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Asian Electric Three-Wheeler Growth Opportunities
Governments EV Transition Policies and Emerging Business Models will Create Demand and Accelerate Market Growth
06-Nov-2023
South Asia, Middle East & North Africa
Market Research
MGF0-01-00-00-00
AU_2023_284
$4,950.00
Special Price $3,712.50 save 25 %
Electric three-wheelers (E3Ws) in Asia have registered significant growth due to increasing fuel prices, favorable policies, and government initiatives to improve charging infrastructure, accelerating electric vehicle (EV) adoption in the region. E3Ws are also gaining popularity as they are an environment-friendly option and have low operating costs; post-pandemic, the booming eCommerce market has also supported the growth of cargo E3Ws as most eCommerce companies prefer E3Ws for last-mile mobility. Some Asian countries have also started using E3Ws for tourism, and the trend is gaining popularity.
Improving charging infrastructure, especially battery-swapping infrastructure, is expected to improve E3W demand in Asian countries as it will address one of the major concerns drivers have—that of range anxiety.
This study assesses current trends and emerging business models in the Asian region along with a select few countries' government initiatives, charging infrastructure, top OEM profiles, and growth opportunities.
Author: Shraddha Ramdas Manjrekar
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Asian Electric Three-wheeler (E3W) Market
Growth Opportunities Fuel the Growth Pipeline Engine™
Key Takeaways
Competitive Landscape
Pivotal E3W Usages
E3W Target Customer Requirements
Pivotal E3W Parameters
Select OEM Growth Strategy Matrix
Select OEM Growth Strategy Matrix (continued)
Select E3W OEMs’ Growth and Technology Matrix
Trend Impact Analysis on the Asian E3W Market
Business Model: Growth Opportunity Analysis
Recent Partnerships in the Fast-Growing Indian Market
Scope of Analysis
Segmentation
Growth Drivers
Growth Restraints
Growth Metrics
Forecast Assumptions
Forecast Methodology
Unit Sales Forecast
Unit Sales Forecast by Country
Leading Competitors
Trend 1: Booming eCommerce and Last-mile Delivery Services Boosting E3W Sales
Trend 2: Shift from Lead-acid to Lithium-ion Batteries
Trend 3: Battery as a Service (BaaS) for E3Ws
Trend 4: Implementation of Built-in Telematics Solutions
Trend 5: Innovative Battery Solutions: Rapid Charging Technology
Trend 6: Shift from L3 to L5 E3Ws
Trend 7: Innovative EV Tires
Trend 8: Emerging Fintech Platforms Offering Multiple Financing Options
Types of Batteries E3Ws Use
Charging Infrastructure: Requirements and Charging Types
Battery Charging and Swapping Service Providers
Charging Station Distribution
E3W Ecosystem
Select Value Chain Participants
E3W Ecosystem Integration for Select OEMs
E3W Ecosystem Integration for Select OEMs (continued)
Business Model 1: Fleet Management as a Service (FMaaS)
Business Model 2: Renting and Leasing of E3Ws by OEMs
Business Model 3: Shared Mobility for E3Ws
Business Model 4: eTuk-tuk Tours
Growth Metrics
Overall Market Development
Key Government Regulations
E3W Infrastructure
Unit Sales Forecast
Competitive Environment
Company Profile: Huaihai Holding Group
Company Profile: Qiangsheng Group
Company Profile: Zongshen Motor
Growth Metrics
Overall Market Development
Key Government Regulations
E3W Infrastructure
Unit Sales Forecast
Competitive Environment
Company Profile: M&M Last Mile Mobility (LMM)
Company Profile: YC Electric Vehicle
Company Profile: Saera Electric
Growth Metrics
Overall Market Development
Key Government Regulations
E3W Infrastructure
Unit Sales Forecast
Competitive Environment
Company Profile: BEMAC Electric Transportation Philippines, Inc.
