- Report
- November 2024
- 80 Pages
Global
From €3500EUR$4,294USD£3,136GBP
Light Electric Vehicles (LEVs) are a type of electric and hybrid vehicle that are typically smaller and lighter than traditional cars. LEVs are powered by an electric motor and a battery, and are designed for short-distance travel. They are often used for commuting, running errands, and leisure activities. LEVs are typically more affordable than traditional cars, and are often exempt from registration and licensing requirements. They are also more environmentally friendly than traditional cars, as they produce no emissions.
LEVs are becoming increasingly popular due to their convenience and affordability. They are also becoming more widely available, with many cities and countries introducing incentives and regulations to encourage their use.
Some companies in the LEV market include Segway, Ather Energy, Gogoro, and Unu Motors. Show Less Read more