All Reports
3Q 2022

Market Data: Electric Two-Wheel Vehicles

Electric Bicycles, Scooters, Motorcycles, and Micromobility Sharing Services: Global Market Analysis and Forecasts

Ridership of electric two-wheel vehicles (E2WVs) has experienced strong growth over the past 7-8 years,  supported by government regulations that encourage the transition to electric mobility, the expansion of cycle lane infrastructure, and restrictions on vehicle access to cities. More recently, the market has been boosted by the COVID-19 pandemic and a global economic environment characterized by high fuel prices and sharp increases in the cost of living. The outlook for E2WVs remains positive, with governments implementing stronger policies supporting the use of electric micromobility. For example, the Indian government recently extended its FAME II subsidy scheme to 2024 and has drafted a policy for rapidly expanding the nation’s battery swapping network.

Manufacturers including motorcycle and automotive OEMs have seized this opportunity by developing E2WVs to meet the demand for seated e-scooters and e-motorcycles in particular. Safety is a major challenge for E2WVs that has been addressed by the implementation of a range of technologies. The emergence of battery swapping is likely to increase the expansion of E2WVs over the coming decade, improving the distribution of charging infrastructure and helping reduce upfront purchase prices.

This Guidehouse Insights report analyzes the global potential for E2WVs and evaluates how the market will evolve. The report features an overview of the key E2WV technologies (e-bikes, seated e-scooters, and e-motorcycles) and examines the key drivers for growth. It includes global market forecasts through 2031, segmented by unit sales and sales revenue as well as E2WV unit sales by power level and the installed base of shared micromobility vehicles.

Pages 33
Tables | Charts | Figures 44
  • What are the expected unit sales and total sales revenue for the major E2WV technologies?
  • How will the emergence of battery swapping networks impact micromobility?
  • Which major automotive and motorcycle OEMs are developing E2WVs?
  • In which regions are E2WVs emerging and where are they likely to see growth?
  • What are the key factors that will impact the future growth of E2WVs?
  • What technology innovations are being deployed on E2WVs?
  • Manufacturers of e-bikes, e-motorcycles, and seated e-scooters
  • Battery manufacturers
  • Shared micromobility service providers
  • Transportation and city authorities
  • Utilities
  • Investor community

1. Executive Summary

1.1   Introduction

1.2   Market Forecast Highlight

2. Market Trends

2.1   Introduction

2.2   The Rise of E2WV Battery Swapping

2.3   Major Vehicle OEMs Shifting Towards E2WVs

2.4   Favorable E2WV Policy Environment

2.5   Emerging Shared Micromobility Technology Solutions

3. Market Forecasts

3.1   Scope

3.2   Total Two-Wheeler Vehicle Sales

3.3   E2WV Unit Sales and Revenue by Region

3.4   E2WV Unit Sales by Technology

3.4.1   E-Bikes

3.4.2   Seated e-Scooters

3.4.3   E-Motorcycles

3.5   E2WV Unit Sales by Peak Motor Power Level

3.6   Installed Base of Shared Micromobility Vehicles by Region

3.7   Installed Base of Shared Micromobility Vehicles by Technology

4. Conclusions and Recommendations

4.1   Safety

4.2   Infrastructure

5. Acronym and Abbreviation List

6. Table of Contents

7. Table of Charts and Figures

8. Scope of Study, Sources and Methodology, Notes

  • Total Two-Wheel Vehicle Unit Sales by Technology, World Markets: 2022-2031
  • E2WV Unit Sales by Region, World Markets: 2022-2031
  • E2WV Sales Revenue by Region, World Markets: 2022-2031
  • E2WV Unit Sales by Technology, World Markets: 2022-2031
  • E2WV Sales Revenue by Technology, World Markets: 2022-2031
  • e-Bike Unit Sales by Region, World Markets: 2022-2031
  • Seated e-Scooter Unit Sales by Region, World Markets: 2022-2031
  • e-Motorcycle Unit Sales by Region, World Markets: 2022-2031
  • E2WV Unit Sales by Peak Motor Power Level, World Markets: 2022-2031
  • Installed Base of Shared Micromobility Vehicles by Region, World Markets: 2022-2031
  • Installed Base of Shared Micromobility Vehicles by Technology, World Markets: 2022-2031
  • Yamaha EMF Seated e-Scooter, Compatible with Gogoro Battery Swap Network
  • Swiftmile E-Kick Scooter Charging Hub
  • Geographic Dimensions
  • Total (ICE + Electric) Two-Wheel Vehicle Unit Sales by Region, World Markets: 2022-2031
  • Total Two-Wheel Vehicle Unit Sales by Technology, World Markets: 2022-2031
  • Total Bicycle Unit Sales by Region, World Markets: 2022-2031
  • Total Seated Scooter Unit Sales by Region, World Markets: 2022-2031
  • Total Motorcycle Unit Sales by Region, World Markets: 2022-2031
  • E2WV Unit Sales by Region, World Markets: 2022-2031
  • E2WV Unit Sales by Technology, World Markets: 2022-2031
  • E2WV Sales Revenue by Region, World Markets: 2022-2031
  • E2WV Sales Revenue by Technology, World Markets: 2022-2031
  • e-Bike Unit Sales by Region, World Markets: 2022-2031
  • Seated e-Scooter Unit Sales by Region, World Markets: 2022-2031
  • e-Motorcycle Unit Sales by Region, World Markets: 2022-2031
  • e-Bike Sales Revenue by Region, World Markets: 2022-2031
  • Seated e-Scooter Sales Revenue by Region, World Markets: 2022-2031
  • e-Motorcycle Sales Revenue by Region, World Markets: 2022-2031
  • E2WV Unit Sales by Peak Motor Power Level, North America: 2022-2031
  • E2WV Unit Sales by Peak Motor Power Level, Europe: 2022-2031
  • E2WV Unit Sales by Peak Motor Power Level, China: 2022-2031
  • E2WV Unit Sales by Peak Motor Power Level, India: 2022-2031
  • E2WV Unit Sales by Peak Motor Power Level, OECD Asia Pacific: 2022-2031
  • E2WV Unit Sales by Peak Motor Power Level, Rest of Asia Pacific: 2022-2031
  • E2WV Unit Sales by Peak Motor Power Level, Latin America: 2022-2031
  • E2WV Unit Sales by Peak Motor Power Level, Middle East & Africa: 2022-2031
  • E2WV Unit Sales by Peak Motor Power Level, World Markets: 2022-2031
  • Installed Base of Shared Micromobility Vehicles by Region, World Markets: 2022-2031
  • Installed Base of Shared e-Bikes by Region, World Markets: 2022-2031
  • Installed Base of Shared e-Kick Scooters by Region, World Markets: 2022-2031
  • Installed Base of Shared Seated e-Scooters by Region, World Markets: 2022-2031
  • Installed Base of Shared Micromobility Vehicles by Technology, World Markets: 2022-2031
  • Automotive and Motorcycle Manufacturer Micromobility Activity and Product Descriptions
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Industry Insight Feb 09, 2021
e-Motorcycles Struggle to Ride e-2WV Wave but Opportunities Remain