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Global Electric Two-Wheeler Market 2027

Global electric two-wheeler market is anticipated to grow at a CAGR of 14.08% during the forecast period to reach USD26,476.81 million by 2026. Click : https://bit.ly/3euBvI8

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Global Electric Two-Wheeler Market 2027

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  1. 2017 – 2027 GLOBAL ELECTRIC TWO-WHEELER MARKET FORECAST & OPPORTUNITIES www.techsciresearch.com MARKET INTELLIGENCE . CONSULTING

  2. Scope of Report Product of Interest (POI): Electric Two-Wheeler A moped is a two-wheeler with an underbone or step-through frame and a platform for the rider's feet. A motorcycle is a two wheeled motor vehicle with battery mounted in middle of the frame and a manual clutch and gear system. A motorcycle is larger and heavier in size than that of a moped and its design varies based on the range and purpose of travelling. Market Segmentation Year Range VEHICLE TYPE BATTERY TYPE Electric Scooter • Lead Acid • Electric Motorcycle • Li-ion • Review Period 2017 – 2020 RANGE REGION Less than 50Km • Base Year 50-100Km Asia-Pacific • • 2021 101-150Km America • • Above 150Km Europe • • Estimated Year MEA • 2022 BATTERY CAPACITY <25Ah >25Ah • • Forecast Period 2023 – 2027 2

  3. Table of Contents S. No. Contents Page No. 1. Product Overview (Definition of Product Type and major terminologies used in the report) Research Methodology (Detailed description of the methodology used to conduct the research, Raw data backup, list of all secondary sources, List of respondents for primary surveys) 2. 3. Impact of COVID-19 on Global Electric Two-Wheeler Market 4. Executive Summary (This chapter covers summary of the complete study.) 5. Voice Of Customer Global Electric Two-Wheeler Market Outlook, 2016-2026F (This chapter includes a brief overview of the product of interest market such as total market’s growth rate, expected growth rate, key growth levers, leading region, top grossing product types, etc. It includes more of a qualitative information about the market.) 6. 6.1. Market Size & Forecast 6.1.1. By Value & Volume 6.2. Market Share & Forecast 6.2.1. By Vehicle Type (Scooter/Mopeds, Motorcycle) 6.2.2. By Range (Less than 50Km, 50-100Km, 101-150Km, Above 150Km) 6.2.3. By Battery Capacity (<25Ah, >25Ah) 6.2.4. By Battery Type (Lead Acid, Li-ion) 6.2.5. By Company (2021) 6.2.6. By Region 6.3. Product Market Map 3

  4. Table of Contents S. No. Contents Page No. 7. Asia-Pacific Electric Two-Wheeler Market Outlook 7.1. Market Size & Forecast 7.1.1. By Value & Volume 7.2. Market Share & Forecast 7.2.1. By Vehicle Type 7.2.2. By Range 7.2.3. By Battery Capacity 7.2.4. By Battery Type 7.2.5. By Country 7.3. Asia-Pacific: Country Analysis 7.3.1. China Electric Two-Wheeler Market Outlook 7.3.1.1. Market Size & Forecast By Value & Volume 7.3.1.1.1. 7.3.1.2. Market Share & Forecast 7.3.1.2.1. By Vehicle Type 7.3.1.2.2. By Range 7.3.1.2.3. By Battery Capacity 7.3.1.2.4. By Battery Type 7.3.1.3. Policy and Regulatory Landscape 7.3.1.3.1. Government Incentives and Subsidies 7.3.1.3.2. Road and Infrastructure Related Regulations 7.3.1.3.3. Other Electric Two-Wheeler Related Regulations 4

