Summary

The global electric vehicles market is projected to grow from USD 416.0 Million in 2024 to USD 1,201.2 Million by 2030, registering a CAGR of 19.3%. Electric scooter motor market is on a high growth rate driven by a number of factors. The growing market of electric two-wheelers as an environment-friendly and cost-effective mode of transport is the major factor boosting the demand for these motors. Moreover, innovations in motor technology, including the enhancements of efficiency and power output are increasing the attractiveness of scooters among potential consumers. Government interventions in form of incentives and policies promoting electric vehicles are also impacting the growth of the market positively. In addition, the increased urbanization have made it necessary to seek for more efficient and environmentally friendly means of transport hence raising the need of electric scooter motors.

“Sustainable and convenient alternative to traditional gasoline-powered vehicles”
Electric scooters and mopeds are becoming popular in the urban mobility category as an environmentally-friendly and easy way of travel as compared to gasoline-fueled vehicles. These fast two wheeled machines are enhanced with electric motors meaning that they do not use gas hence reducing harmful gases emissions making them eco friendly means of transport for city residents. Yadea (China), NIU (China), Jiangsu Xinri Electric Vehicle Co., Ltd. (China), Ola Electric (India), Hero Electric (India); Gogoro (Taiwan), Okinawa (Japan), Silence (Spain), GOVECS (Germany), and Askoll (Italy) are the global key players of the interest segment. Each of these enterprises has introduced a range of models of electric scooters/mopeds so as to satisfy the various needs that may exist in the market. In February 2024, Ola Electric launched a new scooter, the Ola 51X (4kWh), in India. The scooter, equipped with a 6 kW motor, offers a driving range of 190 km on a single charge. In January 2023, the company launched Voltguard, an electric scooter powered by an ATL lithium battery pack (72 V 27 Ah*2). The increasing rate of urbanization, the presence of market leaders, highly energy-efficient commuting, and reduced costs of electric mopeds are contributing to the growth of the segment in the region. Renowned e-scooter/moped manufacturers like Yadea, NIU, Jiangsu Xinri, Luyuan, Hero Electric, Gogoro, Vmoto and Okinawa are focused on expanding their market presence globally. in September 2023, Vmoto Limited signed a construction agreement to build 32,8562 manufacturing facilities (Stage 2 Manufacturing Facilities) at its recently acquired industrial land in the Lishui Economic Development Zone in Nanjing, China. In March 2023, Hero Electric announced plans to increase its production capacity to 5 lakh units and to meet market demand in the next two to three years with a new facility in Rajasthan, India. The company also plans to set up a greenfield plant in Rajasthan with an annual production capacity of 20 lakh units.


“Demand for higher performance models to support market growth”
The output power of the motors used in medium power electric scooters is between 1.5 kW and 3 kW. This power range is adequate, as it neither compromises performance nor conserves too much energy. This therefore allows more capacity for the users without economic strain. Scooters fitted with these motors are efficient enough to traverse both urban landscape and the inter-suburban roads enabling the users to conduct their normal activities without worrying about the means of transport. Motor manufacturers, which produce electric scooter motors rated 1.5-3 kW such as Robert Bosch GmbH (Germany), QS Motor Ltd (China) and others. Vmoto (Australia) features the F01 which is a 2.4 kW electric motor power. It comes in two forms the L1 that has kW engine power of 2.0 and the L3 type having 3.5 kW engine power. Gogoro (Taiwan) offers the Gogoro CrossOver GX250 electric scooter with a 2.5 kW direct drive motor that can reach a speed of over 60 kmph and has a range of 111 km. In April 2024, Ola Electric (India) launched the S1 X range of scooters with a motor power of 2.7 kW. Moreover, Greaves Electric Mobility Private Limited (India), Yadea Technology Group Co., Ltd. (China), and Niu International (China) have on offer 2.1 kW powered Ampere Magnus EX, 2.0 kW powered Yadea E8S and 3.5 kW powered NQIGT S, respectively. Electric scooter motors rated between 1.5 kWh and 3 kWh provide a reasonable compromise of price, performance and range which makes them appealing to those living in the cities and the urban outskirts who are practical and somewhat active.