Company Profile: Tojo Motors
Company Profile: EGV
Growth Metrics
Overall Market Development
Key Government Regulations
E3W Infrastructure
Unit Sales Forecast
Competitive Environment
Company Profile: eTuk Factory
Company Profile: BIZ NEX Motor
Growth Metrics
Overall Market Development
Key Government Regulations
E3W Infrastructure
Unit Sales Forecast
Competitive Environment
Company Profile: BEMAC Corporation
Company Profile: Terra Motors
Growth Opportunity 1: Investments in E3W Start-ups to Play a Vital Role in Changing the E3W Mobility Space
Growth Opportunity 1: Investments in E3W Start-ups to Play a Vital Role in Changing the E3W Mobility Space (continued)
Growth Opportunity 2: Collaborations with Technologically Advanced EV Stakeholders
Growth Opportunity 2: Collaborations with Technologically Advanced EV Stakeholders (continued)
Growth Opportunity 3: Innovative Business Models Creating New Growth Opportunities
Growth Opportunity 3: Innovative Business Models Creating New Growth Opportunities (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
List of Figures
- E3Ws: Growth Drivers, Asia, 2023–2030
- E3Ws: Growth Restraints, Asia, 2023–2030
- E3Ws: Growth Metrics, Asia, 2022
- E3Ws: Unit Sales Forecast, Asia, 2018–2030
- E3Ws: Charging Specifications, Asia, 2023
- E3Ws: Standard for AC and DC Charging and Battery Swapping, Asia, 2023
- E3Ws: Battery Charging and Swapping Services, Asia, 2023
- E3Ws: Ecosystem Integration, Asia, 2022
- E3Ws: Growth Metrics, China, 2022
- E3Ws: Key Government Regulations’ Impact Analysis, China, 2023
- E3Ws: Unit Sales Forecast, China, 2018–2030
- E3Ws: Growth Metrics, India, 2022
- E3Ws: Key Government Regulations’ Impact Analysis, India, 2023
- E3Ws: Unit Sales Forecast, India, 2018–2030
- E3Ws: Growth Metrics, The Philippines, 2022
- E3Ws: Key Government Regulations’ Impact Analysis, The Philippines, 2023
- E3Ws: Unit Sales Forecast, The Philippines, 2018–2030
- E3Ws: Growth Metrics, Thailand, 2022
- E3Ws: Key Government Regulations’ Impact Analysis, Thailand, 2023
- E3Ws: Unit Sales Forecast, Thailand, 2018–2030
- E3Ws: Growth Metrics, Japan, 2022
- E3Ws: Key Government Regulations’ Impact Analysis, Japan, 2023
- E3Ws: Unit Sales Forecast, Japan, 2018–2030
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| Deliverable Type | Market Research |
|---|---|
| Author | Shradha Manjrekar |
| Industries | Automotive |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Electric Vehicle Market |
| Keyword 2 | Ev Target Market |
| Keyword 3 | Electric Vehicle Charging Infrastructure Market |
| List of Charts and Figures | E3Ws: Growth Drivers, Asia, 2023–2030~ E3Ws: Growth Restraints, Asia, 2023–2030~ E3Ws: Growth Metrics, Asia, 2022~ E3Ws: Unit Sales Forecast, Asia, 2018–2030~ E3Ws: Charging Specifications, Asia, 2023~ E3Ws: Standard for AC and DC Charging and Battery Swapping, Asia, 2023~ E3Ws: Battery Charging and Swapping Services, Asia, 2023~ E3Ws: Ecosystem Integration, Asia, 2022~ E3Ws: Growth Metrics, China, 2022~ E3Ws: Key Government Regulations’ Impact Analysis, China, 2023~ E3Ws: Unit Sales Forecast, China, 2018–2030~ E3Ws: Growth Metrics, India, 2022~ E3Ws: Key Government Regulations’ Impact Analysis, India, 2023~ E3Ws: Unit Sales Forecast, India, 2018–2030~ E3Ws: Growth Metrics, The Philippines, 2022~ E3Ws: Key Government Regulations’ Impact Analysis, The Philippines, 2023~ E3Ws: Unit Sales Forecast, The Philippines, 2018–2030~ E3Ws: Growth Metrics, Thailand, 2022~ E3Ws: Key Government Regulations’ Impact Analysis, Thailand, 2023~ E3Ws: Unit Sales Forecast, Thailand, 2018–2030~ E3Ws: Growth Metrics, Japan, 2022~ E3Ws: Key Government Regulations’ Impact Analysis, Japan, 2023~ E3Ws: Unit Sales Forecast, Japan, 2018–2030~ |
| Podcast | No |
| WIP Number | MGF0-01-00-00-00 |