In a study published by McKinsey, in financial year 2030, the demand for electric three-wheel vehicles in India was forecasted to reach around 500 to 600 thousand units. It is mainly driven by urbanization and migration, favorable governmental policies, lowered prices, and increased consumer readiness for e-vehicles.
Demand for electric three-wheel vehicles in India in financial year 2021, with estimates up to financial year 2030
(in 1,000 units)
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McKinsey & Company. (July 17, 2020). Demand for electric three-wheel vehicles in India in financial year 2021, with estimates up to financial year 2030 (in 1,000 units) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1225812/india-demand-for-electric-three-wheel-vehicles/
McKinsey & Company. "Demand for electric three-wheel vehicles in India in financial year 2021, with estimates up to financial year 2030 (in 1,000 units)." Chart. July 17, 2020. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1225812/india-demand-for-electric-three-wheel-vehicles/
McKinsey & Company. (2020). Demand for electric three-wheel vehicles in India in financial year 2021, with estimates up to financial year 2030 (in 1,000 units). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1225812/india-demand-for-electric-three-wheel-vehicles/
McKinsey & Company. "Demand for Electric Three-wheel Vehicles in India in Financial Year 2021, with Estimates up to Financial Year 2030 (in 1,000 Units)." Statista, Statista Inc., 17 Jul 2020, https://www.statista.com/statistics/1225812/india-demand-for-electric-three-wheel-vehicles/
McKinsey & Company, Demand for electric three-wheel vehicles in India in financial year 2021, with estimates up to financial year 2030 (in 1,000 units) Statista, https://www.statista.com/statistics/1225812/india-demand-for-electric-three-wheel-vehicles/ (last visited December 22, 2024)
Demand for electric three-wheel vehicles in India in financial year 2021, with estimates up to financial year 2030 (in 1,000 units) [Graph], McKinsey & Company, July 17, 2020. [Online]. Available: https://www.statista.com/statistics/1225812/india-demand-for-electric-three-wheel-vehicles/
