The increasing awareness regarding environmental sustainability and the rising demand for energy-efficient transportation options are major growth drivers for the electric motorcycle and scooters market. Additionally, the advancement in battery technology and the improving infrastructure for charging stations are further fueling the growth of this market.
Industry
Report Coverage | Details |
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Segments Covered | Product, Battery, Voltage |
Regions Covered | • North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA) |
Company Profiled | AllCell Technologies LLC, Ather Energy, BMW Motorrad International, Gogoro,, GOVECS, Green Energy Motors Corp., Greenwit Technologies, Honda Motor Co.., Howrin, Jiangsu Xinri E-Vehicle, KTM AG, KYMCO, Mahindra GenZe., Niu International, Ola Electric Mobility Pvt., TailG, Torrot Muvi, Vespa, X-Treme, Yadea Technology Group Co.,, |
The high initial costs and limited range of electric motorcycles and scooters are perceived as major restraints for their widespread adoption. Moreover, the lack of government incentives and subsidies for electric vehicles compared to traditional gasoline-powered vehicles also hinder the growth of the market.