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    Mexico Electric Two Wheeler Market

    ID: MRFR/AM/52420-HCR
    200 Pages
    Sejal Akre
    September 2025

    Mexico Electric Two-Wheeler Market Research Report By Type (Scooters, Motorcycles, Mopeds, E-Bikes), By Battery Type (Lithium-Ion Batteries, Lead-Acid Batteries, Nickel-Metal Hydride Batteries), By Voltage Capacity (Below 48V, 48V to 72V, Above 72V) and By End Use (Personal Transportation, Commercial Delivery, Shared Mobility)- Forecast to 2035

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    Mexico Electric Two Wheeler Market Research Report- Forecast To 2035 Infographic
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    Table of Contents

    Mexico Electric Two Wheeler Market Summary

    The Mexico Electric Two-Wheeler market is projected to grow from 242.5 USD Million in 2024 to 810 USD Million by 2035, indicating a robust growth trajectory.

    Key Market Trends & Highlights

    Mexico Electric Two-Wheeler Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 11.59% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 810 USD Million, reflecting increasing consumer interest.
    • In 2024, the market is valued at 242.5 USD Million, showcasing a solid foundation for future growth.
    • Growing adoption of electric two-wheelers due to environmental concerns is a major market driver.

    Market Size & Forecast

    2024 Market Size 242.5 (USD Million)
    2035 Market Size 810 (USD Million)
    CAGR (2025-2035) 11.59%

    Major Players

    Vespa, Zero Motorcycles, Honda Motor, Amperaggio, Razor, Ariel Rider, Kawasaki Heavy Industries, Cecy Motors, Electric Motorcycles, Niu Technologies, BMW Motorrad, Gogoro, Super Soco, Segway, Ninebot, Yamaha Motor

    Mexico Electric Two Wheeler Market Trends

    The Mexico Electric Two-Wheeler Market is currently experiencing a notable shift towards sustainable transportation, driven by increasing environmental awareness and government initiatives aimed at reducing carbon emissions. One of the key market drivers is the push from the Mexican government for cleaner energy solutions, as outlined in its commitment to international climate agreements and local policies promoting electric vehicles. Additionally, urban air quality concerns are prompting cities like Mexico City to enforce stricter emissions standards, leading more consumers to consider electric two-wheelers as practical alternatives to traditional gasoline-fueled vehicles. 

    Recent trends indicate a rise in infrastructure development across Mexico, including more charging stations, which is enhancing the accessibility and convenience of electric two-wheelers. As cities invest in sustainable public transport and prioritize cycle-friendly policies, there are ample opportunities for manufacturers and service providers to introduce innovative products tailored to local preferences. 

    Furthermore, the growing demand among younger generations for eco-options gives rise to a potential market for shared electric mobility services, creating an avenue worth exploring for businesses entering the sector. the increase in technology adoption, companies are also focusing on improving battery performance and user experience, making electric two-wheelers more appealing.

    Consumers in Mexico are becoming more informed about the benefits of electric mobility, driven by awareness campaigns and educational initiatives, which are encouraging the shift towards a greener transportation landscape. The fusion of these trends demonstrates a robust market movement towards electric two-wheelers in Mexico, highlighting the blend of policy support, consumer demand, and infrastructure development driving this energy transition.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Mexico Electric Two Wheeler Market Drivers

    Market Segment Insights

    Electric Two-Wheeler Market Type Insights

    Electric Two-Wheeler Market Type Insights

    The Mexico Electric Two-Wheeler Market has shown significant growth, driven by rising demand for eco-friendly transportation solutions and increasing urbanization. The segmentation by Type reveals key players such as Scooters, Motorcycles, Mopeds, and E-Bikes, each catering to different consumer preferences and usage scenarios. Scooters are especially popular in urban areas due to their convenience, ease of parking, and lower operational costs, making them a favored choice for daily commutes. 

