Electric Two Wheeler Market by Vehicle (E-Scooter/Moped, E-Motorcycle), Voltage Type, Motor Type (Hub, Mid-drive), Battery (Li-ion, lead acid), Motor Power, Technology (Battery, Plug-in), Vehicle Class, Usage, Region - Global Forecast to 2032

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USD 9.71
MARKET SIZE, 2032
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CAGR 10.6%
(2025-2032)
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400
REPORT PAGES
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300
MARKET TABLES

OVERVIEW

electric-scooter-motorcycle-market Overview

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

The electric two wheeler market is projected to grow from USD 4.78 billion in 2025 to USD 9.71 billion by 2032 at a CAGR of 10.6%. Last-mile delivery and shared mobility fleets now account for a significant share of urban electric two-wheeler demand, prompting OEMs to prioritize fleet-ready platforms, extended battery life, and integrated telematics. Manufacturers are improving cost efficiency by adopting subscription-based or battery-as-a-service (BaaS) models, offering flexible and affordable options for commercial operators. They are also using higher energy-density cells to increase range and enhance performance. To improve flexibility and reduce supply chain risks, OEMs now dual-source battery chemistries using LFP for affordable mass-market models and NMC for premium variants and design packs that can support both chemistries to simplify production and sourcing.

KEY TAKEAWAYS

  • BY VEHICLE TYPE
    The demand for premium electric motorcycles is growing rapidly, especially in the high-performance segments focused on greater speed, torque, and range. Urban riders are increasingly opting for higher-torque and longer-range models over basic city commuter bikes. The introduction of fast-charging and modular battery packs is making highway travel more practical, leading manufacturers to focus on quick charging and effective thermal management rather than only optimizing city riding range.
  • BY VEHICLE CLASS
    Premium electric scooters are now being designed as software-driven platforms that offer OTA updates, customizable suspension, and premium materials. Manufacturers are focusing on subscription-based services for features such as performance modes and remote diagnostics to generate recurring revenue. These motorcycles also feature advanced cooling systems, torque vectoring, and custom accessories that enable long-range touring and justify premium pricing.
  • BY VOLTAGE TYPE
    Budget-conscious riders and new users often prefer electric scooters with 48 V to 60 V batteries, as they provide an affordable and practical entry option. In comparison, 72 V batteries deliver higher power output and longer range than lower-voltage options such as 36 V or 48 V.
  • BY DISTANCE COVERED
    The 75-mile range allows riders to travel comfortably across most cities without worrying about battery depletion, making such scooters ideal for personal commuting, errands, and leisure trips. In contrast, models offering over 100 miles of range are better suited for commercial and fleet applications, such as delivery or shared mobility, where extended daily usage and minimal charging interruptions are critical for productivity and cost efficiency.
  • BY REGION
    Europe is expected to witness strong growth in the market due to rising emission concerns and supportive government policies. European manufacturers are focusing on developing advanced electric scooters and motorcycles, supported by expanding charging infrastructure. The EU’s charging network is growing rapidly, with several countries on track to meet 2025–2026 targets, though it must still quadruple by 2030.

Manufacturers are localizing key components such as motors, battery management systems, and pack assembly to cut production costs and comply with local-content requirements, opening new opportunities for Tier 1 suppliers. OEMs are also expanding their business models beyond one-time vehicle sales by introducing financing solutions, battery-as-a-service offerings, over-the-air updates, and connected services to generate recurring revenue streams. Furthermore, stricter safety and type-approval regulations, along with emerging rules on battery recycling and second-life usage, are driving product design changes and spurring the development of reverse logistics and recycling service networks.

TRENDS & DISRUPTIONS IMPACTING CUSTOMERS' CUSTOMERS

Trends and disruptions in the electric two wheeler market reveal the current and future trends. The electric two wheeler market is shifting from one-time vehicle sales to service-oriented revenue models such as battery leasing, swapping, and fleet management solutions. This transition is driven by new technologies, ecosystem partnerships, and emerging use cases that cater to fleet operators, logistics companies, and public agencies, ultimately enabling lower total cost of ownership, AI-driven fleet optimization, and progress toward zero-emission mobility goals.

electric-scooter-motorcycle-market Disruptions

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

electric-scooter-motorcycle-market: COMMERCIAL USE CASES ACROSS INDUSTRIES

COMPANY USE CASE DESCRIPTION BENEFITS
Provides electric scooters for personal mobility and fleet operations in urban areas through app-based rentals and ownership models Reduces carbon emissions, lowers per km travel cost, and supports shared mobility infrastructure.
Offers connected smart scooters for individual and commercial users, integrated with telematics, navigation, and performance analytics Enhances user experience through data-driven insights, improves vehicle efficiency, and enables predictive maintenance.
Targets last-mile delivery and gig-economy fleet operators with purpose-built electric two-wheelers offering high load capacity Expands into fleet segment, supports logistics electrification, and reduces operational expenses for delivery partners.
Operates battery-swapping networks for shared and delivery fleets using swappable battery scooters Eliminates charging downtime, boosts vehicle uptime, and scales urban electrification with modular energy solutions.
Deploys battery-swapping electric scooters for personal and commercial users across cities in India Increases accessibility through flexible ownership and reduces dependence on charging infrastructure.

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET ECOSYSTEM

The electric two wheeler market ecosystem includes raw material suppliers, component suppliers, battery pack suppliers, charging infrastructure, and electric scooter manufacturers. Some of the major electric scooter and motorcycle manufacturers include Ola Electric (India), Bajaj Auto Ltd. (India), TVS Motor Company (India), Ather Energy (India), and Yadea Technology Group Co., Ltd. (China).

electric-scooter-motorcycle-market Ecosystem

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

REGION

Asia Pacific to be fastest-growing region in global vascular imaging market during forecast period

REGION

electric-scooter-motorcycle-market Region

The Asia Pacific electric two wheeler market is growing due to the increasing demand for affordable and efficient transportation in countries such as China, Taiwan, Vietnam, and India. Electric two-wheelers have up to 70–80% lower running costs than petrol models due to lower electricity prices, reduced maintenance needs, and a simpler mechanical design. Growth is also supported by a wide range of locally produced models, strong government incentives, and the rapid development of charging and battery-swapping infrastructure. In addition, strong domestic sales in India and China and the expansion of manufacturing facilities are helping the region strengthen its position as the global center for electric two-wheeler production and innovation.

electric-scooter-motorcycle-market: COMPANY EVALUATION MATRIX

In the electric two wheeler market matrix, OLA Electric (Star) leads with a strong global presence and comprehensive electric two-wheeler offerings, driving market expansion and revenue growth through strategic partnerships and product launches. Gogoro (Emerging Leader) is gaining traction with its large-scale battery-swapping network, strategic collaborations with local OEMs, and technology licensing partnerships across Asia. The company shows strong growth potential to advance toward the leaders' quadrant.

electric-scooter-motorcycle-market Evaluation Metrics

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

MARKET SCOPE

REPORT METRIC DETAILS
Market Size Value in 2025 USD 4.78 Billion
Revenue Forecast in 2032 USD 9.71 Billion
Growth Rate CAGR of 10.6% from 2025 to 2032
Actual Data 2021-2032
Base Year 2024
Forecast Period 2025-2032
Units Considered Volume (Thousand Units) and Value (USD Million)
Report Coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments Covered
  • BATTERY TYPE:
    • SEALED LEAD-ACID
    • LITHIUM-ION
    • NICKEL METAL HYDRIDE
    • SODIUM-ION
  • DISTANCE COVERED:
    • BELOW 75 MILES
    • 75–100 MILES
    • ABOVE 100 MILES
  • VOLTAGE TYPE:
    • 36 V
    • 48 V
    • 60 V
    • 72 V
    • ABOVE 72 V
  • TECHNOLOGY TYPE:
    • PLUG-IN
    • BATTERY
  • VEHICLE CLASS:
    • ECONOMY
    • LUXURY
  • VEHICLE TYPE:
    • E-SCOOTERS/MOPEDS
    • E-MOTORCYCLES
  • USAGE:
    • PRIVATE
    • COMMERCIAL
  • MOTOR TYPE:
    • MID-DRIVE MOTORS
    • HUB MOTORS
    • OTHERS
  • MOTOR POWER:
    • LESS THAN 1.5 KW
    • 1.5–3 KW
    • ABOVE 3 KW
Regional Scope Asia Pacific, Europe, and North America

WHAT IS IN IT FOR YOU: electric-scooter-motorcycle-market REPORT CONTENT GUIDE

electric-scooter-motorcycle-market Content Guide

DELIVERED CUSTOMIZATIONS

We have successfully delivered the following deep-dive customizations:

CLIENT REQUEST CUSTOMIZATION DELIVERED VALUE ADDS
Two-Wheeler OEM (India)
  • Competitive benchmarking of leading EV models (Ola Electric, Ather, Hero MotoCorp, TVS)
  • Feature mapping of battery capacity, motor power, and range
  • Identified product gaps and pricing opportunities
  • Guided portfolio expansion for mid-range EV scooters
Battery Manufacturer (Japan)
  • Analysis of battery chemistry adoption (LFP vs. NMC) across vehicle types
  • Forecast of battery demand by voltage segment (48V, 72V, 96V)
  • Enabled capacity planning for upcoming EV partnerships
  • Supported long-term procurement and localization strategy
Fleet Operator (Southeast Asia)
  • Cost-benefit analysis of EV adoption for delivery fleets
  • TCO comparison between ICE and electric two-wheelers
  • Reduced operational cost by identifying ideal fleet configuration
  • Improved ROI through optimized charging and battery swap models
Charging Infrastructure Provider (Europe)
  • Market potential assessment for fast-charging and swapping networks
  • City-level mapping of high-demand corridors for e-mobility
  • Helped target high-traffic urban areas for station deployment
  • Strengthened partnerships with OEMs and fleet aggregators
Component Supplier (Germany)
  • Demand forecast for traction motors and controllers
  • Technology trend analysis for hub motor vs. mid-drive systems
  • Supported entry into high-growth EV components market
  • Prioritized R&D investments based on OEM adoption trends
Investment Firm (US)
  • Identification of emerging EV startups in Asia and Europe
  • Financial benchmarking and growth projections of top players
  • Enabled informed investment decisions in early-stage EV ventures
  • Highlighted scalable business models in shared mobility

RECENT DEVELOPMENTS

  • October 2025 : Indofast Energy, partnered with e-Sprinto to deploy 20,000 electric two-wheelers in India by 2026. These vehicles will use Indofast Energy’s battery-swapping network, enabling riders to replace depleted batteries quickly and reduce downtime. The partnership aims to support last-mile delivery and gig workers, with plans to establish 2,750 swap stations and serve 150,000 vehicles by March 2026. The companies also plan to expand the network to 10,000 swap points across more than 40 cities within the next three years.
  • September 2025 : SRIVARU Motors (India) launched its new generation of electric two-wheelers, including the Alive scooter series—Alive Lite, Alive Plus, and Alive Elite—and the PRANA Class electric motorcycle. The Alive series is equipped with LiFePO4 batteries, regenerative braking, and smart digital displays. The top model, Alive Elite, offers a range of up to 155 km, fast charging, GPS, concierge support, and advanced anti-theft features, while the Alive Lite includes a lifetime battery warranty. The PRANA Class motorcycle comes with a 3.5 kWh LiFePO4 battery providing up to 170 km of range, powered by a 4,000 W motor delivering 50 Nm torque, and supports app-based connectivity.
  • September 2025 : TVS Motor Company (India) signed a MoU with ALT Mobility to deploy up to 3,000 electric three-wheelers during FY 2025–26. The agreement includes both passenger and cargo variants, which will be leased through ALT Mobility’s network under a drive-to-own model for independent drivers and fleet operators. ALT Mobility will provide complete asset management services, including 24/7 vehicle monitoring and preventive maintenance, to ensure high uptime and efficiency. The leasing plan will also cover maintenance, insurance, roadside assistance, servicing, challan management, and vehicle fitness, offering users a complete ownership and support solution.
  • September 2025 : Ather Energy unveiled the EL platform, a next-generation electric scooter architecture developed using 2.6 million kilometres of real-world data. The platform includes a redesigned chassis, powertrain, and electronics system, enabling up to 15% faster assembly and twice-as-fast periodic servicing, with an extended service interval of 10,000 km. Ather also introduced the Redux concept scooter, featuring a lightweight aluminium frame, 3D-printed seat, advanced body panels, adaptive ride dynamics, and a context-aware digital display.

