Thursday 23 April 2015, Amsterdam
The new report, now available on ASDReports, recognizes the following companies as the key players in the Global Electric Two-wheelers Market: Hero Electric, Jiangsu Xinri E-Vehicle and Zhejiang Luyuan Electric Vehicle.
Other Prominent Vendors in the market are: Ampere Vehicles, Avon Cycles, Currie Technologies, Electrotherm, Elmoto, e-Moto, eZee Kinetics Technology, Govecs, Grace, Honda Motor, iO Scooter Elektroroller, Peugeot, Royal Dutch Gazelle, Sparta, Stromer, SYM Sanyang Industry, Terra Motors, Vmoto and Yamaha Motor.
Commenting on the report, an analyst from the report's team said: “Growing interest toward E2Ws in Europe and the Americas, and increased demand from the markets in these regions is expected to drive the growth of the Global Electric Two-wheelers market. Improvements in battery technology provide for a longer lifespan and performance, which makes E2Ws more desirable.”
According to the report, incentives and policies to encourage the purchase and ownership of E2Ws are expected to drive the growth of the market. These incentives have helped encourage the adoption of E2Ws. Growing demand in major markets such as China has contributed to the growth of the global market.
Further, the report states that one of the major challenges that the market confronts is the environment pollution caused by the growing use of lead-acid batteries. Currently available E2Ws are comparatively less powerful and are limited in range as compared to conventional two-wheelers.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.