The "Neighborhood Electric Vehicles Market" report has been added to ResearchAndMarkets.com's offering.

The global automotive industry is transitioning significantly from producing gas-powered vehicles to EVs. While EVs have been in the market for a long time, advances in technological innovation and an inclination toward green mobility solutions have substantially fueled their global demand.

NEVs are part of EVs, which are ideal for the worldwide shift toward clean transportation and are expected to benefit from improvements in battery life and demand for eco-friendly transport. Compact, affordable and efficient, NEVs serve short-distance travel in communities and campuses. Rising EV penetration encourages NEV adoption by promoting battery technology, cost reduction and charging facilities.

These advances are driving down the cost of NEVs, making them more energy efficient and helping to increase their presence in communities, college campuses, downtown districts and more as a green alternative transportation choice. With increased sustainable goals, NEVs are expected to be an important part of future urban transport.

Report Scope

The global neighborhood electric vehicle (NEV) market is segmented by battery type and end-user segments. In this report, we have covered market analysis for the leading countries, such as the U.S., Canada, China, Japan, Germany, France and the U.K., where the opportunity for NEVs is gaining momentum in the global market. The regional analysis of NEVs covers North America; Europe; Asia-Pacific; and the Rest of the World, which includes South America, the Middle East and Africa (MEA).

The study also covers leading companies with company overviews, financial information, product types and key developments. The report includes patent analysis, regulations and a competitive landscape, which enables the reader to understand the competitive environment more precisely. The report is prepared in an easy-to-understand format; tables and figures are included to illustrate historical, current and future market scenarios. The base year is 2024, while 2025 is an estimated year, and the market values are forecasted for five years through 2030. Market values are in $ million.

The report includes:

• In-depth analysis of the global markets for neighborhood electric vehicles (NEVs) also known as low-speed vehicles (LSVs)
• Analyses of the global market trends, with revenue data for 2024, estimates for 2025, forecasts for 2028 and 2029, and projected CAGRs through 2030
• Estimates of the market size and revenue growth prospects, accompanied by a market share analysis by battery type, end-user and region
• Facts and figures pertaining to market dynamics, technological advances, regulations, prospects, and the impact of various region- and industry-specific macroeconomic variables
• Insights derived from Porter's Five Forces analyses
• Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, as well as the ESG risk ratings and practices of leading companies
• Patent review, featuring key granted and published patents
• Analysis of the industry structure, including companies' market shares and rankings, strategic initiatives, M&A activity and a venture funding outlook

Key Attributes:

Key Topics Covered:

Chapter 1 Executive Summary

• Market Outlook
• Scope of the Report
• Market Summary
• Market Dynamics and Growth Factors
• Future Trends and Developments
• Segmental Analysis
• Regional Insights and Emerging Markets
• Conclusion

Chapter 2 Market Overview

• Current Market Overview and Future Scenario
• Porter's Five Forces Analysis
• Bargaining Power of Buyers
• Bargaining Power of Suppliers
• Potential for New Entrants to the Market
• Competition in the Industry
• Threat of Substitutes
• Macroeconomic Factors
• Impact of the Russia-Ukraine War
• Raw Material Prices and Supply Chain Dynamics
• Impact of U.S. Tariffs on the NEV Market
• Regulatory Frameworks and Government Initiatives
• Germany
• EU
• U.S.
• Canada
• India
• China
• Patent Analysis
• Key Findings

Chapter 3 Market Dynamics

• Market Dynamics
• Market Drivers
• Increasing Global Sales of Battery Electric Vehicles (BEVs)
• Falling LIB Prices Facilitating Increased NEV Deployment
• Rising Petroleum Prices Drive Consumer Shift Toward EVs
• Market Challenges/Restraints
• Inadequate EV Charging Infrastructure in Developing Countries
• Safety Concerns about the Transportation and Storage of Used LIBs
• Market Opportunities
• Government Support for Battery R&D
• Rapid Advances in Battery Technologies

Chapter 4 Emerging Technologies and Developments

• Overview
• Key Emerging Technologies for NEVs
• Autonomous Charging
• 3D EV Printing
• V2G EV Charging Stations

Chapter 5 Market Segment Analysis

• Segmentation Breakdown
• NEV Market, by Battery Type
• Key Takeaways
• LIBs
• LABs
• NEV Market, by End User
• Key Takeaways
• Commercial Use
• Public Transport
• Personal Use
• Geographic Breakdown
• NEV Market, by Region
• Key Takeaways
• North America
• Europe
• Asia-Pacific
• Rest of the World (RoW)

Chapter 6 Competitive Intelligence

• Overview
• Market Ranking Analysis
• Club Car LLC.
• Global Electric Motorcars
• Textron Specialized Vehicles Inc.
• Eli Electric Vehicles
• Kandi Technologies Group Inc.
• Key Developments

Chapter 7 Appendix

Companies Featured

• Club Car
• Columbia Vehicle Group Inc.
• Eli Electric Vehicles
• Garia
• Kandi America
• Shandong Shifeng (Group) Co. Ltd.
• Squad Mobility B.V.
• Suzhou Eagle Electric Vehicle Manufacturing Co. Ltd.
• Textron Specialized Vehicles Inc.
• Waev Inc.

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