#Electric Motorcycles Market

[industrynewsupdates]

Electric Motorcycle Market: Key Trends and Growth Opportunities

The global electric motorcycle market size is anticipated to be valued at USD 121.07 billion by 2030 and is expected growth by CAGR 19.0% over the forecast period, according to a new study by Grand View Research Inc. The electric motorcycle industry is expected to expand due to the growing consensus regarding the increasing concentration of greenhouse gases in the environment. The government introduced favorable tax and purchasing subsidies in economies such as Asia Pacific, North America, and Europe is also supporting the market growth. Furthermore, the development of battery technology, including electric motorcycles in delivery fleets and mobility as a service, is further acting as an opportunity for the uptake of electric motorcycles. However, due to the underdeveloped charging infrastructure, range anxiety among the end-users, and the high vehicle cost are among the challenges the market faces over the forecast period.

The commercial end-use segments of the electric motorcycle industry are creating new opportunity avenues for industries like logistics and food delivery. In regions such as Africa and Latin America, food delivery platforms are employing electric motorcycles for delivery in partnership with electric mobility startups. For instance, on May 2022, iFood, a Brazilian food delivery platform, announced the launch of its electric motorcycle, EVS Motor iFood. The food delivery platform partnered with Voltz Motor to develop the electric motorcycle. As per the food platform organization, the motorcycle is expected to save up to 70% of running costs and maintenance expenditures. EVS Motor iFood motorcycle ranges 85 kilometers per hour and can cover up to 100 to 180 kilometers with two battery packs. Additionally, to make the electric motorcycle affordable by partnering with bank BV for financing options.

The Asia Pacific region is anticipated to register the fastest growth in the market over the forecast period. The region’s market growth is attributed to factors such as growing government initiatives such as incentives and subsidies to promote the growth of electric mobility, rising fuel costs, and uptake of electric motorcycles by e-commerce and food delivery platforms. Moreover, the regional electric motorcycle industry growth is further expected to augment owing to the rise in disposable income in high population density regions such as Indonesia, India, China, and Vietnam. The major players in the electric motorcycle industry landscape are consistently launching new electric motorcycles which are equipped with batteries with increased storage capacity, advanced displays, Bluetooth connectivity, and connected vehicle technology features in a bid to promote the adoption and sales of the vehicles, thus contributing to the market growth.

Gather more insights about the market drivers, restrains and growth of the Electric Motorcycle Market

Electric Motorcycle Market: Report Highlights

• Commercial end-use segment has the fastest growth 22.2% CAGR in 2022 and is expected to generate revenue of USD 9.22 billion. The use of electric motorcycles for logistics purposes is expected to drive the segment growth

• The market is expected to gain traction owing to government incentives, improved acceleration, compact size, and reduced motor weight. The increasing presence of electric mobility startups and improvement in battery-based technology is expected to drive market growth

• The Asia Pacific market will experience growth over the forecast period. The Asia Pacific market is expected to expand at a CAGR of 19.5 % from 2023 to 2030. The regional market growth is accredited to growing disposable income in the region and growing consensus towards rising emissions

• Major manufacturers including Honda Motor Co., Ltd., Zero Motorcycles, Inc., and SUR-RON USA is projected to capture the majority of the market share over the forecast period. The primary strategy adopted by the major players in the market is the launching of new products along with enhancement in the vehicle range

 Electric Motorcycle Market Segmentation

Grand View Research has segmented the global electric motorcycle market report based on, drive type, end-use, battery type, and region:

Electric Motorcycle Drive Outlook (Revenue, USD Million; Volume Thousand Units, 2018 - 2030)

• Belt Drive

• Chain Drive

• Hub Motor

Electric Motorcycle End-use Outlook (Revenue, USD Million; Volume Thousand Units, 2018 - 2030)

• Personal

• Commercial

Electric Motorcycle Battery Type Outlook (Revenue, USD Million; Volume Thousand Units, 2018 - 2030)

• Lithium-ion

• Lead Acid

• Others

Electric Motorcycle Regional Outlook (Revenue, USD Million; Volume Thousand Units, 2018 - 2030)

• North America

o U.S.

o Canada

• Europe

o UK

o Germany

o France

o Netherlands

o Italy

o Spain

o Denmark

o Rest of Europe

• Asia Pacific

o China

o India

o Japan

o South Korea

o Taiwan

o Vietnam

o Indonesia

o Rest of Asia Pacific

• Latin America

o Brazil

o Mexico

o Rest of Latin America

• Middle East & Africa

Order a free sample PDF of the Electric Motorcycle Market Intelligence Study, published by Grand View Research.

