#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. 

[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.

[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.

READ MORE

[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.

[omshinde5145]

Electric Vehicle Market to Develop Rapidly by 2030 | Intent Market Research

The Electric Vehicle (EV) Marketis experiencing unprecedented growth, driven by technological advancements, increasing environmental awareness, and supportive government policies. According to the latest report from Market Insights Inc., the global electric vehicle market is expected to reach USD 1,000.8 billion by 2030, expanding at a compound annual growth rate (CAGR) of 11.7% from 2023 to 2030.

The key factors contributing to the growth of the electric vehicle market during the forecast period include new technological advancements such as low CO2 emissions and maintenance, smooth driving, and reduced engine noise. Demand for electric vehicles is rapidly increasing as they are fuel efficient, high-performance, and low-emission vehicles. Strict government rules and regulations regarding vehicle emissions and reduced cost of electric vehicles are significantly boosting the market growth.

Key Drivers of Growth:

Technological Advancements: Significant improvements in battery technology have led to longer ranges, faster charging times, and lower costs, making EVs more accessible to consumers. Innovations in autonomous driving and smart connectivity are further enhancing the appeal of electric vehicles.

Environmental Concerns: With growing awareness of climate change and the harmful effects of fossil fuels, consumers and businesses are increasingly opting for electric vehicles as a sustainable alternative. The push for cleaner air and reduced carbon footprints is a major impetus for the shift towards EVs.

Government Policies and Incentives: Governments worldwide are implementing stringent emissions regulations and offering incentives such as tax rebates, subsidies, and grants to promote the adoption of electric vehicles. These policies are crucial in accelerating the transition from internal combustion engine vehicles to electric ones.

Read More about Sample Report: https://shorturl.at/SA8bb

Market Segments:

Passenger Vehicles: The largest segment of the EV market, driven by increasing consumer demand for eco-friendly personal transportation options.

Commercial Vehicles: Rapid growth is expected in electric buses, trucks, and delivery vans as businesses seek to reduce operational costs and comply with environmental regulations.

Two-Wheelers: Electric scooters and motorcycles are gaining popularity, particularly in urban areas, due to their affordability and convenience.

Regional Insights:

North America: The U.S. leads the region with robust infrastructure development and strong policy support, fostering significant growth in EV sales.

Europe: The European market is buoyed by stringent emission norms and substantial government incentives, with countries like Norway and Germany at the forefront of adoption.

Asia-Pacific: China dominates the global EV market, driven by aggressive government initiatives and a thriving manufacturing sector. India and Japan are also emerging as key players with increasing investments in EV infrastructure.

Industry Challenges:

Despite the positive outlook, the EV market faces challenges such as high initial costs, limited charging infrastructure in certain regions, and supply chain disruptions. However, ongoing investments in research and development, coupled with strategic collaborations between automakers, technology companies, and governments, are expected to mitigate these challenges and drive sustained growth.

Ask for Customization Report: https://shorturl.at/ySBlp

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Intent Market Research (IMR) is designed to offer unique market insights, with a core focus on sustainable and inclusive growth of our clients. We offer comprehensive market research reports and consulting services to help our clients to take data driven business decisions.

Our market intelligence reports offer fact-based and relevant insights across range of industries including chemicals & materials, healthcare, food & beverage, automotive & transportation, energy & power, packaging, industrial equipment, building & construction, aerospace & defence, semiconductor & electronics to name few.

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[vijukumar]

Tire Market Challenges & Opportunities | Research Report

The tire market plays a crucial role in the global automotive industry, driving advancements in vehicle performance, safety, and fuel efficiency. As vehicles continue to evolve with new technologies and sustainability initiatives, the tire industry has seen significant transformations. This blog delves into the current state of the global tire market, examining its size, share, growth, emerging trends, key players, and the challenges it faces.

