#E-Scooters Market Share
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1. Au revoir les trottinettes: Paris ban on shared e-scooters takes effect tomorrow
Banned from Paris by popular vote, shared e-scooters will roll for the last time in France's capital on Thursday 31 August, marking the end of five years of their controversial presence. Read more.
2. Tackling Belgium’s drug problem: Legalising cannabis is ‘common sense,’ says Economy Minister
A solution to the drug and security problem in Belgium's bigger cities, such as Brussels and Antwerp, could be legalising the sale and use of cannabis, according to Federal Economy and Employment Minister Pierre-Yves Dermagne. Read more.
3. Cinema tickets for €1 in Brussels and Wallonia in September
From 1-30 September, 21,000 independent cinema tickets will be available for the price of €1 across 34 cinemas in Brussels and Wallonia, as part of this year's edition of J’peux pas, j’ai cinéma. Read more.
4. Will the Belgian property market cool down enough to make buying more affordable?
As interest rates have reached record-high levels, the property market in Belgium has cooled down. The Brussels Times asked Bart van Opstal of the Federation of Notaries what this means for people looking to buy property at the moment. Read more.
5. Harder to trick: New alcohol check procedure to increase chance of being caught
The alcohol breath test procedure currently in place for checks on the road in Belgium will be adapted so that testing is quicker and more efficient for catching offenders. It is expected that the changes will increase the number of people caught. Read more.
6. The price of a healthy life: How to access PrEP in Belgium as an expat
PrEP (pre-exposure prophylaxis) can be a powerful tool in reducing the chances of HIV infection in at-risk groups. When taken as prescribed, it is up to 99% effective at reducing infection. Read more.
7. Open-air party at Rogier denounced as 'a commodification of public space'
The news of a 10-hour marathon electronic dance open-air being organised in the centre of Brussels will be music to the ears of party-goers, but one action group has heavily criticised it. Read more.
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Celebrating India’s EV Journey
Today is World EV Day. The day is observed every year with special awareness campaigns being organized globally to educate people about the benefits of electric vehicles.
While China is the world’s largest EV market, India is the second largest and most promising. Driven by incentives by the Centre and the states, the adoption of EVs is gaining momentum. India’s EV sector is attracting increasing investments in battery technology, charging infrastructure and product options. Some of the biggest brands in the EV space include Tata Nexon in cars, the Mahindra Treo in three-wheelers and Hero Electric and Ola in scooters. In addition, there are a whole lot of startups that are working on various aspects of the EV eco-system.
In this article, Autocar Professional takes you through India’s EV landscape with leaders in the segment commenting on sustainable mobility and a zero-emission future.
Meanwhile, a recent study by Castrol study has highlighted key insights on EV readiness for markets, carmakers, and consumers. Its global survey ‘Switching ON the rEVolution’ covering 10,000 consumers and 100 leaders from car manufacturers in 10 key global markets, including India suggests that 44 percent of consumers surveyed in India are considering an EV for their next vehicle purchase while 55 percent are still considering an ICE vehicle.
Shailesh Chandra, MD, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility
World EV Day is indeed a special day for us, as we look back and reflect on our journey so far. We are proud to lead the EV market in India, with a lion’s share of 88 percent. As early entrants, we have shaped the market and seen it grow with Nexon EV and Tigor EV. We have over 40,000 Tata EVs plying on road. We have also established Tata UniEVerse, a one of its kind EV ecosystem, which is further propelling the EV adoption.
Santosh Iyer, VP-Sales & Marketing, Mercedes-Benz India
Mercedes-Benz Indian has a very aggressive EV roadmap for the Indian market with three new luxury EVs. We pioneered luxury EVs in India with the EQC in 2020, which received good response from the early adopters in the luxury segment. EQC’s acceptability and market success set the ground for other brands to foray into the luxury EV segment.
Suman Mishra, Mahindra Electric Mobility
We celebrate India’s electrification journey. At Mahindra Last Mile Mobility, we are committed to promoting sustainable motoring with zero emission products. I am confident that with our collective efforts, we can enable a green and smarter tomorrow for India.
Warren Harris, CEO, Tata Technologies
Tata Technologies’ vision of Engineering a better world embodies our commitment to providing sustainable solutions especially in the rapidly growing Electric Vehicle Market. The transition to EV is also an opportunity and would also be synonymous with a move to connected vehicles enabled by ADAS and digital customer experience solutions. Tata Technologies offers end-to-end solutions for engineering, manufacturing support, and customer experience solutions for EVs globally. We have developed an elaborate EV ecosystem through alliances and partnerships across the world, including an alliance with MIH Consortium which enables us to leverage the EV ecosystem to deliver best value for our Customers.
Nagesh Basavanhalli, Executive Vice Chairman, Greaves Cotton
Greaves Electric Mobility owned Ampere is one of the fastest growing electric two-wheeler brands in the Country while the company also operates/owns the rapidly growing e-rickshaw brand Ele (Bestway) and the Teja (MLR Auto) range of L5 category three wheelers. Together the portfolio offers a strong value proposition to electrifying the way people and goods move across our country.
Mahesh Babu, CEO, Switch Mobility India, COO, Switch Mobility
To meet India’s global commitment to become Net Zero by 2070, we need to prioritize not just public transport, but public transport with zero tailpipe emissions. Electric buses are clearly the best and obvious solution to accelerate decarbonisation with increasing mass mobility. It is this imperative that guides us at Switch Mobility — to help India attain its ambitious Net Zero target by offering the society with smart, clean mass mobility solutions that are also technologically advanced, safe and comfortable for passengers. Our vision is to transform mass mobility across cities and highways, and bring about a clean revolution in the way people travel. I take the opportunity on World EV Day 2022 to invite partners and people who share the same vision to jointly achieve this critical transition.