[automotivetransportationresearch]

Electric Scooter and Motorcycle Market Share Hits $12.4B by 2030

The Electric Scooter and Motorcycle Market Share is projected to grow significantly, reaching a value of $12.4 billion by 2030. This growth is largely driven by the increasing shift toward sustainable urban mobility, as electric two-wheelers provide a cleaner alternative to traditional fuel-powered options. Factors like advancements in battery technology, extended range, and faster charging…

[akulride]

Hero MotoCorp's Vision: "Be the Future of Mobility" "With our vision 'Be the Future of Mobility,' Hero MotoCorp aims to push boundaries and set new standards in innovation and sustainability. We

[poojagblog-blog]

The global Ebike Market is forecast to grow from USD 48.7 billion in 2024 to USD 71.5 billion by 2030 at a CAGR of 6.6%, according to a new report by MarketsandMarkets. Major drivers driving the e-bike market are government subsidies and incentives, growing micro-mobility services, technological advancements in e-bikes, and infrastructure development dedicated to e-bikes. The e-bike market has been declining in the last few years due to supply chain disruptions, economic tensions between countries, decreased consumer spending due to the rising cost of living, and the overstocked inventory of ebikes with manufacturers and suppliers.

[jessicapinedaw]

Electric Motorcycle and Scooter Market Trends, Growth, Size, Share, Segmentation and Forecast to 2031

The most recent research study by The Insight Partners, “Electric Motorcycle and Scooter Market – Trends, Size, Share, and Growth to 2031,” offers a detailed market analysis covering market dynamics, growth opportunities, trends, and segmentation. Electric Motorcycle and Scooter Market predictions are presented in this report based on revenue size, CAGR, consumption, technologies, trends, and…

[sarojmarketreserch]

Electric Motorcycle Battery Market

[csr762bike]

Dive into the dynamic world of India's electric bike industry, witnessing its remarkable growth and promising future. This article delves into the reasons behind the burgeoning popularity of electric motorcycles in India, exploring their eco-friendly attributes, cost-effectiveness, and technological advancements.

[nikonstudio]

Welcome to Barcelona! Kinda surprised to see the prolific city's embrace towards electrified transportation unlike others in the EU.

[automotiveera]

Electrifying Commutes: Insights into the India Electric Scooters and Motorcycles Market

Electric scooters and motorcycles are two-wheeled vehicles that function only on electricity. They are not propelled by engines or orthodox fuels like gasoline, diesel, or CNG.

They utilizes electric propulsion and generally have a rechargeable battery. With the rising concerns on pollution and the resulting increase in the incidence of breathing issues among children and elderly alike, the Indian electric scooters and motorcycles market is projected to reach USD 6,161 million by 2030.

Safe, Suitable, and Simple to Use

Every method of travel has some type of danger involved with it. Still, if you compare an electric scooter or motorcycle to other more-fun methods of transport such as roller skating or cycling, they come out as, maybe, the better choice. Moreover, they need little to no talent to function—all you require is some balance They are a suitable choice for those who want to commute without any anxiety of danger.

Comparatively Eco-Friendly

A list of benefits to having an e-scooter or motorcycle is just not complete without addressing how environment-friendly they are. In the era of severe climate change, numerous individuals are finding methods to decrease their impact on the atmosphere, like shifting their modes of transportation.

Moreover, electric scooters and motorcycles are one of the greenest choices to date. Other than zero CO2 releases, electric scooters and motorcycles are also more energy-efficient. They are more effective at moving travelers— they take only a portion of the electricity compared to the amount of fuel a car burns to travel the same distance. Furthermore, technology for e-scooters has enhanced rapidly over the last two years, further advancing their eco-friendliness.

Helps In Skipping Traffic Jams

The motor and battery technologies utilized in electric scooters and motorcycles enable the rider to cover numerous kilometers with little effort. Moreover, the scooter itself is small in size, meaning riders can take benefit of dedicated lanes, which are traffic-free. This is particularly beneficial in areas where roads are jammed almost daily. Features

Basic features including an LED headlight and sleek design are being offered by numerous two-wheeler OEMs. On the other hand, several high-tech accompaniments include under-seat storage bins, a speed mode switch, USB ports, a smart remote key, cruise control, and a functional dashboard.

[danimotor]

Are Dani Motor Electric Scooters in Kolkata Reliable?

