#Electric Scooter and Motorcycle Market Growth

[medicaldevicesindustrynews]

Electric Scooter and Motorcycle Market To Reach USD 87,139 Million by 2030

The electric scooter and motorcycle market was USD 24,816 million in 2022, and it will grow at a rate of 17% in the years to come, and reach USD 87,139 million by 2030, as per the report by P&S Intelligence. The scooter category had a higher share, of about 74%, and it will maintain its dominance in the future. This has a lot to do with the increasing obtainability of a substantial number of e-…

[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.

[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. 

[news365timesindia]

[ad_1] TVS Motor Company recorded monthly sales of 489,015 units in October 2024 with a growth of 13% as against 434,714 units in the month of October 2023.Two-WheelerTotal two-wheelers registered a growth of 14% with sales increasing from 420,610 units in October 2023 to 478,159 units in October 2024. Domestic two-wheeler registered growth of 13% with sales increasing from 344,957 units in October 2023 to 390,489 units in October 2024.Motorcycle registered a growth of 14% with sales increasing from 201,965 units in October 2023 to 230,822 units in October 2024. Scooter registered a growth of 17% with sales increasing from 165,135 units in October 2023 to 193,439 units in October 2024.Electric VehicleEV sales registered a growth of 45% with sales increasing from 20,153 units in October 2023 to 29,308 units in October 2024.International BusinessThe Companys total exports registered a growth of 9% with sales increasing from 87,952 units in October 2023 to 95,708 units in October 2024. Two-wheeler exports registered a growth of 16% with sales increasing from 75,653 units in October 2023 to 87,670 units in October 2024.Three-WheelerThree-wheeler registered sales of 10,856 units in October 2024 as against 14,104 units in October 2023.About TVS Motor CompanyTVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. For more information, please visit www.tvsmotor.com. [ad_2] Source link

[news365times]

[ad_1] TVS Motor Company recorded monthly sales of 489,015 units in October 2024 with a growth of 13% as against 434,714 units in the month of October 2023.Two-WheelerTotal two-wheelers registered a growth of 14% with sales increasing from 420,610 units in October 2023 to 478,159 units in October 2024. Domestic two-wheeler registered growth of 13% with sales increasing from 344,957 units in October 2023 to 390,489 units in October 2024.Motorcycle registered a growth of 14% with sales increasing from 201,965 units in October 2023 to 230,822 units in October 2024. Scooter registered a growth of 17% with sales increasing from 165,135 units in October 2023 to 193,439 units in October 2024.Electric VehicleEV sales registered a growth of 45% with sales increasing from 20,153 units in October 2023 to 29,308 units in October 2024.International BusinessThe Companys total exports registered a growth of 9% with sales increasing from 87,952 units in October 2023 to 95,708 units in October 2024. Two-wheeler exports registered a growth of 16% with sales increasing from 75,653 units in October 2023 to 87,670 units in October 2024.Three-WheelerThree-wheeler registered sales of 10,856 units in October 2024 as against 14,104 units in October 2023.About TVS Motor CompanyTVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. For more information, please visit www.tvsmotor.com. [ad_2] Source link

[ogonns]

Benefits of Renting a Bike in Lucknow for Tourists

Lucknow, Uttar Pradesh's capital, is a dynamic blend of modernism and rich historical past. Known as the "City of Nawabs," its streets are lined with architectural marvels, delicious cuisine, and a rich cultural legacy that leaves a lasting impression on tourists. As a tourist, renting a bike is one of the most convenient and cost-effective methods to explore this vibrant city. Renting a bike in Lucknow provides an experience unlike any other mode of transportation, allowing you to explore tight narrow streets, find hidden jewels, and breathe fresh air.

In this blog, we'll look at the various advantages of renting a bike in Lucknow for tourists, including flexibility, price, convenience, and environmental impact.

1. Freedom and Flexibility

One of the most significant benefits of hiring a bike in Lucknow is the flexibility it offers. Unlike public transportation or taxis, which follow defined routes and schedules, a bike allows you to create your own itinerary. Whether you wish to explore the old city's narrow streets or fly through the newer, modern parts, a bike allows you to do it at the rate that suits you.

You may easily park near prominent monuments such as Bara Imambara, Rumi Darwaza, and Chota Imambara without fear of parking restrictions. A bike is ideal for those who enjoy making random stops to take pictures, try street food, or simply soak up the ambiance.

Lucknow's roads are a mix of large streets and limited, crowded lanes. While larger cars can be challenging particularly during high traffic hours, bikes have the flexibility to navigate traffic with comfort, allowing you to make the most of your time.

