The light electric vehicle market is expected to be valued at USD 98.2 billion in 2024. The market’s progress is projected to increase at a CAGR of 10.6% from 2024 to 2034. By 2034, the market value is forecasted to hit USD 268 Billion. In recent years, there has been a growing interest in low-emission vehicles (LEVs), which are eco-friendly and more efficient …