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Some of the key reasons propelling the growth of this market include the rising popularity of electric vehicles around the globe, falling battery prices, and rising investment by top automotive OEMs to secure the battery supply chain for their upcoming electric cars.
Significant potential prospects for market participants are presented by the rising acceptance of electric mobility in emerging nations, rising investments in expanding lithium-ion battery capacity, and rising deployment of battery-as-a-service.
Leading automobile OEMs are forming alliances and working together with battery OEMs to increase their presence in the electric vehicle battery industry. Leading battery OEMs are also making investments in the creation of innovative battery production technologies.
The France 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.
Caofen, a Chinese producer of electric motorcycles, recently declared aspirations to join the European market. For the fun-loving enthusiast audience searching for an attractive yet competent all-electric all-rounder, the F80 electric dual-sport looked to be the ideal fit.
Through Jonway France, an electric two-wheeler distributor, Caofen joins the French market.
In place of the internal combustion engine in a conventional motorbike, a huge 7V 30 Ah 2.16 kWh lithium-ion battery is contained in a magnesium case and is supported by a robust, one-piece frame. The battery pack for the F80 can, according to caofen, be fully charged in under two hours.
This strongly suggests that battery technology has advanced because, only a few years ago, charging periods would have been almost twice as long.