Electric mobility scooters, as a convenient and environmentally friendly mode of transportation, have seen rapid development globally in recent years.
1. Development Background and Market Size
Electric mobility scooters primarily cater to the elderly, people with disabilities, and those with short-distance travel needs. Amidst the intensification of global aging and the rise of environmental awareness, the demand for electric mobility scooters continues to expand. According to Huaon Intelligence Network, the global market size for the electric mobility scooter industry was approximately 735 million USD in 2023, demonstrating the industry's rapid development trend. In China, the market size for electric mobility scooters is also growing, reaching 524 million USD in 2023, with a year-on-year increase of 7.82%.
2. Policy Environment
The Chinese government has implemented a series of policies for energy-saving and emission-reduction green travel, such as the "Green Travel Creation Action Plan," aiming to promote green projects and encourage the use of low-carbon transportation like electric mobility scooters. In addition, the Chinese government has introduced policies for the replacement of old electric bicycles, encouraging consumers to purchase new electric bicycles that meet standards, especially those using lead-acid batteries, to reduce safety risks that lithium batteries might bring.
3. Battery Choice and Safety Considerations
Electric mobility scooters mainly use lead-acid batteries and lithium batteries. Lead-acid batteries are widely adopted due to their high safety and low cost. Although lithium batteries have higher energy density and longer service life, they pose safety hazards such as fire and explosion, especially in cases of overcharging and short-circuiting. Therefore, the Chinese government encourages the use of lead-acid batteries to enhance the safety performance of electric mobility scooters.
4. Market Trends
Technological advancements and changes in consumer demand will continue to drive the development of the electric mobility scooter industry. The global market size is expected to maintain growth, with the Asian market share expected to increase. In China, with policy support, the electric mobility scooter industry will usher in new development opportunities with significant market potential.
Electric mobility scooters, known for their environmental friendliness and convenience, are growing rapidly in the global market, especially in China. Driven by policy and market demand, this industry is expected to continue expanding, offering more safe and efficient travel options.
