Global Electric Scooters and Motorcycles Market Report, Regional and Country Wise Data Break up and Analysis in a Latest Research
The global electric scooters and motorcycles market is growing at a significant rate, due to promising government initiatives and support on an eco-friendly vehicle, and surge in the requirement of the competent vehicle with zero carbon emission. Electric scooters majorly contributed to the electric scooters and motorcycles market size.
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The augmented acceptance of e-mobility for smaller distance is the key trend in the electric scooters and motorcycles market.
The promising government initiatives and support for eco-friendly vehicles such as subsidies and tax benefits; the increasing concern for air pollution caused by gasoline-based vehicles; traffic congestion issues, and launch of novel technologies are the primary growth drivers for the electric scooters and motorcycles market.
Asia-Pacific is the largest electric scooters and motorcycles market due to government support in the mode of permits, supports, and tax rebates. In addition, China accounted for the largest share in the Asia-Pacific market, due to the large population base.
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Amego Electric Vehicles Inc., Energica Motor Company S.p.A, Govecs Group, Alta Motors, Mahindra GenZe, Bayerische Motoren Werke (BMW) AG, Hero Electric Vehicles Pvt. Ltd., and AIMA Technology Co. Ltd. are the key players offering electric scooters and motorcycles.
Source: VynZ Research