Electric Motorcycles & Scooters Market to Hit 5% CAGR to 2024: BMW, KTM, Terra Motors Corp., Zero Motorcycle, Alta Motors, Hero Eco, AIMA Hi-Tech
E-motorcycles are estimated to witness strong growth over 10% from 2018 to 2024 owing to new product offerings and reduced price of the product. Industry players are focusing on competing the e-motorcycles with gasoline powered vehicles with improved speed and superior power output. Electric scooters dominate the industry share owing to less priced compared to electric motorcycles.
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