The Indian electric scooters and motorcycles market will stand at an estimated USD 681.3 million in 2024, advancing at a CAGR of 66.4% during 2024-2030.

The Indian electric scooter market showcases a diverse product portfolio tailored to a wide spectrum of consumer preferences and budgets. Scooters are available with varying battery capacities, voltage levels, drive types (hub motor, mid-drive, etc.), and functionalities catering to diverse end-uses, from personal commuting to last-mile delivery services. The market also offers a range of scooter categories, from basic commuter models to sophisticated, feature-rich options with advanced technologies. Recent developments include: In August 2023, TVS launched its X electric crossover scooter in India at an introductory price of Rs. 2.50 lakh. TVS X is a high-end electric scooter with advanced digital and interconnected features. The electric scooter is powered by a 4.4kWh battery pack that has an IDC-claimed range of 140 km., In July 2023, Ather 450X electric scooter became available with 100% on-road financing, with no down payment required. This move is aimed at making the Ather 450X more accessible to potential buyers and to drive up EV sales in India., In June 2023, TVS Motor Company announced a strategic partnership with food-delivery platform Zomato to accelerate eco-friendly transportation for short-distance deliveries. As part of this partnership, TVS Motor will deploy over 10,000 electric scooters over a course of two years, powered by its iQube electric scooter., In February 2023, Indian electric scooter manufacturer Ola Electric Mobility Pvt. plans to build the world's largest electric vehicle hub in the southern Indian state of Tamil Nadu with an investment of $920 million to localize the supply chain for cleaner transport.. Key drivers for this market are: Rising fuel prices: The rising cost of fuel has made electric scooters a more affordable alternative to traditional gasoline-powered scooters.

Government incentives: The Indian government's FAME II scheme provides subsidies for the purchase of electric vehicles, making them more affordable for consumers.. Potential restraints include: Range anxiety: Consumers are often concerned about the limited range of electric scooters compared to gasoline-powered scooters.

Lack of charging infrastructure: The lack of widespread charging infrastructure for electric scooters can be a deterrent for consumers.. Notable trends are: Development of high-performance batteries: Battery technology is rapidly evolving, leading to the development of high-performance batteries with increased range and durability.

Integration of smart features: Electric scooters are becoming increasingly integrated with smart features, such as GPS navigation, mobile connectivity, and voice control..

The India E-Scooter Market size is valued at USD 1 bn, shaped by market opportunities, industry report, and top players. Explore insights on market segmentation, CAGR, and future outlook.

The global electric scooter sector has a good future, which is reflected in its expected growth from USD 38.4 billion in 2025 to USD 91.1 billion by 2035, with a CAGR of 9.1%. Fast development of technology like battery range, lightweight materials, and IoT connectivity together with government promotional schemes and urban mobility reforms have become the prime movers responsible for the upsurge of the market in different parts of the world.

Metric	Value
Industry Size (2025E)	USD 38.4 billion
Industry Value (2035F)	USD 91.1 billion
CAGR (2025 to 2035)	9.1%

Country-Wise Analysis

Country	CAGR (2025 to 2035)
United States	8.5%

Country	CAGR (2025 to 2035)
United Kingdom	8.7%

Region	CAGR (2025 to 2035)
European Union	9.3%

Country	CAGR (2025 to 2035)
Japan	7.5%

Country	CAGR (2025 to 2035)
South Korea	9.1%

Competitive Outlook

Company Name	Estimated Market Share (%)
Yadea Group Holdings Ltd.	13-16%
Niu Technologies	10-13%
Hero Electric	9-12%
Ather Energy	7-10%
Ola Electric Mobility Pvt. Ltd.	6-9%
Other Companies (combined)	40-50%

The India electric scooter and motorcycle market was volumed at 1.14 Million Units in 2024. The industry is expected to grow at a CAGR of 26.10% during the forecast period of 2025-2034. Increasing traffic congestion and rising disposable income are the two main factors augmenting the sales of electric scooters and motorcycles in India, which in turn is expected to push the market ahead to attain 11.59 Million Units by 2034.

Explore the future of the India Electric Scooter and Motorcycle Market, size at USD 647 million in 2023, showcasing growth opportunities and key trends.

The market size of electric two-wheelers across India was projected to cross the ******million units mark in financial year 2027. The same year, the electric two-wheeler penetration rate in India would be around ***percent.

Electric Scooter Market by Vehicle Type (Electric Motorcycles, E-Kick scooters & Bikes, Electric Mopeds), Power Output (Less Than 3.6kW, 3.6kW to 7.2kW), Battery Technology, Motor Type, Charging Type, End-user, and Geography - Global Forecast to 2031

In the India Electric Scooter and Motorcycle Market, at present, the Indian two-wheeler market is completely dominated by low-cost products.

Ola Electric dominated the electric two-wheeler market in India, with a share of ** percent in financial year 2023. This was followed by Okinawa and Hero, having a share of ** percent and ** percent, respectively.

Dive deep into the dynamics of India Electric Scooter Market, size at USD 700 million in 2023, showcasing industry trends and strategic insights.

The global hybrid e-scooter market size is estimated to reach USD 2,718.9 million in 2024. It is anticipated to rise at a CAGR of 3.9% during the assessment period and is projected to attain a value of USD 3,986.1 million by 2034.

