Navigant Predicts Sales Of Electric Motorcycles, Scooters Will Hit 6 Million Annually By 2023

JUN 5 2014 BY ERIC LOVEDAY 3

Mahindra Electric Scooter

Mahindra Electric Scooter

Zero Motorcycles 2014 Lineup

Zero Motorcycles 2014 Lineup

“The market for power two-wheel (PTW) vehicles, which includes electric motorcycles (e-motorcycles) and electric scooters (e-scooters), has grown slowly in recent years. Although sales volumes in the next couple of years are likely to remain low, due to continued high costs for components and low levels of demand, this market is poised for growth after 2015...”

Predicts Navigant Research.

But by how much and how quickly will the two-wheel electric market grow?

“…worldwide sales of e-motorcycles will grow from 1.2 million vehicles annually in 2014 to 1.4 million in 2023, while sales of e-scooters will grow from 4.1 million to 4.6 million.”

That seems like some rather slow growth to us.

John Gartner, research director with Navigant Research, states:

“Consumers are seeking refuge from higher gasoline prices, electric two-wheel vehicles are growing more mature, and cities are becoming increasingly congested with traffic.  All of these factors will contribute to growing demand for power two-wheel vehicles — particularly high-powered e-motorcycles.”

As expected, Navigant predicts that China will lead the way in total sales of both electric scooters and electric motorcycles.  However, North America and Europe may see the most growth in sales in those two segments over the next 9 years.

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3 Comments on "Navigant Predicts Sales Of Electric Motorcycles, Scooters Will Hit 6 Million Annually By 2023"

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China alone is manufacturing 25-30 million electric bicycles every year.

Hard to believe the Navigant figures on e-scooters. I suppose it boils down to definitions.

If you look at pictures of various Chinese e-bikes many of them actually look like mini-mopeds with pedals. Many Chinese so-called e-bikes are in reality small mopeds or motor scooters.

It may simply be a matter of definitions.

But, Gartner and the Navigant figures seem way low. I don’t know if Gartner got his estimates from Jameson and Benjamin’s Light Electric Vehicles Report or what, but the figures seem to be way too low.

If interested – go to LEVA, Light Electric Vehicles website run by Richard Benjamin, a long time e-bike fan.

http://www.levassociation.com/

Glad to see something being published on Inside EVs on e-bikes and e-scooters and electric motorcycles.

Our kids will soon be riding them.

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When I started getting interested in EVs a little over 10 years ago, just about all the discussion centered around e-bikes made in China.

Bill Moore over at EV World usually had some newsy article on e-bikes because basically mass-produced electric cars were non-existent.

In fact, even further back in the early 2000’s, all the doomsayers were predicting the soon demise of the Prius and other early hybrids.

We all know what happened with that.

But critics persist to this day and the new target has become EVs.

Electric vehicles are off to the races, no doubt about.

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Here’s a link that gives a good definition as to what is legally considered to be an e-bike in the EU and numerous other places.

http://en.wikipedia.org/wiki/Electric_bicycle

They will be huge in lower income countries. But unlikely to be as huge in North America where people prefer and can afford cars, and most bike riding adults ride for exercise and health.