Market Research Report
India Electric Two-Wheeler Market, by Vehicle Type (Scooter and Motorcycle), by Battery type (Lead Acid Battery, Lithium-ion Battery), by Voltage (36V, 48V, 60V, and 72V), By Technology ( Plug-in and Battery), by Region; Size and Forecast, 2014-2025
|Published by||Blueweave Consulting & Research Private Limited||Product code||778131|
|Published||Content info||180 Pages
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|India Electric Two-Wheeler Market, by Vehicle Type (Scooter and Motorcycle), by Battery type (Lead Acid Battery, Lithium-ion Battery), by Voltage (36V, 48V, 60V, and 72V), By Technology ( Plug-in and Battery), by Region; Size and Forecast, 2014-2025|
|Published: December 21, 2018||Content info: 180 Pages||
India Electric Two-Wheeler Market: Overview
The emissions from conventional gasoline based vehicles cause environmental degradation and remained unaddressed. The government has started various measures for regulating carbon emissions, which supporting the sales of electric scooters and motorcycles in the country. India Electric Two-Wheeler market is expected to grow with a CAGR over 40% during the forecast period 2018-2025, owing to strict emission norms and regulations, government incentives, and increasing environmental awareness. Moreover, the government also prolongs its support for these vehicles in the form of subsidies and encouraging the adoption of these vehicles, as 'good replacement' of old conventional ones.
India Electric Two-Wheeler market is growing significantly on account of government support and several subsidies under its "FAME India" schemes, which support faster adoption of electric two-wheelers in the country. Market anticipation about the more favorable environment for the development of electric two-wheelers industry under "FAME-II" is also expected to aid the electric two-wheeler market in India in the coming years. The increasing number of electric two-wheeler manufacturers in India and their escalating focus on research & development to manufacturing technologically advanced and affordable electric two-wheelers is further expected to drive the Indian electric two-wheeler market over the forecast period.
India Electric Two-Wheeler Market: Vehicle Type Analysis
India Electric Two-Wheeler Market: Battery Type Analysis
India Electric Two-Wheeler Market: Technology Type Analysis
India Electric Two-Wheeler Market: Competitive Dynamics
The India Electric Two-Wheeler market is dominated by a number of players, amongst them the major players are Hero Electric Vehicles Pvt. Ltd., Lohia Auto Industries, Electrotherm (India) Ltd., Avon Cycles Ltd., Okinawa Autotech Pvt. Ltd., NDS Eco Motors Private Limited, etc. Companies in this industry are following different strategies to strengthen their market position.