CountryAfghanistanAlbaniaAlgeriaAndorraAngolaAntigua & BarbudaArgentinaArmeniaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBhutanBoliviaBosnia & HerzegovinaBotswanaBrazilBruneiBulgariaBurkina FasoBurundiCambodiaCameroonCanadaCape VerdeCentral African RepublicChadChileChinaColombiaComorosCongoCongo Democratic RepublicCosta RicaCote d'IvoireCroatiaCubaCyprusCzech RepublicDenmarkDjiboutiDominicaDominican RepublicEcuadorEast TimorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEthiopiaFijiFinlandFranceGabonGambiaGeorgiaGermanyGhanaGreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHungaryIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKiribatiKorea NorthKorea SouthKosovoKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMacedoniaMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMauritaniaMauritiusMexicoMicronesiaMoldovaMonacoMongoliaMontenegroMoroccoMozambiqueMyanmar (Burma)NamibiaNauruNepalThe NetherlandsNew ZealandNicaraguaNigerNigeriaNorwayOmanPakistanPalauPalestinian State*PanamaPapua New GuineaParaguayPeruThe PhilippinesPolandPortugalQatarRomaniaRussiaRwandaSt. Kitts & NevisSt. LuciaSt. Vincent & The GrenadinesSamoaSan MarinoSao Tome & PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth SudanSpainSri LankaSudanSurinameSwazilandSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandTogoTongaTrinidad & TobagoTunisiaTurkeyTurkmenistanTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited States of AmericaUruguayUzbekistanVanuatuVatican City (Holy See)VenezuelaVietnamYemenZambiaZimbabwe
Multi User License - $2,500
Low operating and maintenance expenses are a primary driver of the adoption of electric motorcycles. Consumers are being compelled to switch to battery-powered electric motorcycles and scooters as a result of rising fuel prices.
Electric motorcycle require less maintenance since they have fewer moving parts than two-wheelers powered by gasoline or diesel. Environmentally friendly laws that reduce pollution and reliance on fossil fuels will also boost market figures.
One of the main market factors limiting demand for electric motorcycles is the high initial acquisition cost of electric two-wheelers.
For electric motorcycles and scooters to operate efficiently, high-capacity batteries are essential. Due to the high cost of these batteries, electric two-wheelers are more expensive overall.
In order to improve aesthetics and minimise weight, high-quality materials are also utilised in the production of electric bikes and scooters, which raises the initial selling price. Continuous R&D efforts by OEMs have a substantial impact on lowering battery costs, boosting market revenue.
Niobium battery cells will be supplied by the Brazilian mining company CBMM to China’s Horwin in South America for fast-charging electric motorcycles utilising technology that it co-developed with Toshiba.
The world’s largest producer of niobium oxide, a Brazilian business, will supply the battery cells, while Horwin Brasil will make both the component’s “brain” and the motorcycles themselves.
The company has projects planned with the major battery manufactures in Asia, Europe, and the United States. The objective is to build 4,000 battery cells to test the technology with the end user before moving on to the industrial planning stage.
The Brazil Electric Motorcycle Battery Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
© Copyright 2017-2022. Mobility Foresights. All Rights Reserved.