Electric Bike Market Share | North American Electric Vehicle Market Growth 2023by Mack Nene Primary & Secondry Data Consultation
Strict government policies related to vehicle emission standards along with rising environmental concern to aid growth of North America electric two-wheeler market by 2023
According to TechSci Research report, “North America Electric Two Wheeler Market, By Vehicle Type, By Battery Capacity, By Battery Type, By Country, Competition Forecast & Opportunities, 2013 - 2023”, North America electric two-wheelers market is projected to witness a CAGR of more than 8% through 2023. Anticipated growth in the market is led by technological advancements in electric two-wheelers as well as their battery systems. Moreover, governments of different countries in North America are providing subsidies on electric vehicles, which is further increasing their demand across the region. Few of the leading electric two-wheeler companies operating in North America are Yadae Group Holdings Ltd, AIMA Technology Co. Ltd., Jiangsu Xinri E-Vehicle Co. Ltd., Zhenjiang Luyuan Electric Vehicle, and Dongguan Tailing Electric Vehicle Co. Ltd., among others.
Browse 25 market data Figures spread through 54 Pages and an in-depth TOC on "North America Electric Two-Wheeler Market"
On the basis of battery type, North America electric two-wheeler market is segmented into lead acid and li-ion battery. Lead acid battery segment dominated the market in 2017 and is anticipated to continue its dominance during forecast period as well on account of their economical prices. Among vehicle types, electric scooters/mopeds segment leads the North America electric two-wheeler market with a volume share of over 60% in 2017. Rising focus on development of advanced electric vehicle battery systems is further anticipated to aid North America electric two-wheeler market over the next five years.
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“Growth in demand for electric two-wheelers has been witnessed over the past few years in North America, owing to several government initiatives to promote the use of electric two-wheelers. Moreover, with continuously rising pollution levels, the need for cleaner automobiles with low emissions is also increasing, thereby fuelling demand for electric vehicles. Additionally, expanding dealer & distribution network of leading electric two-wheeler companies across North America along with increasing penetration of Chinese players would further propel growth in the region’s electric two-wheeler market in the coming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“North America Electric Two Wheeler Market, By Vehicle Type, By Battery Capacity, By Battery Type, By Country, Competition Forecast & Opportunities, 2013 - 2023” has analyzed the potential of electric two-wheeler market in North America region, and provides statistics and information on market sizes, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyzes emerging trends along with essential drivers and key challenges faced by North America electric two-wheeler market.
Press Release : https://www.techsciresearch.com/news/3511-lead-acid-battery-type-to-continue-dominating-north-america-electric-two-wheeler-market.html
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Created on Jan 31st 2023 02:43. Viewed 50 times.