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Thursday, October 9, 2025

Lucintel Forecasts the Global Electric Vehicle Taxi Market to Grow with a CAGR of 11.3% from 2024 to 2030

According to a market report by Lucintel, the future of the global electric vehicle taxi market looks promising with opportunities in the two-wheeler taxi, three wheeler taxi, and four wheeler taxi markets. The global electric vehicle taxi market is expected to grow with a CAGR of 11.3% from 2024 to 2030. The major drivers for this market are expanding infrastructure for charging and improvements in battery technology, government spending on infrastructure for electric vehicles, as well as, growing environmental awareness and stricter emission standards.

A more than 150-page report to understand trends, opportunity and forecast in global electric vehicle taxi market to 2030 by propulsion type (battery electric vehicle, hybrid electric vehicle, and plug-in hybrid electric vehicle), vehicle type (two-wheeler taxi, three wheeler taxi, and four wheeler taxi), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the type category, battery electric vehicle will remain the largest segment due to their ease of use and lower after-sales expenses.

In terms of regions, APAC will remain the largest region over the forecast period due to high rate of electric vehicle adoption in the area and rising taxi fleet demand in the region.

Download sample by clicking on electric vehicle taxi market.

A to Z Universal Solutions, Blu-Smart Mobility, Connexxion, OLA Group, Travel Electric BV  are the major suppliers in the electric vehicle taxi market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1-972-636-5056

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