  5. Table of Contents S. No. Contents Page No. 7.3.2. Indonesia Electric Two-Wheeler Market Outlook 7.3.2.1. Market Size & Forecast 7.3.2.1.1. 7.3.2.2. Market Share & Forecast 7.3.2.2.1. By Value & Volume By Vehicle Type 7.3.2.2.2. By Range 7.3.2.2.3. By Battery Capacity 7.3.2.2.4. By Battery Type 7.3.2.3. Policy and Regulatory Landscape 7.3.2.3.1. Government Incentives and Subsidies 7.3.2.3.2. Road and Infrastructure Related Regulations 7.3.2.3.3. Other Electric Two-Wheeler Related Regulations 7.3.3. Thailand Electric Two-Wheeler Market Outlook 7.3.3.1. Market Size & Forecast 7.3.3.1.1. By Value & Volume 7.3.3.2. Market Share & Forecast 7.3.3.2.1. By Vehicle Type 7.3.3.2.2. By Range 7.3.3.2.3. By Battery Capacity 7.3.3.2.4. By Battery Type 7.3.3.3. Policy and Regulatory Landscape 7.3.3.3.1. Government Incentives and Subsidies 7.3.3.3.2. Road and Infrastructure Related Regulations 7.3.3.3.3. Other Electric Two-Wheeler Related Regulations 5

  6. Table of Contents S. No. Contents Page No. 7.3.4. Philippines Electric Two-Wheeler Market Outlook 7.3.4.1. Market Size & Forecast 7.3.4.1.1. 7.3.4.2. Market Share & Forecast 7.3.4.2.1. By Value & Volume By Vehicle Type 7.3.4.2.2. By Range 7.3.4.2.3. By Battery Capacity 7.3.4.2.4. By Battery Type 7.3.4.3. Policy and Regulatory Landscape 7.3.4.3.1. Government Incentives and Subsidies 7.3.4.3.2. Road and Infrastructure Related Regulations 7.3.4.3.3. Other Electric Two-Wheeler Related Regulations 7.3.5. Vietnam Electric Two-Wheeler Market Outlook 7.3.5.1. Market Size & Forecast 7.3.5.1.1. By Value & Volume 7.3.5.2. Market Share & Forecast 7.3.5.2.1. By Vehicle Type 7.3.5.2.2. By Range 7.3.5.2.3. By Battery Capacity 7.3.5.2.4. By Battery Type 7.3.5.3. Policy and Regulatory Landscape 7.3.5.3.1. Government Incentives and Subsidies 7.3.5.3.2. Road and Infrastructure Related Regulations 7.3.5.3.3. Other Electric Two-Wheeler Related Regulations 6

  7. Table of Contents S. No. Contents Page No. 7.3.6. India Electric Two-Wheeler Market Outlook 7.3.6.1. Market Size & Forecast 7.3.6.1.1. 7.3.6.2. Market Share & Forecast 7.3.6.2.1. By Value & Volume By Vehicle Type 7.3.6.2.2. By Range 7.3.6.2.3. By Battery Capacity 7.3.6.2.4. By Battery Type 7.3.6.3. Policy and Regulatory Landscape 7.3.6.3.1. Government Incentives and Subsidies 7.3.6.3.2. Road and Infrastructure Related Regulations 7.3.6.3.3. Other Electric Two-Wheeler Related Regulations 7.3.7. Malaysia Electric Two-Wheeler Market Outlook 7.3.7.1. Market Size & Forecast 7.3.7.1.1. By Value & Volume 7.3.7.2. Market Share & Forecast 7.3.7.2.1. By Vehicle Type 7.3.7.2.2. By Range 7.3.7.2.3. By Battery Capacity 7.3.7.2.4. By Battery Type 7.3.7.3. Policy and Regulatory Landscape 7.3.7.3.1. Government Incentives and Subsidies 7.3.7.3.2. Road and Infrastructure Related Regulations 7.3.7.3.3. Other Electric Two-Wheeler Related Regulations 7

