Market Report

  Entry of new manufacturers and adoption of automation solutions is expected to propel growth of the global travel mobility scooter market. For instance, in February 2021, Ola selected ABB as one of its key partners for robotics and automation solutions for its electric scooter factory in India. Moreover, launch of new products is also expected to aid in growth of the market. For instance, in February 2021, TVS launched TVS iQube electric scooter for on-road price of US$ 1,487. Emergence of Covid-19 is expected to offer lucrative growth opportunities for players in the global travel mobility scooter market . The pandemic has changed attitudes to transport and walking, which has prompted several start-ups to launch e-scooters. For instance, in November 2020, the U.S.-based startup Lime launched a new e-scooter model. Moreover, initiatives to curb air pollution are also expected to aid in growth of the market. For instance, in February 2021, The New Delhi Municipal Council, India,...