Asia-Pacific electric two-wheeler market is estimated to grow at a considerable CAGR during the forecast period. The increasing government initiatives and subsidies along with the increasing urbanization is the key factor to propel the growth of the electric-two wheeler market in Asia-Pacific. In 2018, the Indian government had confirmed subsidies related to all types of electric vehicles. In 2015, the government of India had adopted the faster adoption and manufacturing of hybrid and EV (FAME) scheme with an outlay of $130 million, to provide subsidies for electric 2- and 3-wheelers, hybrid and e-cars, and buses. The adoption of such a scheme by the Indian government is anticipated to promote the adoption of electric two-wheeler in the region.
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Some of the major companies which are contributing to the growth of the Asia-Pacific electric two-wheeler market include Fujikom Corp. Co., Ltd., Okinawa Autotech Pvt. Ltd., Panasonic Corp., Terra Motors Corp., and others. The market players are considerably contributing to the market growth by adopting various growth strategies such as new product innovations, mergers and acquisitions, joint ventures and others to stay competitive in the market. In December 2019, Honda had announced to start the sale of its electric scooter Benly e in Japan from April 2020 with the intent to sell around 200 units of the scooter per year in the Japanese electric two-wheeler market.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
sia-Pacific Electric Two-Wheeler Market Report Segment
By Product Type
- Scooter
- Motorcycle
By Battery Type
- NiMH
- Li-ion
- Others
Asia-Pacific Electric Two-Wheeler Market Countries Covered
- China
- Japan
- India
- Rest of Asia-Pacific
The Report Covers
- Comprehensive research methodology of the Asia-Pacific Electric Two-Wheeler Market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Asia-Pacific Electric Two-Wheeler Market.
- Insights about market determinants that are stimulating the Asia-Pacific Electric Two-Wheeler Market.
- Detailed and extensive market segments with regional distribution of for
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