Electric motorcycles market
The global electric motorcycles market is expected to witness 10.35% CAGR during the forecast period, 2019u20132025. Furthermore, the depleting oil reserves across world and the government initiatives to drive the adoption of green vehicles have led to the development of alternative solutions, increasing investments in vehicle charging infrastructure, increasing interest from large scale manufacturers and decline in battery costs, which are expected to boost the demand for electric motorcycles during the forecast period. However, the size of the electric motorcycle industry might be hindered due to the limited battery capacity of electric motorcycles, lack of charging infrastructure, performance constraints, and lack of awareness regarding the electric motorcycles.
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