Speaking of the UK market, I thought I would take a look at the UK Q1 2023 sales data in light of our Q1 report for some market context.
Total Q1 2023 Registrations (Ice & Electric) flat compared to Q1 2022 and total Q1 2023 Electric Registrations down a whopping 62% versus Q1 2022 (1920 sales in Q1 2022 versus 740 in Q1 2023).
Electric registrations approximately 2.5% of total registrations in Q1 2023.
Su-Ron Light Bee sales showing a decent market there for electric dirt bikes. The Maeving RM1 is one of those retro style bikes that you wouldn't expect to see many (if any) sales outside the UK.
Source - Motor Cycle Industry Association Limited
Press Statistics | MCIA
Speaking of the UK market, I thought I would take a look at the...
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