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Electric Motorcycles & Scooters Market Growth Potential & Forecast, 2026

The e-mobility trend is on rise. In the third quarter of 2019, around 45 EV companies across the world showed a total fund raising of USD 2.7 billion. However, the COVID-19 outbreak has led to a slowdown in electric motorcycles & scooters industry growth in 2020. Shortage of raw materials, labor and restrictions on movement have led to a temporary shutdown of many automobile manufacturing facilities, globally.

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Electric Motorcycles & Scooters Market Growth Potential & Forecast, 2026

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  1. Electric Motorcycles & Scooters Market Share, Trend & Growth Forecast to 2026

  2. KeyInsights Electric Motorcycles & Scooters Market : • The e-mobility trend is on rise. In the third quarter of 2019, around 45 EV companies across the world showed a total fund raising of USD 2.7 billion. However, the COVID-19 outbreak has led to a slowdown in electric motorcycles & scooters industry growth in 2020. Shortage of raw materials, labor and restrictions on movement have led to a temporary shutdown of many automobile manufacturing facilities, globally. • The rising consumer inclination toward buying essential items is hindering the sales of high cost products like electric scooters & motorcycles. The EV businesses will gain traction again, once the restrictions are lifted.

  3. Continued… • Electric motorcycles are experiencing high demand on account of the advancement in battery and powertrain technologies. The technological developments are offering superior engine performance as well as high, controlled speeds to electric motorcycles. Growing demand for efficient, low noise and long range transport solutions is one of the key factors fueling the demand for electric motorcycles. In addition, grants and subsidies provided by governments on the purchase of electric motorcycles will further boost product sales in the coming years.

  4. Latest Research Electric Motorcycles & Scooters Market @ https://bit.ly/2Anh53h Request for a Sample Copy of This Research Report @ https://bit.ly/2NMoXyr

  5. Major Companies Electric Motorcycles & Scooters Market : • Tailing Electric Vehicle Co. Ltd. • Terra Motors Corp • Vmoto Limited • Z Electric Vehicle • Zero Motorcycle

  6. Regional Electric Motorcycles & Scooters Market : • The alarming levels of carbon emission in Asia Pacific region is creating a huge demand for environment friendly mode of transportation. This has led to increased adoption of e-mobility solutions in Asian countries including China and India. In addition, the emergence of several electric motorcycle & scooter manufacturers including Ultraviolette Automotive Pvt. Ltd., and Emflux and in India will boost regional industry growth over the analysis period.

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