India's domestic two-wheeler (2W) market is heading towards a structural stagnation even as electric two-wheelers (E-2Ws) accelerate on a secular growth path, noted a research report by Emkay Global Financial Services.
The scheme aims to accelerate the adoption of electric vehicles (EVs) in India, focusing on electric two-wheelers (e-2Ws), electric three-wheelers (e-3Ws), electric buses, and other emerging EV categories. Background and Evolution of EV Promotion Schemes
Chandra said, "This forward-thinking initiative reflects the Government's unwavering support for India's transition to electric mobility, fostering innovation and investment within the sector. We believe this scheme will not only enhance the growth of the EV ecosystem but also strengthen Ind