How Startups Are Shaping India’s Electric Two-Wheeler Industry
Overview The India Electric Bike Market is witnessing exponential growth, driven by rising environmental awareness, government incentives, and rapid advancements in electric vehicle (EV) technology. In 2024, the market was valued at USD 1.5 billion and is projected to reach USD 12 billion by 2035, registering a CAGR of 20.8% over the forecast period. This surge is fueled by the increasing urban...
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