Three wheel electric scooter for cargo and passenger

Three wheel electric scooter for cargo and passenger Since 2017, the size of China's electric tricycle market has shown a continuous growth trend. In 2022, the size of China's electric tricycle market reached nearly 40 billion yuan, with a year-on-year growth rate of 8.2%. In recent years, the supply and demand of China's electric tricycle market have been basically balanced. Data shows that from 2017 to 2022, the production of electric tricycles in China increased from 10.34 million to 14.04 million, with a CAGR of 6.31%; The demand for electric tricycles in China has increased from 10.302 million to 13.95 million, with a CAGR of 6.25%. The electric tricycle industry started relatively late and competition is not fierce. However, compared with previous years, in recent years, due to the rapid development of the industry, the number of enterprises has also grown rapidly. Electric Tricycle Car is a transportation vehicle with three wheels that uses a battery as the energy source and an…