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Insights on the Microcars Global Market Analysis to 2026 - Opportunity Analysis for New Entrants

Share this article Share this article ResearchAndMarkets.com s offering. The Global Microcars market is expected to reach $8.19 billion by 2026 growing at a CAGR of 17.0% from 2019 to 2026. The microcar is a small-sized car, with three or four wheels and often an engine smaller than 700 cc. Factors such as increased adoption of electric cars and government regulations regarding environmental safety and carbon emissions are driving the growth of the market. However, the high initial cost is restraining the growth of the market. Based on the fuel type, the electric segment is going to have a lucrative growth during the forecast period owing to the increased awareness among people regarding the impacts of fossil fuels.

Scoop! Full details on the Tata Safari s connected tech

What 3 Words iRA, ConnectNext & What3Words have a validity period of 1 year. They can be downloaded for free from the App Store or the Play Store. The new Safari is based on the OMEGARC platform that is shared with the Harrier. It will be offered in 6 and 7-seat configurations. The SUV will come equipped with features such as 9-inch touchscreen infotainment head-unit, 9-speaker JBL audio system, cruise control and front, seat-side and curtain airbags, among others. The new Safari is expected to be offered with a 2.0-litre, 4-cylinder diesel engine producing 170 BHP and 350 Nm of torque. Transmission options will include a 6-speed manual and a 6-speed automatic transmission.

Global Remote V2X Market Report for the Forecast Period until 2021 | Increasing Focus on Providing Remote V2X Market to Boost Growth, COVID-19 Impact & Recovery Analysis 2023

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