid, lithium-ion, other types), battery capacity (below 5 kWh, 5-8 kWh, and above 8 kWh), motor type (hub motor, mid motor, and other motors), motor power (below 1,500 W, 1,500-3,500 W, and above 3,000 W), payload capacity (up to 300 kg, 300-500 kg, and above 500 kg), and region (Asia Pacific, Southeast Asia, Europe, North America, and Rest of the World). It covers the competitive landscape and company profiles of the major players in the electric 3 wheeler market. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying this Report:

• This report will help market leaders/new entrants in this market with information on the closest approximations of revenue numbers for the overall electric 3 wheeler ecosystem and its subsegments.
• This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.
• This report will also help stakeholders understand the market's pulse and provide information on key market drivers, restraints, challenges, and opportunities.

The report provides insight on the following pointers:

• Analysis of key drivers (lower total cost of ownership; government regulations, incentives, and subsidies; advancements in battery technology coupled with reduced battery prices; increasing last-mile delivery), restraints (lack of charging infrastructure; limited power output, range, and speed; battery disposal and recycling concerns), challenges (automobile manufacturer and customer-oriented policies to promote electric 3 wheeler sales; partnership with delivery and logistics fleet operator; battery swapping offerings; fintech firms offering easy loans), and opportunities (limited battery capacity; lack of compatibility, interchangeability, and standardization).
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the electric 3 wheeler market.
• Market Development: Comprehensive information about lucrative markets - the report analyzes the electric 3 wheeler market across various regions.
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the electric 3 wheeler market.
• Competitive Assessment: In-depth assessment of market ranking, growth strategies, and service offerings of leading players like Mahindra&Mahindra Ltd. (India), YC Electric Vehicle (India), Saera Electric Auto Pvt. Ltd. (India), Piaggio Group (Italy), and Bajaj Auto Ltd. (India), among others.

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 STUDY OBJECTIVES
• 1.2 MARKET DEFINITION
• 1.3 STUDY SCOPE
  • 1.3.1 MARKET SEGMENTATION AND REGIONAL SCOPE
• 1.4 YEARS CONSIDERED
• 1.5 CURRENCY CONSIDERED
• 1.6 STAKEHOLDERS
• 1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

• 2.1 RESEARCH DATA
  • 2.1.1 SECONDARY DATA
    • 2.1.1.1 List of secondary sources
    • 2.1.1.2 Key data from secondary sources
  • 2.1.2 PRIMARY DATA
    • 2.1.2.1 Primary interviews: Demand and supply sides
    • 2.1.2.2 Key industry insights and breakdown of primary interviews
    • 2.1.2.3 List of primary participants
• 2.2 MARKET SIZE ESTIMATION
  • 2.2.1 BOTTOM-UP APPROACH
  • 2.2.2 TOP-DOWN APPROACH
• 2.3 DATA TRIANGULATION
• 2.4 FACTOR ANALYSIS
• 2.5 RESEARCH ASSUMPTIONS
• 2.6 RESEARCH LIMITATIONS

3 EXECUTIVE SUMMARY

• 3.1 KEY INSIGHTS AND MARKET HIGHLIGHTS
• 3.2 KEY MARKET PARTICIPANTS: INSIGHTS AND STRATEGIC DEVELOPMENTS
• 3.3 DISRUPTIVE TRENDS SHAPING ELECTRIC 3 WHEELER MARKET
• 3.4 HIGH-GROWTH SEGMENTS & EMERGING FRONTIERS
• 3.5 POWER-PAYLOAD OPTIMIZATION AND BATTERY-PERFORMANCE ALIGNMENT DEFINING COMPETITIVE POSITIONING IN ELECTRIC 3 WHEELERS
• 3.6 SNAPSHOT: GLOBAL MARKET SIZE, GROWTH RATE, AND FORECAST

4 PREMIUM INSIGHTS

• 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ELECTRIC 3 WHEELER MARKET
• 4.2 ELECTRIC 3 WHEELER MARKET, BY MOTOR POWER
• 4.3 ELECTRIC 3 WHEELER MARKET, BY BATTERY TYPE
• 4.4 ELECTRIC 3 WHEELER MARKET, BY RANGE
• 4.5 ELECTRIC 3 WHEELER MARKET, BY BATTERY CAPACITY
• 4.6 ELECTRIC 3 WHEELER MARKET, BY END USE
• 4.7 ELECTRIC 3 WHEELER MARKET, BY PAYLOAD CAPACITY
• 4.8 ELECTRIC 3 WHEELER MARKET, BY MOTOR TYPE
• 4.9 ELECTRIC 3 WHEELER MARKET, BY REGION

