Top 5 electric two wheeler manufacturers in Singapore
With the trend of electrification in the two wheeler market becoming evident, Southeast Asian electric motorcycle manufacturers are coming up with a wider range of products to meet the public demand. There are few two wheeler electric bike manufacturers in Singapore, here are top 5 electric two wheeler manufacturers in Singapore, in no particular order.
Table of Contents
Top 5 electric two wheeler manufacturers in Singapore in 2024
Scorpio Electric’s parent company, EuroSports Global Limited, launched a successful IPO in January 2014. 2017 saw the company establish the brand EuroSports Technologies Pte to begin production of electric motorcycles. 2022 saw the sub-brand renamed Scorpio Electric. Scorpio means “Scorpio” and is derived from founder Melvin’s astrological sign.
They’re a Singapore-based electric motorcycle manufacturer that focuses on design, performance, and technology — and operates as a subsidiary of EuroSports Global, Singapore’s leading distributor of luxury automobiles such as Lamborghini.
As the No.1 in top 5 electric two wheeler manufacturers in Singapore, Scorpio Electric is positioned in the high-end market. This positioning is more in line with the two main realities of Singapore’s electric two-wheeled vehicle market: First, Singapore’s market size is smaller than most other Southeast Asian countries, making it more suitable for high-end positioning.
Secondly, the biggest obstacle to the development of two-wheeled vehicles in Singapore is the high cost, not only the high net price of the vehicle, but also various taxes and fees such as the Certificate of Entitlement (COE) fee and the Additional Registration Fee (ARF), which increase the pressure of purchasing a vehicle.
Founded in 2019 to produce smart, eco-friendly and affordable electric scooters, one of the top 5 electric two wheeler manufacturers in Singapore, ION Mobility has made Indonesia its first stop in landing its business, as well as expanding its team and enhancing its R&D capabilities in Singapore, Jakarta and Shenzhen. ION Mobility focuses on the development of electric motorcycles and supporting technologies and services to accelerate the transition of motorcycle riders in Indonesia and Southeast Asia from petrol to electric.
Singapore-based two-wheeler manufacturer ION Mobility unveiled its first electric motorcycle product, the M1-S, which is positioned as a large electric scooter with a sporty, angular body design, much like the YMAHA XMAX.
Since 2020, ION Mobility’s cumulative funding has exceeded $25.5 million, and the company plans to invest the new funds in the Indonesian market to grow its local team, business development and capabilities. This includes its sales and marketing operations in Indonesia, local supply chain network, production tools and manufacturing capabilities to achieve at least 50% localization.
SLEEK EV, a Singapore-based electric two-wheeler business, was established in January 2022 to launch smart electric vehicles in the Thailand and Singapore markets. The venture utilized the financing funds to develop a smart vehicle controller unit to facilitate seamless connectivity with the vehicle through the Sleek app to enhance the user experience. Sleek EV is a leading next-generation electric vehicles company in Southeast Asia. Sleek EV is now one of the top 5 electric two wheeler manufacturers in Singapore.
September 7, 2023 – SLEEK EV, a Singapore-based electric two-wheeler company, announced the closing of a Pre-A round led by ORZON Ventures, followed by January Capital and A2D Ventures. The new funding will focus on improving affordability by expanding the smart production line and increasing automation, with the goal of achieving next year’s sales target of 20,000 units. The funds will also be used to develop a Smart Vehicle Controller Unit to facilitate seamless connectivity with the vehicle through the Sleek app to enhance the user experience.
Vanda Electrics was ranked in the top 5 electric two wheeler manufacturers in Singapore is set to develop electric transportation solutions to capitalize on the global shift towards electric mobility. Under the Vanda umbrella, a suite of electric mobility products and battery storage technologies will be made available to the market, with a focus on three key segments, Hyper Luxury, Consumer and Industrials.
Grounded in innovation and design, our research and engineering team is focused on identifying market opportunities, researching new technologies and ideating solutions within the fields of electric transportation, telematics, robotics and battery systems.
SMOTO is Singapore based company and was ranked in the top 5 electric two wheeler manufacturers in Singapore. The company focus of clean energy and battery technology. They do distribution across Indonesia, rental and leasing for fleet riders and companies that would like to convert from ICE motorcycle to electric motorcycle.
SMOTO also provide battery swapping station solution with partner on some models to extend the motorcycle range for the fleet riders or companies riders to ensure they can continue traveling without the need to waste waiting time to charge the batteries.
