The global electric two-wheeler market is shifting from policy-driven growth to market and infrastructure maturity. Supported by rising fuel costs, urban demand, and supportive regulations, key regions including Latin America, Middle East, Africa, Europe, and Asia show strong momentum. This report highlights latest trends, data, and opportunities for global distributors and businesses.
Region 1: Latin America
Fourth Consecutive Record Year, Electric Segment Accelerates
Latin America's motorcycle market achieved its fourth consecutive record year in 2025. Brazil grew 13.4% in January–February 2026, Argentina surged 45.5% in Q1 2026, and Colombia hit a historic quarterly high with 17.9% growth. According to MotorCycles Data (MCD), Latin America accounts for 8.2% of the global motorcycle market and is projected to be the world's fastest-growing region in 2026.
Government incentives, urban congestion, and rising fuel costs are accelerating the shift from gasoline to electric two-wheelers. Major markets including Brazil, Mexico, and Colombia are seeing rapid adoption among young urban consumers, creating strong demand for reliable and cost‑effective electric models.
Region 2: Middle East
Saudi Vision 2030 Drives $475.7M E-Two-Wheeler Market, $1.36B Projected by 2034
Saudi Arabia's electric two-wheeler market reached USD 475.7 million in 2025 and is forecast to reach USD 1.36 billion by 2034, with a 12.38% CAGR from 2026 to 2034 (IMARC Group). Backed by Saudi Vision 2030's focus on sustainability, the kingdom is actively promoting zero‑emission transportation.
In late 2024, Vego Group partnered with a Chinese manufacturer to build Saudi Arabia's first electric motorcycle plant in Sudair City, with annual capacity of 50,000 units starting 2026. Wardwizard Innovations also signed a joint venture for two production facilities covering electric two/three-wheelers and battery cells. NAVEE launched multiple high-performance e-scooter models in Saudi Arabia in 2025, further boosting market momentum
Region 3: Africa
Spiro Raises $100M, Largest EV Investment in Africa; 400% Growth Targeted
Spiro, Africa's leading electric motorcycle operator, secured USD 100 million in October 2025-the largest single investment in African e‑mobility to date-bringing total funding to USD 280 million. The round included USD 75 million from FEDA, the development arm of Afreximbank.
Spiro currently operates 60,000+ electric motorcycles across six countries, supported by 1,200+ battery swapping stations with over 26 million swaps completed. The company targets 100,000+ vehicles by the end of 2025, representing a 400% year‑over‑year increase. Kenya reached 7% electric motorcycle penetration in 2024 and is expected to exceed 10% in 2025. Africa's two-wheeler market was valued at USD 5.18 billion in 2025 and is projected to reach USD 5.55 billion in 2026 (Mordor Intelligence).
Region 4: Europe
Market Stabilizes at 89,000 Units; Chinese Brands Lead E2W Sales
Western Europe registered 89,000 electric two-wheelers in 2025, a 7.1% year-on-year decline, marking a second year of market adjustment (MotorCycles Data, January 2026). Despite strong urban sustainability demand, Europe lacks a unified EU‑wide strategy for e‑two-wheeler industrial development and decarbonization.
Chinese manufacturers including NIU Technologies, Yadea, and VMoto lead European sales, supported by mature production and global supply chains. Most EU markets rely on local, short-term consumer subsidies rather than long-term manufacturing support. As a result, Europe is increasingly dependent on imports, creating opportunities for established international suppliers with competitive, compliant products.
250W/500W Step-Thru E-Bike – Perfect for Daily Errands & Trips
