How Does Lithium Batteries Expand Italy Electric Scooter and Motorcycle Market?

Posted by Pramod Arya on April 4th, 2023

The growing demand for sports motorcycles in the Italian market is led by the massive presence of racing enthusiasts. Moreover, the long-term value associated with the better performing two-wheelers is expected to experience massive sales, and result in a market boost.
Moreover, Li-ion contributes significant revenue to the Italy electric scooter and motorcycle market, amounting to .5 million revenue, and it is expected to witness a growth of 30.6% from 2021 to 2025. Numerous two-wheeler motor manufacturing companies such as e-scooters and e-motorcycles prefer Li-ion battery type, owing to no memory effect, low self-discharge rate, and high energy density.

In addition, the life of Li-ion batteries is over 2,000 charge cycles, which is more than the life of sealed lead-acid batteries of over 400 charge cycles. Moreover, the reduction in the battery prices over the years has not impacted sales, as the consumers prefer to buy Li-ion battery-powered two-wheelers that cost more than sealed-acid battery-powered two-wheelers. In addition, the automobile companies understand that consumers are willing to spend more on high-quality products, and hence they keep Li-ion chemistry transitioning.

Furthermore, the rise in the prices of petroleum products is the key driver of the Italy electric scooter and motorcycle market. The electric two-wheelers are inexpensive to operate and more efficient than conventional ones. Moreover, the standout durability and efficiency of the mechanical counterparts, owing to the reduced friction and wear propels the market.

Moreover, the electric two-wheelers are more efficient than ICE variants and cause less environmental impact. Manufacturers prefer to produce electric scooters and motorcycles which have a higher driving range than the existing ones, which further results in the market proliferation.

In addition, electric scooters capture a significant share of Italy electric scooter and motorcycle market, growing at a 22.7% rate from 2021 to 2025. Electric scooters are more popular than electric motorcycles due to their inexpensiveness and lesser power requirement than the latter. E-scooters serve as the ideal option for short-distance travel, being highly cost-effective, and hence propels the market.

Moreover, electric scooters and motorcycles of 100 V or more are expected to experience the highest sales from 2026 to 2035, progressing at a 38.1% rate. The enhanced mileage and performance of electric scooters and motorcycles are projected to cause a boom in sales in the near future, and thus expand the market.

The rising environmental concerns also drive the Italy electric scooter and motorcycle market, attributed to the increased focus of the Italian government to curb the GHG emissions to the environment caused by the road traction of motor vehicles. Hence, numerous initiatives are taken by the government to reduce such emissions, one such initiative is to encourage the adoption of EVs. Moreover, the European Climate Law also contributes to reducing GHG emissions, aiming to attain a minimum of 55% decrease in 2030, compared to 1990 emission levels.

Therefore, the cost-effectiveness and increased efficiency of the electric scooters propels the market, along with the rising environmental concerns.

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