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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
A sort of electric vehicle made specifically for carrying cargo or goods is the electric cargo tricycle. An electric motor and a rechargeable battery power this three-wheeled vehicle.
Electric cargo tricycles are more environmentally friendly, environmentally favourable, and smaller than traditional delivery vehicles, making them perfect for usage in densely populated urban areas.
They are frequently employed for food deliveries, mail and package delivery, and last-mile deliveries. In addition to easing traffic and lowering pollution in cities, they provide a practical and environmentally friendly method of moving goods.
They are a common option for delivery services and small business owners because they are also fairly simple to use and maintain.
The Electric Cargo Tricycle accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
With its large cargo area, strong electric motor, and sleek, contemporary style, this new electric cargo tricycle from GoPedal is intended for urban transportation.
The Roullet Decamps eCargo tricycle is a lightweight electric cargo tricycle that is perfect for delivery services and urban transit. It has an electric motor that is powerful and a lightweight aluminium frame.
Re-E-Trike, a three-wheeled electric vehicle created for last-mile deliveries, was just released by Bajaj. It can travel up to 80 kilometres on a single charge and has a top speed of 25 km/h.
The Optima E5 electric freight trike from Hero Electric has just been released; it has a top speed of 25 km/h and a range of up to 60 km on a single charge. It's intended for delivery to the final mile of a route in cities.
An electric cargo tricycle with many uses, the Rad Power Bikes RadWagon is intended for city travel and small deliveries. The vehicle has a sizable cargo room, a strong electric motor, and numerous customisable features.
A light delivery service and urban mobility are the intended uses of the electric cargo tricycle known as the Xtracycle Edgerunner. It comes with a strong electric motor, a sizable load compartment, and a clean, contemporary style.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |