Electric Bicycles, Scooters and Motorcycles to Get ever-increasing recognition globally.
Progressively more accepted as capable, even appealing, means of transportation, mainly in heavily occupied urban areas, electric vehicles, a category which includes electric bicycles, motorcycles, and scooters, will extend quickly over the next few years. As per a recent report global sales of electric vehicles likely to increase at a compound annual growth rate of 9.4% till 2016.
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“Whereas electric vehicles tend to be a lifestyle choice in America and Europe, in the developing world they’re used more as major way of transportation,” says industry analyst Dave Hurst. “Growing incomes and enlarged urbanization are driving the need for, and the ability to buy, reliable transportation, and electric vehicles fill an increasing niche.” Battery improvements which lengthen the range and speed of the vehicles, Hurst says, will also accelerate acceptance of e-motorcycles and e-scooters.
Research study shows, “Electric Vehicles”, analyze the worldwide marketplace for electric bicycles, motorcycles, scooters and motorcycle engine parts manufacturer. Report scans battery technologies, key openings and hurdles, drivers’ market growth. Comprehensive forecasts till 2016 are incorporated for very automobile category, beside profiles of key market players. An Executive review of report is accessible for complimentary download on website.