2. Cost-Effective Travel Option

Tourists frequently face excessive taxi fees or higher rates when taking app-based rides. In contrast, renting a bike is a less expensive option. Tourists can choose a plan that fits their travel plans without breaking the bank. Options are available on a daily, weekly, or even monthly basis.

Bicycle rentals in Lucknow are frequently less expensive than hiring automobiles or using other sources of mobility. Furthermore, many bike rental firms offer discounted pricing for long-term rentals, making them even more inexpensive for visitors who intend to stay in the city for a longer period of time.

You will save money on refilling because the fuel costs for motorcycles are far less than those for cars. Whether you're planning a day of traveling or a quick trip to the local markets, renting a bike is an extremely cost-effective alternative for travelers.

3. Convenience and Accessibility

Renting a bike in Lucknow has become more accessible in recent years, especially to the growth of bike rental companies. Many of these services have online booking options, allowing tourists to reserve their bikes in advance from the convenience of their own homes or hotels. Renting a bike is now easier than ever, thanks to delivery and pickup options offered across the city.

Furthermore, bike rentals appeal to a variety of preferences. Tourists can choose from a variety of two-wheelers, including scooters, motorcycles, and electric bikes. Depending on your comfort level, you can choose a bike that is appropriate for your travel style. Scooters, for example, are ideal for individuals looking for a relaxing trip, whereas more powerful motorcycles may appeal to adventurers looking to explore locations outside of the city limits.

Additionally, most rental firms include helmets and insurance with the bike, assuring a safe and protected ride. You also don't have to worry about maintenance because the motorcycles are normally well-kept and serviced on a regular basis.

4. Eco-Friendly Travel Option

As the globe grows more aware of the environmental impact of travel, many travelers are seeking greener methods to see new places. Renting a bike in Lucknow not only helps you decrease your carbon footprint, but it also allows you to participate in a more sustainable type of tourism.

Electric bikes, in particular, are an excellent choice for eco-conscious travelers. They produce zero emissions and contribute to the city's pollution reduction. Several bike rental services in Lucknow now offer electric bikes, allowing tourists to explore the city in an environmentally friendly way.

Choosing a bike over a car or taxi not only helps to reduce traffic congestion, but it also helps to reduce air pollution, which is becoming a significant concern in Indian cities. It is a small but significant step toward encouraging responsible tourism.

5. Explore Off-the-Beaten-Path Destinations

While Lucknow boasts some well-known tourist attractions, such as the landmark Bara Imambara and the British Residency, there is much more to discover than just these. Renting a bike allows you to get off the beaten path and visit lesser-known destinations that may be difficult to access via public transportation or taxis.

For example, you can ride along the banks of the Gomti River and stop at gorgeous sites like the Gomti Riverfront or the Kukrail Picnic Spot. These regions provide a calm respite from the hustle and bustle of the city, and maintaining a bike makes it quick and easy to get there.

Similarly, you can visit local markets, such as Aminabad or Hazratganj, where parking can be difficult. A bike allows you to effortlessly visit these locations and enjoy the colorful local culture firsthand.

6. Beat the Traffic

Lucknow, like most other large Indian cities, experiences traffic congestion, especially during peak hours. Bikes have the advantage of being able to weave through traffic jams, saving you significant time. Whether you're going to a museum, a local market, or a restaurant, a bike will help you get there quickly by avoiding the traffic jam that is frequent on Lucknow's roadways.

For travelers on a tight schedule, the ability to beat traffic might make all the difference. You can cover more land in less time, ensuring you don't miss any of the city's main attractions.

[savibangar]

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.

>> Download Sample Report Here: https://www.meticulousresearch.com/download-sample-report/cp_id=5191?utm_source=article&utm_medium=Social&utm_campaign=Product&utm_content=04-10-2024

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.

>> Request for Customization Report: https://www.meticulousresearch.com/request-customization/cp_id=5191?utm_source=article&utm_medium=Social&utm_campaign=Product&utm_content=04-10-2024

[arfathbaig112]

Internal Combustion Engines: A Comprehensive Guide

Internal combustion engines (ICEs) have been the driving force behind technological advancements for over a century. The Indian Internal Combustion Engines Market is projected to reach USD 8.3 billion by 2026, growing at a CAGR of 7.6% during the forecast period (2020–2026). This growth is primarily driven by the increasing demand for vehicles, construction equipment, and power generation solutions in the country that uses ICEs.

Basic Components of an Internal Combustion Engine 

An ICE consists of several interconnected components that work together to produce power:

Combustion Chamber: The space where the fuel-air mixture is ignited and combustion occurs.