Balbir Singh Dhillon, Head of Audi
We have installed 100+ chargers pan-India and 16 high-speed 50kW chargers across our dealerships located across strategic highways within the country. In line with our global plans to be all-electric by 2033, we are aiming to achieve about 15 percent of our India sales from EVs by 2025–2026. It’s time we start to care for the climate. I think the sooner we realise we are responsible for it, the better it is for all.
Read More: https://www.tatatechnologies.com/en/media-center/celebrating-indias-ev-journey/
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Micro-Mobility Charging Infrastructure Market: From $1.5B (2023) to $8.7B (2033), CAGR 19.2%.
Micro-mobility Charging Infrastructure Market focuses on the development and deployment of charging stations and systems that support small, electric transportation modes such as e-scooters, e-bikes, and other personal electric vehicles. These vehicles are gaining popularity as sustainable alternatives for short-distance travel in urban environments. Micro-mobility charging infrastructure includes a range of charging solutions, from public charging stations to smart, wireless charging systems that facilitate the efficient power-up of these devices. The growth of this market is driven by the global push for greener urban transport solutions and the need to support the expanding micro-mobility fleet in cities worldwide.
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The market segments for micro-mobility charging infrastructure include public charging stations, private charging networks, and wireless charging solutions. Additionally, the market is categorized by type, such as AC chargers, DC chargers, and fast chargers, to meet the diverse needs of micro-mobility vehicles. Key trends in this market include the rise of shared mobility services that require extensive charging infrastructure, the integration of smart technologies (e.g., mobile apps and IoT-enabled charging stations), and the adoption of renewable energy sources for powering charging stations. Another emerging trend is the development of ultra-fast charging solutions to reduce downtime and increase the efficiency of micro-mobility fleets.
The key drivers of the micro-mobility charging infrastructure market include the growing adoption of electric scooters and bikes in urban transportation systems, governmental policies promoting green mobility, and the need for efficient, widespread charging networks. With cities striving to reduce traffic congestion and pollution, the demand for accessible and efficient charging infrastructure is rapidly increasing. Leading players in the market include ChargePoint, Blink Charging, Tritium, Shell, and ABB.
#MicroMobility #ElectricVehicles #UrbanTransport #ChargingInfrastructure #SustainableTransport #E-Scooters #E-Bikes #GreenMobility #SmartCharging #WirelessCharging #SharedMobility #FastCharging #IoT #SmartCities #CleanEnergy
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Travel Without Polluting the Environment with Micro mobility
Air pollution is one of the biggest problems which has encircled the whole world. Vehicles have a lot of contributions to add to the air quality, and South Korea is not an exception to this. With the increasing level of air pollution and to save on transportation costs, the country has started looking forward to micro-mobility. And, because of this, the demand for electric scooters will rise at a mammoth rate of around 52%, and reach a value of around $11,179 million by the end of this decade.
Swing, an electric scooter and micro-mobility start-up of South Korea, announced that it has raised a sum of $24 million to spur its evolution and expansion to Japan. White Star Capital led the funding, which also participated in Berlin-based Tier Mobility, and included existing backer Hashed, amongst others. With the capital, Swing raised a total of about $33 million since its beginning in 2019.
CEO of the startup announced that the startup will make use of the proceeds to surge its fleet of micro-mobility and further penetrate the market in Japan. In 2022, Swing will deploy 100,000 e-bikes, e-scooters, and e-mopeds that will have a changeable battery that is substitutable with each other and mount 200 e-charging stations for its own use and for others as alternatives. Swing presently operates a convoy of 35,000 e- vehicles, like e-mopeds and e-scooters.
Apart from its app, the shared micro-mobility startup newly introduced a novel app called Dayrider that permits delivery riders to rent e-scooters or e-mopeds for just a couple of days without the annoyance of charging.
Seoul announced in the month of September that it will have an addition of 62,000 e-motorcycles, including e-mopeds, and install 200,000 other e-charging stations by 2025 in an effort to decrease GHG emissions. Seoul also announced that it would substitute 100% of the total of 35,000 motorcycles used for last-mile delivery with electric motors.
South Korea’s new rules on e-scooter have upset e-scooter companies. Under the amended act, effective from May 2021, e-scooter riders must be 16 years or over, have a valid license, and wear a helmet. If the new regulations are not followed by the people, a fine will be imposed. The e-scooter users must use bike paths and park the electric scooters away from cars and people. In July, Seoul announced that the illegally parked e-scooters will be towed and a penalty will be charged.
In excess of 20 e-scooter rental businesses are presently operational in South Korea, where there is no boundary on the count of companies or fleets that can operate the business in this sector. Industry sources told that consolidation was initiated in the e-scooter business last year. A Berlin-based electric-scooter platform Wind Mobility, which arrived in the country’s market two years ago, wrapped its operations in the capital city last October.
The demand for e-two-wheelers in South Korea increased with the need to decrease the pollution level and the cost of traveling.
