Hero Cycles

E-bike Market size to grow by USD 21.16 billion, Market Share, Trends, Major Players- Technavio

Retrieved on: 
Friday, January 26, 2024
Giant, Lithium, Electrolyte, Geography, Scott Sports, TVS Motor Company, Gas, Government, Growth, Carbon, Koga, Travel, Water, USD, SLA, Transport, Giant Bicycles, Accell, Motorcycle, Hero Cycles, Road

As people seek cleaner travel options, e-bikes offer a sustainable solution for short- to medium-distance travel, improving urban air quality.

Key Points: 
  • As people seek cleaner travel options, e-bikes offer a sustainable solution for short- to medium-distance travel, improving urban air quality.
  • Company Landscape - The global e-bike market is fragmented, with the presence of several global as well as regional companies.
  • The bicycle accessories market is estimated to grow by USD 3.90 billion between 2023 and 2028, at a CAGR of 5.94% during the forecast period.
  • The E-bike battery market is forecast to increase by USD 2.12 billion and is estimated to grow at a CAGR of 6.46% between 2022 and 2027.

Electric Scooters Industry Emphasizes Sustainable Commitments to Foster ESG Goals - Astra ESG Solutions

Retrieved on: 
Thursday, April 20, 2023
EEA, Maintenance, European Environment Agency, EV, Depression, Noise, Disclosure, Foot, Quality of life, GHG, VOI, Recycling, Carbon, EVS, Halfords, BMW Motorrad, Traction, Concrete, European, Annual report, SAN, Electricity, Ethics, ESG, Hero Cycles, Transport, University of North Carolina at Chapel Hill, Environment, Safety, Renewable energy, Road

The development of more sustainable, safe, affordable, convenient and efficient urban transportation solutions will see consumers transitioning to e-scooters.

Key Points: 
  • The development of more sustainable, safe, affordable, convenient and efficient urban transportation solutions will see consumers transitioning to e-scooters.
  • Consumers, think tanks, independent researchers and media have furthered their focus on lightweight electric bikes that can propel carbon neutrality.
  • With air quality, noise and pollution emerging as global concerns, stakeholders could vouch for electric scooters.
  • Discover more regarding the practices and strategies being implemented by industry participants in the Electric Scooters Industry ESG Thematic Report, 2023, published by Astra ESG Solutions
    Lately, battery-swapping technology has gained ground to refuel e-scooters and contribute to a sustainable environment.

Electric Scooters Industry Emphasizes Sustainable Commitments to Foster ESG Goals - Astra ESG Solutions

Retrieved on: 
Thursday, April 20, 2023
EEA, Maintenance, European Environment Agency, EV, Depression, Noise, Disclosure, Foot, Quality of life, GHG, VOI, Recycling, Carbon, EVS, Halfords, BMW Motorrad, Traction, Concrete, European, Annual report, SAN, Electricity, Ethics, ESG, Hero Cycles, Transport, University of North Carolina at Chapel Hill, Environment, Safety, Renewable energy, Road

The development of more sustainable, safe, affordable, convenient and efficient urban transportation solutions will see consumers transitioning to e-scooters.

Key Points: 
  • The development of more sustainable, safe, affordable, convenient and efficient urban transportation solutions will see consumers transitioning to e-scooters.
  • Consumers, think tanks, independent researchers and media have furthered their focus on lightweight electric bikes that can propel carbon neutrality.
  • With air quality, noise and pollution emerging as global concerns, stakeholders could vouch for electric scooters.
  • Discover more regarding the practices and strategies being implemented by industry participants in the Electric Scooters Industry ESG Thematic Report, 2023, published by Astra ESG Solutions
    Lately, battery-swapping technology has gained ground to refuel e-scooters and contribute to a sustainable environment.

Electric Scooter and Motorcycle Market worth $14.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, March 30, 2023
Lithium, Acceleration, IDC, CES, SR, Partnership, Travel, Lithium-ion battery, Climate, ICE, Original equipment manufacturer, Electricity, S1, Tax, BMS, R30, ATL, Carbon, Element, Niu Technologies, ZERO, Land degradation, Government, Energica Motor Company, Maxwell, Government agency, Growth, Hero Cycles, Motorcycle, Rail transport, Electric battery, Food delivery

Europe is home to many electric two-wheeler manufacturing companies such as Energica Motor Company (Italy), GOVECS (Germany), and Piaggio (Italy).

