Tuesday, 02 January 2024 12:17 GMT

India Electric Two-Wheeler Market Size, Share, Growth, Industry Analysis And Forecast Report 2025-2033


(MENAFN- IMARC Group) The India electric two-wheeler market size reached 960.0 thousand units in 2024 and is expected to reach 11,145.0 thousand units by 2033, exhibiting a compound annual growth rate (CAGR) of 28.5% from 2025 to 2033. This significant growth is primarily driven by increasing consumer environmental concerns, rising fuel prices, supportive government incentives, and rapid technological advancements in battery and smart features.

Key Highlights

  • Market size (2024): 960.0 thousand units
  • Forecast (2033): 11,145.0 thousand units
  • CAGR (2025–2033): 28.5%
  • Driven by the rising integration of smart features and the need for sustainable urban mobility.
  • Increasing consumer environmental consciousness and government policies (e.g., FAME scheme) accelerating adoption.
  • Continuous advancements in battery technology, charging solutions, and cost reductions.

Request Free Sample Report: https://www.imarcgroup.com/india-electric-two-wheeler-market/requestsample

How Is AI Transforming the Electric Two-Wheeler Market in India?

AI is playing an increasingly crucial role in the Indian electric two-wheeler market, enhancing performance, safety, and user experience:

  • Predictive Diagnostics and Maintenance: AI-enabled systems analyze real-time battery health, motor performance, and other vehicle parameters to predict potential failures, allowing for proactive maintenance and reducing unscheduled breakdowns.
  • Real-time Battery Monitoring and Optimization: AI algorithms continuously monitor battery usage, suggest optimal driving practices, and manage energy distribution to extend range and battery life.
  • AI-Assisted Navigation and Route Optimization: Machine learning is used in navigation systems to recommend optimal routes based on factors like traffic congestion, charging point availability, and terrain, enhancing convenience for riders.
  • Smart Features and User Personalization: AI enables personalized user interfaces, voice assistants, and gesture recognition systems that adapt to individual rider habits and preferences for entertainment, climate control, and other functions.
  • Intelligent Charging Systems: AI optimizes charging schedules based on factors like cost differences, grid capacity, and renewable energy availability, ensuring reliable and cost-effective charging.
  • Fleet Management and Driver Monitoring: For commercial applications like delivery services, AI helps with fleet management, route optimization, and monitoring driver behavior to enhance operational efficiency and safety.

Key Market Trends and Drivers

  • Government Incentives and Policies: Schemes like FAME-II and state-level subsidies significantly lower the upfront cost of electric two-wheelers, making them more attractive to consumers and encouraging widespread adoption.
  • Rising Fuel Prices: Escalating petrol prices are compelling consumers to seek more economical alternatives, making electric two-wheelers a cost-effective choice for daily commuting.
  • Increasing Environmental Concerns: Growing awareness about air pollution and the need for sustainable transportation solutions is driving a shift towards eco-friendly electric vehicles.
  • Technological Advancements in Batteries: Continuous improvements in lithium-ion battery technology lead to higher energy density, faster charging times, and extended range, addressing“range anxiety” among potential buyers.
  • Developing Charging Infrastructure: Both government and private players are investing in expanding charging networks and battery-swapping stations across urban and semi-urban areas, building a robust ecosystem.
  • Integration of Smart Features: The increasing demand for connected mobility, navigation, real-time diagnostics, and digital dashboards is enhancing the user experience and driving product differentiation.

Market Segmentation

The report has segmented the market into the following categories:

Vehicle Type Insights:

  • Electric Scooter/Moped
  • Electric Motorcycle

Battery Type Insights:

  • Lithium-Ion
  • Sealed Lead Acid (SLA)

Voltage Type Insights:

  • Less than 48V
  • 48-60V
  • 61-72V
  • 73-96V
  • More than 96V

Peak Power Insights:

  • Less than 3 kW
  • 3-6 kW
  • 7-10 kW
  • More than 10 kW

Battery Technology Insights:

  • Removable
  • Non-Removable

Motor Replacement Insights:

  • Hub Type
  • Chassis Mounted

Regional Insights:

  • North India
  • West and Central India
  • South India
  • East and Northeast India

Contact Our Analysts for Brochure Requests, Customization, and Inquiries Before Purchase: https://www.imarcgroup.com/request?type=report&id=21923&flag=C

Latest Development in the Industry

  • In August 2025, E3 Electric.Ai unveiled India's first AI-powered modular electric scooter and crossover delivery moped, featuring predictive AI-based trip assurance, real-time battery monitoring, and AI-assisted navigation.
  • In the first half of 2025, India witnessed a significant surge in electric two-wheeler sales, with Bajaj and TVS emerging as leading sellers in some states, indicating strong market recovery and growth.
  • MediaTek announced plans to expand its presence in India's EV market, focusing on AI, scalable system-on-chips (SoCs), and next-gen connectivity solutions for electric two-wheelers.
  • The government's consideration of lowering GST rates on conventional two-wheelers could impact the price competitiveness of EVs, though the long-term outlook for electric mobility remains strong due to sustained incentives and technological advancements.
  • Companies are continuously launching new models with improved range, fast-charging capabilities, and extended battery warranties (e.g., Ampere Nexus offering 5-year battery warranty) to address consumer concerns and accelerate adoption.
  • The integration of digital sales channels, such as Oben Electric listing its Rorr EZ on Amazon, reflects a growing trend towards online purchasing of electric two-wheelers.

MENAFN21082025004122016232ID1109956641



IMARC Group

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search