Electric Two-wheeler Market, Global, 2024 2030

Research Scope

• Study the global e2W market
• Identify and analyze the leading e2W OEMs in major 2W markets
• Understand significant trends in the global e2W market
• Capture key participants attracting investments in the e2W market
• Capture and analyze the top 5 global e2W markets
• Identify and analyze OEMs by types
• Identify 3 primary growth opportunities in the global e2W market
• Analyze the main business models
• Analyze key participants in e2W battery swapping technology, e2w motor manufacturing, battery cell suppliers, and charging infrastructure
• Forecast global e2W unit sales from 2024 to 2030

Forecast Considerations

• The forecast covers the top 16 e2W markets in Asia, Europe, North America, and Latin America.
• These 16 countries constituted 99.9% of global e2W sales in 2022.
• The forecast generates annual sales for the selected countries from 2023 to 2030.
• It uses historical annual sales data from 2018 to 2022.
• The forecast also uses qualitative and quantitative factors

Qualitative Factors 

• Government targets/announcements 
• Private targets/announcements 
• ICE 2W ban year 
• Number of factories 
• Production capacity 

Qualitative Factors 

• e2W penetration 
• Number of e2W OEMs 
• Government investments 
• Private investments 
• e2W sales growth rate 
• Smartphone penetration 
• Urban population 
• Population age groups 
• Congestion index 

Countries Considered for the Forecast 

Asia 

• China 
• Taiwan 
• Japan 
• Vietnam 
• Indonesia 
• Thailand 
• India 

North America 

• United States 
• Canada 

Europe 

• Germany 
• France 
• Italy 
• Spain 
• United Kingdom 

Latin America 

• Brazil 
• Colombia

Competitive Environment?

Segmentation

eMoped 

• The eMoped falls under the L1e-B vehicle category. 
• These e2Ws have a motor power output of <4 kilowatt (kW) and a top speed of <45 km per hour (km/h), equivalent to an ICE 2W with <50 cubic capacity. 

eScooter 

• The eScooter falls under the L3e-A1 category. 
• These e2Ws have a motor power output between 4 kW and 11 kW. 

eMotorcycle 

• The eMotorcycle falls under the L3e-A2 and L3e-A3 categories. 
• These e2Ws have a motor power output of >4 kW. 

eKick Scooter 

• Most eKick scooters have a maximum motor power output of <500 watts (W) and a top speed of 20 km/h. 
• These e2Ws do not have a widely accepted specified category. 

eBike 

• The eBike falls under the L1e-A category. 
• These e2Ws comprise a 2W bike with an electric motor. 
• The eBike falls under the pedaled vehicle classification, with a top speed of up to 25 km/h and a motor power output between 250 W and 1 kW. 

eCargo Bike 

• The eCargo bike falls under the L1e-A category. 
• These e2Ws comprise a category bicycle with an electric motor. 
• The eCargo bike falls under the pedaled vehicle classification, with a top speed of up to 25 km/h, a 200 kilogram (kg) payload, and a motor power output between 250 W to 1 kW.