Want to start a new discussion for new investor and consider the amaze opportunity of the electric bike. Everything is so supportive. Amazing that COVID actually made it better for VMT
"Mobility ForesightsThu, 28 July 2022 at 9:22 pm·3-min readMobility Foresights. According to Mobility Foresights, the global Electric Motorcycle Market size is ~$407 Million in 2022 growing at a CAGR of 24% during the forecast period 2022 to 2027.Bangalore, July 28, 2022 (GLOBE NEWSWIRE) -- Report summaryThe rapid acceleration in the growth rate of the electric motorcycle market can be attributed to developing countries' environmental concerns as well as an increase in crude oil prices around the world.Europe is the fastest growing electric motorcycle market worldwide but Asia market size is significantly bigger.Vietnam is the biggest market for electric two wheelers in the ASEAN region at present but scooters and mopeds account for a large share.Although motorcycles occupy 72% share in the overall 2 wheelers sales in India, the same is not applicable in the E-2 wheeler segment, where the share of electric motorcycles is much lesser.
Post COVID there has been a massive surge in E-bike and Bicycle market worldwide and the electric motorcycle market has also benefited immensely from it."
Global Electric Motorcycle Market will be worth ~$1.2 Billion by 2027 (yahoo.com)
Good info here. 571 followers is a bit scary - why so little follow?
Vmoto Soco (@vmotosoco) / Twitter
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Mkt cap ! $56.45M | |||
| Open | High | Low | Value | Volume |
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