Overview of Start-ups Disrupting the Electric Two-wheeler Market, Global, 2022

Automotive Overview of Start-ups Disrupting the Electric Two-wheeler Market, Global, 2022

Rising Electrification Stimulates Start-up Culture, Collaborations, and Innovative Technology Trends

INDUSTRY
Automotive

RELEASE DATE
14-Nov-2022
REGION
Global
DELIVERABLE TYPE
Market Research

RESEARCH CODE
PD3A-01-00-00-00
SKU
AU02428-GL-MT_27074
Yes
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Overview of Start-ups Disrupting the Electric Two-wheeler Market, Global, 2022
Published on: 14-Nov-2022 | SKU: AU02428-GL-MT_27074

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There is a global emergence of start-ups, especially in the electric two-wheeler (E2W) segment, during and post-COVID-19 pandemic. With lockdowns preventing people from leaving their homes, last-mile delivery services boomed, increasing the use and popularity of light electric vehicles. In addition, economic and environmental factors such as rising fuel prices and economies shifting to greener and sustainable transportation to decrease the carbon footprint drive the E2W market demand worldwide. As the E2W market grows, associated subsegments such as E2W fleet businesses and battery manufacturing, swapping, and charging infrastructure register concurrent growth.

Start-ups in the E2W segment are not a new occurrence. However, the number of start-ups and the investments they attract have increased considerably after the pandemic. Most countries have also shifted their focus from two-wheelers with internal combustion engines to E2Ws, evident through the subsidies and incentives offered to manufacturers and other market stakeholders.

In this report, Frost & Sullivan evaluates start-ups in the E2W market and subsegments, focusing on disruptive innovations in business models, products, solutions, and technologies. The evaluation process filters start-ups in each segment globally to the top 10, with the top five profiled. We also provide market stakeholders with growth opportunities they can explore and capture.

Author: Shradha Manjrekar

Why Is It Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Global Electric Two-wheeler (E2W) Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Scope of Analysis

Vehicle Segmentation and Definition

Market Segmentation

Competitors

Growth Drivers

Growth Restraints

Start-up Definition

The Start-up Methodology

Step 1 of the Benchmarking Criteria—Definition

Step 2 of the Benchmarking Criteria—Definition

E2W OEMs—Benchmark Overview

E2W Fleet Operators—Benchmark Overview

E2W Battery-swapping and Charging Infrastructure—Benchmark Overview

Main Participants Investing in Start-ups

E2W Start-ups Attracting Major Investments Globally

Emerging Global Destinations for E2W Start-up Investments in the Past 2 Years

Growth Opportunities by Region—Boosting Investments in E2W Start-ups

Step 1 of the Benchmarking Criteria—Definition

Shortlisting Exercise

Shortlisting Exercise (continued)

Frost & Sullivan's Criteria to Shortlist Companies

Step 2 of the Benchmarking Criteria—Definition

Frost & Sullivan Start-up Evaluation—Scorecard

Frost & Sullivan Start-up Evaluation—Scorecard (continued)

Damon Motors Inc. Profile

Damon Motors Inc. Profile (continued)

Gogoro Inc. Profile

Gogoro Inc. Profile (continued)

Ola Electric Profile

Ola Electric Profile (continued)

Cake Profile

Cake Profile (continued)

Vinfast Profile

Vinfast Profile (continued)

Step 1 of the Benchmarking Criteria—Definition

Shortlisting Exercise

Frost & Sullivan's Criteria to Shortlist Companies

Step 2 of the Benchmarking Criteria—Definition

Frost & Sullivan Start-up Evaluation Radar—Scorecard

Acciona Mobility

Acciona Mobility (continued)

Tier Mobility

Tier Mobility (continued)

Bounce—Bounce Share

Bounce—Bounce Share (continued)

Yulu Bikes

Yulu Bikes (continued)

Revel Transit Inc.

