China Electric Scooter Market Hits a Strategic Turning Point with a 425 Million-Unit Installed Base and a $13 Billion Replacement Opportunity.
China’s electric scooter market is entering a new phase of transformation. With more than 425 million units already on the road and annual production exceeding 21 million vehicles, the industry is no longer defined by first-time adoption. Instead, it is shifting toward a large-scale replacement cycle driven by regulatory enforcement, lithium battery cost reductions, and … Read more