Electric Scooters and Motorcycles to Accelerate a New Culture for Integrated and Eco-friendly Mobility, Avers Frost & Sullivan

LONDON, March 31 /PRNewswire/ -- Electric scooters and motorcycles offer smart, eco-friendly and accessible mobility options for urban transportation.  Thanks to a rapidly developing re-charging infrastructure and innovative design, they have the potential to meet consumer demand and pave the way for innovative micro mobility solutions in Europe's developing mega cities.

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New analysis from Frost & Sullivan (http://www.automotive.frost.com), 360 Degree Analysis of the European Electric Scooters and Motorcycles Market, finds that consumer interests and technology significantly drive the market.

"Government incentives and infrastructure support, simple designs for personal transportation, an aging population, and an evolving environmental ethic will drive the European electric scooter and motorcycles market," says Frost & Sullivan Research Analyst Sandeep Chandrasekaran. "Changing mobility patterns, decongestion of cities, a shift towards eco-friendly transportation, development of mega cities, and integrated mobility will also spur growth in this market."

However, electric scooters and motorcycles require greater investment and involve higher running costs than gas-powered two-wheelers. This is a concern for the consumer in terms of cost of ownership. Additionally, imports of low-quality inexpensive electric scooters from Asian markets, compete with high quality reliable electric scooters and motorcycles, vehicle manufacturers are looking to offer to European consumers. Vehicle manufacturers, suppliers and other stakeholders in the industry should look to work together towards standardising motor and battery technologies to make electric scooters and motorcycles more affordable.

"The cost competitiveness of pedelecs (electric bikes) and powered two-wheelers influences consumer purchasing decision," explains Frost & Sullivan Global Program Manager Krishnasami Rajagopalan. "To rival low quality cheap products, vehicle manufacturers should look at product differentiation by offering consumers electric scooters and motorcycles with advanced reliable technology and higher autonomy."

Technology should be standardised through a unified approach between battery suppliers, infrastructure providers and vehicle manufacturers. The government should look at promoting electric scooters and motorcycles with incentives or subsidies while vehicle manufacturers should consider new business models, such as battery leasing, to bring down initial purchase costs and battery maintenance/replacement costs for consumers.  "There is a burgeoning demand for integrated mobility and first/last mile connectivity solutions in developing urban cities and pedelecs offer an ideal solution for sustainable, eco-friendly mobility of the future," concludes Rajagopalan.

If you are interested in more information on this study, please e-mail Monika Kwiecinska, Corporate Communications, at [email protected], with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country.

360 Degree Analysis of the European Electric Scooters and Motorcycles Market is part of the Automotive & Transportation Growth Partnership Services programme, which also includes research in the following markets: Strategic Analysis of Electric Vehicles Infrastructure in Europe and Revenue Generation Opportunities for Utilities and 360 Degree Analysis of Global Electric Vehicles Market. All research services included in subscriptions provide detailed market opportunities and industry trends that has been evaluated following extensive interviews with market participants.

Electric Vehicles Unplugged 2010: taking place at the House of Lords and at the Society of Motor Manufacturers & Traders in London on June 22 - 23, will bring together key decision makers including Government, OEMs, Supplier Infrastructure companies and Major Fleet Managers, to provide insights into the structure of new business models and their implications for industry stakeholders. This unique workshop will also allow attendees to understand the position that key industry players are taking towards infrastructure and to debate the pros and cons of different solutions in development across Europe. If you are interested in joining us at this event, whether as a sponsor or an attendee, please contact Monika Kwiecinska, Corporate Communications for Frost & Sullivan in Europe, at [email protected]. For more information you can also visit http://www.frost.com/evw09

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

360 Degree Analysis of the European Electric Scooters and Motorcycles Market

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SOURCE Frost & Sullivan

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