#E-bike Charging Station market in US 2023

[reasonsforhope]

Green energy is in its heyday. 

Renewable energy sources now account for 22% of the nation’s electricity, and solar has skyrocketed eight times over in the last decade. This spring in California, wind, water, and solar power energy sources exceeded expectations, accounting for an average of 61.5 percent of the state's electricity demand across 52 days. 

But green energy has a lithium problem. Lithium batteries control more than 90% of the global grid battery storage market. 

That’s not just cell phones, laptops, electric toothbrushes, and tools. Scooters, e-bikes, hybrids, and electric vehicles all rely on rechargeable lithium batteries to get going. 

Fortunately, this past week, Natron Energy launched its first-ever commercial-scale production of sodium-ion batteries in the U.S. 

“Sodium-ion batteries offer a unique alternative to lithium-ion, with higher power, faster recharge, longer lifecycle and a completely safe and stable chemistry,” said Colin Wessells — Natron Founder and Co-CEO — at the kick-off event in Michigan. 

The new sodium-ion batteries charge and discharge at rates 10 times faster than lithium-ion, with an estimated lifespan of 50,000 cycles.

Wessells said that using sodium as a primary mineral alternative eliminates industry-wide issues of worker negligence, geopolitical disruption, and the “questionable environmental impacts” inextricably linked to lithium mining. 

“The electrification of our economy is dependent on the development and production of new, innovative energy storage solutions,” Wessells said. 

Why are sodium batteries a better alternative to lithium?

The birth and death cycle of lithium is shadowed in environmental destruction. The process of extracting lithium pollutes the water, air, and soil, and when it’s eventually discarded, the flammable batteries are prone to bursting into flames and burning out in landfills. 

There’s also a human cost. Lithium-ion materials like cobalt and nickel are not only harder to source and procure, but their supply chains are also overwhelmingly attributed to hazardous working conditions and child labor law violations. 

Sodium, on the other hand, is estimated to be 1,000 times more abundant in the earth’s crust than lithium. 

“Unlike lithium, sodium can be produced from an abundant material: salt,” engineer Casey Crownhart wrote ​​in the MIT Technology Review. “Because the raw ingredients are cheap and widely available, there’s potential for sodium-ion batteries to be significantly less expensive than their lithium-ion counterparts if more companies start making more of them.”

What will these batteries be used for?

Right now, Natron has its focus set on AI models and data storage centers, which consume hefty amounts of energy. In 2023, the MIT Technology Review reported that one AI model can emit more than 626,00 pounds of carbon dioxide equivalent. 

“We expect our battery solutions will be used to power the explosive growth in data centers used for Artificial Intelligence,” said Wendell Brooks, co-CEO of Natron. 

“With the start of commercial-scale production here in Michigan, we are well-positioned to capitalize on the growing demand for efficient, safe, and reliable battery energy storage.”

The fast-charging energy alternative also has limitless potential on a consumer level, and Natron is eying telecommunications and EV fast-charging once it begins servicing AI data storage centers in June. 

On a larger scale, sodium-ion batteries could radically change the manufacturing and production sectors — from housing energy to lower electricity costs in warehouses, to charging backup stations and powering electric vehicles, trucks, forklifts, and so on. 

“I founded Natron because we saw climate change as the defining problem of our time,” Wessells said. “We believe batteries have a role to play.”

-via GoodGoodGood, May 3, 2024

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Note: I wanted to make sure this was legit (scientifically and in general), and I'm happy to report that it really is! x, x, x, x

[amey-inkwood]

Top Five E-Bikes Trends to Watch Out in 2024

The development of electric bikes has significantly changed the context of urban travel and enjoyable cycling. These two-wheel marvels, combining the timeless appeal of cycling with the strength of electric assistance, have witnessed an impressive surge in popularity globally. According to Inkwood research, the global e-bike market is expected to grow with an anticipated CAGR of 9.92% during the forecast period.

Many businesses are adopting e-bikes for their activities. One such instance is the effective pilot program that the IKEA store in Delft, The Netherlands, conducted in December 2022 by utilizing a solar-powered cargo e-bike by Sunrider to transport goods to its clients inside the city center. After a favorable assessment, Inter IKEA Systems B.V., the global franchisor of IKEA, has decided to expand, giving IKEA retailers all over the world the chance to integrate a more affordable, accessible, and environmentally friendly substitute for their home delivery fleet in their local markets.

What does the e-bike market have in stock for us? Below are the top five trends in 2024.

Charging E-bikes – are we finally seeing a revolution here?

The development of higher-energy-density batteries has allowed for breakthroughs in battery technology, enabling more storage capacity without increasing the weight of the e-bike. Fast-charging stations, which can recharge the battery in a fraction of the time compared to conventional charging techniques, have also improved the infrastructure for charging. These developments lead to a more efficient and environmentally friendly form of transportation in addition to giving users longer journeys and less downtime.

Solid State Batteries - The way forward

For instance, in July 2023, the Swiss e-bike manufacturer Stromer, in collaboration with their innovation partner TD Hitech Energy, developed an advanced solid-state ceramic battery for the upcoming generation and showcased their first functional prototype battery at Eurobike.  

This raises the following important questions:

What are solid-state batteries specifically?

In what ways will it transform the use and experience of e-bikes?