 

Table of Contents

Exclusive indicates content/data unique to MarketsandMarkets and not available with any competitors.

TITLE
PAGE NO
1
INTRODUCTION
 
 
 
34
2
RESEARCH METHODOLOGY
 
 
 
43
3
EXECUTIVE SUMMARY
 
 
 
57
4
PREMIUM INSIGHTS
 
 
 
62
5
MARKET OVERVIEW
Fleet electrification and modular platforms drive innovation in urban mobility and battery systems.
 
 
 
68
 
5.1
INTRODUCTION
 
 
 
 
5.2
MARKET DYNAMICS
 
 
 
 
 
5.2.1
DRIVERS
 
 
 
 
 
5.2.1.1
FLEET ELECTRIFICATION FOR URBAN AND COMMERCIAL MOBILITY
 
 
 
 
5.2.1.2
ADVANCEMENTS IN BATTERY SYSTEMS
 
 
 
 
5.2.1.3
COLLABORATIONS BETWEEN OEMS, ELECTRIC TWO WHEELER MANUFACTURERS, AND FLEET OPERATORS
 
 
 
5.2.2
RESTRAINTS
 
 
 
 
 
5.2.2.1
CHARGING INFRASTRUCTURE GAPS IN MANY EMERGING ECONOMIES AND RANGE PERFORMANCE ISSUES
 
 
 
 
5.2.2.2
BATTERY HEATING PROBLEMS AND LONG CHARGING TIMES
 
 
 
5.2.3
OPPORTUNITIES
 
 
 
 
 
5.2.3.1
LIGHTWEIGHT DESIGN AND SHARED VEHICLE ARCHITECTURE INNOVATION
 
 
 
 
5.2.3.2
TRANSITION TO MODULAR AND SWAPPABLE ENERGY PLATFORMS
 
 
 
 
5.2.3.3
SOFTWARE ECOSYSTEM DEVELOPMENT AND DIGITAL VALUE CHAIN EXPANSION
 
 
 
5.2.4
CHALLENGES
 
 
 
 
 
5.2.4.1
RELIABILITY OF THERMAL AND POWER ELECTRONICS IN URBAN OPERATING CONDITIONS
 
 
 
 
5.2.4.2
LACK OF STANDARDIZATION IN BATTERY COMMUNICATION AND SWAPPING PROTOCOLS
 
 
5.3
UNMET NEEDS AND WHITE SPACES
 
 
 
 
 
5.3.1
UNMET NEEDS IN ELECTRIC TWO WHEELER MARKET
 
 
 
 
5.3.2
WHITE SPACE OPPORTUNITIES
 
 
 
5.4
INTERCONNECTED MARKETS AND CROSS-SECTOR OPPORTUNITIES
 
 
 
 
 
5.4.1
INTERCONNECTED MARKETS
 
 
 
 
5.4.2
CROSS-SECTOR OPPORTUNITIES
 
 
 
5.5
STRATEGIC MOVES BY TIER 1/2/3 PLAYERS
 
 
 
 
 
5.5.1
STRATEGIC MOVES BY TIER 1/2/3 PLAYERS
 
 
 
5.6
PATENT ANALYSIS
 
 
 
 
 
5.7
IMPACT OF GENERATIVE AI ON ELECTRIC TWO WHEELER MARKET
 
 
 
 
 
5.7.1
PRODUCT DESIGN AND DEVELOPMENT OPTIMIZATION
 
 
 
 
5.7.2
INTELLIGENT MANUFACTURING AND SUPPLY CHAIN EFFICIENCY
 
 
 
 
5.7.3
PERSONALIZATION AND USER EXPERIENCE ENHANCEMENT
 
 
 
 
5.7.4
ADVANCED BATTERY MANAGEMENT AND ENERGY OPTIMIZATION
 
 
 
5.8
ACOUSTIC VEHICLE ALERTING SYSTEM (AVAS) IN ELECTRIC 2-WHEELERS
 
 
 
 
 
5.8.1
REGULATORY FRAMEWORK AND MANDATES
 
 
 
 
5.8.2
AVAS INTEGRATION IN ELECTRIC TWO WHEELERS
 
 
 
 
5.8.3
COMPONENT ARCHITECTURE AND DESIGN TRENDS
 
 
 
 
 
5.8.3.1
TYPICAL SETUP
 
 
 
 
5.8.3.2
DESIGN TRENDS
 
 
 
5.8.4
FUTURE ADVANCEMENTS IN SOUND SIGNATURE AND SMART AVAS
 
 
 
 
 
5.8.4.1
DYNAMIC SOUND PROFILES
 
 
 
 
5.8.4.2
PSYCHOACOUSTIC TUNING
 
 
5.9
EMERGING BUSINESS MODELS IN ELECTRIC TWO WHEELER MARKET
 
 
 
 
 
5.9.1
SUBSCRIPTION-BASED AND LEASING MODELS
 
 
 
 
5.9.2
BATTERY SWAPPING AND ENERGY-AS-A-SERVICE (EAAS)
 
 
 
 
5.9.3
SHARED MOBILITY AND FLEET ELECTRIFICATION
 
 
 
 
5.9.4
BATTERY-AS-A-SERVICE (BAAS)
 
 
 
 
5.9.5
DIGITAL SERVICE MONETIZATION
 
 
 
5.10
KEY EMERGING TECHNOLOGIES
 
 
 
 
 
5.10.1
INTEGRATED POWERTRAIN MODULES
 
 
 
 
5.10.2
SOLID-STATE BATTERY (SSB)
 
 
 
 
5.10.3
SMART CHARGING SYSTEMS
 
 
 
5.11
COMPLEMENTARY TECHNOLOGIES
 
 
 
 
 
5.11.1
BATTERY SWAPPING IN ELECTRIC SCOOTERS
 
 
 
 
5.11.2
INTERNET OF THINGS IN ELECTRIC TWO WHEELERS
 
 
 
 
5.11.3
SHARED MOBILITY
 
 
 
 
5.11.4
BATTERY-RELATED SERVICES
 
 
 
 
5.11.5
VEHICLE INTELLIGENCE & CONNECTIVITY STACK
 
 
 
5.12
TECHNOLOGY/PRODUCT ROADMAP
 
 
 
 
 
5.12.1
SHORT-TERM (2025-2027) | FOUNDATION AND EARLY COMMERCIALIZATION
 
 
 
 
5.12.2
MID-TERM (2028-2030) | EXPANSION AND STANDARDIZATION
 
 
 
 
5.12.3
LONG-TERM (2031-2035+) | MASS COMMERCIALIZATION & DISRUPTION
 
 
 
5.13
BILL OF MATERIALS
 
 
 
 
5.14
TOTAL COST OF OWNERSHIP
 
 
 
 
5.15
OEM ANALYSIS
 
 
 
 
 
5.15.1
PRODUCTION CAPACITY OF KEY OEMS
 
 
 
 
5.15.2
TECHNOLOGICAL DEVELOPMENTS
 
 
 
 
 
5.15.2.1
HONDA
 
 
 
 
5.15.2.2
YAMAHA
 
 
 
 
5.15.2.3
BMW MOTORRAD
 
 
 
 
5.15.2.4
PIAGGIO GROUP (VESPA/PIAGGIO)
 
 
 
 
5.15.2.5
ATHER ENERGY
 
 
 
 
5.15.2.6
OLA ELECTRIC
 
 
 
 
5.15.2.7
NIU (CHINA/GLOBAL)
 
 
 
5.15.3
COMPARATIVE ANALYSIS OF MOTOR POWER AND VEHICLE RANGE ACROSS VOLTAGE LEVEL
 
 
 
5.16
FUTURE APPLICATIONS IN ELECTRIC TWO WHEELER ECOSYSTEM
 
 
 
 
 
 
5.16.1
BATTERY INNOVATIONS AND ENERGY STORAGE SYSTEMS
 
 
 
 
 
5.16.1.1
SOLID-STATE AND SEMI-SOLID BATTERIES
 
 
 
 
5.16.1.2
FAST CHARGING AND SMART CHARGING INFRASTRUCTURE
 
 
 
 
5.16.1.3
BATTERY MANAGEMENT SYSTEMS
 
 
 
 
5.16.1.4
SECOND-LIFE & RECYCLING
 
 
 
5.16.2
SMART/ADAPTIVE RIDE MODES AND AI
 
 
 
 
 
5.16.2.1
PERSONALIZED RIDE MODES
 
 
 
 
5.16.2.2
TERRAIN AND TRAFFIC ADAPTATION
 
 
 
5.16.3
ADVANCED RIDER/VEHICLE SAFETY SYSTEMS
 
 
 
 
 
5.16.3.1
AI-BASED COLLISION AVOIDANCE
 
 
 
 
5.16.3.2
CONNECTED HELMETS & WEARABLES
 
 
 
 
5.16.3.3
BLIND-SPOT MONITORING & ALERTS
 
 
 
5.16.4
ADVANCED RIDER/VEHICLE SAFETY SYSTEMS
 
 
 
 
 
5.16.4.1
VALET PARKING & REMOTE SUMMON
 
 
 
 
5.16.4.2
SELF-BALANCING & SELF-RIGHTING CONCEPTS
 
 
 
 
5.16.4.3
CONVOY/RIDE-FOLLOWING MODES
 
 
5.17
MACROECONOMICS INDICATORS
 
 
 
 
 
5.17.1
INTRODUCTION
 
 
 
 
5.17.2
GDP TRENDS AND FORECAST
 
 
 
 
5.17.3
TRENDS IN GLOBAL TWO WHEELER INDUSTRY (INTERNAL COMBUSTION ENGINE AND ELECTRIC VEHICLES)
 
 
 
 
5.17.4
TRENDS IN GLOBAL AUTOMOTIVE & TRANSPORTATION INDUSTRY
 
 
 
5.18
TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
 
 
 
 
5.19
PRICING ANALYSIS
 
 
 
 
 
 
5.19.1
AVERAGE SELLING PRICE TREND, BY VEHICLE TYPE, 2022-2024
 
 
 
 
5.19.2
AVERAGE SELLING PRICE FOR VEHICLE TYPES BY KEY PLAYERS, 2024
 
 
 
 
5.19.3
AVERAGE SELLING PRICE TREND, BY REGION, 2022-2024
 
 
 
5.20
ECOSYSTEM ANALYSIS
 
 
 
 
 
 
5.20.1
RAW MATERIAL SUPPLIERS
 
 
 
 
5.20.2
COMPONENT SUPPLIERS
 
 
 