  8. Table of Contents S. No. Contents Page No. 7.3.8. Japan Electric Two-Wheeler Market Outlook 7.3.8.1. Market Size & Forecast 7.3.8.1.1. 7.3.8.2. Market Share & Forecast 7.3.8.2.1. By Value & Volume By Vehicle Type 7.3.8.2.2. By Range 7.3.8.2.3. By Battery Capacity 7.3.8.2.4. By Battery Type 7.3.8.3. Policy and Regulatory Landscape 7.3.8.3.1. Government Incentives and Subsidies 7.3.8.3.2. Road and Infrastructure Related Regulations 7.3.8.3.3. Other Electric Two-Wheeler Related Regulations 7.3.9. South Korea Electric Two-Wheeler Market Outlook 7.3.9.1. Market Size & Forecast 7.3.9.1.1. By Value & Volume 7.3.9.2. Market Share & Forecast 7.3.9.2.1. By Vehicle Type 7.3.9.2.2. By Range 7.3.9.2.3. By Battery Capacity 7.3.9.2.4. By Battery Type 7.3.9.3. Policy and Regulatory Landscape 7.3.9.3.1. Government Incentives and Subsidies 7.3.9.3.2. Road and Infrastructure Related Regulations 7.3.9.3.3. Other Electric Two-Wheeler Related Regulations 8

  9. Table of Contents S. No. Contents Page No. 8. Europe Electric Two-Wheeler Market Outlook 8.1. Market Size & Forecast 8.1.1. By Value & Volume 8.2. Market Share & Forecast 8.2.1. By Vehicle Type 8.2.2. By Range 8.2.3. By Battery Capacity 8.2.4. By Battery Type 8.2.5. By Country 8.3. Europe: Country Analysis 8.3.1. France Electric Two-Wheeler Market Outlook 8.3.1.1. Market Size & Forecast By Value & Volume 8.3.1.1.1. 8.3.1.2. Market Share & Forecast 8.3.1.2.1. By Vehicle Type 8.3.1.2.2. By Range 8.3.1.2.3. By Battery Capacity 8.3.1.2.4. By Battery Type 8.3.1.3. Policy and Regulatory Landscape 8.3.1.3.1. Government Incentives and Subsidies 8.3.1.3.2. Road and Infrastructure Related Regulations 8.3.1.3.3. Other Electric Two-Wheeler Related Regulations 9

  10. Table of Contents S. No. Contents Page No. 8.3.2. Germany Electric Two-Wheeler Market Outlook 8.3.2.1. Market Size & Forecast 8.3.2.1.1. 8.3.2.2. Market Share & Forecast 8.3.2.2.1. By Value & Volume By Vehicle Type 8.3.2.2.2. By Range 8.3.2.2.3. By Battery Capacity 8.3.2.2.4. By Battery Type 8.3.2.3. Policy and Regulatory Landscape 8.3.2.3.1. Government Incentives and Subsidies 8.3.2.3.2. Road and Infrastructure Related Regulations 8.3.2.3.3. Other Electric Two-Wheeler Related Regulations 8.3.3. United Kingdom Electric Two-Wheeler Market Outlook 8.3.3.1. Market Size & Forecast 8.3.3.1.1. By Value & Volume 8.3.3.2. Market Share & Forecast 8.3.3.2.1. By Vehicle Type 8.3.3.2.2. By Range 8.3.3.2.3. By Battery Capacity 8.3.3.2.4. By Battery Type 8.3.3.3. Policy and Regulatory Landscape 8.3.3.3.1. Government Incentives and Subsidies 8.3.3.3.2. Road and Infrastructure Related Regulations 8.3.3.3.3. Other Electric Two-Wheeler Related Regulations 10

  11. Table of Contents S. No. Contents Page No. 8.3.4. Italy Electric Two-Wheeler Market Outlook 8.3.4.1. Market Size & Forecast 8.3.4.1.1. 8.3.4.2. Market Share & Forecast 8.3.4.2.1. By Value & Volume By Vehicle Type 8.3.4.2.2. By Range 8.3.4.2.3. By Battery Capacity 8.3.4.2.4. By Battery Type 8.3.4.3. Policy and Regulatory Landscape 8.3.4.3.1. Government Incentives and Subsidies 8.3.4.3.2. Road and Infrastructure Related Regulations 8.3.4.3.3. Other Electric Two-Wheeler Related Regulations 8.3.5. Spain Electric Two-Wheeler Market Outlook 8.3.5.1. Market Size & Forecast 8.3.5.1.1. By Value & Volume 8.3.5.2. Market Share & Forecast 8.3.5.2.1. By Vehicle Type 8.3.5.2.2. By Range 8.3.5.2.3. By Battery Capacity 8.3.5.2.4. By Battery Type 8.3.5.3. Policy and Regulatory Landscape 8.3.5.3.1. Government Incentives and Subsidies 8.3.5.3.2. Road and Infrastructure Related Regulations 8.3.5.3.3. Other Electric Two-Wheeler Related Regulations 11

