Tipping point for electric two-wheelers

Globally, China was the largest market for electric two-wheelers in 2020, followed by Vietnam and India

The rising price of petrol and the falling cost of batteries have created a big opportunity for electric two-wheelers in the Indian market. With running costs as low as Rs 9 ($0.12) per 100 kilometers*, upfront costs converging with those of the conventional liquid fuel variants and various models launched, and launching, the outlook for the sector is quite bullish.

As is well known, over 80 per cent of India’s automobile market is made up of two-wheelers, with the rest being cars, trucks and three-wheelers. Electrification of this large market segment seems imminent, with sales likely rising from thousands of units