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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.
The UAE 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.
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 kilometres. Fast-charging batteries, on the other hand, require only 1 hour to charge to 80% capacity, allowing riders to go 80-90 kilometres 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, salik, or maintenance.
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