“High efficiency and torque to drive market”
PMSM comprises a permanent magnet as a rotor and a stator with a coil wound. The working principle of PMSM is the same as that of a synchronous motor: when stator windings are energized, a rotating magnetic field is produced, and the created rotor is affected by this force and starts rotating at synchronous speed. PMSM has a greater power density enabling reduction in motor size. Moreover, PMSMs afford best control and stability which makes them highly appropriate in urban commuting scenarios, where accurate control is of the essence. As well as automotive, Linear Labs (USA) and Enedym (Canada) are OEMs engaged in research, designing and manufacturing highly efficient electric motors for various sectors. The HET Light Series is a series of electric motors developed by Linear Labs that is intended to offer lightweight and high-performance motor drive systems for light electric vehicles (LEVs), autonomous robots, light electric motorcycles, recreational vehicles, golf carts, mopeds, e-bikes, e-scooters, as well as industrial uses. The presence of electric scooter and motorcycle manufacturers in the region, such as Damon Motors (Canada), Harley Davidson (US), Lightning Motorcycles (US), and Z Electric Vehicle (ZEV) (US) are also supporting the growth of PMSM segment of the electric scooter motor market.

“Increasing production of vehicles with in-wheel electric motors to drive market”
A hub motor is an electric motor mounted on the wheel that generates power for the wheels directly. It is used in electric two-wheelers, such as electric scooters and motorcycles. Hub motors share the vehicle strain between the front and rear wheels. They eliminate the need for transmission, as they are compact enough to be integrated into the wheel hub, which it powers directly. QS Motor (China), Schaeffler Technologies (Germany), Elaphe LTD (Slovenia), Michelin (France), Jiashan Neopower International Trade (China), Robert Bosch GmbH (Germany), Accell Group N.V. (Netherlands), Cutler MAC (Shanghai) Brushless Motor Co. Ltd (China), Heinzmann GmbH & Co. KG: (Germany), and NIDEC CORPORATION (Japan) are some of the leading suppliers of hub motors to electric two-wheeler manufacturers. These companies are expanding the manufacturing of hub motors to cater to the market demand. In September 2023, September 2023, NIDEC CORPORATION (Japan), a subsidiary of NIDEC Industrial Automation India Private Limited, integrated a new factory campus in Karnataka, India. The campus manufactured a wide range of motors, generators, drives, and system solutions. Automotive OEMs are also venturing into new models that incorporate hub motors. Bajaj (India) intends to launch an upgraded version of its scooter Bajaj Chetak with a bigger battery, which will comprise an economical version as well with a wheel hub motor.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
• By Company Type: OEMs – 35%, Tier I – 25%, Tier II– 40%,
• By Designation: CXOs – 25%, Managers– 30%, Executives– 45%
• By Region: North America– 15%, Europe – 20%, Asia Pacific– 65%
The electric scooter motor market is dominated by global players such as Robert Bosch GmbH (Germany), QS Motor Ltd (China), Lucas TVS Limited (India), Ola Electric Mobility Pvt. Ltd. (India), and MAHLE GmbH (Germany). These companies develop and manufacture new electric scooter motor for e2w market. For instance, in November 2023, Bosch, at EICMA 2023 in Milan, launched an integrated 6 kW electric motor to enable manufacturers to electrify two-wheeler segments. The production will start in 2025. Additionally, in July 2023, SiAecosys launched Hairpin Motor SIA155-48 5000W 18KW, with a power of 5 kW for electric motorcycles and ATVs.