  12. Table of Contents S. No. Contents Page No. 9. Americas Electric Two-Wheeler Market Outlook 9.1. Market Size & Forecast 9.1.1. By Value & Volume 9.2. Market Share & Forecast 9.2.1. By Vehicle Type 9.2.2. By Range 9.2.3. By Battery Capacity 9.2.4. By Battery Type 9.2.5. By Country 9.3. Americas: Country Analysis United States Electric Two-Wheeler Market Outlook 9.3.1. 9.3.1.1. Market Size & Forecast By Value & Volume 9.3.1.1.1. 9.3.1.2. Market Share & Forecast 9.3.1.2.1. By Vehicle Type 9.3.1.2.2. By Range 9.3.1.2.3. By Battery Capacity 9.3.1.2.4. By Battery Type 9.3.1.3. Policy and Regulatory Landscape 9.3.1.3.1. Government Incentives and Subsidies 9.3.1.3.2. Road and Infrastructure Related Regulations 9.3.1.3.3. Other Electric Two-Wheeler Related Regulations 12

  13. Table of Contents S. No. Contents Page No. 9.3.2. Canada Electric Two-Wheeler Market Outlook 9.3.2.1. Market Size & Forecast 9.3.2.1.1. 9.3.2.2. Market Share & Forecast 9.3.2.2.1. By Value & Volume By Vehicle Type 9.3.2.2.2. By Range 9.3.2.2.3. By Battery Capacity 9.3.2.2.4. By Battery Type 9.3.2.3. Policy and Regulatory Landscape 9.3.2.3.1. Government Incentives and Subsidies 9.3.2.3.2. Road and Infrastructure Related Regulations 9.3.2.3.3. Other Electric Two-Wheeler Related Regulations 9.3.3. Mexico Electric Two-Wheeler Market Outlook 9.3.3.1. Market Size & Forecast 9.3.3.1.1. By Value & Volume 9.3.3.2. Market Share & Forecast 9.3.3.2.1. By Vehicle Type 9.3.3.2.2. By Range 9.3.3.2.3. By Battery Capacity 9.3.3.2.4. By Battery Type 9.3.3.3. Policy and Regulatory Landscape 9.3.3.3.1. Government Incentives and Subsidies 9.3.3.3.2. Road and Infrastructure Related Regulations 9.3.3.3.3. Other Electric Two-Wheeler Related Regulations 13

  14. Table of Contents S. No. Contents Page No. 9.3.4. Brazil Electric Two-Wheeler Market Outlook 9.3.4.1. Market Size & Forecast By Value & Volume 9.3.4.1.1. 9.3.4.2. Market Share & Forecast 9.3.4.2.1. By Vehicle Type 9.3.4.2.2. By Range 9.3.4.2.3. By Battery Capacity 9.3.4.2.4. By Battery Type 9.3.4.3. Policy and Regulatory Landscape 9.3.4.3.1. Government Incentives and Subsidies 9.3.4.3.2. Road and Infrastructure Related Regulations 9.3.4.3.3. Other Electric Two-Wheeler Related Regulations 10. Middle East & Africa Electric Two-Wheeler Market Outlook 10.1. Market Size & Forecast 10.1.1. By Value & Volume 10.2. Market Share & Forecast 10.2.1. By Vehicle Type 10.2.2. By Range 10.2.3. By Battery Capacity 10.2.4. By Battery Type 10.2.5. By Country 10.3. Middle East & Africa: Country Analysis 14

