Projected electric two wheelers penetration rate in India FY 2016-2031, by scenario

Published by
Shangliao Sun,
Dec 21, 2022
In financial year 2021, the penetration rate of electrical two-wheelers in India reached almost one percent. It was estimated that in optimistic scenario, the penetration rate would reach 100 percent in 2028. Around 144 thousand electric two wheelers were sold in India in 2021.

Projected electric two wheelers penetration rate in India from financial year 2021 to 2031, by scenario

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Release date

June 2022

Region

India

Survey time period

2022

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2021 started in April 2020 and ended in March 2021.

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