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India Electric Two-Wheeler Market Trends, Size, Competitive Analysis and Forecast - 2019-2025

May 15th 2020 at 3:05 AM

 

India Electric two-wheeler market is estimated to grow at a considerable CAGR during the forecast period. The increasing government initiatives and subsidies along with increasing urbanization is the key factor to propel the growth of the electric-two wheelers market in India. In 2018, the Indian government had confirmed subsidies related to all types of electric vehicles. In 2015, the government of India had adopted the faster adoption and manufacturing of hybrid and EV (FAME) scheme with an outlay of $130 million, to provide subsidies for electric 2- and 3-wheelers, hybrid and e-cars, and buses. The adoption of such a scheme by the Indian government is anticipated to promote the adoption of electric two-wheelers in the country. However, the comparatively poor performance of electric vehicles for Indian roads in comparison to conventional fuel operated vehicles is a major factor that may hinder the growth of the Indian electric two-wheelers market.

Request a free sample of our report on  India Electric Two-Wheeler Market: https://www.omrglobal.com/request-sample/india-electric-two-wheeler-market

The market is segmented on the basis of product type and battery type. Based on the product type, the market is sub-segmented into scooters and motorcycles. Based on the battery type, the market is sub-segmented into NiMH, Li-Ion, and others. The decline in cost of li-ion battery and inherent benefits offered by these batteries including smaller size, lighter weight, and higher energy density is anticipated to drive the market share of these batteries.

A full report of India Electric Two-Wheeler Market is available at: https://www.omrglobal.com/industry-reports/india-electric-two-wheeler-market

India Electric Two-Wheeler Market Segmentation

By Product Type

  • Scooter

  • Motorcycle

By Battery Type

  • NiMH

  • Li-ion

  • Others

Company Profiles

  • Ather Energy Private Ltd.

  • AVERA New & Renewable Energy Moto Corp Tech Pvt., Ltd.

  • Avon Cycles Ltd.

  • Hero Electric Vehicles Pvt. Ltd.

  • Lohia Auto Industries

  • Okinawa Autotech Pvt. Ltd.

  • Tork Motors

  • TWENTY TWO MOTORS PVT. LTD.

  • Yadea Technology Group Co., Ltd

  • YObykes

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/india-electric-two-wheeler-market

About us:

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit https://www.omrglobal.com/

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +1 646-755-7667, +91 780-304-0404

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