According to a new report by Univdatos Market Insights, The Global Micro Electric Vehicle Market Globally is expected to reach USD 21.52 Million in 2030 by growing at a CAGR of 11.47% in Forecasted Period (2023-2030). The micro-electric vehicle market is growing rapidly due to a combination of factors, including changing consumer behavior, evolving government regulations, and the rapid launch of new models in the market.