YUANLU Electric Tricycles Accelerate Overseas Expansion. The SKD (semi-knocked-down) project of electric tricycles in the European market is progressing steadily, while the CKD (completely knocked-down) project in West Africa has also made significant progress. We are accelerating our global layout through a localized production model, helping local green transportation transformation while increasing our international market share.
The global electric tricycle market is in a period of rapid growth. It is expected to climb to US$3.28 billion by 2032, with a compound annual growth rate of 9.4%.
The most significant growth is in the freight application field. The surge in demand for electric tricycles for last-mile delivery and logistics services has driven the continued expansion of the market share of 1500-2000Wh large-capacity battery models.
JINJIAN GLOBAL has been assisting our overseas customers in assembling electric tricycles locally to meet the expanding demand for green transportation.