Indian electric 2-wheeler, allied segments can generate $30 billion in annual revenue by 2030

We expect around 15 million electric two-wheelers by fiscal 2026, accounting for around 50 percent of the market. In the coming four to five years, the transition from petrol to electric two-wheelers will take place through partial substitution of existing models and incremental market creation through demand elasticity.

from Moneycontrol Business News https://ift.tt/3zQNOaZ