Market Size, Share, and Growth

As of 2023, the global tire market is valued at approximately USD 156 billion and is projected to reach USD 200 billion by 2028, growing at a compound annual growth rate (CAGR) of 5.1% during the forecast period. This growth is driven by an increase in vehicle production, particularly in emerging economies, along with the rising demand for replacement tires in developed regions.

Passenger Vehicle Tires: Passenger vehicle tires hold the largest share of the market, accounting for over 55% of the total revenue. The rising disposable income and increasing demand for personal vehicles, especially in Asia-Pacific and North America, are key factors contributing to this segment's dominance.

Commercial Vehicle Tires: The commercial vehicle tire segment is also experiencing steady growth, driven by the expansion of logistics and transportation sectors. The increased use of commercial vehicles for freight and passenger transport is boosting the demand for durable and high-performance tires.

Two-Wheeler Tires: The two-wheeler tire segment is gaining traction, particularly in Asia-Pacific, where motorcycles and scooters are a popular mode of transportation. This segment is expected to grow at a CAGR of 4.5% during the forecast period.

Market Trends

The tire market is undergoing significant transformations, shaped by technological advancements, consumer preferences, and regulatory changes. Some of the key trends driving the market include:

Sustainability and Green Tires: Environmental concerns are pushing tire manufacturers to develop eco-friendly products. Green tires, made from sustainable materials and designed to reduce rolling resistance, are gaining popularity. These tires not only lower fuel consumption but also minimize carbon emissions, aligning with global sustainability goals.

Rise of Electric Vehicles (EVs): The increasing adoption of electric vehicles is influencing tire design and manufacturing. EVs require specialized tires that can handle the higher torque and weight of electric powertrains while minimizing rolling resistance to extend battery life. Tire manufacturers are investing in research and development to create products tailored for the EV market.

Smart Tires: The integration of sensors and IoT (Internet of Things) technology in tires is revolutionizing the market. Smart tires can monitor pressure, temperature, and tread depth in real-time, providing data that enhances safety and performance. These tires are particularly valuable for commercial fleets, where maintenance and fuel efficiency are critical.

Focus on Retreading: Tire retreading is gaining momentum as a cost-effective and sustainable solution, particularly in the commercial vehicle sector. Retreading extends the life of tires, reducing waste and lowering costs for fleet operators. The growth of retreading is supported by advancements in retreading technologies, which ensure that retreaded tires meet stringent safety and performance standards.

Expanding Aftermarket Segment: The aftermarket tire segment is expanding rapidly, driven by the growing demand for replacement tires. As vehicles stay on the road longer, the need for high-quality replacement tires is increasing. This trend is particularly strong in developed regions where vehicle longevity is higher.

Key Market Players and Their Market Share

The global tire market is dominated by several key players, each holding a significant share of the market. These companies are at the forefront of innovation and have established strong distribution networks across various regions. Some of the leading players in the market include:

Bridgestone Corporation: Bridgestone is the largest tire manufacturer in the world, with a market share of approximately 15%. The company is known for its extensive product portfolio, which includes tires for passenger vehicles, commercial vehicles, and specialty vehicles. Bridgestone's focus on innovation and sustainability has strengthened its position in the market.

Michelin Group: Michelin holds a market share of around 14% and is renowned for its premium-quality tires. The company's emphasis on research and development has led to the creation of innovative products such as the Michelin Pilot Sport series, which is widely used in high-performance vehicles. Michelin is also a leader in sustainable tire manufacturing.

Goodyear Tire & Rubber Company: Goodyear has a market share of approximately 11% and is a key player in both the original equipment (OE) and replacement tire markets. The company has a strong presence in North America and Europe and is known for its cutting-edge tire technologies, including run-flat tires and smart tires.

Continental AG: Continental holds a market share of about 10% and is a leading supplier of tires to the automotive industry. The company's strength lies in its ability to combine tire manufacturing with automotive technologies, such as tire pressure monitoring systems (TPMS). Continental is also a pioneer in the development of eco-friendly tires.

