In some developing countries, tricycles are the main means of livelihood for many people, who earn income by providing transportation services.

The development of the tricycle industry has also led to the development of related industrial chains, such as battery manufacturing and tire production, contributing to the local economy.

Tricycles have the advantages of flexibility, economy, environmental friendliness, load capacity, adaptability, versatility, and ease of operation and maintenance. These advantages have made tricycles an important means of transportation and economic development tool in many regions.