Electric scooters and motorcycles refer to the electrically-powered two-wheeler vehicles, ideally designed for two riders, including the driver. Electric two-wheelers can maneuver through congested streets and can be charged from traditional wall outlets and often have a removable battery, allowing them to be charged indoors. They are either plug-in or fully battery operated. According to a research by P&S Intelligence, the Indian electric scooters and motorcycles market during the historical period was witnessing a fluctuating growth over the last decade, mainly due to lack of implementation of subsidy schemes. However, with the strict norms and regulations pertaining to environmental, government incentives, and rising environmental awareness, the market is projected to grow at a very brisk rate, as it is expected to witness a CAGR of over 45% between 2018-2025.
Explore report sample at: https://www.psmarketresearch.com/market-analysis/india-electric-scooter-and-motorcycle-market/report-sample
Growing e-retailing of electric two wheelers is a major trend in the Indian electric scooters and motorcycles market. E-commerce website Paytm has started to sell electric scooters online, which has considerably increased the sales of electric two-wheelers. Other e-commerce companies such as Flipkart, Snapdeal, and Amazon are likely to follow this trend. Moreover, Ather Energy plans to sell its electric two-wheelers online only and would provide doorstep delivery and service. Increasing penetration of internet and smartphones in India would further benefit the sales of electric two-wheelers in the country in future.
Browse Report Overview with Detailed TOC on “India Electric Scooters and Motorcycles Market” at: https://www.psmarketresearch.com/market-analysis/india-electric-scooter-and-motorcycle-market
As India is moving towards electric mobility, companies in the charging infrastructure domain are drawing outlines of charging stations in the country. The Indian government has initiated a process to define standards and guidelines for electric charging stations; for instance, standardizing Protocol for EV Charging Infrastructure, namely Bharat EV charger AC-001, and Bharat EV charger DC-001. This new technology adoption is expected to open new market for electric charging station providers with expected competitive pricing in near future, which in turn is expected to have a positive impact in the Indian electric scooters and motorcycles market.
Pre-Purchase Inquiry at: https://www.psmarketresearch.com/send-enquiry?enquiry-url=india-electric-scooter-and-motorcycle-market
The important players in India electric scooters and motorcycles market includes Hero Electric, Avon, Lohia Auto, and Electro-therm which offers electric scooters with a brand name Yo Bikes. The remaining players in this industry are small and privately-owned companies, such as Ampere Vehicles.
About P&S Intelligence
P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
Media Contact
Company Name: P&S Intelligence
Contact Person: Abhishek
Email: Send Email
Phone: +1-347-960-6455
Country: United States
Website: https://www.psmarketresearch.com/market-analysis/india-electric-scooter-and-motorcycle-market