Global Light Electric Vehicle research

Light Electric Vehicle Comprehensive Study by Type (Battery Electric Vehicle, Plug-in Electric Vehicle, Hybrid Electric Vehicle), Vehicle (Passenger Vehicle, Commercial Vehicle) Players and Region - Global Market Outlook to 2030

Light Electric Vehicle Market by XX Submarkets | Forecast Years 2024-2030 | CAGR: 6.6%  

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  • Summary
  • Market Segments
  • Table of Content
  • List of Table & Figures
  • Players Profiled
Market Snapshot:
Light electric vehicles (LEVs) are another technology that is silently thriving and expanding around us without receiving the attention it deserves, but which has the ability to change the planet by providing emission-free solutions for the world's growing megacities. Increased urbanisation, traffic congestion, poor air quality, and a lack of mobility options need the development of inexpensive and environmentally friendly transportation options. Greater power efficiency, smaller size, lighter weight, and lower cost solutions are all possible because to the innovative technologies and materials used in today's LEVs.

Highlights from Light Electric Vehicle Market Study
AttributesDetails
Study Period2018-2030
Base Year2023
UnitValue (USD Million)
CAGR6.6%


The key Vendors profiled in the report are Tesla (United States), Rivian (United States), Lucid Motors (United States), NIO (China), XPeng (China), Li Auto (China), Fisker (United States), Nikola (United States), Proterra (United Kingdom) and Arrival (United States). Additionally, other players that are part of this comprehensive study are XL Fleet (United States).

Geographic Breakdown and Segment Analysis
The Global Light Electric Vehicle market presents a comprehensive analysis of the Light Electric Vehicle market by product type (Battery Electric Vehicle, Plug-in Electric Vehicle and Hybrid Electric Vehicle), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Light Electric Vehicle industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest. For instance, while the holds majority of market share of the Light Electric Vehicle market

Analyst at AMA have segmented the market study of Global Light Electric Vehicle market by Type, Application and Region.

Influencing Trend:
High Adoption of Light Electric Vehicles

Market Growth Drivers:
Low Purchase and Running Cost and Simpler Configuration for Easy Handling and Maintenance

Challenges:
Growing Demand for Plug and play system-level Solutions and Time-to-market pressure, in Particular in Emerging Markets

Restraints:
Longer Recharge Time and Short Driving Range and Speed

Opportunities:
Home Charging Stations and Solar Electric Vehicle Charging

Market Developments Activities:
In December 2023, Stellantis and Ample have signed a binding agreement to establish a partnership in electric vehicle (EV) battery charging technology capable of delivering a fully charged electric vehicle battery in less than five minutes. The two partners have agreed to work toward integrating Ample’s Modular Battery Swapping solution in Stellantis electric vehicles. Battery swapping technology allows an EV customer who stops at a battery swapping station to have its depleted EV battery swapped out for a fully charged battery in a matter of minutes.
In February 2024, EKA Mobility, a prominent player in the electric mobility sector with equity partners Mitsui Co., Ltd. (Japan) and VDL Groep (Netherlands), unveiled its highly anticipated 1.5-tonne electric Light Commercial Vehicles (LCVs) at the prestigious Bharat Mobility Global Expo. This launch marks a significant milestone in the company’s mission to transform the commercial vehicle landscape with sustainable transportation solutions.



The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.

Key Target Audience
Manufacturers of Light Electric Vehicle, Distributors and Suppliers of Light Electric Vehicle, Venture Capitalists and Private Equity Firms, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others

Report Objectives / Segmentation Covered

By Type
  • Battery Electric Vehicle
  • Plug-in Electric Vehicle
  • Hybrid Electric Vehicle
By Vehicle
  • Passenger Vehicle
  • Commercial Vehicle

