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KTM, Polaris, and Zero Motorcycles hold a market share of around 35% in the electric off-road vehicles industry. KTM has been developing high-performance electric motorcycles to cater to both competitive riders and recreational enthusiasts. They focus on integrating cutting-edge battery and motor technology, ensuring optimal performance for off-road conditions, and expanding their presence in eco-friendly motorsports.
Polaris has ventured into the electric market with models such as the Ranger XP Kinetic. Polaris emphasizes versatility by combining electric power with its signature rugged design, making these vehicles suitable for both recreational and commercial use. The company also invests in research and development to enhance battery capacity and charging infrastructure, aiming to provide a seamless off-road experience.
Zero Motorcycles is focusing on expanding its electric off-road vehicle range, such as the FX series. They are known for their strong emphasis on performance, offering powerful electric motors, long battery life, and reduced maintenance, ensuring their vehicles cater to off-road enthusiasts seeking adventure without compromising power.
Major players operating in the electric off-road vehicles industry include: