Forecasting penetration of electric two-wheelers in India: a bottom-up analysis
Publication Year: 2022
Author(s): Srivastava P, Sardar A, Shishir K G, Saraswat V K, Singh R
Abstract:
NITI Aayog and TIFAC launched a report titled ‘Forecasting Penetration of Electric Two-Wheelers in India’, on 28 June 2022. Using a tool made by NITI Aayog and TIFAC, eight scenarios have been developed for analyzing the future penetration of electric two-wheelers in the country. In an optimistic scenario, the report forecasts 100% penetration of electric two-wheelers in the Indian market by FY 2026–27. In another scenario, which is technology driven and where current incentives are withdrawn by 2024, the report predicts 72% penetration by 2031.
Country: India
Publisher/Organisation: TIFAC, NITI AAYOG
URL:
https://www.niti.gov.in/sites/default/files/2022-06/ForecastingPenetration-ofElectric2W_28-06.pdf
Theme: Sustainable transportation | Subtheme: Passenger
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