Pirelli & C. S.p.A.: Pirelli has a market share of around 6% and is synonymous with high-performance and luxury vehicle tires. The company's close association with motorsports, particularly Formula 1, has enhanced its brand image. Pirelli's focus on premium tires has helped it capture a niche segment of the market.

Market Challenges

Despite the promising growth prospects, the tire market faces several challenges that could impact its development:

Fluctuating Raw Material Prices: The tire industry is heavily reliant on natural rubber and synthetic materials, the prices of which are subject to volatility. Fluctuations in raw material costs can impact profit margins for tire manufacturers, leading to price adjustments that may affect demand.

Environmental Regulations: Stringent environmental regulations are being implemented globally, aimed at reducing carbon emissions and waste. While these regulations drive the demand for green tires, they also impose additional costs on manufacturers for compliance and R&D investments in sustainable technologies.

Intense Competition: The tire market is highly competitive, with numerous players vying for market share. This intense competition puts pressure on manufacturers to innovate continuously while maintaining cost efficiency. Smaller players, in particular, may struggle to compete with the scale and resources of larger companies.

Supply Chain Disruptions: The global supply chain for tire manufacturing has been affected by various disruptions, including the COVID-19 pandemic, geopolitical tensions, and logistical challenges. These disruptions can lead to delays in production and distribution, impacting the availability of tires in key markets.

Technological Adaptation: The rapid pace of technological advancements in the automotive industry, such as the rise of EVs and smart vehicles, requires tire manufacturers to adapt quickly. Companies that fail to keep up with these changes risk losing market share to more agile competitors.

Conclusion The global tire market is poised for steady growth in the coming years, driven by the increasing demand for vehicles, advancements in tire technology, and the shift towards sustainable products. However, manufacturers must navigate a complex landscape of challenges, including fluctuating raw material prices, environmental regulations, and intense competition.

[greenfrontiercapital]

Accelerating Change: Climate Tech Investment Transforms 2-Wheeler Mobility in India

India is at a crucial juncture in its efforts to balance environmental preservation and economic progress. The nation’s focus on reducing carbon emissions and transitioning to a greener economy has placed significant attention on the electric vehicle (EV) sector. Given their widespread use in Indian transportation, the two-wheeler industry, specifically motorcycles, scooters, and mopeds, holds prime importance. Two-wheelers account for over 70% of all vehicles in India and are relied upon by millions for daily commuting and transportation.

The climate tech investment technology is crucial for accelerating the shift from two-wheelers to electric mobility. Companies like EMotorad are at the forefront of this effort. This article examines the current state of climate tech investment in India’s electric vehicle (EV) industry, as well as the numerous opportunities for sustainable finance in this sector. It also highlights the investment made by Green Frontier Capital in EMotorad, a startup that demonstrates how venture capital funds can have a sustainable impact on the 2-wheeler market in India.

Climate Tech Investment in the Indian Electric Vehicle Market

In 2022, climate tech investments accounted for 25% of all venture capital financing, up 14% from 2021, according to PwC’s State of Climate Tech Report. The worldwide market for sustainable funding is projected to rise from US$ 3.6 trillion in 2021 to US$ 23 trillion by 2031, according to the Confederation of Indian Industry (CII). The climate tech environment is witnessing considerable expansion, particularly in electric transportation.

In India, the growth of the electric vehicle industry is being fueled by regulatory pressure, technological advancements, and changing consumer preferences. The Confederation of Indian Industry (CII) predicts that the Indian electric vehicle industry will grow from US$ 3.21 billion in 2022 to US$ 113.99 billion in 2029. Research from Counterpoint suggests that electric vehicle sales could increase by 66% as early as 2024, and McKinsey and Company forecasts that by 2030, 60–70% of new two-wheeler sales in India will be electric vehicles.

In this industry, there are several prospects for sustainable funding. Over 70% of the US$ 2.7 billion that Indian EV start-ups raised between 2018 and 2023 went toward purchasing electric two- to three-wheelers, according to the IEA. According to the IEA’s Global EV Outlook 2024 Report, there are still a lot of climate tech investment prospects for Indian entrepreneurs and start-ups, with the country’s EV sector now estimated to have a US$200 billion investment potential.

