Electric Two-Wheeler Market: Great Opportunities Available For The Vendors 2017 - 2025
Electric two wheelers are increasing becoming popular in important urban transport in various regions of the globe. It ranges from electric bicycle to electric scooters and electric motorcycles. These vehicles are light weight and can maneuver easily through congested streets. These vehicles can be charged easily with the electrical outlet and often have a removable or replaceable battery which also provide the convenience of charging indoors. Increasing demand for favorable regulatory climate in interest of regulating the pollution and environmental conservation is expected to drive the electric two wheeler demand over the forecast period. The existence of stringent regulatory norms has supported the adoption of clean energy by improving the air quality and reducing the green-house gas emissions thereby reducing the dependence on the crude oil. Government across the globe are focusing towards providing subsidies and incentives to the OEMs and customers in order to lower the electric t...