 
5.20.3
BATTERY PACK MANUFACTURERS/SUPPLIERS
 
 
 
 
5.20.4
CHARGING INFRASTRUCTURE PROVIDERS
 
 
 
 
5.20.5
ELECTRIC SCOOTER AND MOTORCYCLE MANUFACTURERS
 
 
 
5.21
SUPPLY CHAIN ANALYSIS
 
 
 
 
 
5.22
CASE STUDY ANALYSIS
 
 
 
 
 
5.22.1
GENZE PARTNERED WITH LEEWAYHERTZ FOR INTEGRATION OF ELECTRIC SCOOTER WITH MOBILE APP
 
 
 
 
5.22.2
HERO ELECTRIC PARTNERED WITH EBIKEGO TO TRANSFORM LAST-MILE DELIVERIES
 
 
 
 
5.22.3
ZYPP ELECTRIC TO USE HERO ELECTRIC BIKES TO ELECTRIFY 100% LAST-MILE DELIVERY BY 2025
 
 
 
5.23
INVESTMENT AND FUNDING SCENARIO
 
 
 
 
5.24
TRADE ANALYSIS
 
 
 
 
 
 
5.24.1
IMPORT SCENARIO (HS CODE 871190)
 
 
 
 
5.24.2
EXPORT SCENARIO (HS CODE 871190)
 
 
 
5.25
KEY CONFERENCES AND EVENTS, 2025-2026
 
 
 
 
5.26
DECISION-MAKING PROCESS
 
 
 
 
5.27
BUYER STAKEHOLDERS AND BUYING EVALUATION CRITERIA
 
 
 
 
 
5.27.1
KEY STAKEHOLDERS IN BUYING PROCESS
 
 
 
 
5.27.2
BUYING CRITERIA
 
 
 
5.28
ADOPTION BARRIERS AND INTERNAL CHALLENGES
 
 
 
 
5.29
REGULATORY LANDSCAPE AND COMPLIANCE
 
 
 
 
 
5.29.1
INDUSTRY STANDARDS
 
 
 
 
 
5.29.1.1
INDIA
 
 
 
 
5.29.1.2
THAILAND
 
 
 
 
5.29.1.3
VIETNAM
 
 
 
5.29.2
REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
5.30
SUSTAINABILITY INITIATIVES
 
 
 
 
 
5.30.1
CARBON FOOTPRINT REDUCTION THROUGH GREEN MANUFACTURING
 
 
 
 
 
5.30.1.1
RENEWABLE ENERGY IN FACTORIES
 
 
 
 
5.30.1.2
MATERIALS AND EFFICIENCY
 
 
 
 
5.30.1.3
CERTIFICATIONS AND TARGETS
 
 
 
5.30.2
ECO-APPLICATIONS AND ENVIRONMENTAL BENEFITS OF ELECTRIFICATION
 
 
 
 
5.30.3
LIFE-CYCLE ASSESSMENT (LCA) OF ELECTRIC TWO WHEELERS
 
 
 
 
 
5.30.3.1
ENERGY AND EMISSIONS BY PHASE
 
 
 
 
5.30.3.2
BATTERY PRODUCTION IMPACT
 
6
ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE
Market Size & Growth Rate Forecast Analysis to 2032 in USD Million and Units | 14 Data Tables
 
 
 
143
 
6.1
INTRODUCTION
 
 
 
 
 
6.1.1
OPERATIONAL DATA
 
 
 
6.2
E-SCOOTER/MOPED
 
 
 
 
 
6.2.1
GROWING FOCUS ON REDUCED EMISSIONS AND SUSTAINABLE MODELS TO DRIVE MARKET
 
 
 
6.3
E-MOTORCYCLE
 
 
 
 
 
6.3.1
RISING DEMAND FOR HIGH-PERFORMANCE AND LOW-MAINTENANCE MODELS TO DRIVE MARKET
 
 
 
6.4
KEY PRIMARY INSIGHTS
 
 
 
7
ELECTRIC TWO WHEELER MARKET, BY VEHICLE CLASS
Market Size & Growth Rate Forecast Analysis to 2032 in USD Million and Units | 13 Data Tables
 
 
 
153
 
7.1
INTRODUCTION
 
 
 
 
 
7.1.1
OPERATIONAL DATA
 
 
 
7.2
ECONOMY
 
 
 
 
 
7.2.1
AVAILABILITY OF BUDGET-FRIENDLY FINANCING AND LEASING OPTIONS TO DRIVE MARKET
 
 
 
7.3
LUXURY
 
 
 
 
 
7.3.1
DEMAND FOR PREMIUM FEATURES AND TECHNOLOGY IN ELECTRIC TWO WHEELERS TO DRIVE MARKET
 
 
 
7.4
PRIMARY INSIGHTS
 
 
 
8
ELECTRIC TWO WHEELER MARKET, BY VOLTAGE TYPE
Market Size & Growth Rate Forecast Analysis to 2032 in USD Million and Units | 26 Data Tables
 
 
 
162
 
8.1
INTRODUCTION
 
 
 
 
 
8.1.1
OPERATIONAL DATA
 
 
 
8.2
36 V
 
 
 
 
 
8.2.1
INCREASING DEMAND FOR SHORT COMMUTES TO DRIVE GROWTH
 
 
 
8.3
48 V
 
 
 
 
 
8.3.1
NEED FOR ADEQUATE POWER AND RANGE FOR URBAN AND SUBURBAN COMMUTING TO DRIVE GROWTH
 
 
 
8.4
60 V
 
 
 
 
 
8.4.1
EMERGING DEMAND FOR HIGH-PERFORMANCE ELECTRIC SCOOTERS TO DRIVE GROWTH
 
 
 
8.5
72 V
 
 
 
 
 
8.5.1
IMPROVED BATTERY TECHNOLOGY AND CHARGING INFRASTRUCTURE TO DRIVE GROWTH
 
 
 
8.6
ABOVE 72 V
 
 
 
 
 
8.6.1
INCREASED RANGE POTENTIAL AND HIGH-PERFORMANCE NEEDS TO DRIVE GROWTH
 
 
 
8.7
KEY PRIMARY INSIGHTS
 
 
 
9
ELECTRIC TWO WHEELER MARKET, BY BATTERY TYPE
Market Size & Growth Rate Forecast Analysis to 2032 in USD Million and Units | 15 Data Tables
 
 
 
177
 
9.1
INTRODUCTION
 
 
 
 
 
9.1.1
OPERATIONAL DATA
 
 
 
9.2
SEALED LEAD-ACID
 
 
 
 
 
9.2.1
LOW RANGE AND PERFORMANCE TO DECREASE DEMAND
 
 
 
9.3
LITHIUM-ION
 
 
 
 
 
9.3.1
ADVANCEMENTS IN BATTERY TECHNOLOGY TO DRIVE MARKET
 
 
 
9.4
NICKEL METAL HYDRIDE (NIMH)
 
 
 
 
9.5
SODIUM-ION
 
 
 
 
9.6
PRIMARY INSIGHTS
 
 
 
10
ELECTRIC TWO WHEELER MARKET, BY DISTANCE COVERED
Market Size & Growth Rate Forecast Analysis to 2032 in USD Million and Units | 17 Data Tables
 
 
 
187
 
10.1
INTRODUCTION
 
 
 
 
 
10.1.1
OPERATIONAL DATA
 
 
 
10.2
BELOW 75 MILES
 
 
 
 
 
10.2.1
DOMINANT USE IN CITIES FOR SHORT COMMUTES TO DRIVE MARKET
 
 
 
10.3
75–100 MILES
 
 
 
 
 
10.3.1
VERSATILITY AND RANGE ANXIETY REDUCTION TO DRIVE MARKET
 
 
 
10.4
ABOVE 100 MILES
 
 
 
 
 
10.4.1
DEVELOPMENTS IN BATTERY TECHNOLOGY TO DRIVE MARKET
 
 
 
10.5
PRIMARY INSIGHTS
 
 
 
11
ELECTRIC TWO WHEELER MARKET, BY USAGE
Market Size & Growth Rate Forecast Analysis to 2032 in USD Million and Units | 13 Data Tables
 
 
 
197
 
11.1
INTRODUCTION
 
 
 
 
 
11.1.1
OPERATIONAL DATA
 
 
 
11.2
PRIVATE
 
 
 
 
 
11.2.1
NEW RANGE OF PRODUCTS WITH REDUCED PRICES TO DRIVE MARKET
 
 
 
11.3
COMMERCIAL
 
 
 
 
 
11.3.1
OPERATIONAL AND COST EFFICIENCY TO DRIVE MARKET
 
 
 
11.4
PRIMARY INSIGHTS
 
 
 
12
ELECTRIC TWO WHEELER MARKET, BY TECHNOLOGY TYPE
Market Size & Growth Rate Forecast Analysis to 2032 in USD Million and Units | 14 Data Tables
 
 
 
205
 
12.1
INTRODUCTION
 
 
 
 
 
12.1.1
OPERATIONAL DATA
 
 
 
12.2
PLUG-IN
 
 
 
 
 
12.2.1
INCREASING NUMBER OF PUBLIC FAST CHARGING STATIONS FOR ELECTRIC TWO WHEELERS TO DRIVE MARKET
 
 
 
12.3
BATTERY
 
 
 
 
 
12.3.1
ENABLES QUICK REFUELING BY EXCHANGING DEPLETED BATTERIES FOR FULLY CHARGED ONES AT DESIGNATED STATIONS
 
 
 
12.4
PRIMARY INSIGHTS
 
 
 
13
ELECTRIC SCOOTER MARKET, BY MOTOR TYPE
Market Size & Growth Rate Forecast Analysis to 2032 in USD Million and Units | 13 Data Tables
 
 
 
214
 
13.1
INTRODUCTION
 
 
 
 
 
13.1.1
OPERATIONAL DATA
 
 
 
13.2
MID-DRIVE MOTOR
 
 
 
 
 
13.2.1
HIGH TORQUE ADVANTAGE TO DRIVE MARKET
 
 
 
13.3
HUB MOTOR
 
 
 
 
 
13.3.1
INCREASING PRODUCTION OF VEHICLES WITH IN-WHEEL ELECTRIC MOTORS TO DRIVE MARKET
 
 
 
13.4
OTHERS
 
 
 
 
13.5
PRIMARY INSIGHTS
 
 
 
14
ELECTRIC TWO WHEELER MARKET, BY MOTOR POWER
Market Size & Growth Rate Forecast Analysis to 2032 in USD Million and Units | 17 Data Tables
 
 
 
222
 
14.1
INTRODUCTION
 
 
 
 
 
14.1.1
OPERATIONAL DATA
 
 
 
14.2
LESS THAN 1.5 KW
 
 
 
 
 
14.2.1
LOWER PRICE TAG THAN HIGHER-POWERED MODELS TO DRIVE MARKET
 
 
 
14.3
1.5–3 KW
 
 
 
 
 
14.3.1
IMPROVED PERFORMANCE COMPARED TO LOWER-POWERED MODELS TO DRIVE MARKET
 
 
 
14.4
ABOVE 3 KW
 
 
 
 
 
14.4.1
DEMAND FOR HIGH SPEED AND ACCELERATION WITH LONGER RANGE TO DRIVE MARKET
 
 
 
14.5
KEY PRIMARY INSIGHTS
 
 
 
15
ELECTRIC TWO WHEELER MARKET, BY REGION
Comprehensive coverage of 3 Regions with country-level deep-dive of 17 Countries | 104 Data Tables.
 