  15. Table of Contents S. No. Contents Page No. 10.3.1. South Africa Electric Two-Wheeler Market Outlook 10.3.1.1. Market Size & Forecast 10.3.1.1.1 By Value & Volume 10.3.1.2. Market Share & Forecast 10.3.1.2.1. By Vehicle Type 10.3.1.2.2. By Range 10.3.1.2.3. By Battery Capacity 10.3.1.2.4. By Battery Type 10.3.1.3. Policy and Regulatory Landscape 10.3.1.3.1. Government Incentives and Subsidies 10.3.1.3.2. Road and Infrastructure Related Regulations 10.3.1.3.3. Other Electric Two-Wheeler Related Regulations 10.3.2. Saudi Arabia Electric Two-Wheeler Market Outlook 10.3.2.1. Market Size & Forecast 10.3.2.1.1 By Value & Volume 10.3.2.2. Market Share & Forecast 10.3.2.2.1. By Vehicle Type 10.3.2.2.2. By Range 10.3.2.2.3. By Battery Capacity 10.3.2.2.4. By Battery Type 10.3.2.3. Policy and Regulatory Landscape 10.3.2.3.1. Government Incentives and Subsidies 10.3.2.3.2. Road and Infrastructure Related Regulations 10.3.2.3.3. Other Electric Two-Wheeler Related Regulations 15

  16. Table of Contents S. No. Contents Page No. 10.3.3. UAE Electric Two-Wheeler Market Outlook 10.3.3.1. Market Size & Forecast 10.3.3.1.1 By Value & Volume 10.3.3.2. Market Share & Forecast 10.3.3.2.1. By Vehicle Type 10.3.3.2.2. By Range 10.3.3.2.3. By Battery Capacity 10.3.3.2.4. By Battery Type 10.3.3.3. Policy and Regulatory Landscape 10.3.3.3.1. Government Incentives and Subsidies 10.3.3.3.2. Road and Infrastructure Related Regulations 10.3.3.3.3. Other Electric Two-Wheeler Related Regulations 10.3.4. Egypt Electric Two-Wheeler Market Outlook 10.3.4.1. Market Size & Forecast 10.3.4.1.1 By Value & Volume 10.3.4.2. Market Share & Forecast 10.3.4.2.1. By Vehicle Type 10.3.4.2.2. By Range 10.3.4.2.3. By Battery Capacity 10.3.4.2.4. By Battery Type 10.3.4.3. Policy and Regulatory Landscape 10.3.4.3.1. Government Incentives and Subsidies 10.3.4.3.2. Road and Infrastructure Related Regulations 10.3.4.3.3. Other Electric Two-Wheeler Related Regulations 16

  17. Table of Contents S. No. Contents Page No. 10.3.5. Turkey Electric Two-Wheeler Market Outlook 10.3.5.1. Market Size & Forecast 10.3.5.1.1 By Value & Volume 10.3.5.2. Market Share & Forecast 10.3.5.2.1. By Vehicle Type 10.3.5.2.2. By Range 10.3.5.2.3. By Battery Capacity 10.3.5.2.4. By Battery Type 10.3.5.3. Policy and Regulatory Landscape 10.3.5.3.1. Government Incentives and Subsidies 10.3.5.3.2. Road and Infrastructure Related Regulations 10.3.5.3.3. Other Electric Two-Wheeler Related Regulations 10.3.6. Iran Electric Two-Wheeler Market Outlook 10.3.6.1. Market Size & Forecast 10.3.6.1.1 By Value & Volume 10.3.6.2. Market Share & Forecast 10.3.6.2.1. By Vehicle Type 10.3.6.2.2. By Range 10.3.6.2.3. By Battery Capacity 10.3.6.2.4. By Battery Type 10.3.6.3. Policy and Regulatory Landscape 10.3.6.3.1. Government Incentives and Subsidies 10.3.6.3.2. Road and Infrastructure Related Regulations 10.3.6.3.3. Other Electric Two-Wheeler Related Regulations 17

  18. Table of Contents S. No. Contents Page No. 11. Market Dynamics 11.1. Drivers 11.2. Challenges 12. Market Trends & Developments 13. Competitive Landscape 13.1. Competitive Outlook 13.2. Company Profiles (Leading Companies) 13.2.1. Company Details 13.2.2. Product Types & Elevator Types 13.2.3. Financials (As Reported) 13.2.4. Key Market Focus & Geographical Presence 13.2.5. Recent Developments 13.2.6. Key Management Personnel 14. Strategic Recommendations 15. About Us & Disclaimer 18

