Stay updated with breaking news from Forecasting Penetration. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Studies are predicting a huge growth in demand for electric scooters in the Indian market. The sales of electric two-wheelers will jump to 78% of the total two-wheeler sales in the country by 2030, helped by government policies, technology, infrastructure, and consumer acceptance, a report by Redseer Strategy
A report put out by public policy think tank NITI Aayog and Technology Information, Forecasting and Assessment Council (TIFAC) optimistically forecast 100 per cent penetration of electric two-wheelers in the Indian market by FY2026-27.
A new report from NITI Aayog and TIFAC gives an insight into the forecast that the public policy think tank agencies have made. The report forecasts that electric 2-wheeler will have a 100% penetration by 2027
All two-wheelers in India could be electric by 2026-27: Niti Aayog