SUVs and EVs Drive Transformation in Light Duty Vehicle Market

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2026-06-01 13:08:55 -

Market Overview The Light Duty Vehicle Market is witnessing steady and sustained growth, driven by rising global urbanization, increasing disposable income, and continuous advancements in automotive manufacturing technologies. Light duty vehicles include passenger cars, SUVs, and light commercial vehicles that form the backbone of personal and small-scale commercial transportation worldwide....

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