    Motorcycles, on the other hand, cater to enthusiasts and individuals seeking higher performance, and they adeptly bridge the gap between leisure and daily utility.Mopeds generally appeal to younger riders or those looking for an economical option; they provide great fuel efficiency and are easy to handle in congested city traffic, hence gaining traction among first-time riders. E-are gaining momentum as they offer a balance of cycling exercise with the advantage of an electric boost, making them attractive for both eco-conscious consumers and fitness enthusiasts.

    The overall market dynamics are influenced by trends such as advancements in battery technology, government incentives for electric vehicles, and increasing awareness regarding the environmental impact of traditional fuels.

    However, challenges remain, such as the need for a robust charging infrastructure and public perception regarding electric vehicles' longevity and performance. Opportunities for growth in the Mexico Electric Two-Wheeler Market are abundant as more consumers shift towards electric mobility in response to socio-economic changes and a growing emphasis on reducing urban pollution. The collaborative efforts of government and private sectors to support electric vehicle adoption will further accelerate the growth of this segment, supporting Mexico's initiative to reduce greenhouse gas emissions and promote cleaner air.

    Electric Two-Wheeler Market Battery Type Insights

    Electric Two-Wheeler Market Battery Type Insights

    The Battery Type segment within the Mexico Electric Two-Wheeler Market is an essential component influencing the overall industry dynamics and consumer choices. As the market is progressively leaning towards sustainable transportation, Lithium-Ion Batteries have gained significant popularity due to their lightweight design and superior energy efficiency, making them a preferred choice for many electric two-wheelers. Lead-Acid Batteries, while historically dominant in various applications, are increasingly seen as less efficient compared to advanced technologies.

    However, they still hold importance for budget-conscious consumers looking for affordability. Nickel-Metal Hydride Batteries, although less common in recent models, offer benefits in terms of temperature tolerance and longevity, catering to specific user needs and preferences. The growth of the electric vehicle market in Mexico is primarily driven by an increased focus on reducing carbon emissions, governmental support for electric vehicle adoption, and rising fuel prices.

    Challenges such as infrastructure development for charging and battery recycling remain critical as the market expands.Overall, the segmentation of battery types reflects both technological advancements and consumer preferences, vital for the ongoing evolution of the Mexico Electric Two-Wheeler Market, emphasizing the importance of balancing performance, cost, and sustainability in product offerings.

    Electric Two-Wheeler Market Voltage Capacity Insights

    Electric Two-Wheeler Market Voltage Capacity Insights

    The Mexico Electric Two-Wheeler Market is categorized into various Voltage Capacity segments including Below 48V, 48V to 72V, and Above 72V, each serving distinct consumer needs and preferences. The Below 48V segment caters predominantly to urban commuters seeking lightweight and compact vehicles, often ideal for short-distance travel. This segment facilitates the adoption of electric mobility in densely populated areas. Meanwhile, the 48V to 72V range is notable for balancing performance and efficiency, appealing to users who desire enhanced speed and battery life without compromising affordability.

    Vehicles in this range are ideal for both urban and suburban commuting, which signifies a growing interest in electric vehicles as an alternative to traditional petrol-powered two-wheelers. On the higher end, the Above 72V category offers robust performance and is viewed as critical for longer-distance travel and increased load capabilities.

    As environmental concerns and government initiatives supporting electric mobility gain traction in Mexico, each of these Voltage Capacity categories will play an integral role in advancing the transition toward sustainable transport solutions.The segmentation reflects a strategic approach to meet a diverse consumer base, thereby driving market growth through increased penetration in urban mobility and eco-friendly transportation solutions.

    Electric Two-Wheeler Market

    Get more detailed insights about Mexico Electric Two Wheeler Market Research Report- Forecast To 2035

    Regional Insights

    Key Players and Competitive Insights

    The Mexico Electric Two-Wheeler Market is experiencing significant growth, driven by increasing environmental awareness, government incentives, and the demand for sustainable transportation solutions. This market has become highly competitive, with various manufacturers aiming to capture a share by introducing innovative electric two-wheeler models tailored to meet the needs of Mexican consumers. Competitors are focusing on enhancing the performance, range, and affordability of electric scooters and motorcycles while also incorporating advanced technologies for better user experience. 

