By 2030, electric two-wheelers could be 50 to 70 percent of India's sales. We discuss consumer preferences for premium features and flexible access.
Electric two-wheeler sales in India are expected to shrink 15-17% year-on-year this fiscal amid an evolving pandemic situation and persisting health concerns coupled with economic uncertainties, says ICRA. ICRA Limited is an Indian independent and professional investment information and credit rating ...
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The Government of India wants sales of electric vehicles (EV) to reach 30% market share for private cars, 70% for commercial vehicles and 80% for two-wheelers by 2030. By far, two-wheelers are India's dominant mode of transport and its industry leader. With residents...
The electric two-wheeler market in Asia is growing in demand. Here’s how Asian and European OEMs can collaborate to navigate the shifting market.
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Is electric scooter successful in India? At present, EVs merely constitute 1% of the total two-wheeler sales in India. In 2020, there were just 150,000 electric scooters and bikes sold in India. But experts estimate the segment will grow to over one million by the end of 2025. Which is...
Although relatively few two-wheelers are now electric, this could soon change (Exhibit 1). In India, for instance, only about 4 percent of two-wheeler sales in 2021 were electric. Worldwide, however, we project that 30 percent of two-wheelers will be electric by 2030....