What Is Government’s Role in Rising Electric Scooter and Motorcycle Sale in Europe?

Despite a target of reducing greenhouse gas (GHG) emissions by 20% by 2020 from the levels recorded in 1990, emissions in Europe during 2015–2019 were above 2014 levels. This has been mainly attributed by the European Union (EU) to the increase in emissions from the transport sector. A big problem for a long while, Europe has been working hard to reduce these emissions, for which, apart from the Euro emission standards, several favorable initiatives to boost the purchase of electric vehicles (EV) have been implemented.

P&S Intelligence cites both these reasons while projecting an increase in the European electric scooters and motorcycles market size to $758.5 million by 2025 from $284.2 million in 2019, at a 27.6% CAGR between 2020 and 2025 (forecast period). As most of the trips taken on vehicles in Europe are for short distances, replacing cars with two-wheelers, specifically electric ones, could help reduce emissions massively. In addition, Italy and Spain have always had a rich scooter culture, which could create big potential opportunities for electric two-wheeler manufacturers.

France held the largest share in the European electric scooters and motorcycles market in 2020 because of the strong government efforts to raise the usage of EVs for reducing the emission of GHGs. In the coming years, the highest CAGR is projected to be seen in Spain, where automakers are rapidly establishing manufacturing plants, drawn by the increasing public awareness on EVs and government efforts to drive their adoption. Moreover, the demand for electric two-wheelers in sharing services is growing in the country as people are taking efforts to make the urban traffic congestion problem less severe.

Hence, with the continuous government efforts to clean the air, the sale of electric scooters and motorcycles will rise in Europe.