Report cover image

Global Neighborhood Electric Vehicle NEV Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Aug 02, 2025
Length 154 Pages
SKU # BOSS20300913

Description

Report Overview

Neighborhood Electric Vehicles (NEVs) are a category of low-speed electric vehicles designed for short-distance urban and suburban transportation, typically operating at speeds of 25–35 mph (40–56 km/h) and often limited to roads with posted speed limits of 35 mph or lower. These battery-powered vehicles are classified as street-legal in many regions, provided they meet specific safety and equipment requirements, such as headlights, turn signals, seat belts, and windshield wipers. NEVs are primarily used for local commuting, gated community transportation, campus mobility, and last-mile delivery services, offering an eco-friendly alternative to conventional gasoline-powered cars with zero tailpipe emissions. Their compact size, energy efficiency, and lower operational costs make them appealing for niche markets, though their limited range and speed restrict broader adoption in high-speed or long-distance use cases.

The global Neighborhood Electric Vehicle NEV market size was estimated at USD 3842.21 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 6.46% during the forecast period.

This report provides a deep insight into the global Neighborhood Electric Vehicle NEV market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Neighborhood Electric Vehicle NEV Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Neighborhood Electric Vehicle NEV market in any manner.

Global Neighborhood Electric Vehicle NEV Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Byvin Corporation

Renault

Yogomo

Ingersoll Rand

Textron

Shifeng

Polaris

Yamaha

Lichi

Yika

Xinyuzhou

Shenzhen Marshell Green Power

Eagle

Market Segmentation (by Type)

Electric Power NEV

Gas Power NEV

Market Segmentation (by Application)

Personal Use

Public Utilities

Golf Cart

Sightseeing Cars

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Neighborhood Electric Vehicle NEV Market

Overview of the regional outlook of the Neighborhood Electric Vehicle NEV Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Neighborhood Electric Vehicle NEV Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Neighborhood Electric Vehicle NEV, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

