Yadea Group Holdings Ltd

Yadea Philippines and J&T Express have announced a strategic partnership to accelerate electric vehicle adoption in the Philippine logistics sector, starting with a pilot of 1,000 electric delivery tricycles in Manila before nationwide expansion. Yadea, the world's top-selling electric two-wheeler brand for nine consecutive years, will supply its ST13 electric delivery tricycle designed for high-frequency urban dispatch, featuring a weight-reducing mesh cargo box and puncture-resistant tires. The collaboration aims to integrate electric vehicles into J&T Express's last-mile operations, with both companies citing improved delivery efficiency and a shared commitment to low-carbon urban logistics.

The global market for low-powered electric motorcycles and scooters is projected to grow from an estimated 12.3 billion US dollars in 2025 to 17.5 billion US dollars by 2032, at a compound annual growth rate of 5.1 percent. The electric motorcycles segment is expected to reach 10.4 billion US dollars by 2032 with a CAGR of 4.2 percent, while the electric scooters segment is forecast to grow at a 6.7 percent CAGR. The United States market was valued at 3.8 billion US dollars in 2025, and China is forecast to grow at an 8.0 percent CAGR to reach 4.0 billion US dollars by 2032. Key drivers include advancements in lithium-ion and solid-state battery technology, government subsidies and infrastructure improvements, and rising adoption by delivery services and shared mobility platforms. Major companies in the market include Yadea, NIU Technologies, Ather Energy, Ola Electric, and Gogoro.