Rising e-commerce platforms of used car players, lack of original manufacturing facilities and shortage of semiconductor chip in the automobile industry is driving the Used Car Market in USA: Ken Research

The development of technology and internet have provided all information to the consumers regarding vehicle value, market prices, profit margin of seller, quality of car and more, thereby making market more competitive than before. Rising in Supply: Factors like fast growing disposable income, rising demand for premium cars, shorter period of car ownership, and increasing… Read More »

Malaysia Electric Vehicle Market Analysis, Sales, Forecast and Outlook to 2026: Ken Research

Malaysia Electric vehicle Market Segmentation, 2021 By Type of Electric Vehicle (4-Wheeler and 2-Wheeler) In 2021, Electric 4-Wheelers dominated the Electric Vehicle Market in Malaysia and generated a revenue of USD xx Million. Electric 2-Wheelers helped in contributing xx% of the total Electric Vehicle market in Malaysia generating a revenue of USD xx Million. By… Read More »

Malaysia Used Vehicle Market Will Be Driven By Growing Vehicle Replacement Rate Coupled With High Vehicle Ownership Ration: Ken Research

Market Overview Cars are one of the most prevalent products bought and sold around the Malaysia. Used cars, on the other hand, are becoming progressively popular as buyers look for value for their money. This is upright news for businesses that sell used cars – and it could mean immense profits during the future. The… Read More »

Increase In Number of Women Drivers Is Set to Drive Used Car Market In Saudi Arabia: Ken Research

Introduction A used car is the second-hand vehicle that is accessible for resale. Several outlets such as franchise and independent car dealers, auctions, rental car companies, private party sales and leasing offices sell used cards. Report Analysis According to the report analysis, ‘Saudi Arabia Used Car Market Outlook to 2025- By Market Structure (Organized &… Read More »

Vietnam Used Car Market Future Outlook: Ken Research

The Vietnamese used car market was found to be in its early stages of development and showed strong growth as a result of rising disposable income, a quicker rate of vehicle replacement, an expanding middle class, an increase in the average ticket size, and expanding government initiatives regarding import tariffs, taxes, and regulations. In Vietnam,… Read More »

India Electric Three-Wheeler Market, Industry Competition, By Wheeler Type (Passenger, Goods, Personal): Ken Research

Electric three-wheelers are electrically driven vehicles with greater torque motors and longer battery life. Tricycles are three-wheelers with one single wheel in front and two wheels in back, whereas tadpoles have two front wheels and one back wheel. Electric three-wheelers have broader applicability in several industries, including as passenger transportation within cities and the movement… Read More »

The Indonesia electric 2W segment accounted for a high double digit market share in 2021 with a high demand for cheap and energy-efficient personal vehicles: Ken Research

Indonesia has not yet developed clear incentives schemes for vehicle electrification, however several ministerial regulations to support adoption of EVs were enacted from 2020. Tax Incentives: Electric vehicle businesses with a capital of over USD 34.7 Mn will receive a 100% cut in corporate income tax, while investments worth USD 6.9–34.7 Mn will receive a… Read More »