India Electric Scooter and Motorcycle Market 2020-2025: Market is Predicted to Register a CAGR of 57.9% - Long-range Electric Scooters and Motorcycles to Gain Traction
Share this article Share this article ResearchAndMarkets.com's offering. The Indian electric scooter and motorcycle market would reach a sales volume of 1,080.5 thousand by the end of 2025, exhibiting a CAGR of 57.9% between 2020 and 2025. Due to the rising pollution and the increasing provision of financial incentives by the government, the sales of electric scooters and motorcycles are booming in India. In 2019, nearly 152.0 thousand units of electric motorcycles and scooters were sold in the country, registering a 20.6% growth annually from 2014. In terms of retail sales value, the marke...