Market Share of Asia-Pacific Electric Scooters And Motorcycles Industry
The electric scooter and motorcycle market is dominated by several key players, such as Yadea, NIU, Hero Electric, Gogoro Inc, Dongguan Tailing Electric Vehicle Co., Ltd., and others. Players are investing in new technologies to gain a competitive edge over other players. For instance,
In February 2023, Hero Motors opened a new transmission plant. The Hero Motors Thai plant is a world-class facility strategically located at Asia Industrial Estate, a large industrial estate near Suvarnabhumi International Airport. Production will begin in the first quarter of 2023, with an annual capacity of 25,000 gearboxes and 1.2 Million individual gear components that can be expanded up to three times.
In October 2022, Indian electric scooter startup KLB Komaki Pvt. Ltd. launched its seventh high-speed scooter Venice Eco Electric, in India. The scooter has a Lithium Ferro Phosphate battery which is claimed to reduce fire risks and features a TFT instrument cluster with navigation capabilities.
Asia Pacific Electric Motorcycles & Scooters Market Leaders
Dongguan Tailing Electric Vehicle Co., Ltd.
Yadea Technology Group Co., Ltd.
Hero Electric Vehicles Pvt. Ltd.
Gogoro Inc.
NIU Technologies
*Disclaimer: Major Players sorted in no particular order