    The presence of both established automotive companies and emerging startups adds to the dynamic nature of this market, making it essential for players to continuously innovate and adapt to consumer preferences and regulatory policies.In the context of the Mexico Electric Two-Wheeler Market, Vespa stands out with its strong brand recognition and a heritage of stylish design. Although Vespa is well known for its classic scooters, its foray into electric two-wheelers has been marked by the introduction of modern models that retain the iconic aesthetic while embracing sustainable technology.

    The company's emphasis on quality craftsmanship and attention to detail resonates well with Mexican consumers looking for not just transportation but a lifestyle choice. 

    Additionally, Vespa's established distribution network and service infrastructure in Mexico bolster its market presence, making it easier for customers to access their electric offerings. Their commitment to producing vehicles that combine performance and eco-friendliness positions Vespa favorably in the competitive landscape, appealing to urban commuters and environmentally conscious riders alike.Zero Motorcycles has made significant strides in the Mexico Electric Two-Wheeler Market with its focus on high-performance electric motorcycles. The company is known for its cutting-edge technology, which translates into impressive power and range capabilities, appealing to the growing demographic of motorcycle enthusiasts in Mexico seeking eco-friendly alternatives. 

    Zero Motorcycles' distinct product line includes models designed for both urban commuting and off-road adventures, offering versatility to riders. Furthermore, the company's strategic partnerships and collaborations within the region enhance its market presence, allowing for better distribution and customer reach. As electric mobility becomes more accepted in Mexico, Zero Motorcycles is also exploring opportunities for mergers and acquisitions to expand its footprint and enhance its capabilities in the electric two-wheeler segment. This proactive approach, combined with a commitment to innovation and customer satisfaction, strengthens Zero Motorcycles' competitive position in the evolving landscape of electric two-wheelers in Mexico.

    Key Companies in the Mexico Electric Two Wheeler Market market include

    Industry Developments

    Market Segmentation

    Electric Two-Wheeler Market Use Outlook

    • Personal Transportation
    • Commercial Delivery
    • Shared Mobility

    Electric Two-Wheeler Market Type Outlook

    • Scooters
    • Motorcycles
    • Mopeds
    • E-Bikes

    Electric Two-Wheeler Market Battery Type Outlook

    • Lithium-Ion Batteries
    • Lead-Acid Batteries
    • Nickel-Metal Hydride Batteries

    Electric Two-Wheeler Market Voltage Capacity Outlook

    • Below 48V
    • 48V to 72V
    • Above 72V

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 242.46 (USD Million)
    MARKET SIZE 2024 270.45 (USD Million)
    MARKET SIZE 2035 810.0 (USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 10.486% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Vespa, Zero Motorcycles, Honda Motor, Amperaggio, Razor, Ariel Rider, Kawasaki Heavy Industries, Cecy Motors, Electric Motorcycles, Niu Technologies, BMW Motorrad, Gogoro, Super Soco, SegwayNinebot, Yamaha Motor
    SEGMENTS COVERED Type, Battery Type, Voltage Capacity, End Use
    KEY MARKET OPPORTUNITIES Growing urban congestion solutions, Rising fuel price alternative, Government incentives and subsidies, Expanding charging infrastructure, Increasing environmental awareness and demand
    KEY MARKET DYNAMICS Government incentives and subsidies, Growing environmental awareness, Rising fuel prices, Expanding urban mobility solutions, Increasing e-commerce delivery demand
    COUNTRIES COVERED Mexico

    Market Highlights

    Author

    Sejal Akre
    Senior Research Analyst

    She has over 5 years of rich experience, in market research and consulting providing valuable market insights to client. Hands on expertise in management consulting, and extensive knowledge in domain including ICT, Automotive & Transportation and Aerospace & Defense. She is skilled in Go-to market strategy, industry analysis, market sizing, in depth company profiling, competitive intelligence & benchmarking and value chain amongst others.