With almost double the energy storage capacity of lithium-ion batteries and none of the disadvantages associated with liquid components, solid-state batteries represent the next great technological advances. These batteries have longer lifespans, are safer due to lower fire danger, and are more sustainable due to their decreased reliance on cobalt and graphite.

Sustainable and Stylish

Like cars, owning the best-looking e-bikes with the latest features is a status symbol. They are becoming more accessible and fun for a wider range of people thanks to the trend toward lightweight construction. Innovative features like hidden batteries, sleeker motors, and minimalist frames are examples of how designers are combining modern and sleek aesthetics into electric bikes. Also, these fashionable designs have better functionality and user-friendliness in addition to improving their overall appearance. As an eco-friendly and stylish substitute for conventional forms of transportation, e-bikes are becoming more and more popular. 

British automaker Lotus Cars unveiled the Lotus Type 136, the lightest e-bike motor from a high-performance system, in November 2023. It offers genuine dual-use capabilities so riders can travel farther, quicker, and higher. It has a small 193-watt-hour battery that weighs only 300 grams, looks like a water bottle, can be taken apart for charging, and weighs only 9.8 kg when fully loaded.

Booming Applications

E-bikes have emerged as a game-changing alternative, focusing on pollution reduction and traffic congestion. Businesses are playing an important role in determining the future of transportation networks as a result of this cognitive shift. Businesses are not only adopting e-bikes for their operations but also incentivizing employees to use them for commuting. Additionally, some companies are partnering with local governments to establish e-bike-sharing programs, further promoting their use and accessibility. For instance, a French business called Fredo provides a bike-sharing transportation platform to French suburbs. The organization offers a variety of two-wheelers for selection in comparison with popular players.

Moreover, the company has simplified use by eliminating electrical connectors and stations. Instead, Fredo bikes are attached to permanent structures with linked padlocks that can be accessed via a mobile app. Administrators can take control of the fleet via the fleet management software.      

Mobility as a Service Model

The growing popularity of bike-sharing programs and the rise of mobility platforms are driving the shift toward e-bikes as a service. These services allow users to hire e-bikes for short periods, making them more accessible to a broader range of individuals and encouraging the adoption of sustainable mobility solutions. Additionally, this model frequently includes amenities such as easy booking via mobile apps and convenient pick-up and drop-off sites, which improves the entire user experience. For instance, the ride-sharing service Ola Cabs relaunched its bike taxi services in Bengaluru in September 2023, using only its all-electric Ola Electric S1 scooters.

AI-driven Smart E-Bike

The integration of artificial intelligence (AI) into e-bikes opens up a realm of possibilities. As AI continues to advance, e-bikes equipped with intelligent systems can now analyze rider behavior and provide personalized recommendations for optimal performance. Additionally, AI-powered e-bikes can also contribute to a more sustainable future by optimizing energy usage and reducing carbon emissions. With ongoing advancements in AI technology, the future of smart e-bikes holds promise for safer and more efficient transportation options. For instance, at the IFA 2023 global trade fair in Berlin, Acer, a computer hardware manufacturing company, displayed its ground-breaking AI-powered ebii e-bike. The ebii has a revolutionary intelligent vehicle control box that integrates electronics and the battery flawlessly. The ebii uses artificial intelligence to eliminate manual gear changes, sense riding circumstances, and adapt power delivery for a pleasant riding experience. Sensors continuously monitor pedaling power, and the ebiiAssist function learns and adapts assistance based on personal preferences. Acer’s technological integration extends to the ebiiGo app, which gives riders control over services such as recommended routes, battery life, and auto-lock settings.

Thoughts to ride away

The e-bike market is evolving at an unprecedented pace, and 2024 promises to be a ground-breaking year. The sector has the potential for considerable innovation because of developments in battery technology and the rise of smart e-bikes.

[blueweave8]

North America E-Mobility Rental Market Insight, Outlook, 2022-2029

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated North America e-mobility rental market size at USD 1.64 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the North America e-mobility rental market size to grow at a robust CAGR of 14.44% reaching a value of USD 4.83 billion by 2029. Rising environmental awareness and concern have increased demand for electric vehicles (EVs) as a cleaner transportation option. Government programs that encourage EV use, like tax breaks and subsidies, have pushed the market even further. Charging infrastructure advancements have also played an important role in increasing the use of e-mobility services. The ease and cost-effectiveness of renting e-vehicles for short-distance travel have piqued customer interest, adding to the region's market boom.

North America E-Mobility Rental Market – Overview

E-mobility rental refers to the emerging trend of offering electric vehicles (EVs) and electric micro-mobility solutions for short-term rental purposes. This innovative concept aims to promote sustainable transportation options and reduce carbon emissions. Users can access a fleet of electric scooters, bicycles, or cars through smartphone apps or rental stations. E-mobility rental services are gaining popularity in urban areas, offering convenient, eco-friendly, and cost-effective transportation choices for commuters and tourists alike. These services play a crucial role in promoting greener transportation solutions and contributing to the ongoing transition toward a cleaner and more sustainable future.

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Impact of COVID-19 on North America E-Mobility Rental Market

The COVID-19 pandemic significantly impacted North America e-mobility rental market. The initial surge in demand for eco-friendly transportation solutions took a hit as lockdowns and travel restrictions dampened consumer mobility. However, as restrictions eased, the market witnessed a shift toward contactless services, promoting the adoption of e-scooters and e-bikes for short-distance commuting. Growing environmental concerns and government incentives for green initiatives have also accelerated the recovery of the e-mobility rental sector. With safety and sustainability taking center stage, stakeholders are adapting strategies to cater to the evolving needs of health-conscious and environmentally aware consumers.