5 MARKET OVERVIEW

• 5.1 INTRODUCTION
• 5.2 MARKET DYNAMICS
  • 5.2.1 DRIVERS
    • 5.2.1.1 Low operating and maintenance costs
    • 5.2.1.2 Government regulations, incentives, and subsidies
    • 5.2.1.3 Advancements in battery technology coupled with reducing battery prices
    • 5.2.1.4 Established market for electric 3 wheelers in urban transportation
    • 5.2.1.5 Automobile manufacturer- and customer-oriented policies to promote electric 3 wheeler sales
  • 5.2.2 RESTRAINTS
    • 5.2.2.1 Lack of charging infrastructure
    • 5.2.2.2 Limited power output, range, and speed of electric 3 wheelers
  • 5.2.3 OPPORTUNITIES
    • 5.2.3.1 Partnership between delivery and logistics fleet operators
  • 5.2.4 CHALLENGES
    • 5.2.4.1 Limited battery capacity
    • 5.2.4.2 Lack of compatibility, interchangeability, and standardization
• 5.3 UNMET NEEDS AND WHITE SPACES
  • 5.3.1 INFRASTRUCTURE GAP IN SMALLER TOWNS AND RURAL AREAS
  • 5.3.2 MODULAR PLATFORMS FOR DUAL USE IN ELECTRIC 3 WHEELERS

6 CUSTOMER LANDSCAPE AND BUYER BEHAVIOR

• 6.1 DECISION-MAKING PROCESS
• 6.2 KEY STAKEHOLDERS & BUYING CRITERIA
  • 6.2.1 PASSENGER CARRIERS
  • 6.2.2 LOAD CARRIERS
  • 6.2.3 KEY STAKEHOLDERS IN BUYING PROCESS
  • 6.2.4 BUYING CRITERIA
• 6.3 ADOPTION BARRIERS AND INTERNAL CHALLENGES
• 6.4 UNMET NEEDS FROM VARIOUS END USES
• 6.5 MARKET PROFITABILITY
  • 6.5.1 REVENUE POTENTIAL
  • 6.5.2 COST DYNAMICS
  • 6.5.3 MARGIN OPPORTUNITIES, BY PAYLOAD CAPACITY

7 STRATEGIC DISRUPTION THROUGH TECHNOLOGY, PATENTS, DIGITAL, AND AI ADOPTION

• 7.1 TECHNOLOGY ANALYSIS
  • 7.1.1 INTRODUCTION
  • 7.1.2 KEY EMERGING TECHNOLOGIES
    • 7.1.2.1 Intelligent fleet management systems for electric 3 wheelers
    • 7.1.2.2 Regenerative braking systems
  • 7.1.3 COMPLEMENTARY TECHNOLOGIES
    • 7.1.3.1 Solar-powered electric 3 wheelers
    • 7.1.3.2 Swappable battery systems
  • 7.1.4 ADJACENT TECHNOLOGIES
    • 7.1.4.1 Solid-state battery (SSB)
• 7.2 TECHNOLOGY/PRODUCT ROADMAP
• 7.3 PATENT ANALYSIS
  • 7.3.1 INTRODUCTION
    • 7.3.1.1 Methodology
    • 7.3.1.2 Document type
    • 7.3.1.3 Insights
    • 7.3.1.4 Legal status of patents
    • 7.3.1.5 Jurisdiction analysis
    • 7.3.1.6 Top applicants
    • 7.3.1.7 List of patents
• 7.4 FUTURE APPLICATIONS
  • 7.4.1 BATTERY AS A SERVICE
  • 7.4.2 REGENERATIVE BRAKING IN ELECTRIC 3 WHEELERS

8 SUSTAINABILITY AND REGULATORY LANDSCAPE

• 8.1 REGULATORY LANDSCAPE
  • 8.1.1 LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • 8.1.2 KEY REGULATIONS, BY KEY COUNTRY
    • 8.1.2.1 India
    • 8.1.2.2 China
    • 8.1.2.3 Thailand
    • 8.1.2.4 Vietnam
• 8.2 SUSTAINABILITY INITIATIVES
  • 8.2.1 INDIA: AIS-183 STANDARD
  • 8.2.2 US: FMVSS AND UL STANDARDS
  • 8.2.3 EUROPEAN UNION: EEC CERTIFICATION