The Indian government is dedicated to reducing carbon emissions and supporting renewable energy, generating a lot of interest in investments in climate technology, particularly in the electric vehicle (EV) sector. This emerging industry’s potential is being acknowledged by Indian investors and venture capital funds like Green Frontier Capital, leading to an increase in climate tech investments aimed at accelerating the country’s adoption of EVs.

EMotorad: An Excellent Investment in Climate Technology for Green Frontier Capital

EMotorad is an Indian company that manufactures electric bikes, scooters, and cycles. Founded in 2020 by Rajib Gangopadhyay, Kunal Gupta, Aditya Oza, and Sumedh Battewar, the company has seen significant growth in India and has garnered over 100,000 global customers. EMotorad is currently building the world’s largest gigafactory for electric bicycles in Pune.

The company is committed to sustainability and offers products that promote eco-friendly mobility and help reduce carbon footprints. Their use of environmentally friendly materials and production methods aligns with global sustainability objectives, making it an attractive investment for Indian sustainable finance investors.

In India’s price-sensitive market, a wide range of people can now afford green mobility thanks to reasonably priced electric two-wheelers. This suggests significant market potential and scalability for venture capital firms like GFC, who invested in EMotorad as part of their climate tech investment. This offers a great opportunity for long-term growth. EMotorad ensures exceptional product performance by investing in cutting-edge technologies such as long-lasting batteries and intelligent networking. This commitment to innovation puts the company at the forefront of the EV industry, providing a continuous competitive advantage to sustainable financing investors. The focus on ongoing innovation keeps the company ahead of industry trends, signaling a forward-thinking business that can adapt to changing market conditions and sustain steady long-term growth for its Indian investors.

Its triumphant foray into other markets showcases its worldwide scalability and provides top venture capital firms such as GFC with exposure to the expanding global demand for electric transportation. Strategic alliances with IT companies, governmental agencies, and environmental groups are advantageous to EMotorad as well. This enabling environment lowers operational risks and expands market penetration, increasing the company’s appeal as a climate tech investment. The seasoned leadership group of EMotorad promotes innovation and strategic expansion. Strong leadership is essential because it gives investors faith in the company’s capacity to overcome obstacles and seize opportunities in the climate tech industry.

EMotorad and Green Frontier Capital: The Path Forward

In India, switching to electric two-wheelers is a critical step toward accomplishing sustainable transportation and tackling the urgent problem of climate change. The 2-wheeler EV industry in India offers a strong potential for climate tech investment because of its sizeable and expanding market, favorable government regulations, and rising consumer awareness. Businesses like EMotorad are at the forefront, providing creative and reasonably priced solutions that support the worldwide movement toward environmentally friendly transportation.

According to Sandiip Bhammer, Managing Partner of Green Frontier Capital, “What struck us the most is the pace at which they were able to expand the business across geographies in just two years of existence; not only that, but the technology they are building on top of their bikes is a game changer; it will change the way people cycle.” As of July 2024, EMotorad has avoided 9,758,287+ liters of conventional fuel (petrol/diesel) by choosing e-bikes, generated 250+ green employment, and conserved 21,602+ tons of CO2 — an amount equal to the annual absorbance of 820,864+ fully grown trees. They use solar energy in 30% of their production processes, and they handle their trash in an ecologically responsible way in 99% of them. For Indian investors interested in sustainable finance, EMotorad is unquestionably a wise green investment. It offers significant financial gains in addition to making India and the rest of the globe a cleaner, greener future.

