EV OEMs Worldwide

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The Rise of Two-Wheeler Electric Vehicle OEMs Globally

  • The electric vehicle (EV) industry has witnessed significant growth across the globe, especially in the two-wheeler segment. From 2010 to 2022, countries like Norway, the UK, the European Union, China, the United States, Germany, South Africa, India, and Sweden have experienced rapid increases in EV adoption. This shift is largely driven by the need for sustainable transportation and reducing carbon emissions. The success of EVs has encouraged traditional automotive firms to invest in startups, leading to a surge in new players in the market.

    The following is a country-wise overview of the major Original Equipment Manufacturers (OEMs) and startups dominating the two-wheeler EV space.

    1. India: A Growing EV Market

    India’s transition to electric mobility is in full swing, though it still represents a small share of the global EV market. However, two-wheeler EVs are becoming increasingly popular due to affordability and urban mobility demands. The government's focus on green energy through initiatives like FAME (Faster Adoption and Manufacturing of Hybrid & Electric Vehicles) is a significant boost to the industry.

    • Ola Electric: A well-known startup with its Ola S1 electric scooter, known for long range and high-speed offerings.
    • Ather Energy: Pioneering the space with its Ather 450X, offering smart features and fast charging.
    • Hero Electric: India's oldest and largest two-wheeler EV manufacturer, offering affordable models like Optima HX.
    • TVS iQube: TVS Motors entered the electric two-wheeler market with the iQube, known for robust technology.
    • Bajaj Chetak: The iconic Chetak is revived in an electric avatar, focusing on premium design and performance.

    India is seeing an influx of startups, backed by local automotive firms aiming to push electrification.

    2. USA: Pioneering High-Performance Electric Two-Wheelers

    The U.S. EV market is known more for electric cars, but there is a growing focus on electric motorcycles and scooters, driven by innovation and performance.

    • Zero Motorcycles: A leader in electric motorcycles offering high-performance models like the Zero SR/F, targeting adventure and street riders.
    • Harley-Davidson (LiveWire): Harley-Davidson's EV wing offers the LiveWire, focusing on premium, performance-focused electric motorcycles.
    • Lightning Motorcycles: Known for speed and performance, Lightning’s LS-218 is the world’s fastest electric motorcycle.

    Startups and traditional manufacturers in the U.S. are leveraging technology and performance to cater to a niche market of high-end electric motorcycles.

    3. United Kingdom: A Focus on Urban Mobility

    The UK's government policies supporting low-emission vehicles have spurred growth in electric two-wheelers. Startups here often emphasize urban mobility solutions.

    • Zapp: A relatively new player, known for its i300 electric scooter that combines style with speed.
    • Super Soco: Offering models like CPx and CU Mini, Super Soco targets younger, urban commuters with affordable solutions.
    • Niu: Although headquartered in China, Niu has a strong market in the UK with models like the NQi and MQi, offering a range of electric scooters for city riders.

    4. Norway: A Leading Country in EV Adoption

    Norway’s government policies have made it one of the world's leaders in EV adoption. Although primarily known for electric cars, two-wheeler EVs are also gaining ground.

    • Vässla: A popular Swedish brand with a presence in Norway, offering electric scooters like the Vässla Bike, a hybrid between a scooter and a bike.
    • Zeronomics: A homegrown startup focusing on electric bicycles and scooters that cater to the growing demand for personal electric mobility.

    The high adoption rate of EVs in Norway has allowed smaller OEMs to thrive alongside larger global brands.

    5. European Union: A Hub for Electric Scooters and Bicycles

    In Europe, the EV market for two-wheelers has expanded rapidly due to environmental regulations and city-specific emissions zones.

    • Gogoro: Taiwan-based, but with a growing market in Europe. Gogoro offers smart scooters like the Viva and focuses on battery-swapping technologies.
    • Askoll: An Italian manufacturer offering the Askoll eS series for urban mobility, known for their affordable prices.
    • Silence: Based in Spain, Silence S01 scooters are widely used in ride-sharing services and personal commuting.

    The EU’s commitment to reducing carbon emissions has created fertile ground for startups to enter the electric two-wheeler space.

    6. China: Dominating the Two-Wheeler EV Market

    China has the largest EV market in the world, and this extends to two-wheelers as well. The country is home to numerous OEMs, contributing to both domestic and international markets.

    • Niu Technologies: A global leader in smart scooters, offering a wide range of electric scooters with advanced IoT features.
    • Yadea: One of the largest manufacturers of electric two-wheelers globally, offering various models of electric motorcycles and scooters.
    • Xiaomi (Xiaomi M365): Although better known for electronics, Xiaomi has entered the EV space with its popular M365 electric scooter for urban mobility.

    China's dominance in the two-wheeler EV sector is due to massive manufacturing capacity, government incentives, and a large domestic market.

    7. Australia: A Growing Market for Electric Motorcycles

    Australia’s EV market, while small compared to other regions, is growing rapidly, particularly in the two-wheeler segment.

    • Savic Motorcycles: An Australian startup producing high-performance electric motorcycles like the Savic Alpha.
    • Fonzarelli: A homegrown brand offering the Fonzarelli NKD, an electric motorcycle built for urban commuting.

    Australia’s focus is shifting from traditional internal combustion vehicles to electric alternatives as consumer interest in sustainable transport grows.

    The Future of Two-Wheeler EVs

    The rise of two-wheeler electric vehicles is a global phenomenon, spurred by government incentives, environmental regulations, and the demand for cleaner transportation. While countries like China and India are leading in volume, regions like Europe and the U.S. focus on high-performance and urban mobility solutions.

    As sales of electric vehicles continue to rise year after year, the collaboration between established automakers and startups will only increase, leading to innovations in battery technology, design, and overall vehicle efficiency.

    The period between 2010 and 2022 saw rapid growth in EV sales, with countries like Norway having an EV market share of 88%, Sweden at 54%, and the European Union at 21%, demonstrating the global shift towards electrification. The two-wheeler segment will play a key role in this transition, particularly in densely populated cities where compact, affordable, and eco-friendly vehicles are essential.

    By focusing on innovation, affordability, and sustainability, the two-wheeler EV segment is set to become a cornerstone of the global electric mobility revolution.

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