North America E-Mobility Rental Market – By Commuting Pattern

By commuting pattern, North America e-mobility rental market is divided into Daily Commuting, Last-mile Connectivity, and Occasional Commuting segments. The daily commuting segment is the largest contributor to the growth of North America e-mobility rental market. The segment caters to individuals who regularly commute to work or other daily activities using e-mobility rental services. With a focus on providing convenient and eco-friendly transportation options for everyday travel needs, the daily commuting segment has gained significant popularity and represents a substantial portion of the overall e-mobility rental market in North America.

Competitive Landscape

North America e-mobility rental market is fiercely competitive. Major companies in the market include Neutron Holdings, Bird Rides, Uber Technologies, Grab Holdings, Donkey Republic Aps, TIER Mobility, and Lyft. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in North America e-mobility rental market.

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[versatile-blogger-1]

Global E-Bike Charging Station Market Is Estimated To Witness High Growth Owing To Increasing Adoption Of E-Bikes

A) Market Overview: E-Bike Charging Stations are specialized facilities designed to charge electric bicycles. These stations provide a convenient and efficient way for e-bike users to recharge their batteries, ensuring that they have sufficient power for their journeys. E-bike charging stations play a crucial role in supporting the growing market for electric bicycles, as they address the need for convenient charging infrastructure. The advantages of e-bike charging stations include faster charging times compared to traditional outlets, easy accessibility, and the ability to provide charging services for multiple e-bikes simultaneously. The global E-Bike Charging Station Market is estimated to be valued at USD 2754.6 Mn in 2022 and is expected to exhibit a CAGR of 4.16% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. B) Market Key Trends: One key trend driving the growth of the global E-Bike Charging Station Market Share is the increasing adoption of e-bikes worldwide. E-bikes are gaining popularity due to their numerous benefits, such as eco-friendliness, cost-effectiveness, and ease of use. This trend is fueled by the growing concern for environmental sustainability, rising fuel prices, and the need for convenient and affordable transportation options. For instance, in Europe, e-bikes are widely used for commuting purposes, especially in urban areas where traffic congestion is a significant issue. The increasing adoption of e-bikes creates a favorable market environment for the growth of e-bike charging stations. An example of this trend can be seen in the city of Amsterdam in the Netherlands. Amsterdam is known for its strong cycling culture, and e-bikes have become a popular mode of transportation among its residents. The city has invested in a comprehensive network of e-bike charging stations, making it easier for e-bike users to charge their bikes and travel around the city conveniently. C) PEST Analysis: Political: The government policies and regulations related to electric vehicles and sustainable transportation play a crucial role in shaping the market for e-bike charging stations. Governments across the globe are actively promoting the adoption of electric vehicles as part of their efforts to reduce carbon emissions and combat climate change. These policies include incentives for purchasing electric bikes and the development of charging infrastructure. Economic: The economic factors influencing the growth of the E-Bike Charging Station Market include the cost of e-bikes and the cost of setting up and operating charging stations. The affordability of e-bikes and the availability of charging infrastructure at reasonable costs are essential drivers for market growth. Social: The growing awareness among individuals about the need for sustainable transportation and the benefits of e-bikes is driving the demand for e-bike charging stations. The increasing focus on health and fitness, along with the desire for greener transportation options, is leading to the popularity of e-bikes. Technological: Technological advancements in e-bike batteries and charging technology are enabling faster and more efficient charging solutions. These advancements are driving the demand for advanced e-bike charging stations that can provide quick charging capabilities and accommodate various types of e-bike batteries. Key players operating in the global E-Bike Charging Station Market include Amezeus (HFS Group), Ather Energy, Bikeep, cycle works, EV Motors India Pvt. Ltd, Robert Bosch GmbH, RTL Group, Spelsberg, swiftmile, and Zoov. These companies are actively involved in developing innovative charging solutions and expanding their network of charging stations to meet the growing demand for e-bike charging infrastructure.

[shradhacmi]

Global E-Bike Charging Station Market Is Estimated To Witness High Growth Owing To the Increasing Adoption of E-Bikes and Government Initiatives for Promoting Electric Mobility

