Electric Kick Scooter Market to Garner $4.52 Billion by 2028
Rise in deployment of kick scooters for shared mobility services, growing popularity of electric vehicles, rising awareness regarding the environmental advantages of electric kick scooters, and positive government regulations to encourage the use of electric kick scooters drive the global electric kick scooter market. On the other hand, high maintenance & manufacturing cost and ban on use of e-kick scooter in major cities across the world impede the growth to some extent. However, surge in R&D investments for enhanced battery technologies is expected to create lucrative opportunities for the key players in the industry.
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