Alternative Profits Blog
Electric Scooter - Opportunities, Trends and Challenges
DefinitionElectric scooters are scooters that use electricity and electric motors (instead of gasoline) to attain locomotion.
Market Need
Need for personal transportation vehicles that are more energy efficient and less polluting than currently used vehicles.
Trends
• In India alone, it is estimated that 1.2 lakh e-scooters were sold in 2008.
• Taiwan announced it will subsidise the purchase of electric scooters starting in November 2009, in a bid to boost domestic production and sales of the eco-friendly transport vehicle. Taiwan expects to subsidise 20,000 vehicles by November 2010, rising to 160,000 vehicles by 2012.
• Battery manufacturers have begun working on products tailor-made for the nascent electric scooter segment. There is significant interest in developing batteries for electric two-wheelers, as this sector is expected to take off in a few years in many countries worldwide
posted by Ecacofonix at
8:50 AM
Monday, September 7, 2009
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