electric vehicle sub‑niches
Experts Warn - Electric Vehicle Sub‑Niches Miss Target Markets
The global electric vehicle market reached $1,304.64 million in 2025, and the fastest-growing sub-niches - compact commuters, urban cargo bikes, and light-electric freight trucks - are reshaping how families, businesses, and cities cut costs and emissions. According to PRNewswire, this surge is driven by targeted subsidies, battery-cost declines,