Press release
North America Electric Scooter and Motorcycle Market Share, Revenue, and Strategic Insights
North America is home to some of the developed nations of the world. The U.S. and Canada is right up there in terms of development in the region. When a region is developed, it can be easily said that there is high disposable income for the people, and North America is no exception to this.When the income of the people is on the higher side, they will buy vehicles to commute with much-more ease. This is the case with most of the countries in North America. The U.S. leads the pack, when it comes to vehicular emissions, at a global level.
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The governments in North America are trying hard to devise initiatives, that can help in the reduction of GHG from vehicles. The support given to boom the adoption of the e-vehicles is the perhaps the biggest initiative taken by the federal and state governments.
As a result of the subsidies given by the government, people are moving toward the adoption of e-vehicles. This was probably the reason why, the sales of electric vehicles were on the increase, even during the pandemic, when the sales of all other conventional vehicles experienced a sharp dip.
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E- Scooters and Motorcycles Becoming Popular
If we go by stats, a driver in the New York City of the U.S. lost about 100 hours, by being stuck in traffic jams in 2020. In that year, the world was in the clutches of the pandemic, do the traffic on the roads would have been less. So, it is not hard to imagine that, the time can be a lot more, when the traffic is in full swing.
People in North America have started using electric scooters and motorcycles, so that they can easily get through the traffic jams. Also, the use of an electric kick scooters for last mile delivery is also going up with each passing day.
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They are Increasingly being Used as Shared Mobility Solutions
Electric scooters and motorcycles are increasingly used by people in North America as shared mobility solutions. With these, people can easily ride these two-wheelers to their destination without the hassle of owning them, and paying for their maintenance, parking and insurance.
About P&S Intelligence
P&S Intelligence is a market research and consulting firm shaping growth strategies for enterprises with a global as well as niche presence. We specialize in both syndicate and custom market research, creating insight-laden reports that allow customers to stay ahead at every curve. Our clients range from multi-billion-dollar behemoths across industries to up and coming MSMEs and startups. Moreover, with our new offering, government, and public sector advisory services, we continue to trudge ahead in our quest for revolutionizing the way economies shape themselves in these ever-changing times.
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Chandra Mohan
AVP - Business Development
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
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