A new study suggests that electric motorcycles will provide a lucrative market for manufacturers in coming years. Steadily rising fuel prices and tougher environmental constraints in many countries will encourage customers to invest in electric motorcycles, particularly for commuting. This segment looks set to outstrip demand for e-bikes, electric cars or electric buses according to the study, carried out by IDTechEx. Another electric vehicle segment looking to grow fast is for MicroEVs. IDTechEx has analys
August 15, 2014
Read time: 2 mins
Chinese manufacturers already produce large numbers of low-cost electric scooters, which are very popular in the country for urban commuting due to their low running costs
A new study suggests that electric motorcycles will provide a lucrative market for manufacturers in coming years. Steadily rising fuel prices and tougher environmental constraints in many countries will encourage customers to invest in electric motorcycles, particularly for commuting. This segment looks set to outstrip demand for e-bikes, electric cars or electric buses according to the study, carried out by IDTechEx. Another electric vehicle segment looking to grow fast is for MicroEVs. IDTechEx has analysed the various electric vehicle sectors in its new report, "Electric Motorcycles and Three Wheel Electric Vehicles 2015-2025" %$Linker: 2External<?xml version="1.0" encoding="utf-16"?><dictionary />000oLinkExternalwww.IDTechEx.com/bikesVisit: www.IDTechEx.com/bikesfalsehttp://www.idtechex.com/bikesfalsefalse%>. According to the report, the global market value of over $12 billion for electric motorcycles (including e-scooters and maxi scooters) in 2025 will exceed US$12 billion. MicroEVs are being aimed primarily at emerging nations, with a massive potential for growth according to the report. While firms making electric motor cycles and three wheelers are smaller businesses than those building electric cars, these niche segments are capable of generating higher percentage profits. The same is true of those making components and systems. Yamaha and 1233 BMW are planning on entering the electric motorcycle/scooter segment in 2015, while Harley Davidson has also unveiled its prototype. Meanwhile small companies like leader Zero Motorcycles and 3436 Brammo are attracting strong orders, demonstrating impressive innovation and going global with them. There are also numerous Chinese firms innovating with low cost maxi-scooters and motorcycles.
India’s construction sector is well positioned to take advantage of business opportunities when the government moves to revitalise the frail economy, as visitors to this year’s bC India show will find out.
New roads, power plants, airports and other infrastructure have been promised by India’s Prime Minister Narendra Modi as his Bhartiya Janta Party comes off a May election with a clear majority.
A methane-powered bus has set a speed record for a regular city bus of nearly 124km/h at a test track in the UK, according to media reports.
The bus, from the southern city of Reading, was converted to run on compressed methane from cow manure and was painted black and white like a Friesian cow.
Mechanics removed the bus’s engine governor that restricted the vehicle’s speed to 90km/h. The bus then broke the record on the banked high-speed circuit at Millbrook Proving Ground, near the city of Bedford.
Billboards are used to advertise everything, from toothpaste to airplanes and also to get a message across, such as don’t litter the highway.
But one wife in Sheffield, United Kingdom, decided to make it personal, and tell her cheating husband that it was all over.
Oops! Just a little too much pressure on the accelerator sent this €1 million (US$1.1 million) sports car spinning off onto a side trip into a couple parked cars in Budapest.
He quickly decided to remove the registration plates and cover the vehicle.
So what exactly did the poor man crash? LaFerrari is a limited production hybrid consisting of petrol engine and KERS, kinetic energy recovery system, as used in Formula One cars. It was unveiled at the 2013 Geneva Auto Show and around 500 of the less than
