India Electric Two-Wheeler Market

1
India Electric Two-Wheeler Market
2
Air pollution concerns among the public is
specifically forcing the automotive industry to
decrease carbon footprint which supporting the
necessity of the vehicle with alternative fuel.
According to a new market report published
by BlueWeave Consulting, The India Electric
Two-Wheeler Market is expected to expand at a
CAGR of over 40 from 2018 to 2025, end of the
forecast period. New entrants and various
unorganized players are expected to disrupt the
market Stringent emission norms expected to
benefit the India electric scooters and
motorcycles market The electric two-wheeler
market is mainly driven by strict emission norms
and regulations, government incentives, and
increasing environmental awareness. The emissions
from conventional gasoline based vehicles cause
environmental degradation. The government has
started various measures for regulating carbon
emissions, thereby indirectly driving the sales
of electric scooters and motorcycles in the
country. Moreover, the government also prolongs
its support for these vehicles in the form of
subsidies, thus, encouraging the adoption of
these vehicles, as good replacement of old
conventional ones.
3
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 Scope
of the Report The India Electric Two-Wheeler
market is segmented on the basis of Vehicle type,
Battery type, Technology, and Voltage capacity.
On the basis of Vehicle type, the market is
segmented into Scooter and Motorcycle. On the
basis of battery type, the market is segmented
into Lead Acid Battery and Lithium-ion Battery.
Based on Voltage the market is segmented in 36V,
48V, 60V and 72V. Based on Technology, the market
is further segmented into Battery Electric
Vehicle and Plug-In Electric Vehicle.   Read
morehttps//www.blueweaveconsulting.com/india-ele
ctric-two-wheeler-market