Electric scooters will get more expensive next year as the government lowers its subsidies for new purchases. The Ministry of Economic Affairs and the Environmental Protection Administration have announced subsidy cuts that will see the price of a new e-scooter increase by NT$6,000.
Beautiful, sleek, and eco-friendly, electric scooters are a hit with the youth set. With government subsidies set to go down next year, some consumers say that now is the time to buy.
Member of the public
Earth-friendly purchases are a market trend. The subsidies are going down. I'd seize the opportunity to buy.
The economics ministry will cut its scooter subsidy from NT$10,000 to NT$7,000 starting next year. The EPA will terminate its NT$3,000 purchase subsidy, replacing it with NT$5,000 of trade-in value for an old scooter. Altogether, buyers will lose out on NT$6,000 in subsidies. Scooter sales have been brisk as shoppers race to save while they still can.
Electric scooter marketing executive
Currently our production lines are at full capacity to meet consumer demand. Up to this point at least, our consumers have been able to receive their scooter two to four weeks after ordering.
In October, Kymco and Sanyang were No. 1 and 2 for market share, respectively, followed by Gogoro in third place. With a subsidy cut coming up and buyers who are more environmentally conscious than ever, electric scooter makers are bracing for a sales surge through to the end of the year.