2024 Electric Scooter Outlook: Insights for Strategic Decision-Making
The electric scooter market is expanding swiftly, driven by urbanization, environmental concerns, and the need for efficient, eco-friendly transportation solutions.
| Electric Scooter Market Statistics (2024)  | Predictions and Insights  | Source  |
|---|---|---|
| 1. India targets 30% of all vehicle sales to be electric by 2030. | This bold objective is expected to significantly boost the electric scooter market, potentially positioning it as a leading sector in the shift towards sustainable urban transportation. | Contact us to view the source. |
| 2. The US has announced USD 623 million in grants to expand the U.S. electric vehicle charging network. | This major investment is set to speed up the use of electric scooters by enhancing charging infrastructure, making it easier for users, and driving growth in both urban and suburban markets. | Contact us to view the source. |
| 3. The US government has announced USD 50 million to support domestic electric vehicle manufacturing. | This funding is poised to boost the U.S. electric scooter market by ramping up production and sparking new innovations in electric mobility. | Contact us to view the source. |
| 4. The US will invest USD 100 million to help parts manufacturers of electric vehicle production. | This investment is anticipated to boost the electric scooter market’s growth by strengthening the supply chain and promoting the domestic production of key components. | Contact us to view the source. |
Electric Scooter Market – Key Takeaways
As cities around the globe adopt sustainable mobility, the electric scooter market is set to keep evolving, providing smarter and more convenient options for short trips, and helping create greener urban environments.