Electric Motorcycle and Scooter Sales to Reach 18.7 Million Annually by 2018?

Manufacturers of electric motorcycles and scooters (e-motorcycles and e-scooters) are providing more robust features, including longer range capability and higher speeds, accelerating demand for these vehicles. Although still small, the market is expected to grow strongly as consumers become more aware of the products available. According to a new report from Pike Research, a part of Navigant's Energy Practice, annual worldwide sales of e-motorcycles and e-scooters will reach 18.7 million by 2018. The vast majority of these vehicles will be sold in China.
"Two-wheel vehicles are growing in popularity as a form of transportation, particularly in large cities in the Asia Pacific region," says senior research analyst Dave Hurst. "Urbanization in Asia Pacific is expected to grow to 55 percent by 2015. The resulting increased traffic and pollution have driven significant government interest in promoting e-motorcycles and e-scooters."

Continue reading

Please follow and like us:
Pin Share
Scroll to Top