Status : Published Published On : Dec, 2023 Report Code : VRAT4045 Industry : Automotive & Transportation Available Format : Page : 113
2025
2030

China Electric Two-Wheeler Market – Analysis and Forecast (2025-2030)

Industry Insights by Product (E-scooters, E-bikes, E-motorcycles, Others), by Battery Type (Sealed Lead Acid, Li-ion, Ni-MH), by Battery Technology (Removable Battery, Non-removable Battery), by Voltage (24V, 36V, 48V, 60V, 72V)

Industry Overview

The Chinese electric two-wheeler market in 2023 USD 0.68 billion Units and is predicted to grow at 7.7% CAGR, with its fleet size reaching 2.2 billion Units by 2030. The Chinese market is primarily driven by the increasing demand for electric scooters in the country, favourable government regulations, the presence of a large number of local players, and increasing investment in battery technology development. Different products including e-scooters and e-bikes are majorly contributing to the electric two-wheeler market size in China. The market has witnessed significant demand for these products over the last few years with the increasing urbanization and increasing disposable income.

China Electric Two-Wheeler Market

Market Segmentation

Insight by Product

Based on the product, the market is categorized into e-scooters, e-bikes, e-motorcycles, and others. E-scooters hold the largest share in the Chinese market, in terms of revenue as well as fleet size. E-scooters as indicated are electrically powered motorized vehicles, with a floorboard design that distinguishes it from e-motorbikes. The top speed of e-scooters is more than 25 km/hr and generally around 50km/hr.

The prices of e-scooters have fallen to a great extent for the same performance variables over the years and their low maintenance cost makes them preferred the mode of daily commute for consumers in China.

Insight by Battery Type

On the basis of battery type, the market is segmented into sealed lead acid, Li-ion, and NiMH. Of all, sealed lead acid is the most common type of battery used in electric two-wheelers in China. The comparatively lower price of the sealed lead acid batteries and their high-power output makes them the preferable battery for the electric two-wheelers segment.

Insight by Battery Technology

On the basis of battery technology, the market is categorized into removable batteries and non-removable batteries. Of both the categories, non-removable batteries are majorly used in the market as it is convenient for electric two-wheelers to plug in and charge batteries instead of removing and charging indoors.

Insight by Voltage

Based on voltage, the market is segmented into 24V, 36V, 48V, 60V, and 72V. Of all, 48V electric two-wheeler holds the largest share in the Chinese electric two-wheeler market, followed by 36V two-wheelers. Most of the e-scooters run with a battery of 48V which provides it optimum power to perform better in the congested metropolitan cities of the country.

Global China Electric Two-Wheeler Market Report Coverage

Report Metric

Details

Historical Period

2018 - 2023

Base Year Considered

2024

Forecast Period

2025 - 2030

Market Size in 2023

U.S.D.  0.68 Units Billion

Revenue Forecast in 2030

U.S.D.  2.2 Units Billion

Growth Rate

7.7%

Segments Covered in the Report

By Battery Type,By Battery Technology,By Voltage

Report Scope

Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling

Regions Covered in the Report

China

Industry Dynamics

Market Drivers

The increasing demand for electric scooters in the country, favorable government regulations, the presence of a large number of local players, and increasing investment in battery technology development are the key factors fueling the growth of the electric-two-wheelers market in China. The Chinese Government is actively adopting policies for the replacement of its conventional fuel-operated vehicles fleet. Two-wheelers are comparatively easier to develop and manufacture at a low cost; thus, leading to the growth of the Chinese electric-two-wheelers market.

Major Challenges

Uncertain legislation for the regulation of electric two-wheelers s has led to uncertainty in the market. With the lack of regulations, the government in several cities of China is planning to ban or allow the usage of only licensed electric vehicles. This results in uncertainty in the market and thus hampers the manufacturing and adoption of these vehicles in the country.

Competitive Insight

Market players in the Chinese electric two-wheeler industry are investing capital to develop low-cost electric two-wheelers with better performance to provide them with a distinctive advantage. In October 2017, Yadea Group Holdings launched Z3S, its new model of electric two-wheeled vehicle, at the China National Convention Center in Beijing. The new model has 37 enhancements made to its older version Z3 and incorporates several automotive-grade smart technologies such as automotive remote sensing, GPS, real-time monitoring, and tracking of the vehicle's position and travel route.

Jiangsu Kingbon Vehicle Co., Ltd, AIMA Technology Group Co. Ltd, Zhejiang Luyuan Electric Vehicle Co., Ltd., Jiangsu Xinri E-Vehicle Co., Ltd. (SUNRA), and Yadea Technology Group are some of the key players operating in the Chinese electric two-wheelers market.

The Hybrid Powertrain Systems Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.

Segments Covered in the Report

  • Product
    • Two-wheelers
      • E-scooters
      • E-bikes
      • E-motorcycles
      • Others
  • Battery Type
    • Sealed Lead Acid
    • Li-ion
    • Ni-MH
  • Technology
    • Plugin
    • Battery
  • Voltage
    • 24V
    • 36V
    • 48V
    • 60V
    • 72V

 

PRIMARY RESEARCH INTERVIEWS - BREAKDOWN
China Electric Two-Wheeler Market Analysis

Frequently Asked Questions

Based on voltage, the market is segmented into 24V, 36V, 48V, 60V, 72V. Of all, 48V electric two-wheeler hold the largest share in the Chinese electric two-wheeler market, followed by 36V two-wheelers. Most of the e scooters run with a battery of 48V which provides it optimum power to perform better in the congested metropolitan cities of the country.
The increasing demand for electric scooters in the country, favorable government regulations, presence of large number of local players and increasing investment on battery technology development are the key factors fueling the growth of the electric-two wheelers market in China.
Uncertain legislation for the regulation of electric two-wheelers s have led to uncertainty in the market. With the lack of regulations, government in several cities of China is planning to ban or allow the usage of only licensed electric vehicles. This results in the uncertainty in the market and thus hampers the manufacturing and adoption of these vehicles in the country.
Jiangsu Kingbon Vehicle Co., Ltd, AIMA Technology Group Co. Ltd, Zhejiang Luyuan Electric Vehicle Co., Ltd., Jiangsu Xinri E-Vehicle Co., Ltd. (SUNRA) and Yadea Technology Group are some of the key players operating in the Chinese electric two-wheelers market.
Based on product, the market is categorized into e-scooters, e-bikes, e-motorcycles, and others. E-scooters hold the largest share in the Vietnam market, in terms of revenue as well as fleet size.

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Research Methodology

  •  Desk Research / Pilot Interviews
  •  Build Market Size Model
  •  Research and Analysis
  •  Final Deliverabvle

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