Indian Electric Two-wheeler Growth Opportunities

Indian Electric Two-wheeler Growth Opportunities

  • February 2022 •
  • 72 pages •
  • Report ID: 6241761 •
  • Format: PDF
The research study provides a detailed overview of India’s electric two-wheeler (E2W) industry, covering current and upcoming market trends, relevant government regulations, charging infrastructure, key OEM profiles and their growth strategies, and a snapshot of product sales. It provides industry annual sales projections to 2026 based on forecast discussions for the country.In FY 2021, India reported a slump in E2W sales compared with FY 2020 due to the widespread outbreak of the COVID-19 pandemic, which also crippled vehicle sales globally. The growth of high-speed electric scooters has increased in FY 2021 over FY 2020 as OEMs roll out newer models with the latest features and eligibility for government incentives.Home-based charging, semi-public and public charging, and battery swap are charging solutions evolving in India as more operators enter the market. The Indian government supports E2W OEMs and startups, shared mobility services, charging solution providers, and fintech firms that complete the electric vehicle ecosystem.