  19. RESEARCH RESEARCH METHODOLOGY METHODOLOGY

  20. Research Methodology Market Profiling Data Analysis Data Data Developing list of respondents Formulating Questionnaire Collection Validation In-depth secondary research was conducted to determine top players in the Global electric two- wheeler market, overall market size and segmental market size. The data was scrutinized using MS-Excel, statistical tools and internal proprietary database to obtain qualitative and quantitative insights about the Global electric two- wheeler market Data obtained as a result of primary and secondary research was validated through rigorous triangulation. TechSci conducted interviews with industry experts and industry players for data collection and verification. In order to conduct industry experts’ interviews, TechSci formulated a detailed discussion guide. List of industry players and industry specialists was developed. Primary Research Desk Research Company Analysis ✓ ✓ Recent Developments Market Changing Aspects/Dynamics Government Policies Final Conclusion ✓ ✓ Market Participants Key Strengths ✓ Identifying Key Opinion Leaders Questionnaire Design In-depth Interviews Actionable Insights Data Filter & Analysis Business Solution Research & Intelligence Data Collection ✓ ✓ ✓ ✓ Primary Research Secondary Research Paid Sources LinkedIn TechSci Internal Database Company Websites Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Body Associations, etc. Factiva Hoovers ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ 20

  21. Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of global electric two-wheeler market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as growing fuel prices and surging initiatives of the government to escalate the acceptance of emission-free vehicles, including two-wheelers. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in global electric two- wheeler market. Methodology Followed for Calculation of Market Size: Market Size by Value & Volume: Market size, in terms of value & volume, for the year 2021 was calculated based on information collected • through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as electric two-wheeler companies, channel partners, market influencers & end users, industry experts, and other industry participants. The team interviewed more than 15 – 20 electric two-wheeler companies, 45 – 50 channel partners, 80 – 100 end users, and 15 – 20 industry • experts and other value chain stakeholders in the global electric two-wheeler market to obtain the overall market size from 2017-2021, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data from 2017 to 2021. 21

  22. Research Methodology Respondents were asked about the current and future market growth rates, market shares by vehicle type, by range, by battery capacity, by • battery type, by company and by region. Removing the outlier responses, the geometric mean of growth estimates and supplier wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders depending upon the end users of electric two-wheeler. Methodology Followed for Calculation of Market Shares: Market shares by vehicle type, by range, by battery capacity, by battery type, by company and by region were calculated based on the responses • received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various end users of electric two-wheeler. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers. Methodology Followed for Forecasting: TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in • SPSS/Tableau Software. Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast global • electric two-wheeler market, TechSci Research used various forecast techniques such as: Moving Average ✓ Time Series Analysis ✓ Regression Analysis ✓ Econometric and Judgmental Analysis ✓ 22

  23. Research Methodology TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short-, medium- and long-term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized market including market share data. The currency used in the report is the United States Dollar (USD), with the market size indicated in USD million. Partial List of Companies Interviewed Key Secondary Sources ▪ Niu International ▪ World Bank ▪ Yadea Technology Group Co.,Ltd. ▪ TechSci Research Proprietary Database & Knowledge ▪ Jiangsu Xinri E-Vehicle Co.,Ltd. Repository ▪ Viar Motor Indonesia ▪ Company Annual Reports ▪ Zero Motorcycles, Inc. ▪ Industry Magazines ▪ Honda Motor Company Ltd. ▪ Industry Reports ▪ Deco Green Energy CO. LTD. ▪ News Dailies ▪ Hero Electric Vehicles Pvt. Ltd. ▪ Credible Paid Databases ▪ Okinawa Autotech Pvt. Ltd. ▪ Ampere Vehicles Private Limited 23

