Electric Three-Wheeler Market: To Witness Comprehensive Growth By 2019 - 2027
Electric Three-Wheeler Market : Introduction Electric three-wheeler, also referred to as e-rickshaw, is an electrically powered three-wheeler used to carry both passengers and utility. It is considered as a common form of urban and sub-urban transport. Electric three-wheeler comprises an electric motor that is powered by a rechargeable battery. Moreover, latest electric three-wheeler vehicles contain plug-in charging options, while earlier, the battery of the three-wheel was charged after removing it from the vehicle. Global Electric Three-Wheeler Market – Competitive Landscape In 2018 MOVE Summit, Bajaj Auto Limited introduced its new electric auto rickshaw for the market in India. The company’s new electric three-wheeler is likely to be a part of the soon to be launched ‘Urbanite’ sub-brand from Bajaj Auto Limited. It is expected to handle the brand’s electric vehicles in the market in India. In terms of terms of features, the new three-wheeler is projected to contain powerful ...