By Regions
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Netherlands
    • Rest of Europe
  • MEA
    • Middle East
    • Africa
  • North America
    • United States
    • Canada
    • Mexico
  • 1. Market Overview
    • 1.1. Introduction
    • 1.2. Scope/Objective of the Study
      • 1.2.1. Research Objective
  • 2. Executive Summary
    • 2.1. Introduction
  • 3. Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Low Purchase and Running Cost
      • 3.2.2. Simpler Configuration for Easy Handling and Maintenance
    • 3.3. Market Challenges
      • 3.3.1. Growing Demand for Plug and play system-level Solutions
      • 3.3.2. Time-to-market pressure, in Particular in Emerging Markets
    • 3.4. Market Trends
      • 3.4.1. High Adoption of Light Electric Vehicles
  • 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  • 5. Global Light Electric Vehicle, by Type, Vehicle and Region (value, volume and price ) (2018-2023)
    • 5.1. Introduction
    • 5.2. Global Light Electric Vehicle (Value)
      • 5.2.1. Global Light Electric Vehicle by: Type (Value)
        • 5.2.1.1. Battery Electric Vehicle
        • 5.2.1.2. Plug-in Electric Vehicle
        • 5.2.1.3. Hybrid Electric Vehicle
      • 5.2.2. Global Light Electric Vehicle by: Vehicle (Value)
        • 5.2.2.1. Passenger Vehicle
        • 5.2.2.2. Commercial Vehicle
      • 5.2.3. Global Light Electric Vehicle Region
        • 5.2.3.1. South America
          • 5.2.3.1.1. Brazil
          • 5.2.3.1.2. Argentina
          • 5.2.3.1.3. Rest of South America
        • 5.2.3.2. Asia Pacific
          • 5.2.3.2.1. China
          • 5.2.3.2.2. Japan
          • 5.2.3.2.3. India
          • 5.2.3.2.4. South Korea
          • 5.2.3.2.5. Taiwan
          • 5.2.3.2.6. Australia
          • 5.2.3.2.7. Rest of Asia-Pacific
        • 5.2.3.3. Europe
          • 5.2.3.3.1. Germany
          • 5.2.3.3.2. France
          • 5.2.3.3.3. Italy
          • 5.2.3.3.4. United Kingdom
          • 5.2.3.3.5. Netherlands
          • 5.2.3.3.6. Rest of Europe
        • 5.2.3.4. MEA
          • 5.2.3.4.1. Middle East
          • 5.2.3.4.2. Africa
        • 5.2.3.5. North America
          • 5.2.3.5.1. United States
          • 5.2.3.5.2. Canada
          • 5.2.3.5.3. Mexico
    • 5.3. Global Light Electric Vehicle (Volume)
      • 5.3.1. Global Light Electric Vehicle by: Type (Volume)
        • 5.3.1.1. Battery Electric Vehicle
        • 5.3.1.2. Plug-in Electric Vehicle
        • 5.3.1.3. Hybrid Electric Vehicle
      • 5.3.2. Global Light Electric Vehicle by: Vehicle (Volume)
        • 5.3.2.1. Passenger Vehicle
        • 5.3.2.2. Commercial Vehicle
      • 5.3.3. Global Light Electric Vehicle Region
        • 5.3.3.1. South America
          • 5.3.3.1.1. Brazil
          • 5.3.3.1.2. Argentina
          • 5.3.3.1.3. Rest of South America
        • 5.3.3.2. Asia Pacific
          • 5.3.3.2.1. China
          • 5.3.3.2.2. Japan
          • 5.3.3.2.3. India
          • 5.3.3.2.4. South Korea
          • 5.3.3.2.5. Taiwan
          • 5.3.3.2.6. Australia
          • 5.3.3.2.7. Rest of Asia-Pacific
        • 5.3.3.3. Europe
          • 5.3.3.3.1. Germany
          • 5.3.3.3.2. France
          • 5.3.3.3.3. Italy
          • 5.3.3.3.4. United Kingdom
          • 5.3.3.3.5. Netherlands
          • 5.3.3.3.6. Rest of Europe
        • 5.3.3.4. MEA
          • 5.3.3.4.1. Middle East
          • 5.3.3.4.2. Africa
        • 5.3.3.5. North America
          • 5.3.3.5.1. United States
          • 5.3.3.5.2. Canada
          • 5.3.3.5.3. Mexico
    • 5.4. Global Light Electric Vehicle (Price)
      • 5.4.1. Global Light Electric Vehicle by: Type (Price)
  • 6. Light Electric Vehicle: Manufacturers/Players Analysis
    • 6.1. Competitive Landscape
      • 6.1.1. Market Share Analysis
        • 6.1.1.1. Top 3
        • 6.1.1.2. Top 5
    • 6.2. Peer Group Analysis (2023)
    • 6.3. BCG Matrix
    • 6.4. Company Profile
      • 6.4.1. Tesla (United States)
        • 6.4.1.1. Business Overview
        • 6.4.1.2. Products/Services Offerings
        • 6.4.1.3. Financial Analysis
        • 6.4.1.4. SWOT Analysis
      • 6.4.2. Rivian (United States)
        • 6.4.2.1. Business Overview
        • 6.4.2.2. Products/Services Offerings
        • 6.4.2.3. Financial Analysis
        • 6.4.2.4. SWOT Analysis
      • 6.4.3. Lucid Motors (United States)
        • 6.4.3.1. Business Overview
        • 6.4.3.2. Products/Services Offerings
        • 6.4.3.3. Financial Analysis
        • 6.4.3.4. SWOT Analysis
      • 6.4.4. NIO (China)
        • 6.4.4.1. Business Overview
        • 6.4.4.2. Products/Services Offerings
        • 6.4.4.3. Financial Analysis
        • 6.4.4.4. SWOT Analysis
      • 6.4.5. XPeng (China)
        • 6.4.5.1. Business Overview
        • 6.4.5.2. Products/Services Offerings
        • 6.4.5.3. Financial Analysis
        • 6.4.5.4. SWOT Analysis
      • 6.4.6. Li Auto (China)
        • 6.4.6.1. Business Overview
        • 6.4.6.2. Products/Services Offerings
        • 6.4.6.3. Financial Analysis
        • 6.4.6.4. SWOT Analysis
      • 6.4.7. Fisker (United States)
        • 6.4.7.1. Business Overview
        • 6.4.7.2. Products/Services Offerings
        • 6.4.7.3. Financial Analysis