Source: P&S Intelligence
#South Korea Micromobility Market Share#South Korea Micromobility Market Size#South Korea Micromobility Market Growth#South Korea Micromobility Market Applications#South Korea Micromobility Market Trends
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The Indian Electric Vehicle Market
The shift to Electric Vehicles (EVs) is happening world-wide - and is moving rapidly in India too. The purchasing power of India’s burgeoning middle class is increasing, and more people are investing in vehicles. With the increasing cost of fossil-fuels in India, the need for EVs is acute here. However, the scarcity of lithium reserves made the Indian market dependent on other countries to charge the EVs, especially China which has control over 80% of the world’s lithium reserves. The ‘Atmanirbhar Bharat’ resolve of the government is pushing research on alternate means of charging EVs. The world is moving away from China in the wake of the COVID pandemic and is looking at India as a global manufacturing hub for EVs, riding on the already existing ecosystem of vehicle manufacture here.
Why EVs?
The major advantage of any EV is the ability to regenerate power, which is very useful in any urban environment which involves frequent braking and acceleration. With fewer moving parts EVs need less maintenance and lower operational costs. With no gears, combustion and mechanical drivetrains they are more convenient to operate. Home charging along with government incentives to EV owners such as Income Tax Deduction claim up to INR 150000 make purchasing an EV a wise decision. Besides, zero emission ensures minimal adverse impact on our health. Already, the number of EVs sold has witnessed quantum jumps, year-on-year since 2016.
The Charging Technology
Economic alternatives to the Li-ion charging have been developed and are ready for commercial use, such as Sodium-ion charging or Aluminium-air technology with abundant reserves available in India. With an impressive cost of manufacture in India, many multinational companies have either started or tied up with Indian companies to manufacture this alternative. Many automobile majors in India have already entered into agreements for use of these alternative charging mechanisms.
Incentivising the manufacture of EVs
In a healthy ecosystem, each state in India is wooing investment in the EV sector with various incentives. The world’s largest Electric Scooter manufacturing facility, OLA. is coming up in Tamil Nadu, and another Electric Scooter brand, Ather, has already started manufacturing here. Major heavy vehicle manufacturers (buses and lorries) are betting big with many state governments shifting their public transport to EVs already.
EV manufacturers, Tata Motors and Mahindra have tied up with an Aluminium-air charger manufacturer to power their EVs. The world’s largest manufacturer of Sodium-ion technology, Faradion, has set up base in India and should start production soon to offer an economic alternative to charge EVs. Major vehicle brands in India – Tata Motors, Hyundai, MG and Mahindra are already offering a line of EVs, and other brands will follow suit. With the expected entirety of vehicle manufacture in India shifting to EVs, the price of EVs will also be attractive as an alternative to fossil-fuelled vehicles. The abundant availability of chargers will make the charging process easy and smooth.
The Infrastructure to Support
The roadmap to EVs as a viable alternative depends on the charging infrastructure available.
“The government is pushing deployment of EV charging stations by providing capital subsidy through Faster Adoption and Manufacturing of Electric Vehicles in India (FAME) India Scheme Phase II and state level initiatives. Further, the government has delicensed the activity of setting up EV charging stations to increase private sector investments and facilitate market adoption” – Bureau of Energy Efficiency, Government of India, Ministry of Power (https://beeindia.gov.in/content/e-mobility).
Under Phase I of FAME India Scheme, 970 charging stations have been installed, and 2877 more EV charging stations across 25 States/UTs have been sanctioned under Phase II. In a big push for the EV sector, the government shared plans to set up at least one EV charging kiosk at each of the 69000 petrol pumps across the country.
No wonder that the Indian Electric Vehicle Market is poised for growth, and many EVs (cars, scooters, 3-wheeled autos, and heavy vehicles such as lorries and buses – many state bus fleets have already completely shifted to EVs) are already on the roads today. Although the sales figures till today leave much scope for growth, the traction the industry is observing today promises phenomenal growth in the coming years.
MELSS provides many electric vehicle test solutions, and has been keeping pace with the fast technology changes in the EV charging space, and brings you an exhaustive range of testing machines from Chroma ATE to test the chargers of EVs. We offer solutions catering to various standards, from AC/DC/CHAdeMO to CCS.
Author: https://www.melss.com/
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Europe Electric Vehicle Market - Opportunity Analysis and Industry Forecast (2022-2029)
Meticulous Research®—a leading global market research company, published a research report titled “Europe Electric Vehicle Market by Vehicle Type (Passenger Vehicle, LCV, HCV, Two-wheeler, e-Scooters & Bikes), Propulsion Type (BEV, FCEV, HEV), Power Output (Less Than 100kW, 100 kW to 250 kW), End Use, Charging Standard, and Country.
The European EV market is expected to record a CAGR of 44.6% during the forecast period 2022–2029. This market is projected to reach USD 1,951.51 billion by 2029 from an estimated USD 147.56 billion in 2022. By volume, this market is expected to reach 53.75 million units by 2029, at a CAGR of 27.0% during the forecast period.
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The growth of this market is attributed to supportive government policies and regulations, rising environmental concerns, and increasing adoption of electric mobility in Europe. The growing adoption of autonomous driving vehicles, increasing adoption of electric vans and trucks for delivery, and increasing shared mobility trends offer lucrative growth opportunities for players operating in this market. However, range anxiety associated with electric vehicles is expected to restrain the growth of this market to some extent. Additionally, the high cost of electric vehicles is a major challenge hampering the growth of this market.
The market is segmented based on vehicle type, propulsion type, power output, charging standard, end use, and country. The study also evaluates industry competitors and analyzes the market at the country level.
Based on vehicle type, the Europe Electric Vehicle Market is segmented into passenger vehicles, light commercial vehicles, heavy commercial vehicles, two-wheelers, and e-scooters & bikes. In 2022, the passenger vehicles segment is expected to account for the largest share of the Europe Electric Vehicle Market. The large market share of this segment is attributed to increasing favorable government policies and subsidies for promoting the adoption of electric vehicles, growing awareness regarding the role of electric vehicles in reducing emissions, increasing fuel prices, and proactive participation by automotive OEMs in producing electric passenger vehicles.