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Top 5 electric two wheeler manufacturers in Singapore
Top 5 electric two wheeler manufacturers in Singapore in 2024
Scorpio Electric
Scorpio Electric’s parent company, EuroSports Global Limited, launched a successful IPO in January 2014. 2017 saw the company establish the brand EuroSports Technologies Pte to begin production of electric motorcycles. 2022 saw the sub-brand renamed Scorpio Electric. Scorpio means “Scorpio” and is derived from founder Melvin’s astrological sign.
They’re a Singapore-based electric motorcycle manufacturer that focuses on design, performance, and technology — and operates as a subsidiary of EuroSports Global, Singapore’s leading distributor of luxury automobiles such as Lamborghini.
As the No.1 in top 5 electric two wheeler manufacturers in Singapore, Scorpio Electric is positioned in the high-end market. This positioning is more in line with the two main realities of Singapore’s electric two-wheeled vehicle market: First, Singapore’s market size is smaller than most other Southeast Asian countries, making it more suitable for high-end positioning.
Secondly, the biggest obstacle to the development of two-wheeled vehicles in Singapore is the high cost, not only the high net price of the vehicle, but also various taxes and fees such as the Certificate of Entitlement (COE) fee and the Additional Registration Fee (ARF), which increase the pressure of purchasing a vehicle.
ION Mobility
Founded in 2019 to produce smart, eco-friendly and affordable electric scooters, one of the top 5 electric two wheeler manufacturers in Singapore, ION Mobility has made Indonesia its first stop in landing its business, as well as expanding its team and enhancing its R&D capabilities in Singapore, Jakarta and Shenzhen. ION Mobility focuses on the development of electric motorcycles and supporting technologies and services to accelerate the transition of motorcycle riders in Indonesia and Southeast Asia from petrol to electric.
Singapore-based two-wheeler manufacturer ION Mobility unveiled its first electric motorcycle product, the M1-S, which is positioned as a large electric scooter with a sporty, angular body design, much like the YMAHA XMAX.
Since 2020, ION Mobility’s cumulative funding has exceeded $25.5 million, and the company plans to invest the new funds in the Indonesian market to grow its local team, business development and capabilities. This includes its sales and marketing operations in Indonesia, local supply chain network, production tools and manufacturing capabilities to achieve at least 50% localization.
SLEEK EV
SLEEK EV, a Singapore-based electric two-wheeler business, was established in January 2022 to launch smart electric vehicles in the Thailand and Singapore markets. The venture utilized the financing funds to develop a smart vehicle controller unit to facilitate seamless connectivity with the vehicle through the Sleek app to enhance the user experience. Sleek EV is a leading next-generation electric vehicles company in Southeast Asia. Sleek EV is now one of the top 5 electric two wheeler manufacturers in Singapore.
September 7, 2023 – SLEEK EV, a Singapore-based electric two-wheeler company, announced the closing of a Pre-A round led by ORZON Ventures, followed by January Capital and A2D Ventures. The new funding will focus on improving affordability by expanding the smart production line and increasing automation, with the goal of achieving next year’s sales target of 20,000 units. The funds will also be used to develop a Smart Vehicle Controller Unit to facilitate seamless connectivity with the vehicle through the Sleek app to enhance the user experience.
Vanda electric
Vanda Electrics was ranked in the top 5 electric two wheeler manufacturers in Singapore is set to develop electric transportation solutions to capitalize on the global shift towards electric mobility. Under the Vanda umbrella, a suite of electric mobility products and battery storage technologies will be made available to the market, with a focus on three key segments, Hyper Luxury, Consumer and Industrials.
Grounded in innovation and design, our research and engineering team is focused on identifying market opportunities, researching new technologies and ideating solutions within the fields of electric transportation, telematics, robotics and battery systems.
SMOTO
SMOTO is Singapore based company and was ranked in the top 5 electric two wheeler manufacturers in Singapore. The company focus of clean energy and battery technology. They do distribution across Indonesia, rental and leasing for fleet riders and companies that would like to convert from ICE motorcycle to electric motorcycle.
SMOTO also provide battery swapping station solution with partner on some models to extend the motorcycle range for the fleet riders or companies riders to ensure they can continue traveling without the need to waste waiting time to charge the batteries.
Above is the introduction of all the top 5 electric two wheeler manufacturers in Singapore. More articles about top best list can be found at top 10 two wheeler lithium battery manufacturers in China, top 10 electric two-wheeler manufacturers in Vietnam.