premium electric motorcycle market size is projected to surpass US$ 7 billion by 2026. - PowerPoint PPT Presentation

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premium electric motorcycle market size is projected to surpass US$ 7 billion by 2026.

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The advent of lithium-ion (Li-ion) is said to have redefined premium electric motorcycle market trend. Palpable traction towards Li-ion batteries comes in the wake of innate characteristics of the batteries to bolster the overall performance of the vehicles by reducing maintenance requirements and ameliorating range. – PowerPoint PPT presentation

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Title: premium electric motorcycle market size is projected to surpass US$ 7 billion by 2026.


1
Sport motorcycles to propel premium electric
motorcycle market share by 2026
2
Key Insights Premium Electric Motorcycle Market
  • Soaring concern pertaining to carbon emission has
    bolstered premium electric motorcycle market
    share as auto sector witnesses an influx of
    premium electric motorcycle manufacturers.
    Leading companies sharpening their strategies for
    premium bikes have been attributed to premium
    motorcycles features such as maximum torque,
    improved speed, highest travelling range and
    aesthetic appeal.
  • The advent of lithium-ion (Li-ion) is said to
    have redefined premium electric motorcycle market
    trend. Palpable traction towards Li-ion batteries
    comes in the wake of innate characteristics of
    the batteries to bolster the overall performance
    of the vehicles by reducing maintenance
    requirements and ameliorating range.
  • Inevitable inclination towards sports electric
    motorcycles has instilled confidence among
    manufacturers of premium electric motorcycles.
    Apparently, industry players are providing
    electric sport motorcycles having the
    acceleration of up to 0-100km/h in 3.2 seconds
    with a maximum speed of up to 200 km/h. Moreover,
    notable uptick in the number of racing events has
    come in the wake of maximum efficiency and higher
    speed attributed to sports electric motorcycles.

3
Continued
  • 10-15 kWh battery capacity will be highly
    sought-after for urban use as premium electric
    motorcycles tend to have lower battery capacities
    along with lower range offerings. In a bid to
    enable riders to replace the batteries any time
    keeping the hassle of recharging the previous
    batteries instantly at bay, prominent companies
    are integrating swappable batteries into low
    capacity batteries.

4

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5
Major Companies In Encryption Software Market
  • KTM Sportmotorcycle GmbH
  • Harley Davidson
  • Evoke Motorcycles
  • Arc Vehicle Ltd
  • Zero Motorcycles
  • Hadin Motorcycles
  • Emflux Motors
  • Lightening Motorcycles

6
Regional Encryption Software Market
  • North America premium electric motorcycle share
    will witness an uptick against the backdrop of
    robust government initiatives to reduce
    pollution. For instance, the U.S. government is
    emphasizing deployment of a large number of
    charging stations to augment the production of
    electric motorcycles in the country. Moreover,
    increase in discretionary income is said to augur
    well for the expansion of North America premium
    electric motorcycle market size.
  • Governments and leading companies appear to boost
    premium electric motorcycle industry share with
    the former doling out subsidy to propel the
    expansion of EVs. Governments have been providing
    income tax deduction on interest paid on loans
    and exempting tax on the purchase of EVs. In a
    landmark move to change consumer behavior
    favoring EVs, the Government of India slashed GST
    rate on electric vehicles to 5 from 12
    effective from August 1st, 2019.
  • Niti Aayog, Government of Indias think tank,
    contemplates transition for motorcycle less than
    150 cc to e-mobility by 2025. As such, APAC
    premium electric motorcycle market size will
    continue to thrive in the next half a decade.

7
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