Saudi Arabia Automotive Electric Two Wheeler Market Research Report 2017-2027

September 30, 2022 ⚊ 1 Min read ⚊ Views 95 ⚊ BUSINESS

Saudi Arabia Electric Two-Wheeler Market was valued at USD 117.72 thousand in 2022E and is forecast to grow at a CAGR of 78.24% through 2027 to reach USD 2,117.94 thousand by 2027. Saudi Arabia electric two-wheeler market is driven by various factors such as rising fuel price, government initiative towards renewable energy, etc. In Saudi Arabia till 2021, there were no electric two wheelers on road but in 2022 some units of electric two wheelers were imported. The government of Saudi Arabia has taken initiatives to increase the sales of electric two-wheelers in different region of Saudi Arabia.

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