Research Coverage:
The market study covers the electric scooter motor market size and future growth potential across different segments by component, vehicle type, motor power, motor type, positioning, drive type and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of the Report
• The report will help market leaders/new entrants in this market with information on the closest approximations of revenue numbers for the overall electric scooter motor market and its subsegments.
• This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.
• The report also helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of key drivers (increasing sales of electric scooters and motorcycles, advancements in motor technology), restraints (volatile supply chain, limited range of electric scooters and motorcycles), opportunities (developing high-performance motors for sports and premium electric two-wheelers, advancements in thermal management system for motors), and challenges (low efficiency of electric hub motors, increase in consumer prices for electric two-wheelers)

• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the electric scooter motor market

• Market Development: Comprehensive information about lucrative markets – the report analyses the electric scooter motor market across varied regions.

• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the electric scooter motor market

• Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Robert Bosch GmbH (Germany), QS Motor Ltd (China), Lucas TVS Limited (India), Ola Electric Mobility Pvt. Ltd. (India), MAHLE GmbH (Germany), and among others in the electric scooter motor market.
• Strategies: The report also helps stakeholders understand the pulse of the electric scooter motor market and provides them information on key market drivers, restraints, challenges, and opportunities.

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Table of Contents

1 INTRODUCTION 26
1.1 STUDY OBJECTIVES 26
1.2 MARKET DEFINITION 26
1.2.1 INCLUSIONS AND EXCLUSIONS 29
1.3 STUDY SCOPE 30
1.3.1 YEARS CONSIDERED 30
1.4 CURRENCY CONSIDERED 31
1.5 UNITS CONSIDERED 31
1.6 STAKEHOLDERS 31
2 RESEARCH METHODOLOGY 32
2.1 RESEARCH DATA 32
2.1.1 SECONDARY DATA 33
2.1.1.1 Key data from secondary sources 34
2.1.1.2 List of secondary sources 34
2.1.2 PRIMARY DATA 35
2.1.2.1 Breakdown of primary interviews 36
2.1.2.2 List of primary interview participants 36
2.2 MARKET SIZE ESTIMATION 37
2.2.1 BOTTOM-UP APPROACH 38
2.2.2 TOP-DOWN APPROACH 38
2.3 DATA TRIANGULATION 41
2.4 FACTOR ANALYSIS 42
2.4.1 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES 43
2.5 RESEARCH ASSUMPTIONS 44
2.6 RESEARCH LIMITATIONS 45
2.7 RISK ASSESSMENT 45
3 EXECUTIVE SUMMARY 47
4 PREMIUM INSIGHTS 51
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ELECTRIC SCOOTER MOTOR MARKET 51
4.2 ELECTRIC SCOOTER MOTOR MARKET, BY REGION 52
4.3 ELECTRIC SCOOTER MOTOR MARKET, BY VEHICLE TYPE 52
4.4 ELECTRIC SCOOTER MOTOR MARKET, BY MOTOR TYPE 53
4.5 ELECTRIC SCOOTER MOTOR MARKET, BY POSITIONING 53
