Global Neighborhood Electric Vehicle (NEV) market cagr 6.40%

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Neighborhood Electric Vehicle (NEV) Market

Neighborhood Electric Vehicle (NEV) Market Scope: Industry Analysis, Market Size, Growth, Trends Till

2031

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Neighborhood Electric Vehicle (NEV) Market Size and Growth

The Neighborhood Electric Vehicle (NEV) market research reports indicate a growing demand for environmentally friendly transportation options in urban areas. The market size for NEVs is projected to reach $XX million by 2027, driven by increasing awareness of sustainable mobility solutions and government incentives promoting electric vehicles.

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Companies Covered

(Covid 19 Impact Covered)

◍ Byvin Corporation

◍ Renault

◍ Yogomo

◍ Ingersoll Rand

◍ Textron

◍ Shifeng

◍ Polaris

◍ Yamaha

◍ Lichi

◍ Yika

◍ Xinyuzhou

◍ Shenzhen Marshell Green Power

◍ Eagle

The Neighborhood Electric Vehicle (NEV) market is highly competitive with players like Byvin Corporation, Renault, Yogomo, Ingersoll Rand, Textron, Shifeng, Polaris, Yamaha, Lichi, Yika, Xinyuzhou, Shenzhen Marshell Green Power, and Eagle. These companies offer a range of NEVs for urban mobility solutions, contributing to the market's growth.

- Byvin Corporation: $100 million

- Ingersoll Rand: $500 million

- Textron: $1 billion

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Market Segmentation

By Application

Personal Use

Public Utilities ◍ Golf Cart ◍ Sightseeing Cars

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By Product

Electric Power NEV

Gas Power NEV

Market Growth

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$ 4.60 Billion

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