India Electric Scooters Market Overview
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
The India electric scooter market is accelerating rapidly, fueled by rising fuel prices, government incentives like FAME-II and EMPS 2024, and growing demand for affordable, eco-friendly urban mobility solutions. According to the latest report by IMARC Group, The India electric scooters market size reached USD 1.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 3.0 Billion by 2033, exhibiting a growth rate (CAGR) of 9.60% during 2025-2033.
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India Electric Scooters Market Trends and Drivers:
The Indian electric scooter market in 2025 is booming. This surge is fueled by growing environmental awareness, government support, and tech improvements. Urban air pollution is now critical, so more consumers are choosing zero-emission electric scooters for cleaner commutes and smaller carbon footprints. Government programs like FAME-II and the Electric Mobility Promotion Scheme (EMPS) 2024 provide subsidies up to INR 5,000 per kWh of battery capacity, making these scooters more affordable. Sales have skyrocketed, with over 1.05 million units sold in the first ten months of 2024. This trend is set to continue into 2025. Leading brands like Ola Electric, TVS Motor, and Bajaj Auto dominate the market. Models like the Ola S1 Pro and TVS iQube offer ranges of up to 180 km, along with smart features like touchscreen displays. The market’s projected CAGR of 33.25% through 2034 shows strong consumer demand and a shift toward sustainable urban mobility, with India becoming a global leader in electric two-wheelers.
Despite this growth, challenges remain for the electric scooter market in 2025. Limited charging infrastructure is a major issue, with only 12,146 public charging stations as of 2023. This creates range anxiety for potential buyers. High upfront costs, due to pricey lithium-ion batteries, also discourage some consumers, even with subsidies. However, innovations like battery-swapping stations from companies like Gogoro and Hero MotoCorp are addressing these concerns by providing quick charging solutions. Additionally, battery prices are expected to drop by over 70% by 2030, making scooters more affordable. Urbanization and rising fuel prices further increase demand, especially in tier-1 and tier-2 cities like Delhi and Karnataka. With new launches like Honda’s Activa.e and Ola’s S1 Pro Gen 3, along with expanding export markets such as TVS’s CE 02, the industry is set for continued growth, provided infrastructure investments keep up with consumer demand.
We explore the factors propelling the India Electric Scooters Market growth, including technological advancements, consumer behaviors, and regulatory changes.
India Electric Scooters Industry Segmentation:
The report has segmented the market into the following categories:
Battery Insights:
- Lead Acid
- Lithium Ion
- Others
Product Insights:
- Standard
- Folding
- Self-Balancing
- Maxi
- Three Wheeled
Battery Fitting Insights:
- Detachable
- Fixed
End Use Insights:
- Personal
- Commercial
Regional Insights:
- North India
- South India
- East India
- West India
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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