The global E-Bike Charging Station Market is estimated to be valued at US$ 2754.7 million in 2022 and is expected to exhibit a CAGR of 4.16% over the forecast period of 2023-2030, as highlighted in a new report published by Coherent Market Insights. A) Market Overview: E-bike charging stations are infrastructure facilities that enable electric bike users to recharge their vehicle batteries. These charging stations can be found at various locations such as public places, residential buildings, offices, and commercial areas. The market for e-bike charging stations is driven by the increasing adoption of e-bikes as a sustainable mode of transportation and the initiatives taken by governments worldwide to promote electric mobility. E-bikes are gaining popularity due to their environmental benefits, cost-effectiveness, and ease of use. B) Market Dynamics: Driver 1: Increasing adoption of e-bikes The demand for e-bikes is witnessing significant growth globally due to the increasing awareness of environmental sustainability and health benefits. E-bikes offer a convenient and eco-friendly alternative to conventional bicycles and gas-powered vehicles. They provide an assisted pedaling experience, making them suitable for people of all age groups and fitness levels. Moreover, e-bikes are cost-effective and require minimal maintenance compared to traditional vehicles. Driver 2: Government initiatives for promoting electric mobility Governments worldwide are focusing on reducing carbon emissions and promoting sustainable transportation options. They are incentivizing the adoption of electric vehicles, including e-bikes, by offering subsidies, tax credits, and infrastructure development support. Various countries have implemented policies mandating the establishment of e-bike charging stations in public and commercial spaces. For instance, the Indian government launched the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme, which provides subsidies for the purchase of e-bikes and the installation of charging stations. C) SWOT Analysis: Strength: 1. Increasing awareness of sustainable transportation 2. Government support and initiatives Weakness: 1. Limited charging infrastructure in some regions 2. High initial investment costs Opportunity: 1. Growing urbanization and need for last-mile connectivity solutions 2. Technological advancements in battery and charging technologies Threats: 1. Competition from traditional bicycles and gas-powered vehicles 2. Regulatory challenges and policies favoring other modes of transportation D) Key Takeaways: The global E-Bike Charging Station Market is expected to witness high growth, exhibiting a CAGR of 4.16% over the forecast period. This growth can be attributed to the increasing adoption of e-bikes and the government initiatives promoting electric mobility. Regional analysis reveals that Asia Pacific is the fastest-growing and dominating region in the e-bike charging station market. Countries like China, India, and Japan have a large consumer base for e-bikes and have implemented supportive policies and infrastructure for their adoption. Key players operating in the global e-bike charging station market include Amezeus (HFS Group), Ather Energy, Bikeep, Cycle Works, EV Motors India Pvt. Ltd, Robert Bosch GmbH, RTL Group, Spelsberg, Swiftmile, and Zoov. These companies are focusing on expanding their charging station networks, developing innovative charging solutions, and collaborating with governments and other stakeholders to promote e-mobility. In conclusion, the global e-bike charging station market is poised for significant growth due to the increasing adoption of e-bikes and government initiatives promoting electric mobility. The market offers opportunities for players to expand their charging infrastructure networks and develop advanced charging solutions to meet the growing demand for e-bikes.

[priyanshisingh]

Europe Electric Two-Wheeler Market Analysis Demand, Statistics, Top Manufacturers, Revenue by Reports and Insights 2030

The latest market report published by Credence Research, Inc. “Global Europe Electric Two-Wheeler Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028. The global Europe Electric Two-Wheeler Market has witnessed steady growth in recent years and is expected to continue growing at a CAGR of 24.20% between 2023 and 2030. The market was valued at USD 18.9 Billion in 2022 and is expected to reach USD 86.1 Billion in 2030.

Europe electric two-wheeler market is experiencing significant growth, driven by the adoption of regulations to encourage the use of electric bicycles and rising interest in cycling as a recreational and fitness activity. The market is segmented based on vehicle type, power output, battery technology, motor type, charging type, and region. E-scooters and bikes are the major contributors to the market, while the 6 kW to 7.2 kW and less than 3.6 kW power output categories are prominent. Lithium-ion batteries are widely used, and the hub motor segment is expected to grow rapidly. Germany leads the market growth. However, challenges such as insufficient charging infrastructure and high battery costs need to be addressed.

Nonetheless, the Europe electric two-wheeler market offers substantial growth opportunities, including high growth potential in the Asia Pacific region and increasing acceptance of electric two-wheelers in educational settings. The market also benefits from the growing demand for last-mile delivery services in the shipping and logistics industry.

Primary Forces Driving the Europe Electric Two-Wheeler Market

The adoption of regulations to encourage the use of electric bicycles, as well as rising interest in cycling as a recreational and fitness activity, are the primary forces driving the Europe electric two-wheeler market. Governments across the region are implementing policies and incentives to promote the adoption of electric two-wheelers as a means of reducing carbon emissions. At the same time, consumers are increasingly recognizing the health and environmental benefits of cycling, leading to a surge in demand for electric bikes.

Browse 250 pages report Europe Electric Two-Wheeler Market By Vehicle Type (Electric Motorcycle, E-scooters & Bikes) By Power Output (Less than 3.6 kW, 6 kW to 7.2 kW, 20 kW to 100 kW) -Growth, Future Prospects & Competitive Analysis, 2016 – 2030)- https://www.credenceresearch.com/report/europe-electric-two-wheeler-market

Major Obstacles Facing the Europe Electric Two-Wheeler Market

The Europe electric two-wheeler market faces significant challenges, including insufficient charging infrastructure and high battery costs. The availability of charging stations is critical for the widespread adoption of electric two-wheelers, and the current infrastructure is not yet adequate to meet the growing demand. Additionally, the cost of batteries remains relatively high, which affects the affordability and price competitiveness of electric two-wheeler.

Europe Electric Two-Wheeler Market Key Growth Trends: In recent years, the Europe electric two-wheeler market has witnessed a remarkable surge in demand, driven by various key growth trends. One of the most significant factors contributing to this upward trajectory is the increasing awareness among consumers regarding environmental concerns and the need for sustainable transportation options. The growing focus on reducing carbon emissions has led individuals to seek alternative modes of travel, with electric two-wheelers emerging as an appealing choice. Additionally, governments across several European countries have introduced favorable regulations and incentives to promote the adoption of electric vehicles. These measures include subsidies, tax benefits, and dedicated charging infrastructure development programs that have further fueled the demand for electric two-wheelers in Europe.