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However, the light commercial vehicles segment is expected to grow at the highest CAGR during the forecast period. The high growth rate is mainly driven by the growing awareness regarding the role of electric vehicles in reducing emissions, increasing demand for electric vehicles to reduce fleet emissions, and stringent government rules and regulations towards vehicle emissions.
Based on propulsion type, the Europe Electric Vehicle Market is segmented into battery electric vehicles, hybrid electric vehicles, and fuel cell electric vehicles. The hybrid electric vehicles segment is further segmented into plug-in hybrid electric vehicles and pure hybrid electric vehicles. In 2022, the hybrid electric vehicles segment is expected to account for the largest share of the Europe Electric Vehicle Market. The large market share of this segment is largely attributed to the increasing need to reduce greenhouse gas emissions, the growing requirement for clean mobility & transportation solutions, and stringent government regulations to limit carbon emissions from conventional vehicles.
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However, the fuel cell electric vehicles segment is expected to grow at the highest CAGR during the forecast period. The high growth rate of this segment is mainly driven by the increasing demand for vehicles with low carbon emissions, strict carbon emission norms, a growing emphasis on the adoption of FCEVs due to advantages such as fast refueling, and increasing government initiatives and investments for advancing fuel cell technology.
Based on power output, the Europe Electric Vehicle Market is segmented into less than 100kW, 100kW to 250kW, and more than 250kW. In 2022, the less than 100 kW segment is expected to account for the largest share of the Europe Electric Vehicle Market. The large market share of this segment is attributed to the increasing adoption of electric scooters and mopeds, increasing investments by government authorities in the development of EV charging infrastructure, and favorable policies, incentives, and subsidies introduced by several state governments.
However, the 100 kW to 250 kW segment is expected to grow at the highest CAGR during the forecast period. The high growth rate of this segment is mainly driven by the increasing adoption of light commercial vehicles such as vans, pick-up trucks, and buses with advanced technologies and power outputs ranging from 100kW to 250kW.
Based on end use, the Europe Electric Vehicle Market is segmented into private use, commercial use, and industrial use. The commercial use segment is further segmented into shared mobility, micromobility, and public transport. In 2022, the private use segment is expected to account for the largest share of the Europe Electric Vehicle Market. The large market share of this segment is attributed to the growing awareness regarding the hazards associated with greenhouse gas emissions and environmental pollution, stringent emission norms, and demand for premium EVs by consumers.
However, the commercial use segment is expected to grow at the highest CAGR during the forecast period. The high growth rate of this segment is mainly driven by the increase in fuel prices and stringent emission norms set by governments, the growing adoption of autonomous delivery vehicles, and the increasing adoption of electric buses and trucks.
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Based on country, Germany is expected to command the largest share of the Europe Electric Vehicle Market in 2022. The German EV market is gradually growing due to increased government initiatives for boosting EV adoption, the rising number of charging stations, and increasing competition in the automobile market.
However, Sweden is expected to record the highest CAGR during the forecast period. Growing consumer interests in adopting EVs over traditional cars, the increasing number of projects undertaken by the companies operating in the electric mobility industry, and growing government support for enhancing EVs' sales across the country are anticipated to drive the growth of this market in the country.
Key Players:
The key players operating in this market are BMW Group (Germany), Volkswagen AG (Germany), AB Volvo (Sweden), Mercedes-Benz Group AG (Germany), Alcraft Motor Company Ltd. (U.K.), Groupe Renault (France), Stellantis N.V. (Netherlands), DAF Trucks N.V. (Netherlands), Iveco S.p.A. (Italy), and Volta Trucks AB (Sweden).
Key Questions Answered in the Report-
Which are the high growth market segments in terms of vehicle type, propulsion type, power output, charging standard, end use, and country?
What is the historical market size for the Europe Electric Vehicle Market across the globe?
What are the market forecasts and estimates for the period 2022–2029?
What are the major drivers, restraints, opportunities, and challenges in the Europe Electric Vehicle Market?
Who are the major players in the market, and what are their market shares?
Who are the major players in various countries?
How is the competitive landscape for the Europe Electric Vehicle Market?
What are the recent developments in the Europe Electric Vehicle Market?
What are the different strategies adopted by the major players in the market?
Which are the high-growth countries in the Europe Electric Vehicle Market?
Who are the local emerging players in the Europe Electric Vehicle Market, and how do they compete with other players?
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Comprehensive Overview of the Electric Scooter Market by Meticulous Research®
Meticulous Research®, a prominent global market research firm, has published a detailed report titled “Electric Scooter Market by Vehicle Type (Electric Motorcycles, E-Kick Scooters & Bikes, Electric Mopeds), Power Output (Less Than 3.6kW, 3.6kW to 7.2kW), Battery Technology, Motor Type, Charging Type, End-user, and Geography - Global Forecast to 2031.” This report outlines significant trends and forecasts for the electric scooter market, projecting it to reach a value of $408.1 billion by 2031, growing at a compound annual growth rate (CAGR) of 21.6% from 2024 to 2031.
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The surge in the electric scooter market is primarily driven by factors such as increased localization of manufacturing in emerging economies, heightened consumer acceptance of electric two-wheelers over traditional internal combustion engine (ICE) models, and a growing preference for electric vehicles in developed regions. However, the market faces challenges, including consumer reliability concerns stemming from accidents involving electric scooters and a lack of investment from legacy manufacturers in electric mobility solutions.
