Best Electric Two-Wheeler Brands in the World (2025)
02 Jul, 2025

The global electric two-wheeler market is to reach US$ 50.13 billion in 2024 and is likely to touch a market value of US$ 122.54 billion by 2033. The market is growing at a healthy CAGR of 10.44% from 2025 to 2033. Government incentives, growing environmental consciousness, and battery technological breakthroughs have all contributed to the notable expansion of the worldwide electric two-wheeler industry. With nations like China and India embracing electric scooters and motorbikes for urban transportation, Asia-Pacific is the industry leader. In order to encourage the use of electric vehicles, governments all over the world have implemented measures including tax breaks, subsidies, and infrastructural improvements. The attraction of electric two-wheelers has increased due to technological advancements that have addressed range anxiety and shortened charging periods, such as lithium-ion batteries and battery-swapping systems. The market has grown even faster because to commercial uses like last-mile delivery services. The market for electric two-wheelers, which provide a sustainable and effective mode of transportation, is expected to develop steadily as urbanization and environmental concerns increase.

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List of Leading Companies in the Electric Two-Wheeler Market

1.BMW AG

Establishment: 1916

Headquarters: Germany

Website: www.bmwgroup.com

Revenue: $154.0B in 2023

The automobile manufacturer is Bayerische Motoren Werke AG (BMW). It creates, produces, and markets engines, spare parts, and accessories for cars and motorcycles. In addition, the firm provides fleet management, insurance, retail customer and dealer finance, deposit business, and vehicle leasing services. It sells goods under the John Cooper Works, Alphabet, Rolls-Royce, BMW, MINI, and Motorrad brands. Automobiles and off-road vehicles are developed, manufactured, assembled, and sold by BMW. The business provides services to clients in Asia, the Americas, Europe, and other areas. It has global sales networks in addition to production and assembly facilities. Germany's Munich, Bayern, is home to BMW's headquarters.

2.GOVECS AG

Establishment: 2009

Headquarters: Germany

Website: https://my-schwalbe.com

With more than ten years of expertise, GOVECS is regarded as one of Europe's top producers of electric scooters, actively influencing the direction of urban mobility. In order to tackle significant issues like urbanization and climate change, the firm has continuously worked on creative mobility solutions. With its renowned eSchwalbe scooter, which had replaceable batteries, GOVECS prioritized performance and safety while concentrating on the B2C market.

The eSchwalbe was distributed via a network of exclusive resellers. With its job scooter idea, GOVECS unveiled an intelligent leasing strategy designed for businesses, providing workers with substantial cost savings advantages. Consumers valued the company's growing value offer, which included reduced charging times, a wider service network, and the ongoing expansion of the eSchwalbe product line.

3.Hero Electric Vehicles Pvt. Ltd.

Establishment: 2010

Headquarters: India

Website: www.heroelectric.in

manufacturer of electric two-wheelers that are intended to be a more ecologically responsible way to commute short distances. The firm produces a line of two-wheelers that run on lithium-ion batteries and are lighter while yet having improved durability, giving its clients the chance to commute in an environmentally friendly manner at a reasonable cost.

4.Mahindra GenZe

Establishment: 2012

Headquarters: United States of America

Website: www.genze.com

The Mahindra Group's first urban mobility vehicle, the GenZe, is the only two-wheeled electric vehicle of its sort available in the US. Customers get precisely what they need from the small design: convenient travel, dedicated storage, and an amazing 30-mile range with several firsts for the industry.

5.Terra Motors Corporation

Establishment: 2010

Headquarters: Tokyo, Japan

Website: https://terramotors.in

Japan's top producer of electric two- and three-wheelers was acknowledged to be Terra Motors Corporation. The firm launched its operations throughout South East Asia and South Asia, driven by the goal of "leading innovations with electric vehicles in creating a clean and sustainable society."

Terra Motors was dedicated to using constant innovation to create a sustainable future. With the help of its skilled Japanese engineering staff, it created and produced electric two- and three-wheelers. The battery, charger, motor, and controller were all part of the company's patented powertrain technology, which was its main advantage. Terra Motors supported its goal of accelerating the shift to environmentally friendly urban transportation throughout Asia by operating production plants in Bangladesh, Vietnam, India, and Japan.

6.Vmoto Limited

Establishment: 2001

Headquarters: Australia

Website: www.vmoto.com

Vmoto Ltd. and its affiliates are involved in the scooter manufacturing industry. The company's primary activities are creating, producing, and promoting electric two-wheel cars. Though it works in four main geographic regions—Australia, China, Europe, and Singapore—the electric two-wheeler vehicle segment is controlled globally. It uses VMOTO, VMOTO Fleet, and Super Soco as its main company brands. Nanjing is the location of manufacturing plants in China. The distribution center and warehouse are run in Italy and the Netherlands in Europe.

7.Zero Motorcycles, Inc.

Establishment: 2006

Headquarters: United States of America

Website: www.zeromotorcycles.com

Manufacturer of electric bikes with the goal of providing a better riding experience. Riders can now enjoy bikes that are lightweight, efficient, and stable right out of the line thanks to the company's motorcycles, which are designed from the ground up to take advantage of the revolutionary electric powertrain that delivers torque greater than sportbikes and uses a specially designed rigid, aircraft-grade aluminum frame to minimize weight.