Italy Electric Two-Wheeler Market (2026-2031)
The Italy Electric Two-Wheeler Market was valued at $2777.3 Million in 2026 and projected to reach to $3215.4 Million by 2031, representing a compound annual growth rate of CAGR 7.5%. Italy's electric two-wheeler market is experiencing robust growth, fueled by EU sustainability directives and Italy's commitment to reducing urban emissions.
| Market Size in | USD 26.32 MN |
| Market Forecast in | |
| CAGR | |
| Forecast Period | |
| Units Considered | Value (USD MN) |
Italy Electric Two-Wheeler Market Trends and Insights
- This voltage tier serves as a middle-ground solution, balancing performance, cost, and range for consumers across emerging and developed markets.
- The 60 V segment is expected to grow steadily, reaching USD 3,215.4 million by 2031, driven by increasing adoption of electric scooters and motorcycles that utilize this voltage standard. 60 V systems have become increasingly popular due to their ability to deliver adequate power for urban commuting while maintaining reasonable battery costs and weight.
- The 60 V segment benefits from technological improvements in battery chemistry and motor efficiency, making these vehicles more accessible to middle-income consumers.
- Between 2026 and 2031, the 60 V segment will experience consistent market expansion as manufacturers optimize designs and supply chains for this voltage class. Market dynamics for 60 V electric two-wheelers are shaped by regulatory support, charging infrastructure development, and consumer preference for mid-range performance vehicles.
- The 60 V segment's growth trajectory reflects broader industry trends toward electrification while maintaining affordability and practicality for mass-market adoption..
Key Market Statistics
- CAGR (2026-2031) CAGR 7.5%
- Market Size, 2026 ~USD 2777.3 Million
- Forecast, 2031 ~USD 3215.4 Million
- Country Italy
Italy Electric Two-Wheeler Market Overview
Italian Market Valuation :
Italy's electric two-wheeler market is valued at USD 2,777.3 million in 2026, with the 60V segment representing a significant portion of this growth trajectory across the country.
Steady Growth Trajectory :
The Italian market is projected to grow at a CAGR of 7.5% from 2026 to 2031, outpacing many European counterparts and reflecting strong consumer adoption in urban mobility solutions.
2031 Market Expansion :
By 2031, Italy's electric two-wheeler market is forecasted to reach USD 3,215.4 million, driven by regulatory support, infrastructure development, and increasing environmental consciousness among Italian consumers.
60V Segment Dominance :
The 60V voltage classification is becoming the preferred choice for Italian consumers seeking optimal balance between performance, affordability, and range for daily commuting and urban transportation needs.
Italy Electric Two-Wheeler Market Dynamics
- The 60V segment is particularly well-positioned in Italian cities where mid-range performance and cost-effectiveness appeal to both individual consumers and commercial delivery operators.
- Government incentives and expanding charging infrastructure across major metropolitan areas like Milan, Rome, and Turin are accelerating adoption rates. Looking ahead to 2031, Italy's market will benefit from technological advancements in battery efficiency and growing consumer awareness of electric mobility benefits.
- The 60V segment's versatility makes it ideal for Italy's diverse terrain and urban-rural commuting patterns.
- Increased competition among local and international manufacturers will drive innovation while maintaining competitive pricing, positioning Italy as a key growth market within the broader European electric two-wheeler landscape..
Related Ecosystem
Driving Support Security
- Battery Electric Vehicle (BEV)
- Hybrid Electric Vehicle (HEV)
- Light Commercial Vehicles (LCVs)
- Fuel Cell Electric Vehicle (FCEV)
- Blind Spot Detection (BSD)
- BOSCH LIMITED
- Continental ag
- DENSO Corporation
- Magna International Inc.
- ZF FRIEDRICHSHAFEN AG
Electric Hybrid Vehicles
- Battery Electric Vehicle (BEV)
- Fuel Cell Electric Vehicle (FCEV)
- Light Commercial Vehicles (LCVs)
- Hybrid Electric Vehicle (HEV)
- Agricultural Tractors
- Visteon Corporation
- Byd company ltd.
- BOSCH LIMITED
- Tesla, Inc.
- FORD MOTOR COMPANY
On Highway Off Highway Vehicles
- Internal Combustion Engine (ICE)
- Agricultural Tractors
- Crawler Excavator
- Battery Electric Vehicle (BEV)
- Excavators
- Visteon Corporation
- Deere & Company
- Honda Motor Co., Ltd.
- AB VOLVO PENTA
- Komatsu Ltd.
Key Takeaways
- The 60 V segment is valued at USD 2,777.3 million in 2026 and projected to reach USD 3,215.4 million by 2031, representing a 7.5% CAGR.
- 60 V electric two-wheelers offer optimal balance between performance, affordability, and range, making them attractive to mass-market consumers.
- The 60 V segment benefits from advancements in battery technology and motor efficiency that improve vehicle practicality and reduce total cost of ownership.
- Growth in the 60 V segment is supported by expanding charging infrastructure, regulatory incentives, and increasing consumer awareness of electric mobility solutions.
Electric Two-Wheeler Market Report Scope
| 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 |
Italy Electric Two-Wheeler Market Report Segmentation
10 segment dimensions are covered across the global market.