4.6 ELECTRIC SCOOTER MOTOR MARKET, BY MOTOR POWER 54
4.7 ELECTRIC SCOOTER MOTOR MARKET, BY DRIVE TYPE 54
5 MARKET OVERVIEW 55
5.1 INTRODUCTION 55
5.2 MARKET DYNAMICS 55
5.2.1 DRIVERS 56
5.2.1.1 Increasing sales of electric scooters and motorcycles 56
5.2.1.2 Advancements in motor technology 56
5.2.2 RESTRAINTS 57
5.2.2.1 Volatile supply chain 57
5.2.2.2 Limited range of electric scooters and motorcycles 57
5.2.3 OPPORTUNITIES 58
5.2.3.1 Developing high-performance motors for sports and premium electric two-wheelers 58
5.2.3.2 Advancement of thermal management system for motors 59
5.2.4 CHALLENGES 60
5.2.4.1 Low efficiency of electric hub motors 60
5.2.4.2 Increase in consumer prices for electric two-wheelers 61
5.3 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 62
5.4 PRICING ANALYSIS 63
5.4.1 AVERAGE SELLING PRICE OF ELECTRIC SCOOTER MOTORS, BY VEHICLE TYPE 63
5.4.2 AVERAGE SELLING PRICE OF ELECTRIC SCOOTER MOTORS, BY REGION 63
5.5 ECOSYSTEM ANALYSIS 64
5.5.1 RAW MATERIAL PROVIDERS 64
5.5.2 ELECTRIC SCOOTER MOTOR MANUFACTURERS 64
5.5.3 OEMS 64
5.6 SUPPLY CHAIN ANALYSIS 66
5.7 KEY STAKEHOLDERS AND BUYING CRITERIA 67
5.7.1 KEY STAKEHOLDERS IN BUYING PROCESS 67
5.7.2 BUYING CRITERIA 68
5.8 IMPACT OF AI/GENERATIVE AI 69
5.8.1 IMPACT OF AI/GENERATIVE AI ON ELECTRIC SCOOTER MOTOR MARKET 69
5.9 KEY CONFERENCES AND EVENTS IN 2024-2025 70
5.10 TECHNOLOGY ANALYSIS 70
5.10.1 KEY TECHNOLOGIES 70
5.10.1.1 Integrated motors with BMS and controller 70
5.10.2 COMPLEMENTARY TECHNOLOGIES 71
5.10.2.1 Vehicle control unit in electric motors 71
5.10.3 ADJACENT TECHNOLOGIES 72
5.10.3.1 Advancement in battery technologies impacting design and performance of electric scooter motors 72
5.10.3.2 Sensor technology 72
5.11 INVESTMENT AND FUNDING SCENARIO 73
5.12 PATENT ANALYSIS 74
5.13 TRADE ANALYSIS 79
5.14 CASE STUDY ANALYSIS 80
5.14.1 INTEGRATION OF ELECTRIC SCOOTER WITH MOBILE APP 80
5.14.2 HERO ELECTRIC PARTNERED WITH EBIKEGO TO TRANSFORM LAST-MILE DELIVERIES 80
5.14.3 ZYPP ELECTRIC TO USE HERO ELECTRIC BIKES TO ELECTRIFY 100% LAST-MILE DELIVERY BY 2025 81
5.15 REGULATORY LANDSCAPE 81
5.15.1 INDIA 81
5.15.2 THAILAND 84
5.15.3 VIETNAM 84
5.15.4 LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 85
6 ELECTRIC SCOOTER MOTOR MARKET, BY VEHICLE TYPE 88
6.1 INTRODUCTION 89
6.1.1 OPERATIONAL DATA 91
6.2 E-SCOOTER/MOPED 92
6.2.1 SUSTAINABLE AND CONVENIENT ALTERNATIVE TO TRADITIONAL GASOLINE-POWERED VEHICLES 92
6.3 E-MOTORCYCLE 94
6.3.1 LOWER OPERATING COSTS AND REDUCED MAINTENANCE REQUIREMENTS TO DRIVE MARKET 94
6.4 KEY PRIMARY INSIGHTS 96
7 ELECTRIC SCOOTER MOTOR MARKET, BY COMPONENT 97
7.1 INTRODUCTION 97
7.2 ROTOR 97
7.3 STATOR 98
7.4 SHAFT 98
7.5 OTHERS 98
8 ELECTRIC SCOOTER MOTOR MARKET, BY DRIVE TYPE 99
8.1 INTRODUCTION 100
8.1.1 OPERATIONAL DATA 102
8.2 CHAIN DRIVE 103
8.2.1 ROBUST PERFORMANCE AND HIGHER TORQUE TO DRIVE MARKET 103
8.3 BELT DRIVE 104
8.3.1 LOW MAINTENANCE AND DURABILITY TO SUPPORT MARKET GROWTH 104
8.4 KEY PRIMARY INSIGHTS 106
 