Why to Buy This Report-

The report provides a qualitative as well as quantitative analysis of the global Europe Electric Two-Wheeler Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projection period 2022-2028.

The report includes information on the competitive landscape, such as how the market's top competitors operate at the global, regional, and country levels.

Major nations in each region with their import/export statistics

The global Europe Electric Two-Wheeler Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major players analysis, market growth strategies, and key application areas.

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[officialsanchita6]

Introducing top 5 best selling Electric bikes in West Bengal (India):-

Here the top 5 best selling electric bikes:

1. Revolt RV400:

When you turn the ignition on, the Revolt RV400 seems to be a typical sports commuter motorcycle yet makes no noise. Because it is an electronic bike, that is. With a 4kW electric motor producing 170Nm of power, the Revolt RV400 is capable of a high speed of 85 km/h and a riding distance of up to 150 km each charge. The bike has a 3.24kW detachable battery that charges quickly—less than 5 hours—inside residences. It includes disc brakes on both sides for safety.

Due to the set payment of more than $3,000 per month to the corporation, purchasing a Revolt RV 400 will appear more affordable. In the market, the entire price is far over Rs 1,40,000.

2. Komaki Ranger 2023:

There is just the Komaki Ranger electric cruiser if you love riding bullet bikes and want an electric version of the same. This electric bike boasts one of the largest 4.5kW batteries in its class of electric two-wheelers, with a range of 180–220 miles on a full charge. The vehicle's max speed is also between 70 and 80 kph. A mobile charging station, a full Bluetooth radio system, reverse mode, adjustable rear suspension, and dual exhausts with flame and sound effects are just a few of the incredible features the Komaki Ranger offers. The two colours available are Jet Black and Garnet Red.

3. RISE:

The RISE is an electric motorcycle in the Indian market with best features. It is built with several functions, including a side stand, a combi braking system, LED light  etc. It has a powerful design. The battery pack that powers the 2000 Watt motor that can reach high speeds of up to 70kmph.. The battery must be charged for around 4.5 hours.  It has a range of up to 100-110km in slow speed. There are some additional features of RISE are- i) seat length 780mm, ii) start/stop function, iii) DRL, iv) 72V 10Amp charger, v) 60V and 72V waterproof controller etc. Get more information(https://deedavmotors.com/)

4. Joy E-Bike Monster :

The Joy E-Bike Monster is a little electric bike with reasonable features for its size. It has a 72V lithium-ion battery at the outset that has a 95km range on a single charge. A unique characteristic of the Joy E-Bike is its mono-shock suspension system, which ensures steady and comfortable bike handling over difficult terrain. Using a portable charger, the battery may be charged from empty to full in 5 to 5.5 hours. For the bike to be fully charged, only 3.3 units of electricity are required. The three available hues are red, black, and white.

5. Cyborg Bob :

The Ignitron Motocorp-released Cyborg Bob e-bike is an electric motorcycle developed in India that is aimed at youths and young adults. A 2.88 kWh lithium-ion detachable battery powers this motorbike with top speeds of 85 km/hr, according to the manufacturer. With a 15 Amp home charger, this battery can be charged from empty to 80 percent in three hours and can give the bike a 110 km range on a single full charge. However, using the same charger, it will take 4 to 5 hours for a full charge.Apart from that, the Bob e-bike has an IP67-certified LED display on the front which provides the rider with various stats such as the battery remaining, time, and more. It can be used to control the bike settings as well.

Ignitron Motocorp has priced the Cyborg Bob-e bike at an ex-showroom price of Rs 1,14,999.

[blueweavelaltusinha]

Light Electric Vehicles Market Trends, Analysis, Forecast 2022-2029

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated global light electric vehicles market size at USD 77.52 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects global light electric vehicles market size to grow at a significant CAGR of 9.1% reaching a value of USD 141.79 billion by 2029. Major growth factors of global light electric vehicles market include increasing demand from recreational and commercial purposes, government incentives and subsidies, and advancements in the renewable energy industry. The advancements of battery and electric motor technology, as well as government efforts to limit pollution in metropolitan areas, have raised demand for LEVs throughout the years. The rapid deployment of charging stations around the world has raised demand for LEVs, such as e-bikes, e-scooters, e-motorcycles, and neighborhood electric vehicles (golf carts/others). Technical advancements in EV batteries and other EV technologies have enabled high-power engines to be used in electric ATVs and UTVs for off-roading (comparable to their ICE counterparts). In the coming years, demand for electric ATVs and UTVs will shift. However, limited range and high initial ownership cost is anticipated to restrain the overall market growth.

Global Light Electric Vehicles Market – Overview

An electric vehicle is a vehicle powered by one or more electric motors. It can be powered by a collector system or by a battery on its own (sometimes charged with solar panels, or by converting fuel to electricity using fuel cells or a generator). Surface and underwater watercraft, road and rail vehicles, electric aero planes, and electric spaceships are all examples of EVs. EVs first debuted a long time ago, when electricity was one of the favored methods of motor vehicle propulsion, providing a level of comfort and convenience of operation that gasoline automobiles of the time couldn't match. Furthermore, internal combustion engines dominated automotive and truck propulsion, but electric power remained common in trains and smaller vehicles of all sorts. Electric vehicles are either powered by a collector system, which collects electricity from charging station deployments, or by self-charging equipment such as turbochargers, regenerative braking systems, and other similar devices.

