Electric Motorcycle And Scooter Market to Reach USD 42.3 Billion by 2032 at 12.8% CAGR
The global Electric Motorcycle And Scooter market was valued at USD 14.1 billion in 2023 and is projected to reach USD 42.3 billion by 2032, expanding at a CAGR of 12.8% from 2024 to 2032. The market recorded a 13.5% year-over-year growth in 2023, driven by a 21.7% increase in urban electric vehicle adoption, a 19.3% rise in government subsidies for EVs, and a 16.8% growth in battery-powered...
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