9 INDUSTRY TRENDS

• 9.1 MACROECONOMIC INDICATORS
  • 9.1.1 INTRODUCTION
  • 9.1.2 GDP TRENDS AND FORECAST
  • 9.1.3 TRENDS IN GLOBAL ELECTRIC 3 WHEELER INDUSTRY
• 9.2 ECOSYSTEM ANALYSIS
  • 9.2.1 RAW MATERIAL SUPPLIERS
  • 9.2.2 OEMS
  • 9.2.3 BATTERY MANUFACTURERS
  • 9.2.4 CHARGING INFRASTRUCTURE PROVIDERS
  • 9.2.5 POWERTRAIN MANUFACTURERS
  • 9.2.6 POWER ELECTRONICS SUPPLIERS
  • 9.2.7 MOTOR MANUFACTURERS
  • 9.2.8 TELEMATICS AND CONNECTED SOLUTION PROVIDERS
• 9.3 VALUE CHAIN ANALYSIS
• 9.4 EMERGING BUSINESS MODELS IN ELECTRIC 3 WHEELER MARKET
  • 9.4.1 FLEET-AS-A-SERVICE (FAAS): ACCELERATING ELECTRIC 3 WHEELER ADOPTION THROUGH MANAGED MOBILITY SOLUTIONS
• 9.5 REGION-LEVEL READINESS INDEX FOR ELECTRIC 3 WHEELER MARKET
• 9.6 PRICING ANALYSIS
  • 9.6.1 AVERAGE SELLING PRICE TREND OF ELECTRIC 3 WHEELERS, BY KEY PLAYER
  • 9.6.2 AVERAGE SELLING PRICE TREND, BY REGION, 2022-2024
• 9.7 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
• 9.8 INVESTMENT & FUNDING SCENARIO
• 9.9 TOTAL COST OF OWNERSHIP FOR ELECTRIC 3 WHEELER MARKET
• 9.10 BILL OF MATERIALS (BOM) ANALYSIS
• 9.11 HS CODE
  • 9.11.1 IMPORT SCENARIO (HS CODE 870390)
  • 9.11.2 EXPORT SCENARIO (HS CODE 870390)
• 9.12 KEY CONFERENCES & EVENTS, 2025-2026
• 9.13 CASE STUDY ANALYSIS
  • 9.13.1 DEPLOYMENT OF ELECTRIC TRICYCLES WITH ONBOARD TELEMATICS TO MONITOR BATTERY STATE, DISPATCH SCHEDULE, AND CHARGING USAGE
  • 9.13.2 LOCAL GOVERNMENT SUPPORT COVERING CHARGING INFRASTRUCTURE AND SUPPLY SIDE MEASURES TO REDUCE VEHICLE COSTS
  • 9.13.3 RACE DESIGNED LIGHTWEIGHT, ENERGY-DENSE BATTERY PACKS THAT CAN BE SWAPPED IN MINUTES
  • 9.13.4 SUN MOBILITY INTRODUCED SUBSCRIPTION-BASED SWAPPING MODEL WHERE USERS PAY ONLY FOR ENERGY CONSUMED
• 9.14 MNM INSIGHTS INTO EV BATTERY REQUIREMENTS FOR ELECTRIC 3 WHEELER MARKET
  • 9.14.1 ELECTRIC 3 WHEELER CARGO MODELS: PAYLOAD CAPACITY VS. MOTOR POWER BENCHMARKING
  • 9.14.2 EVOLVING POWER-BATTERY ALIGNMENT DRIVING PRODUCT SEGMENTATION IN ELECTRIC 3 WHEELER PASSENGER MARKET

10 ELECTRIC 3 WHEELER MARKET, BY MOTOR POWER

• 10.1 INTRODUCTION
• 10.2 BELOW 1,500 W
  • 10.2.1 RISING DEMAND FOR LOW-POWERED EVS FOR SHORT-DISTANCE TRAVEL TO BOOST GROWTH
• 10.3 1,500-3,500 W
  • 10.3.1 FOCUS ON ENHANCING LOAD CAPACITY AND RANGE TO DRIVE DEMAND
• 10.4 ABOVE 3,500 W
  • 10.4.1 EXPANSION IN HIGH-CAPACITY GOODS TRANSPORT AND HEAVY-DUTY URBAN LOGISTICS TO FUEL DEMAND
• 10.5 KEY PRIMARY INSIGHTS

