In terms of retail sales value, the market is predicted to advance at a CAGR of 63.9% from 2020 to 2025 and attain a revenue of more than $1.0 billion in 2025. 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. 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 20.ĭue 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. 20, 2021 (GLOBE NEWSWIRE) - The "India Electric Scooter and Motorcycle Market Research Report: By Product, Battery Type, Voltage, Technology, Maximum Speed, Sales Channel, Application, State - Industry Analysis and Growth Forecast to 2025" report has been added to 's offering.
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