Electric ScooterMarket Business Overview and Forecast Research Electric Scooter Market Business Overview, Growth | Page 4
in starting the engine and speeding functions, and the use of regenerative braking for
down slope driving. These factors are expected to boost the global electric scooter
market in North America during the forecast period.
Multinational players
Major players in the global electric scooter market include Honda Motor Co. Ltd.,
Brammo, Inc., AllCell Technologies, LLC, Mahindra & Mahindra Ltd, Terra
Motors Corporation, Yamaha Motor Company Limited, Suzuki Motor Corporation,
KTM AG, Peugeot Scooters, and Green Energy Motors Corp among others. The
reduction in the overall manufacturing cost and consumer’s purchase rate is expected
to boost the global electric scooter market in the forecast period. In 2015, Brammo
Electric Motorcycles and Zero Electric Motor Cycles improved their products by
cutting down the cost on every e-motorcycles models with an increase in acceleration
and improved off-the-line performance and increasing the battery capacities which
could over 220 miles on a fully charged battery.
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