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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
A four-wheeled human-powered land vehicle is called a quadracycle. Among other names, it is also known as a quadricycle, quadricycle, pedal vehicle, or four-wheeled bicycle.
Touring quadricycles are made to be lighter and faster than rental surreys and are made primarily for the personal ownership market. They typically have side-by-side seating for one or two individuals with autonomous pedalling and gear selection.
Touring quadricycles are more comfortable to ride than touring or hybrid bicycles, can handle steeper slopes and crosswinds better, and can carry a lot more weight than a bicycle. In comparison to bicycles, they are heavier, need more storage space, normally cruise at slower speeds, are more difficult to maintain, and have a bigger turning circle.
The Global Electric quadricycle market accountedfor $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The EaS-E, which is offered by PMV Electric and costs between INR 400,000 and 600,000, is the country's first electric quadricycle. It has two seats and four wheels. The lithium-iron-phosphate battery pack in the EaS-E is intended to provide a driving range of 120â200 km and can be fully recharged in four hours using a standard power outlet.
The vehicle's highest speed will be restricted to 70 km/h, and in addition to various contemporary conveniences like power windows, air conditioning, over-the-air updates, and LED headlamps, its occupants will have access to 170mm of ground clearance.
The electric quadricycle, according to Mahindra Electric, was created for commercial use and to provide last-mile connectivity in urban areas. According to the business, a taller, more substantial structure will provide passengers with the greatest level of comfort. The auto giant hasn't said much about the range, but news reports indicate that it is probably close to 75 kilometres.
One of the things that should be part of the bundle is a top-notch communication system. Passengers will also be able to make reservations and payments from the convenience of their vehicle thanks to the connectivity technology. The technology will notify customers of the closest boarding locations as well as keep them updated on aircraft, train, and bus timetables.
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 |