        • 6.4.7.4. SWOT Analysis
      • 6.4.8. Nikola (United States)
        • 6.4.8.1. Business Overview
        • 6.4.8.2. Products/Services Offerings
        • 6.4.8.3. Financial Analysis
        • 6.4.8.4. SWOT Analysis
      • 6.4.9. Proterra (United Kingdom)
        • 6.4.9.1. Business Overview
        • 6.4.9.2. Products/Services Offerings
        • 6.4.9.3. Financial Analysis
        • 6.4.9.4. SWOT Analysis
      • 6.4.10. Arrival (United States)
        • 6.4.10.1. Business Overview
        • 6.4.10.2. Products/Services Offerings
        • 6.4.10.3. Financial Analysis
        • 6.4.10.4. SWOT Analysis
  • 7. Global Light Electric Vehicle Sale, by Type, Vehicle and Region (value, volume and price ) (2025-2030)
    • 7.1. Introduction
    • 7.2. Global Light Electric Vehicle (Value)
      • 7.2.1. Global Light Electric Vehicle by: Type (Value)
        • 7.2.1.1. Battery Electric Vehicle
        • 7.2.1.2. Plug-in Electric Vehicle
        • 7.2.1.3. Hybrid Electric Vehicle
      • 7.2.2. Global Light Electric Vehicle by: Vehicle (Value)
        • 7.2.2.1. Passenger Vehicle
        • 7.2.2.2. Commercial Vehicle
      • 7.2.3. Global Light Electric Vehicle Region
        • 7.2.3.1. South America
          • 7.2.3.1.1. Brazil
          • 7.2.3.1.2. Argentina
          • 7.2.3.1.3. Rest of South America
        • 7.2.3.2. Asia Pacific
          • 7.2.3.2.1. China
          • 7.2.3.2.2. Japan
          • 7.2.3.2.3. India
          • 7.2.3.2.4. South Korea
          • 7.2.3.2.5. Taiwan
          • 7.2.3.2.6. Australia
          • 7.2.3.2.7. Rest of Asia-Pacific
        • 7.2.3.3. Europe
          • 7.2.3.3.1. Germany
          • 7.2.3.3.2. France
          • 7.2.3.3.3. Italy
          • 7.2.3.3.4. United Kingdom
          • 7.2.3.3.5. Netherlands
          • 7.2.3.3.6. Rest of Europe
        • 7.2.3.4. MEA
          • 7.2.3.4.1. Middle East
          • 7.2.3.4.2. Africa
        • 7.2.3.5. North America
          • 7.2.3.5.1. United States
          • 7.2.3.5.2. Canada
          • 7.2.3.5.3. Mexico
    • 7.3. Global Light Electric Vehicle (Volume)
      • 7.3.1. Global Light Electric Vehicle by: Type (Volume)
        • 7.3.1.1. Battery Electric Vehicle
        • 7.3.1.2. Plug-in Electric Vehicle
        • 7.3.1.3. Hybrid Electric Vehicle
      • 7.3.2. Global Light Electric Vehicle by: Vehicle (Volume)
        • 7.3.2.1. Passenger Vehicle
        • 7.3.2.2. Commercial Vehicle
      • 7.3.3. Global Light Electric Vehicle Region
        • 7.3.3.1. South America
          • 7.3.3.1.1. Brazil
          • 7.3.3.1.2. Argentina
          • 7.3.3.1.3. Rest of South America
        • 7.3.3.2. Asia Pacific
          • 7.3.3.2.1. China
          • 7.3.3.2.2. Japan
          • 7.3.3.2.3. India
          • 7.3.3.2.4. South Korea
          • 7.3.3.2.5. Taiwan
          • 7.3.3.2.6. Australia
          • 7.3.3.2.7. Rest of Asia-Pacific
        • 7.3.3.3. Europe
          • 7.3.3.3.1. Germany
          • 7.3.3.3.2. France
          • 7.3.3.3.3. Italy
          • 7.3.3.3.4. United Kingdom
          • 7.3.3.3.5. Netherlands
          • 7.3.3.3.6. Rest of Europe
        • 7.3.3.4. MEA
          • 7.3.3.4.1. Middle East
          • 7.3.3.4.2. Africa
        • 7.3.3.5. North America
          • 7.3.3.5.1. United States
          • 7.3.3.5.2. Canada
          • 7.3.3.5.3. Mexico
    • 7.4. Global Light Electric Vehicle (Price)
      • 7.4.1. Global Light Electric Vehicle by: Type (Price)
  • 8. Appendix
    • 8.1. Acronyms
  • 9. Methodology and Data Source
    • 9.1. Methodology/Research Approach
      • 9.1.1. Research Programs/Design
      • 9.1.2. Market Size Estimation
      • 9.1.3. Market Breakdown and Data Triangulation
    • 9.2. Data Source
      • 9.2.1. Secondary Sources
      • 9.2.2. Primary Sources
    • 9.3. Disclaimer
List of Tables
  • Table 1. Light Electric Vehicle: by Type(USD Million)
  • Table 2. Light Electric Vehicle Battery Electric Vehicle , by Region USD Million (2018-2023)
  • Table 3. Light Electric Vehicle Plug-in Electric Vehicle , by Region USD Million (2018-2023)
  • Table 4. Light Electric Vehicle Hybrid Electric Vehicle , by Region USD Million (2018-2023)
  • Table 5. Light Electric Vehicle: by Vehicle(USD Million)
  • Table 6. Light Electric Vehicle Passenger Vehicle , by Region USD Million (2018-2023)
  • Table 7. Light Electric Vehicle Commercial Vehicle , by Region USD Million (2018-2023)
  • Table 8. South America Light Electric Vehicle, by Country USD Million (2018-2023)
  • Table 9. South America Light Electric Vehicle, by Type USD Million (2018-2023)
  • Table 10. South America Light Electric Vehicle, by Vehicle USD Million (2018-2023)
  • Table 11. Brazil Light Electric Vehicle, by Type USD Million (2018-2023)
  • Table 12. Brazil Light Electric Vehicle, by Vehicle USD Million (2018-2023)
  • Table 13. Argentina Light Electric Vehicle, by Type USD Million (2018-2023)
  • Table 14. Argentina Light Electric Vehicle, by Vehicle USD Million (2018-2023)
  • Table 15. Rest of South America Light Electric Vehicle, by Type USD Million (2018-2023)
  • Table 16. Rest of South America Light Electric Vehicle, by Vehicle USD Million (2018-2023)
  • Table 17. Asia Pacific Light Electric Vehicle, by Country USD Million (2018-2023)
  • Table 18. Asia Pacific Light Electric Vehicle, by Type USD Million (2018-2023)
  • Table 19. Asia Pacific Light Electric Vehicle, by Vehicle USD Million (2018-2023)
  • Table 20. China Light Electric Vehicle, by Type USD Million (2018-2023)
  • Table 21. China Light Electric Vehicle, by Vehicle USD Million (2018-2023)
  • Table 22. Japan Light Electric Vehicle, by Type USD Million (2018-2023)
  • Table 23. Japan Light Electric Vehicle, by Vehicle USD Million (2018-2023)
  • Table 24. India Light Electric Vehicle, by Type USD Million (2018-2023)
  • Table 25. India Light Electric Vehicle, by Vehicle USD Million (2018-2023)
  • Table 26. South Korea Light Electric Vehicle, by Type USD Million (2018-2023)
  • Table 27. South Korea Light Electric Vehicle, by Vehicle USD Million (2018-2023)
  • Table 28. Taiwan Light Electric Vehicle, by Type USD Million (2018-2023)
  • Table 29. Taiwan Light Electric Vehicle, by Vehicle USD Million (2018-2023)
  • Table 30. Australia Light Electric Vehicle, by Type USD Million (2018-2023)
  • Table 31. Australia Light Electric Vehicle, by Vehicle USD Million (2018-2023)
  • Table 32. Rest of Asia-Pacific Light Electric Vehicle, by Type USD Million (2018-2023)
  • Table 33. Rest of Asia-Pacific Light Electric Vehicle, by Vehicle USD Million (2018-2023)
  • Table 34. Europe Light Electric Vehicle, by Country USD Million (2018-2023)
  • Table 35. Europe Light Electric Vehicle, by Type USD Million (2018-2023)
  • Table 36. Europe Light Electric Vehicle, by Vehicle USD Million (2018-2023)
  • Table 37. Germany Light Electric Vehicle, by Type USD Million (2018-2023)
  • Table 38. Germany Light Electric Vehicle, by Vehicle USD Million (2018-2023)
  • Table 39. France Light Electric Vehicle, by Type USD Million (2018-2023)
  • Table 40. France Light Electric Vehicle, by Vehicle USD Million (2018-2023)
  • Table 41. Italy Light Electric Vehicle, by Type USD Million (2018-2023)
  • Table 42. Italy Light Electric Vehicle, by Vehicle USD Million (2018-2023)
  • Table 43. United Kingdom Light Electric Vehicle, by Type USD Million (2018-2023)
  • Table 44. United Kingdom Light Electric Vehicle, by Vehicle USD Million (2018-2023)
  • Table 45. Netherlands Light Electric Vehicle, by Type USD Million (2018-2023)
  • Table 46. Netherlands Light Electric Vehicle, by Vehicle USD Million (2018-2023)
  • Table 47. Rest of Europe Light Electric Vehicle, by Type USD Million (2018-2023)
  • Table 48. Rest of Europe Light Electric Vehicle, by Vehicle USD Million (2018-2023)
  • Table 49. MEA Light Electric Vehicle, by Country USD Million (2018-2023)
  • Table 50. MEA Light Electric Vehicle, by Type USD Million (2018-2023)
  • Table 51. MEA Light Electric Vehicle, by Vehicle USD Million (2018-2023)
  • Table 52. Middle East Light Electric Vehicle, by Type USD Million (2018-2023)
  • Table 53. Middle East Light Electric Vehicle, by Vehicle USD Million (2018-2023)
  • Table 54. Africa Light Electric Vehicle, by Type USD Million (2018-2023)
  • Table 55. Africa Light Electric Vehicle, by Vehicle USD Million (2018-2023)
  • Table 56. North America Light Electric Vehicle, by Country USD Million (2018-2023)
  • Table 57. North America Light Electric Vehicle, by Type USD Million (2018-2023)
  • Table 58. North America Light Electric Vehicle, by Vehicle USD Million (2018-2023)
  • Table 59. United States Light Electric Vehicle, by Type USD Million (2018-2023)
  • Table 60. United States Light Electric Vehicle, by Vehicle USD Million (2018-2023)
  • Table 61. Canada Light Electric Vehicle, by Type USD Million (2018-2023)
  • Table 62. Canada Light Electric Vehicle, by Vehicle USD Million (2018-2023)
  • Table 63. Mexico Light Electric Vehicle, by Type USD Million (2018-2023)
  • Table 64. Mexico Light Electric Vehicle, by Vehicle USD Million (2018-2023)
  • Table 65. Light Electric Vehicle Sales: by Type(K Units)
  • Table 66. Light Electric Vehicle Sales Battery Electric Vehicle , by Region K Units (2018-2023)
  • Table 67. Light Electric Vehicle Sales Plug-in Electric Vehicle , by Region K Units (2018-2023)
  • Table 68. Light Electric Vehicle Sales Hybrid Electric Vehicle , by Region K Units (2018-2023)
  • Table 69. Light Electric Vehicle Sales: by Vehicle(K Units)
  • Table 70. Light Electric Vehicle Sales Passenger Vehicle , by Region K Units (2018-2023)
  • Table 71. Light Electric Vehicle Sales Commercial Vehicle , by Region K Units (2018-2023)
  • Table 72. South America Light Electric Vehicle Sales, by Country K Units (2018-2023)
  • Table 73. South America Light Electric Vehicle Sales, by Type K Units (2018-2023)
  • Table 74. South America Light Electric Vehicle Sales, by Vehicle K Units (2018-2023)
  • Table 75. Brazil Light Electric Vehicle Sales, by Type K Units (2018-2023)
  • Table 76. Brazil Light Electric Vehicle Sales, by Vehicle K Units (2018-2023)
  • Table 77. Argentina Light Electric Vehicle Sales, by Type K Units (2018-2023)
  • Table 78. Argentina Light Electric Vehicle Sales, by Vehicle K Units (2018-2023)
  • Table 79. Rest of South America Light Electric Vehicle Sales, by Type K Units (2018-2023)
