Zapp's DFM for Electrification Opportunity in the Two-Wheeler EV Market
VP2W Companies within Pure-Play EV Landscape
Largely Untapped $130bn Electrification Opportunity
Two-Wheel EV Market
TAM (2022): $130bn ¹
High Utility 3
Highly Fragmented Four-Wheel EV Markets
ZAPP
Faraday Future
Passenger Vehicles
SKE
理想
LORDSTOWN.
LUCID
MULLĒN
NIO
polestar
RIVIAN
TESLA X PENG
✔niu gogoro
Global
Indigeneous
Moderate-Performance
2
High-Performance 2
LiveWire
ΑΓΓΙΝAL
HYLIION
NIKOLA
MOTOR COMPANY
Moderate Utility 3
Note: Logos are select publicly traded pure-play EV players in respective categories.
1) Source: Fortune Business Insights. Estimated market size in 2022 and includes electric and internal combustion engine vehicles.
2) Based on 0-30 mph acceleration. Below 3 seconds is considered as high-performance vehicles.
3) Based on vehicle form factor (step-through/step-over), battery portability, ease of charging, maneuverability and customization.
Commercial Vehicles
ATIS
MOTOR VEHICLES
HYZON
מזים
LIGHTNING
eMOTORS
1
CANO 0
1
1
W
R3E
PROTERRA
WORKHORSE
LION ELECTRIC
XOS
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