Electric motorcycle registrations in Italy experienced substantial growth from 2013 to 2023, with a notable spike occurring post-2018. Registrations increased dramatically, highlighted by a 235.15% increase in 2020. The market continued to grow, reaching 14,160 units in 2023, reflecting a 24.2% year-on-year increase. The CAGR over the last 5 years stands at 86.83%, underscoring the market's explosive expansion.
Looking ahead, the forecast indicates a continued upward trend, albeit at a slower pace, with a 12.12% CAGR expected over the next five years, projecting registrations to reach 31,280 units by 2028. This growth is anticipated to translate to a 77.19% overall increase from 2023 to 2028.
Future trends to watch for include technological advancements in electric motorcycle batteries, government policies and incentives for EV adoption, infrastructure improvements such as charging stations, and evolving consumer preferences towards sustainable transportation.
