E-Scooter/Moped and E-Motorcycle Market Set to Grow at Healthy CAGR of 35.40%
Posted by kelvindbmr on April 19th, 2021
E-scooter/moped and E-motorcycle market will reach at an estimated value of USD 458.86 billion and grow at a CAGR of 35.40% in the forecast period of 2021 to 2028. Rising low operating and maintenance costs is an essential factor driving the E-scooter/moped and E-motorcycle market.
Electric scooters and motorcycles are plug in electric vehicles that usually have to two or three wheels. They use need battery to run and the electricity is usually stored on board in rechargeable battery. They have the ability to cover distance from below 75 miles to more than 100 miles. These electric vehicles are equipped with lithium-ion batteries and are rechargeable in nature. They are cost effective because they don’t run on fuel or petrol.
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Competitive Landscape and E-Scooter/Moped and E-Motorcycle Market Share Analysis
The major players covered in E-scooter/moped and E-motorcycle market report are Hero Electric, Vmoto Limited, The Electrotherm Group, Inc., Jiangsu Xinri E-Vehicle Co.,Ltd., Energica Motor Company, Piaggio & C. SpA, Niu International., Mahindra & Mahindra Ltd, H-D, AIMA TECHNOLOGY CO.,LTD, Avan Motors India, Čezeta, Dongguan Tailing Electric Vehicle Co., Ltd, GOVECS AG, Gogoro Inc., Johammer e-mobility GmbH, Zhejiang Luyuan Electric Vehicle Co.,Ltd., Zero Motorcycles, Inc., Okinawa Autotech Pvt. Ltd, Shandong Incalcu Electric Vehicle Co.,Ltd and Emflux Motors among other domestic and global players.
Market Segmentation: Global E-Scooter/Moped and E-Motorcycle Market
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Joined: September 30th, 2019
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