India Electric Two-Wheeler Market Expected to Grow with a CAGR of over 40% by 2025 - PowerPoint PPT Presentation

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India Electric Two-Wheeler Market Expected to Grow with a CAGR of over 40% by 2025

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India Electric Two-Wheeler market is expected to grow with a CAGR over 40% during the forecast period 2018-2025, owing to 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. – PowerPoint PPT presentation

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