Electric Two Wheeler Industry Size

Electric Two-Wheeler Industry worth $10.29 billion by 2035

The report "Electric Two-Wheeler Market by Vehicle Type (E-Scooters/Mopeds, E-Motorcycles), Voltage, Motor Type (Hub, Mid-drive), Battery (Li-ion, Lead-acid), Motor Power, Technology (Battery, Plug-in), Vehicle Class, Usage, and Region - Global Forecast to 2035" The electric two-wheeler market is expected to reach USD 10.29 billion by 2035, from USD 5.31 billion in 2026, with a CAGR of 7.6%.

Browse 174 market data Tables and 190 Figures spread through 353 Pages and in-depth TOC on "Electric Two-Wheeler Market by Vehicle Type (E-Scooters/Mopeds, E-Motorcycles), Voltage, Motor Type (Hub, Mid-drive), Battery (Li-ion, Lead-acid), Motor Power, Technology (Battery, Plug-in), Vehicle Class, Usage, and Region - Global Forecast to 2035"

View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/electric-scooter-motorcycle-market-142827777.html

The electric two-wheeler market is shifting toward differentiated powertrain and battery architectures based on vehicle performance and use case. Performance oriented motorcycles are moving from hub motors to mid-drive systems to improve torque delivery, weight distribution, and handling, while commuter scooters are adopting LFP batteries for improved thermal stability and longer cycle life. Premium electric motorcycles are using NMC and NCA cells where higher energy density is required to increase range without a proportional increase in battery weight. Manufacturers are also adopting modular and split battery designs with advanced battery management systems that monitor temperature, state of charge, and battery health. These architectures support predictive maintenance and improve compatibility with battery swapping systems. At the vehicle level, fleet focused OEM partnerships are integrating telematics, remote diagnostics, and fleet management functions into electric two wheelers, supporting higher utilization in delivery and shared mobility applications.

Indian Electric Two Wheeler OEMs Accelerate Manufacturing Capacity and Investment

  • Ultraviolette expands manufacturing capacity: Ultraviolette announced an approximately USD 82 million investment in a new Hosur manufacturing facility, with initial annual capacity of 250,000 vehicles and potential expansion to 500,000 units.
  • Ather expands production and retail network:  Ather planned 100 new dealership as production begins at its Maharashtra facility, with monthly production capacity expected to reach approximately 77,000 scooters.
  • Hero MotoCorp invests in Ather: Hero MotoCorp made an investment of up to approximately USD 115 million in Ather Energy, strengthening Ather's funding base for production expansion and supporting the scaling of its electric two wheeler business.

75–100-mile electric two-wheelers are expected to see robust growth during the forecast period

The 75–100 miles segment is expected to see robust growth in the electric two-wheeler market, mainly because it offers the optimal balance between range and affordability. For many daily commuters, especially in Asia Pacific, this range is adequate for city travel, office commute, and short intercity rides. Models such as Fierider by Yadea Technology Group Co., Ltd., Can Am Pulse by BRP Inc., Kratos and Kratos R by Tork Motors, and Anthem by Ryvid, VS1, CPX by Vmoto fall within this category, catering to practical, everyday mobility needs. OEMs in this segment are focusing on improving battery efficiency while keeping costs under control, ensuring that riders get reliable performance without paying a premium for extended range. The 75–100 miles category is also well-suited for delivery and shared mobility applications, where consistent range and lower operating costs matter most. As urban electrification continues to grow, this segment will likely remain a key contributor to overall market volumes.

Lithium-ion batteries are expected to secure the leading market position during the forecast period.

Lithium-ion batteries are expected to dominate the electric two-wheeler market due to their higher energy density compared to lead-acid or nickel-metal hydride batteries. This enables longer-range and lighter vehicles, making them more appealing to both individual riders and fleet operators. Their longer lifespan and lower maintenance needs also reduce the total cost of ownership, which is especially important in the price-sensitive two-wheeler segment. As battery pack prices continue to fall due to large-scale production and advances in cell chemistry, lithium-ion batteries are becoming the preferred choice for both OEMs and retrofit applications, accelerating market adoption. These batteries also support faster charging and more compact designs, which are ideal for urban commuting, ride-sharing, and delivery services. Manufacturers are increasingly integrating lithium-ion battery packs, while declining costs per kWh are shortening the payback periods for electric scooters. For instance, In  September 2026, Ola Electric launched the S1Z with in house LFP lithium ion cells ,which offers 3.1 kWh and 5.1 kWh battery options using 46 series LFP cells.  Additionally, Regulatory policies promoting emission reduction and urban electrification are further boosting demand for electric two-wheelers powered by lithium-ion technology. Energy density, declining battery costs, and increasing adoption of LFP lithium-ion technology are expected to support the growth of lithium-ion batteries in the electric two-wheeler market.

Europe is expected to grow at a significant rate during the forecast period.

Europe’s electric two-wheeler market is driven by strict emission regulations that encourage both consumers and manufacturers to adopt cleaner mobility solutions. Many European cities are introducing low-emission zones and congestion charges, making compact electric two-wheelers a practical option for daily commuting. Governments in major countries such as Italy, France, Germany, and Spain are supporting this shift through incentives, tax benefits, and purchase subsidies that reduce the upfront cost of electric two-wheelers. Additionally, Additionally, manufacturers are expanding their presence across European markets through new distribution partnerships, increasing the availability of electric two wheelers in the region. For instance, In April 2026, Ultraviolette partnered with Elektrorider to enter Hungary, Croatia, Slovakia, Romania, Slovenia, and the Czech Republic, expanding its presence to 19 European countries. The partnership supports distribution of the F77 MACH 2 and F77 SuperStreet electric motorcycles through an established regional electric two wheeler network.  The region also benefits from a strong manufacturing base, with established brands such as BMW Motorrad, Piaggio, NIU Technologies, and Ducati actively expanding into electric models, strengthening local innovation and supply chains. Stronger urban electrification policies, wider model availability, and expansion of regional distribution networks are expected to support further adoption of electric two wheelers in Europe.

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Report Code
AT 7219
Published ON
03/02/2026
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