9 ELECTRIC SCOOTER MOTOR MARKET, BY MOTOR POWER 107
9.1 INTRODUCTION 108
9.1.1 OPERATIONAL DATA 110
9.2 LESS THAN 1.5 KW 112
9.2.1 GROWING DEMAND FOR LOW-POWERED AND LIGHTWEIGHT MODELS TO DRIVE MARKET 112
9.3 1.5–3 KW 113
9.3.1 DEMAND FOR HIGHER PERFORMANCE MODELS TO SUPPORT MARKET GROWTH 113
9.4 ABOVE 3 KW 115
9.4.1 INCREASING DEMAND FOR HIGH ACCELERATION VEHICLES TO DRIVE MARKET 115
9.5 KEY PRIMARY INSIGHTS 117
10 ELECTRIC SCOOTER MOTOR MARKET, BY MOTOR TYPE 118
10.1 INTRODUCTION 119
10.1.1 OPERATIONAL DATA 120
10.2 PERMANENT MAGNET SYNCHRONOUS MOTOR (PMSM) 121
10.2.1 HIGH EFFICIENCY AND TORQUE TO DRIVE MARKET 121
10.3 BRUSHLESS DIRECT CURRENT (BLDC) 123
10.3.1 LOW MAINTENANCE COST TO DRIVE MARKET 123
10.4 KEY PRIMARY INSIGHTS 125
11 ELECTRIC SCOOTER MOTOR MARKET, BY POSITIONING 126
11.1 INTRODUCTION 127
11.1.1 OPERATIONAL DATA 129
11.2 MID-DRIVE MOTOR 130
11.2.1 HIGH TORQUE ADVANTAGE TO DRIVE MARKET 130
11.3 HUB MOTOR 131
11.3.1 INCREASING PRODUCTION OF VEHICLES WITH IN-WHEEL ELECTRIC MOTORS TO DRIVE MARKET 131
11.4 KEY PRIMARY INSIGHTS 133
12 ELECTRIC SCOOTER MOTOR MARKET, BY REGION 134
12.1 INTRODUCTION 135
12.2 ASIA PACIFIC 137
12.2.1 MACROECONOMIC OUTLOOK 137
12.2.2 CHINA 142
12.2.2.1 Presence of key e-scooter manufacturers to support market growth 142
12.2.3 JAPAN 144
12.2.3.1 Development of advanced electric motors to drive market 144
12.2.4 INDIA 145
12.2.4.1 Expansion of manufacturing facilities to boost market 145
12.2.5 SOUTH KOREA 147
12.2.5.1 New vehicle models by domestic manufacturers with different motor specifications to support market growth 147
12.2.6 TAIWAN 148
12.2.6.1 In-house manufacturing of electric motors to drive market 148
12.2.7 THAILAND 149
12.2.7.1 In-house innovation to drive growth 149
12.2.8 INDONESIA 151
12.2.8.1 Government support for electrification of two-wheelers to boost market 151
12.2.9 MALAYSIA 152
12.2.9.1 Government support in adoption of electric two-wheelers to drive growth 152
12.2.10 PHILIPPINES 154
12.2.10.1 Growing EV ecosystem to drive growth 154
12.2.11 VIETNAM 155
12.2.11.1 Partnership of OEMs with key electric two-wheeler manufacturers to drive market 155
12.3 EUROPE 157
12.3.1 MACROECONOMIC OUTLOOK 157
12.3.2 FRANCE 163
12.3.2.1 Government incentives for electric vehicles to drive market 163
12.3.3 GERMANY 164
12.3.3.1 Product launches by local players to drive market 164
12.3.4 SPAIN 165
12.3.4.1 Presence of key electric scooter and motorcycle manufacturers to drive market 165
12.3.5 AUSTRIA 167
12.3.5.1 Introduction of new electric two-wheeler models with various motor specifications to drive market 167
12.3.6 UK 168
12.3.6.1 Availability of various electric motor models for electric two-wheelers to drive market 168
12.3.7 ITALY 170
12.3.7.1 Increasing presence of key electric two-wheeler manufacturers to drive growth 170
12.3.8 BELGIUM 171
12.3.8.1 Strong government support to promote electric two-wheelers to drive growth 171
12.3.9 NETHERLANDS 173
12.3.9.1 Robust EV ecosystem and commitment to sustainable urban mobility to drive market 173
 
