The electric motobike market in Italy

According to the Highway Code, electric bicycle or pedal-assisted bicycle is defined as"Velocipede equipped with an auxiliary electric motor with a maximum continuous rated power of 0.25 kilowatts whose power supply is gradually reduced and finally cut off when the vehicle reaches a speed of

The electric car market is the automotive sector that includes vehicles powered by electric motors and rechargeable batteries. These vehicles provide an environmentally friendly alternative to traditional internal combustion vehicles.

The global electric scooter market has been experiencing significant growth in recent years, with a valuation of $19.6 billion in 2021 and an expected increase to $29.9 billion by 2028, projecting a compound annual growth rate (CAGR) of 7.3% during the forecast period. The COVID-19 pandemic led to a surge in the popularity of electric scooters as an alternative to public transport, with a 70% increase in trips reported by scooter company Bird, attributed to the altered mobility needs during the pandemic. In Italy, particularly, the market has been influenced by the 2020 mobility bonus, providing a 60% subsidy on expenditures for electric scooters, which has bolstered consumer purchases. This, coupled with efforts to reduce urban pollution and improve sustainability, has driven the market's expansion. Sales prices, however, have seen a steep rise of 65% since the previous year, which could affect the market dynamics moving forward. Analysis of the Italian Electric Scooter Market Demand