Analysis of electric motorcycle registrations in Finland shows fluctuating growth and decline from 2013 to 2023. In 2023, registrations stood at 14 units. There were notable peaks and troughs, with considerable spikes in 2015 and 2018, and significant drops in 2014 and 2017. The transition from 2021 to 2023 exhibited modest growth: 5.26% from 2021 to 2022 and 7.69% from 2022 to 2023. The last five-year CAGR was 1.49%, indicating gradual maturity in the market.
Forecast data suggest a steady increase, with a 5-year CAGR of 1.74% leading up to 2028. This represents an overall growth of 9.01% by the end of the forecast period.
Future trends to watch for include advancements in battery technology, government incentives for electric vehicles, and the increasing environmental consciousness among consumers which could drive the uptake of electric motorcycles.