154 Pages
1 Research Methodology And Statistical Scope
1.1 Market Definition And Statistical Scope Of Neighborhood Electric Vehicle Nev
1.2 Key Market Segments
1.2.1 Neighborhood Electric Vehicle Nev Segment By Type
1.2.2 Neighborhood Electric Vehicle Nev Segment By Application
1.3 Methodology & Sources Of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown And Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Neighborhood Electric Vehicle Nev Market Overview
2.1 Global Market Overview
2.1.1 Global Neighborhood Electric Vehicle Nev Market Size (M Usd) Estimates And Forecasts (2020-2033)
2.1.2 Global Neighborhood Electric Vehicle Nev Sales Estimates And Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size By Region
3 Neighborhood Electric Vehicle Nev Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Neighborhood Electric Vehicle Nev Product Life Cycle
3.3 Global Neighborhood Electric Vehicle Nev Sales By Manufacturers (2020-2025)
3.4 Global Neighborhood Electric Vehicle Nev Revenue Market Share By Manufacturers (2020-2025)
3.5 Neighborhood Electric Vehicle Nev Market Share By Company Type (Tier 1, Tier 2, And Tier 3)
3.6 Global Neighborhood Electric Vehicle Nev Average Price By Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, And Product Types
3.8 Neighborhood Electric Vehicle Nev Market Competitive Situation And Trends
3.8.1 Neighborhood Electric Vehicle Nev Market Concentration Rate
3.8.2 Global 5 And 10 Largest Neighborhood Electric Vehicle Nev Players Market Share By Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Neighborhood Electric Vehicle Nev Industry Chain Analysis
4.1 Neighborhood Electric Vehicle Nev Industry Chain Analysis
4.2 Market Overview Of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development And Dynamics Of Neighborhood Electric Vehicle Nev Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 Pest Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Neighborhood Electric Vehicle Nev Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions And Their Impacts To Neighborhood Electric Vehicle Nev Market
5.7 Esg Ratings Of Leading Companies
6 Neighborhood Electric Vehicle Nev Market Segmentation By Type
6.1 Evaluation Matrix Of Segment Market Development Potential (Type)
6.2 Global Neighborhood Electric Vehicle Nev Sales Market Share By Type (2020-2025)
6.3 Global Neighborhood Electric Vehicle Nev Market Size Market Share By Type (2020-2025)
6.4 Global Neighborhood Electric Vehicle Nev Price By Type (2020-2025)
7 Neighborhood Electric Vehicle Nev Market Segmentation By Application
7.1 Evaluation Matrix Of Segment Market Development Potential (Application)
7.2 Global Neighborhood Electric Vehicle Nev Market Sales By Application (2020-2025)
7.3 Global Neighborhood Electric Vehicle Nev Market Size (M Usd) By Application (2020-2025)
7.4 Global Neighborhood Electric Vehicle Nev Sales Growth Rate By Application (2020-2025)
8 Neighborhood Electric Vehicle Nev Market Sales By Region
8.1 Global Neighborhood Electric Vehicle Nev Sales By Region
8.1.1 Global Neighborhood Electric Vehicle Nev Sales By Region
8.1.2 Global Neighborhood Electric Vehicle Nev Sales Market Share By Region
8.2 Global Neighborhood Electric Vehicle Nev Market Size By Region
8.2.1 Global Neighborhood Electric Vehicle Nev Market Size By Region
8.2.2 Global Neighborhood Electric Vehicle Nev Market Size Market Share By Region
8.3 North America
8.3.1 North America Neighborhood Electric Vehicle Nev Sales By Country
8.3.2 North America Neighborhood Electric Vehicle Nev Market Size By Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Neighborhood Electric Vehicle Nev Sales By Country
8.4.2 Europe Neighborhood Electric Vehicle Nev Market Size By Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Neighborhood Electric Vehicle Nev Sales By Region
8.5.2 Asia Pacific Neighborhood Electric Vehicle Nev Market Size By Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Neighborhood Electric Vehicle Nev Sales By Country
8.6.2 South America Neighborhood Electric Vehicle Nev Market Size By Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East And Africa
8.7.1 Middle East And Africa Neighborhood Electric Vehicle Nev Sales By Region
8.7.2 Middle East And Africa Neighborhood Electric Vehicle Nev Market Size By Region
8.7.3 Saudi Arabia Market Overview
8.7.4 Uae Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Neighborhood Electric Vehicle Nev Market Production By Region
9.1 Global Production Of Neighborhood Electric Vehicle Nev By Region(2020-2025)
9.2 Global Neighborhood Electric Vehicle Nev Revenue Market Share By Region (2020-2025)
9.3 Global Neighborhood Electric Vehicle Nev Production, Revenue, Price And Gross Margin (2020-2025)
9.4 North America Neighborhood Electric Vehicle Nev Production
9.4.1 North America Neighborhood Electric Vehicle Nev Production Growth Rate (2020-2025)
9.4.2 North America Neighborhood Electric Vehicle Nev Production, Revenue, Price And Gross Margin (2020-2025)
9.5 Europe Neighborhood Electric Vehicle Nev Production
9.5.1 Europe Neighborhood Electric Vehicle Nev Production Growth Rate (2020-2025)
9.5.2 Europe Neighborhood Electric Vehicle Nev Production, Revenue, Price And Gross Margin (2020-2025)
9.6 Japan Neighborhood Electric Vehicle Nev Production (2020-2025)
9.6.1 Japan Neighborhood Electric Vehicle Nev Production Growth Rate (2020-2025)