11 ELECTRIC 3 WHEELER MARKET, BY BATTERY CAPACITY

• 11.1 INTRODUCTION
• 11.2 BELOW 5 KWH
  • 11.2.1 RISING DEMAND FOR COST-EFFECTIVE AND ZERO-EMISSION TRANSPORT SOLUTIONS TO PROPEL MARKET GROWTH
• 11.3 5-8 KWH
  • 11.3.1 GROWING DEMAND FOR LONG-RANGE AND HIGH LOAD CAPACITY TO FUEL MARKET EXPANSION
• 11.4 ABOVE 8 KWH
  • 11.4.1 GROWING DEMAND FOR HIGH BATTERY CAPACITY FOR LAST-MILE DELIVERY TO DRIVE MARKET
• 11.5 KEY PRIMARY INSIGHTS

12 ELECTRIC 3 WHEELER MARKET, BY BATTERY TYPE

• 12.1 INTRODUCTION
• 12.2 LEAD ACID
  • 12.2.1 DEMAND FOR LOW-COST BATTERIES TO DRIVE MARKET
• 12.3 LITHIUM-ION
  • 12.3.1 ONGOING INNOVATIONS AND ADVANCEMENTS IN BATTERY TECHNOLOGY TO DRIVE MARKET
• 12.4 OTHERS
• 12.5 KEY PRIMARY INSIGHTS

13 ELECTRIC 3 WHEELER MARKET, BY END USE

• 13.1 INTRODUCTION
• 13.2 PASSENGER CARRIER
  • 13.2.1 GROWING GOVERNMENT SUPPORT AND EASY AVAILABILITY OF FINANCE TO DRIVE GROWTH
• 13.3 LOAD CARRIER
  • 13.3.1 GROWING DEMAND FOR LAST-MILE MOBILITY SERVICES TO DRIVE MARKET
• 13.4 KEY PRIMARY INSIGHTS

14 ELECTRIC 3 WHEELER MARKET, BY MOTOR TYPE

• 14.1 INTRODUCTION
• 14.2 HUB MOTOR
  • 14.2.1 RISING DEMAND FOR VEHICLES WITH ENHANCED ACCELERATION, CONTROL, AND MAINTENANCE EFFICIENCY TO DRIVE MARKET
• 14.3 MID MOTOR
  • 14.3.1 MID MOTORS FAVORED FOR MODULAR ASSEMBLY AND SCALABILITY
• 14.4 KEY PRIMARY INSIGHTS

15 ELECTRIC 3 WHEELER MARKET, BY PAYLOAD CAPACITY

• 15.1 INTRODUCTION
• 15.2 UP TO 300 KG
  • 15.2.1 DEMAND FOR AFFORDABLE TRANSPORT OF GOODS OVER SHORT DISTANCES TO DRIVE MARKET
• 15.3 300-500 KG
  • 15.3.1 RAPID GROWTH IN E-COMMERCE INDUSTRY TO BOOST MARKET
• 15.4 ABOVE 500 KG
  • 15.4.1 GROWING DEMAND FOR BETTER UNIT ECONOMICS IN ELECTRIC LAST-MILE DELIVERY TO DRIVE MARKET
• 15.5 KEY PRIMARY INSIGHTS

16 ELECTRIC 3 WHEELER MARKET, BY RANGE

• 16.1 INTRODUCTION
• 16.2 LESS THAN 50 MILES
  • 16.2.1 INCREASING SHORT-DISTANCE URBAN COMMUTING TO DRIVE MARKET
• 16.3 ABOVE 50 MILES
  • 16.3.1 SHIFT TOWARD LI-ION BATTERIES AND REDUCTION IN BATTERY COSTS TO DRIVE DEMAND
• 16.4 KEY PRIMARY INSIGHTS

