200 million electric motorcycles by 2016

If you’ve been reading Hell For Leather for a while, you’re aware that electric motorcycles are advancing in performance, affordability and sales at an incredible rate, but even we had no idea they could experience the kind of near-term success predicted by this report. Pike Research, a Colorado-based cleantech market research firm, predicts that 466 million electric powered two-wheelers will be sold worldwide between 2010 and 2016. 56 percent of that market will be composed of electric bicycles, 43 percent by electric motorcycles and only one percent is predicted to be electric scooters. China is expected to consume 95 percent of all electric two-wheelers produced between now and 2016. Still, North America is expected to be consuming one million electric two-wheelers a year by 2016. See, you should be excited about electric motorcycles.
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