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The key drivers that are boosting the demand of the global electric scooter and motorcycle market include the growing number of investments by the government at the global level to support the development of charging infrastructure, followed by the rising number of initiatives provided to the buyers.
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Electric Scooter and Motorcycle Market
The primary objective of the Electric Scooter and Motorcycle market report by GMI Research is to help the users understand the market scenario in terms of its definition, segmentation, drivers, opportunities, market trends, and the challenges that the market is facing. This report focuses on the Electric Scooter and Motorcycle market, especially in North America, Europe, Asia-Pacific, and the rest of the world.
Key Drivers of the Electric Scooter and Motorcycle Market The key drivers that are boosting the demand of the global electric scooter and motorcycle market include the growing number of investments by the government at the global level to support the development of charging infrastructure, followed by the rising number of initiatives provided to the buyers. In addition to this, the increasing trend of adapting e-mobility for short-distance travel will further surge the growth of the electric scooter and motorcycle market size in the coming years. With the growing concern for air pollution caused by gasoline-based vehicles, the governments are largely focusing on launching several subsidies and tax benefits to encourage the use of eco-friendly vehicles. Additionally, the low maintenance requirement of these vehicles due to the internal combustion engines in the electric vehicles is encouraging a large number of consumers to opt for these vehicles.
The growing population rate has led to a rise in the amount of traffic on the roads. This is promoting the customers, especially the working population, to travel by scooters and motorcycles, to avoid traffic jams. Moreover, the increasing necessity of competent vehicles with zero carbon discharge, along with the growing concerns associated with the environment and the implementation of strict regulation related to the vehicle emission is further enhancing the market’s demand. On the other hand, the poor performance of the electric vehicles and the shortage of charging infrastructure will have a negative impact on the market’s growth.
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