The automotive future is expected to feature a complex mix of powertrains, and electric power is likely to play an important role. Today, this trend is most apparent in the four-wheeled segment, where sales of battery electric vehicles and fuel cell electric vehicles are surging. But electrification could also transform two-wheelers1—the mopeds, scooters, motorbikes, and motorcycles that account for about 30 percent of global mobility. These vehicles are an essential link in the transportation network, especially in China, South Asia, and Southeast Asia, with about 45 million units sold in fiscal year 2021.
At present, only a small percentage of two-wheelers are electrified, but many companies have recently entered the market. As with four-wheelers, electrification could rapidly gain traction in this segment and help reduce emissions. To help companies succeed, we examined the electric-two-wheeler market in detail, assessing growth patterns, total cost of ownership (TCO), recent technology advantages, and consumer sentiment. With these insights, we pinpointed the factors that can help OEMs and others succeed in the two-wheeler segment.
Saietta Group plc (LON:SED) is a multi-national business which designs, engineers and manufactures complete Light Duty and Heavy Duty electric drive (eDrive) systems for electric vehicles on land from scooters to buses (vehicle categories L, M, N and T) as well as marine applications.
