Electric Motorcycle Market Strategic Growth, Innovation and Investment Trends

Electric Motorcycle Market Size and Regional Production Analysis

The electric motorcycle market is predicted to expand from USD 11.89 billion in 2025 to USD 19.45 billion by 2034, growing at a CAGR of 5.62% during the forecast period from 2025 to 2034. The growing demand for powerful superbikes among youths coupled with increasing awareness related to reducing vehicular emission has driven the market expansion.

Additionally, rise in number of electric motorcycle startups in developing nations such as India, Vietnam, Thailand along with technological advancements in powertrains is contributing to the overall industrial growth. The research and development activities related to solid-state batteries is expected to create ample growth opportunities for the market players in the upcoming days.

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Introduction

The electric motorcycle market is a prominent branch of the automotive industry. This industry deals in manufacturing and distribution of electric motorcycles in different parts of the world. These motorcycles are integrated with different types of drives including belt drive, chain drive and hub motor. It is powered by numerous types of batteries such as lithium-ion, lead acid and some others. The end-users of this sector consist of personal and commercial. The rapid urbanization in western nations has increased the demand for eco-friendly commute, thereby driving the market expansion. This market is expected to rise significantly with the growth of the electric vehicle industry around the globe.

Highlights of the Electric Motorcycle Market

• Asia Pacific generated highest revenue of the electric motorcycle market.
• Europe is expected to grow with a significant CAGR during the forecast period.
• By battery type, the lithium-ion segment held the largest share of the market.
• By battery type, the lead-acid segment is expected to grow with a considerable CAGR during the forecast period.
• By end-use, the personal segment led the industry.
• By end-use, the commercial segment is expected to rise with a notable CAGR during the forecast period.

Key Metrics and Overview

What are the Trends of the Electric Motorcycle Market in 2025?

The major trends in this market consists of fast charging technologies, government initiatives, proliferation of startups.

• Fast Charging Technologies

The market players are integrating fast charging solutions in electric motorcycle to enhance drivability and reduce range anxiety.

• Government Initiatives

The government of several countries are launching numerous initiatives to increasing the awareness of EVs.

• Proliferation of Startups

The rise in number of electric bike startups has grown rapidly in several countries including China, India, Vietnam and some others.

Battery Type Insights

How did the Lithium-ion Segment Led the Electric Motorcycle Market in 2025?

The lithium-ion segment dominated the market. The growing use of lithium ion-batteries in electric motorcycles for delivering high-riding range has driven the market expansion. Additionally, numerous advantages of these batteries including long cycle life, fast charging capabilities, high energy density, reduced maintenance and some others is expected to propel the growth of the electric motorcycle market.

The lead-acid segment is expected to rise with a considerable CAGR during the forecast period. The rising use of lead-acid batteries in affordable motorcycles has boosted the market growth. Also, various benefits of these batteries such as cost-effectiveness, mature technology, ability to handle high currents and some others is expected to drive the growth of the electric motorcycle market.

End-Use Insights

What Made Personal to be the Most Dominant Segment of Electric Motorcycle Market in 2025?

The personal segment dominated the industry. The growing adoption of low-power electric motorcycles among middle-class consumers has boosted the market expansion. Additionally, the rising popularity of powerful electric motorcycles among youths is expected to drive the growth of the electric motorcycle market.

The commercial segment is expected to expand with a notable CAGR during the forecast period. The rise in number of ride-hailing companies in several countries such as Singapore, China, Japan, UK and some others has boosted the market growth. Also, the rapid adoption of electric motorcycles by fleet operators to derive maximum profits is expected to propel the growth of the electric motorcycle market.

Geographical Insights

Why Asia Pacific Dominated the Electric Motorcycle Market in 2025?

Asia Pacific led the electric motorcycle market. The growing production of electric motorcycles in several countries such as India, China, Japan, South Korea and some others has boosted the market expansion. Additionally, numerous government initiatives aimed at developing the EV charging infrastructure coupled with rise in number of EV motorcycles startups is playing a vital role in shaping the industrial landscape. Moreover, the presence of several market players such as Honda, Ola Electric, Ultraviolette and some others is driving the growth of the electric motorcycle market in this region.

• In January 2025, Honda announced to open a new electric motorcycle plant in India by 2028. This new production facility will be inaugurated to increase the manufacturing output of electric bikes in India. (Source: Autocar Professional)

Europe is expected to rise with a significant CAGR during the forecast period. The rising demand for electric superbikes in several countries such as France, Germany, UK and some others has driven the industrial growth. Also, rapid investment by government for strengthening the EV charging infrastructure along with increasing awareness for adopting eco-friendly two-wheelers is contributing to the overall industrial growth. Moreover, the presence of several electric motorcycle companies such as KTM, Energica, Riese & Müller is expected to foster the growth of the electric motorcycle market in this region.

• In June 2025, the government of UK announced to invest around 4 billion euros. This investment is done for strengthening the EV charging infrastructure across this nation. (Source: GOV.UK)

Industry Leader Announcement

• In June 2025, Niraj Rajmohan, the CTO & Co-founder of Ultraviolette made an announcement stating that,” This isn’t just the introduction of motorcycles into new markets, it’s the global unveiling of years of relentless research, engineering, and innovation, born in India. We set out with a bold ambition to build the most advanced electric motorcycle in the world. Today, we are delivering that vision to international customers. The F77 is the result of deep in-house R&D, rigorous testing, and an unwavering commitment to pushing the boundaries of performance, innovation, safety, and design. For India, this milestone represents not just our ability to participate in the global EV transition, but to lead it with technology that competes at the highest level.”

Competitive Landscape

The electric motorcycle market is a rapidly developing industry with the presence of several dominating players. Some of the prominent companies in this industry consists of Zero Motorcycles, Inc.; CAKE; SUR-RON USA; Harley-Davidson, Inc.; Honda Motor Co., Ltd.; Maeving; Energica Motor Company S.p.A.; Electric Motion; KTM Sport Motorcycle GmbH; Fonz Moto Pty Limited and some others. These companies are constantly engaged in developing electric motorcycles and adopting numerous strategies such as joint ventures, partnerships, collaborations, launches, acquisitions, and some others to maintain their dominance in this industry.

• In November 2024, Zero Motorcycles launched Zero XE and XB in the U.S. These motorcycles are designed for off-roading activities. (Source: Electrify News)

• According to the annual report of Harley Davidson, the U.S. region generated around 81% revenue of the company followed by other regions. (Source: Cloudfront)

Recent Developments

• In May 2025, Oben Electric announced to launch a new range of electric motorcycles in India. These motorcycles are designed to compete with the 100 cc bikes of India. (Source: NDTV)
• In February 2025, Ola launched Roadster X in India. Roadster X is an electric motorcycle equipped with alloy wheels, disc brakes, telescopic forks, a monoshock at the rear, and a digital instrument cluster. (Source: Financial Express)
• In February 2025, Revolt launched BlazeX. BlazeX is an electric motorcycle that comes with a 3.24 kWh battery pack expected to deliver a range of around 150 kms on full charge.(Source: NDTV)

Electric Motorcycle Market Segments

By Belt Type

• Belt Drive
• Chain Drive
• Hub Motor

By Battery Type

• Lithium-ion
• Lead Acid
• Others

By End-Use

• Personal
• Commercial

By Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific
• The Middle East and Africa