Powering the Future: Capitalizing on the Growing Electric Scooter and Motorcycle Market in Italy

The Italy electric scooter and motorcycle market generated $26.7 million in the year 2021, and in 2035, it is projected to rise to $707.1 million, progressing at approx. 30.5% rate from 2021 to 2025, and 24.4% from 2026 to 2035, and it is expected to experience the highest sales of electric scooters and motorcycles with a speed of more than 80 km per hour, with more than 35% rate from 2026 to 2035.

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Moreover, Li-ion contributes significant revenue to the Italy electric scooter and motorcycle market, amounting to $26.5 million revenue, and it is expected to witness a growth of 30.6% from 2021 to 2025. Numerous two-wheeler motor manufacturing companies such as e-scooters and e-motorcycles prefer Li-ion battery type, owing to no memory effect, low self-discharge rate, and high energy density.

In addition, the life of Li-ion batteries is over 2,000 charge cycles, which is more than the life of sealed lead-acid batteries of over 400 charge cycles. Moreover, the reduction in the battery prices over the years has not impacted sales, as the consumers prefer to buy Li-ion battery-powered two-wheelers that cost more than sealed-acid battery-powered two-wheelers. In addition, the automobile companies understand that consumers are willing to spend more on high-quality products, and hence they keep Li-ion chemistry transitioning.

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Moreover, the electric two-wheelers are more efficient than ICE variants and cause less environmental impact. Manufacturers prefer to produce electric scooters and motorcycles which have a higher driving range than the existing ones, which further results in the market proliferation.

In addition, electric scooters capture a significant share of Italy electric scooter and motorcycle market, growing at a 22.7% rate from 2021 to 2025. Electric scooters are more popular than electric motorcycles due to their inexpensiveness and lesser power requirement than the latter. E-scooters serve as the ideal option for short-distance travel, being highly cost-effective, and hence propels the market.

Therefore, the cost-effectiveness and increased efficiency of the electric scooters propels the market, along with the rising environmental concerns.

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