The Chinese electric two-wheeler market is driven by the significant demand for electric two-wheelers over the last few years with the increasing urbanization and increasing disposable income, and congestion in the urban areas of the country.

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Some of the other factors leading to the growth of the market include the increasing demand for electric scooters in the country, favorable government regulations, the presence of a large number of local players and increasing investment on battery technology development.

Of all battery type, sealed lead acid is the most common type of battery used in the electric two-wheelers in China. Comparatively lower price of sealed lead acid battery and their high-power output makes them preferable battery for electric two-wheelers segment.

Based on voltage, the market is segmented into 24V, 36V, 48V, 60V, 72V. Of all, 48V electric two-wheeler holds the largest share in the Chinese electric two-wheeler market, followed by 36V two-wheelers.

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Jiangsu Kingbon Vehicle Co., Ltd, AIMA Technology Group Co. Ltd, Zhejiang Luyuan Electric Vehicle Co., Ltd., Jiangsu Xinri E-Vehicle Co., Ltd. (SUNRA) and Yadea Technology Group are some of the key players operating in the Chinese electric two-wheelers market.

Source: VynZ Research