THE GLOBAL ELECTRIC WHEELS MARKET

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

1Q 2015 (Navigant Research)

“The electric power two-wheel (e-PTW) vehicle industry is expected to achieve stable and continuous growth during the coming years…[It is] led by China, where most of the world’s e-motorcycles and e-scooters are sold…[but] restrictive congestion/emissions policies and lower-than-expected GDP growth are reducing demand…[so] manufacturers are moving to…neighboring emerging economies. New products and key industry players continue to enter the market in various regions of the world and cities are becoming increasingly congested with traffic, leading to new e-PTW sales. Yet, e-PTWs face challenges as well, including high purchase prices, limited vehicle availability, and low gasoline prices. According to Navigant Research, global annual sales of e-motorcycles are expected to grow from 1.2 million vehicles in 2015 to 1.5 million in 2024, while sales of e-scooters are expected to grow from 4.1 million to over 4.4 million…” click here for more

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