FeesSafety
Pluang+

Global low-powered electric motorcycle and scooter market to grow to $17.5B by 2032, driven by urban demand and tech advances

Market News
07 Jul 2026, 15:47 WIB
Researchandmarkets.Com
View Source
Bullish
Global low-powered electric motorcycle and scooter market to grow to $17.5B by 2032, driven by urban demand and tech advances

The global market for low-powered electric motorcycles and scooters is projected to grow from $12.3 billion in 2025 to $17.5 billion by 2032, at a CAGR of 5.1%. Growth is fueled by urban congestion, government incentives, and rising environmental awareness, making these vehicles ideal for short commutes and delivery services. Advances in battery technology and expanding charging infrastructure are enhancing convenience and adoption, especially in Asia, Europe, and North America. Leading companies from China, India, Europe, and elsewhere are innovating to meet increasing demand, with emerging markets also showing strong growth potential.

More News

Polypropylene market to grow to 139.2 million tons by 2032 driven by Asia-Pacific demand and automotive packaging trends

Polypropylene market to grow to 139.2 million tons by 2032 driven by Asia-Pacific demand and automotive packaging trends

The global polypropylene market is projected to grow from 102.7 million tons in 2026 to 139.2 million tons by 2032, with a CAGR of 5.14%. Growth is fueled by rising demand for lightweight automotive parts, mono-material flexible packaging, and high-m...

Market News
Bullish
1 hour ago
Chery unveils automotive-grade AI for robots and eVTOLs, advancing safe physical AI beyond vehicles.

Chery unveils automotive-grade AI for robots and eVTOLs, advancing safe physical AI beyond vehicles.

At the 2026 Chery International User Summit, Chery Auto showcased its new physical AI technology built on decades of automotive safety data and engineering. Their CheryMind AI model and CHERY All-World Engine support autonomous robots, robotaxis, and...

Market News
Bullish
2 hours ago
NOVAGOLD shareholders approve deal to own 100% of Donlin Gold project in Alaska

NOVAGOLD shareholders approve deal to own 100% of Donlin Gold project in Alaska

NOVAGOLD shareholders approved a transaction for New NOVAGOLD to acquire the remaining 40% interest in the Donlin Gold project from Paulson Advisers, increasing NOVAGOLD's ownership from 60% to 100%. This consolidation makes New NOVAGOLD the ultimate...

Company Fundamentals
Bullish
3 hours ago
Ethereum plans seven hard forks to upgrade its network by 2029, aiming for lower fees and quantum security.

Ethereum plans seven hard forks to upgrade its network by 2029, aiming for lower fees and quantum security.

Ethereum researchers, including Vitalik Buterin, have outlined a plan called Lean Ethereum involving about seven hard forks to upgrade the network's consensus, execution, and data layers by the end of 2029. This upgrade aims to maintain compatibility...

Protocol Fundamentals
Bullish
5 hours ago
Conflicting XRP Ledger fee-burn data clouds claims of a 627% rise in transaction fees on Nov. 3.

Conflicting XRP Ledger fee-burn data clouds claims of a 627% rise in transaction fees on Nov. 3.

XRP Ledger transaction-fee burn readings for Nov. 3 show a discrepancy of nearly 193 XRP, complicating claims of a 627% increase compared to Oct. 4. The conflicting data arise from different totals reported for the same day, with no clear explanation...

Protocol Fundamentals
Neutral
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App