Scooter (motorcycle)

Kandi Technologies Reports First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, May 10, 2023

JINHUA, CHINA, May 10, 2023 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company”, “we” or “Kandi”) (NASDAQ GS: KNDI), today announced its financial results for the first quarter of 2023.

Key Points: 
  • JINHUA, CHINA, May 10, 2023 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company”, “we” or “Kandi”) (NASDAQ GS: KNDI), today announced its financial results for the first quarter of 2023.
  • Off-road vehicles and associated parts sales increased by 94.0% to $20.8 million, compared to $10.7 million in the same period of 2022.
  • Electric Scooters, Electric Self-Balancing Scooters and associated parts sales were $0.1 million, compared with $2.1 million in the same period of 2022.
  • Cash and equivalents, restricted cash, and certificate of deposit totaled $238.6 million as of March 31, 2023.

Kandi Technologies Reports 2022 Financial Results

Retrieved on: 
Wednesday, March 15, 2023

JINHUA, China, March 15, 2023 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company”, “we” or “Kandi”) (NASDAQ GS: KNDI), today announced its financial results for the full year ended December 31, 2022.

Key Points: 
  • JINHUA, China, March 15, 2023 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company”, “we” or “Kandi”) (NASDAQ GS: KNDI), today announced its financial results for the full year ended December 31, 2022.
  • Off-road vehicles and associated parts sales increased by 140.7% to $70.6 million, compared to $29.3 million in 2021.
  • Cash and equivalents, restricted cash, and certificate of deposit totaled $232.2 million as of December 31, 2022.
  • Dr. Xueqin Dong, Chief Executive Officer of Kandi commented, “Over the past year, the management of Kandi has made concerted efforts to adapt to changing market conditions and adjust our development strategies accordingly.

Hero MotoCorp and Zero Motorcycles Agree to Collaborate on New Premium Electric Vehicles

Retrieved on: 
Monday, March 6, 2023

Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, and Zero Motorcycles, the California (USA)-based manufacturer of premium electric motorcycles and powertrains, have signed agreements to collaborate on premium Electric Motorcycles.

Key Points: 
  • Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, and Zero Motorcycles, the California (USA)-based manufacturer of premium electric motorcycles and powertrains, have signed agreements to collaborate on premium Electric Motorcycles.
  • The collaboration combines the expertise of Zero in developing power trains and electric motorcycles with the scale of manufacturing, sourcing and marketing of Hero MotoCorp.
  • In September 2022, the Board of Hero MotoCorp approved an equity investment of up to US$60 million in Zero Motorcycles.
  • Zero Motorcycles is the global leader in electric motorcycles and powertrains.

Electric Scooters Market to be Worth $78.65 Billion by 2030: Grand View Research, Inc.

Retrieved on: 
Wednesday, February 8, 2023

Key Industry Insights & Findings from the report:

Key Points: 
  • Key Industry Insights & Findings from the report:
    The personal end-use segment is expected to register the fastest growth rate from 2023 to 2030.
  • Read 164-page market research report, " Electric Scooters Market Size, Share & Trends Analysis Report By Battery (Lithium-ion, Lead-acid), By Drive Type (Belt Drive, Hub Motor), By End-use (Personal, Commercial), By Region, And Segment Forecasts, 2023 - 2030 ", published by Grand View Research.
  • For instance, Gogoro, Inc., and KYMCO expanded their reach in other regions to capture the benefit of the untapped market.
  • These initiatives are anticipated to become more robust with increasing gasoline prices...
    Grand View Research has segmented the global electric scooters market based on the drive type, battery, end-use, and region
    E-scooters Market - Drive Type Outlook (Revenue, USD Million, 2018 - 2028)

Electric Scooters Market to be Worth $78.65 Billion by 2030: Grand View Research, Inc.

Retrieved on: 
Wednesday, February 8, 2023

Key Industry Insights & Findings from the report:

Key Points: 
  • Key Industry Insights & Findings from the report:
    The personal end-use segment is expected to register the fastest growth rate from 2023 to 2030.
  • Read 164-page market research report, " Electric Scooters Market Size, Share & Trends Analysis Report By Battery (Lithium-ion, Lead-acid), By Drive Type (Belt Drive, Hub Motor), By End-use (Personal, Commercial), By Region, And Segment Forecasts, 2023 - 2030 ", published by Grand View Research.
  • For instance, Gogoro, Inc., and KYMCO expanded their reach in other regions to capture the benefit of the untapped market.
  • These initiatives are anticipated to become more robust with increasing gasoline prices...
    Grand View Research has segmented the global electric scooters market based on the drive type, battery, end-use, and region
    E-scooters Market - Drive Type Outlook (Revenue, USD Million, 2018 - 2028)

IQST – iQSTEL Confirms $105M 2023 Revenue Forecast, Profitability EOY and Nasdaq Up Listing Plans with EV Rebranding and New Fintech Product On The Horizon

Retrieved on: 
Tuesday, January 24, 2023

In advance of the annual shareholder meeting next week, iQSTEL has today published a summary of the company’s 2022 achievements and 2023 objectives.