Revel Transit Inc. (continued)

Step 1 of the Benchmarking Criteria—Definition

Shortlisting Exercise

Frost & Sullivan's Criteria to Shortlist Companies

Step 2 of the Benchmarking Criteria—Definition

Frost & Sullivan Start-up Evaluation Radar—Scorecard

Gogoro Inc. Profile—Battery-swapping Solutions

Gogoro Inc. Profile—Battery-swapping Solutions (continued)

Swobbee Profile

Swobbee Profile (continued)

Bounce—Bounce Infinity Profile

Bounce—Bounce Infinity Profile (continued)

Sun Mobility Profile

Sun Mobility Profile (continued)

KYMCO Ionex Profile

KYMCO Ionex Profile (continued)

Frost & Sullivan's Criteria to Shortlist Companies

Log9 Materials Profile

Log9 Materials Profile (continued)

Matter Profile

Matter Profile (continued)

Gouach Profile

Gouach Profile (continued)

Growth Opportunity 1: Purpose-built E2Ws for Shared and Commercial Applications

Growth Opportunity 1: Purpose-built E2Ws for Shared and Commercial Applications (continued)

Growth Opportunity 2: Battery Recycling

Growth Opportunity 2: Battery Recycling (continued)

Growth Opportunity 3: Demand Creation through Newer Business Models

Growth Opportunity 3: Demand Creation through Newer Business Models (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

Legal Disclaimer

List of Figures

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There is a global emergence of start-ups, especially in the electric two-wheeler (E2W) segment, during and post-COVID-19 pandemic. With lockdowns preventing people from leaving their homes, last-mile delivery services boomed, increasing the use and popularity of light electric vehicles. In addition, economic and environmental factors such as rising fuel prices and economies shifting to greener and sustainable transportation to decrease the carbon footprint drive the E2W market demand worldwide. As the E2W market grows, associated subsegments such as E2W fleet businesses and battery manufacturing, swapping, and charging infrastructure register concurrent growth. Start-ups in the E2W segment are not a new occurrence. However, the number of start-ups and the investments they attract have increased considerably after the pandemic. Most countries have also shifted their focus from two-wheelers with internal combustion engines to E2Ws, evident through the subsidies and incentives offered to manufacturers and other market stakeholders. In this report, Frost & Sullivan evaluates start-ups in the E2W market and subsegments, focusing on disruptive innovations in business models, products, solutions, and technologies. The evaluation process filters start-ups in each segment globally to the top 10, with the top five profiled. We also provide market stakeholders with growth opportunities they can explore and capture. Author: Shradha Manjrekar
More Information
Deliverable Type Market Research
Industries Automotive
No Index No
Is Prebook No
List of Charts and Figures E2W: Vehicle Segmentation and Definition, Global, 2021 E2W: Growth Drivers, Global, 2022–2025 E2W: Growth Restraints, Global, 2022–2025 Start-ups Disrupting E2W: Benchmarking Criteria Definition, Global, 2022 Start-ups Disrupting E2W: Selection Criteria Definition, Global, 2022 Start-ups Disrupting E2W: Shortlist Criteria, Global, 2022 Start-ups Disrupting E2W: Key Participants, Global, 2022 Start-ups Disrupting E2W: E2W Start-up Investments, Global, 2021–2022 Start-ups Disrupting E2W OEMs: Selection Criteria Definition, Global, 2022 Start-ups Disrupting E2W OEM: Shortlist Criteria, Global, 2022 Start-ups Disrupting E2W OEM: Selection Criteria Definition, Global, 2022 Start-ups Disrupting E2W OEM: Benchmarking Criteria Scoring, Global, 2022 Start-ups Disrupting E2W Fleet Operator: Selection Criteria Definition, Global, 2022 Start-ups Disrupting E2W Fleet Operator: Shortlist Criteria, Global, 2022 Start-ups Disrupting E2W Fleet Operator: Selection Criteria Definition, Global, 2022 Start-ups Disrupting E2W Fleet Operator: Benchmarking Criteria Scoring, Global, 2022 Start-ups Disrupting E2W Charging Infrastructure: Benchmarking Criteria Definition, Global, 2022 Start-ups Disrupting E2W Charging Infrastructure: Selection Criteria Definition, Global, 2022 Start-ups Disrupting E2W Charging Infrastructure: Shortlist Criteria, Global, 2022 Start-ups Disrupting E2W Charging Infrastructure: Benchmarking Criteria Scoring, Global, 2022 Start-ups Disrupting E2W Battery Manufacturing: Shortlist Criteria, Global, 2022
Podcast No
WIP Number PD3A-01-00-00-00