Government initiatives aimed at reducing traffic congestion and environmental pollution are expected to create additional growth opportunities. Conversely, the insufficient charging infrastructure presents a significant hurdle to market expansion.
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Market Segmentation and Analysis
The report segments the electric scooter market into various categories for a nuanced analysis:
Vehicle Type: The market includes electric motorcycles, electric mopeds, and e-kick scooters & bikes. The e-kick scooters & bikes segment is projected to dominate in both value and volume in 2024, driven by increased awareness of sustainability, supportive government policies, and investments from key stakeholders.
Power Output: The market is classified into segments based on power output: less than 3.6 kW, 3.6 kW to 7.2 kW, and 20 kW to 100 kW. The segment for less than 3.6 kW is expected to hold the largest market share, attributed to the rising adoption of e-kick scooters for urban commuting and recreational activities, along with government initiatives promoting their use.
Battery Technology: This segment includes sealed lead-acid, lithium-ion, and lithium-ion polymer batteries. The lithium-ion battery segment is anticipated to capture the largest share in 2024, fueled by the growing popularity of electric and hybrid vehicles and the adoption of battery technology in renewable energy applications.
Motor Type: The market is divided into hub motors and mid-drive motors. Hub motors, which offer flexibility and stability, are expected to dominate the market due to government initiatives supporting electric vehicle adoption.
Charging Type: The charging segment includes connector charging and wireless charging, with connector charging anticipated to lead the market. This is driven by the development of standardized connectors ensuring compatibility and the demand for faster charging solutions.
End User: The end-user market comprises government institutions, academic institutions, businesses, micro-mobility service providers, and individuals. Business organizations are expected to account for the largest share, reflecting governmental efforts to encourage electric vehicle adoption.
Geography: The market is segmented into regions including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific is projected to command the largest market share in 2024, attributed to rising incomes, increasing fuel prices, and governmental initiatives promoting electric mobility.
Key Market Players
Prominent players in the electric scooter market include Fuji-Ta Bicycle Co., Ltd., Yamaha Motor Co., Ltd., Niu Technologies, and Hero MotoCorp Ltd., among others. These companies are pivotal in shaping the industry landscape through innovations and strategic investments aimed at meeting growing consumer demand for electric scooters.
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Ather Energy IPO: Ather Energy will raise Rs 3,100 crore from IPO, will build mega e-scooter factory in Maharashtra
Ather Energy IPO: Electric two-wheeler maker Ather Energy has filed documents with market regulator SEBI to raise funds through an initial public offering. According to the draft prospectus (DRHP), new shares worth Rs 3,100 crore will be issued in the IPO and promoters and investors of the company will sell 2.2 crore shares. Aether has (…)
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Is this new electric unicycle a sidewalk terror or misunderstood machine?
New Post has been published on https://sa7ab.info/2024/08/16/is-this-new-electric-unicycle-a-sidewalk-terror-or-misunderstood-machine/
Is this new electric unicycle a sidewalk terror or misunderstood machine?
Electric unicycles are sparking a heated debate: Are they sidewalk terrors or misunderstood machines? While electric scooters have already raised concerns about safety and public nuisance, electric unicycles seem to take these issues to a whole new level. With their challenging control, these devices appear to be accidents waiting to happen.Would you feel safe sharing a sidewalk with one of these? On the road, the risks multiply as riders struggle to maintain balance and visibility in traffic. As this trend gains traction, the question remains: are we looking at a new wave of personal transportation that puts the public at risk?GET SECURITY ALERTS, EXPERT TIPS – SIGN UP FOR KURT’S NEWSLETTER – THE CYBERGUY REPORT HEREElectric unicycles (EUCs) are gaining popularity as a unique form of personal transportation. Unlike traditional unicycles, these devices are powered by electric motors and are designed to be ridden standing up.One of the latest models, the InMotion E20, promises to be the easiest-to-learn EUC on the market. With its dual-tire design and self-balancing technology, the E20 aims to eliminate the common challenges of learning and falling associated with traditional unicycles.IS IT A 3-WHEELER OR A 2-WHEEL E-SCOOTER? HOW ABOUT BOTHThe InMotion E20 is an electric unicycle that deviates from traditional designs by featuring one wheel and two tires. This unique configuration allows for lateral self-balancing, which significantly reduces the common challenges associated with learning to ride a unicycle. As a result, users can easily mount, dismount and maneuver the E20, often learning to ride it in just three minutes.HOW TO REMOVE YOUR PRIVATE DATA FROM THE INTERNETWHY THIS MULTI-PURPOSE ELECTRIC SCOOTER MIGHT SOON BE COMING TO YOUR NEIGHBORHOODThe E20 is designed to be stable and user-friendly, making it one of the simplest electric unicycles available. It employs a proprietary self-balancing algorithm that maintains both front and rear balance, which helps to minimize the risk of tipping over. Riders can lean forward to accelerate, remain steady while standing still and lean backward to brake.A PEDAL-ELECTRIC HYBRID THAT’S HALF BIKE, HALF CARWith a top speed of up to 12.4 mph, the E20 is capable of tackling various terrains, including urban roads and gentle slopes. Its long-range capability allows for travel of up to 18.6 miles on a single charge, making it suitable for short-distance commuting needs. The company says safety is a priority for InMotion, and the E20 is equipped with over 20 safety features, including automatic shutdown in the event of a fall.The unicycle also includes a high-quality Bluetooth speaker, allowing users to connect their smartphones and enjoy music while riding. Additionally, the E20 offers smart app connectivity, enabling riders to personalize features such as acceleration and braking response.Despite its beginner-friendly design, the E20 is still a robust machine. It weighs 30 pounds and accommodates riders up to 220 pounds. The unit features RGB ambient lighting for added visibility and aesthetic appeal, along with a headlight and a braking taillight for safety. The InMotion E20 is relatively affordable at $399.Despite the advancements in this technology, the inherent instability of electric unicycles raises significant safety concerns. These devices are difficult to control, especially for beginners, and the risk of accidents is high.The E20, for example, boasts a top speed of 12.4 mph, which might seem slow on paper but can feel quite fast for an inexperienced rider. The potential for accidents on sidewalks and roads is considerable, and the consequences can be severe.Would you want to share a sidewalk with someone riding an electric unicycle? The answer for many would be a resounding “no.” These devices’ narrow design and high speeds make them a hazard for pedestrians. On the road, the situation could be even worse. Their small size and instability make them difficult for drivers to see and predict, increasing the risk of collisions.Electric unicycles might be the latest trend in personal transportation, but they bring with them many of the same issues that have plagued electric scooters. The potential for accidents, the difficulty in controlling the devices and the risk to public safety are all significant concerns. While the technology behind models like the InMotion E20 is impressive, it does little to mitigate the inherent dangers of these devices.Electric unicycles represent an interesting evolution in personal transportation, but they also pose significant risks. Their instability and high speeds make them a potential hazard on sidewalks and roads. As this trend continues to grow, it is crucial for both users and the public to be aware of the dangers and take appropriate precautions to ensure that these devices do not become the next big menace on our streets.What are your thoughts on the safety and usability of electric unicycles like the InMotion E20 compared to other personal electric vehicles? ..Follow Kurt on his social channels. .
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New Zealand Micromobility Market is Driven by Favourable Government Regulations
The New Zealand micromobility market is projected to be worth USD 2,395.1 million by 2030, growing at a CAGR of 64.3%.
The growth of the industry is fuelled by the affordable price and convenience of these solutions, favourable government regulations, and increasing need to reduce traffic congestion.
E-scooters has dominated among various vehicle types, this is because it has emerged as the preferred mode of transport for short distance in New Zealand. In addition, one more reason for the development of micromobility market is the launching of e-scooters in the fleet which offer additional comfort over pedal assisted bikes.
Moreover, nowadays people want to move faster and more conveniently, because of this an increasing number of service providers are integrating e-scooters into their fleets which is also benefiting the market.
The dockless category is projected to experience the fastest growth in the New Zealand micromobility market during the forecast period. This is because of the rising number of companies adopting dockless vehicle system as it requires less capital than a docked sharing system.
Additionally, users also find dockless sharing system attracting due to they are cost savings and convenient, some of the features, such as, parking flexibility, are boosting the demand for dockless micromobility options.
The increase in micromobility startups led by the surging demand for last mile connectivity in urban areas. These startups are seeking funds to expand their businesses and compete in the market. Prominent venture capitalists and automotive original equipment manufacturers (OEMs) have recognized the potential of micromobility and have provided significant funding to these startups. As a result, companies’ competition and the launching of the new services to meet the last-mile connectivity demands of consumers.
The growth of the micromobility market in New Zealand has been significant, this is due to the high availability, cost effective and convenient functioning of the services. Moreover, every consumer thinks of cost saving while adopting any service, with micromobility, they need not to buy any vehicles, pay for insurance, bear maintenance, charging, refuelling, parking and any other expenses. This also saves travel time due to its compact and swift nature. Users can also operate from their mobile phone with ease and easily locate, book their preferred micromobility vehicle.
Micromobility has been recognised by the New Zealand government as a practical substitute for conventional intra-city transport networks, particularly during rush hours. The government has promoted the incorporation of micromobility solutions into the transportation ecosystem because it recognises their potential to relieve traffic congestion and have a smaller negative environmental impact. The micromobility market is growing as a result of this support.
The New Zealand micromobility market is witnessing rapid growth driven by the key factors such as affordability, convenience, and government support. E-scooters have become the go-to choose for short-distance travel, while dockless systems offer flexibility and cost effective.
Source: P&S Intelligence
#New Zealand Micromobility Market Share#New Zealand Micromobility Market Size#New Zealand Micromobility Market Growth#New Zealand Micromobility Market Applications#New Zealand Micromobility Market Trends
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Electric Scooter Market is Estimated to Witness High Growth Owing to Popularity of E-Mobility
The electric scooter market has seen a rise in demand owing to various advantages such as low cost of ownership and maintenance, zero emissions, and government support for adoption of electric vehicles. Electric scooters provide an eco-friendly mode of transportation for short commutes and last-mile connectivity. They are versatile, convenient to charge, and save costs associated with fuel. With lithium-ion batteries providing longer range, electric scooters are progressively becoming a viable alternative to conventional vehicles in urban settings.
The Global electric scooter market is estimated to be valued at US$ 30.36 Bn in 2024 and is expected to exhibit a CAGR of 10.% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the electric scooter market are Accenture plc, Hewlett-Packard Company, BAE Systems plc, Tata Consultancy Services Limited, Fujitsu Limited, Lockheed Martin Corporation, Infosys Technologies Limited, Oracle Corporation, Harris Corporation, and IBM Corporation. Growing adoption of green mobility solutions and supportive government policies promoting electric vehicles provide significant opportunities for market expansion. Technological advancements such as improved battery range and reliability, Wi-Fi connectivity, GPS tracking, and smartphone-controlled functions are expected to boost electric scooter adoption over the coming years.
