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The term “plug-in electric vehicle” can also refer to two- or three-wheeled bikes and scooters. Rechargeable lead or lithium batteries are used in these automobiles to store the energy they use. Compared to bikes powered by gasoline or diesel, electric motorcycles provide a comfortable ride.
Market expansion is being fueled by both favourable government policies and escalating environmental challenges. Rising energy prices and competition among new energy-saving technologies are also projected to stimulate market expansion.
As petrol prices climb, consumers are being forced to switch to battery-powered electric bikes and scooters. The maintenance expenses of electric bikes and scooters are cheaper than those of two-wheel vehicles fueled by gasoline or diesel because they have fewer moving components.
The Cambodia Electric Motorcycle 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.
The first electric motorcycle developed in Cambodia was produced by Voltra Motors, which has now opened its doors to the general public.
Compared to the typical gasoline-powered motorbikes that are frequently seen on Cambodian highways, the Voltra e-bike is significantly superior. The majority of the Kingdom’s more over five million registered cars are motorcycles.
The Voltra e-bike is not only ecologically beneficial but also significantly less expensive to purchase and simpler to use on and off the road. The Voltra e-bike can travel up to 50 kilometres on a fully charged battery. Because the battery is detachable, it can be charged anyplace there is an electrical outlet.
Private businesses and several governmental and non-governmental organisations, including the United Nations Development Program, Acleda Bank, and Pour un Sourire d’Enfant, have lent their assistance to the project to construct the Voltra e-bike.
