How Does Increasing Demand for Vehicles with Longer Driving Range Boost Europe-Based Electric Scooters and Motorcycles Industry?

The Europe-based electric scooters and motorcycles industry is projected to rise in the coming years. It is led by rising traffic concerns in European countries, and government initiatives to curb GHG emissions and encourage the adoption of electric vehicles.

Under the product, the scooter category is projected to boost the electric scooters and motorcycles industry in Europe in the near future. These electric vehicles are easy to ride, lightweight, practical, and faster than cars in several cases, including congested traffic.

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Moreover, the electric scooters cost is lesser than the cost of electric motorcycles, and cars.
Under the power segment, electric scooters and motorcycles with a motor power capacity of 1.5-5 kW lead the industry. It is projected to follow the same trend in the coming years.

Under the battery segment, the European electric scooters and motorcycles industry is categorized into sealed lead-acid and Li-ion. Among these, Li-ion captures the largest industry share, and it is projected to retain the same position in the coming years. It is ascribed to the growing demand for long-range, high-power two-wheelers, with significantly reduced prices of these batteries.

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Motorcycles and electric scooters with more than 4 hours capture the largest industry share, in terms of volume and value. In addition, it is projected to experience the fastest growth in the coming years, in terms of value. It is ascribed to their rising demand due to shorter charging time.

Electric scooters and motorcycles with more than 2kW battery capacity capture the massive industry share. In the coming years, electric scooters and motorcycles with 2 to 2.5 kWh battery capacity are projected to experience the fastest growth, in terms of volume in the near future.

The 50 to 100km category leads the industry, and it is projected to follow the same trend in the coming years. The rising demand for vehicles with a longer driving range encourages the traction of this vehicle in the industry.

France contributes the highest revenue share to the European electric scooters and motorcycles industry. It is ascribed to fuelling demand for electric vehicles in the region to reduce emissions of harmful gases.

Moreover, Spain is projected to experience the highest growth in the industry, in terms of value, in the near future. It is ascribed to the growing demand for electric vehicles, which lures mobility and electric two-wheeler manufacturing companies to establish production facilities in the nation to enter the industry.

Therefore, government initiatives to encourage the adoption of electric vehicles to fuel the Europe electric scooters and motorcycles industry.

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