Key opportunities in the electric scooter market include supportive government schemes and incentives for purchasing electric vehicles. Government initiatives to develop e-mobility infrastructure would attract more consumers. Electric scooters also alleviate traffic congestion and reduce pollution making cities more livable. This benefits municipal corporations and citizens alike encouraging wider acceptance and sales. The popularity of shared e-scooter services provides another avenue for market growth.
Technological advancements are enabling higher performance electric scooters. Improved lithium-ion battery technology extends vehicle range on a single charge. New battery chemistries use less precious metals and enable faster charging. Wi-Fi connectivity and smartphone integration enhance rider experience and safety. Technologies like geofencing and speed governors assist with regulatory adherence. Meanwhile, innovations in manufacturing aim to reduce electric scooter costs further and accelerate mass adoption.
Market Drivers
A major driver for the Electric Scooter Market Demand is growing environmental awareness and need to reduce vehicular emissions. With electric scooters causing zero tailpipe pollution, they aid in curbing air pollution levels in crowded urban areas. Governments are actively promoting clean mobility through subsidies, tax rebates and favorable policies for electric vehicles and charging infrastructure. Rising fuel costs additionally make electric alternatives more attractive. Large investors are backing e-scooter startups indicative of bright market potential. The low cost of use compared to owning a car or relying on expensive public transport boosts electric scooter appeal.
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What positive impacts has Tesla had on society and humanity beyond increasing their stock value?
COMMENTARY:
Probably the most significant impact from my perspective in the sex appeal Musk injected into the EV market.
Personally, I’m a plug-in hybrid fan which I can’t afford, just for full disclosure.
Musk changed the perception of EV from the image of golf carts at retirement communities to the Ford 100 pick up truck without the gun racks. In a James Bond kind of way. You know, chain guns behind the running light. You can imagine yourself driving at 125 kmh at night with the lights outcoming home from a party in Argentina. All in a day’s work. That’s essential the sexual motif of the WWE MAGA Conservative hyper-masculinity of the neo-Nazi incel at Charlottesville that’s driving Trump’s polls and the right-wing response to his debate performance.
So, he was able to tap into all those Euro-dollar cash flows Jeffery Epstein was working and the Wall Street hedge fund operations like Bill Ackman and Scooter Braun could funnel a lot of laundered green backs into the latest Tesla ride to go with the latest iPhone and pod-cast studio. And you could do your whole broadcast a couple days in a row and only recharge once at home, The Tesla is still a golf cart in a senior retirement community, but granny can still kick some ass.
As near as I can tell, there is a shole strata of Stanford-Silicon Valley Oligarchs like Musk and Thiel and all the usual usual suspects who have been all in on Trump since the Russian Nazification Oligarchs hacked Clinton’s cyber community and stole her analytics and gave it to Trump so he could game the Electoral College to steal the election from the popular vote. Like what happened in Florida in 2000 with the butterfly ballot. These people, like Musk have been like Wiley C. Cayote having run off a cliff when Trump was unable to steal the 2020 election and the coup attempt failed and are, collectively, trying to to look down. Musk’s EnergyX promotions is a symptom of their panic.
For Musk, the irony is that the sex appeal of the EV he created has spawned about 6 market strata beneath Tesla that undercuts the potential for him actually ever earning the $46 billion executive package his stock holders are hoping create solid ground beneath Wiley E. Cayote to continue to indulge his role as the nemesis of the DEI corporate culture and sustain the white supremacist economics that existed during the Trump administration, Musk created the Cadillac of the EV revolution, in a HumVee kind of way, but there is a Ford Mustang out there getting ready to pounce and Tesla will became as relevant to Gen Z as the Buick.
The thing that scares me is the response of most of the media and too many Democrat Biden votes is that they agree with Musk that Trump’s debate performance put the MAGA universe back on solid ground and that was Biden who had run off the cliff. The difference between the Trump voter and the Biden voter and the woke Biden voter is that, for the woke Biden voter, Musk and his white supremacist colleagues need to continue to not look down.
I don’t know what to say about the media on all sides. but once the Biden voters quite wetting their pants and take comfort from the total lack of panic in the steady as she goes continue to march self-possession of the woke Biden voter, the election will be over and Trump and Bannon will be able to share notes in adjoining cells.
And the war around the Dunbas and the genocide in Gaza will be snuffed out by the United Nations Peace Keepers under the authority of the Dayton Accords. In spite of John Bolton’s attempt to sabotage NATO.
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The Europe Electric Vehicle Market is expected to record a CAGR of 44.6% from 2022 to 2029 to reach USD 1,951.51 billion by 2029 from USD 147.56 billion in 2022.
Meticulous Research®—a leading global market research company, published a research report titled “Europe Electric Vehicle Market by Vehicle Type (Passenger Vehicle, LCV, HCV, Two-wheeler, e-Scooters & Bikes), Propulsion Type (BEV, FCEV, HEV), Power Output (Less Than 100kW, 100 kW to 250 kW), End Use, Charging Standard, and Country.
The European EV market is expected to record a CAGR of 44.6% during the forecast period 2022–2029. This market is projected to reach USD 1,951.51 billion by 2029 from an estimated USD 147.56 billion in 2022. By volume, this market is expected to reach 53.75 million units by 2029, at a CAGR of 27.0% during the forecast period.