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    FAQs

    What is the expected market size of the Mexico Electric Two-Wheeler Market in 2024?

    The Mexico Electric Two-Wheeler Market is expected to be valued at 270.45 million USD in 2024.

    What is the projected market value for the Mexico Electric Two-Wheeler Market by 2035?

    By 2035, the Mexico Electric Two-Wheeler Market is projected to reach a value of 810.0 million USD.

    What is the expected compound annual growth rate (CAGR) for the Mexico Electric Two-Wheeler Market from 2025 to 2035?

    The expected CAGR for the Mexico Electric Two-Wheeler Market from 2025 to 2035 is 10.486 %.

    Which type of electric two-wheeler is expected to dominate the market by 2035?

    By 2035, the scooters segment is expected to dominate the market, valued at 324.54 million USD.

    What is the projected market value for electric motorcycles in Mexico by 2035?

    The electric motorcycles segment is anticipated to reach a market value of 243.42 million USD by 2035.

    Who are the key players in the Mexico Electric Two-Wheeler Market?

    Major players in the Mexico Electric Two-Wheeler Market include Vespa, Zero Motorcycles, Honda Motor, and Niu Technologies.

    What is the expected market value for electric mopeds in 2024?

    In 2024, the electric mopeds segment is expected to be valued at 27.05 million USD.

    How is the electric E-Bikes segment performing in the Mexico Electric Two-Wheeler Market?

    The E-Bikes segment is projected to achieve a market value of 162.9 million USD by 2035.

    What challenges could impact the growth of the electric two-wheeler market in Mexico?

    Challenges may include infrastructure development for charging stations and consumer adoption rates.

    What regional opportunities exist within the Mexico Electric Two-Wheeler Market?

    Growth opportunities are anticipated in urban areas where demand for eco-friendly transportation is rising.

