Market Report
Report Summary Electric Three-Wheeler Sales & Production Market in India - 2023
Electric Three-Wheeler Sales & Production Market in India - 2023
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India observed a fresh fleet addition of 568100 in the electric three wheelers during CY 2023. The country is among the frontrunners driving sales of electric three wheelers globally. Domestically, e-3Ws account 16% of country’s total three-wheelers fleet as of 2023. Though, India aims to achieve 100% electrification of electric two & three wheelers by 2030 but for this to happen a mix of regulatory push & subsequent ecosystem support shall be required.
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