India Electric Scooter and Motorcycle Market Drivers, Opportunities, and Trends in Coming Years

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India Electric Scooter and Motorcycle Market By
Industry Share, Revenue, Growth, Global Foresight
And Key Growth Drivers
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Due to the rising sales of electric scooters and
motorcycles in the country, the Indian electric
scooter and motorcycle market is predicted to
attain a revenue of 1,043.4 million in 2025.
The sales of electric two-wheelers are rising
rapidly in India because of the increasing
environmental concerns, implementation of strict
emission regulations, increasing government
support for automobile electrification, and the
provision of various financial incentives by
both central and state governments on the
purchase of electric vehicles in the
country. Because of these factors, 1,080.5
thousand units of electric motorcycles and
scooters will be sold in the country by the end
of 2025. Moreover, the sales volume of these
vehicles will grow at a CAGR of 57.9 between
2020 and 2025. The COVID-19 pandemic has caused
a significant slowdown of the Indian electric
scooter and motorcycle market. The nationwide
lockdown announced by the Indian government for
controlling the spread of the virus has massively
hampered the sales of two-wheelers in the
country. While the government is expected to
provide tax deferrals and financial support in
the near future, it is speculated that in the
long run, the government will focus more on other
pressing economic and social issues. The
International Monetary Fund (IMF) has announced
that a deep recession would soon follow, with
markets already cashing over 30 across the
globe. These factors are massively affecting the
flow of investments, which are extremely crucial
in this capital-intensive industry. Request to
Get the Sample Report_at_ https//www.psmarketresearc
h.com/market- analysis/india-electric-scooter-and
-motorcycle-market/report-sample The Indian
electric scooter and motorcycle market is
advancing rapidly in Karnataka and Delhi. This
is because of the growing demand for two-wheeler
mobility services by migrants, the rising
government support, the soaring environmental
concerns being raised in the states, and the
increasing public preference toward eco-friendly
modes of transportation such as electric
motorcycles and scooters over the conventionally
used fuel-powered vehicles. Tamil Nadu and Uttar
Pradesh are predicted to be the two largest
markets for electric two-wheelers in India by
2025. The Indian electric scooter and motorcycle
market players are increasing focusing on
product launches for availing the benefits of the
FAME-II (Faster Adoption and Manufacturing of
(Hybrid ) Electric Vehicles in India) scheme.
According to the eligibility criteria under the
scheme, electric scooters must have a minimum top
speed of 40 kmph and minimum range of 80 km per
charge. Hero Electric Vehicles Pvt. Ltd.,Tunwal
E-Vehicle India Pvt. Ltd., Ampere Vehicles Pvt.
Ltd. (Greaves Cotton Ltd.),Ather Energy Pvt.
Ltd.,Bajaj Auto Ltd.,TWENTY TWO MOTORS PVT. LTD.
(22 KYMCO),TVS Motor Co. Ltd.,Okinawa Autotech
Pvt. Ltd.,LOHIA AUTO INDUSTRIES,Avon Cycles
Ltd., and Electrotherm (India) Ltd. are some of
the prominent Indian electric scooter and
motorcycle market players. Make Enquiry Before
Buying the Report_at_ https//www.psmarketresearch.co
m/send- enquiry?enquiry-urlindia-electric-scoote
r-and-motorcycle-market
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• Market Segmentation by Product
• Scooter
• Motorcycle
• Market Segmentation by Battery Type
• Sealed Lead Acid
• Lithium-Ion (Li-Ion)
• Market Segmentation by Voltage
• 36 V
• 48 V
• 60 V
• 72 V and others
• Market Segmentation by Technology
• Removable
• Non-Removable
• Market Segmentation by Maximum Speed
• lt25 km/h
• 2550 km/h
• gt50 km/h
• Market Segmentation by Sales Channel

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• West Bengal Electric Scooters and Motorcycles
  Market
• By product
• By battery type
• By voltage
• By technology
• By maximum speed
• By sales channel
• Madhya Pradesh Electric Scooters and Motorcycles
  Market
• By product
• By battery type
• By voltage
• By technology
• By maximum speed
• By sales channel
• Gujarat Electric Scooters and Motorcycles Market
• By product
• By battery type
• By voltage
• By technology

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• By battery type
• By voltage
• By technology
• By maximum speed
• By sales channel
• Haryana Electric Scooters and Motorcycles Market
• By product
• By battery type
• By voltage
• By technology
• By maximum speed
• By sales channel
• Rest of India Electric Scooters and Motorcycles
  Market
• By product
• By battery type
• By voltage
• By technology
• By maximum speed
• By sales channel

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