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The growth of this market is attributed to supportive government policies and regulations, rising environmental concerns, and increasing adoption of electric mobility in Europe. The growing adoption of autonomous driving vehicles, increasing adoption of electric vans and trucks for delivery, and increasing shared mobility trends offer lucrative growth opportunities for players operating in this market. However, range anxiety associated with electric vehicles is expected to restrain the growth of this market to some extent. Additionally, the high cost of electric vehicles is a major challenge hampering the growth of this market.
The market is segmented based on vehicle type, propulsion type, power output, charging standard, end use, and country. The study also evaluates industry competitors and analyzes the market at the country level.
Based on vehicle type, the Europe Electric Vehicle Market is segmented into passenger vehicles, light commercial vehicles, heavy commercial vehicles, two-wheelers, and e-scooters & bikes. In 2022, the passenger vehicles segment is expected to account for the largest share of the Europe Electric Vehicle Market. The large market share of this segment is attributed to increasing favorable government policies and subsidies for promoting the adoption of electric vehicles, growing awareness regarding the role of electric vehicles in reducing emissions, increasing fuel prices, and proactive participation by automotive OEMs in producing electric passenger vehicles.
Check complete table of contents with list of table and figures: https://www.meticulousresearch.com/product/europe-electric-vehicle-market-5227
However, the light commercial vehicles segment is expected to grow at the highest CAGR during the forecast period. The high growth rate is mainly driven by the growing awareness regarding the role of electric vehicles in reducing emissions, increasing demand for electric vehicles to reduce fleet emissions, and stringent government rules and regulations towards vehicle emissions.
Based on propulsion type, the Europe Electric Vehicle Market is segmented into battery electric vehicles, hybrid electric vehicles, and fuel cell electric vehicles. The hybrid electric vehicles segment is further segmented into plug-in hybrid electric vehicles and pure hybrid electric vehicles. In 2022, the hybrid electric vehicles segment is expected to account for the largest share of the Europe Electric Vehicle Market. The large market share of this segment is largely attributed to the increasing need to reduce greenhouse gas emissions, the growing requirement for clean mobility & transportation solutions, and stringent government regulations to limit carbon emissions from conventional vehicles.
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However, the fuel cell electric vehicles segment is expected to grow at the highest CAGR during the forecast period. The high growth rate of this segment is mainly driven by the increasing demand for vehicles with low carbon emissions, strict carbon emission norms, a growing emphasis on the adoption of FCEVs due to advantages such as fast refueling, and increasing government initiatives and investments for advancing fuel cell technology.
Based on power output, the Europe Electric Vehicle Market is segmented into less than 100kW, 100kW to 250kW, and more than 250kW. In 2022, the less than 100 kW segment is expected to account for the largest share of the Europe Electric Vehicle Market. The large market share of this segment is attributed to the increasing adoption of electric scooters and mopeds, increasing investments by government authorities in the development of EV charging infrastructure, and favorable policies, incentives, and subsidies introduced by several state governments.
However, the 100 kW to 250 kW segment is expected to grow at the highest CAGR during the forecast period. The high growth rate of this segment is mainly driven by the increasing adoption of light commercial vehicles such as vans, pick-up trucks, and buses with advanced technologies and power outputs ranging from 100kW to 250kW.
Based on end use, the Europe Electric Vehicle Market is segmented into private use, commercial use, and industrial use. The commercial use segment is further segmented into shared mobility, micromobility, and public transport. In 2022, the private use segment is expected to account for the largest share of the Europe Electric Vehicle Market. The large market share of this segment is attributed to the growing awareness regarding the hazards associated with greenhouse gas emissions and environmental pollution, stringent emission norms, and demand for premium EVs by consumers.
However, the commercial use segment is expected to grow at the highest CAGR during the forecast period. The high growth rate of this segment is mainly driven by the increase in fuel prices and stringent emission norms set by governments, the growing adoption of autonomous delivery vehicles, and the increasing adoption of electric buses and trucks.
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Based on country, Germany is expected to command the largest share of the Europe Electric Vehicle Market in 2022. The German EV market is gradually growing due to increased government initiatives for boosting EV adoption, the rising number of charging stations, and increasing competition in the automobile market.
However, Sweden is expected to record the highest CAGR during the forecast period. Growing consumer interests in adopting EVs over traditional cars, the increasing number of projects undertaken by the companies operating in the electric mobility industry, and growing government support for enhancing EVs' sales across the country are anticipated to drive the growth of this market in the country.
Key Players:
The key players operating in this market are BMW Group (Germany), Volkswagen AG (Germany), AB Volvo (Sweden), Mercedes-Benz Group AG (Germany), Alcraft Motor Company Ltd. (U.K.), Groupe Renault (France), Stellantis N.V. (Netherlands), DAF Trucks N.V. (Netherlands), Iveco S.p.A. (Italy), and Volta Trucks AB (Sweden).
Key Questions Answered in the Report-
Which are the high growth market segments in terms of vehicle type, propulsion type, power output, charging standard, end use, and country?
What is the historical market size for the Europe Electric Vehicle Market across the globe?
What are the market forecasts and estimates for the period 2022–2029?
What are the major drivers, restraints, opportunities, and challenges in the Europe Electric Vehicle Market?
Who are the major players in the market, and what are their market shares?
Who are the major players in various countries?
How is the competitive landscape for the Europe Electric Vehicle Market?
What are the recent developments in the Europe Electric Vehicle Market?
What are the different strategies adopted by the major players in the market?
Which are the high-growth countries in the Europe Electric Vehicle Market?
Who are the local emerging players in the Europe Electric Vehicle Market, and how do they compete with other players?
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