UAE ELECTRIC MOTORCYCLE MARKET
INTRODUCTION
Electric motorbikes and scooters are two- or three-wheeled plug-in electric vehicles. The electricity is stored in a rechargeable battery on board and is used to power one or more electric motors.
The key driver of the electric scooter and motorbike market is the rising price of gasoline products. The rising cost of gasoline is already affecting consumers in emerging markets.
Electric two-wheelers would have lower running costs and be more efficient than traditional vehicles. Electronic systems are more efficient and long-lasting than mechanical systems since there is less friction and wear on them.
Furthermore, there is an increasing demand for competent automobiles that emit no carbon dioxide, as well as an increase in environmental concerns and the implementation of severe environmental regulations are driving the growth of the market.
UAE MOTORCYCLE MARKET SIZE AND FORECAST
The UAE Electric Motorcycle Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
UAE ELCTRIC MOTORCYCLE MARKET NEW PRODUCT LAUNCH
In the United Arab Emirates, ONE MOTO debuts electric motorcycles. ONE MOTO’s electric motorcycles include detachable and swappable batteries that can be charged at home using a standard three-pin connection.
It takes 4-6 hours for them to charge to 100%, giving riders a range of up to 150 kilometers. Fast-charging batteries, on the other hand, require only 1 hour to charge to 80% capacity, allowing riders to go 80-90 kilometers depending on their riding style.
Furthermore, the bikes can be conveniently stored in most locations, are extremely easy to charge at home or at work, and are suitable for anybody who wishes to make their daily commute more environmentally friendly.
Despite their somewhat higher price tag, Ridgway argues that electric bikes may save individuals over AED 14,700 per bike per year since they do not require gasoline, servicing, Salic, or maintenance.
UAE ELECTRIC MOTORCYCLE MARKET RECENT DEVELOPMENT AND INNOVATION
| S No | Company Name | Development |
|---|---|---|
| 1 | Sumi | The first fully designed and produced e-motorcycle in the United Arab Emirates, the EB-One from Sumi, has been introduced. The latest entry can travel 300 km on a single charge and can reach a top speed of 150kph. A 10.4kW battery that can be charged from empty to 80% in one hour powers it. |
| 2 | Terra Tech | The first fleet of electric motorcycles have arrived at the warehouse in Al Quoc of Dubai-based company Terra Tech. With the delivery of its first fleet of electric motorcycles, Terra is one step closer to putting its cars on UAE roads and making local last-mile electric transportation a practical reality. |
| 3 | Zoom Volt Motors | To reduce carbon emissions and support environmentally friendly last-mile logistics operations, the electric mobility startup Zoom Volt Motors offered an electric motorcycle that is specifically made for B2B last-mile deliveries.
The VS1 is Zoom Volt’s first B2B electric motorcycle. It boasts a sleek, contemporary German design and a powerful electric engine with a range of 160 kilometers and a top speed of 100 kilometer’s per hour. |
The two-wheeled transportation sector in the UAE and beyond might use a game-changing product, according to Sumi. In addition to its aerodynamic design, the EB-One has a USB charging port, LED headlights, and a digital instrument cluster.
The UAE Open Innovation Lab, a government-backed effort intended to keep the emirate at the forefront of technology advancement, conducted the research and development for the e-bike. The launch, according to SRTIP, “marks a major milestone for the UAE’s sustainable transport and mobility sector and a further step towards the country’s clean energy goals in the run-up to Cop28,” which is taking place in Dubai.
The first fleet of electric motorcycles from Terra Tech has just been unveiled, ushering in the company’s next critical stage of expansion. The focus is on finalizing contracts with renowned partners in the last-mile industry in the UAE as the bikes go through final testing. The feedback that has been had on their solutions has been encouraging, and many of their partners are eager to make additional investments.
The motorbikes’ swappable batteries and ability to survive the extreme heat of the UAE have been designed and tested, resulting in lengthy battery life and less frequent battery swapping requirements. For use with its electric motorcycles, Terra is the first B2B-focused micro-mobility tech firm in the MENA area. It offers solutions for swappable batteries that allow users to do so at any time.
By decreasing greenhouse gas (GHG) emissions in last-mile logistics, this initiative emphasizes Zoom Volt’s commitment to the UAE Net Zero Strategy and shows its dedication to socioeconomic and environmental concerns. As a result of its features, which include a one-push reverse button, a USB charging connector, and an air circuit breaker, it is a great choice for B2B deliveries and aims to reduce carbon emissions while advancing sustainable logistics.
A large amount of the transportation industry’s nearly 24% share of GHG emissions can be attributed to last-mile logistics. Motorcycles with internal combustion engines contribute significantly to both climate change and air pollution. At the moment, last-mile deliveries in the UAE are only ever made by combustion motorcycles.
THIS UAE ELCTRIC MOTORCYCLE MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS
- How many Electric Motorcycles are manufactured per annum in UAE? Who are the sub-component suppliers in different regions?
- Cost breakup of a UAE Electric Motorcycle and key vendor selection criteria
- Where are the Electric Motorcycles manufactured? What is the average margin per unit?
- Market share of UAE Electric Motorcycle market manufacturers and their upcoming products
- Cost advantage for OEMs who manufacture UAE Electric Motorcycle in-house
- key predictions for next 5 years in UAE Electric Motorcycle market
- Average B-2-B Electric Motorcycle market price in all segments
- Latest trends in Electric Motorcycle market, by every market segment
- The market size (both volume and value) of the Electric Motorcycle market in 2024-2030 and every year in between?
- Production breakup of Electric Motorcycle market, by suppliers and their OEM relationship