    1. EXECUTIVE
    2. SUMMARY
    3. Market Overview
    4. Key Findings
    5. Market Segmentation
    6. Competitive Landscape
    7. Challenges and Opportunities
    8. Future Outlook
    9. MARKET INTRODUCTION
    10. Definition
    11. Scope of the study
    12. Research Objective
    13. Assumption
    14. Limitations
    15. RESEARCH
    16. METHODOLOGY
    17. Overview
    18. Data
    19. Mining
    20. Secondary Research
    21. Primary
    22. Research
    23. Primary Interviews and Information Gathering
    24. Process
    25. Breakdown of Primary Respondents
    26. Forecasting
    27. Model
    28. Market Size Estimation
    29. Bottom-Up
    30. Approach
    31. Top-Down Approach
    32. Data
    33. Triangulation
    34. Validation
    35. MARKET
    36. DYNAMICS
    37. Overview
    38. Drivers
    39. Restraints
    40. Opportunities
    41. MARKET FACTOR ANALYSIS
    42. Value chain Analysis
    43. Porter's
    44. Five Forces Analysis
    45. Bargaining Power of Suppliers
    46. Bargaining
    47. Power of Buyers
    48. Threat of New Entrants
    49. Threat
    50. of Substitutes
    51. Intensity of Rivalry
    52. COVID-19
    53. Impact Analysis
    54. Market Impact Analysis
    55. Regional
    56. Impact
    57. Opportunity and Threat Analysis
    58. Mexico
    59. Electric Two-Wheeler Market, BY Type (USD Million)
    60. Scooters
    61. Motorcycles
    62. Mopeds
    63. E-Bikes
    64. Mexico
    65. Electric Two-Wheeler Market, BY Battery Type (USD Million)
    66. Lithium-Ion
    67. Batteries
    68. Lead-Acid Batteries
    69. Nickel-Metal
    70. Hydride Batteries
    71. Mexico Electric
    72. Two-Wheeler Market, BY Voltage Capacity (USD Million)
    73. Below
    74. V
    75. V to 72V
    76. Above 72V
    77. Mexico
    78. Electric Two-Wheeler Market, BY End Use (USD Million)
    79. Personal
    80. Transportation
    81. Commercial Delivery
    82. Shared
    83. Mobility
    84. Competitive Landscape
    85. Overview
    86. Competitive
    87. Analysis
    88. Market share Analysis
    89. Major
    90. Growth Strategy in the Electric Two-Wheeler Market
    91. Competitive
    92. Benchmarking
    93. Leading Players in Terms of Number of Developments
    94. in the Electric Two-Wheeler Market
    95. Key developments and
    96. growth strategies
    97. New Product Launch/Service Deployment
    98. Merger
    99. & Acquisitions
    100. Joint Ventures
    101. Major
    102. Players Financial Matrix
    103. Sales and Operating Income
    104. Major
    105. Players R&D Expenditure. 2023
    106. Company
    107. Profiles
    108. Vespa
    109. Financial
    110. Overview
    111. Products Offered
    112. Key
    113. Developments
    114. SWOT Analysis
    115. Key
    116. Strategies
    117. Zero Motorcycles
    118. Financial
    119. Overview
    120. Products Offered
    121. Key
    122. Developments
    123. SWOT Analysis
    124. Key
    125. Strategies
    126. Honda Motor
    127. Financial
    128. Overview
    129. Products Offered
    130. Key
    131. Developments
    132. SWOT Analysis
    133. Key
    134. Strategies
    135. Amperaggio
    136. Financial
    137. Overview
    138. Products Offered
    139. Key
    140. Developments
    141. SWOT Analysis
    142. Key
    143. Strategies
    144. Razor
    145. Financial
    146. Overview
    147. Products Offered
    148. Key
    149. Developments
    150. SWOT Analysis
    151. Key
    152. Strategies
    153. Ariel Rider
    154. Financial
    155. Overview
    156. Products Offered
    157. Key
    158. Developments
    159. SWOT Analysis
    160. Key
    161. Strategies
    162. Kawasaki Heavy Industries
    163. Financial
    164. Overview
    165. Products Offered
    166. Key
    167. Developments
    168. SWOT Analysis
    169. Key
    170. Strategies
    171. Cecy Motors
    172. Financial
    173. Overview
    174. Products Offered
    175. Key
    176. Developments
    177. SWOT Analysis
    178. Key
    179. Strategies
    180. Electric Motorcycles
    181. Financial
    182. Overview