Key Points: 
  • Europe is home to many electric two-wheeler manufacturing companies such as Energica Motor Company (Italy), GOVECS (Germany), and Piaggio (Italy).
  • Government initiatives have encouraged the key players in the market to develop advanced electric two-wheelers as well as the infrastructure for charging facilities.
  • The below 75 miles segment is estimated to lead the global electric scooter and motorcycle market, as most electric scooters/mopeds have a range of up to 75 miles.
  • The major players in global electric scooter and motorcycle market include Yadea Technology Group Co.,Ltd.

Electric Scooter and Motorcycle Market worth $14.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, March 30, 2023
Lithium, Acceleration, IDC, CES, SR, Partnership, Travel, Lithium-ion battery, Climate, ICE, Original equipment manufacturer, Electricity, S1, Tax, BMS, R30, ATL, Carbon, Element, Niu Technologies, ZERO, Land degradation, Government, Energica Motor Company, Maxwell, Government agency, Growth, Hero Cycles, Motorcycle, Rail transport, Electric battery, Food delivery

Europe is home to many electric two-wheeler manufacturing companies such as Energica Motor Company (Italy), GOVECS (Germany), and Piaggio (Italy).

Key Points: 
  • Europe is home to many electric two-wheeler manufacturing companies such as Energica Motor Company (Italy), GOVECS (Germany), and Piaggio (Italy).
  • Government initiatives have encouraged the key players in the market to develop advanced electric two-wheelers as well as the infrastructure for charging facilities.
  • The below 75 miles segment is estimated to lead the global electric scooter and motorcycle market, as most electric scooters/mopeds have a range of up to 75 miles.
  • The major players in global electric scooter and motorcycle market include Yadea Technology Group Co.,Ltd.

Worldwide E-Bike Industry to 2028 - Increased Demand for Eco-Friendly Transportation Drives Growth

Retrieved on: 
Friday, December 23, 2022
Giant, Hercules, Accell, BMZ, LG Chem, Panasonic, Transport, Growth, Derby Cycle, KOGA, Workforce, Trek Bicycle Corporation, Government, Stromer, Hero Cycles, Road

The global e-bike market would register growth at a CAGR of 10.12% in the forecasted duration from 2022 to 2028.

Key Points: 
  • The global e-bike market would register growth at a CAGR of 10.12% in the forecasted duration from 2022 to 2028.
  • Factors such as favorable incentives by the government to promote e-bikes, increased demand for eco-friendly transportation, and a growing number of people preferring e-bikes are boosting the growth of the market.
  • On the other hand, the increased usage of electric bikes for delivery services has created a growth opportunity for the market.
  • Also, a rise in supportive government initiatives for environment-friendly vehicles and bikes is expected to add to the market's growth.

Worldwide Battery Management IC Industry to 2027 - Asia-Pacific Region is Expected to Register the Fastest Growth Rate - ResearchAndMarkets.com

Retrieved on: 
Wednesday, October 26, 2022
Batteries, General Automotive, Technology, Automotive, EV, Electric Vehicles, Adoption, TPG, Electronics, Life, Growth, HEV, Yamaha Corporation, International Energy Agency, Cell, Renesas Electronics, Investment, Temperature, EVS, IEA, Hero Motors, Industry, EV, ADQ, Hero Cycles, Tata Motors, HMC, USD, ICS, Electric battery, Lithium, Automotive industry

The battery management ICs play a crucial role in the charging management and so on.

Key Points: 
  • The battery management ICs play a crucial role in the charging management and so on.
  • For instance, Renesas has launched a 14-cell Li-ion Battery Management IC that extends the life and range of battery cells in hybrid and electric vehicles.
  • Asia-Pacific is the fastest-growing region in the global battery management IC market due to the presence of a huge electronics and automotive manufacturing base.
  • These investments are analyzed to further boost the market growth rate in the region during the forecast period.

