North America Electric Two-Wheeler Market to Grow with a CAGR of 11.31% through 2030
Rising fuel prices and growing consumer demand for
cost-effective mobility are accelerating the shift toward electric
two-wheelers. Supportive government incentives and stricter emission standards
are encouraging electric mobility adoption. Technological advancements in
batteries and smart features are the factors driving the market in the forecast
period 2026–2030.
According to TechSci Research report, “North
America Electric Two-Wheeler Market – By Country, Competition,
Opportunities and Forecast, 2020-2030F”, The North America
Electric Two-Wheeler Market was valued at USD 3.36 billion in 2024 and is
expected to reach USD 6.39 billion by 2030 with a CAGR of 11.31% during the
forecast period.
Electric two-wheelers are gaining strong traction across
North America due to increasing interest in sustainable urban transportation.
Consumers are choosing electric options for short-distance commuting in
response to traffic congestion and the rising cost of fuel. Government
incentives such as rebates, tax credits, and subsidies are making electric
vehicles more financially accessible. Growing awareness of carbon emissions and
environmental preservation is shifting buyer preferences toward zero-emission mobility.
These combined factors are creating favorable conditions for market growth.
Technological developments in batteries and vehicle
integration are reshaping product offerings. Improvements in lithium-ion
battery efficiency, charging speeds, and range have boosted vehicle
reliability. Integration of IoT and connected features has enabled riders to
monitor performance, track locations, and manage diagnostics through mobile
applications. These enhancements are increasing consumer confidence in electric
mobility. The emergence of smart urban mobility solutions such as electric
scooter sharing platforms and subscription-based access models is opening new
avenues for market expansion.
However, challenges remain. High initial purchase costs and
limited access to dedicated charging infrastructure are slowing mass adoption,
especially in less developed regions. Although operating costs are lower than
traditional vehicles, the upfront investment continues to be a hurdle for
budget-conscious consumers. Charging availability in smaller cities and
suburban areas is limited, impacting rider convenience and confidence. Range
limitations and performance concerns in certain vehicle segments also influence
purchasing decisions. Despite these issues, ongoing developments in technology
and infrastructure are expected to address barriers and unlock growth
potential.
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North America Electric Two-Wheeler Market Is Segmented By
Range, Battery Capacity, Battery, Vehicle and Country.
The North America electric two-wheeler market is segmented
by range into four categories: less than 50 km, 50–100 km, 101–150 km, and
above 150 km. Each range segment caters to a distinct commuter need and usage
preference. Short-range vehicles, typically under 50 km, are suited for
last-mile connectivity and intra-city travel. The 50–100 km range category
accommodates daily urban commuting with balance between cost and performance.
Vehicles offering 101–150 km range provide extended usability for riders with
longer routes or infrequent charging opportunities. Models exceeding 150 km
range are generally designed for premium users seeking advanced capabilities
and extended mobility. This segmentation reflects the varying performance and
application demands of diverse user groups. The market continues to witness
innovations in battery efficiency and energy management across all range
brackets, enabling users to select vehicles based on their commuting habits,
terrain, and frequency of use. Improved range options contribute to expanding
the consumer base for electric two-wheelers.
Mexico is emerging as the fastest-growing market for
electric two-wheelers in North America in 2024. Rapid urbanization, rising fuel
prices, and growing demand for affordable transport are driving the shift
toward electric mobility. The country is experiencing a surge in the adoption
of compact, energy-efficient two-wheelers as urban centers deal with worsening
traffic congestion. Young professionals and delivery service operators are
turning to electric scooters and bikes for their lower running costs and minimal
maintenance requirements. Policy initiatives at the federal and municipal levels are
supporting this transition by promoting clean transportation solutions. Various
urban planning efforts emphasize low-emission zones and sustainable
infrastructure, making electric two-wheelers more relevant for daily use.
Public awareness campaigns around environmental sustainability and cost savings
are increasing interest in personal electric mobility. Technological access and expanding digital platforms have
also made shared electric mobility more viable in major Mexican cities.
Subscription-based vehicle access and app-controlled services are finding
strong traction among tech-savvy consumers. With continued improvements in
battery charging infrastructure and increased access to financing options,
Mexico’s electric two-wheeler market is expected to grow significantly in the
coming years, reinforcing its role as a leading contributor to regional growth
in electric mobility.
Major Market Players Operating in North America Electric
Two-Wheeler Market Are:
- KTM
Sportmotorcycle GmbH
- Daymak
Inc.
- Rad
Power Bikes Inc.
- Motovolt
- Evoke
Electric Motorcycles (HK) Ltd.
- Zero
Motorcycles, Inc.
- Harley-Davidson,
Inc.
- Juiced
Riders, Inc.
- Gogoro
Inc.
- Ather
Energy Limited
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“The North America electric two-wheeler market is growing
steadily, driven by rising fuel prices, urban traffic congestion, and demand
for cost-efficient mobility. Government incentives and stricter environmental
regulations are encouraging a shift toward electric vehicles. Technological
innovations in battery systems, fast-charging capabilities, and IoT-based smart
features are enhancing user experience and reliability. Short- to long-range
electric vehicles are addressing diverse consumer needs, supporting broader
adoption. Mexico is emerging as the fastest-growing market due to urbanization,
affordability focus, and growing demand for sustainable commuting. Despite
infrastructure gaps and cost barriers, the market shows strong potential for
expansion through 2030.” said Mr. Karan Chechi, Research Director of TechSci
Research, a global research-based management consulting firm.
"North America Electric Two-Wheeler Market – Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Vehicle (Scooter/Mopeds, Motorcycle), By Range (Less than 50Km, 50-100Km, 101-150Km, Above 150Km), By Battery Capacity (<25Ah, >25Ah), By Battery (Lead Acid, Lithium-ion) By Country, Competition, Opportunities and Forecast, 2020-2030F”, assesses the market's
future growth potential and provides data on market size, trends, and
forecasts. It aims to offer comprehensive market insights, helping decision-makers
make informed investment choices. The report also highlights emerging trends,
key drivers, challenges, and opportunities in the North America Electric
Two-Wheeler Market.
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