The global electric two-wheeler market is projected to reach USD 70.09 billion by 2030 with an expected CAGR of 7% from 2020 to 2030. China, India, Vietnam, Thailand, Indonesia, and Europe are the largest Electric Two-wheeler market in the world.
The report and Data are based on Electric and ICE drive systems. The following three segments are covered:
Electric two-wheelers held a global market share of 20% in 2010, and it is projected to reach 70% by 2030.
Taiwan has increased its Electric Two- two-wheeler sales from 4% in 2015 to 14% in 2022. China’s fleet of electric Two-wheeler sales increased from 40% in 2015 to more than 60% in 2022.
Globally, the Lithium Ion Battery demand will be 115 GWh per year for Electric Two Wheeler and the Battery chemistry mix will be dominated by LPF, and NMC (9.5.5 & 811).
The Lithium, Nickel, and Cobalt demand for Electric two-wheelers expected to be 66,700 million metric tons per year, 35 million metric tons per year and 8,490 thousand metric tons per year by 2030.
Global Electric Two-Wheeler demand supply by 2030 will be 36.4 TWh which is around 35% of total electricity demand for Electric vehicles excluding China.
Among USA, Japan, Taiwan, Europe, and India have a maximum of Electric Two-Wheeler manufacturers.
Gogoro, Ola, and Ather are some of the top fundraised manufacturers.
The Report covers all major Electric two-wheeler market like China, Europe, Indonesia, Vietnam, North America, the US, India, Japan, South Korea, Australia, Africa, Pakistan, the Philippines, the Middle East, and the Rest of the World. Along with the Sales Volume, the fleet data is also part of the report.
The upfront price of an upper-range Electric Motorcycle is expected to be USD 10,000. Electric Mopeds and Electric Scooters in upper range product range will be around USD 400 and USD 800 by 2030.
The total cost of ownership (TCO) is the most attractive in India compared to China, and Indonesia.
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