The Taiwan Electric Two-Wheeler Market was valued at $18 Million in 2026 and projected to reach to $19 Million by 2031, representing a compound annual growth rate of 1.7%. Taiwan's electric two-wheeler market is experiencing gradual expansion, driven by increasing urbanization and growing environmental awareness among consumers.
| Market Size in | USD 26.32 MN |
| Market Forecast in | |
| CAGR | |
| Forecast Period | |
| Units Considered | Value (USD MN) |
Taiwan's electric two-wheeler market is valued at $18.0 million in 2026 and is projected to reach $19.0 million by 2031, representing a CAGR of 1.7%, significantly below the global average of 7.6%.
Taiwan's slower growth reflects a mature automotive landscape with established consumer preferences for traditional motorcycles and scooters, limiting rapid adoption of electric alternatives in the two-wheeler segment.
The market is primarily driven by urban commuting solutions, with electric scooters and lightweight e-bikes gaining traction in densely populated cities like Taipei and Kaohsiung as last-mile transportation options.
Taiwan's developing charging infrastructure and evolving regulatory framework for electric two-wheelers present both challenges and opportunities for market expansion through government incentives and urban mobility initiatives.
| Report Metric | Details |
|---|---|
| Base Year | 2026 |
| Fastest Growing Segment | NORTH AMERICA (Vehicle Type) |
| Forecast Period | 2026–2031 |
| Growth Rate | CAGR of 7.6% from 2026 to 2031 |
| Largest Segment | LITHIUM-ION (Battery Type) |
| Market Size Base Year (Billions) | ~USD 5.32 (2026) |
| Revenue Forecast (Billions) | ~USD 7.68 (2031) |
| Segments Covered | Distance Covered, Vehicle Type, Voltage Type, Vehicle Class, Technology Type, Battery Type, Usage, Motor Type, Range, Motor Power |
10 segment dimensions are covered across the global market.
| Company | HQ | Ownership | Strongest segments |
|---|---|---|---|
| VISTEON CORPORATION | United States | Public Company | Instrument clusters and information displays,Infotainment and connected car solutions,SmartCore domain controllers and middleware, |
| VINFAST | Vietnam | Public Company | Car (EV SUVs, mini EVs, pickup, MPV),E-scooters and electric bikes,E-bus and services (battery lease, charging), |
| TVS MOTOR COMPANY | India | Public Company | Motorcycles (Apache, Raider, Radeon, StaR City+, HLX, Sport),Scooters (Jupiter, Neo, Ntorq, Zest),Electric two-wheelers and e-bikes (TVS X, Orbiter, iQube, Cilo, Simpel, Zenith, Allegro), |
| BAJAJ AUTO LTD. | India | Public Company | Motorcycles and bikes (ICE),Three-wheelers and commercial vehicles,Electric two-wheelers, |
| ATHER ENERGY | India | Public Company | Premium electric scooters (flagship models),Mid-range/entry EV scooters,Charging infrastructure, software, accessories, and insurance, |
| OLA ELECTRIC | India | Public Company | Electric scooters (complete vehicles),EV components (battery packs, motors, frames),Cells and energy solutions, |
| GOGORO | Taiwan | Public Company | Electric scooters and bikes (hardware sales),Battery swapping services (Swap & Go, subscriptions),Platform technology, software, and licensing, |
| HERO MOTOCORP LTD. | India | Public Company | Motorcycles (ICE),Scooters (ICE),Electric scooters, |
| VMOTO LIMITED | Australia | Public Company | Electric mopeds / scooters,Electric motorcycles,Fleet solutions (VMOTO Fleet, services), |
| JIANGSU XINRI E-VEHICLE CO., LTD. | China | Public Company | High-speed and moped electric two-wheelers,Small-size vehicles and E-car related products,Electric bicycles, |
| ASKOLL EVA S.P.A. | Italy | Private Company | Electric scooters (consumer and B2B),Pedal-assisted e-bikes,Services, rentals, and accessories, |
Visteon Corporation is a publicly traded American company founded in 2000 with 10,500 employees. It is a global automotive supplier specializing in cockpit electronics and connected car solutions.
VinFast is a Vietnamese public company with 29,878 employees that manufactures electric vehicles and batteries. The company has rapidly expanded its operations to become a major player in the global EV market.
TVS Motor Company is an Indian public company founded in 1992 with 6,850 employees. It manufactures two-wheelers, three-wheelers, and commercial vehicles for domestic and international markets.
Bajaj Auto Ltd. is an Indian public company founded in 1945 with 5,231 employees. It is a leading manufacturer of motorcycles, scooters, and three-wheelers with a significant global presence.
