Global Micro EVs Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2020-2026

A micro electric vehicle (EV) is a four-wheeled electric powered micro vehicle with an attainable speed of more than 20 miles per hour but not more than 25 miles per hour (in China, not more than 70 kilometers per hour) on a paved surface, and it usually has a gross vehicle weight rating (GVWR) of less than 3,000 pounds.

Neighborhood electric vehicles (NEVs), golf carts and utility terrain vehicles all fall into this category.
Global Sales of Micro EVs surged in the past two years with the good sales of scooters in China market. Global Micro EVs are expected to sell 2.51 million units in 2025 and more than 80% will appear in China market, which exhibits a promising trend of the industry. For the products types, lithium ion batteries based Micro EVs are more favored in USA, Europe and Japan, while lead-acid batteries based products take a large market share in China.

Market Analysis and Insights: Global Micro EVs Market
In 2019, the global Micro EVs market size was US$ 6651.5 million and it is expected to reach US$ 11100 million by the end of 2026, with a CAGR of 7.5% during 2021-2026.
Global Micro EVs Scope and Market Size
Micro EVs market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Micro EVs market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.

Segment by Type, the Micro EVs market is segmented into
Lead-acid Battery EVs
Lithium-ion Battery EVs

Segment by Application, the Micro EVs market is segmented into
Personal Use
Commercial Use (Sightseeing, Golf etc.)
Public Utilities

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape

and Micro EVs Market Share Analysis
Micro EVs market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Micro EVs product introduction, recent developments, Micro EVs sales by region, type, application and by sales channel.

The major companies include:
Yogomo
Shifeng
Textron
Dojo
Byvin
Polaris
Lichi
Baoya
Tangjun
Yamaha
Fulu
Xinyuzhou
GreenWheel EV
Incalu
Kandi
Renault
APACHE
Garia
Zheren
Ingersoll Rand
CitEcar Electric Vehicles
Eagle
Taiqi