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Share this article Share this article ResearchAndMarkets.com s offering. The global electric scooter and motorcycle market size is projected to reach 5,948 thousand units by 2027, from an estimated 861 thousand units in 2020, at a CAGR of 31.8%. Governments are supporting electric two-wheelers through subsidies & tax rebates and by building charging infrastructure with the help of OEMs, which is compelling two-wheeler OEMs to explore beyond the use of conventional internal combustion engines (ICE) in two-wheelers. Increased demand for efficient and eco-friendly vehicles will boost the electric scooter and motorcycle market. Consumers from developing countries are already feeling the heat of the increasing cost of petrol. Electrical two-wheelers will run on electricity, which is expected to reduce the operating cost of these vehicles. However, the lack of charging infrastructure creates a hurdle for the growth of the electric scooter and motorcycle market. To m ....
Electric Scooter and Motorcycle Market worth 5,948 thousand units by 2027 - Exclusive Report by MarketsandMarkets Electric Scooter and Motorcycle Market by Vehicle Type (E-Scooter/Moped & E-Motorcycle), Battery (Sealed Lead Acid & Li-Ion), Distance Covered, Voltage (36V, 48V, 60V & 72V), Technology (Plug-in & Battery), Vehicle Class, Region - Global Forecast to 2027 , published by MarketsandMarkets, the global Electric Scooter and Motorcycle Market size is projected to grow from 861 thousand units in 2020 to reach 5,948 thousand units by 2027, at a CAGR of 31.8%. Browse in-depth TOC on 112 - Tables Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id= 142827777 Factors such as growing demand for energy-efficient commuting and governments supporting electric two-wheelers through subsidies & tax rebates have compelled two-wheeler OEMs to explore beyond the use of conventional internal combustion engines (ICE) in two-wheelers. ....