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Impact of COVID-19 on Global Light Electric Vehicles Market

COVID-19 had a detrimental impact on the market for light electric vehicles. One of the first casualties of the economic slump has been declining global crude oil prices. Low gasoline prices harm the economic viability of EV adoption in comparison to combustion vehicles, particularly in countries with limited EV fiscal incentives. If global oil prices remain at current levels, the significantly higher total cost of ownership for EVs may stymie the transition. Disruptions in the supply chain pose an additional serious danger to EV adoption. China is the most important supplier of EV manufacturing ecosystem components. In such a case, the transition path will differ from country to country, based on each country's ability to build an indigenous supply chain within a given timescale. However, post COVID-19 global light vehicle market has experienced exponential growth as a result of government financial and promotional backing, as well as the emergence of an eco-friendly environment.

Global Light Electric Vehicles Market – By Power Output

Based on power output, global light electric vehicles market is divided into Less than 6 kW, ­6–9 kW, and 9–15 kW. In the light electric car market in 2022, the segment with less than 6 kW had the highest revenue share. The rising demand for LEVs with compact seating capacity for personal commuting and shared mobility applications is expected to enhance sales of electric scooters and electric cycles with low power (less than 6 kW). Because of the high demand, Chinese producers send these low-power LEVs to North America and Europe at significantly lower prices.

Competitive Landscape

Major players operating in global light electric vehicles market include Accelerated Systems Inc., Addax Motors, Aisin Corporation, Alke, American Landmaster, Ari Motors, Auro Robotics, Auto Rennen India, Balkancar Record, BMW Ag, Borgwarner Inc., Byd Auto Co. Ltd., Cfmoto, Club Car Inc., Columbia Vehicle Group Inc., Continental Ag, Crossfire Motorcycles, and Crystalyte Motors. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

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[electronicbikes]

INDIA E-VEHICLES ARE MORE IN DEMAND JUST DOUBLED THAN IN PREVIOUS YEARS

It is the way people around the world are doing their part to protect the environment that is making headlines. India is one of the pioneers in reducing their carbon footprint. The country made a pivotal decision to go completely electric by 2023.

This decision has led to quite a few players entering the electric vehicle market in the past few years. According to a State of heavy industries report, the number of registered EVs has increased in the past three years. The number of electric vehicles grew to 143,358 units in 2017-18. In 2018-19, it rose by 167,041 units.

India has been producing electric vehicles in general. In fact, there are a lot of electric buses, two-wheelers, three-wheelers and three-wheelers on the roads. FAME India, which seeks to lower the cost of electric cars compared to ICE vehicles, has provided significant incentives that have led to a surge in electric vehicle manufacturing.

The government of India has taken additional steps to promote electric vehicles, reducing GST from 18% - 5%, in addition to the FAME India program incentives. All these measures are being implemented. The government also granted an exemption from permits to all-electric vehicle owners who use ethanol or methanol-powered batteries.

India is the country with the highest number of youths. This is why they make up a large portion of the market. The Ministry of Road Transport and Highways decided to issue licenses to children between 16 and 18 years old to increase the popularity of e-scooters and bikes. With all of these efforts, it is easy to see why the government is trying to encourage more people to use electric transport.

It's refreshing to see so many people coming together to help India realize its dream of moving entirely to electric transport. People can save money on fuel and pollution by switching to electric cars.

The popularity of electric cars has been boosted by all the government's reforms and programs. This is why there has been such a strong market for them in the past three years. The demand for electric cars is expected to increase by a third in the next three years, compared to the last three years.

After all the important stuff is taken care off, it's time to think about charging stations that will allow people to charge their electric cars. To ensure there are enough charging points to support the production of electric cars, the government is making changes.

Electric vehicles are in high demand today because of the many benefits they offer to the environment and people. Even the most prominent automotive players are slowly but surely stepping up to produce electric vehicles that deliver optimal results on-road as well as off-road.

Birla E Bikes is a key player in the electric vehicle market. They are releasing revolutionary electric two-wheelers which are changing how people see electric vehicles.

 e bikes , 

[atomicdinosaurdonut]

Hybrid System in Automotive Market Revenue | Synopsis and Highlights, Key Findings, Major Companies Analysis and Forecast to 2023

Market Synopsis:

The global Hybrid System in Automotive Market Revenue could touch the valuation of USD 256 billion by 2023, estimates Market Revenue Research Future (MRFR). The Market Revenue is expected to achieve a CAGR of 11.25% during the forecast period (2017-2023).

Market Boosters and Key Barriers

Factors working in favor of the global Hybrid System in Automotive Market Revenue include strict regulations striving to curb carbon emission and rising Market Revenue of electric vehicles. The surge in fuel prices could also boost Market Revenue demand. The soaring demand for electric vehicle is predicted to be an important factor that could elevate the Market Revenue position the world over.

The Automobile Association of America (AAA) reveals that although gas prices have declined in recent years, the eagerness to buy electric cars still remains the same among consumers. As a result, demand for electric car is poised to surge in the coming years. Few reports say that over 30 million Americans are expected to buy electric car in the next few years. This trend has gained momentum with the support of compliance and commitment among people towards environmental issues as well as carbon reduction. The mounting Market Revenue of hybrid electric vehicles are bound to stimulate growth of Hybrid System in Automotive Market Revenue in the given timeframe.

