December’s Power Two Wheeler registration figures gave us the full results for our industry during 2021, with registrations growing by 9.3% from 2020 despite a ‘plagued’ 2021.
With 2021 plagued by covid related lockdowns, staffing issues and restricted supply, we should nonetheless enter 2022 with optimism after a 9.3% increase in Power Two Wheeler (PTW) registrations compared to 2020, according to MCIA’s figures.
Despite the yearly increase, year-on-year figures for December were below those of 2020, experiencing a -24.2% (1,910 units) decrease. This can be attributed to manufacturer supply constraints made up of a variety of issues concerning supply of materials, components and logistics in general.
One sector that continues to grow is that of ePTWs with a year-on-year growth of 48.6% to 413 units - 283 of these registered in the 1-4KW category. When taking into consideration that this power output is most comparable with 0-50cc internal combustion engines (ICE) (that achieved 735 units in total), it is interesting to see that ePTWs contributed to 27.8% of that market. This figure increases to 31.6% of that market when looking at the full years in comparison to 2020.
December saw the BMW R 1250 GS Adventure claim the second highest registering bike, with 136 units, pipped on this occasion by Honda’s stalwart, commute and first-bike friendly CBF 125 M (167 units). Honda once again retained top spot for the most registrations with 976 units for the month.
The National Motorcycle Dealers Association (NMDA) highlighted that PTW dealers have continued to innovate and invest in digitisation, and as a result are reporting good levels of footfall, forward orders and used PTW sales continue to perform strongly.
With more ePTW product readily available, it was encouraging to see the uplift in ePTW sales which may indeed indicate not solely the move towards zero emission PTWs in urban areas for last mile delivery and commuting, but also a potential way to attract new riders.
As Government continues to push their net-zero agenda, engagement with motorcycle members through communications and meetings are becoming ever more important and the NMDA looks forward to continuing to work closely with motorcycle dealers in 2022.
We would like to remind you that your helpline is open for calls relating to your business, legal and employment issues. If you already are, or are not yet an NMDA member and would like to discuss all things PTW, please email Head of Association directly Patrick.firstname.lastname@example.org