The electric two-wheeler market is experiencing significant growth driven by the introduction of affordable new models and rising investments in charging infrastructure. As highlighted by Zion Market Research, the market’s value is expected to grow from USD 529.36 million in 2024 to USD 1,228.93 million by 2034, at a CAGR of 9.81%. This sector’s expansion is supported by technological advancements in battery performance and AI integration, which enhance vehicle range and features. Challenges persist, such as higher initial costs and limited charging networks, yet these are countered by the popularity of electric scooters and increasing demand in densely populated regions like Asia Pacific, leading the way in adopting sustainable mobility solutions.

In other trading, Shenzhen Honor Electronic (SZSE:300870) was a notable mover up 7.4% and closing at CN¥404.00, not far from its 52-week high. At the same time, L&F (KOSE:A066970) trailed, down 6.7% to end the day at ₩195,100.

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Sources:Simply Wall St“$1228.93+ MN Electric Two-wheeler Market Forecasts to 2034: Growing Launch of New & Affordable Electric Two-Wheelers and Rising Investments in Charging Infrastructure” from Zion Market Research on GlobeNewswire (published 29 April 2026)

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