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The Micro Electric Vehicle (MEV) market is a subset of the larger Electric and Hybrid Vehicle (EHV) market. MEVs are typically smaller than traditional EHVs, and are designed for short-distance travel. They are often used for commuting, running errands, and leisure activities. MEVs are typically powered by a battery, and may also include a solar panel for additional power. They are often equipped with features such as regenerative braking, which helps to extend the range of the vehicle. MEVs are typically more affordable than traditional EHVs, making them attractive to those who are looking for a cost-effective way to reduce their carbon footprint.
Some companies in the MEV market include Segway, Unu, and Gogoro. Show Less Read more