Light Electric Vehicles (LEVs) Market worth $122.7 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, October 24, 2022
Diamond, Knowledge, Robotics, Electricity, Electric vehicle, AWD, EV, BMW, LEV, Lead–acid battery, Hero Cycles, Sport, CO2, Rubber-tyred tram, FAME, Policy, Neighborhood Electric Vehicle, EVS, ICE, Industry, Department, German, GEM, Maintenance, BMW AG, SME, Motorcycle, City, Government, Polaris Inc., CAGR, Intelligence, Carbon, Research, ATV, Oracle Enterprise Resource Planning Cloud, Traction, Sale, Golf cart, IC, Lev, Region, U-30 Tow Tractor, Food, Textron, USD, Renewable energy, Propane, Rail transport, Marketing, Type, Gasoline, Drive, Askoll

CHICAGO, Oct. 24, 2022 /PRNewswire/ --The Light Electric Vehicle Market is projected to grow from USD 78.5 billion in 2022 to USD 122.7 billion by 2027, registering a CAGR of 9.4%, over the forecast period, according to a new report by MarketsandMarkets.

Key Points: 
  • CHICAGO, Oct. 24, 2022 /PRNewswire/ --The Light Electric Vehicle Market is projected to grow from USD 78.5 billion in 2022 to USD 122.7 billion by 2027, registering a CAGR of 9.4%, over the forecast period, according to a new report by MarketsandMarkets.
  • This research mapped E-ATVs/UTVs, E-Bike, E-Scooter, E-Motorcycle, Neighborhood Electric Vehicle, E-Lawn Mower (Robotic E-Lawn Mower and Manual E-Lawn Mower), Electric Industrial Vehicles, Autonomous Forklifts, Delivery Robots, and Automated Guided Vehicles.
  • For example, Hero Electric, a leading company in the Indian electric scooter and motorcycle market, has a significant market share in the electric two-wheeler market segment.
  • It reported a sale of 46,260 units in the financial year 2021 in India, capturing a market share of 32%.

Worldwide Electric Two-wheelers Market to Hit USD 100 Billion by 2030: Global Market Insights Inc.

Retrieved on: 
Monday, August 22, 2022
Giant, Zero, Niu Technologies, Torque, Government, Air pollution, Carbon, Hero Cycles, Giant Bicycles, SLA, USD, Segway Inc., Running, CAGR, Industry, Growth, Adoption, Efficiency, Renewable energy, Electric battery

SELBYVILLE, Del., Aug. 22, 2022 /PRNewswire/ -- The electric two-wheelers market is expected to record a valuation of USD 100 billion by 2030, according to the most recent study by Global Market Insights Inc.

Key Points: 
  • SELBYVILLE, Del., Aug. 22, 2022 /PRNewswire/ -- The electric two-wheelers market is expected to record a valuation of USD 100 billion by 2030, according to the most recent study by Global Market Insights Inc .
  • However, the lack of appropriate charging infrastructure in countries like Mexico, Brazil, and India may hamper the electric two-wheelers market expansion.
  • The above 6.5kW segment in the electric two-wheelers market is foreseen to cross USD 20 billion through 2030.
  • The North American electric two-wheelers market is projected to exceed USD 6 billion by 2030 impelled by increased adoption of electric micro-mobility solutions and rising concerns about environmental sustainability.

Worldwide Electric Two-wheelers Market to Hit USD 100 Billion by 2030: Global Market Insights Inc.

Retrieved on: 
Monday, August 22, 2022
Giant, Zero, Niu Technologies, Torque, Government, Air pollution, Carbon, Hero Cycles, Giant Bicycles, SLA, USD, Segway Inc., Running, CAGR, Industry, Growth, Adoption, Efficiency, Renewable energy, Electric battery

SELBYVILLE, Del., Aug. 22, 2022 /PRNewswire/ -- The electric two-wheelers market is expected to record a valuation of USD 100 billion by 2030, according to the most recent study by Global Market Insights Inc.

Key Points: 
  • SELBYVILLE, Del., Aug. 22, 2022 /PRNewswire/ -- The electric two-wheelers market is expected to record a valuation of USD 100 billion by 2030, according to the most recent study by Global Market Insights Inc .
  • However, the lack of appropriate charging infrastructure in countries like Mexico, Brazil, and India may hamper the electric two-wheelers market expansion.
  • The above 6.5kW segment in the electric two-wheelers market is foreseen to cross USD 20 billion through 2030.
  • The North American electric two-wheelers market is projected to exceed USD 6 billion by 2030 impelled by increased adoption of electric micro-mobility solutions and rising concerns about environmental sustainability.