Taiwan gears up for shift to electric motorcycles

The government pushes to ban ICE motorcycles by 2023.

A large motorcycle fleet and high household incomes provide enough push for Taiwan to shift to electric motorcycles, Fitch Solutions Macro Research reported yesterday.

Incentives such as subsidised purchases, battery-charging and swapping stations, and parking bays will further encourage the Taiwanese people to buy electric motorcycles amidst the Executive Yuan’s plan to ban ICE-powered motorcycles by 2023.

Motorcycle ownership in the small country remains high with an estimated 577 motorcycles per 1,000 people in 2018, second only to Vietnam and placing above Malaysia. However, fleet size will likely contract to 539 units within a five-year period due to a saturated market.

Even as household incomes are rising, Taiwan will still prefer motorcycles over cars, with an estimated 947.269 motorcycles by 2023 compared to 170,331 cars by the same period.

Favorable conditions such as dedicated motorways will sustain motorcycle demand, whilst passenger vehicles continue to trail due to limited parking spaces, narrow streets, and high parking fees.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia