Electric 3 Wheeler Market worth $3.85 billion by 2032
The electric 3 wheeler market is projected to grow from USD 2.68 billion in 2025 to USD 3.85 billion by 2032, registering a CAGR of 5.3%.
The electric 3 wheeler market is accelerating rapidly because operators are chasing dramatically lower operating costs per kilometer. In India, commercial 3-wheelers running on electricity now cost around INR 1.28 per kilometer, versus about INR 3.21 per kilometer...