China Low-Speed Electric Vehicle Industry Analysis & Forecast Report, 2014-2017
Low-speed electric vehicle (LSEV) embraces two-wheeled electric vehicle (electric bicycle, electric motorcycle, etc.), three-wheeled electric vehicle and four-wheeled electric vehicle (all-terrain vehicle, low-speed electric vehicle, etc.). In 2013, China produced 25.29 million two-wheeled electric vehicles, 4.72 million three-wheeled electric vehicles, 302,000 low-speed electric vehicles and 1.162 million all-terrain vehicles (ATV), up 26.3%, 32.2%, 46.6% and 10.1%, respectively, on a year-on-year basis. Although the low speed electric vehicle industry is experiencing a rapid growth, the market competition is extremely fierce due...
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