In a study published by McKinsey, in the financial year 2030, the demand for electric two-wheel vehicles in India was forecasted to reach around *** to *** million units. It is mainly driven by urbanization and migration, favorable governmental policies, lowered prices, and increased consumer readiness for e-vehicles.
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McKinsey & Company. (July 17, 2020). Demand for electric two-wheel vehicles in India in financial year 2021, with estimates up to 2030 (in 1,000 units) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 25, 2026, from /statistics/1223481/india-demand-for-electric-two-wheel-vehicles/
McKinsey & Company. "Demand for electric two-wheel vehicles in India in financial year 2021, with estimates up to 2030 (in 1,000 units)." Chart. July 17, 2020. ÌÇÐÄÆÆ½â°æ. Accessed July 25, 2026. /statistics/1223481/india-demand-for-electric-two-wheel-vehicles/
McKinsey & Company. (2020). Demand for electric two-wheel vehicles in India in financial year 2021, with estimates up to 2030 (in 1,000 units). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 25, 2026. /statistics/1223481/india-demand-for-electric-two-wheel-vehicles/
McKinsey & Company. "Demand for Electric Two-wheel Vehicles in India in Financial Year 2021, with Estimates up to 2030 (in 1,000 Units)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 17 Jul 2020, /statistics/1223481/india-demand-for-electric-two-wheel-vehicles/
McKinsey & Company, Demand for electric two-wheel vehicles in India in financial year 2021, with estimates up to 2030 (in 1,000 units) ÌÇÐÄÆÆ½â°æ, /statistics/1223481/india-demand-for-electric-two-wheel-vehicles/ (last visited July 25, 2026)
Demand for electric two-wheel vehicles in India in financial year 2021, with estimates up to 2030 (in 1,000 units) [Graph], McKinsey & Company, July 17, 2020. [Online]. Available: /statistics/1223481/india-demand-for-electric-two-wheel-vehicles/