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2025-08-20 05:40:37 -

Micro Electric Vehicle Market Expands with Growing Fleet Electrification

The global micro electric vehicle (MEV) market size was valued at USD 9.84 billion in 2024 and is projected to reach USD 20.26 billion by 2030, expanding at a CAGR of 12.9% from 2025 to 2030. Micro electric vehicles are compact, battery-powered vehicles built for urban mobility. They offer a sustainable, space-efficient, and zero-emission transportation solution, with features such as...

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