9.6.2 Japan Neighborhood Electric Vehicle Nev Production, Revenue, Price And Gross Margin (2020-2025)
9.7 China Neighborhood Electric Vehicle Nev Production (2020-2025)
9.7.1 China Neighborhood Electric Vehicle Nev Production Growth Rate (2020-2025)
9.7.2 China Neighborhood Electric Vehicle Nev Production, Revenue, Price And Gross Margin (2020-2025)
10 Key Companies Profile
10.1 Byvin Corporation
10.1.1 Byvin Corporation Basic Information
10.1.2 Byvin Corporation Neighborhood Electric Vehicle Nev Product Overview
10.1.3 Byvin Corporation Neighborhood Electric Vehicle Nev Product Market Performance
10.1.4 Byvin Corporation Business Overview
10.1.5 Byvin Corporation Swot Analysis
10.1.6 Byvin Corporation Recent Developments
10.2 Renault
10.2.1 Renault Basic Information
10.2.2 Renault Neighborhood Electric Vehicle Nev Product Overview
10.2.3 Renault Neighborhood Electric Vehicle Nev Product Market Performance
10.2.4 Renault Business Overview
10.2.5 Renault Swot Analysis
10.2.6 Renault Recent Developments
10.3 Yogomo
10.3.1 Yogomo Basic Information
10.3.2 Yogomo Neighborhood Electric Vehicle Nev Product Overview
10.3.3 Yogomo Neighborhood Electric Vehicle Nev Product Market Performance
10.3.4 Yogomo Business Overview
10.3.5 Yogomo Swot Analysis
10.3.6 Yogomo Recent Developments
10.4 Ingersoll Rand
10.4.1 Ingersoll Rand Basic Information
10.4.2 Ingersoll Rand Neighborhood Electric Vehicle Nev Product Overview
10.4.3 Ingersoll Rand Neighborhood Electric Vehicle Nev Product Market Performance
10.4.4 Ingersoll Rand Business Overview
10.4.5 Ingersoll Rand Recent Developments
10.5 Textron
10.5.1 Textron Basic Information
10.5.2 Textron Neighborhood Electric Vehicle Nev Product Overview
10.5.3 Textron Neighborhood Electric Vehicle Nev Product Market Performance
10.5.4 Textron Business Overview
10.5.5 Textron Recent Developments
10.6 Shifeng
10.6.1 Shifeng Basic Information
10.6.2 Shifeng Neighborhood Electric Vehicle Nev Product Overview
10.6.3 Shifeng Neighborhood Electric Vehicle Nev Product Market Performance
10.6.4 Shifeng Business Overview
10.6.5 Shifeng Recent Developments
10.7 Polaris
10.7.1 Polaris Basic Information
10.7.2 Polaris Neighborhood Electric Vehicle Nev Product Overview
10.7.3 Polaris Neighborhood Electric Vehicle Nev Product Market Performance
10.7.4 Polaris Business Overview
10.7.5 Polaris Recent Developments
10.8 Yamaha
10.8.1 Yamaha Basic Information
10.8.2 Yamaha Neighborhood Electric Vehicle Nev Product Overview
10.8.3 Yamaha Neighborhood Electric Vehicle Nev Product Market Performance
10.8.4 Yamaha Business Overview
10.8.5 Yamaha Recent Developments
10.9 Lichi
10.9.1 Lichi Basic Information
10.9.2 Lichi Neighborhood Electric Vehicle Nev Product Overview
10.9.3 Lichi Neighborhood Electric Vehicle Nev Product Market Performance
10.9.4 Lichi Business Overview
10.9.5 Lichi Recent Developments
10.10 Yika
10.10.1 Yika Basic Information
10.10.2 Yika Neighborhood Electric Vehicle Nev Product Overview
10.10.3 Yika Neighborhood Electric Vehicle Nev Product Market Performance
10.10.4 Yika Business Overview
10.10.5 Yika Recent Developments
10.11 Xinyuzhou
10.11.1 Xinyuzhou Basic Information
10.11.2 Xinyuzhou Neighborhood Electric Vehicle Nev Product Overview
10.11.3 Xinyuzhou Neighborhood Electric Vehicle Nev Product Market Performance
10.11.4 Xinyuzhou Business Overview
10.11.5 Xinyuzhou Recent Developments
10.12 Shenzhen Marshell Green Power
10.12.1 Shenzhen Marshell Green Power Basic Information
10.12.2 Shenzhen Marshell Green Power Neighborhood Electric Vehicle Nev Product Overview
10.12.3 Shenzhen Marshell Green Power Neighborhood Electric Vehicle Nev Product Market Performance
10.12.4 Shenzhen Marshell Green Power Business Overview
10.12.5 Shenzhen Marshell Green Power Recent Developments
10.13 Eagle
10.13.1 Eagle Basic Information
10.13.2 Eagle Neighborhood Electric Vehicle Nev Product Overview
10.13.3 Eagle Neighborhood Electric Vehicle Nev Product Market Performance
10.13.4 Eagle Business Overview
10.13.5 Eagle Recent Developments
11 Neighborhood Electric Vehicle Nev Market Forecast By Region
11.1 Global Neighborhood Electric Vehicle Nev Market Size Forecast
11.2 Global Neighborhood Electric Vehicle Nev Market Forecast By Region
11.2.1 North America Market Size Forecast By Country
11.2.2 Europe Neighborhood Electric Vehicle Nev Market Size Forecast By Country
11.2.3 Asia Pacific Neighborhood Electric Vehicle Nev Market Size Forecast By Region
11.2.4 South America Neighborhood Electric Vehicle Nev Market Size Forecast By Country
11.2.5 Middle East And Africa Forecasted Sales Of Neighborhood Electric Vehicle Nev By Country
12 Forecast Market By Type And By Application (2026-2033)
12.1 Global Neighborhood Electric Vehicle Nev Market Forecast By Type (2026-2033)
12.1.1 Global Forecasted Sales Of Neighborhood Electric Vehicle Nev By Type (2026-2033)
12.1.2 Global Neighborhood Electric Vehicle Nev Market Size Forecast By Type (2026-2033)
12.1.3 Global Forecasted Price Of Neighborhood Electric Vehicle Nev By Type (2026-2033)
12.2 Global Neighborhood Electric Vehicle Nev Market Forecast By Application (2026-2033)
12.2.1 Global Neighborhood Electric Vehicle Nev Sales (K Units) Forecast By Application
12.2.2 Global Neighborhood Electric Vehicle Nev Market Size (M Usd) Forecast By Application (2026-2033)
13 Conclusion And Key Findings
How Do Licenses Work?
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.