  24. Industry Brief According to TechSci Research report, “Electric Two-Wheeler Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2016-2026”, the global electric two-wheeler market stood at USD10,629.17 million in 2020 and is expected to grow at a steady CAGR of 14.08% during the forecast period to reach USD26,476.81 million in 2026 on account of rising demand for emission-free two-wheelers and increasing environmental concerns. Electric two-wheelers, classified into motorcycles and scooters, are plug-in electric vehicles equipped with no more than two wheels. An electric two-wheeler's propulsion and the accessory system are powered exclusively by a zero- emissions electricity source. The power unit that propels the electric two-wheeler runs on electricity stored onboard in a rechargeable battery. The growing number of market participants will also contribute significantly to the global electric two-wheeler industry's growth over the next five years. The growth in ongoing research and development to develop more efficient electric two-wheelers having less charging time and more range, increasing environmental concerns, growing health concerns, growing electric two- wheeler manufacturing, rising demand for emission-free two-wheelers, lower running and maintenance cost coupled with growing government support for electric vehicles are expected to driving the market in the next five years, boosting the electric two-wheeler industry worldwide. Aside from that, the high cost of replacing a battery, scarcity of skilled mechanics, kilometers range, lack of electric two-wheeler charging infrastructure and lack of awareness are some of the primary challenges limiting the market's growth. The global electric two-wheeler market is segmented based on vehicle type, range, battery capacity, battery type, region, and competitional landscape. Based on vehicle type, the market is further fragmented into Scooter/Mopeds and Motorcycle, with Scooter/Mopeds holding the dominating market share of 89.66% in 2020. The significant market share of Scooter/Mopeds can be attributed to the reasons such as lightweight, lower prices, less charging time, good maneuverability, etc. Owing to growing research and development in electric motorcycles, the motorcycle segment is anticipated to be the fastest-growing segment in the forecast years. Based on range, the market is further fragmented into Less than 50Km, 50-100Km, 101-150Km, Above 150Km. The majority of the electric two-wheelers sold in the year 2020 had the range of 50-100Km, which was then followed by 101-500Km. The past five years have witnessed enormous growth in electric two-wheelers having a range above 150Km, owing to which electric two-wheelers having a range above 150Km are anticipated to be the fastest-growing segment in the next five years. Based on battery capacity, the market is bifurcated into >25Ah and <25Ah. Most of the electric two-wheelers sold in the year 2020 had battery capacity <25 Ah. As the capacity of a battery is designed on the basis of various factors such as the time, it will take to charge the battery, battery weight, battery size, research and development. The majority of electric two-wheeler manufacturers are producing electric motorcycles having battery capacity <25Ah, as a result, <25Ah is holding the commanding share of 83.83% in 2020 in the global electric two-wheeler market. Based on battery type, the market is further bifurcated into Lead Acid and Li-ion. The market of Lead-acid batteries is mature owing to its long-standing history and most nubile technology. Lead-acid batteries are low-cost batteries that are created by placing negative lead and positive lead dioxide electrodes into the sulfuric acid electrolyte. The lead acid-based batteries have significant applications in sustainable markets such as hybrid electric vehicles (HEV), start-stop automotive systems and grid-scale energy storage applications. Owing to its lower cost and most mature technology Lead Acid is holding the dominating market share of 84.87% in 2020 in the global electric two-wheeler market and the trend is expected to continue in the forthcoming years as well. Based on region, the market is further fragmented into APAC, Europe, Americas, Rest of the World. The global electric two-wheeler market is majorly dominated by the APAC region. Due to China, the region accounted for the highest sales of electric two-wheelers in the world in 2020, registering a market share of over 95%. The trend is expected to continue in the forthcoming years. APAC region is home to some of the largest electric two-wheeler manufacturers in the world. Furthermore, the region leads over the other regions in terms of population density, industries, universities, airports, ports, etc. Moreover, as masses in the region prefer traveling by two-wheelers, electric two-wheelers have gained steep market penetration in the past five years. The trend is anticipated to continue in the forthcoming years. Key market players in the electric two-wheeler market include: Niu International, Yadea Technology Group Co.,Ltd., Jiangsu Xinri E-Vehicle Co.,Ltd., Viar Motor Indonesia, Zero Motorcycles, Inc., Honda Motor Company Ltd., Deco Green Energy CO. LTD, Hero Electric Vehicles Pvt. Ltd., Okinawa Autotech Pvt. Ltd., Ampere Vehicles Private Limited Global electric two-wheeler market is fragmented with a lot of well-established players having presence in several countries. Niu International, Yadea Technology Group Co.,Ltd., Jiangsu Xinri E-Vehicle Co.,Ltd, Viar Motor Indonesia, Zero Motorcycles, Inc., Honda Motor Company, Ltd, Deco Green Energy CO., LTD., Hero Electric Vehicles Pvt. Ltd., Okinawa Autotech Pvt. Ltd., Ampere Vehicles Private Limited have dominating presence in global electric two-wheeler market. “APAC holds the largest revenue shares of 97.52% in the market and is anticipated to be leading region in the upcoming market on the account of availability of well-established electric two-wheeler industry. Furthermore, the market's growth is being aided by the quick increase in research and development in the field, as well as the increasing environment concerns. New market players are advised to invest and focus on the research and development of the electric two-wheelers and services for the brand establishment. Collaborations and regulated deals with the established market players would help the prospects of the new market player,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm. 24 © TechSci Research