17 ELECTRIC 3 WHEELER MARKET, BY REGION

• 17.1 INTRODUCTION
• 17.2 ASIA PACIFIC
  • 17.2.1 INDIA
    • 17.2.1.1 Expansion of e-commerce and quick-commerce to drive rapid adoption of electric load carriers
  • 17.2.2 JAPAN
    • 17.2.2.1 Last-mile logistics to create strategic pathways for electric 3 wheelers
  • 17.2.3 BANGLADESH
    • 17.2.3.1 Demand for low-cost, locally produced electric rickshaws to drive market
  • 17.2.4 NEPAL
    • 17.2.4.1 Rising adoption of 3 wheelers and private sector financing to drive market
  • 17.2.5 SRI LANKA
    • 17.2.5.1 Increased tourism and urban commuting to sustain dominance of electric passenger carriers
  • 17.2.6 CHINA
    • 17.2.6.1 Rural mobility demand and local transport needs to drive dominance of electric passenger carriers
  • 17.2.7 SOUTH KOREA
    • 17.2.7.1 Need for compact, low-emission transport for dense urban areas to drive market
• 17.3 EUROPE
  • 17.3.1 GERMANY
    • 17.3.1.1 Multimodal transport policies to create strategic space for passenger 3 wheelers
  • 17.3.2 FRANCE
    • 17.3.2.1 City freight decarbonization policies to create momentum for electric load carriers
  • 17.3.3 SPAIN
    • 17.3.3.1 Tourism-driven urban mobility policies to strengthen adoption of passenger electric 3 wheelers
  • 17.3.4 ITALY
    • 17.3.4.1 ZTL expansion and urban density to drive adoption of electric load carriers
  • 17.3.5 UK
    • 17.3.5.1 Government plans to electrify all on-road vehicles from 2035 to drive market
• 17.4 NORTH AMERICA
  • 17.4.1 US
    • 17.4.1.1 Government plans to slash tailpipe emissions by 49% by 2032 to drive market
  • 17.4.2 CANADA
    • 17.4.2.1 Urban transport electrification to create strategic space for passenger 3 wheelers
• 17.5 REST OF THE WORLD
  • 17.5.1 SOUTH AFRICA
    • 17.5.1.1 Increase in EV imports and improvement in EV charging infrastructure to drive market
  • 17.5.2 KENYA
    • 17.5.2.1 National electric vehicles' policy to drive market
• 17.6 SOUTHEAST ASIA
  • 17.6.1 THAILAND
    • 17.6.1.1 Public-private collaboration to accelerate deployment of electric 3 wheelers in urban centers
  • 17.6.2 INDONESIA
    • 17.6.2.1 Integration of local manufacturing and national industrial policy to advance passenger EV uptake
  • 17.6.3 PHILIPPINES
    • 17.6.3.1 Expansion of last-mile logistics to drive rapid electrification of cargo 3 wheelers
  • 17.6.4 VIETNAM
    • 17.6.4.1 Supportive government policies for EV adoption to drive market

18 COMPETITIVE LANDSCAPE

• 18.1 INTRODUCTION
• 18.2 OVERVIEW OF KEY PLAYER STRATEGIES, 2023-2025
• 18.3 MARKET SHARE ANALYSIS
• 18.4 REVENUE ANALYSIS
• 18.5 COMPANY VALUATION AND FINANCIAL METRICS
• 18.6 BRAND/PRODUCT COMPARISON
• 18.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
  • 18.7.1 STARS
  • 18.7.2 EMERGING LEADERS
  • 18.7.3 PERVASIVE PLAYERS
  • 18.7.4 PARTICIPANTS
  • 18.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024
• 18.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
  • 18.8.1 PROGRESSIVE COMPANIES
  • 18.8.2 RESPONSIVE COMPANIES
  • 18.8.3 DYNAMIC COMPANIES
  • 18.8.4 STARTING BLOCKS
  • 18.8.5 COMPETITIVE BENCHMARKING
• 18.9 COMPETITIVE SCENARIO
  • 18.9.1 PRODUCT LAUNCHES
  • 18.9.2 DEALS
  • 18.9.3 EXPANSION
  • 18.9.4 OTHER DEVELOPMENTS

