Report Description

India Electric Two Wheeler Market By Vehicle Type (Scooter and Motorcycle), By Battery Capacity (<25 Ah and > 25 Ah), By Battery Type (Lead Acid, Li-ion), Competition Forecast & Opportunities, FY2013-FY2023

  • Publish Date:January, 2018
  • Format : PDF
  • Pages : 79
  • Industry : Automotive

India electric two wheeler market is forecast to grow at a CAGR of more than 23%, during FY2018E–FY2023F. India electric two wheeler market is led by the growing need to curb the air pollution levels across the country and the incentive schemes by the government to encourage manufacturing and adoption of electric two wheelers across the country. Moreover, with consistently growing affordability of electric two wheelers and increasing focus on leading vehicle manufacturers to develop and roll-out technologically advanced products is expected to positively influence the market during forecast period.

Years considered for this report:

Historical Year: FY2013-FY2016

Base Year: FY2017

Estimated Year: FY2018

Forecast Period: FY2019–FY2023

Objective of the Study:

  • To assess the demand for electric two wheelers in the country.
  • To analyze and forecast the market size of electric two wheeler market across the country.
  • To classify and forecast India electric two wheeler market on the basis vehicle type, battery type, battery capacity and region.
  • To identify drivers and challenges for India electric two wheeler market.
  • To identify market trends and developments in India electric two wheeler market.
  • To identify and analyze the profile of leading players operating in India electric two wheeler market.

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Some of the leading players operating in India Electric Two Wheeler Market include Hero Electric Vehicles Pvt. Ltd., Electrotherm India Ltd., Lohia Auto Industries, Avon Cycles Ltd., Okinawa Autotech Pvt. Ltd., Xxplore Automotive Pvt Ltd., BSA Motors, Go GreenEOT Pvt. Ltd., Enigma Auto, and Lectrix Motors Pvt. Ltd.  

In order to perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of electric two wheeler manufacturers and companies currently invested in the country’s electric two wheeler market. Subsequently, TechSci Research conducted primary research surveys, which included primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research was able to include system manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed service offerings, regional network, and regional presence of all major electric two wheeler companies across the country.

TechSci Research calculated the market size for India electric two wheeler market using a bottom-up technique, wherein the value service data for different vehicle type was recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical data of respective companies to arrive at the overall market size. Multiple secondary sources such as directories, databases such as OICA, World Bank, Company Websites, company annual reports, white papers, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

  • India electric two wheeler manufacturers, distributors and other stakeholders
  • Associations, organizations, forums and alliances related to electric two wheelers
  • Government bodies such as regulating authorities and policymakers
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as electric vehicle manufacturers, policymakers and other stakeholders. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, India electric two wheeler market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Market, by Vehicle Type:

    • Scooter
    • Motorcycle

·         Market, by Battery Capacity:

o    <25Ah

o    >25Ah

·         Market, by Battery Type:

o    Lead Acid

o    Li-ion

·         Market, by Company:

o    Hero

o    Yo

o    Lohia

o    Avon

o    Tork

o    Emflux

o    Others

·         Market, by Battery Type:

o    North

o    West

o    South

o    East


Competitive Landscape

Company Profiles: Detailed analysis of the major companies present across the country in the electric two wheeler market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players.

In case you don’t find what you are looking for, please get in touch with our custom research team at

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