Tags: climate vc | top climate tech vcs | green investing | climate investors India | climate vc fund | top investment companies in India | venture capital green

[globalgrowthinsights]

Fast Food and Quick Service Restaurant Market Developments, Trends & Opportunities till 2032

Fast Food and Quick Service Restaurant Market provides in-depth analysis of the market state of Fast Food and Quick Service Restaurant manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fast Food and Quick Service Restaurant in these regions till the forecast period

North America

Middle East and Africa

Asia-Pacific

South America

Europe

Key Attentions of Fast Food and Quick Service Restaurant Market Report:

The report offers a comprehensive and broad perspective on the global Fast Food and Quick Service Restaurant Market.

The market statistics represented in different Fast Food and Quick Service Restaurant segments offers complete industry picture.

Market growth drivers, challenges affecting the development of Fast Food and Quick Service Restaurant are analyzed in detail.

The report will help in the analysis of major competitive market scenario, market dynamics of Fast Food and Quick Service Restaurant.

Major stakeholders, key companies Fast Food and Quick Service Restaurant, investment feasibility and new market entrants study is offered.

Development scope of Fast Food and Quick Service Restaurant in each market segment is covered in this report. The macro and micro-economic factors affecting the Fast Food and Quick Service Restaurant Market

Advancement is elaborated in this report. The upstream and downstream components of Fast Food and Quick Service Restaurant and a comprehensive value chain are explained.

Browse More Details On This Report at @https://www.globalgrowthinsights.com/market-reports/fast-food-and-quick-service-restaurant-market-100554

 Global Growth Insights

Web: https://www.globalgrowthinsights.com

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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.

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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.

[gazetteweekly]

Ola Electric IPO: Prices Set at Rs 72-76 Per Share, Aiming to Raise Over Rs 6,100 Crore

Ola Electric Mobility Limited, the Bengaluru-based electric vehicle (EV) manufacturer, has announced the price band for its upcoming initial public offering (IPO). The shares will be offered at a price range of Rs 72–76 each, with the IPO set to open for subscription on August 2 and close on August 6. Investors can bid for a minimum of 197 shares and in multiples of 197 shares thereafter.

IPO Details

. Price Band: Rs 72–76 per share

. IPO Opening Date: August 2

. IPO Closing Date: August 6

. Minimum Bid: 197 shares

At the upper end of the price band, Ola Electric aims to raise Rs 6,145 crore, while the lower end targets Rs 6,111 crore. The IPO will consist of a fresh issue of up to Rs 5,500 crore and an offer for sale (OFS) of up to 8.49 crore shares worth Rs 645 crore. There is also a reservation for eligible employees.

Use of Proceeds

According to Bhavish Aggarwal, Chairman and Managing Director of Ola Electric, the proceeds from the fresh issue will be allocated as follows:

Rs 1,227.6 crore for capital expenditure by subsidiary OCT

Rs 800 crore for repayment or pre-payment of debt

Rs 1,600 crore for research and product development

Rs 350 crore for organic growth initiatives and general corporate purposes

Company Overview

Ola Electric specializes in manufacturing electric vehicles and core EV components, including battery packs, motors, and vehicle frames, at its Ola Futurefactory. The company aims to capitalize on the growing trend of EV adoption in India and plans to expand into select international markets.

Since delivering its first model, the Ola S1 Pro, in December 2021, Ola Electric has quickly become a leading electric two-wheeler (E2W) brand in India. The company has also introduced additional models, including the Ola S1, Ola S1 Air, and Ola S1 X+.

Future Plans

Ola Electric’s vertically integrated business model includes in-house R&D, manufacturing, supply chain management, and a direct-to-consumer (D2C) omnichannel distribution platform. The company plans to use its Generation 2 platform, initially developed for the Ola S1 scooter, for a new motorcycle range featuring four models: Diamondhead, Adventure, Roadster, and Cruiser.

The company’s facilities include a Futurefactory, Gigafactory, and a Battery Innovation Centre in Bengaluru, with ongoing construction of an EV hub in Tamil Nadu’s Krishnagiri and Dharmapuri districts.

As Ola Electric prepares for its IPO, the company’s focus on innovation and expansion continues to position it as a key player in the EV industry.

