In a study published by McKinsey, in financial year 2030, the demand for electric two-wheel vehicles in India was forecasted to reach around 8.2 to 9.2 million units. It is mainly driven by urbanization and migration, favorable governmental policies, lowered prices, and increased consumer readiness for e-vehicles.
Demand for electric two-wheel vehicles in India in financial year 2021, with estimates up to 2030
(in 1,000 units)
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McKinsey & Company. (July 17, 2020). Demand for electric two-wheel vehicles in India in financial year 2021, with estimates up to 2030 (in 1,000 units) [Graph]. In Statista. Retrieved November 15, 2024, from https://www.statista.com/statistics/1223481/india-demand-for-electric-two-wheel-vehicles/
McKinsey & Company. "Demand for electric two-wheel vehicles in India in financial year 2021, with estimates up to 2030 (in 1,000 units)." Chart. July 17, 2020. Statista. Accessed November 15, 2024. https://www.statista.com/statistics/1223481/india-demand-for-electric-two-wheel-vehicles/
McKinsey & Company. (2020). Demand for electric two-wheel vehicles in India in financial year 2021, with estimates up to 2030 (in 1,000 units). Statista. Statista Inc.. Accessed: November 15, 2024. https://www.statista.com/statistics/1223481/india-demand-for-electric-two-wheel-vehicles/
McKinsey & Company. "Demand for Electric Two-wheel Vehicles in India in Financial Year 2021, with Estimates up to 2030 (in 1,000 Units)." Statista, Statista Inc., 17 Jul 2020, https://www.statista.com/statistics/1223481/india-demand-for-electric-two-wheel-vehicles/
McKinsey & Company, Demand for electric two-wheel vehicles in India in financial year 2021, with estimates up to 2030 (in 1,000 units) Statista, https://www.statista.com/statistics/1223481/india-demand-for-electric-two-wheel-vehicles/ (last visited November 15, 2024)
Demand for electric two-wheel vehicles in India in financial year 2021, with estimates up to 2030 (in 1,000 units) [Graph], McKinsey & Company, July 17, 2020. [Online]. Available: https://www.statista.com/statistics/1223481/india-demand-for-electric-two-wheel-vehicles/
