Join date: Mar 9, 2022

The global electric scooters market size was estimated at USD 19.4 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 7.6% from 2021 to 2028. The increasing demand for fuel-efficient vehicles, coupled with growing concerns over greenhouse gas and carbon emissions, is anticipated to drive the adoption of electric scooters (e-scooters) over the forecast period. The Covid-19 pandemic has affected the overall automotive industry, leading to a subsequent decline in growth of the electric power train market as a result of low automotive sales and new requirements during the first half of 2020.

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