Low Speed Electric Vehicles is take the battery as the driving force，it is use electric motors and motor controllers instead of internal combustion engines for propulsion. Low speed electric vehicles includes permanent magnet type brushless DC motor Vehicles and permanent magnet type brush DC motor vehicles on the base of classification, which represent 65% and 28% of global low speed electric vehicles market.
Electric scooter and transportation are the main application of low speed electric vehicles product and Asia is the largest low speed electric vehicles market on production and consumption.
Global low speed electric vehicles market is projected to reach $ 870.2 Billion by 2019, with a GAGR of 23.7% from 2015, and Asia will have a big dynamic momentum on the market growth. The major players in the global low speed electric vehicles market are Yadea, Xinri, GM, Polaris Industries, FIAT, Renault etc..
Joanna | Executive – International Business and partner Relations
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