A number of government initiative are aimed at reducing hazardous emission, which results in business growth. Also, rising fuel prices does wonders for the Hybrid System in Automotive Market Revenue . A massive pool of population now prefers electric vehicles, with e-bikes gaining considerable traction among consumers. This increase in preference for electric vehicles could elevate the use of hybrid systems in the years to come.

Browse Report - https://www.marketresearchfuture.com/reports/hybrid-system-automotive-market-5100

Market Segmentation

The worldwide Hybrid System in Automotive Market Revenue has been segregated depending on type, component, battery type, and electric vehicle type.

With respect to the system type, the Market Revenue covers start-stop, regenerative braking, EV drive and others. The regenerative braking segment could seize the largest share of the Market Revenue in the following years as it helps bring down the fuel consumption and also raises the car efficiency by 10-25%. The high fuel efficiency is estimated to play an important role in the segmental growth in the near future.

Component-wise, the Market Revenue is considered for battery, DC/DC converter, DC/AC inverter, and eMotor. The battery segment is touted to lead the Market Revenue during the evaluation period since the battery si the main component in electric vehicles. Battery helps store power used for driving the electric vehicle. This storage capability is seen as an appealing quality that could help elevate teh demand for hybrid system in the ensuing years.

In terms of battery type, the Market Revenue is split into Li-Ion, lead acid, and others. Between these, Li-ion battery is expected to garner the highest CAGR in the years ahead. Li-ion battery technology, at present, has a broad range of applications, both in the consumer Market Revenue and industrial applications including electronic devices such as laptops, tablets and mobile phones, electric vehicles and hybrid-electric vehicles, among others. At present, the most popular battery technology is lithium-ion battery as compared to other types of battery, lithium-ion batteries possess superior power density, energy, and enhanced cycling ability.

The types of vehicles covered by the report include passenger car and commercial car. Digitization coupled with surging infrastructural spending could help augment demand for commercial vehicles in subsequent years.

Regional Insight

The Hybrid System in Automotive Market Revenue is primarily concentrated in the key regions of Asia Pacific (APAC), North America, Europe, and Rest of the World (RoW).

APAC covers the most substantial portion of the worldwide Market Revenue, with Europe and North America landing the second and third position, respectively. The Hybrid System in Automotive Market Revenue in APAC is thriving backed by the increasing Market Revenue of electric vehicles as well as the surge in fuel. In the region, China has emerged as the most profitable Market Revenue for hybrid system in automation, given the high production rate. For instance, the country had produced close to 40% of total electric vehicles in 2016. Stealing the limelight from the United States (U.S.), China has soared as the most attractive Market Revenue for hybrid systems in automotive in past couple of years. China has managed to elevate its industry leadership by garnering considerable revenues across every scope of the supply aspect of the hybrid system.

Significant Players

Some significant vendors in the worldwide Hybrid System in Automotive Market Revenue include Denso (Japan), Magna International (Canada), ZF (Germany), Johnson Controls (US), Hitachi Automotive (U.S.), Bosch (Germany), GKN (U.K), Schaeffler (Germany), Valeo (France), Infineon (Germany), Continental (Germany), to name a few.

Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/5100

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Media Contact

Company Name: Market Research Future Contact Person: Abhishek Sawant Email: Send Email Phone: +1 646 845 9312 Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar City: Pune State: Maharashtra Country: India Website: https://www.marketresearchfuture.com/

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North America E-Mobility Rental Market Demand, Share, Report 2022-2029

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated North America e-mobility rental market size at USD 1.64 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the North America e-mobility rental market size to grow at a robust CAGR of 14.44% reaching a value of USD 4.83 billion by 2029. Rising environmental awareness and concern have increased demand for electric vehicles (EVs) as a cleaner transportation option. Government programs that encourage EV use, like tax breaks and subsidies, have pushed the market even further. Charging infrastructure advancements have also played an important role in increasing the use of e-mobility services. The ease and cost-effectiveness of renting e-vehicles for short-distance travel have piqued customer interest, adding to the region's market boom.

North America E-Mobility Rental Market – Overview

E-mobility rental refers to the emerging trend of offering electric vehicles (EVs) and electric micro-mobility solutions for short-term rental purposes. This innovative concept aims to promote sustainable transportation options and reduce carbon emissions. Users can access a fleet of electric scooters, bicycles, or cars through smartphone apps or rental stations. E-mobility rental services are gaining popularity in urban areas, offering convenient, eco-friendly, and cost-effective transportation choices for commuters and tourists alike. These services play a crucial role in promoting greener transportation solutions and contributing to the ongoing transition toward a cleaner and more sustainable future.

Sample Request @ https://www.blueweaveconsulting.com/report/north-america-e-mobility-rental-market/report-sample

Impact of COVID-19 on North America E-Mobility Rental Market

The COVID-19 pandemic significantly impacted North America e-mobility rental market. The initial surge in demand for eco-friendly transportation solutions took a hit as lockdowns and travel restrictions dampened consumer mobility. However, as restrictions eased, the market witnessed a shift toward contactless services, promoting the adoption of e-scooters and e-bikes for short-distance commuting. Growing environmental concerns and government incentives for green initiatives have also accelerated the recovery of the e-mobility rental sector. With safety and sustainability taking center stage, stakeholders are adapting strategies to cater to the evolving needs of health-conscious and environmentally aware consumers.

