China Electric Two-Wheeler Market Overview, 2029

China's electric two-wheeler market is a global leader. This electrifying landscape is distinguished by several key features and trends. E-scooters dominate the market, accounting for the vast majority of sales due to their low cost and mobility, which are especially popular in densely crowded cities. However, there has been a clear shift in recent years toward high-performance e-bikes that provide longer range and faster speeds, appealing to consumers' changing wants and tastes. Chinese manufacturers have carefully positioned themselves by emphasising price, practicality, and creative features like swappable batteries, which increase the vehicle's range and address the issue of range anxiety. Cultural and key drivers have a significant impact on market dynamics. Growing environmental concerns have led to an increase in demand for eco-friendly transportation options, which line with global sustainability goals. Furthermore, government incentives such as subsidies and tax breaks play an important part in pushing the rise of electric two-wheelers, making them more financially appealing to consumers. Urbanisation and rising disposable incomes fuel the desire for efficient and cost-effective transportation options in cities, where traffic congestion remains a persistent issue. Price segmentation is an important feature of the e-bike market, which caters to a wide variety of consumers with varied price constraints. The market provides a diverse selection of solutions for budget-conscious buyers, as well as premium ones with advanced features and extended battery life. Despite the presence of premium models, e-bikes have a lower average selling price (ASP) than equivalent gasoline models, making them an appealing option for budget-conscious buyers. Segmentation techniques based on feature and battery range improve the market's accessibility and appeal to different consumer segments.


According to the research report “China Electric Two Wheeler Market Overview, 2029," published by Bonafide Research, the China Electric Two Wheeler Market is growing at a CAGR of more than 9% from 2024 to 2029. Despite the market's optimistic trend, riders face numerous difficulties that must be solved. Limited charging infrastructure, particularly outside of major metropolitan centres, creates a substantial barrier to long-distance travel, reducing the overall viability and adoption of electric two-wheelers. Furthermore, battery performance limits, such as range anxiety and long charging periods, continue to be significant challenges for manufacturers and legislators to solve in order to improve the entire user experience and address customer concerns. Furthermore, traffic congestion in many Chinese cities heightens the need for effective and environmentally friendly transportation options. The legislative and regulatory framework significantly influence the development and extension of China's electric two-wheeler sector. Strict certification and safety rules maintain product quality and rider safety, boosting consumer trust in electric vehicles. Furthermore, the government's proactive approach to boosting electric vehicle adoption through subsidies and infrastructure development demonstrates its commitment to transitioning to a more sustainable transportation ecosystem. Furthermore, restrictions on gasoline two-wheelers in some places have accelerated the transition to electric choices, creating a favourable climate for industry growth and innovation.

The electric two-wheeler market encompasses various segments based on different criteria such as vehicle type, battery type, motor power, and usage. Firstly, the market is divided by vehicle type, with electric motorcycles and electric scooters being the primary categories. Electric motorcycles, powered by electric motors and batteries, offer zero-emission transportation with lower operating costs and improved performance thanks to advancements in battery technology. Electric scooters, similarly powered by electric motors and rechargeable batteries, cater to short-distance commuting and urban transportation needs, offering convenience and eco-friendliness. Secondly, segmentation by battery type distinguishes between sealed lead-acid (SLA) and lithium-ion batteries. SLA batteries, known for their maintenance-free operation and suitability in environments with limited ventilation, find applications across various electric vehicles, including two-wheelers. On the other hand, lithium-ion batteries, characterised by their high energy density, are favoured for their lighter weight and enhanced storage capacity, making them ideal for electric motorcycles and scooters seeking improved performance and range.


Further segmentation based on motor power includes 48V, 60V, and 72V systems, each offering distinct performance characteristics. The 48V segment typically caters to lower power ranges, balancing performance with cost-effectiveness. Meanwhile, the 60V segment strikes a balance between power output and battery capacity, suitable for various electric motorcycles and scooters. The 72V segment targets higher performance and longer range, appealing to consumers seeking enhanced capabilities for their electric two-wheelers. Additionally, there exists an "Others Motor Powers" segment encompassing electric vehicles with motor powers outside the specified categories, providing further diversity in the market. Lastly, segmentation by usage separates electric two-wheelers into commercial and private categories. Commercial electric vehicles are optimised for business-related activities such as delivery services and last-mile transportation, prioritising factors like range, durability, and carrying capacity to meet the demands of commercial users. In contrast, private electric two-wheelers target individual consumers for personal commuting, recreation, or general transportation purposes, offering flexibility and convenience for private use.


The increased demand for premium e-bikes has emerged as a significant business potential, driven by enthusiasts looking for faster speeds and longer range. This spike in demand is accompanied by major technological breakthroughs, particularly in battery technology, aimed at alleviating users' range concern. Innovations in battery capabilities have helped to improve the overall performance and appeal of e-bikes, fostering industry growth. Furthermore, trade exhibitions and government initiatives play an important role in stimulating innovation and broadening the market landscape by providing forums for industry players to showcase their latest goods and facilitating collaboration toward long-term success. Recent innovations in the e-bike market have focused on high-speed bikes with higher power and range, demonstrating continued efforts to improve performance and meet changing consumer tastes. Furthermore, investments in battery swapping infrastructure have gained traction as a way to provide faster charging solutions while also solving logistical problems connected with battery recharging. Furthermore, mergers and acquisitions within the industry have occurred, as companies seek to consolidate market share and exploit synergies to strengthen their competitive positions. These industry trends highlight the e-bike market's dynamic nature, as well as industry players' collaborative efforts to fuel innovation and growth.




China is an important player in the global supply chain since it produces critical battery ingredients such as lithium. Its rich resources and strong production capabilities offer a dependable supply chain for businesses that rely on these materials, including electric vehicles and consumer electronics. China's dominance in raw material manufacturing gives it a competitive advantage, allowing it to influence global markets and promote innovation in other industries. However, worries about environmental sustainability and geopolitical tensions have driven several countries to seek alternate sources and diversify their supply chains in order to lessen reliance on China. The COVID-19 pandemic had a significant influence on the retail industry, producing temporary disruptions in supply chains and consumer behaviour. To combat the virus's transmission, lockdowns and social distancing measures were undertaken, resulting in store closures and decreased foot traffic at physical retail stores. However, as people sought personal transportation alternatives to overcrowded public transportation, demand for vehicles increased, propelling sales in the automotive industry. E-commerce platforms also saw an increase in demand as consumers shifted to online purchasing for both essential and non-essential items. Despite the initial problems, the market quickly recovered as businesses adjusted to the new normal and implemented safety precautions to guarantee operations continued.This resiliency proved the retail sector's flexibility and adaptation in the face of unprecedented obstacles.

Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• Electric Two-Wheeler market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Vehicle Type
• Electric Motorcycle
• Electric Scooter

By Battery
• Sealed Lead Acid (SLA)
• Lithium-Ion

By Motor Power
• 48 V
• 60 V
• 72 V
• Others

By Usage
• Commercial
• Private

The approach of the report:
This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Electric Two-Wheeler industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.