12.3.10 POLAND 174
12.3.10.1 Increase in green commuting to drive market 174
12.3.11 DENMARK 175
12.3.11.1 Innovation culture and strong R&D to drive growth 175
12.4 NORTH AMERICA 177
12.4.1 MACROECONOMIC OUTLOOK 177
12.4.2 US 182
12.4.2.1 Key market players offering vehicles with advanced electric motors to drive market 182
12.4.3 CANADA 183
12.4.3.1 Advancement in motor technologies to drive market 183
13 COMPETITIVE LANDSCAPE 185
13.1 OVERVIEW 185
13.2 MARKET SHARE ANALYSIS, 2023 185
13.3 REVENUE ANALYSIS, 2019–2023 187
13.4 COMPANY VALUATION AND FINANCIAL METRICS 188
13.4.1 COMPANY VALUATION 188
13.4.2 FINANCIAL METRICS 188
13.5 BRAND/PRODUCT COMPARISON 189
13.6 COMPETITIVE SCENARIO 191
13.6.1 PRODUCT LAUNCHES AND DEVELOPMENTS 191
13.6.2 DEALS 192
13.6.3 EXPANSIONS 192
13.6.4 OTHERS 194
13.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 195
13.7.1 STARS 195
13.7.2 EMERGING LEADERS 195
13.7.3 PERVASIVE PLAYERS 195
13.7.4 PARTICIPANTS 195
13.7.5 COMPANY FOOTPRINT 197
13.8 ELECTRIC SCOOTER MOTOR MARKET: STARTUP/SME EVALUATION MATRIX, 2023 199
13.8.1 PROGRESSIVE COMPANIES 199
13.8.2 RESPONSIVE COMPANIES 199
13.8.3 DYNAMIC COMPANIES 199
13.8.4 STARTING BLOCKS 199
13.8.5 COMPETITIVE BENCHMARKING 201
 