Dani Motor electric scooters have already remarkable progress in challenging well-established leaders in the industry of electric two-wheelers. While some see all our achievements as crucial milestones, Dani Motor and the team always attribute their success solely to their dedication and commitment to delivering the best quality products. So, is it good to trust Dani Motor's electric scooter for reliability? Hence, discover more about the reliability of Dani Motor electric scooters in this feature here.

Dani Motor Electric Scooter in Kolkata: Cost-effective & Heavy-Duty

At Dani Motor, we have been recognized as the best-selling electric scooters that have both heavy-duty performance and cost-effective features. Our product lineup features models from Flycon Motors and Mantra eBikes. This has helped us to maintain a sheer dominance in the current market. All thanks to great pricing and best-quality products.

We always know that purchasing power plays an important role in the Indian Market and that’s the reason why we have ensured that we tagged competitive prices for all our electric scooters. By making them easily accessible to a wider customer base, we are now enabling more people to accept eco-friendly and sustainable communication options without being heavy on the pocket.

Our total commitment to durability and performance is reflected in all the aspects of our electric two-wheelers. Our range of electric scooters is tailored to tackle the ever-changing, demanding, and challenging road conditions in India. Our best-quality and robust electric scooters have the capacity to feature sturdy components and the latest safety technologies. This will ensure that our customers get a reliable and long-lasting riding experience. When maintaining these high standards, we are able to establish confidence and trust among all our customers which further enhances the reliability of all our products.

Additionally, we set up a strong and fast after-sales service network in order to deliver quick support and maintenance work for all our e-scooters. On the other hand, our comprehensive service ecosystem allows our customers to receive timely assistance that addresses any concerns and issues that may arise during the ownership.

How dependable are Dani Motor e-scooters on Indian roads?

Reliability is a major value of Dani Motor Electric Bikes. We place a high priority on providing our customers with outstanding value, which includes both dependability and first-rate service. Customer satisfaction is our priority, and we do all in our power to make sure of it.

Our consistent focus on product quality is one of the main aspects enhancing our dependability. We take this obligation very seriously since we are aware that our customers put their faith in us. We guarantee that our customers receive products that meet the highest standards by upholding strict quality control procedures and relentlessly pursuing excellence.

We put a lot of effort into providing dependable electric bikes and electric scooters, but we also go far to provide top-notch customer service. Our devoted team is committed to immediately attending to client demands and provides support and after-sales help as needed. We work hard to go above and beyond our customers' expectations in terms of dependability and service since we really think that they deserve the best.

5 reasons why Dani Motor electric scooters are so dependable

Five elements help Dani Motor, the best electric scooter dealer in Kolkata achieve its exceptional dependability status:

Affordably priced products: Electric scooters are an inexpensive option for a variety of consumers because of the reasonable rates we provide. Our goal is to make it possible for people to adopt sustainable transportation without breaking the bank.

Best service: We place a high priority on providing outstanding customer service. A flawless ownership experience is ensured by our committed team's quick support and help. We establish enduring connections with our customers by placing a high priority on offering the best service.

Strong safety features: Safety is a top priority for us. Our electric scooters come with strong safety components including dependable braking systems, durable frames, and cutting-edge safety sensors. We guarantee riders have a safe and secure riding experience by incorporating these safety components.

Longer range: Our electric scooters are made to travel farther on a single charge. Riders may travel further distances with the use of this function, which also provides ease and continuous travel.

Offering an exceptional guarantee on both our vehicles and batteries: We stand behind the caliber and dependability of our products. Our customers may rest easy knowing they are safeguarded against any potential production flaws or problems thanks to this warranty.

Final Word

Our electric scooters provide a full range of dependability with their affordability, robust safety features, extended distance capabilities, and good warranty coverage. We work hard to go above and beyond what our customers anticipate, whether it's via the cost of our products, the commitment to provide the greatest service or the focus on durability and safety.

[futuretonext]

The Global Electric Scooter and Motorcycle Market is projected to grow at a CAGR of around 32% during the forecast period, i.e., 2022-27. The growth of the market is driven primarily by the alarming carbon emission levels, especially from vehicles, and the growing awareness among people about the need to curb these levels by procuring environment-friendly mobility solutions, i.e., surging the sales of electric scooters & motorcycles worldwide. 

[jessicapinedaw]

High Performance Electric Motorcycle Market to See Massive Growth by 2030

Insights Partner’s recently published- “Global High Performance Electric Motorcycle Market Size Report | Industry & Analysis – Forecast 2030 offers a comprehensive roadmap for established and rising participants in the High Performance Electric Motorcycle market. This research solution covers various aspects of the market including market size, share, and estimated revenue. In a dramatically…