The increasing urbanization and traffic congestion in major cities opens new opportunities for micromobility transportation. One such type of vehicle model is a microcar, a 4-wheeled passenger vehicle with a restricted speed limit and engine power. Usually, microcars can transport 4 people within city limits and can be used as cargo delivery vehicles for last-mile delivery applications.
• This Frost & Sullivan analysis offers extensive coverage of the global microcars sector. Kei cars, A00 vehicles, neighborhood electric vehicles (NEVs), quadricycles, and low-speed vehicles (LSVs) are microcars.
• In addition to an overview of microcar OEMs and a key model lineup, the analysis presents industry drivers and restraints. It also draws a top-level comparison of vehicle specifications versus price.
• The analysis discusses case studies and applications of microcars and provides comprehensive insight into the industry landscape. It examines the evolution and regulations that govern these vehicles. The analysis also highlights technological developments in the microcars space.
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