  • Table 80. Rest of South America Light Electric Vehicle Sales, by Vehicle K Units (2018-2023)
  • Table 81. Asia Pacific Light Electric Vehicle Sales, by Country K Units (2018-2023)
  • Table 82. Asia Pacific Light Electric Vehicle Sales, by Type K Units (2018-2023)
  • Table 83. Asia Pacific Light Electric Vehicle Sales, by Vehicle K Units (2018-2023)
  • Table 84. China Light Electric Vehicle Sales, by Type K Units (2018-2023)
  • Table 85. China Light Electric Vehicle Sales, by Vehicle K Units (2018-2023)
  • Table 86. Japan Light Electric Vehicle Sales, by Type K Units (2018-2023)
  • Table 87. Japan Light Electric Vehicle Sales, by Vehicle K Units (2018-2023)
  • Table 88. India Light Electric Vehicle Sales, by Type K Units (2018-2023)
  • Table 89. India Light Electric Vehicle Sales, by Vehicle K Units (2018-2023)
  • Table 90. South Korea Light Electric Vehicle Sales, by Type K Units (2018-2023)
  • Table 91. South Korea Light Electric Vehicle Sales, by Vehicle K Units (2018-2023)
  • Table 92. Taiwan Light Electric Vehicle Sales, by Type K Units (2018-2023)
  • Table 93. Taiwan Light Electric Vehicle Sales, by Vehicle K Units (2018-2023)
  • Table 94. Australia Light Electric Vehicle Sales, by Type K Units (2018-2023)
  • Table 95. Australia Light Electric Vehicle Sales, by Vehicle K Units (2018-2023)
  • Table 96. Rest of Asia-Pacific Light Electric Vehicle Sales, by Type K Units (2018-2023)
  • Table 97. Rest of Asia-Pacific Light Electric Vehicle Sales, by Vehicle K Units (2018-2023)
  • Table 98. Europe Light Electric Vehicle Sales, by Country K Units (2018-2023)
  • Table 99. Europe Light Electric Vehicle Sales, by Type K Units (2018-2023)
  • Table 100. Europe Light Electric Vehicle Sales, by Vehicle K Units (2018-2023)
  • Table 101. Germany Light Electric Vehicle Sales, by Type K Units (2018-2023)
  • Table 102. Germany Light Electric Vehicle Sales, by Vehicle K Units (2018-2023)
  • Table 103. France Light Electric Vehicle Sales, by Type K Units (2018-2023)
  • Table 104. France Light Electric Vehicle Sales, by Vehicle K Units (2018-2023)
  • Table 105. Italy Light Electric Vehicle Sales, by Type K Units (2018-2023)
  • Table 106. Italy Light Electric Vehicle Sales, by Vehicle K Units (2018-2023)
  • Table 107. United Kingdom Light Electric Vehicle Sales, by Type K Units (2018-2023)
  • Table 108. United Kingdom Light Electric Vehicle Sales, by Vehicle K Units (2018-2023)
  • Table 109. Netherlands Light Electric Vehicle Sales, by Type K Units (2018-2023)
  • Table 110. Netherlands Light Electric Vehicle Sales, by Vehicle K Units (2018-2023)
  • Table 111. Rest of Europe Light Electric Vehicle Sales, by Type K Units (2018-2023)
  • Table 112. Rest of Europe Light Electric Vehicle Sales, by Vehicle K Units (2018-2023)
  • Table 113. MEA Light Electric Vehicle Sales, by Country K Units (2018-2023)
  • Table 114. MEA Light Electric Vehicle Sales, by Type K Units (2018-2023)
  • Table 115. MEA Light Electric Vehicle Sales, by Vehicle K Units (2018-2023)
  • Table 116. Middle East Light Electric Vehicle Sales, by Type K Units (2018-2023)
  • Table 117. Middle East Light Electric Vehicle Sales, by Vehicle K Units (2018-2023)
  • Table 118. Africa Light Electric Vehicle Sales, by Type K Units (2018-2023)
  • Table 119. Africa Light Electric Vehicle Sales, by Vehicle K Units (2018-2023)
  • Table 120. North America Light Electric Vehicle Sales, by Country K Units (2018-2023)
  • Table 121. North America Light Electric Vehicle Sales, by Type K Units (2018-2023)
  • Table 122. North America Light Electric Vehicle Sales, by Vehicle K Units (2018-2023)
  • Table 123. United States Light Electric Vehicle Sales, by Type K Units (2018-2023)
  • Table 124. United States Light Electric Vehicle Sales, by Vehicle K Units (2018-2023)
  • Table 125. Canada Light Electric Vehicle Sales, by Type K Units (2018-2023)
  • Table 126. Canada Light Electric Vehicle Sales, by Vehicle K Units (2018-2023)
  • Table 127. Mexico Light Electric Vehicle Sales, by Type K Units (2018-2023)
  • Table 128. Mexico Light Electric Vehicle Sales, by Vehicle K Units (2018-2023)
  • Table 129. Light Electric Vehicle: by Type(USD/Units)
  • Table 130. Company Basic Information, Sales Area and Its Competitors
  • Table 131. Company Basic Information, Sales Area and Its Competitors
  • Table 132. Company Basic Information, Sales Area and Its Competitors
  • Table 133. Company Basic Information, Sales Area and Its Competitors
  • Table 134. Company Basic Information, Sales Area and Its Competitors
  • Table 135. Company Basic Information, Sales Area and Its Competitors
  • Table 136. Company Basic Information, Sales Area and Its Competitors
  • Table 137. Company Basic Information, Sales Area and Its Competitors
  • Table 138. Company Basic Information, Sales Area and Its Competitors
  • Table 139. Company Basic Information, Sales Area and Its Competitors
  • Table 140. Light Electric Vehicle: by Type(USD Million)
  • Table 141. Light Electric Vehicle Battery Electric Vehicle , by Region USD Million (2025-2030)
  • Table 142. Light Electric Vehicle Plug-in Electric Vehicle , by Region USD Million (2025-2030)