 
 
232
 
15.1
INTRODUCTION
 
 
 
 
15.2
ASIA PACIFIC
 
 
 
 
 
15.2.1
MACROECONOMIC OUTLOOK
 
 
 
 
15.2.2
CHINA
 
 
 
 
 
15.2.2.1
INCREASING DEMAND FOR ELECTRIC SCOOTERS/MOPEDS IN METROPOLITAN CITIES TO DRIVE MARKET
 
 
 
15.2.3
JAPAN
 
 
 
 
 
15.2.3.1
INVESTMENT IN CHARGING INFRASTRUCTURE AND BATTERY SWAPPING TECHNOLOGIES TO DRIVE MARKET
 
 
 
15.2.4
INDIA
 
 
 
 
 
15.2.4.1
INTRODUCTION OF BATTERY-AS-A-SERVICE MODEL TO DRIVE MARKET
 
 
 
15.2.5
SOUTH KOREA
 
 
 
 
 
15.2.5.1
LAUNCH OF INNOVATIVE MODELS BY DOMESTIC OEMS TO DRIVE MARKET
 
 
 
15.2.6
TAIWAN
 
 
 
 
 
15.2.6.1
FOCUS ON ADVANCED ELECTRIC TWO WHEELER TECHNOLOGIES THAT ARE ENERGY-EFFICIENT AND ENVIRONMENTALLY FRIENDLY TO DRIVE MARKET
 
 
 
15.2.7
THAILAND
 
 
 
 
 
15.2.7.1
STRONG GOVERNMENT SUPPORT FOR ELECTRIC VEHICLE ADOPTION TO DRIVE MARKET
 
 
 
15.2.8
INDONESIA
 
 
 
 
 
15.2.8.1
GROWTH OF ONLINE SALES OF ELECTRIC VEHICLES AND DOMESTIC MANUFACTURING TO DRIVE MARKET
 
 
 
15.2.9
MALAYSIA
 
 
 
 
 
15.2.9.1
INTRODUCTION OF BATTERY SWAPPING POINTS TO DRIVE MARKET
 
 
 
15.2.10
PHILIPPINES
 
 
 
 
 
15.2.10.1
GROWING EV ECOSYSTEM TO SUPPORT MARKET GROWTH
 
 
 
15.2.11
VIETNAM
 
 
 
 
 
15.2.11.1
SHIFT TOWARD SUSTAINABLE TRANSPORTATION TO DRIVE MARKET
 
 
15.3
EUROPE
 
 
 
 
 
15.3.1
MACROECONOMIC OUTLOOK
 
 
 
 
15.3.2
FRANCE
 
 
 
 
 
15.3.2.1
GOVERNMENT INCENTIVE PROGRAMS TO FUEL MARKET
 
 
 
15.3.3
GERMANY
 
 
 
 
 
15.3.3.1
GROWING DEMAND FOR ENERGY-EFFICIENT COMMUTING MODES TO DRIVE MARKET
 
 
 
15.3.4
SPAIN
 
 
 
 
 
15.3.4.1
NECP’S PLAN FOR FIVE MILLION ELECTRIC VEHICLES ON ROAD BY 2030 TO DRIVE MARKET
 
 
 
15.3.5
AUSTRIA
 
 
 
 
 
15.3.5.1
SUBSIDIES AND TAX EXEMPTIONS FOR ELECTRIC TWO WHEELERS TO DRIVE MARKET
 
 
 
15.3.6
UK
 
 
 
 
 
15.3.6.1
INCREASING CONCERNS REGARDING TWO WHEELER CARBON EMISSIONS TO DRIVE MARKET
 
 
 
15.3.7
ITALY
 
 
 
 
 
15.3.7.1
INCREASING PRESENCE OF KEY PLAYERS TO SUPPORT MARKET GROWTH
 
 
 
15.3.8
BELGIUM
 
 
 
 
 
15.3.8.1
STRONG GOVERNMENT SUPPORT TO PROMOTE ELECTRIC TWO WHEELERS TO DRIVE MARKET
 
 
 
15.3.9
NETHERLANDS
 
 
 
 
 
15.3.9.1
DEVELOPMENT OF CHARGING INFRASTRUCTURE TO DRIVE MARKET
 
 
 
15.3.10
POLAND
 
 
 
 
 
15.3.10.1
GROWING FOCUS ON EMISSION REDUCTION TO DRIVE MARKET
 
 
 
15.3.11
DENMARK
 
 
 
 
 
15.3.11.1
GOVERNMENT SUPPORT TO DEVELOP CHARGING INFRASTRUCTURE TO DRIVE MARKET
 
 
15.4
NORTH AMERICA
 
 
 
 
 
15.4.1
MACROECONOMIC OUTLOOK
 
 
 
 
15.4.2
US
 
 
 
 
 
15.4.2.1
R&D OF NEW EV-RELATED TECHNOLOGIES TO DRIVE MARKET
 
 
 
15.4.3
CANADA
 
 
 
 
 
15.4.3.1
HIGH DEMAND FOR ELECTRIC SCOOTERS AMONG YOUNG POPULATION TO DRIVE MARKET
 
16
COMPETITIVE LANDSCAPE
Uncover top strategies and market leaders shaping the electric two-wheeler landscape.
 
 
 
284
 
16.1
OVERVIEW
 
 
 
 
16.2
KEY PLAYER STRATEGIES/RIGHT TO WIN, 2022–2025
 
 
 
 
16.3
MARKET SHARE ANALYSIS OF ELECTRIC TWO WHEELER PROVIDERS, 2024
 
 
 
 
 
16.4
REVENUE ANALYSIS, 2020–2024
 
 
 
 
 
16.5
COMPANY VALUATION AND FINANCIAL METRICS
 
 
 
 
 
16.5.1
COMPANY VALUATION
 
 
 
 
16.5.2
FINANCIAL METRICS
 
 
 
16.6
PRODUCT COMPARISON
 
 
 
 
 
16.7
COMPANY EVALUATION MATRIX
 
 
 
 
 
 
16.7.1
STARS
 
 
 
 
16.7.2
EMERGING LEADERS
 
 
 
 
16.7.3
PERVASIVE PLAYERS
 
 
 
 
16.7.4
PARTICIPANTS
 
 
 
 
16.7.5
COMPANY FOOTPRINT
 
 
 
16.8
STARTUP/SME EVALUATION MATRIX
 
 
 
 
 
 
16.8.1
PROGRESSIVE COMPANIES
 
 
 
 
16.8.2
RESPONSIVE COMPANIES
 
 
 
 
16.8.3
DYNAMIC COMPANIES
 
 
 
 
16.8.4
STARTING BLOCKS
 
 
 
 
16.8.5
COMPETITIVE BENCHMARKING
 
 
 
 
 
16.8.5.1
KEY STARTUPS/SMES
 
 
 
 
16.8.5.2
COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
 
 
16.9
COMPETITIVE SCENARIO
 
 
 
 
 
16.9.1
PRODUCT LAUNCHES/DEVELOPMENTS
 
 
 
 
16.9.2
DEALS
 
 
 
 
16.9.3
EXPANSIONS
 
 
 
 
16.9.4
OTHER DEVELOPMENTS
 
 
17
COMPANY PROFILES
In-depth Company Profiles of Leading Market Players with detailed Business Overview, Product and Service Portfolio, Recent Developments, and Unique Analyst Perspective (MnM View)
 
 
 
303
 
17.1
KEY PLAYERS
 
 
 
 
 
17.1.1
OLA ELECTRIC
 
 
 
 
 
17.1.1.1
BUSINESS OVERVIEW
 
 
 
 
17.1.1.2
PRODUCTS OFFERED
 
 
 
 
17.1.1.3
RECENT DEVELOPMENTS
 
 
 
 
17.1.1.4
MNM VIEW
 
 
 
17.1.2
BAJAJ AUTO LTD.
 
 
 
 
17.1.3
TVS MOTOR COMPANY
 
 
 
 
17.1.4
ATHER ENERGY
 
 
 
 
17.1.5
YADEA TECHNOLOGY GROUP CO., LTD.
 
 
 
 
17.1.6
HERO ELECTRIC
 
 
 
 
17.1.7
GOGORO
 
 
 
 
17.1.8
VMOTO LIMITED
 
 
 
 
17.1.9
NIU INTERNATIONAL
 
 
 
 
17.1.10
JIANGSU XINRI E-VEHICLE CO., LTD.
 
 
 
 
17.1.11
IDEANOMICS, INC.
 
 
 
 
17.1.12
ASKOLL EVA S.P.A.
 
 
 
17.2
OTHER PLAYERS
 
 
 
 
 
17.2.1
ULTRAVIOLETTE AUTOMOTIVE
 
 
 
 
17.2.2
REVOLT INTELLICORP PRIVATE LIMITED (REVOLT MOTORS)
 
 
 
 
17.2.3
Z ELECTRIC VEHICLE
 
 
 
 
17.2.4
CAKE
 
 
 
 
17.2.5
LIGHTNING MOTORCYCLES
 
 
 
 
17.2.6
JOHAMMER E-MOBILITY GMBH
 
 
 
 
17.2.7
PIAGGIO GROUP
 
 
 
 
17.2.8
KTM AG
 
 
 
 
17.2.9
HARLEY DAVIDSON
 
 
 
 
17.2.10
BMW GROUP
 
 
 
 
17.2.11
AIMA TECHNOLOGY GROUP CO., LTD.
 
 
 
 
17.2.12
HONDA MOTOR CO., LTD.
 
 
 
 
17.2.13
GREAVES ELECTRIC MOBILITY PRIVATE LIMITED (AMPERE VEHICLES)
 
 
 
 
17.2.14
DONGGUAN TAILING ELECTRIC VEHICLE CO., LTD.
 
 
 
 
17.2.15
CEZETA
 
 
 
 
17.2.16
TERRA MOTORS CORPORATION
 
 
 
 
17.2.17
NEXZU MOBILITY LTD. (AVAN MOTORS INDIA)
 
 
 
 
17.2.18
EMFLUX MOTORS
 
 
 
 
17.2.19
MAHINDRA & MAHINDRA LTD.
 
 
 
 
17.2.20
DAMON MOTORS INC.
 
 
 
 
17.2.21
VIAR MOTOR INDONESIA
 
 
 
 
17.2.22
SELIS
 
 
 
 
17.2.23
GESITS
 
 
 
 
17.2.24
UNITED E-MOTOR
 
 
 
 
17.2.25
SMOOT ELEKTRIK
 
 
 
 
17.2.26
PT VOLTA INDONESIA SEMESTA (VOLTA)
 
 
 
 
17.2.27
ALVA
 
 
 
 
17.2.28
NUSA MOTORS
 
 
 
 
17.2.29
BF GOODRICH
 
 
18
APPENDIX
 
 
 
372
 
18.1
DISCUSSION GUIDE
 
 
 
 
18.2
KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
 
 
 
 
18.3
CUSTOMIZATION OPTIONS
 
 
 
 
 
18.3.1
ELECTRIC SCOOTER MARKET, BY BATTERY TYPE AT COUNTRY LEVEL (FOR COUNTRIES COVERED IN THE REPORT)
 
 
 
 
18.3.2
PROFILING OF ADDITIONAL MARKET PLAYERS (UP TO 5)
 
 
 
18.4
RELATED REPORTS
 
 
 
 
18.5
AUTHOR DETAILS
 
 
 
LIST OF TABLES
 
 
 
 
 
TABLE 1
ELECTRIC TWO WHEELER MARKET DEFINITION, BY VEHICLE TYPE
 
 
 