Piston: A movable component that reciprocates within the cylinder, converting the combustion energy into mechanical energy.

Connecting Rod: A component that connects the piston to the crankshaft, transmitting the mechanical energy.

Crankshaft: A rotating shaft that converts the reciprocating motion of the piston into rotary motion.

Valves: Devices that control the flow of fuel-air mixture into and out of the combustion chamber.

Fuel System: Delivers fuel to the engine for combustion.

Ignition System: Ignites the fuel-air mixture in the combustion chamber.

Cooling System: Removes excess heat from the engine to prevent overheating.

Exhaust System: Directs the exhaust gases from the engine to the atmosphere.

How an Internal Combustion Engine Works 

ICEs typically operate on either a four-stroke or a two-stroke cycle.

Four-Stroke Cycle:

Intake Stroke: The intake valve opens, allowing a mixture of fuel and air to enter the cylinder.

Compression Stroke: The intake valve closes, and the piston compresses the fuel-air mixture.

Power Stroke: The spark plug ignites the compressed mixture, causing a power stroke that pushes the piston downward.

Exhaust Stroke: The exhaust valve opens, and the piston pushes the exhaust gases out of the cylinder.

Two-Stroke Cycle:

Intake and Compression Stroke: The piston moves downward, creating a vacuum that draws in a fresh charge of fuel and air.

Power and Exhaust Stroke: As the piston moves upward, the compressed mixture is ignited, generating power and forcing the exhaust gases out through the exhaust port.

Types of Internal Combustion Engines 

ICEs can be classified based on several factors:

Fuel Type:

Gasoline engines

Diesel engines

Natural gas engines

Number of Cylinders:

Single-cylinder engines

Multi-cylinder engines (V-engines, inline engines, etc.)

Cooling System:

Air-cooled engines

Liquid-cooled engines

Ignition System:

Spark-ignition engines (gasoline engines)

Compression-ignition engines (diesel engines)

Applications of Internal Combustion Engines

ICEs are used in a wide range of applications, including:

Automobiles Passenger & Commercial Vehicles: Cars, trucks, and SUVs

Motorcycles Two & Three Wheelers: Bikes, scooters, passenger & goods carriers

Construction Equipment: Excavators, bulldozers, and cranes

Marine Engines: Boats and ships

Power Generators: Providing electricity for various purposes

Advantages and Disadvantages of Internal Combustion Engines 

ICEs offer several advantages:

Efficiency: They can convert a significant portion of the fuel’s energy into mechanical work.

Power Output: ICEs can produce substantial power, making them suitable for heavy-duty applications.

Versatility: They can be adapted to fit various applications and sizes.

However, ICEs also have some disadvantages:

Pollution: The combustion process produces harmful emissions that contribute to air pollution.

Noise: ICEs can be noisy, especially when operating at high speeds.

Fuel Consumption: The consumption of fossil fuels can contribute to climate change.

The Future of Internal Combustion Engines 

With increasing environmental concerns and stringent fuel efficiency regulations, the future of Internal Combustion Engines (ICEs) is evolving. While there is a growing emphasis on alternative power sources like electric vehicles, ICEs are still a dominant force in many industries.

At Greaves Engineering, we are committed to driving innovation in ICE technology to ensure their continued relevance. Our focus on research and development has led to significant advancements in:

Fuel Efficiency: We have developed engines that deliver exceptional fuel economy, reducing carbon emissions and operating costs.

Emission Reduction: Our engineers have implemented cutting-edge technologies to minimise harmful emissions, ensuring compliance with stringent environmental regulations.

Performance Optimization: We continuously strive to enhance the power output and performance of our ICEs, making them suitable for a wide range of applications.

Greaves Engineering’s Role in Shaping the Future of ICEs 

Greaves Engineering is actively contributing to the future of ICEs by:

Developing Sustainable Solutions: Our focus on fuel-agnostic engines and alternative fuel options demonstrates our commitment to a sustainable future.

Investing in Research and Development: We invest heavily in research and development to explore new technologies and improve the efficiency and performance of our ICEs.

Collaborating with Industry Partners: We collaborate with industry leaders to develop innovative solutions and drive the adoption of advanced ICE technology.

While the transition to electric vehicles is gaining momentum, ICEs will likely remain a crucial part of the transportation landscape for many years to come. Greaves Engineering is at the forefront of this evolution, ensuring that our ICEs continue to meet the demands of a changing world.

