Electric 2 Wheeler Market In India

Ltd tvs motor company limited and bajaj auto ltd among others.

Electric 2 wheeler market in india.

The indian market is primarily driven by the as large population and supportive government regulations. We at motorcyclesdata aggregate new two wheeler sales in india as in other 80 markets worldwide on monthly basis with all category including the electric scooters and motorcycles. Some of the major players operating in india two wheeler market include hero motocorp ltd honda motorcycle scooter india pvt. This allow us to provide real figures instead of expensive bla bla bla market research that you can easily find and purchase on the web.

The indian electric two wheeler market is predicted to grow at 44 0 cagr during the forecast period with its fleet size reaching 633 9 thousand units by 2024. Honda sells around three lakh scooters in a month largest in the segment with 56 per cent market share. According to datalabs by inc42 s electric vehicle market outlook report 2020 the market share of two wheelers in india is approximately 20 while three wheelers with 70 market share lead the way. Electric two wheeler sales in india during the financial year 2020 registered a growth of 20 6 compared to.

India is the largest two wheeler market in the world and massive chunk of it consists of two wheelers below 150 cc. The electric two wheeler market in india is expected to grow at a cagr of over 44 during the period 2019 2025 prnewswire with the purchase of india electric two wheeler market report receive. The electric two wheeler segment in india has had a successful financial year 2019 20. Published by vaibhav asher sep 23 2019 the number of electric two wheelers across india was projected to cross the 26 million units mark in 2030.

The current value of goods and services tax on. To perform the study techsci research conducted primary as well as exhaustive secondary research. Major players operating in india electric two wheeler market include hero electric okinawa autotech pvt. Ltd ampere vehicles electrotherm india yo bikes among others.

Sachin bansal the wave will also hit honda scooter and motorcycle india hmsi majorly it s scooter segment.