  • Table 143. Light Electric Vehicle Hybrid Electric Vehicle , by Region USD Million (2025-2030)
  • Table 144. Light Electric Vehicle: by Vehicle(USD Million)
  • Table 145. Light Electric Vehicle Passenger Vehicle , by Region USD Million (2025-2030)
  • Table 146. Light Electric Vehicle Commercial Vehicle , by Region USD Million (2025-2030)
  • Table 147. South America Light Electric Vehicle, by Country USD Million (2025-2030)
  • Table 148. South America Light Electric Vehicle, by Type USD Million (2025-2030)
  • Table 149. South America Light Electric Vehicle, by Vehicle USD Million (2025-2030)
  • Table 150. Brazil Light Electric Vehicle, by Type USD Million (2025-2030)
  • Table 151. Brazil Light Electric Vehicle, by Vehicle USD Million (2025-2030)
  • Table 152. Argentina Light Electric Vehicle, by Type USD Million (2025-2030)
  • Table 153. Argentina Light Electric Vehicle, by Vehicle USD Million (2025-2030)
  • Table 154. Rest of South America Light Electric Vehicle, by Type USD Million (2025-2030)
  • Table 155. Rest of South America Light Electric Vehicle, by Vehicle USD Million (2025-2030)
  • Table 156. Asia Pacific Light Electric Vehicle, by Country USD Million (2025-2030)
  • Table 157. Asia Pacific Light Electric Vehicle, by Type USD Million (2025-2030)
  • Table 158. Asia Pacific Light Electric Vehicle, by Vehicle USD Million (2025-2030)
  • Table 159. China Light Electric Vehicle, by Type USD Million (2025-2030)
  • Table 160. China Light Electric Vehicle, by Vehicle USD Million (2025-2030)
  • Table 161. Japan Light Electric Vehicle, by Type USD Million (2025-2030)
  • Table 162. Japan Light Electric Vehicle, by Vehicle USD Million (2025-2030)
  • Table 163. India Light Electric Vehicle, by Type USD Million (2025-2030)
  • Table 164. India Light Electric Vehicle, by Vehicle USD Million (2025-2030)
  • Table 165. South Korea Light Electric Vehicle, by Type USD Million (2025-2030)
  • Table 166. South Korea Light Electric Vehicle, by Vehicle USD Million (2025-2030)
  • Table 167. Taiwan Light Electric Vehicle, by Type USD Million (2025-2030)
  • Table 168. Taiwan Light Electric Vehicle, by Vehicle USD Million (2025-2030)
  • Table 169. Australia Light Electric Vehicle, by Type USD Million (2025-2030)
  • Table 170. Australia Light Electric Vehicle, by Vehicle USD Million (2025-2030)
  • Table 171. Rest of Asia-Pacific Light Electric Vehicle, by Type USD Million (2025-2030)
  • Table 172. Rest of Asia-Pacific Light Electric Vehicle, by Vehicle USD Million (2025-2030)
  • Table 173. Europe Light Electric Vehicle, by Country USD Million (2025-2030)
  • Table 174. Europe Light Electric Vehicle, by Type USD Million (2025-2030)
  • Table 175. Europe Light Electric Vehicle, by Vehicle USD Million (2025-2030)
  • Table 176. Germany Light Electric Vehicle, by Type USD Million (2025-2030)
  • Table 177. Germany Light Electric Vehicle, by Vehicle USD Million (2025-2030)
  • Table 178. France Light Electric Vehicle, by Type USD Million (2025-2030)
  • Table 179. France Light Electric Vehicle, by Vehicle USD Million (2025-2030)
  • Table 180. Italy Light Electric Vehicle, by Type USD Million (2025-2030)
  • Table 181. Italy Light Electric Vehicle, by Vehicle USD Million (2025-2030)
  • Table 182. United Kingdom Light Electric Vehicle, by Type USD Million (2025-2030)
  • Table 183. United Kingdom Light Electric Vehicle, by Vehicle USD Million (2025-2030)
  • Table 184. Netherlands Light Electric Vehicle, by Type USD Million (2025-2030)
  • Table 185. Netherlands Light Electric Vehicle, by Vehicle USD Million (2025-2030)
  • Table 186. Rest of Europe Light Electric Vehicle, by Type USD Million (2025-2030)
  • Table 187. Rest of Europe Light Electric Vehicle, by Vehicle USD Million (2025-2030)
  • Table 188. MEA Light Electric Vehicle, by Country USD Million (2025-2030)
  • Table 189. MEA Light Electric Vehicle, by Type USD Million (2025-2030)
  • Table 190. MEA Light Electric Vehicle, by Vehicle USD Million (2025-2030)
  • Table 191. Middle East Light Electric Vehicle, by Type USD Million (2025-2030)
  • Table 192. Middle East Light Electric Vehicle, by Vehicle USD Million (2025-2030)
  • Table 193. Africa Light Electric Vehicle, by Type USD Million (2025-2030)
  • Table 194. Africa Light Electric Vehicle, by Vehicle USD Million (2025-2030)
  • Table 195. North America Light Electric Vehicle, by Country USD Million (2025-2030)
  • Table 196. North America Light Electric Vehicle, by Type USD Million (2025-2030)
  • Table 197. North America Light Electric Vehicle, by Vehicle USD Million (2025-2030)
  • Table 198. United States Light Electric Vehicle, by Type USD Million (2025-2030)
  • Table 199. United States Light Electric Vehicle, by Vehicle USD Million (2025-2030)
  • Table 200. Canada Light Electric Vehicle, by Type USD Million (2025-2030)
  • Table 201. Canada Light Electric Vehicle, by Vehicle USD Million (2025-2030)
  • Table 202. Mexico Light Electric Vehicle, by Type USD Million (2025-2030)
  • Table 203. Mexico Light Electric Vehicle, by Vehicle USD Million (2025-2030)
  • Table 204. Light Electric Vehicle Sales: by Type(K Units)
  • Table 205. Light Electric Vehicle Sales Battery Electric Vehicle , by Region K Units (2025-2030)