 
TABLE 2
ELECTRIC TWO WHEELER MARKET DEFINITION, BY BATTERY TYPE
 
 
 
 
TABLE 3
ELECTRIC TWO WHEELER MARKET DEFINITION, BY TECHNOLOGY TYPE
 
 
 
 
TABLE 4
ELECTRIC TWO WHEELER MARKET DEFINITION, BY VEHICLE CLASS
 
 
 
 
TABLE 5
ELECTRIC TWO WHEELER MARKET DEFINITION, BY USAGE
 
 
 
 
TABLE 6
ELECTRIC TWO WHEELER MARKET DEFINITION, BY MOTOR TYPE
 
 
 
 
TABLE 7
ELECTRIC TWO WHEELER MARKET DEFINITION, BY MOTOR POWER
 
 
 
 
TABLE 8
ELECTRIC TWO WHEELER MARKET DEFINITION, BY DISTANCE COVERED
 
 
 
 
TABLE 9
ELECTRIC TWO WHEELER MARKET DEFINITION, BY VOLTAGE TYPE
 
 
 
 
TABLE 10
ELECTRIC TWO WHEELER MARKET: INCLUSIONS AND EXCLUSIONS
 
 
 
 
TABLE 11
USD EXCHANGE RATES
 
 
 
 
TABLE 12
ELECTRIFICATION TARGETS OF KEY COUNTRIES IN ASIA PACIFIC
 
 
 
 
TABLE 13
ELECTRIC VEHICLE CHARGING POINTS, BY EMERGING ECONOMIES, 2024
 
 
 
 
TABLE 14
MODEL-WISE DRIVING RANGE OF ELECTRIC SCOOTERS AND MOTORCYCLES
 
 
 
 
TABLE 15
TIME REQUIRED TO CHARGE ELECTRIC SCOOTERS AND MOTORCYCLES
 
 
 
 
TABLE 16
IMPACT OF MARKET DYNAMICS
 
 
 
 
TABLE 17
PATENT ANALYSIS
 
 
 
 
TABLE 18
OEMS WITH SUBSCRIPTION-BASED AND LEASING MODELS
 
 
 
 
TABLE 19
OEMS ADOPTING BATTERY SWAPPING AND ENERGY-AS-A-SERVICE BUSINESS MODELS
 
 
 
 
TABLE 20
COMPANIES ADOPTING SHARED MOBILITY AND FLEET ELECTRIFICATION BUSINESS MODELS
 
 
 
 
TABLE 21
OEMS OFFERING BAAS IN ELECTRIC TWO WHEELERS
 
 
 
 
TABLE 22
BILL OF MATERIALS FOR ELECTRIC SCOOTERS IN 2025
 
 
 
 
TABLE 23
BILL OF MATERIALS FOR ICE SCOOTERS IN 2025
 
 
 
 
TABLE 24
BILL OF MATERIALS FOR ELECTRIC MOTORCYCLES IN 2025
 
 
 
 
TABLE 25
BILL OF MATERIALS FOR ICE MOTORCYCLES IN 2025
 
 
 
 
TABLE 26
TCO COMPARISON: ELECTRIC VS. ICE SCOOTERS
 
 
 
 
TABLE 27
PRODUCTION CAPACITY OF KEY OEMS
 
 
 
 
TABLE 28
ANALYSIS OF MOTOR POWER AND VEHICLE RANGE ACROSS VOLTAGE LEVEL
 
 
 
 
TABLE 29
GDP PERCENTAGE CHANGE, BY KEY COUNTRY, 2021–2030
 
 
 
 
TABLE 30
AVERAGE SELLING PRICE TREND, BY VEHICLE TYPE, 2022-2024 (USD)
 
 
 
 
TABLE 31
AVERAGE SELLING PRICE OF ELECTRIC SCOOTERS BY KEY PLAYERS, 2024 (USD)
 
 
 
 
TABLE 32
AVERAGE SELLING PRICE OF ELECTRIC MOTORCYCLES BY KEY PLAYERS, 2024 (USD)
 
 
 
 
TABLE 33
AVERAGE SELLING PRICE TREND FOR ELECTRIC SCOOTERS, BY REGION, 2022-2024 (USD/UNIT)
 
 
 
 
TABLE 34
AVERAGE SELLING PRICE TREND FOR ELECTRIC MOTORCYCLES, BY REGION, 2022-2024 (USD/UNIT)
 
 
 
 
TABLE 35
ELECTRIC TWO WHEELER MARKET: ROLE OF COMPANIES IN ECOSYSTEM
 
 
 
 
TABLE 36
IMPORT DATA FOR HS CODE 871190, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 37
EXPORT DATA FOR HS CODE 871190, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 38
ELECTRIC TWO WHEELER MARKET: KEY CONFERENCES AND EVENTS, 2025–2026
 
 
 
 
TABLE 39
INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR ELECTRIC TWO WHEELERS (%)
 
 
 
 
TABLE 40
KEY BUYING CRITERIA
 
 
 
 
TABLE 41
SUBSIDY UNDER FAME II, BY VEHICLE TYPE
 
 
 
 
TABLE 42
CENTRAL AND STATE TAXES AND FEES FOR SELECT VEHICLES IN INDIA
 
 
 
 
TABLE 43
INDIA: GOVERNMENT INCENTIVES, BY STATE
 
 
 
 
TABLE 44
NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 45
EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 46
ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 47
STRATEGIC GREEN MANUFACTURING ACTIONS BY OEMS
 
 
 
 
TABLE 48
CONVENTIONAL VS. BATTERY ELECTRIC SCOOTER/MOPED AND MOTORCYCLE
 
 
 
 
TABLE 49
ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 50
ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 51
ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 52
ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 53
POPULAR E-SCOOTER/MOPED AND E-MOTORCYCLE MODELS WORLDWIDE
 
 
 
 
TABLE 54
E-SCOOTER/MOPED: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 55
E-SCOOTER/MOPED: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 56
E-SCOOTER/MOPED: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 57
E-SCOOTER/MOPED: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 58
E-MOTORCYCLE: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 59
E-MOTORCYCLE: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 60
E-MOTORCYCLE: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 61
E-MOTORCYCLE: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 62
ELECTRIC TWO WHEELER MARKET, BY VEHICLE CLASS, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 63
ELECTRIC TWO WHEELER MARKET, BY VEHICLE CLASS, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 64
ELECTRIC TWO WHEELER MARKET, BY VEHICLE CLASS, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 65
ELECTRIC TWO WHEELER MARKET, BY VEHICLE CLASS, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 66
E-SCOOTER/MOPED AND E-MOTORCYCLE MODELS WORLDWIDE
 
 
 
 
TABLE 67
ECONOMY: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 68
ECONOMY: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 69
ECONOMY: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 70
ECONOMY: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 71
LUXURY: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 72
LUXURY: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 73
LUXURY: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 74
LUXURY: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 75
ELECTRIC SCOOTERS OFFERED BY OEMS, BY VOLTAGE TYPE
 
 
 
 
TABLE 76
ELECTRIC TWO WHEELER MARKET, BY VOLTAGE TYPE, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 77
ELECTRIC TWO WHEELER MARKET, BY VOLTAGE TYPE, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 78
ELECTRIC TWO WHEELER MARKET, BY VOLTAGE TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 79
ELECTRIC TWO WHEELER MARKET, BY VOLTAGE TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 80
POPULAR E-SCOOTER/MOPED AND E-MOTORCYCLE MODELS AND THEIR BATTERY VOLTAGE
 
 
 
 
TABLE 81
36 V: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 82
36 V: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 83
36 V: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 84
36 V: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 85
48 V: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 86
48 V: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 87
48 V: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 88
48 V: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 89
60 V: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 90
60 V: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 91
60 V: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 92
60 V: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 93
72 V: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 94
72 V: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 95
72 V: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 96
72 V: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 97
ABOVE 72 V: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 98
ABOVE 72 V: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 99
ABOVE 72 V: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 100
ABOVE 72 V: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 101
LITHIUM-ION VS. LEAD-ACID BATTERIES
 
 
 
 
TABLE 102
ELECTRIC TWO WHEELER MARKET, BY BATTERY TYPE, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 103
ELECTRIC TWO WHEELER MARKET, BY BATTERY TYPE, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 104
ELECTRIC TWO WHEELER MARKET, BY BATTERY TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 105
ELECTRIC TWO WHEELER MARKET, BY BATTERY TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 106
POPULAR ELECTRIC SCOOTERS, BY BATTERY TYPE
 
 
 
 
TABLE 107
SEALED LEAD-ACID: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 108
SEALED LEAD-ACID: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 109
SEALED LEAD-ACID: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 110
SEALED LEAD-ACID: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 111
COMPARATIVE EVALUATION OF ELECTRIC VEHICLES USING LITHIUM-ION BATTERIES
 
 
 
 
TABLE 112
LITHIUM-ION: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 113
LITHIUM-ION: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 114
LITHIUM-ION: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 115
LITHIUM-ION: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 116
ELECTRIC TWO WHEELER MARKET, BY DISTANCE COVERED, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 117
ELECTRIC TWO WHEELER MARKET, BY DISTANCE COVERED 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 118
ELECTRIC TWO WHEELER MARKET, BY DISTANCE COVERED, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 119
ELECTRIC TWO WHEELER MARKET, BY DISTANCE COVERED, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 120
POPULAR ELECTRIC SCOOTERS/MOPEDS AND MOTORCYCLES WITH RANGE
 
 
 
 
TABLE 121
BELOW 75 MILES: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 122
BELOW 75 MILES: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 123
BELOW 75 MILES: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 124
BELOW 75 MILES: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 125
75–100 MILES: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 126
75–100 MILES: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 127
75–100 MILES: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 128
75–100 MILES: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 129
ABOVE 100 MILES: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 130
ABOVE 100 MILES: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 131
ABOVE 100 MILES: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 132
ABOVE 100 MILES: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 133
ELECTRIC TWO WHEELER MARKET, BY USAGE, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 134
ELECTRIC TWO WHEELER MARKET, BY USAGE, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 135
ELECTRIC TWO WHEELER MARKET, BY USAGE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 136
ELECTRIC TWO WHEELER MARKET, BY USAGE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 137
E-SCOOTER/MOPED AND E-MOTORCYCLE MODELS BY USAGE
 
 
 
 
TABLE 138
PRIVATE: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 139
PRIVATE: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 140
PRIVATE: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 141
PRIVATE: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 142
COMMERCIAL: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 143
COMMERCIAL: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 144
COMMERCIAL: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 145
COMMERCIAL: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 146
ELECTRIC TWO WHEELER MARKET, BY TECHNOLOGY TYPE, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 147
ELECTRIC TWO WHEELER MARKET, BY TECHNOLOGY TYPE, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 148
ELECTRIC TWO WHEELER MARKET, BY TECHNOLOGY TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 149
ELECTRIC TWO WHEELER MARKET, BY TECHNOLOGY TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 150
E-SCOOTER/MOPED AND E-MOTORCYCLE MODELS WITH DIFFERENT CHARGING TECHNOLOGIES
 
 
 
 
TABLE 151
PLUG-IN CHARGING VS. BATTERY CHARGING
 
 
 