[industryinsightsandanalysis]

India 2-Wheeler Market : Current Analysis and Forecast (2024-2032)

The two-wheeler (2-wheeler) market in India is among the biggest grossing markets across the globe and is heavily integrated into the Indian population. Affordable, convenient, and fuel-efficient, two-wheelers account for a dominant share of the number of vehicles owned by Indians. From the masses transport region to the countryside the need for motorcycles and scooters remains high. According to industry reports, India two-wheeler market size was over 150 million units in 2022 and hence, depicts the massive demand for such vehicles in Indian transportation. As consumers go for different products and services, various technologies being unveiled and the ever-shifting policies and regulations, the market is set to expand.

Market Overview and Key Drivers:

Affordability and Accessibility: The simplest reason behind the two-wheeler market growth in India has always been because of its low cost. Compared to cars, two-wheelers are cheaper, and thus available in the market for the broad population group. Besides, motorcycles are used by individuals living in rural regions as transport since access to public transport in such regions with harsh terrains is a challenge. In urban areas, people use scooters and bikes to move within the traffic-congested areas with ease. Much as they posed a financial strain when they were first imported require little money to own compared to other transport means, and have low maintenance requirements, two-wheelers have now become part of India’s transport systems.

Urbanization and Growing Middle Class: The use of two-wheelers has been on the rise in India primarily due to the increasing rate of urbanization and the increase in the size of middle-income earners. that as more people go into the cities for employment and other facilities such as education then more demand will result in personal transport. There are many users of scooters and other two-wheelers because they are easy to maneuver and economical in traffic-prone areas. Also, a higher disposable income packed on the middle-class buyer in India has resulted in early conversion and upgrade to the more upscale two-wheeler variants.

Fuel Efficiency and Environmental Impact: In a situation where fuel prices remain unpredictable in the country, two-wheelers are more fuel efficient as compared to four-wheelers. Scare awareness of the environment and its sustainability is leading to the increasing popularity of electric two-wheelers (E2-Wheelers). Recent measures for greener automobiles, specifically subsidies and incentives for electric vehicles (EVs) are making Indians consider E2-Wheelers. The shift towards electric mobility in the world and India especially in the two-wheelers has opened a great chance of development in each market particularly as the charging infrastructure is developed.

Government Initiatives and Regulations: The Indian government has implemented various policies to boost the automotive sector, including the two-wheeler market. Initiatives such as the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme, tax benefits, and subsidies for EV purchases have been pivotal in promoting electric two-wheelers. Furthermore, stricter emission norms, such as the Bharat Stage (BS) VI regulations, have pushed manufacturers to innovate and produce cleaner, more efficient vehicles.

Market Segmentation

Motorcycles vs. Scooters: The motorcycle segment remains the most popular in India among all two-wheelers and commands more than 60% of the market share. There is a healthy market for motorcycles in rural areas because these vehicles are strong, and they can move in the rough terrains that are common in rural areas. On the other hand, scooters have particularly transformed and gained recognition within the urban setting due to factors such as flexibility of use, low costs of maintenance, and use of automatic transmission. Honda and TVS are the leading scooter makers while Bajaj Auto and Royal Enfield have premium and sports bike segments.

Electric Two-Wheelers (E2-Wheelers): Electric two-wheelers are also quickly gaining ground in the Indian market. With environmental worries and the drive for more sustainable means of transport, people are gradually transitioning from conventional ICE automobiles to electric ones. Ather Energy and Ola Electric have recently launched new generation electric scooters with powerful batteries at reasonable prices and the latest Bajaj electric scooter has a significantly higher range than its domestic competitors. Other factors that have boosted the sales of electric two-wheelers in India include battery swapping stations, government policies, and reduced cost of lithium-ion batteries.

Rural vs. Urban Demand: Another segment that looks large for the motorcycle industry in India is the rural markets which constitute 55% of two-wheeler sales. In these areas, there is heavy dependency on two-wheelers for traveling to and fro the workplace or for carrying goods. While in urban regions scooters are more in demand because of convenience and traffic conditions. The fact that the consumption pattern varies geographically makes it possible for manufacturers to provide for the two segments using different products.

Issues Affecting the Two-Wheeler Market

Supply Chain Disruptions: The current COVID-19 pandemic unraveled the problems with the global supply chain where there were holdups in production and shortage of chips for example. What this did for the two-wheeler industry was that it enhanced the duration of waiting for consumers and elevated the cost to the manufacturers. Despite this, there has been continuity within the market and disruptions including disruptions of supply chains for global trades and shortages of the materials that affect the two-wheelers’ supplies and costs.

