01 Sep '14, 12pm

Two Wheels: Sales of electric motorcycles, scooters will reach 55 million in next decade

Two Wheels: Sales of electric motorcycles, scooters will reach 55 million in next decade

55 Million Electric Motorcycles and Scooters Will be Sold Worldwide from 2014 to 2023, Forecasts Navigant Research Harley Davidson's entry will spur sales as growth accelerates in North America and Europe, report concludes BOULDER, Colo.--(BUSINESS WIRE)--Driven by rising gasoline prices and increasingly congested city streets, more consumers are starting to turn to two-wheel vehicles, including electric motorcycles (e-motorcycles) and electric scooters (e-scooters). Although this market remains heavily concentrated in China, which accounts for 98 percent of worldwide sales, growth is expected to occur across many regions, particularly after 2015. Click to tweet: According to a recent report from Navigant Research, cumulative worldwide sales of e-motorcycles and e-scooters will total 55 million from 2014 to 2023. "Although high component costs and sluggish demand currently...

Full article: http://green.autoblog.com/2014/09/01/sales-of-electric-mo...

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55 Million Electric Motorcycles & Scooters By 2023

55 Million Electric Motorcycles & Scooters By 2023

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