Study Suggests Strong Growth In Electric Motorcycle Segment

5 days ago by Rideapart.com 5

2018 Zero Motorcycles

New Study Forecasts Strong Electric Motorcycle Growth

A recent study by Infiniti Research Ltd predicts that the electric motorcycle market will grow 42 percent in the next five years. Reported on military-technologies.net, the detailed analysis includes all major global markets, and identifies major players like Zero Motorcycles, Energica Motor Company, Lightning Motorcycle, and SAROLEA.

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The study is designed to assist manufacturers and vendors in developing marketing strategies and recognizing trends through 2021. Other prominent vendors mentioned in the report were Alta Motors, Bell Custom Cycles (BCC), CAKE, KTM Sportmotorcycle, Lito, Polaris Industries, Saietta Group, Emflux Motors, Johammer e-mobility, Torkmotors, and ZecOO- The Electric Motorcycle.

One trend in the market is development of long-mile range motorcycles,” said one analyst on the study team.

“High-performance electric motorcycles are the known for their power and mile range. Although their mile range is quite larger than low-powered motorcycles, it is not enough for premium pricing. Hence, OEMs are continuously working toward the development of battery technology so that mile- range bridge between these motorcycles and ICE counterparts is reduced.”

The report concludes that the most prominent driver in the market is decreasing battery prices, which allows OEMs to push cost benefit toward customers. Battery technology represents the key role in market development, because it determines the mile range and charging time for electric motorcycles. Since batteries account for 25 percent of the total cost, they have the strongest effect on both profitability and adoption rate.

The shift from lead acid batteries to lithium-ion sources has increased performance by a factor of eight. The market is facing continuous improvement in battery technology, which increases the battery energy density.

The report also states that high purchase prices remain the most challenging prospect for high-performance electric motorcycles. Although while the initial cost of electric motorcycles is higher than equivalent internal combustion powered bikes, the total cost of ownership is less than that of IC-powered bikes due to the latter’s higher fuel and maintenance costs.

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5 responses to "Study Suggests Strong Growth In Electric Motorcycle Segment"

  1. Will says:

    There are probably less than 30 electric motorcycles in the entirety of the UK. a 40% growth is an extra 12 electric motorcycles. That’s not a lot, really. We need a 10,000% difference to matter in the bigger picture.

  2. jimjfox says:

    30?? Where’s your evidence?
    http://www.energysavingtrust.org.uk/blog/e-asy-riders-%E2%80%93-are-electric-motorcycles-about-go-big
    First up, the numbers game. Electric motorcycles are far from a common sight currently, but how many are there? Luscombe said:

    “In the UK, there has been an increase in registrations every year for the last three or four years. There could be over a thousand new machine registrations by the end of this year.”

  3. Steven says:

    I can’t speak for everyone who owns a motorcycle or two, but I ride my bike for very different reasons than I drive my car.

    But I’ll be happy to replace my Sporty when an E-Bike can do what it does, so long story short, they have to recharge quickly. To me that means L2 is a minimum, and FCDC is preferable. I can’t go riding with my friends when I have to stop every 100 miles to recharge for 2-3 hours.

    And exchangeable batteries (to me) are a non-starter.

    And unfortunately I can’t afford batteries made of unobtanium, so it really can’t be too much more than an ICE bike at time of purchase.

    But that’s just me.

  4. Baker says:

    Steven, I think most cyclists are like you, riding for pleasure and relaxation, not personal transportation. I hope that people will start to see 2-wheel transportation of the motorized variety as a way toward a much, much cleaner future. Electric motorcycles are simply the most fuel efficient vehicles on the planet, something this article never mentions, surprisingly.

    I’m the other side of the spectrum. I had no interest in motorcycles. Had never owned one. I am, though, an ardent environmentalist who works hard to find more efficient ways to live. I’ve started a number of small recycling programs, walked or rode a bicycle to work for decades, then bought a Volt 6 years ago, almost as soon as they became available. One year ago, at the age of 61, after mulling it over for months, I purchased a Zero S for getting around town. In the year I’ve had it, the Volt mainly stays home, and the bike is my primary transportation. In town, which is how I do most of my riding, Zero claims the bike gets a ridiculous 475 mpge!!! I’ve got the largest battery (13 kWh, 11.3 usable) and the faster charger, and it will travel 150 miles of urban/suburban travel on a charge. Most days I don’t even plug it in. I pull in the alley every 4 days or so when it gets down to about 50%.

    Between e-bikes, e-scooters, and e-motorcycles, we have a class of transportation that is phenomenally low impact in terms of fuel usage, but also road wear and space for parking and travel.

    A lot of tree-hugging types ride bikes. I hope they’ll start considering the electric powered type for their powered vehicle option.

  5. Kompani101 says:

    I live in the Philippines and am really looking forward to buying an ebike as we can charge it for free using solar. At the moment we have a Toyota SUV and a Yamaha Mio Scooter but want to go all EV when we can.

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