Electric two-wheelers, as indicates itself, is electricity-powered two-wheelers. A battery pack and a motor are installed to store and transform the electricity. A user control is usually attached to the handle bar to brake and adjust the speed.
Under this abstract definition, a variety of types and styles are available to consumers in the market and still developing. This paper follows the mainstream definition and mainly focuses on the Chinese market. Electric Motorcycles & Scooters can be classified as a combination of electric bicycle, electric scooter, electric motorcycle, and so on. The power-assisted electric scooter with pedals is also called electric bicycle in China.
Hence, the in this report, the statistics mainly focus on the following several kinds including E-motorcycles, E-bicycles and E-scooters etc.
Electric Motorcycles & Scooters
can be classified as a combination of electric scooter, electric motorcycle, and so on. The power-assisted electric scooter with pedals is also called electric bicycle in China, and China is the largest producer of the Electric Motorcycles & Scooters products, over 92% of the global total production is from China in the past years. In the past several years, the global Electric Motorcycles & Scooters market is relatively stable with CAGR of 4.57% from 2014 to 2019. In 2018, the global actual consumption amount of Electric Motorcycles & Scooters was around 16680 K Units.
The global average price of Electric Motorcycles & Scooters is in fluctuation in 2014-2019, from about 238 $/Unit in 2019 to 243 $/Unit in 2014. The price will be in increase trend while demand is going to be saturated and the price of the raw material (e.g. Steel) will increase. The sales volume of Electric Motorcycles & Scooters will reach to around 27075.83 K Unit in 2025 from 20649.1 K Units in 2019 all around the world, with the CAGR of 4.65%.
China is the largest sales market of Electric Motorcycles & Scooters in the world in the past few years and it will keep the same position in the next years. China sales volume took up about 93.42% the global market in 2017, but it has changed in 2018 due to the saturated demand (means that the demand is relatively rated, but the production increased too fast and began to be oversupply). China sales share dropped to 92.86% in 2019. At the same time, the export to Europe and USA increased dramatically. Apparently, many Chinese producers of Electric Motorcycles & Scooters are trying their best to look for new growing-market, while Chinese market is in fierce competition and some small players have quitted this business especially in recent years.
Currently, Yadea, AIMA, Lvyuan, Sunra, TAILG, Lima, BYVIN, Wuyang Honda, HONG ER DA, Lvjia are the top ten players in the global Electric Motorcycles & Scooters market. The Terra Motor (from Japan), ZEV (From USA), Giant EV (brand from Taiwan, but produced in China), and Yamaha (brand from Japan, but produced in China) are other key brands outside China.