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Forecast: global 3-wheeler market to grow at CAGR of 13% through 2019

Green Car Congress

The value of the global three-wheeler market will grow at a compound annual growth rate (CAGR) of 13% during 2014-19, according to a recently published report by TechSci Research, “Global Three Wheeler Market Forecast and Opportunities, 2019”. cannot effectively penetrate.

2019 231
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Geely exports more than 100,000 vehicles in 2012; 164% year-on-year growth

Green Car Congress

Geely’s current major overseas markets include Ukraine, Russia, Iraq and Saudi Arabia. Geely has set up multiple complete knock down (CKD) facilities in key markets to speed up product delivery and also lower costs for consumers. In addition, plans for new production facilities in Ethiopia and Brazil are well under way.

2012 225
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Pike Research forecasts annual global sales of light-duty natural gas vehicles to reach 3.2M in 2019

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The global market for light-duty (LD) natural gas vehicles (NGVs)—including passenger cars, light-duty trucks and commercial vehicles—will experience a compound annual growth rate (CAGR) of 6.2% LD NGVs make up about 97% of the total NGV market (2.08 In Latin America, the consumer market is. Ukraine and Italy.

2019 311
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ZAP Acquires 51% Stake in China’s Jonway Auto in Focus On China EV Market; Plans Acquisition of Other 49% in Second Phase

Green Car Congress

ZAP Jonway plans to introduce an electric A280—the “little brother”to the A380 being used as an electric taxi. as part of a strategy to capitalize on the growing automotive and electric vehicle (EV) market in China. Jonway’s 3-door SUV has been CE approved in Italy by its European partner for the European market.

China 218