Rising Competition in the Electric Segment: The increased usage of electric two-wheelers has attracted new entrants, hence additional competition in the industry. Players that earlier used to provide traditional two-wheelers are now facing competition from new-age startups and technology companies that are progressing rapidly in the e-mobility segment. The complexity with the established brands is to innovate on fuel-burning vehicles while at the same time investing in electric mobility solutions.

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High Cost of Electric Two-Wheelers: Electric two-wheelers are now increasingly being sought after, but they are more expensive as compared to other traditional ICE vehicles. Even with government subsidies, affordability remains a major issue for consumers, and this has been well illustrated as far as rural consumers are concerned. Also, sentiments such as concern for battery capacity and lack of access to charging facilities in semi-urban and even rural areas affect the uptake of the product.

Stricter Emission Regulations: There are also well-intentioned actions such as tighter emission standards as the shift to BS VI has raised the price of two-wheelers because of increased costs of revamping engines and technologies.

Opportunities and Future Outlook

Expansion of the Electric Two-Wheeler Market: The strategy of electric mobility will determine the future of the two-wheeler segment in India. The government has been very sensitive to its emission reduction goals and the adoption of EVs in the country and therefore this sector of the electric two-wheelers market is expected to grow very soon. They provide infrastructure, battery, and charging technology, and research and development associated companies will be other major beneficiaries of the growth. Smart technologies consisting of IoT connection, digital displays, and enhanced, and connective services make these electric two-wheelers more attractive to consumers.

Innovation in Financing Options: Manufacturers have had to look for ways of further unlocking the two-wheeler market through employing strategies like low down payment, long-term loans, and ‘use and subscribe’. These options coupled with an extension of micro-financing facilities in rural areas can create demand, especially the electric two-wheelers. Such partnerships between the manufacturing firms and the institutions and the fintech have played the role of a funnel of providing affordable prices to consumers across different income levels.

Conclusion

India's two-wheeler market is a cornerstone of the country's transportation ecosystem, driven by affordability, convenience, and rising urbanization. The increasing focus on electric two-wheelers, government initiatives, and the continued growth of both rural and urban demand point to a promising future. While the industry faces challenges like supply chain disruptions and the high cost of electric vehicles, innovations in technology and financing will help drive further growth. As the market evolves, India’s two-wheeler industry is set to play a crucial role in the transition towards sustainable and accessible mobility.

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[automotiveera]

The electric scooters and motorcycles market in Europe is experiencing growth and this growth can be credited to the growing traffic worries in key European nations, armed with the anxieties regarding greenhouse gas emissions leading to numerous government steps and arrangement of electric scooters for sharing facilities.

Electric scooter and motorcycles are a two-wheeled vehicle that functions only on electricity. It is not motorized by engines or orthodox fuels like petroleum, diesel, or CNG. Though, it operates and is driven completely by electricity.

It utilizes electric propulsion and generally has a rechargeable battery. In other words, you can say that an electric scooter wants nothing more than electricity to run.

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 portable methods of transport like roller skating, cycling, and others they come out as maybe the safest choice. Moreover, they need little to no talent to function — all you require is some balance This is a suitable choice for those who want to commute without any anxiety of danger.

To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/europe-electric-scooters-and-motorcycles-market/report-sample

Comparatively Eco-Friendly

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

Electric scooters and motorcycles are one of the greenest choices to date. Separately from zero CO2 releases, electric scooters, and motorcycles also run on little amounts of electricity. They are more effective at moving travelers — they take only a portion of the electricity compared to a car or SUV. Furthermore, technology for e-scooters has enhanced unusually over the last two years, further advancing their eco-friendliness.

Helps In Skipping Traffic Jams

The motor and battery technology utilized in electric scooters and motorcycles enables the rider to cover numerous kilometers with little effort. Moreover, the scooter itself is small in size, meaning riders can take benefit of cycle lanes, walkways, and other paths that are traffic-free. This is particularly beneficial in areas where roads are jammed almost daily.

Features

Basic features including an LED headlight and smooth design are worth looking for. 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.

Growing Concerns over GHG Emissions Biggest Product Sales Driver

Just like elsewhere throughout the globe, Europeans and the region's governments are deeply worried about environmental degradation because of the release of greenhouse gases from transportation and other industries. Therefore, the government has taken several steps in order to decrease emissions in the nation significantly.

[dh5ryxhgbctgr]

Global Motorcycle Tyres Market Research and Future Opportunities Overview 2024 - 2031

The global motorcycle tyres market is an essential segment of the automotive industry, experiencing dynamic growth driven by increasing motorcycle sales, urbanization, and changing consumer preferences. This article provides a comprehensive overview of the current state of the market, key drivers, challenges, and future prospects.

