Future of Electric Two-Wheeler Market
The Future of the Electric Two Wheeler Market is rapidly transforming the way people commute across the globe. Rising fuel prices, stricter emission norms, and a global push toward sustainable transport are accelerating this shift. According to MarkNtel Advisors’ Global Electric Two-Wheeler Market Report (2023–2028) , the industry is expected to grow at an impressive 25.57% CAGR during the forecast period. This highlights how electric scooters and motorcycles are moving from niche products to mainstream mobility solutions. Growth Outlook: A Greener Road Ahead The growth of the global electric two-wheeler market is being driven by governments worldwide that are actively supporting eco-friendly transport solutions. Incentives, subsidies, and tax exemptions are reducing the upfront cost for consumers. At the same time, rising urban congestion and pollution are pushing cities to promote electric mobility. Notably, Southeast Asia is emerging as a hotbed for adoption. Countries such ...