Key Points: 
  • In advance of the annual shareholder meeting next week, iQSTEL has today published a summary of the company’s 2022 achievements and 2023 objectives.
  • “Nevertheless, the overall economic headwinds, in my opinion, overwhelmed the potential for iQSTEL’s share price performance in 2022 to reflect iQSTEL’s operational performance.
  • iQSTEL is not alone, several huge companies have suffered the same stock drop.
  • The Fintech Division has already started positioning its Fintech product in the market specifically through CrossTech Payments (IMTC) in Miami starting last November.

Electric Scooter Company GOTRAX Announces 2022 Black Friday Deals

Retrieved on: 
Tuesday, November 22, 2022

DALLAS, Nov. 22, 2022 /PRNewswire/ -- Today, GOTRAX announces that customers can access these deals on their products for kids and adults.

Key Points: 
  • Electric Scooters and e-Bikes popularity grows as consumers look for eco-conscious, micro-transportation solutions.
  • Hoverboards, thought to be a fast fad of the mid-2010's, continue to be in high demand.
  • GOTRAX is a leading manufacturer of electric scooters and e-bikes.
  • Started in 2017, the Dallas based company has been producing premium electric rideables, specializing in solutions for daily commuting and transportation.

Saudi Arabia Electric Two-Wheeler Market to Reach $2.11 Million by 2027 at a CAGR of 78.24% - ResearchAndMarkets.com

Retrieved on: 
Wednesday, October 5, 2022

Saudi Arabia electric two-wheeler market was valued at USD 117.72 thousand in 2022E and is forecast to grow at a CAGR of 78.24% through 2027 to reach USD 2,117.94 thousand by 2027.

Key Points: 
  • Saudi Arabia electric two-wheeler market was valued at USD 117.72 thousand in 2022E and is forecast to grow at a CAGR of 78.24% through 2027 to reach USD 2,117.94 thousand by 2027.
  • Saudi Arabia electric two-wheeler market is driven by various factors such as rising fuel price, government initiative towards renewable energy, etc.
  • As a result, these government actions reduce air pollution levels and stimulate the market for electric two-wheelers in Saudi Arabia.
  • In this report, Saudi Arabia electric two-wheeler market have been segmented into the following categories, in addition to the industry trends which have also been detailed below:
    Saudi Arabia Electric Two-Wheeler Market By Vehicle Type:
    Saudi Arabia Electric Two-Wheeler Market By Battery Capacity:
    Saudi Arabia Electric Two-Wheeler Market By Battery Type:
    Saudi Arabia Electric Two-Wheeler Market By Range:

Electric Motorcycle Market Size to Grow USD 11410 Million by 2028 with a CAGR of 6.5 | Valuates Reports

Retrieved on: 
Monday, September 26, 2022

BANGALORE, India, Sept. 26, 2022 /PRNewswire/ --The Global Electric Motorcycle Market is Segmented by Type ( Electric Motorcycle, Electric Scooter ), by Application (Sealed Lead Acid, Lithium Ion): Global Opportunity Analysis and Industry Forecast, 2022-2028.

Key Points: 
  • BANGALORE, India, Sept. 26, 2022 /PRNewswire/ --The Global Electric Motorcycle Market is Segmented by Type ( Electric Motorcycle, Electric Scooter ), by Application (Sealed Lead Acid, Lithium Ion): Global Opportunity Analysis and Industry Forecast, 2022-2028.
  • Due to the COVID-19 pandemic, the global Electric Motorcycle market size is estimated to be worth USD 7817 Million in 2022 and is forecast to a readjusted size of USD 11410 Million by 2028 with a CAGR of 6.5% during the review period.
  • Growth in investment for research and development to carve the way for innovations is expected to fuel the electric motorcycle market.
  • Top Companies in the Electric Motorcycle Market:
    Global Electric Motorcycle key players include Yadea, AIMA, Lvyuan, Sunra, TAILG, etc.

Lithium Ion Battery Recycling Market is Projected To Reach USD 24930 Million By 2028 at a CAGR of 38.1% - Valuates Reports

Retrieved on: 
Tuesday, August 9, 2022

- The global Electric Vehicle Battery Recycling market size is projected to reach USD 2426.4 million by 2028, from USD 1176.3 million in 2021, at a CAGR of 10.8% during 2022-2028.

Key Points: 
  • - The global Electric Vehicle Battery Recycling market size is projected to reach USD 2426.4 million by 2028, from USD 1176.3 million in 2021, at a CAGR of 10.8% during 2022-2028.
  • - In 2020, the global 18650 Lithium Battery market size was USD 6346.1 million and it is expected to reach USD 7091.9 million by the end of 2027, with a CAGR of 1.6% during 2021-2027.
  • - The global Lithium-ion Battery Recycling market size is projected to reach USD 24930 million by 2028, from USD 2543 million in 2021, at a CAGR of 38.1% during 2022-2028.
  • - The global thermal management market size is projected to reach USD 78300 million by 2028 from USD 60120 million in 2021 at a CAGR of 3.8% during 2022-2028.