  25. Sample Data - Snapshot Global Electric Two-Wheeler Market Size, By Value (USD Million) & By Volume (Thousand Units), 2017–2027F 15.00 110.00 14.00 100.00 13.00 90.00 12.00 80.00 11.00 70.00 10.00 60.00 9.00 50.00 8.00 40.00 7.00 30.00 6.00 20.00 5.00 10.00 2017 2021 2022E 2027F CAGR By Value & Volume XX% CAGR By Value & Volume YY% By Value (USD Million) By Volume ( Million Units) Americas Electric Two-Wheeler Market Share, By Battery Capacity, By Volume, 2017–2027F Global Electric Two-Wheeler Market Share, By Vehicle Type, By Volume, 2017–2027F Scoote r/Mop ed 50% 50% 50% 50% 50% 50% 50% 50% 50% 50%50% 50%50%50%50%50%50%50%50%50%50% 50% <25Ah 50% 50% 50% 50% 50% 50% 50% 50% 50% 50%50% 50%50%50%50%50%50%50%50%50%50% 50% Motor cycle >25Ah United States Electric Two-Wheeler Market Share, By Range, By Volume, 2017–2027F Less than 50Km 50-100Km 101-150Km Above 150Km 25% 25% 25% 25% 2027F 25% 25% 25% 25% 2026F 25% 25% 25% 25% 2025F 25% 25% 25% 25% 2024F 25% 25% 25% 25% 2023F 25% 25% 25% 25% 2022E 25% 25% 25% 25% 2021 25% 25% 25% 25% 2020 25% 25% 25% 25% 2019 25% 25% 25% 25% 2018 25% 25% 25% 25% 2017 25 © TechSci Research

  26. Report Ordering Report Name: GLOBAL ELECTRIC TWO-WHEELER MARKET FORECAST & OPPORTUNITIES 2017 – 2027 License Type Single User License Price $4900 Multi-User License Custom Research License $5900 $8900 To View Sample OR Purchase Report 26 © TechSci Research

  27. About Us & Disclaimer TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market. Related Reports UAE OTR Tire Market By Application Type (Agriculture, Construction, Mining, Material Handling, Ports, Forestry and Others {Terrain Vehicles, Sports Vehicles, etc.}), By Demand Category (OEM Vs Replacement), By Rim Size (Up to 25” and Above 25”), By Tire Construction (Radial, Bias), By Region, Competition Forecast & Opportunities, 2027 • Global Premium Two-Wheeler Tire Market By Type (Standard, Cruiser, Sport, Touring, Adventure Sport) By Demand Category (OEM vs Replacement) By Tire Type (Radial vs Bias) By Rim Size (up to 16inch, 16-17inch, Above 17inch), By Region, Company Forecast & Opportunities, 2027 • TechSci Research – North America 708 Third Avenue, Manhattan, New York, Europe Tel: +1- 646- 360- 1656 Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Europe 54, Old brook, Bretton, Peterborough, United Kingdom Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Asia-Pacific B – 44, Sector – 57, Noida, National Capital Region, U.P. - India Tel: +91-120-4523900 Email: sales@techsciresearch.com www.techsciresearch.com Disclaimer The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and firsthand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

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