Source: Clean Technica

Drawing on data from Asia-focused mobility industry data reports, and removing China from the equation, it can be seen that the worldwide electric moped market is composed of a set of regional markets with differing trajectories which are shaped by policy, infrastructure, cost considerations, and urban density.

India has the largest electric moped and motorcycle sector beyond China, with annual electric two-wheeler sales surpassing 1.5 million units, and electric mopeds representing over 90% of the volume. Incentives at both national and state levels are a key factor in the growth of the sector, alongside sustained high fuel prices which make electric mobility options the preferable option for many. Considering the whole two-wheeler market in the country, however, electric models remain at less than 10% of the total market.

Vietnam has a smaller market but strong potential. Sales of electric moped and low-speed electric motorcycles are estimated at between 200,000-350,000 units, in a country that has a very high motorcycle density. There is considerable government pressure to reduce urban emissions, opening the door to electric options.

Indonesia represents a long-term opportunity for electric two-wheelers. Annual sales are estimated at between 200,000-400,000, with volume varying depending on availability of subsidies, and fleet demand. Currently, growth is being led by fleet operators in the ride-hailing sector, rather than private ownership, in contrast to India and Vietnam.

Taiwain sees annual electric moped sales between 70-000-100,000 units, and a high penetration rate, with a dense battery-swapping network alleviating range anxiety.

Europe presents a fragmented but expanding picture of the market, with combined annual electric moped and motorcycle sales between 400,000-600,000 across key countries including France, Italy and Spain. Demand is rising as cities introduce more stringent emissions regulations.

South Korea represents a smaller market, with annual electric moped and motorcycle sales between 20,000-40,000 units. There are more limited incentives and a lower reliance on two-wheelers for daily transport, though delivery fleets are a key area of deployment.

An outlier is the Philippines, which has a small number of electric two-wheelers, but a large volume of e-trikes, which are utility vehicles used primarily for short-distance public transport.