China's Electric Motorcycle Market Holds Immense ...

23 Sep.,2024

 

China's Electric Motorcycle Market Holds Immense ...

Chongqing - "China's electric motorcycle market holds immense potential, but economic recovery factors influence its growth rate," said Wang Hao, Manager of the Commercial and Product Strategy Department at Peugeot Motorcycles (China), during an exclusive interview with Bridging News at the 21st China International Motorcycle Trade Exhibition (CIMAMotor ) in Chongqing International Expo Center.

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Wang noted that although the Chinese government cares about the environment, its current focus on motorcycles strongly emphasizes economic development rather than solely on environmental concerns. 

He explained that the conventional gasoline vehicle industry involves many enterprises, impacts numerous consumers, and employs a significant workforce. Therefore, this industry must prioritize economic development as its primary mission.

Peugeot Motorcycles considers modern Chinese youth

When Bridging News had an exclusive talk with Eric Apode, CEO at Peugeot Motocycles, he highlighted that China boasts the world's largest motorcycle market. Thus, his company is actively investing time, energy, and capital to strengthen its position in the market.

Operating in close to 70 countries around the world with a distribution network of 3,000 sales outlets, Peugeot Motorcycles is the oldest brand of two-wheelers in the world. 

Apode said that Peugeot Motocycles is focusing on meeting the demands of modern Chinese youth for motorcycles, driven by China's youthful population characterized by enthusiastic consumption habits.

Wang commented on Peugeot Motocycles's commitment to actively contribute to the motorcycle market's growth in Chongqing and beyond. They aim to expand their product network and partnerships to meet the diverse needs of different regions and cities.

Chongqing is ideal for electric motorcycle production

Wang thinks a significant gap exists between China and the European market in the electric mobility sector. European governments have implemented various policies to encourage electric motorcycle use, such as providing free parking and restricting gasoline-powered motorcycles, contributing to the rapid growth of the electric motorcycle market.

According to Yahoo Finance, the European electric scooters and motorcycles market is driven by government initiatives to encourage people to switch to green mobility. 

For instance, the government of Italy has set aside $11.34 million (10 million euros) to offer subsidies for the purchase of electric scooters. The Italian government also made it official in August to finance incentives for electric motorcycles and scooters with new funds equal to 20 million euros for the same year.

Due to the lack of significant differentiation in policies between gasoline and new energy motorcycles in China, Chinese consumers have relatively limited interest in electric motorcycles, leading to a slowdown in the growth of the new energy motorcycle market.

However, Wang still believes that as environmental awareness strengthens and policies evolve, the Chinese electric motorcycle market will continue to expand.

As a crucial manufacturing base for motorcycles, Chongqing plays a pivotal role in developing the electric motorcycle market. The city is ideal for electric motorcycle production thanks to its well-established supporting factories and relatively lower labor costs.

"Chongqing plays a significant role in our products, particularly in producing electric motorcycle components such as instruments and speed limiters," said Wang. "This provides solid foundational support for the entire motorcycle industry."

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"Chongqing, as a key hub for motorcycle manufacturing, will play a critical role in the rise of the electric motorcycle market, offering more sustainable transportation options for China's future," Wang concluded.


5 Reasons to Ride a Maeving

Why you should choose a Maeving over other electric motorcycles on the market.

Jack Price

So, you&#;re considering an electric motorcycle. We&#;re here to assure you that you&#;re making the right decision. In fact, you&#;re making an extraordinarily correct decision. Read on for five irrefutable reasons why riding a Maeving makes sense for reshaping your commute.

1. You are saving a lot of money

To fully charge a Maeving battery will cost you 73p (SEVENTY-THREE PENCE). That adds up very quickly. Once you own a Maeving, your running costs become negligible compared to most other modes of transportation. Better yet, you&#;ll never need to buy oil, there&#;s no chain to fix or replace, and no mess to clean up. Maeving&#;s bikes use a hub motor with one singular moving part &#; the most economical servicing you&#;ll ever experience.

2. Charge Anywhere

Those batteries that you&#;re charging for literal pennies &#; they&#;re removable. There are no wires to get tangled and you don&#;t need a Master&#;s Degree in engineering to operate it &#; you simply click it out, plug it into a UK three-pronged socket (the standard ones you see in every single home and building in the UK) and charge it just like you would your mobile .

This means you don&#;t need to worry about range anxiety. If you&#;re running low, simply plug into the nearest socket, have a cup of coffee, and on you go. Live on the seventeenth floor of a high-rise? Simply remove the battery, take it with you in the lift plug it in to charge in your flat. This is actually unique to Maeving, not all electric motorcycles, and it&#;s a significant advantage.

3. Easy to Ride

Maeving electric motorbikes have no gears or clutch &#; just a simple twist-and-go throttle for maximum simplicity. Experienced riders will adore the smooth torque this provides when moving off and accelerating, whilst novice riders really benefit from the sheer simplicity of the design; no unnecessary complicated controls, just pure, beautiful functionality.

4. Perfect for Urban Travel

A Maeving is designed for urban use, not vast, sprawling journeys across the country. Living in a bustling city can feel a little impersonal. When hopping from public transport to public transport, it&#;s easy to lose that sense of place or to fail to notice your surroundings. You might live somewhere for years and never notice the lovely little coffee place down the road, or the birdsong smothered under the cacophony of the city. Maevings offer a near-silent riding experience, allowing you to reconnect with your surroundings and help to reduce noise in urban areas.

According to the Mayor of London, road transport accounts for around half of the capital&#;s air pollution. Going electric is a huge step toward better health and long-term prospects for citizens and their city. Also, according to INRIX&#;s global traffic scorecard, London occupies the undesirable top spot in the list of places where drivers spend the most time in traffic. Electric cars are great for reducing emissions, but they don&#;t solve that problem. An electric motorbike, however, allows you to dodge traffic and never arrive late.

Maeving motorcycles are designed to address this problem, and have been optimised to solve it.

5. Zero-Emission Travel

Our electric bikes release zero emissions during travel. because they literally don&#;t have a tailpipe. Now, obviously, the electricity you use to charge your battery may generate unwanted emissions, but that all depends on how you source your electricity. If your electricity comes from renewable sources, you&#;re living a sustainable dream. Even if you live in a country or city that doesn&#;t have the cleanest electricity sources (for this varies from place to place), you&#;re still doing the planet a favour by riding electric. If you sign up for renewable-only tariffs (such as Switchd), you can ensure that the energy you use comes from renewable sources, making a Maeving (and many aspects of your life) completely sustainable.

According to Evoke Motorcycles, the carbon footprint of an electric motorbike in an average city is much lower than that of its combustion engine counterpart, &#;accounting for only 7% of the average emission of a combustion engine. For electric motorcycles in cities with renewable sources of energy, it&#;s not far-fetched to say that an electric motorcycle produces almost zero carbon footprint.&#;

A FINAL WORD...

We said we were going to give you five reasons to ride a Maeving. We may have squeezed a few extra reasons in there, but five is a nice clean number, isn&#;t it? For us, riding electric is a no-brainer. You&#;ve read this far, though, so we reckon you&#;re not lacking for brains, and we&#;ll see you out there on the gloriously noiseless, easily navigable urban road.

The company is the world’s best electric moped street legal supplier. We are your one-stop shop for all needs. Our staff are highly-specialized and will help you find the product you need.