By Distance Covered
- 75–100 Miles
- Above 100 Miles
- Below 75 Miles
By Vehicle Type
- E-Motorcycle
- E-Motorcycles
- E-Scooter/Moped
- E-Scooters/Mopeds
By Voltage Type
- 36 V
- 48 V
- 60 V
- 72 V
- Above 72 V
By Vehicle Class
- Economy
- Luxury
By Technology Type
- Battery
- Plug-In
By Battery Type
- Lithium-Ion
- Sealed Lead-Acid
By Usage
- Commercial
- Private
By Motor Type
- Hub Motor
- Hub Motors
- Mid-Drive Motor
- Mid-Drive Motors
By Range
- 75–100 Miles
- Above 100 Miles
- Below 75 Miles
By Motor Power
- 1.5-3 Kw
- 1.5–3 Kw
- Above 3 Kw
- Less Than 1.5 Kw
Target Audience
- Electric Two-Wheeler Manufacturers : Manufacturers need Italy-specific market data to develop localized product strategies, optimize 60V segment offerings, and identify distribution partnerships within the Italian market.
- Investment & Private Equity Firms : Investors require detailed Italian market forecasts and growth metrics to evaluate investment opportunities in electric mobility startups and established players operating in Italy.
- Government & Policy Makers : Italian policymakers need market intelligence to design effective incentive programs, infrastructure investments, and regulatory frameworks supporting sustainable electric two-wheeler adoption.
- Distribution & Retail Partners : Distributors and retailers require Italy-focused market insights to optimize inventory management, identify growth regions, and develop targeted sales strategies for 60V electric two-wheelers.
- Technology & Battery Suppliers : Component suppliers need Italian market data to forecast demand for 60V battery systems and electrical components, enabling production planning and supply chain optimization.
Key Companies in the Italy Electric Two-Wheeler 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
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
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
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.
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
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
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
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.
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
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.
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.
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.
Reasons to Buy this Report
- Italy-Specific Market Sizing : Obtain precise valuation data for Italy's electric two-wheeler market with detailed 60V segment breakdown, enabling accurate financial forecasting and investment decisions tailored to the Italian market context.
- Competitive Landscape Intelligence : Understand Italy's unique competitive dynamics, local manufacturer strategies, and market positioning of international players operating within the Italian electric two-wheeler ecosystem.
- Regulatory & Policy Insights : Access comprehensive analysis of Italian government incentives, EU compliance requirements, and regional policies driving adoption of 60V electric two-wheelers across different Italian regions.
- Consumer Behavior Analysis : Gain insights into Italian consumer preferences, purchasing patterns, and demographic trends specific to electric two-wheeler adoption in urban and rural areas.
- Growth Opportunity Identification : Identify high-potential segments, emerging distribution channels, and untapped market opportunities within Italy's electric two-wheeler sector through 2031.
Frequently asked questions
What is the market size of the 60 V electric two-wheeler segment in 2026?
The 60 V segment is valued at USD 2,777.3 million in 2026, representing a significant portion of the global electric two-wheeler market.
What is the projected market size for 60 V electric two-wheelers by 2031?
The 60 V segment is forecast to reach USD 3,215.4 million by 2031, growing at a compound annual growth rate of 7.5%.
Why is 60 V considered an important voltage standard for electric two-wheelers?
60 V systems balance performance, cost, and range effectively, making the 60 V segment ideal for urban commuting and mass-market adoption.
What factors are driving growth in the 60 V segment?
The 60 V segment growth is driven by battery technology improvements, expanding charging infrastructure, regulatory support, and increasing consumer demand for affordable electric mobility.
How does the 60 V segment compare to other voltage types in the electric two-wheeler market?
The 60 V segment occupies a middle-tier position, offering better performance than lower voltage options while remaining more affordable than higher voltage systems, making the 60 V segment widely accessible.
RESEARCH 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, 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.
Secondary Research
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.
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 (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
Market Size Estimation
Bottom-up Approach
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.
Top-Down Approach
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.
Data Triangulation
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.
Market Definition
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.
Stakeholders
- Electric Two-wheeler Associations, Forums, and Alliances
- Automobile Manufacturers
- Automotive Component Manufacturers
- Automotive Investors
- Battery Distributors
- Battery Manufacturers
- Charging Infrastructure Providers
- Charging Service Providers
- Electric Two-wheeler Distributors and Retailers
- Electric Two-wheeler Charging Station Service Providers
- Electric Two-wheeler Cable Manufacturers
- Government Agencies and Policymakers
- Electric Two-wheeler Manufacturers
- Electric Two-wheeler Charging Pole Manufacturers
- Electric Two-wheeler Component Manufacturers
- Raw Material Providers
Report Objectives
- To segment and forecast the size of the electric two-wheeler market in terms of value and volume based on vehicle type, battery type, voltage, vehicle class, technology, distance covered, usage, motor type, motor power, and region
- To forecast the size of market segments with respect to the following regions: North America, Europe, and Asia Pacific
- To identify and analyze key drivers, restraints, opportunities, and challenges influencing market growth
- To analyze market opportunities for stakeholders
- To analyze micro 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 core competencies
-
To study the following with respect to the market:
- Supply Chain Analysis
- Ecosystem Analysis
- Technology Analysis
- Trade Analysis
- Case Study Analysis
- Patent Analysis
- Regulatory Landscape
- Key Conferences and Events
- Pricing Analysis
- Buying Criteria
- To track and analyze competitive developments, such as product launches/developments and deals, undertaken by key market players
Get the Full Electric Two-Wheeler Market Report
Full forecast, segment splits, and company analysis for all Electric Two-Wheeler Market.
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