19 COMPANY PROFILES

• 19.1 KEY PLAYERS
  • 19.1.1 MAHINDRA&MAHINDRA LTD.
    • 19.1.1.1 Business overview
    • 19.1.1.2 Products/Services offered
    • 19.1.1.3 Recent developments
    • 19.1.1.4 MnM view
      • 19.1.1.4.1 Key strengths
      • 19.1.1.4.2 Strategic choices
      • 19.1.1.4.3 Weaknesses and competitive threats
  • 19.1.2 YATRI ELECTRIC VEHICLE
    • 19.1.2.1 Business overview
    • 19.1.2.2 Products/Services offered
    • 19.1.2.3 MnM view
      • 19.1.2.3.1 Key strengths
      • 19.1.2.3.2 Strategic choices
      • 19.1.2.3.3 Weaknesses and competitive threats
  • 19.1.3 BAJAJ AUTO LTD.
    • 19.1.3.1 Business overview
    • 19.1.3.2 Products/Services offered
    • 19.1.3.3 Recent developments
    • 19.1.3.4 MnM view
      • 19.1.3.4.1 Key strengths
      • 19.1.3.4.2 Strategic choices
      • 19.1.3.4.3 Weaknesses and competitive threats
  • 19.1.4 SAERA ELECTRIC AUTO LIMITED
    • 19.1.4.1 Business overview
    • 19.1.4.2 Products/Services offered
    • 19.1.4.3 Recent developments
    • 19.1.4.4 MnM view
      • 19.1.4.4.1 Key strengths
      • 19.1.4.4.2 Strategic choices
      • 19.1.4.4.3 Weaknesses and competitive threats
  • 19.1.5 PIAGGIO & C. SPA
    • 19.1.5.1 Business overview
    • 19.1.5.2 Products/Services offered
    • 19.1.5.3 Recent developments
    • 19.1.5.4 MnM view
      • 19.1.5.4.1 Key strengths
      • 19.1.5.4.2 Strategic choices
      • 19.1.5.4.3 Weaknesses and competitive threats
  • 19.1.6 CITYLIFE ELECTRIC VEHICLES
    • 19.1.6.1 Business overview
    • 19.1.6.2 Products/Services offered
  • 19.1.7 KINETIC
    • 19.1.7.1 Business overview
    • 19.1.7.2 Products/Services offered
    • 19.1.7.3 Recent developments
  • 19.1.8 MINI METRO
    • 19.1.8.1 Business overview
    • 19.1.8.2 Products/Services offered
  • 19.1.9 ATUL AUTO LIMITED
    • 19.1.9.1 Business overview
    • 19.1.9.2 Products/Services offered
    • 19.1.9.3 Recent developments
  • 19.1.10 TERRA MOTORS
    • 19.1.10.1 Business overview
    • 19.1.10.2 Products/Services offered
    • 19.1.10.3 Recent developments
  • 19.1.11 LOHIA AUTO INDUSTRIES (ZUPERIA AUTO PRIVATE LIMITED)
    • 19.1.11.1 Business overview
    • 19.1.11.2 Products/Services offered
  • 19.1.12 OMEGA SEIKI MOBILITY
    • 19.1.12.1 Business overview
    • 19.1.12.2 Products/Services offered
    • 19.1.12.3 Recent developments
• 19.2 OTHER PLAYERS
  • 19.2.1 JIANGSU JINPENG GROUP CO., LTD.
  • 19.2.2 SKYRIDE E RICKSHAW
  • 19.2.3 SHADO GROUP INTERNATIONAL PTE. LTD. (DATANYZE)
  • 19.2.4 XIANGHE QIANGSHENG ELECTRIC TRICYCLE FACTORY
  • 19.2.5 KYBURZ
  • 19.2.6 PROZZA HIROSE MANUFACTURING INC.
  • 19.2.7 GAYAM MOTOR WORKS PVT. LTD.
  • 19.2.8 BEMAC CORPORATION
  • 19.2.9 J.S. AUTO (P) LTD.
  • 19.2.10 SAARTHI E-RICKSHAW
  • 19.2.11 UNIQUE INTERNATIONAL
  • 19.2.12 EULER MOTORS
  • 19.2.13 LECTRIX E-VEHICLE PVT. LTD.

20 APPENDIX

• 20.1 KEY INSIGHTS FROM INDUSTRY EXPERTS
• 20.2 DISCUSSION GUIDE
• 20.3 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
• 20.4 CUSTOMIZATION OPTIONS
  • 20.4.1 ELECTRIC 3 WHEELER MARKET, BY BATTERY TYPE, AT THE COUNTRY LEVEL (FOR COUNTRIES COVERED IN THE REPORT)
  • 20.4.2 ELECTRIC 3 WHEELER MARKET, BY BATTERY CAPACITY, AT THE COUNTRY LEVEL (FOR COUNTRIES COVERED IN THE REPORT)
  • 20.4.3 COMPANY INFORMATION
    • 20.4.3.1 Profiling of additional market players (up to 5)
• 20.5 RELATED REPORTS
• 20.6 AUTHOR DETAILS