    183. Products Offered
    184. Key
    185. Developments
    186. SWOT Analysis
    187. Key
    188. Strategies
    189. Niu Technologies
    190. Financial
    191. Overview
    192. Products Offered
    193. Key
    194. Developments
    195. SWOT Analysis
    196. Key
    197. Strategies
    198. BMW Motorrad
    199. Financial
    200. Overview
    201. Products Offered
    202. Key
    203. Developments
    204. SWOT Analysis
    205. Key
    206. Strategies
    207. Gogoro
    208. Financial
    209. Overview
    210. Products Offered
    211. Key
    212. Developments
    213. SWOT Analysis
    214. Key
    215. Strategies
    216. Super Soco
    217. Financial
    218. Overview
    219. Products Offered
    220. Key
    221. Developments
    222. SWOT Analysis
    223. Key
    224. Strategies
    225. SegwayNinebot
    226. Financial
    227. Overview
    228. Products Offered
    229. Key
    230. Developments
    231. SWOT Analysis
    232. Key
    233. Strategies
    234. Yamaha Motor
    235. Financial
    236. Overview
    237. Products Offered
    238. Key
    239. Developments
    240. SWOT Analysis
    241. Key
    242. Strategies
    243. References
    244. Related
    245. Reports
    246. LIST
    247. OF ASSUMPTIONS
    248. Mexico Electric Two-Wheeler Market SIZE
    249. ESTIMATES & FORECAST, BY TYPE, 2019-2035 (USD Billions)
    250. Mexico
    251. Electric Two-Wheeler Market SIZE ESTIMATES & FORECAST, BY BATTERY TYPE, 2019-2035
    252. (USD Billions)
    253. Mexico Electric Two-Wheeler Market SIZE
    254. ESTIMATES & FORECAST, BY VOLTAGE CAPACITY, 2019-2035 (USD Billions)
    255. Mexico
    256. Electric Two-Wheeler Market SIZE ESTIMATES & FORECAST, BY END USE, 2019-2035
    257. (USD Billions)
    258. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    259. ACQUISITION/PARTNERSHIP
    260. LIST
    261. Of figures
    262. MARKET SYNOPSIS
    263. MEXICO
    264. ELECTRIC TWO-WHEELER MARKET ANALYSIS BY TYPE
    265. MEXICO ELECTRIC
    266. TWO-WHEELER MARKET ANALYSIS BY BATTERY TYPE
    267. MEXICO ELECTRIC
    268. TWO-WHEELER MARKET ANALYSIS BY VOLTAGE CAPACITY
    269. MEXICO
    270. ELECTRIC TWO-WHEELER MARKET ANALYSIS BY END USE
    271. KEY BUYING
    272. CRITERIA OF ELECTRIC TWO-WHEELER MARKET
    273. RESEARCH PROCESS
    274. OF MRFR
    275. DRO ANALYSIS OF ELECTRIC TWO-WHEELER MARKET
    276. DRIVERS
    277. IMPACT ANALYSIS: ELECTRIC TWO-WHEELER MARKET
    278. RESTRAINTS
    279. IMPACT ANALYSIS: ELECTRIC TWO-WHEELER MARKET
    280. SUPPLY /
    281. VALUE CHAIN: ELECTRIC TWO-WHEELER MARKET
    282. ELECTRIC TWO-WHEELER
    283. MARKET, BY TYPE, 2025 (% SHARE)
    284. ELECTRIC TWO-WHEELER
    285. MARKET, BY TYPE, 2019 TO 2035 (USD Billions)
    286. ELECTRIC
    287. TWO-WHEELER MARKET, BY BATTERY TYPE, 2025 (% SHARE)
    288. ELECTRIC
    289. TWO-WHEELER MARKET, BY BATTERY TYPE, 2019 TO 2035 (USD Billions)
    290. ELECTRIC
    291. TWO-WHEELER MARKET, BY VOLTAGE CAPACITY, 2025 (% SHARE)
    292. ELECTRIC
    293. TWO-WHEELER MARKET, BY VOLTAGE CAPACITY, 2019 TO 2035 (USD Billions)
    294. ELECTRIC
    295. TWO-WHEELER MARKET, BY END USE, 2025 (% SHARE)
    296. ELECTRIC
    297. TWO-WHEELER MARKET, BY END USE, 2019 TO 2035 (USD Billions)
    298. BENCHMARKING
    299. OF MAJOR COMPETITORS

    Mexico Electric Two-Wheeler Market Segmentation

     

     

     

    • Electric Two-Wheeler Market By Type (USD Million, 2019-2035)

      • Scooters
      • Motorcycles
      • Mopeds
      • E-Bikes

     

    • Electric Two-Wheeler Market By Battery Type (USD Million, 2019-2035)

      • Lithium-Ion Batteries
      • Lead-Acid Batteries
      • Nickel-Metal Hydride Batteries

     

    • Electric Two-Wheeler Market By Voltage Capacity (USD Million, 2019-2035)

      • Below 48V
      • 48V to 72V
      • Above 72V

     

    • Electric Two-Wheeler Market By End Use (USD Million, 2019-2035)

      • Personal Transportation
      • Commercial Delivery
      • Shared Mobility

     

     

     

     

     

     

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