 
TABLE 152
PLUG-IN: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 153
PLUG-IN: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 154
PLUG-IN: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 155
PLUG-IN: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 156
BATTERY: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 157
BATTERY: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 158
BATTERY: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 159
BATTERY: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 160
ELECTRIC TWO WHEELER MARKET, BY MOTOR TYPE, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 161
ELECTRIC TWO WHEELER MARKET, BY MOTOR TYPE, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 162
ELECTRIC TWO WHEELER MARKET, BY MOTOR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 163
ELECTRIC TWO WHEELER MARKET, BY MOTOR TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 164
POPULAR E-SCOOTER/MOPED AND E-MOTORCYCLE MODELS, BY MOTOR TYPE
 
 
 
 
TABLE 165
MID-DRIVE MOTOR: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 166
MID-DRIVE MOTOR: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 167
MID-DRIVE MOTOR: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 168
MID-DRIVE MOTOR: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 169
HUB MOTOR: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 170
HUB MOTOR: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 171
HUB MOTOR: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 172
HUB MOTOR: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 173
ELECTRIC TWO WHEELER MARKET, BY MOTOR POWER, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 174
ELECTRIC TWO WHEELER MARKET, BY MOTOR POWER, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 175
ELECTRIC TWO WHEELER MARKET, BY MOTOR POWER, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 176
ELECTRIC TWO WHEELER MARKET, BY MOTOR POWER, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 177
POPULAR E-SCOOTER/MOPED AND E-MOTORCYCLE MODELS, BY MOTOR POWER
 
 
 
 
TABLE 178
LESS THAN 1.5 KW: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 179
LESS THAN 1.5 KW: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 180
LESS THAN 1.5 KW: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 181
LESS THAN 1.5 KW: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 182
1.5–3 KW: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 183
1.5–3 KW: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 184
1.5–3 KW: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 185
1.5–3 KW: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 186
ABOVE 3 KW: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 187
ABOVE 3 KW: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 188
ABOVE 3 KW: ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 189
ABOVE 3 KW: ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 190
ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 191
ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 192
ELECTRIC TWO WHEELER MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 193
ELECTRIC TWO WHEELER MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 194
ASIA PACIFIC: ELECTRIC TWO WHEELER MARKET, BY COUNTRY, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 195
ASIA PACIFIC: ELECTRIC TWO WHEELER MARKET, BY COUNTRY, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 196
ASIA PACIFIC: ELECTRIC TWO WHEELER MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 197
ASIA PACIFIC: ELECTRIC TWO WHEELER MARKET, BY COUNTRY, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 198
CHINA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (UNITS)
 
 
 
 
TABLE 199
CHINA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (UNITS)
 
 
 
 
TABLE 200
CHINA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 201
CHINA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 202
JAPAN: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (UNITS)
 
 
 
 
TABLE 203
JAPAN: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (UNITS)
 
 
 
 
TABLE 204
JAPAN: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 205
JAPAN: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 206
INDIA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (UNITS)
 
 
 
 
TABLE 207
INDIA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (UNITS)
 
 
 
 
TABLE 208
INDIA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 209
INDIA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 210
SOUTH KOREA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (UNITS)
 
 
 
 
TABLE 211
SOUTH KOREA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (UNITS)
 
 
 
 
TABLE 212
SOUTH KOREA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 213
SOUTH KOREA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 214
TAIWAN: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (UNITS)
 
 
 
 
TABLE 215
TAIWAN: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (UNITS)
 
 
 
 
TABLE 216
TAIWAN: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 217
TAIWAN: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 218
THAILAND: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (UNITS)
 
 
 
 
TABLE 219
THAILAND: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (UNITS)
 
 
 
 
TABLE 220
THAILAND: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 221
THAILAND: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 222
INDONESIA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (UNITS)
 
 
 
 
TABLE 223
INDONESIA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (UNITS)
 
 
 
 
TABLE 224
INDONESIA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 225
INDONESIA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 226
MALAYSIA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (UNITS)
 
 
 
 
TABLE 227
MALAYSIA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (UNITS)
 
 
 
 
TABLE 228
MALAYSIA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 229
MALAYSIA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 230
PHILIPPINES: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (UNITS)
 
 
 
 
TABLE 231
PHILIPPINES: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (UNITS)
 
 
 
 
TABLE 232
PHILIPPINES: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 233
PHILIPPINES: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 234
VIETNAM: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (UNITS)
 
 
 
 
TABLE 235
VIETNAM: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (UNITS)
 
 
 
 
TABLE 236
VIETNAM: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 237
VIETNAM: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 238
EUROPE: ELECTRIC TWO WHEELER MARKET, BY COUNTRY, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 239
EUROPE: ELECTRIC TWO WHEELER MARKET, BY COUNTRY, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 240
EUROPE: ELECTRIC TWO WHEELER MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 241
EUROPE: ELECTRIC TWO WHEELER MARKET, BY COUNTRY, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 242
FRANCE: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (UNITS)
 
 
 
 
TABLE 243
FRANCE: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (UNITS)
 
 
 
 
TABLE 244
FRANCE: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 245
FRANCE: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 246
GERMANY: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (UNITS)
 
 
 
 
TABLE 247
GERMANY: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (UNITS)
 
 
 
 
TABLE 248
GERMANY: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 249
GERMANY: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 250
SPAIN: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (UNITS)
 
 
 
 
TABLE 251
SPAIN: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (UNITS)
 
 
 
 
TABLE 252
SPAIN: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 253
SPAIN: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 254
AUSTRIA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (UNITS)
 
 
 
 
TABLE 255
AUSTRIA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (UNITS)
 
 
 
 
TABLE 256
AUSTRIA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 257
AUSTRIA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 258
UK: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (UNITS)
 
 
 
 
TABLE 259
UK: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (UNITS)
 
 
 
 
TABLE 260
UK: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 261
UK: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 262
ITALY: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (UNITS)
 
 
 
 
TABLE 263
ITALY: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (UNITS)
 
 
 
 
TABLE 264
ITALY: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 265
ITALY: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 266
BELGIUM: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (UNITS)
 
 
 
 
TABLE 267
BELGIUM: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (UNITS)
 
 
 
 
TABLE 268
BELGIUM: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 269
BELGIUM: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 270
NETHERLANDS: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (UNITS)
 
 
 
 
TABLE 271
NETHERLANDS: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (UNITS)
 
 
 
 
TABLE 272
NETHERLANDS: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 273
NETHERLANDS: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 274
POLAND: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (UNITS)
 
 
 
 
TABLE 275
POLAND: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (UNITS)
 
 
 
 
TABLE 276
POLAND: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 277
POLAND: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 278
DENMARK: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (UNITS)
 
 
 
 
TABLE 279
DENMARK: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (UNITS)
 
 
 
 
TABLE 280
DENMARK: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 281
DENMARK: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 282
NORTH AMERICA: ELECTRIC TWO WHEELER MARKET, BY COUNTRY, 2021–2024 (THOUSAND UNITS)
 
 
 
 
TABLE 283
NORTH AMERICA: ELECTRIC TWO WHEELER MARKET, BY COUNTRY, 2025–2032 (THOUSAND UNITS)
 
 
 
 
TABLE 284
NORTH AMERICA: ELECTRIC TWO WHEELER MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 285
NORTH AMERICA: ELECTRIC TWO WHEELER MARKET, BY COUNTRY, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 286
US: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (UNITS)
 
 
 
 
TABLE 287
US: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (UNITS)
 
 
 
 
TABLE 288
US: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 289
US: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 290
CANADA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (UNITS)
 
 
 
 
TABLE 291
CANADA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (UNITS)
 
 
 
 
TABLE 292
CANADA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 293
CANADA: ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 294
KEY PLAYER STRATEGIES/RIGHT TO WIN, 2022–2025
 
 
 
 
TABLE 295
DEGREE OF COMPETITION, 2024
 
 
 
 
TABLE 296
ELECTRIC TWO WHEELER MARKET: PRODUCT COMPARISON (KEY SCOOTER MODELS)
 
 
 
 
TABLE 297
ELECTRIC TWO WHEELER MARKET: PRODUCT COMPARISON (KEY MOTORCYCLE MODELS)
 
 
 
 
TABLE 298
ELECTRIC TWO WHEELER MARKET: REGION FOOTPRINT
 
 
 
 
TABLE 299
ELECTRIC TWO WHEELER MARKET: VEHICLE TYPE FOOTPRINT
 
 
 
 
TABLE 300
ELECTRIC TWO WHEELER MARKET: BATTERY TYPE FOOTPRINT
 
 
 
 
TABLE 301
ELECTRIC TWO WHEELER MARKET, TECHNOLOGY TYPE FOOTPRINT
 
 
 
 
TABLE 302
ELECTRIC TWO WHEELER MARKET: KEY STARTUPS/SMES
 
 
 
 
TABLE 303
ELECTRIC TWO WHEELER MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
 
 
 
 
TABLE 304
ELECTRIC TWO WHEELER MARKET: PRODUCT LAUNCHES/DEVELOPMENTS, JANUARY 2021–OCTOBER 2025
 
 
 
 
TABLE 305
ELECTRIC TWO WHEELER MARKET: DEALS, JANUARY 2021– OCTOBER 2025
 
 
 
 
TABLE 306
ELECTRIC TWO WHEELER MARKET: EXPANSIONS, JANUARY 2021– OCTOBER 2025
 
 
 
 
TABLE 307
ELECTRIC TWO WHEELER MARKET: OTHER DEVELOPMENTS, JANUARY 2021– OCTOBER 2025
 
 
 
 
TABLE 308
OLA ELECTRIC: COMPANY OVERVIEW
 
 
 
 
TABLE 309
OLA ELECTRIC: PRODUCTS OFFERED
 
 
 
 
TABLE 310
OLA ELECTRIC: PRODUCT LAUNCHES/DEVELOPMENTS
 
 
 
 
TABLE 311
OLA ELECTRIC: EXPANSIONS
 
 
 
 
TABLE 312
OLA ELECTRIC: OTHERS
 
 
 
 
TABLE 313
BAJAJ AUTO LTD.: COMPANY OVERVIEW
 
 
 
 
TABLE 314
BAJAJ AUTO LTD.: PRODUCTS OFFERED
 
 
 
 
TABLE 315
BAJAJ AUTO LTD.: PRODUCT LAUNCHES/DEVELOPMENTS
 
 
 
 
TABLE 316
TVS MOTOR COMPANY: COMPANY OVERVIEW
 
 
 
 
TABLE 317
TVS MOTOR COMPANY: PRODUCTS OFFERED
 
 
 
 
TABLE 318
TVS MOTOR COMPANY.: PRODUCT LAUNCHES/UPGRADES
 
 
 
 
TABLE 319
TVS MOTOR COMPANY: DEALS
 
 
 
 
TABLE 320
TVS MOTOR COMPANY: OTHERS
 
 
 
 
TABLE 321
ATHER ENERGY: COMPANY OVERVIEW
 
 
 
 
TABLE 322
ATHER ENERGY: PRODUCTS OFFERED
 
 
 
 
TABLE 323
ATHER ENERGY: PRODUCT LAUNCHES/DEVELOPMENTS
 
 
 
 
TABLE 324
ATHER ENERGY: DEALS
 
 
 
 
TABLE 325
YADEA TECHNOLOGY GROUP CO., LTD.: COMPANY OVERVIEW
 
 
 
 
TABLE 326
YADEA TECHNOLOGY GROUP CO., LTD.: PRODUCTS OFFERED
 
 
 
 
TABLE 327
YADEA TECHNOLOGY GROUP CO., LTD.: PRODUCT LAUNCHES/DEVELOPMENTS
 
 
 
 
TABLE 328
YADEA TECHNOLOGY GROUP CO., LTD.: DEALS
 
 
 
