Electric motorcycles and scooters are plug-in electric
vehicles with two or three wheels powered by electricity. The electricity is
stored on board in a rechargeable battery, which drives one or more electric
motors. Electric scooters (as distinct from motorcycles) have a step-through
frame.
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The early history of electric bikes is to some degree hazy.
In 1895, a patent application for an "electrical bike" was documented
by Ogden Bolton Jr. of Canton Ohio. The second was recorded by Hosea W. Libbey
of Boston.
While electric scooters (Vesta-style, not Razor-style) are
not very widespread yet in the US, they are picking up pace for mode of
transport. This is largely due to environmental issues, easy to use and unreasonably
costly.
Niu, the self proclaimed “largest lithium-ion
battery-powered e-scooter organization in China" has now made one more
stride towards developing their electric bike realm by petitioning for an IPO
in the US. The generally new Chinese organization, established in 2014, is
planning to raise $150M through an
initial public offering in the US. The documenting is being made under the
image Niu.
Niu’s success isn't unnoticed, with the company's revenue increasing
from $52 million in 2016 to $112 million in 2017. In the first half of 2018,
the company has already earned $81 million in revenue.
Apart from this, the company recently revealed their plans
to introduce two new electric scooter models into the European market as well.
Niu is aggressively targeting Europe with its new electric scooters, focusing
on young, stylish consumers that contribute majorly towards growing electric
scooter market. It has a wide variety of new scooters built for these market,
including 30 mph models meant to compete with 50cc scooters and 44 mph models
that are closer to 125cc scooter specs. Niu’s prices in Europe are higher than
their prices in China, though their European models include higher-end
components such as Bosch motors. Prices for Niu scooters in Europe range from
approximately $2,700 to $5,300, depending on their model. The company has not
yet announced plans to offer their electric scooters for sale in the US, though
an IPO in the US is a good first step.
Europe has been reliably driving the US in electric vehicle
reception patterns for as long as couple of years. While electric scooter sales
aren’t as high in the US, Americans have already begun embracing electric
mopeds and scooters in rental programs found in cities such as San Francisco,
NYC and Pittsburgh. And with the success of electric kick-scooter companies
like Bird and Lime, Americans are sooner going to realize that it’s more
comfortable to sit down than to stand up.
With an increasing number of options for electric scooters
and motorcycles in the US, from the $2,495 City Slicker electric motorcycle to
the American-made $3,700 GenZe 2.0 electric scooter, the US could be well on
its way to seeing the same type of electric scooter boom that Europe is already
enjoying.
In 2017, the first vehicle in the US to use the new Lithium
Titanium Oxide (LTO) battery non-flammable battery technology is a scooter
called The Expresso. This new technology charged the battery in less than 10
minutes and withstands 25,000 charges. The technology, created by Altairnano,
is currently being used in China where over 10,000 urban buses run on these
fast charge batteries.
Bonafide Research report gives the most current industry
information and industry future patterns, enabling you to distinguish the items
and end clients driving income development and gainfulness. The business report
records the main rivals and gives the bits of knowledge vital industry
examination of the key variables affecting the market. The report incorporates
the forecasts, analysis and discussion of critical industry patterns, market
size, market share estimates and profiles of the leading industry players.
The report includes following aspects :
Global Electric Motorcycle and Scooter Market by Product
Segment Analysis includes E-bicycles, E-scooters & E-motocycles.
Global Electric Motorcycle and Scooter Market by Application
Segment Analysis includes Manned tool, Light load tool & others.
Global Electric Motorcycle and Scooter Market by Regional
Segment Analysis comprises of North America, Europe, APAC, South America, Middle
East and Africa
To extract the detailed TOC : https://www.bonafideresearch.com/download_page.php?product_code=95003205
The players mentioned in our report are Zero Motorcycles, Terra
Motor, AIMA, Yadea, Sunra, TAILG, BYVIN, Luyuan, Incalcu, Govecs, Lvjia, Lima, Supaq,
Bodo, Slane, Birdie Electric, Xiaodao Ebike, OPAI, Fushida, Gamma, Mingjia, Qianxi
Vehicle, Zuboo, Aucma EV, Giant EV, Palla, Sinski, Forever, Lvneng, Yamaha, Lvju,
Emmelle, Songi.
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Steven Thomas – Sales & Marketing Manager
E-mail: sales@bonafideresearch.com
Telephone: +91-7878231309
Website: http://bonafideresearch.com/
