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NEWS
55 million e-bikes to be sold in next decade
That’s according to a report from a research company, with population behemoth China accounting for all but 1.4 million of them…A mind-blowing 53.9 million electric motorcycle and scooters will be sold in China over the next decade, according to a leading research company.
The forecasting by Navigant Research points to China remaining the dominant force in e-bike sales, to the extent that the rest of the world ‘team’ will only account for 1.4 million units during the same period (2015-2025).
John Gartner, research director with Navigant Research stated: “Although high component costs and sluggish demand currently hamper the sales of electric two-wheel vehicles today, this market is poised for growth as consumer markets continue to expand and new high-profile competitors such as Harley-Davidson enter the market. In many areas, the use of e-motorcycles and e-scooters is permitted on roads and on paths designated for bicycles and scooters, broadening their appeal for younger motorists.”
According to Navigant, e-bikes will still be more expensive than their internal combustion counterparts in the near future, which is the limiting factor for sales.
“Despite these challenges, manufacturers of these vehicles are finding strategies for success, according to the report – including targeting the fleet market, which has proven to be a successful niche for e-motorcycles and e-scooters in both law enforcement and small cargo delivery. Going forward, the shifting nature of personal mobility is also expected to contribute to the increased interest in utilizing scooters and motorcycles for transportation.”
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Written byBikesales Staff
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Please see our Editorial Guidelines & Code of Ethics (including for more information about sponsored content and paid events). The information published on this website is of a general nature only and doesn’t consider your particular circumstances or needs.
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