 
TABLE 329
YADEA TECHNOLOGY GROUP CO., LTD.: EXPANSIONS
 
 
 
 
TABLE 330
YADEA TECHNOLOGY GROUP CO., LTD.: OTHERS
 
 
 
 
TABLE 331
HERO ELECTRIC: COMPANY OVERVIEW
 
 
 
 
TABLE 332
HERO ELECTRIC: PRODUCTS OFFERED
 
 
 
 
TABLE 333
HERO ELECTRIC: PRODUCT LAUNCHES/DEVELOPMENTS
 
 
 
 
TABLE 334
HERO ELECTRIC: DEALS
 
 
 
 
TABLE 335
HERO ELECTRIC: EXPANSIONS
 
 
 
 
TABLE 336
GOGORO: COMPANY OVERVIEW
 
 
 
 
TABLE 337
GOGORO: PRODUCTS OFFERED
 
 
 
 
TABLE 338
GOGORO: PRODUCT/TECHNOLOGY LAUNCHES
 
 
 
 
TABLE 339
GOGORO: DEALS
 
 
 
 
TABLE 340
VMOTO LIMITED: COMPANY OVERVIEW
 
 
 
 
TABLE 341
VMOTO LIMITED: PRODUCTS OFFERED
 
 
 
 
TABLE 342
VMOTO LIMITED: PRODUCT LAUNCHES/DEVELOPMENTS
 
 
 
 
TABLE 343
VMOTO LIMITED: DEALS
 
 
 
 
TABLE 344
VMOTO LIMITED: EXPANSIONS
 
 
 
 
TABLE 345
VMOTO LIMITED: OTHERS
 
 
 
 
TABLE 346
NIU INTERNATIONAL: COMPANY OVERVIEW
 
 
 
 
TABLE 347
NIU INTERNATIONAL: PRODUCTS OFFERED
 
 
 
 
TABLE 348
NIU INTERNATIONAL: PRODUCT LAUNCHES/DEVELOPMENTS
 
 
 
 
TABLE 349
NIU INTERNATIONAL: DEALS
 
 
 
 
TABLE 350
JIANGSU XINRI E-VEHICLE CO., LTD.: COMPANY OVERVIEW
 
 
 
 
TABLE 351
JIANGSU XINRI E-VEHICLE CO., LTD.: PRODUCTS OFFERED
 
 
 
 
TABLE 352
JIANGSU XINRI E-VEHICLE CO., LTD.: PRODUCT LAUNCHES/DEVELOPMENTS
 
 
 
 
TABLE 353
JIANGSU XINRI E-VEHICLE CO., LTD.: DEALS
 
 
 
 
TABLE 354
JIANGSU XINRI E-VEHICLE CO., LTD.: EXPANSIONS
 
 
 
 
TABLE 355
IDEANOMICS, INC.: COMPANY OVERVIEW
 
 
 
 
TABLE 356
IDEANOMICS, INC.: PRODUCTS OFFERED
 
 
 
 
TABLE 357
IDEANOMICS, INC.: PRODUCT LAUNCHES/DEVELOPMENTS
 
 
 
 
TABLE 358
IDEANOMICS, INC.: DEALS
 
 
 
 
TABLE 359
IDEANOMICS, INC.: EXPANSIONS
 
 
 
 
TABLE 360
ASKOLL EVA S.P.A.: COMPANY OVERVIEW
 
 
 
 
TABLE 361
ASKOLL EVA S.P.A.: PRODUCTS OFFERED
 
 
 
 
TABLE 362
ASKOLL EVA S.P.A.: DEALS
 
 
 
 
TABLE 363
ASKOLL EVA S.P.A.: OTHERS
 
 
 
 
TABLE 364
ULTRAVIOLETTE AUTOMOTIVE: COMPANY OVERVIEW
 
 
 
 
TABLE 365
REVOLT INTELLICORP PRIVATE LIMITED (REVOLT MOTORS): COMPANY OVERVIEW
 
 
 
 
TABLE 366
Z ELECTRIC VEHICLE: COMPANY OVERVIEW
 
 
 
 
TABLE 367
CAKE: COMPANY OVERVIEW
 
 
 
 
TABLE 368
LIGHTNING MOTORCYCLES: COMPANY OVERVIEW
 
 
 
 
TABLE 369
JOHAMMER E-MOBILITY GMBH: COMPANY OVERVIEW
 
 
 
 
TABLE 370
PIAGGIO GROUP: COMPANY OVERVIEW
 
 
 
 
TABLE 371
KTM AG: COMPANY OVERVIEW
 
 
 
 
TABLE 372
HARLEY DAVIDSON: COMPANY OVERVIEW
 
 
 
 
TABLE 373
BMW GROUP: COMPANY OVERVIEW
 
 
 
 
TABLE 374
AIMA TECHNOLOGY GROUP CO., LTD.: COMPANY OVERVIEW
 
 
 
 
TABLE 375
HONDA MOTOR CO., LTD.: COMPANY OVERVIEW
 
 
 
 
TABLE 376
GREAVES ELECTRIC MOBILITY PRIVATE LIMITED (AMPERE VEHICLES): COMPANY OVERVIEW
 
 
 
 
TABLE 377
DONGGUAN TAILING ELECTRIC VEHICLE CO., LTD.: COMPANY OVERVIEW
 
 
 
 
TABLE 378
CEZETA: COMPANY OVERVIEW
 
 
 
 
TABLE 379
TERRA MOTORS CORPORATION: COMPANY OVERVIEW
 
 
 
 
TABLE 380
NEXZU MOBILITY LTD. (AVAN MOTORS INDIA): COMPANY OVERVIEW
 
 
 
 
TABLE 381
EMFLUX MOTORS: COMPANY OVERVIEW
 
 
 
 
TABLE 382
MAHINDRA & MAHINDRA LTD.: COMPANY OVERVIEW
 
 
 
 
TABLE 383
DAMON MOTORS INC.: COMPANY OVERVIEW
 
 
 
 
TABLE 384
VIAR MOTOR INDONESIA: COMPANY OVERVIEW
 
 
 
 
TABLE 385
SELIS: COMPANY OVERVIEW
 
 
 
 
TABLE 386
GESITS: COMPANY OVERVIEW
 
 
 
 
TABLE 387
UNITED E-MOTOR: COMPANY OVERVIEW
 
 
 
 
TABLE 388
SMOOT ELEKTRIK: COMPANY OVERVIEW
 
 
 
 
TABLE 389
PT VOLTA INDONESIA SEMESTA (VOLTA): COMPANY OVERVIEW
 
 
 
 
TABLE 390
ALVA: COMPANY OVERVIEW
 
 
 
 
TABLE 391
NUSA MOTORS: COMPANY OVERVIEW
 
 
 
 
TABLE 392
BF GOODRICH: COMPANY OVERVIEW
 
 
 
 
LIST OF FIGURES
 
 
 
 
 
FIGURE 1
ELECTRIC TWO WHEELER MARKET SEGMENTATION & REGIONAL SCOPE
 
 
 
 
FIGURE 2
ELECTRIC TWO WHEELER MARKET: RESEARCH DESIGN
 
 
 
 
FIGURE 3
RESEARCH DESIGN MODEL
 
 
 
 
FIGURE 4
KEY INSIGHTS FROM INDUSTRY EXPERTS
 
 
 
 
FIGURE 5
RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
 
 
 
 
FIGURE 6
ELECTRIC TWO WHEELER MARKET: BOTTOM-UP APPROACH
 
 
 
 
FIGURE 7
ELECTRIC TWO WHEELER MARKET: TOP-DOWN APPROACH
 
 
 
 
FIGURE 8
DATA TRIANGULATION
 
 
 
 
FIGURE 9
GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS
 
 
 
 
FIGURE 10
DEMAND- AND SUPPLY-SIDE FACTOR ANALYSIS
 
 
 
 
FIGURE 11
KEY INSIGHTS AND MARKET HIGHLIGHTS
 
 
 
 
FIGURE 12
STRATEGIES ADOPTED BY KEY PLAYERS IN ELECTRIC TWO WHEELER MARKET
 
 
 
 
FIGURE 13
TRENDS AND DISRUPTIONS IMPACTING GROWTH OF ELECTRIC TWO WHEELER MARKET
 
 
 
 
FIGURE 14
E-SCOOTER/MOPED SEGMENT TO HOLD LARGEST SHARE IN 2025
 
 
 
 
FIGURE 15
ASIA PACIFIC TO BE LEADING REGIONAL MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 16
ADVANCEMENTS IN BATTERY TECHNOLOGY TO DRIVE MARKET
 
 
 
 
FIGURE 17
ASIA PACIFIC TO ACCOUNT FOR DOMINANT MARKET SHARE IN 2025
 
 
 
 
FIGURE 18
E-SCOOTER/MOPED SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 19
LITHIUM-ION SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 20
BELOW 75 MILES TO LEAD MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 21
HUB MOTOR SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 22
COMMERCIAL SEGMENT TO REGISTER HIGHER CAGR THAN PRIVATE SEGMENT DURING FORECAST PERIOD
 
 
 
 
FIGURE 23
ECONOMY SEGMENT TO HOLD LARGER MARKET SIZE THAN LUXURY SEGMENT DURING FORECAST PERIOD
 
 
 
 
FIGURE 24
PLUG-IN SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 25
ABOVE 3 KW SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 26
72 V SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 27
ELECTRIC TWO WHEELER MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
 
 
 
 
FIGURE 28
EVOLUTION OF BATTERY TECHNOLOGIES
 
 
 
 
FIGURE 29
TECHNOLOGICAL BARRIERS FOR ELECTRIC TWO WHEELERS
 
 
 
 
FIGURE 30
ELECTRIC TWO WHEELER MARKET: PATENT ANALYSIS, JANUARY 2015-OCTOBER 2025
 
 
 
 
FIGURE 31
LEGAL STATUS OF PATENTS, 2015–2025
 
 
 
 
FIGURE 32
SMART ELECTRIC VEHICLE CHARGING SYSTEM
 
 
 
 
FIGURE 33
TCO OF ICE VS. BATTERY SWAPPING POWERED VEHICLES
 
 
 
 
FIGURE 34
SMART IOT SOLUTION FOR ELECTRIC TWO WHEELER MANUFACTURERS
 
 
 
 
FIGURE 35
TOTAL COST OF OWNERSHIP OF ELECTRIC VS. ICE SCOOTERS
 
 
 
 
FIGURE 36
ELECTRIC TWO WHEELER MARKET: TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
 
 
 
 
FIGURE 37
AVERAGE SELLING PRICE TREND, BY VEHICLE TYPE, 2022-2024 (USD)
 
 
 
 
FIGURE 38
AVERAGE SELLING PRICE TREND FOR ELECTRIC SCOOTERS, BY REGION, 2022-2024
 
 
 
 
FIGURE 39
AVERAGE SELLING PRICE TREND FOR ELECTRIC MOTORCYCLES, BY REGION, 2022-2024
 
 
 
 
FIGURE 40
ELECTRIC TWO WHEELER MARKET: ECOSYSTEM ANALYSIS
 
 
 
 
FIGURE 41
ELECTRIC TWO WHEELER MARKET: SUPPLY CHAIN ANALYSIS
 
 
 
 
FIGURE 42
INVESTMENT AND FUNDING SCENARIO, 2020–2024
 
 
 
 
FIGURE 43
IMPORT DATA FOR HS CODE 871190, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
FIGURE 44
EXPORT DATA FOR HS CODE 871190, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
FIGURE 45
INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR ELECTRIC TWO WHEELERS
 
