The electric motorcycle market in France experienced significant growth from 2013 to 2023. In 2023, registrations stood at 16,040 units. Observing the year-on-year variations shows considerable fluctuations with some years marked by sharp increases, such as a 54.61% rise in 2023, accelerating from 126.22% growth in 2022. Consistent growth patterns are observed with compound annual growth rates (CAGR) averaging 60.07% over the last five years up to 2023.
Forecasts for the period 2024-2028 indicate a continued upward trend, albeit at a reduced CAGR of 15.03%, projecting overall growth of 101.37%. By 2028, registrations are expected to reach 43,630 units. This projected growth, though slower compared to the historical CAGR, underscores a stabilizing yet resilient market.
Future trends to watch for:
- Technological advancements in battery life and charging infrastructure would further bolster electric motorcycle adoption.
- Government incentives and regulatory support for green mobility are likely to sustain market growth.
- Consumer preference shift towards eco-friendly transportation and increased urbanization could drive demand higher.
- Competitive dynamics with traditional combustion engine motorcycles offer a critical point of observation in market share evolution.