Introduction to the Motorcycle Tyres Market

The global motorcycle tyres market is poised for growth, driven by increasing motorcycle sales, urbanization, and technological advancements. While challenges such as raw material price volatility and regulatory compliance exist.

Motorcycle tyres are critical components that significantly impact a motorcycle's performance, safety, and fuel efficiency. The market encompasses various types of tyres designed for different riding conditions, including road, off-road, and racing applications.

Market Overview

Current Market Size

As of 2023, the global motorcycle tyres market is valued at approximately $X billion, with a projected CAGR of Y% from 2023 to 2030. The market is characterized by a diverse range of products catering to various motorcycle segments, from scooters to high-performance sports bikes.

Key Regions

The motorcycle tyres market is segmented geographically into:

North America: Strong demand for motorcycles, particularly in the United States, drives the market. The increasing popularity of recreational riding contributes to tyre sales.

Europe: The European market is witnessing growth due to a rising trend in motorcycle commuting and tourism.

Asia-Pacific: This region dominates the market, fueled by high motorcycle ownership rates in countries like India and China, along with rapid urbanization.

Key Drivers of Growth

Increasing Motorcycle Sales

The global demand for motorcycles is on the rise, driven by factors such as affordability, fuel efficiency, and convenience. This trend directly influences the demand for motorcycle tyres, as each sale generates a need for new and replacement tyres.

Urbanization and Traffic Congestion

As urban areas grow, motorcycle usage is becoming a popular solution to combat traffic congestion. This trend is particularly prevalent in developing countries, where motorcycles serve as an affordable mode of transportation, thereby boosting tyre demand.

Advancements in Tyre Technology

Innovation in tyre technology, including improvements in tread design and materials, enhances performance, safety, and durability. Manufacturers are increasingly focusing on developing specialised tyres for different riding conditions, catering to diverse consumer needs.

Challenges in the Market

Volatility in Raw Material Prices

The motorcycle tyres market is susceptible to fluctuations in the prices of raw materials, such as rubber and synthetic compounds. Price volatility can affect production costs and ultimately impact the retail prices of tyres.

Regulatory Challenges

Strict environmental regulations and safety standards in various regions pose challenges for tyre manufacturers. Compliance with these regulations can lead to increased operational costs and may require significant investments in research and development.

Competition and Market Saturation

The motorcycle tyres market is highly competitive, with numerous players vying for market share. This competition can lead to price wars and reduced profit margins, especially in mature markets.

Future Outlook

Emerging Trends

Electric Motorcycles: The rise of electric motorcycles is expected to create a new segment within the tyres market, requiring innovative tyre designs that accommodate the unique characteristics of electric vehicles.

Smart Tyres: The integration of IoT technology in tyres is gaining traction, with smart tyres providing real-time data on performance and safety, enhancing the riding experience.

Strategic Initiatives

To stay competitive, manufacturers are likely to invest in R&D, focusing on sustainable materials and advanced manufacturing techniques. Collaborations with motorcycle manufacturers to develop tailor-made tyres for specific models may also become a common strategy.

Conclusion

The global motorcycle tyres market is poised for growth, driven by increasing motorcycle sales, urbanization, and technological advancements. While challenges such as raw material price volatility and regulatory compliance exist, the market presents significant opportunities for innovation and expansion. As the industry evolves, stakeholders must remain agile and responsive to changing consumer demands and market dynamics to succeed in this competitive landscape.

[urbtnews]

Electric Two-Wheeler Market Size is Expected to Reach USD 109.5 Billion By 2032 | CAGR: 11.5%

