Electric Scooter News: OEMs Lead in E2W Revenue
Known for their strict quality control systems, OEMs set high standards for foldable electric scooters and ensure that products undergo strict quality control.
In the past two years, original equipment manufacturers (OEMs) were the top revenue generators in the electric two-wheeler (E2W) industry. Known for their strict quality control systems, OEMs set high standards for foldable electric scooters and ensure that products undergo strict quality control.
In addition, the e-commerce segment stood as the fastest-growing sector of the foldable electric scooter market. Industry experts attributed the massive growth to the evolution of e-commerce platforms, which allowed manufacturers to customize their products based on performance and other customer specifications.
The relationship between manufacturers and e-commerce platforms promotes a variety of product offerings, expanding market coverage. Below are the most critical takeaways from the quick-developing e-scooter market:
- Environmental considerations, the demand for last-mile solutions, and the efficiency of the electric two-wheeler were the primary growth drivers of the foldable electronic scooter market.
- With a strong CAGR, a wide variety of weight segments, and the critical role of OEMs, the market promises an exciting development in the search for sustainable urban mobility alternatives.
- North America’s rising carbon footprint drives global interest and demand for electric scooters in the fast-changing landscape of urban mobility solutions.
North America Intensifies its Quest for Convenient Urban Mobility
In North America, congestion and parking challenges in cities are driving the demand for foldable electric scooters. E-scooters offer an affordable and environmentally friendly solution to the last-mile dilemma for urban commuters.
Stringent environmental regulations further boost the adoption of electric scooters, aligning with the region’s commitment to emissions reduction and sustainability.
As the market evolves, the 36V category is poised for rapid growth, catering to users with limited storage space. Foldable electric scooters with 36V capacity balance practicality and performance, making them a convenient choice for consumers with spatial constraints.
Lastly, consistent technological advancements accelerated the release of higher-spec hyperscooters. Flash Motors introduced the Infinity X in January at the Las Vegas CES 2024. Infinity X boasted a single-charge mileage of 70 miles and a maximum speed of 75 mph.
