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Distribution of electric vehicle startup investments in India in FY 2020-21, by segment

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Source

Release date

February 2022

Region

India

Survey time period

FY 2020-21

Special properties

fiscal year starts April 1st, 2020, and ends March 31st, 2021.

Supplementary notes

OEMs are original equipment manufacturers. In this data, they are divided between 4-wheeler manufacturers (4-W, typically passenger cars), three-wheeler manufacturers (3-W), and two-wheeler manufacturers (2-W).

B2C stands for business-to-consumer.

Citation formats

India: share of EV startup investments by segment in FY 2020-21

Published by ÌÇÐÄÆƽâ°æ Research Department, Apr 13, 2023
In the fiscal year ended March 2021, most of India's electric vehicle startup investments were in four-wheeler manufacturers, typically including electric passenger car makers. These represented **** percent of the *** billion U.S. dollars investment in EV startups recorded in the country. Electric two-wheelers held over a quarter of investments during that same fiscal year and were, along with electric three-wheelers, the most popular EV type in the country in the fiscal year ending in March 2022.
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