Ather Energy is an Indian private company founded in 2013 with 1,617 employees. It designs and manufactures electric scooters and develops charging infrastructure for the Indian market.
Ola Electric is an Indian public company founded in 2017 that manufactures electric two-wheelers and related products. The company is focused on sustainable mobility solutions for the Indian market.
Gogoro is a Taiwanese public company founded in 2011 with 1,416 employees. It manufactures electric scooters and operates a battery-swapping network for convenient vehicle charging.
Hero MotoCorp Ltd. is an Indian public company founded in 1984 with 9,177 employees. It is one of the world's largest manufacturers of two-wheelers and motorcycles.
Vmoto Limited is an Australian public company founded in 2001. It designs and manufactures electric scooters and motorcycles for global markets.
Jiangsu Xinri E-Vehicle Co., Ltd. is a Chinese public company founded in 1999 with 2,204 employees. It manufactures electric vehicles and components for the Chinese market.
Askoll Eva S.p.A. is an Italian private company founded in 1978 with 64 employees. It manufactures electric motors and powertrains for two-wheelers and light vehicles.
Germany's electric two-wheeler market is valued at $18.0 million in 2026, reflecting a mature and established market segment within the country's broader electric mobility ecosystem.
Germany's electric two-wheeler market is forecast to reach $19.0 million by 2031, representing modest growth over the five-year forecast period.
Germany's electric two-wheeler market is expected to grow at a compound annual growth rate of 1.7% from 2026 to 2031, which is considerably lower than the global average of 7.6%.
Germany's slower growth rate reflects market saturation, early adoption of electric mobility solutions, high consumer purchasing power favoring premium products, and a shift toward larger electric vehicles rather than two-wheelers.
Germany's market is shaped by stringent regulatory standards, well-developed charging infrastructure, high consumer expectations for quality and safety, environmental consciousness, and established automotive manufacturing expertise.
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, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information and assess market prospects.
In the secondary research process, various secondary sources were referred 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.
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 (vehicle manufacturers, country-level government associations, and trade associations) and supply (OEMs and component manufacturers) sides across three regions: North America, Europe, and 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.
Breakdown of Primary Respondents:
Note: The tiers of companies are based on the supply chain of the electric two-wheeler market.
Other designations include design engineers, manufacturing engineers, and sales executives.
To know about the assumptions considered for the study, download the pdf brochure
The bottom-up approach was used to estimate and validate the size of the electric two-wheeler market by vehicle type. In this approach, the vehicle sales statistics for each vehicle type (e-scooters/mopeds, e-motorcycles) have been considered at the country level. To determine the market size in terms of volume and value, a mapping of electric two-wheelers has been conducted for each country and vehicle type (e-scooters/mopeds, e-motorcycles). Following this, the market has been categorized for these vehicle types. The number of electric models varies from country to country. The country-level data has been summed up to arrive at the regional-level data in terms of volume. The summation of the country-level market size gives the regional market size, and further summation of the regional market size provides the global electric two-wheeler market size. Further, the volume numbers have been multiplied by the average selling price of electric scooters and motorcycles by vehicle type, which gives the global electric two-wheeler market in terms of value.
The top-down approach has been used to estimate and validate the size of the electric two-wheeler market at the global level and by battery type, vehicle class, distance covered, technology type, usage, motor type, motor power, and voltage type in terms of volume and value. In this approach, battery type, vehicle class, distance covered, technology, usage, motor type, motor power, and voltage segments of the electric two-wheeler market have been identified at the regional level. The penetration identified for each battery type, vehicle class, distance covered, technology type, usage, and voltage type for each vehicle type has been multiplied by the volume of each scooter and motorcycle at the regional level to derive the segmental market size by volume. All regional-level data have been summed up to derive the global electric two-wheeler market by battery type, vehicle class, distance covered, technology, usage, and voltage.

After arriving at the overall market size using the market size estimation process 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.
Electric two-wheelers are plug-in vehicles powered by electric motors. They store electricity in rechargeable batteries, which drive the motors. These vehicles produce zero emissions and are considered electric motor-driven. The operating and top speeds of electric two-wheelers depend on battery technology. Scooters and mopeds are simple-to-operate two-wheelers with a step-through frame and a foot platform. They are budget-friendly, lightweight, and easy to commute with. Motorcycles are heavier, faster, and larger than scooters and mopeds. Depending on the needs, they feature 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.
Full forecast, segment splits, and company analysis for all Electric Two-Wheeler Market.
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