Global electric two-wheeler shipments to reach 67.4 million in 2023, up 4.5% year-on-year

Data shows that global electric two-wheeler shipments will reach 67.4 million units in 2023, a year-on-year increase of 4.5%. Although the overall growth rate has declined for three consecutive years, the sales of electric two-wheelers in Southeast Asia and India have achieved rapid growth, increasing by 47% and 34% respectively. Among the major countries and regions in the world, China is the largest electric two-wheeler market, with sales reaching 55.2 million units in 2023, accounting for 81.9% of global sales.