Automotive and Transportation North America Electric Scooters and Motorcycles | Page 2

North America Electric Scooters and Motorcycles Market The North American electric scooters and motorcycles market is likely to reach $675.7 million by 2024, with a CAGR of 28.4%, according to P&S Intelligence. Emergence of electric scooter sharing fleet, government policies and incentives, development in battery technology, and low maintenance cost are the key factors driving the growth of the market. Emergence of electric scooter sharing fleet is responsible for the growth of the North American electric scooters and motorcycles market. Many new sharing service providers have started to deploy electric scooters and kick scooters in their fleet. Further, the availability of smart charging stations and application of these vehicles in food and beverages delivery services are opening up new opportunity for the growth in the market. P&S Intelligence