Electric Two-Wheeler Market Size is Expected to Reach USD 109.5 Billion By 2032 | CAGR: 11.5% Stay Trendy with URBTNews.com (Subscribe Today Free!)   SHERIDAN, WY, UNITED STATES, September 17, 2024 /EINPresswire.com/ -- IMARC Group's report titled "Electric Two-Wheeler Market Report" details various aspects of the electric two-wheeler market dynamics. The report categorizes data by vehicle type, battery type, voltage type, peak power, battery technology, motor placement, and region for the period from 2024 to 2032. The electric two-wheeler market attained a size of US$ 39.9 billion in 2023 and is projected to grow to US$ 109.5 billion by 2032, showcasing an impressive 11.5% CAGR during the forecast period. For an in-depth analysis, interested individuals can obtain a sample report here: https://www.imarcgroup.com/electric-two-wheeler-market/requestsample Key Factors Driving Electric Two-Wheeler Market Growth Increased awareness of environmental issues significantly impacts demand for electric two-wheelers. Growing concern about climate change, especially regarding carbon emissions, motivates individuals and policymakers to adopt greener options. Traditional gasoline vehicles notably contribute to air pollution, leading to a search for cleaner alternatives, such as electric two-wheelers, which produce zero tailpipe emissions. As urban centers experience worsening air quality, the shift towards electric mobility accelerates. Consequently, manufacturers invest in electric two-wheeler technologies to meet rising consumer expectations. Technological Innovations Impacting Electric Two-Wheelers Recent advancements in lithium-ion battery technology revolutionize the electric vehicle market by offering superior range, swift charging capabilities, and enhanced performance. Manufacturers address critical barriers to electric vehicle adoption, such as range anxiety and time-consuming charging durations. Continuous research and development initiatives lead to more efficient and cost-effective battery solutions, further improving electric two-wheeler attractiveness. Additionally, innovations in electric motors, regenerative braking systems, and lightweight materials contribute to overall vehicle enhancement, promoting wider market acceptance. Impact of Fuel Prices on Electric Two-Wheeler Adoption Rising gasoline prices significantly influence consumers' transportation preferences, pushing them towards electric two-wheelers. With increasing fuel costs, electric two-wheelers emerge as more cost-effective options. They feature lower operating costs due to the lower price of electricity compared to gasoline, along with reduced maintenance expenses. Over time, these financial benefits become even more attractive for daily commuting and local travel. In regions with high or volatile fuel prices, the cost savings associated with electric two-wheelers amplify. Prominent Players in the Electric Two-Wheeler Market Several leading companies operate within the global electric two-wheeler industry, including: - AIMA Technology Co. Ltd. - Ampere Vehicles Pvt. Ltd. - BMW AG - Energica Motor Company S.p.A. - GOVECS AG - Hero Electric Vehicles Pvt. Ltd. - Mahindra GenZe - Terra Motors Corporation - Vmoto Limited - Yadea Technology Group Co. Ltd. - Zero Motorcycles, Inc. For further inquiries, you can request a sample report directly through this link: https://www.imarcgroup.com/request?type=report&id=2215&flag=C Market Segmentation of Electric Two-Wheelers The electric two-wheeler market undergoes segmentation based on several factors, including: - Vehicle Type: Electric Scooter/Moped, Electric Motorcycle - Battery Type: Lithium-Ion, Sealed Lead Acid (SLA) - Voltage Type: 96V - Peak Power: 10 kW - Battery Technology: Removable, Non-Removable - Motor Placement: Hub Type, Chassis Mounted Regional Analysis of the Electric Two-Wheeler Market The electric two-wheeler market spreads across various regions, including: - North America (United States, Canada) - Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, others) - Europe (Germany, France, United Kingdom, Italy, Spain, Russia, others) - Latin America (Brazil, Mexico, others) - Middle East and Africa Each region displays unique trends and growth opportunities that manufacturers analyze for strategic decision-making. Emerging Trends in the Global Electric Two-Wheeler Market Governments across various nations implement incentives and policies to boost electric vehicle adoption. These measures include subsidies, tax reductions, and rebates for purchasing electric two-wheelers, which enhance affordability for consumers. Furthermore, regulatory bodies establish stricter emission standards, promoting the development of electric alternatives. Investments in necessary infrastructure, like charging stations, support the burgeoning electric vehicle market. The combination of monetary incentives and a supportive regulatory environment creates a positive landscape for electric two-wheeler manufacturers. Possible customization options are available for specific requests beyond the report's current scope. Related Reports by IMARC Group - Peer-to-Peer P2P Lending Market: https://www.imarcgroup.com/peer-to-peer-lending-market - Dry Eye Syndrome Market: https://www.imarcgroup.com/dry-eye-syndrome-market - Commercial Seaweeds Market: https://www.imarcgroup.com/commercial-seaweeds-market - Fitness App Market: https://www.imarcgroup.com/fitness-app-market IMARC Group provides strategic insights and a comprehensive suite of services to assist ambitious organizations, aiding in impactful market expansion initiatives. For further details, contact: Elena AndersonIMARC Services Private Limited+1 631-791-1145email us here Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. The platform does not accept any responsibility for the accuracy or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, please reach out to the author. Read the full article

[secretstalks]

Ola Electric’s CEO states the focus is on capturing consumer imagination, not just market share, during the Roadster launch

Ola is prioritizing consumer engagement and brand loyalty over market share, according to Co-Founder Bhavish Aggarwal. At a recent event, Ola Electric Mobility Ltd. introduced its first motorcycle lineup—the Roadster series—and teased two additional models.

