Reasons To Invest
Two-wheeler segment: Expected to be valued at $200 mn by 2023 and penetration of 34.5% by 2025
Three-wheeler segment: Expected to be valued at $1 bn by 2030 and penetration of 63% by 2025
Four-wheeler: Expected to be valued at $700mn by 2025 and penetration of 25% by 2025
How We Help Investors

Research Content Provider

Location Analysis

Policy Advisory/Representation

Stakeholders Meeting

Issue Resoution

Regulatory Clearance Facilitation
FDI Norms
100% FDI is allowed under this sector under the automatic route

100%
FDI Allowed
Did you Know?
Government Support
Charging Stations
Demand Creation
GigaWatt Cell Manufacturing Plan in 2019
Charging as a Service:
Infrastructure Map
Product Profiles
- Electric 2-wheelers
- Electric 3-wheelers

2W fleets are likely to shift to EVs much more rapidly. EVs in 2W segment can potentially target 34.5% of total 2W market – actual penetration could vary.

The electric two-wheeler market in India is emerging on account of increased government policies supporting battery-powered vehicles, the growing awareness toward the environment, increasing petrol prices, and stringent emission norms.

2Ws are expected to be one of the early adopters of electrification. High vehicle utilization and easy home or workplace charging would drive the uptake in the commercial 2W segment.

Resources
Team Blogs
Feb 03, 2021
As India revives from the shackles of Covid-19 pandemic and…
Dec 21, 2020
Conclusively now, electric vehicles are the future!…
Dec 11, 2020
Being a major non-debt financial source, Foreign Direct…
FAQ