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)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
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 September 21, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/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 September 21, 2024. https://www-statista-com.ezproxy.canberra.edu.au/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: September 21, 2024. https://www-statista-com.ezproxy.canberra.edu.au/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.ezproxy.canberra.edu.au/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.ezproxy.canberra.edu.au/statistics/1223481/india-demand-for-electric-two-wheel-vehicles/ (last visited September 21, 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.ezproxy.canberra.edu.au/statistics/1223481/india-demand-for-electric-two-wheel-vehicles/