Projected market size of electric two-wheelers India FY 2025-2027

Published by
Shangliao Sun,
May 8, 2025

The market size of electric two-wheelers across India was projected to cross the three million units mark in financial year 2027. The same year, the electric two-wheeler penetration rate in India would be around 13 percent. 

Projected market size of electric two-wheelers across India from financial year 2025 to 2027, by scenario (in millions)

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Release date

September 2024

Region

India

Survey time period

2024

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2021 started in April 2020 and ended in March 2021.

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