  • Table 206. Light Electric Vehicle Sales Plug-in Electric Vehicle , by Region K Units (2025-2030)
  • Table 207. Light Electric Vehicle Sales Hybrid Electric Vehicle , by Region K Units (2025-2030)
  • Table 208. Light Electric Vehicle Sales: by Vehicle(K Units)
  • Table 209. Light Electric Vehicle Sales Passenger Vehicle , by Region K Units (2025-2030)
  • Table 210. Light Electric Vehicle Sales Commercial Vehicle , by Region K Units (2025-2030)
  • Table 211. South America Light Electric Vehicle Sales, by Country K Units (2025-2030)
  • Table 212. South America Light Electric Vehicle Sales, by Type K Units (2025-2030)
  • Table 213. South America Light Electric Vehicle Sales, by Vehicle K Units (2025-2030)
  • Table 214. Brazil Light Electric Vehicle Sales, by Type K Units (2025-2030)
  • Table 215. Brazil Light Electric Vehicle Sales, by Vehicle K Units (2025-2030)
  • Table 216. Argentina Light Electric Vehicle Sales, by Type K Units (2025-2030)
  • Table 217. Argentina Light Electric Vehicle Sales, by Vehicle K Units (2025-2030)
  • Table 218. Rest of South America Light Electric Vehicle Sales, by Type K Units (2025-2030)
  • Table 219. Rest of South America Light Electric Vehicle Sales, by Vehicle K Units (2025-2030)
  • Table 220. Asia Pacific Light Electric Vehicle Sales, by Country K Units (2025-2030)
  • Table 221. Asia Pacific Light Electric Vehicle Sales, by Type K Units (2025-2030)
  • Table 222. Asia Pacific Light Electric Vehicle Sales, by Vehicle K Units (2025-2030)
  • Table 223. China Light Electric Vehicle Sales, by Type K Units (2025-2030)
  • Table 224. China Light Electric Vehicle Sales, by Vehicle K Units (2025-2030)
  • Table 225. Japan Light Electric Vehicle Sales, by Type K Units (2025-2030)
  • Table 226. Japan Light Electric Vehicle Sales, by Vehicle K Units (2025-2030)
  • Table 227. India Light Electric Vehicle Sales, by Type K Units (2025-2030)
  • Table 228. India Light Electric Vehicle Sales, by Vehicle K Units (2025-2030)
  • Table 229. South Korea Light Electric Vehicle Sales, by Type K Units (2025-2030)
  • Table 230. South Korea Light Electric Vehicle Sales, by Vehicle K Units (2025-2030)
  • Table 231. Taiwan Light Electric Vehicle Sales, by Type K Units (2025-2030)
  • Table 232. Taiwan Light Electric Vehicle Sales, by Vehicle K Units (2025-2030)
  • Table 233. Australia Light Electric Vehicle Sales, by Type K Units (2025-2030)
  • Table 234. Australia Light Electric Vehicle Sales, by Vehicle K Units (2025-2030)
  • Table 235. Rest of Asia-Pacific Light Electric Vehicle Sales, by Type K Units (2025-2030)
  • Table 236. Rest of Asia-Pacific Light Electric Vehicle Sales, by Vehicle K Units (2025-2030)
  • Table 237. Europe Light Electric Vehicle Sales, by Country K Units (2025-2030)
  • Table 238. Europe Light Electric Vehicle Sales, by Type K Units (2025-2030)
  • Table 239. Europe Light Electric Vehicle Sales, by Vehicle K Units (2025-2030)
  • Table 240. Germany Light Electric Vehicle Sales, by Type K Units (2025-2030)
  • Table 241. Germany Light Electric Vehicle Sales, by Vehicle K Units (2025-2030)
  • Table 242. France Light Electric Vehicle Sales, by Type K Units (2025-2030)
  • Table 243. France Light Electric Vehicle Sales, by Vehicle K Units (2025-2030)
  • Table 244. Italy Light Electric Vehicle Sales, by Type K Units (2025-2030)
  • Table 245. Italy Light Electric Vehicle Sales, by Vehicle K Units (2025-2030)
  • Table 246. United Kingdom Light Electric Vehicle Sales, by Type K Units (2025-2030)
  • Table 247. United Kingdom Light Electric Vehicle Sales, by Vehicle K Units (2025-2030)
  • Table 248. Netherlands Light Electric Vehicle Sales, by Type K Units (2025-2030)
  • Table 249. Netherlands Light Electric Vehicle Sales, by Vehicle K Units (2025-2030)
  • Table 250. Rest of Europe Light Electric Vehicle Sales, by Type K Units (2025-2030)
  • Table 251. Rest of Europe Light Electric Vehicle Sales, by Vehicle K Units (2025-2030)
  • Table 252. MEA Light Electric Vehicle Sales, by Country K Units (2025-2030)
  • Table 253. MEA Light Electric Vehicle Sales, by Type K Units (2025-2030)
  • Table 254. MEA Light Electric Vehicle Sales, by Vehicle K Units (2025-2030)
  • Table 255. Middle East Light Electric Vehicle Sales, by Type K Units (2025-2030)
  • Table 256. Middle East Light Electric Vehicle Sales, by Vehicle K Units (2025-2030)
  • Table 257. Africa Light Electric Vehicle Sales, by Type K Units (2025-2030)
  • Table 258. Africa Light Electric Vehicle Sales, by Vehicle K Units (2025-2030)
  • Table 259. North America Light Electric Vehicle Sales, by Country K Units (2025-2030)
  • Table 260. North America Light Electric Vehicle Sales, by Type K Units (2025-2030)
  • Table 261. North America Light Electric Vehicle Sales, by Vehicle K Units (2025-2030)
  • Table 262. United States Light Electric Vehicle Sales, by Type K Units (2025-2030)
  • Table 263. United States Light Electric Vehicle Sales, by Vehicle K Units (2025-2030)
  • Table 264. Canada Light Electric Vehicle Sales, by Type K Units (2025-2030)
  • Table 265. Canada Light Electric Vehicle Sales, by Vehicle K Units (2025-2030)
  • Table 266. Mexico Light Electric Vehicle Sales, by Type K Units (2025-2030)
