Over the next decade 55 million e-motorbikes and e-scooters are likely to be sold worldwide, predicts a new report.
More people will turn to electric, two-wheel vehicles as fuel prices rise and city streets become more congested, it suggests.
As the epitome of biker cool, Harley Davidson’s new electric entry is also predicted to “spur” sales across North America and Europe.
John Gartner, research director at Navigant Research said: “Although high component costs and sluggish demand currently hamper the sales of electric two-wheel vehicles today, this market is poised for growth as consumer markets continue to expand and new high-profile competitors such as Harley Davidson enter the market.”
The electric bike market remains “heavily concentrated” in China, accounting for 98% of worldwide sales – however growth is expected to occur across many regions, particularly after 2015, finds the report.