Notes from New AutoMotive
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Is the electric motorcycle market about to take off?
Although companies like Zero are still going, and indeed carving out a sizable niche in the realm of EV motorcycles, there are around 1.2 million motorcycles on our roads, and as of the end of 2020, just 0.4% of them were electric.
This could lead one to the conclusion that electric motorcycles are a failure, a niche toy. But don’t be mistaken, the motorcycle market saw its highest electric market share last month.