  • Table 267. Mexico Light Electric Vehicle Sales, by Vehicle K Units (2025-2030)
  • Table 268. Light Electric Vehicle: by Type(USD/Units)
  • Table 269. Research Programs/Design for This Report
  • Table 270. Key Data Information from Secondary Sources
  • Table 271. Key Data Information from Primary Sources
List of Figures
  • Figure 1. Porters Five Forces
  • Figure 2. Supply/Value Chain
  • Figure 3. PESTEL analysis
  • Figure 4. Global Light Electric Vehicle: by Type USD Million (2018-2023)
  • Figure 5. Global Light Electric Vehicle: by Vehicle USD Million (2018-2023)
  • Figure 6. South America Light Electric Vehicle Share (%), by Country
  • Figure 7. Asia Pacific Light Electric Vehicle Share (%), by Country
  • Figure 8. Europe Light Electric Vehicle Share (%), by Country
  • Figure 9. MEA Light Electric Vehicle Share (%), by Country
  • Figure 10. North America Light Electric Vehicle Share (%), by Country
  • Figure 11. Global Light Electric Vehicle: by Type K Units (2018-2023)
  • Figure 12. Global Light Electric Vehicle: by Vehicle K Units (2018-2023)
  • Figure 13. South America Light Electric Vehicle Share (%), by Country
  • Figure 14. Asia Pacific Light Electric Vehicle Share (%), by Country
  • Figure 15. Europe Light Electric Vehicle Share (%), by Country
  • Figure 16. MEA Light Electric Vehicle Share (%), by Country
  • Figure 17. North America Light Electric Vehicle Share (%), by Country
  • Figure 18. Global Light Electric Vehicle: by Type USD/Units (2018-2023)
  • Figure 19. Global Light Electric Vehicle share by Players 2023 (%)
  • Figure 20. Global Light Electric Vehicle share by Players (Top 3) 2023(%)
  • Figure 21. Global Light Electric Vehicle share by Players (Top 5) 2023(%)
  • Figure 22. BCG Matrix for key Companies
  • Figure 23. Tesla (United States) Revenue, Net Income and Gross profit
  • Figure 24. Tesla (United States) Revenue: by Geography 2023
  • Figure 25. Rivian (United States) Revenue, Net Income and Gross profit
  • Figure 26. Rivian (United States) Revenue: by Geography 2023
  • Figure 27. Lucid Motors (United States) Revenue, Net Income and Gross profit
  • Figure 28. Lucid Motors (United States) Revenue: by Geography 2023
  • Figure 29. NIO (China) Revenue, Net Income and Gross profit
  • Figure 30. NIO (China) Revenue: by Geography 2023
  • Figure 31. XPeng (China) Revenue, Net Income and Gross profit
  • Figure 32. XPeng (China) Revenue: by Geography 2023
  • Figure 33. Li Auto (China) Revenue, Net Income and Gross profit
  • Figure 34. Li Auto (China) Revenue: by Geography 2023
  • Figure 35. Fisker (United States) Revenue, Net Income and Gross profit
  • Figure 36. Fisker (United States) Revenue: by Geography 2023
  • Figure 37. Nikola (United States) Revenue, Net Income and Gross profit
  • Figure 38. Nikola (United States) Revenue: by Geography 2023
  • Figure 39. Proterra (United Kingdom) Revenue, Net Income and Gross profit
  • Figure 40. Proterra (United Kingdom) Revenue: by Geography 2023
  • Figure 41. Arrival (United States) Revenue, Net Income and Gross profit
  • Figure 42. Arrival (United States) Revenue: by Geography 2023
  • Figure 43. Global Light Electric Vehicle: by Type USD Million (2025-2030)
  • Figure 44. Global Light Electric Vehicle: by Vehicle USD Million (2025-2030)
  • Figure 45. South America Light Electric Vehicle Share (%), by Country
  • Figure 46. Asia Pacific Light Electric Vehicle Share (%), by Country
  • Figure 47. Europe Light Electric Vehicle Share (%), by Country
  • Figure 48. MEA Light Electric Vehicle Share (%), by Country
  • Figure 49. North America Light Electric Vehicle Share (%), by Country
  • Figure 50. Global Light Electric Vehicle: by Type K Units (2025-2030)
  • Figure 51. Global Light Electric Vehicle: by Vehicle K Units (2025-2030)
  • Figure 52. South America Light Electric Vehicle Share (%), by Country
  • Figure 53. Asia Pacific Light Electric Vehicle Share (%), by Country
  • Figure 54. Europe Light Electric Vehicle Share (%), by Country
  • Figure 55. MEA Light Electric Vehicle Share (%), by Country
  • Figure 56. North America Light Electric Vehicle Share (%), by Country
  • Figure 57. Global Light Electric Vehicle: by Type USD/Units (2025-2030)
List of companies from research coverage that are profiled in the study
  • Tesla (United States)
  • Rivian (United States)
  • Lucid Motors (United States)
  • NIO (China)
  • XPeng (China)
  • Li Auto (China)
  • Fisker (United States)
  • Nikola (United States)
  • Proterra (United Kingdom)
  • Arrival (United States)
Additional players considered in the study are as follows:
XL Fleet (United States)
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Key Highlights of Report


Apr 2024 211 Pages 86 Tables Base Year: 2023 Coverage: 15+ Companies; 18 Countries

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Global Light Electric Vehicle research Quantitative research analysis
Global Light Electric Vehicle research Qualitative Industry Analysis
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  • Time-to-market pressure, in Particular in Emerging Markets

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