The Low-Speed Vehicle (LSV) Market is experiencing rapid growth due to technological innovations that are transforming these vehicles into safer, smarter, and more efficient transportation solutions. From advanced battery systems and lightweight materials to smart connectivity features, LSVs are becoming a key component of urban mobility networks. These innovations improve vehicle performance, extend battery life, and offer enhanced safety measures such as collision avoidance systems. As the demand for sustainable, low-emission transportation rises, industry players are investing in R&D to deliver next-generation LSVs that meet both consumer and regulatory expectations. The market's growth is being further accelerated by supportive government policies aimed at promoting eco-friendly transportation options.