| Product Code: ETC12579682 | Publication Date: Apr 2025 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Despite a sharp decline in growth rate in 2024, Seychelles continues to see a significant influx of low-speed electric vehicle imports. The top exporting countries, including the USA, China, and South Africa, indicate a diverse global market presence. However, the high Herfindahl-Hirschman Index (HHI) suggests a concentrated market landscape. With a strong compound annual growth rate (CAGR) of 19.04% from 2020 to 2024, the market for low-speed electric vehicles in Seychelles is poised for continued expansion, offering opportunities for both domestic consumers and international exporters.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Seychelles Low Speed Electric Vehicle Market Overview |
3.1 Seychelles Country Macro Economic Indicators |
3.2 Seychelles Low Speed Electric Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 Seychelles Low Speed Electric Vehicle Market - Industry Life Cycle |
3.4 Seychelles Low Speed Electric Vehicle Market - Porter's Five Forces |
3.5 Seychelles Low Speed Electric Vehicle Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Seychelles Low Speed Electric Vehicle Market Revenues & Volume Share, By End user, 2021 & 2031F |
4 Seychelles Low Speed Electric Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government incentives and policies promoting sustainability |
4.2.2 Rising fuel prices leading to cost savings with electric vehicles |
4.2.3 Increasing environmental awareness and concern for pollution reduction |
4.3 Market Restraints |
4.3.1 Limited charging infrastructure in Seychelles |
4.3.2 High initial cost of low-speed electric vehicles compared to traditional vehicles |
4.3.3 Lack of consumer awareness and education about the benefits of low-speed electric vehicles |
5 Seychelles Low Speed Electric Vehicle Market Trends |
6 Seychelles Low Speed Electric Vehicle Market, By Types |
6.1 Seychelles Low Speed Electric Vehicle Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Seychelles Low Speed Electric Vehicle Market Revenues & Volume, By Vehicle Type, 2021 - 2031F |
6.1.3 Seychelles Low Speed Electric Vehicle Market Revenues & Volume, By Passenger Vehicles, 2021 - 2031F |
6.1.4 Seychelles Low Speed Electric Vehicle Market Revenues & Volume, By Heavy Duty Vehicles, 2021 - 2031F |
6.1.5 Seychelles Low Speed Electric Vehicle Market Revenues & Volume, By Utility Vehicles, 2021 - 2031F |
6.1.6 Seychelles Low Speed Electric Vehicle Market Revenues & Volume, By Off-Road Vehicles, 2021 - 2031F |
6.2 Seychelles Low Speed Electric Vehicle Market, By End user |
6.2.1 Overview and Analysis |
6.2.2 Seychelles Low Speed Electric Vehicle Market Revenues & Volume, By Airports, 2021 - 2031F |
6.2.3 Seychelles Low Speed Electric Vehicle Market Revenues & Volume, By Residential and Commercial Premises, 2021 - 2031F |
6.2.4 Seychelles Low Speed Electric Vehicle Market Revenues & Volume, By Golf Courses, 2021 - 2031F |
6.2.5 Seychelles Low Speed Electric Vehicle Market Revenues & Volume, By Tourist Destinations, 2021 - 2031F |
6.2.6 Seychelles Low Speed Electric Vehicle Market Revenues & Volume, By Hotels and Resorts, 2021 - 2031F |
7 Seychelles Low Speed Electric Vehicle Market Import-Export Trade Statistics |
7.1 Seychelles Low Speed Electric Vehicle Market Export to Major Countries |
7.2 Seychelles Low Speed Electric Vehicle Market Imports from Major Countries |
8 Seychelles Low Speed Electric Vehicle Market Key Performance Indicators |
8.1 Number of charging stations installed per year |
8.2 Average cost of low-speed electric vehicles compared to traditional vehicles |
8.3 Percentage of total vehicles on the road that are low-speed electric vehicles |
8.4 Average distance driven per charge |
8.5 Level of consumer satisfaction with low-speed electric vehicles |
9 Seychelles Low Speed Electric Vehicle Market - Opportunity Assessment |
9.1 Seychelles Low Speed Electric Vehicle Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Seychelles Low Speed Electric Vehicle Market Opportunity Assessment, By End user, 2021 & 2031F |
10 Seychelles Low Speed Electric Vehicle Market - Competitive Landscape |
10.1 Seychelles Low Speed Electric Vehicle Market Revenue Share, By Companies, 2024 |
10.2 Seychelles Low Speed Electric Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |