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Electric Two-Wheeler Market to Grow from 2018 to 2026, says Report

Polaris Market Research has published a new report on electric two-wheeler market expecting a growth at a CGR of 7.5% from 2018 to 2026. Electric two-wheelers include electric bicycles, electric scooters, electric motorcycles, and others, which are powered through an electric power source. Electric two-wheelers are lightweight, compact, easy to handle, and highly fuel efficient.

electric A small engineering company based in Austria, Johammer, has developed a futuristic electric cruiser, Johammer J1. This bike is equipped with a 2.4-inch digital display attached to its rear-view mirrors, which displays speed, revs, and warnings. It offers a top speed of 75 mph with acceleration of 62 mph in 8 seconds. The bike is designed with motor and controller integrated into the rear wheel to enhance shock absorbance.

The demand for electric two-wheelers has increased over the years owing to depletion of traditional fuel sources and growing environmental concerns. The growing awareness regarding environmental pollution caused by vehicles run on traditional fuels, and development of public charging infrastructure has increased the adoption of electric two-wheelers. Governments are introducing stringent regulations regarding vehicular emissions, supporting the market growth. Governments across the world have introduced several laws and regulations to monitor vehicular emission. These regulations have mandated two-wheeler manufacturers to use advanced technologies to combat high emission levels in vehicles.

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Aishwarya Saxena

A book geek, with creative mind, an electronics degree, and zealous for writing .Creativity is the one thing in her opinion which drove her to enter into Copywriting field. Allured towards south Indian cuisine and culture, love to discover new cultures and their customs. Relishes in discovering new music genres.

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