North America E-Mobility Rental Market – By Commuting Pattern

By commuting pattern, North America e-mobility rental market is divided into Daily Commuting, Last-mile Connectivity, and Occasional Commuting segments. The daily commuting segment is the largest contributor to the growth of North America e-mobility rental market. The segment caters to individuals who regularly commute to work or other daily activities using e-mobility rental services. With a focus on providing convenient and eco-friendly transportation options for everyday travel needs, the daily commuting segment has gained significant popularity and represents a substantial portion of the overall e-mobility rental market in North America.

Competitive Landscape

North America e-mobility rental market is fiercely competitive. Major companies in the market include Neutron Holdings, Bird Rides, Uber Technologies, Grab Holdings, Donkey Republic Aps, TIER Mobility, and Lyft. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in North America e-mobility rental market.

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[atomicdinosaurdonut]

Hybrid System in Automotive Industry | Global Development, Demand, Growth Analysis, Key Findings and Forecast-2023

Market Synopsis:

The global Hybrid System in Automotive Industry could touch the valuation of USD 256 billion by 2023, estimates Market Research Future (MRFR). The market is expected to achieve a CAGR of 11.25% during the forecast period (2017-2023).

Market Boosters and Key Barriers

Factors working in favor of the global Hybrid System in Automotive Industry include strict regulations striving to curb carbon emission and rising sales of electric vehicles. The surge in fuel prices could also boost market demand. The soaring demand for electric vehicle is predicted to be an important factor that could elevate the market position the world over.

The Automobile Association of America (AAA) reveals that although gas prices have declined in recent years, the eagerness to buy electric cars still remains the same among consumers. As a result, demand for electric car is poised to surge in the coming years. Few reports say that over 30 million Americans are expected to buy electric car in the next few years. This trend has gained momentum with the support of compliance and commitment among people towards environmental issues as well as carbon reduction. The mounting sales of hybrid electric vehicles are bound to stimulate growth of Hybrid System in Automotive Industry in the given timeframe.

A number of government initiative are aimed at reducing hazardous emission, which results in business growth. Also, rising fuel prices does wonders for the Hybrid System in Automotive Industry . A massive pool of population now prefers electric vehicles, with e-bikes gaining considerable traction among consumers. This increase in preference for electric vehicles could elevate the use of hybrid systems in the years to come.

Browse Report @ https://www.marketresearchfuture.com/reports/hybrid-system-automotive-market-5100

Market Segmentation

The worldwide Hybrid System in Automotive Industry has been segregated depending on type, component, battery type, and electric vehicle type.

With respect to the system type, the market covers start-stop, regenerative braking, EV drive and others. The regenerative braking segment could seize the largest share of the market in the following years as it helps bring down the fuel consumption and also raises the car efficiency by 10-25%. The high fuel efficiency is estimated to play an important role in the segmental growth in the near future.

Component-wise, the market is considered for battery, DC/DC converter, DC/AC inverter, and eMotor. The battery segment is touted to lead the market during the evaluation period since the battery si the main component in electric vehicles. Battery helps store power used for driving the electric vehicle. This storage capability is seen as an appealing quality that could help elevate teh demand for hybrid system in the ensuing years.

In terms of battery type, the market is split into Li-Ion, lead acid, and others. Between these, Li-ion battery is expected to garner the highest CAGR in the years ahead. Li-ion battery technology, at present, has a broad range of applications, both in the consumer market and industrial applications including electronic devices such as laptops, tablets and mobile phones, electric vehicles and hybrid-electric vehicles, among others. At present, the most popular battery technology is lithium-ion battery as compared to other types of battery, lithium-ion batteries possess superior power density, energy, and enhanced cycling ability.

The types of vehicles covered by the report include passenger car and commercial car. Digitization coupled with surging infrastructural spending could help augment demand for commercial vehicles in subsequent years.

Regional Insight

The Hybrid System in Automotive Industry is primarily concentrated in the key regions of Asia Pacific (APAC), North America, Europe, and Rest of the World (RoW).

APAC covers the most substantial portion of the worldwide market, with Europe and North America landing the second and third position, respectively. The Hybrid System in Automotive Industry in APAC is thriving backed by the increasing sales of electric vehicles as well as the surge in fuel. In the region, China has emerged as the most profitable market for hybrid system in automation, given the high production rate. For instance, the country had produced close to 40% of total electric vehicles in 2016. Stealing the limelight from the United States (U.S.), China has soared as the most attractive market for hybrid systems in automotive in past couple of years. China has managed to elevate its industry leadership by garnering considerable revenues across every scope of the supply aspect of the hybrid system.

Significant Players

Some significant vendors in the worldwide Hybrid System in Automotive Industry include Denso (Japan), Magna International (Canada), ZF (Germany), Johnson Controls (US), Hitachi Automotive (U.S.), Bosch (Germany), GKN (U.K), Schaeffler (Germany), Valeo (France), Infineon (Germany), Continental (Germany), to name a few.

Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/5100

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Media Contact Company Name: Market Research Future Contact Person: Abhishek Sawant Email: Send Email Phone: +1 646 845 9312 Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar City: Pune State: Maharashtra Country: India Website: https://www.marketresearchfuture.com/

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