Electric Two-Wheeler Sharing Market Size Estimation, Business Overview, Industry Statistics Forecast 2022-2028

The global electric two-wheeler sharing market size is expected to be valued at US$ 32.2 billion in 2022 and grow at a CAGR of 14.1% during the forecast period 2022-28. The electric scooter works on batteries. These are rechargeable batteries and are either of the lead or Lithium types. The motor of the electric scooter is mounted on the frame. The electricity that is produced in the battery is transmitted back to the motor through a network of wires. Light and compact, they are pretty safe to travel on and help you reach your destination in a quick time. With the advent of technology, standard scooters have given way to electric scooters, the overall cost of maintaining an electric scooter becomes easy.

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Lithium-ion Accounted for Higher Revenue Share in Global Electric Two-Wheeler Sharing Market:
Based on battery type, global electric two-wheeler sharing market is segmented into lithium-ion, sealed lead acid, others. Lithium-ion is accounted for higher revenue. Lithium-ion batteries are common in consumer electronics. They are one of the most popular types of rechargeable battery for portable electronics, with one of the best energy-to-weight ratios, high open circuit voltage, low self-discharge rate, no memory effect and a slow loss of charge when not in use. Beyond consumer electronics, lithium-ion batteries are growing in popularity for military, electric vehicle and aerospace applications due to their high energy density.

Asia Pacific leads the Global Electric Two-Wheeler Sharing Market:
Based on regional analysis, global electric two-wheeler sharing market segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific global electric two-wheeler sharing market contributed the largest share in 2019. There are 141 electric bikes currently on sale from various manufacturers starting from 25,000. The most popular products under this bracket are the Ather 450X (Rs. 1.27 Lakh), Bajaj Chetak (Rs. 1 Lakh) and Revolt RV400(Rs. 1.03 Lakh) (all prices Ex-showroom). The popular new EV products making their debut in 2021 include the Kabira Mobility KM-3000, Hero Maestro electric, Hero eMaestro, Vespa Elettrica and CFMoto electric bike.

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The global electric two-wheeler sharing market is segmented on the basis of product type, battery type, voltage application, and region.
By Product Type
• Dock-Based
• Dockless

By Battery Type
• Lithium-ion
• Sealed lead acid
• Others

By Voltage
• 36V
• 24V
• 48V
• Others

By Application
• Scooters
• Mopeds
• Kick-Scooters
• Bikes
• Others

By Geography
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa

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Key player's profiles in the global electric two-wheeler sharing market are: Hero Electric (India), Jiangsu Xinri E-Vehicle Co., Ltd (China), Ampere Vehicles (India), Wuxi YADEA Export-Import Co., Ltd (China), GOVECS AG (Germany), Vmoto Limited (Australia), China Zhongneng Vehicle Group Co., Ltd (China), Energica Motor Company S.p.An (Italy), Niu International (China), Zero Motorcycles, Inc. (US).

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