Growing market for electric motorcycles

According to the Beijing office of The Freedonia Group, a Cleveland-based industry research firm, electric motorcycles are expected to pass petrol motorcycles to become the leading motorcycle type sold in China.
The market for electric motorcycles in China is expected to grow 11% per year through 2014 to 31.6 million units.
Demand for these newer products will continue to expand at a rapid pace through the forecast period, as increasing numbers of urban dwellers turn to electric motorcycles for their transportation needs. Improvements in vehicle durability and in battery power and longevity have allowed electric motorcycles to meet an important need among urban dwellers seeking to upgrade from pedal bicycles but unable to afford automobiles.
IndustryWeek reports that restrictions and even outright bans on normal petrol-powered motorcycles in many Chinese cities will prevent sales of such machines from expanding at a fast pace, while the electric powered motorcycle races ahead.