Despite the increasing popularity of lithium-ion batteries in electric vehicles (EVs) and e-mobility, lead-acid batteries still hold a considerable share in the electric scooter market, particularly in developing regions. Several market trends are shaping the future of lead-acid batteries in this sector:
3.1. Cost-Conscious Consumers in Developing Markets
In regions like Southeast Asia, India, and Africa, electric scooters are primarily seen as affordable transportation solutions. Lead-acid batteries, with their lower purchase price, are particularly appealing to consumers in these regions. The demand for electric scooters in these countries is growing rapidly, and lead-acid batteries continue to meet the need for affordable and reliable power sources.
3.2. Emergence of Hybrid Systems
To counter the performance limitations of lead-acid batteries, manufacturers are exploring hybrid systems that combine lead-acid with lithium-ion or other technologies. These systems aim to balance the affordability of lead-acid with the superior performance of newer chemistries, offering enhanced efficiency without sacrificing cost-effectiveness.
3.3. Focus on Recycling and Sustainability
Lead-acid batteries are among the most recycled consumer products in the world, with a recycling rate of more than 95%. As concerns about environmental sustainability grow, the focus on improving the recycling infrastructure for lead-acid batteries in electric scooters is becoming more important. Manufacturers are increasingly turning to environmentally friendly disposal and reuse techniques to ensure that end-of-life batteries are managed sustainably.
3.4. Longer Battery Life and Improved Charging Systems
In response to consumer demand for better performance and longer-lasting power, manufacturers are continuously working to improve the cycle life, charging time, and overall durability of lead-acid batteries. Advances in sealed lead-acid (SLA) and absorbed glass mat (AGM) technologies are helping to extend the lifespan and reduce maintenance needs.