[dh5ryxhgbctgr]

Global Electric Moped Market Assessment and Future Growth Insights 2024 - 2031

The global electric moped market is rapidly expanding as consumers increasingly seek sustainable and efficient modes of transportation. This article explores the market's dynamics, including key drivers, trends, challenges, and future outlook.

Overview of the Electric Moped Market

Electric mopeds are lightweight, two-wheeled vehicles powered by electric motors, designed for urban commuting. They offer a convenient and eco-friendly alternative to traditional gasoline-powered scooters and motorcycles, contributing to the growing shift toward sustainable transportation.

Definition and Features of Electric Mopeds

Electric mopeds typically feature:

Electric Motor: Provides propulsion, often with varying power outputs depending on the model.

Battery Pack: Stores energy, with options for removable or fixed batteries, allowing for convenient recharging.

Lightweight Frame: Designed for easy maneuverability in urban environments.

Regenerative Braking: Some models incorporate this feature to enhance energy efficiency by recovering energy during braking.

Market Drivers

Several factors are driving the growth of the global electric moped market:

Increasing Urbanization

As urban populations grow, the demand for efficient, compact transportation solutions is rising. Electric mopeds are well-suited for navigating congested city streets.

Environmental Concerns

With growing awareness of climate change and air pollution, consumers are seeking greener transportation alternatives. Electric mopeds produce zero tailpipe emissions, making them an attractive option.

Government Initiatives

Many governments are promoting electric mobility through subsidies, tax incentives, and the development of charging infrastructure, further driving demand for electric mopeds.

Market Trends

The electric moped market is characterized by several emerging trends:

Technological Advancements

Innovations in battery technology, such as lithium-ion batteries with longer life spans and faster charging times, are enhancing the performance and appeal of electric mopeds.

Customization and Personalization

Consumers are increasingly looking for unique designs and features that reflect their personal style. Manufacturers are responding by offering a variety of colors, accessories, and performance options.

Integration of Smart Features

Smart technology, including GPS navigation, app connectivity, and anti-theft systems, is becoming more common in electric mopeds, appealing to tech-savvy users.

Challenges in the Market

Despite its growth potential, the electric moped market faces several challenges:

Limited Charging Infrastructure

The availability of charging stations remains a significant barrier in many regions, making potential buyers hesitant to switch from traditional vehicles.

Range Anxiety

Consumers may be concerned about the limited range of electric mopeds compared to gasoline-powered alternatives, which can deter purchases.

Price Sensitivity

The initial cost of electric mopeds can be higher than that of traditional mopeds, impacting their affordability for some consumers.

Future Outlook

The global electric moped market is expected to continue its upward trajectory in the coming years. Key factors influencing this growth include:

Expansion of Electric Vehicle Ecosystems

As cities invest in electric vehicle infrastructure, including charging stations and maintenance facilities, the adoption of electric mopeds is likely to increase.

Rising Demand in Emerging Markets

With urbanization accelerating in developing countries, there is significant growth potential for electric mopeds as a cost-effective and environmentally friendly transportation solution.

Enhanced Consumer Education

Increasing awareness about the benefits of electric mobility and available incentives will likely encourage more consumers to consider electric mopeds as a viable option.

Conclusion

The global electric moped market is poised for substantial growth, driven by urbanization, environmental concerns, and supportive government policies. As technological advancements continue to improve performance and infrastructure develops, electric mopeds will likely become an integral part of urban mobility solutions. However, addressing challenges such as charging infrastructure and range anxiety will be crucial for manufacturers and stakeholders in realizing the full potential of this market.

[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

[nandinisthings]

Mobility Scooters Market Growth Trends and Future Outlook (2023-2029)

Mobility Scooters Market size was valued at US$ 1.94 Bn. in 2022 and the total revenue is expected to grow at 6.5% through 2023 to 2029, Mobility Scooters Market is reaching nearly US$ 3.02 Bn. by 2029.Mobility scooters are electric-powered mobility aids that are comparable to motorcycles and can be used as an alternative or auxiliary to a power wheelchair.