The European electric two-wheeler market is projected to grow at a considerable CAGR during the forecast period (2019-2025). The key factors to propel the growth of the market include the increasing government initiatives and subsidies along with the need to control pollution. In 2019, in Luxembourg, subsidy up to $362 is available on the purchase of new electric bike and up to $604 is available on the purchase of motorcycle, moped, and light motorcycle. In Spain, up to $905 incentive is available for the motorcycle priced up to $12,073. Currently in Sweden 25% tax rebate is available on the purchase of electric bike. Thus, the initiatives are propelling the growth of the market in the region.
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Moreover, in 2019, different countries in Europe offered financial incentives. Some of the instances of incentives offered by different countries are as follows:
Market Coverage
Key Questions Addressed by the Report
Europe Electric Two-Wheeler Market Report Segment
By Product Type
By Battery Type
European Electric Two-Wheeler Market- Countries Covered
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