India Electric Scooters and Motorcycles Market

India electric scooters and motorcycles market

 is projected to reach $617.7 million by 2025.

Increasing pollution awareness among people and increasing government support in the form of subsidies are the key factors driving the growth of the market.

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Electric scooters and motorcycles use electric battery for propulsion and do not produce any emissions. Moreover, these electric two-wheelers are virtually silent and do not cause noise pollution. Electric two-wheelers can manoeuvre through congested streets; can be charged from traditional wall outlets and can have a removable battery.

Stringent emission norms would increase the prices of conventional vehicles making the electric vehicles more viable to opt. Moreover, a positive regulatory environment is expected in future to support the sale of electric vehicles.

Bharat Stage (BS) norms which are currently prevalent in India are similar to the Euro norms of European Union (EU) countries. For instance, BS IV norms of India (implemented in 2017) is similar to Euro IV norms in EU countries. While India started late but took just 11 years to reach BS IV, compared to 18 years taken by EU. 

The research states that the India electric scooters and motorcycles market is consolidated, where Hero Electric has been the leading player in the historic period due to good brand recognition and extensive distribution network. Other important players in India electric scooters and motorcycles market includes Avon, Lohia Auto, and Electro-therm which offers electric scooters with a brand name Yo Bikes.