India Electric Vehicle Market By Vehicle Type (Three-Wheeler, Two-Wheeler, Passenger Car & Bus), By Drivetrain Technology (Battery Electric Vehicle Vs. Plug-in Electric Vehicle), Competition Forecast & Opportunities, FY2013-FY2023

According to “India Electric Vehicle Market By Vehicle Type, By Drivetrain Technology, Competition Forecast & Opportunities, FY2013 - FY2023”, India electric vehicle market is projected to grow at a CAGR of over 37%, during FY2018-FY2023. Robust market growth is anticipated on account of rising number of government initiatives such as incentive schemes to encourage adoption of environment-friendly electric vehicles, growing consumer inclination towards electric vehicles, concerns over harmful effects of air pollution, and huge investments by various OEMs for developing more affordable and premium electric vehicles in the coming years.

Some of the major companies operating in India electric vehicle market include Toyota Kirloskar Motor Pvt. Ltd., Mahindra Electric Mobility Limited, Tata Motors Limited, Volvo India Private Limited, BMW AG, Kinetic Green Energy & Power Solutions Ltd., Lohia Auto Industries, Avon Cycles Ltd., Okinawa Autotech Pvt. Ltd., and Hero Electric Vehicles Pvt. Ltd., among others.

“India Electric Vehicle Market By Vehicle Type, By Drivetrain Technology, Competition Forecast & Opportunities, FY2013 - FY2023” discusses the following aspects of electric vehicle market in India:

• Electric Vehicle Market Size, Share & Forecast


• Segmental Analysis - By Vehicle Type (Three-Wheeler, Two-Wheeler, Passenger Car & Bus), By Drivetrain Technology (Battery Electric Vehicle Vs. Plug-in Electric Vehicle)


• Competitive Analysis


• Changing Market Trends & Emerging Opportunities

Why You Should Buy This Report?

• To gain an in-depth understanding of electric vehicle market in India


• To identify the on-going trends and anticipated growth in the next five years


• To help industry consultants, electric vehicle manufacturers, distributors and other stakeholders align their market-centric strategies


• To obtain research based business decisions and add weight to presentations and marketing material


• To gain competitive knowledge of leading market players


• To avail of 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs

Report Methodology

The information contained in this report is based upon both primary and secondary research. Primary research included interaction with electric vehicle manufacturers, distributors and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

Please note: With the Enterprise license, the PDF product is printable and editable and comes with a market data excel sheet.