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According to Renub Research’s latest report, “ Electric Scooter Market, Size, Global Forecast 2023-2028, Industry Trends, Growth, Impact of Inflation, Opportunity Company Analysis” Electric Scooter Market is projected to grow at a CAGR of 13% from 2022 to 2028. As the world becomes more electronic and hybrid, the e-scooter market is undergoing a significant transformation. Urban riders have long favored electric-powered scooters due to their convenience and low weight. However, as people become increasingly aware of the health and safety benefits of using e-scooters, demand is increasing. Alternative modes of transportation like e-scooters are gaining popularity as more people become concerned about air quality. E-scooters have numerous advantages over traditional scooters, and their futuristic appearance only adds to their appeal. Despite this, e-scooters have not yet been widely adopted, and many factors about this technology are still unknown.

In recent years, environmental problems

Electric scooters also called electric-powered two-wheelers. A battery pack and a motor are installed to store and transform the electricity. It is a seemingly fun and environmentally friendly option for the short journey. Governments worldwide have formulated several policies to increase the penetration of electric scooters by offering various advantages for consumers and manufacturers in the form of subsidies. In 2017, the United States the Corporate Average Fuel Economic (CAFÉ) standards were increasing the adoption of energy-efficient automobiles by framing regulations to enhance the utilization of alternative fuel vehicles and reduce fossil fuel consumption. According to Renub Research Global Electric Scooter Market is expected to reach US$ 34.2 Billion by 2026.

Around the globe, some of the most significant factors driving the global electric scooter business are climate change and increasing prices of petroleum products. Consumers from emerging countries are already affected by