A low-speed electric vehicle is an advanced version of four-wheel vehicles with maximum speed of 25 mph (40 km/h), and a minimum capable speed (typically 20 mph (32 km/h)), which allows them to travel on public roads not accessible to all golf carts or neighborhood electric vehicles (NEVs).
Rise in oil prices, increase in air pollution in developed regions, and surge in pressure from government entities on the gasoline-powered vehicles to minimize their emissions drive the low-speed electric vehicles market. In addition, introduction of stringent emission control regulations from the road authorities further fuels the market growth. However, lack of government regulations on the manufacturing of these vehicles and increase in number of low-quality offerings of low-speed vehicles restricts the growth. Irrespective of the challenges, attractive incentives are being provided by the government, presenting a major opportunity for the electric vehicles market.
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The global Electric Low Speed Vehicles (LSV) market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Electric Low Speed Vehicles (LSV) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Electric Low Speed Vehicles (LSV) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
Key companies profiled in Electric Low Speed Vehicles (LSV) Market report are Yamaha Motors, Hdk Electric Vehicles, Textron, Speedway Electric, Polaris Industries, Citecar Electric Vehicles, Suzhou Eagle Electric Vehicle Manufacturing, Moto Electric Vehicles and more in term of company basic information, Product Introduction, Application, Specification, Production, Revenue, Price and Gross Margin (2014-2019), etc.
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Table of Content
1 Electric Low Speed Vehicles (LSV) Market Overview
2 Global Electric Low Speed Vehicles (LSV) Market Competition by Manufacturers
3 Global Electric Low Speed Vehicles (LSV) Production Market Share by Regions
4 Global Electric Low Speed Vehicles (LSV) Consumption by Regions
5 Global Electric Low Speed Vehicles (LSV) Production, Revenue, Price Trend by Type
6 Global Electric Low Speed Vehicles (LSV) Market Analysis by Applications
7 Company Profiles and Key Figures in Electric Low Speed Vehicles (LSV) Business
8 Electric Low Speed Vehicles (LSV) Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Global Electric Low Speed Vehicles (LSV) Market Forecast
12 Research Findings and Conclusion
13 Methodology and Data Source