Global Low-Speed Electric Vehicles Market Worth $ 132.5 Billion by 2021

Date: 2018-04-09

Low-Speed Electric Vehicles is take the battery as the driving force, it is use electric motors and motor controllers instead of internal combustion engines for propulsion. Low-Speed Electric Vehicles includes Permanent magnet type Brushless DC motor Vehicles and Permanent magnet type Brush DC motor Vehicles on the base of classification, which represent 66% and 28% of global Low-Speed Electric Vehicles market. 

Private Vehicles, Municipal or Public Vehicles are the main application of Low-Speed Electric Vehicles product and Asia Pacific is the largest Low-Speed Electric Vehicles market on production and consumption.

Global Low-Speed Electric Vehicles market is projected to reach $ 132.5 Billion by 2021, with a GAGR of 14% from 2017, and Asia will have a big dynamic momentum on the market growth. The major players in the global Low-Speed Electric Vehicles market are Yadea, Xinri, Byvin, Kandi, YOGOMO, Lichi, GM, Polaris, Club Car, Smart, FIAT, Buddy Electric etc.

Read Full Report: http://www.gosreports.com/global-low-speed-electric-vehicles-market-research-report-2017/

Joanna | Executive – International Business and partner Relations
E-mail: info@gosreports.com | Tel: 510-400-8520
Web: www.gosreports.com
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