TWO WHEELERS PLUG IN

Electric Motorcycles and Scooters; Market Drivers and Barriers, Government Policies, Technology Issues, Key Industry Players, and Global Demand Forecasts

4Q 2012 (Pike Research/Navigant)

“Sales of e-scooters and e-motorcycles have shown slow but consistent growth over the last few years, resulting in sales volumes in many regions that are high enough to be attractive to new competitors, but not large enough for breakaway market leaders or profitability yet…

“…The one exception is in China, where e-scooters and e-motorcycles represent a much more mature market, selling in the millions of units for several years. In 2012, the Chinese market accounted for 81% of the global e-scooter and e-motorcycle market.”

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“The significantly lower operating cost and falling prices of e-motorcycles and e-scooters have grown interest from fleet customers like delivery companies, police and security forces, and even taxi services in some regions…

“As these products provide more robust features, including longer range capability and higher speeds, demand for e-motorcycles and e-scooters will accelerate even more quickly. Pike Research forecasts that annual sales of e-motorcycles and e-scooters will reach 18.6 million by 2018…”

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