With the increasing greenhouse gas (GHG) emissions and the escalating air pollution levels, the demand for environment-friendly mobility solutions is growing rapidly in North America. Moreover, the governments of many North American countries are implementing policies for encouraging the adoption of electric vehicles, including electric two-wheelers such as electric scooters and motorcycles. For instance, in the U.S., both federal and state governments are providing various incentives for augmenting the deployment of electric vehicles. Another major factor powering the sales of electric scooters in North America is the emergence of electric scooter sharing fleet in the U.S. and Canada. Due to these factors, the North American electric scooters and motorcycles market is exhibiting rapid expansion. As a result, the market value will grow from $164.7 million in 2020 to $590.4 million by 2025, as per the forecast of the market research company, P&S Intelligence. Furthermore, the market is expected to grow at a CAGR of 25.1% from 2021 to 2025. Get More Insight: https://www.globenewswire.com/news-release/2021/05/26/2236787/0/en/North-America-Electric-Scooters-and-Motorcycles-Market.html
