Press release
European Electric Two-Wheeler Market 2020: By Key Players, Market Share, Forecast to 2026
European electric two-wheeler market is projected to grow at a considerable CAGR during the forecast period (2019-2025). The key factors to propel the growth of the market include the increasing government initiatives and subsidies along with the need to control pollution. In 2019, in Luxembourg, subsidy up to $362 is available on the purchase of new electric bike and up to $604 is available on the purchase of motorcycle, moped, and light motorcycle. In Spain, up to $905 incentive is available for the motorcycle priced up to $12,073. Currently in Sweden 25% tax rebate is available on the purchase of electric bike. Thus, the initiatives are propelling the growth of the market in the region.(Get 15% Discount on Buying this Report)
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Moreover, in 2019, different countries in Europe offered financial incentives. Some of the instances of incentives offered by different countries are as follows:
France - $1,458 for the purchase of the electric bike.
Austria - $607 for the purchase of electric two-wheeler.
Brussels and Ghent - $486 for purchase of the electric bike.
Netherlands - $1,215 for purchase of electric two-wheeler
A Full Report of European Electric Two-Wheeler Market is Available at: https://www.omrglobal.com/industry-reports/european-electric-two-wheeler-market
Market Coverage
Market number available for – 2018-2025
Base year- 2018
Forecast period- 2019-2025
Segment Covered- By Product Type and By Battery Type
Region Covered- Europe
Competitive Landscape- Hero Electric Vehicles Pvt. Ltd., Jiangsu Xinri E-Vehicle Co., Ltd, Mahindra & Mahindra Ltd., and Tork Motors, Ujet S.A.
Europe Electric Two-Wheeler Market Report Segment
By Product Type
Scooter
Motorcycle
By Battery Type
NiMH
Li-ion
Others
European Electric Two-Wheeler Market- Countries Covered
UK
Germany
Italy
Spain
France
Rest of Europe
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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