The company also announced a rebranding of Ola Cabs to Ola Consumers. Aggarwal highlighted that the new electric motorcycles are built on the same platform as their scooters, aiming to enhance operational efficiency and growth. He stated, "As we ramp up production, we’ll leverage our existing factory and investments," noting that the motorcycles will initially have profit margins similar to those of their scooters.

In the June quarter, government policy changes resulted in a Rs 23 crore reversal in the PLI scheme, affecting their automotive segment just as it was nearing Ebitda positivity. Nevertheless, Aggarwal expressed optimism about the EV business, asserting, “We’ve demonstrated that EVs are a sustainable business model.”

Regarding market share, he emphasized that Ola's focus is on winning consumers' hearts by creating engaging products. The new bikes, priced between Rs 75,000 and Rs 2.5 lakh, aim to attract a diverse customer base. He noted that the transition to electric bikes is accelerating, with Ola positioned to lead in this emerging market with limited competition.

Despite reporting a widened net loss of Rs 347 crore for the quarter ending June 30, 2024, up from Rs 267 crore the previous year, Ola saw a 32% increase in revenue to Rs 1,644 crore.

On August 9, 2024, Ola Electric made its debut on the National Stock Exchange of India after an IPO that was oversubscribed by over 4.5 times. Although the stock opened at par, it has risen approximately 71% in just four trading sessions, with a more than 15% increase on Friday.

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[batteryincin]

Bringing the Future: Specialized Lithium Battery Manufacturers in Bangalore.

Known by many as the Silicon Valley of India, Bangalore is more than a hub of generation and creativity; moreover, it has established a quality lithium battery manufacturing facility in Bangalore. As the demand for sustainable energy answers grows, corporations play a vital role in powering pretty programs, collectively with electric automobiles and other consumer devices.

Major manufacturers of lithium-ion batteries 

Vibrant Landscape of Battery Manufacturing

The battery production scene in Bangalore is active, with diverse businesses contributing to the expansion of the lithium battery industry. These corporations not only make batteries, but additionally do research and improvement to improve battery performance and durability. As a result, they have emerged as the principal contributors to the lithium battery production enterprise in India.

Electric scouting requirements have been completed. 

E-Bike Market Growth

Apart from electric scooters, the e-bike industry has increased, giving an upward push to e-motorbike battery producers in India. These corporations focus on excessive-potential and lightweight e-bike lithium battery packs. Customizable lithium battery pack options allow customers to choose the parameters that best suit their requirements, thus improving the overall user experience.

Advances in electric vehicle battery technology

The demand for electric cars (EVs) has led to the establishment of various EV battery manufacturers in India. These firms concentrate on creating superior battery technology to assist the increasing EV industry. The EV battery pack they manufacture is engineered to satisfy the stringent requirements of current electric cars, ensuring safety, efficiency, and durability.

Custom solutions for various applications.

Custom battery pack manufacturers in Bangalore are also making great progress in the market. They provide bespoke solutions for a variety of applications, including renewable energy storage and industrial use. By providing customizable solutions, these producers respond to their customers’ needs, ensuring top overall performance and pleasure.

E-rickshaw Battery Market Growth

The E Rickshaw battery enterprise has also grown significantly, with manufacturers focusing on developing long-lasting and efficient batteries for this popular method of transportation. These batteries are meant to withstand the rigors of daily use while also delivering the strength required for e-rickshaws to function efficiently.

Shaping a Sustainable Future

Bangalore’s lithium battery producers continue to increase, contributing appreciably to India’s aim of a sustainable future. The lithium battery organization in India is at the forefront of this motion, advancing battery technology and encouraging the use of electric-powered automobiles and renewable-strength solutions.

Conclusion: A thriving enterprise.

To sum up, the lithium battery scene in Bangalore is flourishing, with several companies devoted to developing superb batteries for a lot of programs. From electric scooters to e-motorcycles and e-rickshaws, these manufacturers are shaping India’s mobility and power garage future. As the desire for sustainable solutions develops, lithium battery manufacturers in Bangalore will play a very important role in securing India’s role as an international battery enterprise chief. Visit Battery Inc. to learn more about the company’s newest advancements and merchandise.

[automotivetransportationresearch]

Future Growth of the Electric Scooter and Motorcycle Market Size by 2030

The Electric Scooter and Motorcycle Market Size is experiencing significant growth, driven by increasing urbanization, rising fuel costs, and growing environmental concerns. As consumers look for efficient and eco-friendly transportation alternatives, electric scooters and motorcycles have emerged as popular choices, especially in congested urban areas. Advances in battery technology, such as…