The Taiwanese micromobility market is on the rise, and will grow at a mammoth growth rate of 61.3% to reach $5,981.6 million by 2030. The main reasons behind the growth of this industry are, traffic congestion, growing urge to reduce air pollution, and the surging need for efficient commutation system for short distances.
E-mopeds held the largest revenue share in the recent past. This can be ascribed to the fact that Taiwanese choose two-wheelers over four-wheelers like motorcycles and mopeds, this is why the industrial stalwarts prefer to play safe by offering e-mopeds.
