ELECTRIC SCOOTER MARKET ANALYSIS

Electric Scooter Market, By Battery Type (Lead-based, Li-ion, and NiMH), By Product Type (Standard, Folding, Self-Balancing, Maxi, and Three wheeled), By Voltage (48-59V, 60-72V, 73-96V, and Above 96V), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

In September 2023, Bird, a major player in the electric micro-mobility market, acquired Spin, an electric scooter and e-bike rental company, for USD 19 million. This acquisition reduces competition for Bird and helps maintain its market dominance.
In August 2023, India based electric scooter manufacturer, Avera AI Mobility Pvt. Ltd. (AAMPL), announced an investment of USD 1 billion to increase production from 25,000 to 100,000 units per annum. This expansion aims to meet the demand in emerging markets such as Australia, Vietnam, and Sri Lanka, with plans to enter additional countries later.
In March 2023, Yadea Technology Group Co., Ltd. a developer and manufacturer electric two-wheel, launched its YADEA Fierider, YADEA VoltGuard Scooter, and YADEA Keeness Electric Motorcycle in Vietnam. These products offer premium quality and an exceptional riding experience, giving the company a competitive edge.