 
 
 
FIGURE 46
KEY BUYING CRITERIA
 
 
 
 
FIGURE 47
ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE, 2025 VS. 2032 (USD MILLION)
 
 
 
 
FIGURE 48
ELECTRIC TWO WHEELER MARKET, BY VEHICLE CLASS, 2025 VS. 2032 (USD MILLION)
 
 
 
 
FIGURE 49
ELECTRIC TWO WHEELER MARKET, BY VOLTAGE TYPE, 2025 VS. 2032 (USD MILLION)
 
 
 
 
FIGURE 50
ELECTRIC TWO WHEELER MARKET, BY BATTERY TYPE, 2025 VS. 2032 (USD MILLION)
 
 
 
 
FIGURE 51
ELECTRIC TWO WHEELER MARKET, BY DISTANCE COVERED, 2025 VS. 2032 (USD MILLION)
 
 
 
 
FIGURE 52
ELECTRIC TWO WHEELER MARKET, BY USAGE, 2025 VS. 2032 (USD MILLION)
 
 
 
 
FIGURE 53
ELECTRIC TWO WHEELER MARKET, BY TECHNOLOGY TYPE, 2025 VS. 2032 (USD MILLION)
 
 
 
 
FIGURE 54
ELECTRIC TWO WHEELER MARKET, BY MOTOR TYPE, 2025 VS. 2032 (USD MILLION)
 
 
 
 
FIGURE 55
ELECTRIC TWO WHEELER MARKET, BY MOTOR POWER, 2025 VS. 2032 (USD MILLION)
 
 
 
 
FIGURE 56
ELECTRIC TWO WHEELER MARKET, BY REGION, 2025 VS. 2032
 
 
 
 
FIGURE 57
ASIA PACIFIC: REAL GDP GROWTH RATE, BY COUNTRY, 2024–2026
 
 
 
 
FIGURE 58
ASIA PACIFIC: GDP PER CAPITA, BY COUNTRY, 2024–2026
 
 
 
 
FIGURE 59
ASIA PACIFIC: INFLATION RATE AVERAGE CONSUMER PRICES, BY COUNTRY, 2024–2026
 
 
 
 
FIGURE 60
ASIA PACIFIC: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP, 2024
 
 
 
 
FIGURE 61
ASIA PACIFIC: ELECTRIC TWO WHEELER MARKET SNAPSHOT
 
 
 
 
FIGURE 62
INDONESIA: ROADMAP FOR ELECTRIC MOTORCYCLE CHARGING INFRASTRUCTURE
 
 
 
 
FIGURE 63
EUROPE: REAL GDP GROWTH RATE, BY COUNTRY, 2024–2026
 
 
 
 
FIGURE 64
EUROPE: GDP PER CAPITA, BY COUNTRY, 2024–2026
 
 
 
 
FIGURE 65
EUROPE: INFLATION RATE AVERAGE CONSUMER PRICES, BY COUNTRY, 2024–2026
 
 
 
 
FIGURE 66
EUROPE: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP, 2024
 
 
 
 
FIGURE 67
EUROPE: ELECTRIC TWO WHEELER MARKET, BY COUNTRY, 2025 VS. 2032 (USD MILLION)
 
 
 
 
FIGURE 68
NORTH AMERICA: REAL GDP GROWTH RATE, BY COUNTRY, 2024–2026
 
 
 
 
FIGURE 69
NORTH AMERICA: GDP PER CAPITA, BY COUNTRY, 2024–2026
 
 
 
 
FIGURE 70
NORTH AMERICA: CPI INFLATION RATE, BY COUNTRY, 2024–2026
 
 
 
 
FIGURE 71
NORTH AMERICA: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP, 2024
 
 
 
 
FIGURE 72
NORTH AMERICA: ELECTRIC TWO WHEELER MARKET SNAPSHOT
 
 
 
 
FIGURE 73
MARKET SHARE ANALYSIS OF ELECTRIC TWO WHEELER PROVIDERS, 2024
 
 
 
 
FIGURE 74
REVENUE ANALYSIS OF TOP 5 PLAYERS, 2020–2024
 
 
 
 
FIGURE 75
COMPANY VALUATION OF KEY PLAYERS, 2024
 
 
 
 
FIGURE 76
FINANCIAL METRICS OF KEY PLAYERS, 2024
 
 
 
 
FIGURE 77
ELECTRIC TWO WHEELER MARKET: COMPANY EVALUATION MATRIX, 2024
 
 
 
 
FIGURE 78
ELECTRIC TWO WHEELER MARKET: COMPANY FOOTPRINT
 
 
 
 
FIGURE 79
ELECTRIC TWO WHEELER MARKET: STARTUP/SME EVALUATION MATRIX, 2024
 
 
 
 
FIGURE 80
OLA ELECTRIC: COMPANY SNAPSHOT
 
 
 
 
FIGURE 81
OLA ELECTRIC: PRODUCT ROADMAP
 
 
 
 
FIGURE 82
OLA ELECTRIC: MOVE OS FOR E2W
 
 
 
 
FIGURE 83
BAJAJ AUTO LTD.: COMPANY SNAPSHOT
 
 
 
 
FIGURE 84
TVS MOTOR COMPANY: COMPANY SNAPSHOT
 
 
 
 
FIGURE 85
ATHER ENERGY: COMPANY SNAPSHOT
 
 
 
 
FIGURE 86
ATHER ENERGY: PATENTS FILED ACROSS ELECTRIC TWO WHEELER DEVELOPMENT
 
 
 
 
FIGURE 87
ATHER ENERGY: PRODUCT LAUNCH ROADMAP
 
 
 
 
FIGURE 88
YADEA TECHNOLOGY GROUP CO., LTD.: COMPANY SNAPSHOT
 
 
 
 
FIGURE 89
GOGORO: COMPANY SNAPSHOT
 
 
 
 
FIGURE 90
VMOTO LIMITED: COMPANY SNAPSHOT
 
 
 
 
FIGURE 91
NIU INTERNATIONAL: COMPANY SNAPSHOT
 
 
 
 
FIGURE 92
NIU INTERNATIONAL: ORGANIZATIONAL STRUCTURE
 
 
 
 
FIGURE 93
JIANGSU XINRI E-VEHICLE CO., LTD.: COMPANY SNAPSHOT
 
 
 
 
FIGURE 94
ASKOLL EVA S.P.A.: COMPANY SNAPSHOT
 
 
 
 

Methodology

This research study involved the extensive use of secondary sources, such as company annual reports/presentations, industry association publications, automotive magazine articles, directories, technical handbooks, the World Economic Outlook, trade websites, technical articles, and databases, to identify and collect information on the electric two wheeler market. In-depth interviews were conducted with various primary respondents, including key industry participants, subject-matter experts (SMEs), C-level executives of key market players (electric scooter and motorcycle manufacturers and suppliers), and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information and assess market prospects.

Secondary Research

In the secondary research process, various secondary sources were used to identify and collect information on the electric two wheeler market for this study. Secondary sources included annual reports, press releases, and investor presentations of companies; whitepapers, certified publications, and articles from recognized authors; directories; databases; and articles from recognized associations and government publishing sources.

Primary Research

Extensive primary research was conducted after understanding the electric two wheeler market scenario through secondary research. Several primary interviews were conducted with market experts from both demand-side vehicle manufacturers (in terms of component supply), country-level government associations, trade associations, and supply-side OEMs and component manufacturers across three major regions: North America, Europe, and the Asia Pacific. Approximately 30% and 70% of primary interviews were conducted from the demand and supply sides, respectively. Primary data was collected through questionnaires, emails, and telephonic interviews. In the canvassing of primaries, various departments within organizations, such as sales, operations, and administration, were covered to provide a holistic viewpoint in the report.

In the canvassing of primaries, various departments within organizations, such as sales, operations, and marketing, were covered to provide a holistic viewpoint in the report. After interacting with industry experts, brief sessions were conducted with experienced independent consultants to reinforce the findings from the primaries. This, along with the opinions of in-house subject matter experts, led to the findings, as described in the remainder of this report.

Electric Scooter and Motorcycle Market

 Size, and Share

Note: The tiers of companies are based on the supply chain of the electric two wheeler market. Tier I companies are electric scooter and motorcycle providers. Other designations include design engineers, manufacturing engineers, and sales executives, among others.

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

A bottom-up and top-down approach was used to estimate and validate the total size of the electric two wheeler market. This method was also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

Electric Scooter and Motorcycle Market : Top-Down and Bottom-Up Approach

Electric Scooter and Motorcycle Market
  Top Down and Bottom Up Approach

Data Triangulation

After arriving at the overall market size using the market size estimation processes as explained above, the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.

Market Definition

Electric scooters and motorcycles are plug-in two-wheeled vehicles that use electric motors to attain locomotion. The electricity is stored in a rechargeable battery, which drives electric motors. These vehicles are zero-emission electric motor-driven vehicles. The operating speed and top speed of electric two-wheelers are based on battery technology.

Scooters and mopeds are easy-to-operate two-wheelers with a step-through frame and a platform for the user’s feet. They are affordable, lightweight, and easy to commute on. On the other hand, motorcycles are heavier, faster, and bigger than scooters and mopeds. Depending on the requirements, these two-wheelers have different body designs and frames compared to scooters and mopeds. The electric versions of scooters and motorcycles are powered by electricity stored in their batteries.

Key Stakeholders

  • Associations, Forums, and Alliances of Electric Scooters and Motorcycles
  • Automobile Manufacturers
  • Automotive Component Manufacturers
  • Automotive Investors
  • Battery Distributors
  • Battery Manufacturers
  • Charging Infrastructure Providers
  • Charging Service Providers
  • Distributors and Retailers of Electric Two-wheelers
  • Electric Two-wheeler Charging Station Service Providers
  • Electric Two-wheeler Cable Manufacturers
  • Government Agencies and Policymakers
  • Manufacturers of Electric Two-wheelers
  • Manufacturers of Electric Two-wheeler Charging Poles
  • Manufacturers of Electric Two-wheeler Components
  • Raw Material Providers

Report Objectives

  • To segment and forecast the electric two wheeler market size in terms of volume and value
  • To define, describe, and forecast the market based on vehicle type, battery type, voltage type, vehicle class, technology, distance covered, usage, motor type, and motor power
  • To forecast the market size with respect to key regions: North America, Europe, and the Asia Pacific
  • To provide detailed information regarding the major factors influencing the market growth (drivers, challenges, restraints, and opportunities)
  • To analyze technological developments impacting the market
  • To analyze opportunities for stakeholders and the competitive landscape for leaders in the electric two wheeler market
  • To strategically analyze markets with respect to individual growth trends, prospects, and contributions to the total market
  • To strategically profile key players and comprehensively analyze their market share and their core competencies
  • To study the following with respect to the market:
    • Supply Chain Analysis
    • Ecosystem Analysis
    • Technology Analysis
    • HS Code
    • Case Study Analysis
    • Patent Analysis
    • Regulatory Landscape
    • Key Conferences and Events
    • Average Selling Price Analysis
    • Buying Criteria

To track and analyze competitive developments, such as product developments and deals, undertaken by the key industry participants

Customization Options

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  • Electric Two Wheeler Market, By Battery Type At Country Level (For Countries Covered In Report)

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Growth opportunities and latent adjacency in Electric Two Wheeler Market

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May, 2022

What are Electric Scooter and Motorcycle Market Newer business models like sustainable and profitable revenue streams in the future?.

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