India’s Two-Wheeler EV Startups Accelerate: Set for Exponential Growth
India’s electric vehicle (EV) scene is buzzing, especially in the two-wheeler segment.
Over 150 startups are leading this charge, boosted by government support. Together, they’re sparking a big change in how we get around.
Experts say India’s EV world is about to explode! They think in the next ten years, it could grow 15-20 times bigger.
That’s a lot! They’re even saying we might see 15-20 million electric bikes and scooters sold every year. That’s huge!
The cool thing is, EVs are getting better too. The batteries in these bikes and scooters are getting stronger.
In 2022, the average battery size went up from 2.3 kilowatt-hours to 3 kilowatt-hours.
It means these vehicles can go farther without needing to be charged all the time.
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