14 COMPANY PROFILES 202
14.1 KEY PLAYERS 202
14.1.1 ROBERT BOSCH GMBH 202
14.1.1.1 Business overview 202
14.1.1.2 Products offered 203
14.1.1.3 Recent developments 204
14.1.1.4 MnM view 205
14.1.1.4.1 Key strengths 205
14.1.1.4.2 Strategic choices 205
14.1.1.4.3 Weaknesses and competitive threats 205
14.1.2 QS MOTOR LTD 206
14.1.2.1 Business overview 206
14.1.2.2 Products offered 206
14.1.2.3 Recent developments 207
14.1.2.4 MnM view 207
14.1.2.4.1 Key strengths 207
14.1.2.4.2 Strategic choices 207
14.1.2.4.3 Weaknesses and competitive threats 207
14.1.3 LUCAS TVS LIMITED 208
14.1.3.1 Business overview 208
14.1.3.2 Products offered 208
14.1.3.3 Recent developments 209
14.1.3.4 MnM view 209
14.1.3.4.1 Key strengths 209
14.1.3.4.2 Strategic choices 209
14.1.3.4.3 Weaknesses and competitive threats 209
14.1.4 OLA ELECTRIC MOBILITY PVT. LTD. 210
14.1.4.1 Business overview 210
14.1.4.2 Products offered 211
14.1.4.3 Recent developments 211
14.1.4.4 MnM view 211
14.1.4.4.1 Key strengths 211
14.1.4.4.2 Strategic choices 211
14.1.4.4.3 Weaknesses and competitive threats 212
14.1.5 MAHLE GMBH 213
14.1.5.1 Business overview 213
14.1.5.2 Products offered 214
14.1.5.3 Recent developments 215
14.1.5.4 MnM view 215
14.1.5.4.1 Key strengths 215
14.1.5.4.2 Strategic choices 215
14.1.5.4.3 Weaknesses and competitive threats 216
14.1.6 ATHER ENERGY 217
14.1.6.1 Business overview 217
14.1.6.2 Products offered 217
14.1.7 VITESCO TECHNOLOGIES GMBH 218
14.1.7.1 Business overview 218
14.1.7.2 Products offered 219
14.1.7.3 Recent developments 220
14.1.8 NIDEC CORPORATION 221
14.1.8.1 Business overview 221
14.1.8.2 Products offered 222
14.1.8.3 Recent developments 223
14.1.9 GEM MOTORS D.O.O. 225
14.1.9.1 Business overview 225
14.1.9.2 Products offered 225
14.1.9.3 Recent developments 225
14.1.10 FLASH ELECTRONICS INDIA PVT LTD 227
14.1.10.1 Business overview 227
14.1.10.2 Products offered 227
14.1.10.3 Recent developments 227
14.1.11 SAIETTA ELECTRIC DRIVE 228
14.1.11.1 Business overview 228
14.1.11.2 Products offered 229
14.1.12 EVR MOTORS 230
14.1.12.1 Business overview 230
14.1.12.2 Products offered 230
14.1.12.3 Recent developments 231
14.1.13 VARROC ENGINEERING LIMITED 232
14.1.13.1 Business overview 232
14.1.13.2 Products offered 233
14.2 OTHER KEY PLAYERS 234
14.2.1 FIEM INDUSTRIES LIMITED 234
14.2.2 WEBER DRIVETRAIN 234
14.2.3 LINEAR LABS, INC. 235
14.2.4 ENEDYM 235
14.2.5 TSUYO 236
14.2.6 SEG AUTOMOTIVE 236
14.2.7 PHYSICS MOTORS 237
14.2.8 BROSE FAHRZEUGTEILE SE & CO. 237
14.2.9 PANASONIC HOLDINGS CORPORATION 238
14.2.10 PLUG N RIDE MOTORS PVT. LTD. 238
14.2.11 QUANTEON POWERTRAIN 239
 
14.3 KEY ELECTRIC SCOOTER AND MOTORCYCLE MANUFACTURERS 240
14.3.1 YADEA TECHNOLOGY GROUP CO., LTD. 240
14.3.1.1 Business overview 240
14.3.1.2 Products offered 242
14.3.1.3 Recent developments 244
14.3.2 TVS MOTOR COMPANY 249
14.3.2.1 Business overview 249
14.3.2.2 Products offered 249
14.3.2.3 Recent developments 249
14.3.3 HERO ELECTRIC 251
14.3.3.1 Business overview 251
14.3.3.2 Products offered 251
14.3.3.3 Recent developments 252
14.3.4 GOGORO 255
14.3.4.1 Business overview 255
14.3.4.2 Products offered 256
14.3.4.3 Recent developments 257
14.3.5 VMOTO LIMITED 261
14.3.5.1 Business overview 261
14.3.5.2 Products offered 262
14.3.5.3 Recent developments 263
14.3.6 NIU INTERNATIONAL 266
14.3.6.1 Business overview 266
14.3.6.2 Products offered 268
14.3.6.3 Recent developments 269
15 APPENDIX 270
15.1 KEY INSIGHTS FROM INDUSTRY EXPERTS 270
15.2 DISCUSSION GUIDE 271
15.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 273
15.4 CUSTOMIZATION OPTIONS 275
15.4.1 ELECTRIC SCOOTER MOTOR MARKET, BY POSITIONING AT COUNTRY LEVEL (FOR COUNTRIES COVERED IN REPORT) 275
15.4.2 PROFILING OF ADDITIONAL MARKET PLAYERS (UP TO 5) 275
15.5 RELATED REPORTS 275
15.6 AUTHOR DETAILS 276