Attributes	Description
Estimated Global Hybrid E-scooter Market Size (2024E)	USD 2,718.9 million
Projected Global Hybrid E-scooter Market Value (2034F)	USD 3,986.1 million
Value-based CAGR (2024 to 2034)	3.9%

Semi-annual Update on Hybrid E-scooter Market

Particular	Value CAGR
H1	3.6% (2023 to 2033)
H2	3.8% (2023 to 2033)
H1	3.7% (2024 to 2034)
H2	3.9% (2024 to 2034)

Country-wise Analysis of Hybrid E-scooter Market

Countries	CAGR 2024 to 2034
India	5.8%
China	4.4%
Spain	2.9%
France	2.7%
Italy	2.5%

Hybrid E-scooter Market Analysis by Top Investment Segments

Segment	Four Stroke (Stroke)
Value Share (2024)	65%

Segment	E-commerce (Distribution Channel)
Value Share (2024)	50%

The Electric Scooter and Motorcycle Market Report is Segmented by Vehicle Type (E-Scooter/Moped and E-Motorcycle), Battery (Lead-Acid, Lithium-Ion, and More), Power Output (Less Than 3. 6 KW, 3. 6 KW - 7. 2 KW, and More), Motor Type (Hub-Motor, Belt-Drive, and More), End-Use (Personal/Individual, Commercial and Corporate Fleets, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD) and Volume (Units).

India Electric Two-Wheeler Market Size to cross USD 750 Million by 2025. Electric scooter sales to exceed 2 million by 2030.

Folding Electric Scooter Market Outlook

The global folding electric scooter market size is poised to witness significant growth, projecting to expand from USD 4.5 billion in 2023 to approximately USD 10.8 billion by 2032, reflecting a robust compound annual growth rate (CAGR) of 10.2% over the forecast period. This growth can be attributed to the increasing demand for sustainable urban transportation solutions, the rising popularity of micro-mobility, and technological advancements in scooter manufacturing. The convenience offered by folding electric scooters, especially in urban environments where space is a premium, contributes immensely to their growing popularity among users seeking efficient last-mile connectivity.

One of the key growth factors driving the folding electric scooter market is the increasing emphasis on reducing vehicular emissions. As cities around the world grapple with pollution and traffic congestion, there is a significant push towards adopting eco-friendly transportation alternatives. Folding electric scooters, being zero-emission vehicles, align perfectly with this global trend. Moreover, policies and incentives by governments to promote electric vehicles further bolster market expansion. These scooters provide a flexible and convenient mode of transport, enhancing their appeal among environmentally conscious consumers and commuters who value quick, hassle-free travel options.

Another factor contributing to market growth is technological advancement. Innovations have led to the development of more efficient batteries, enhanced safety features, and improved motor performance, making folding electric scooters more reliable and user-friendly. The advent of smart technologies, such as IoT-enabled scooters, allows users to integrate their scooters with mobile applications for tracking and locking features, which significantly boosts consumer confidence and user experience. Consequently, these technological improvements not only enhance the functionality of folding electric scooters but also broaden their appeal across diverse user demographics.

Additionally, the growing trend of shared mobility services is positively impacting the folding electric scooter market. Companies in the shared mobility sector are increasingly adding folding electric scooters to their fleets to meet the demand for short-distance travel. This trend is particularly noticeable in metropolitan areas where these scooters offer a practical solution to complete the "last-mile" leg of public transport journeys. The convenience and cost-effectiveness of shared scooters encourage more users to adopt this mode of transportation, further fueling market growth.

Regionally, the Asia Pacific is anticipated to dominate the folding electric scooter market due to the high population density and urbanization rate in countries like China and India. In these regions, folding electric scooters are seen as a viable solution to address traffic congestion and pollution issues. Moreover, the presence of key manufacturers in this region, coupled with government policies supporting electric mobility, provides a conducive environment for market development. However, North America and Europe are likely to experience substantial growth as well, driven by the increasing awareness of eco-friendly transportation options and the high disposable income of consumers in these regions.

Product Type Analysis

The folding electric scooter market is segmented by product type into 3-wheel and 2-wheel scooters. The 2-wheel segment holds a substantial share of the market due to its widespread appeal and versatility. These scooters are generally lighter, more compact, and easier to maneuver, making them ideal for urban commuters. The growing preference for 2-wheel folding electric scooters can be attributed to their sleek design and ability to be easily stored in small spaces such as apartments, public transport, and car trunks. Additionally, advancements in material science have led to the development of stronger yet lighter materials, enhancing the performance and portability of 2-wheel scooters.

On the other hand, the 3-wheel segment is gradually gaining traction, especially among users who prioritize stability and safety. These models are designed to provide a more balanced ride, which is particularly beneficial for older adults and those with limited mobility. The added stability of a 3-wheel scooter makes it a preferred option for individuals who might find two-wheelers challenging to balance. The growth in this segment is also supported by innovations that have made 3-wheel scooters more compact a

According to Cognitive Market Research, the global Electric Scooter Sharing market size will be USD 2142.5 million in 2025. It will expand at a compound annual growth rate (CAGR) of 17.00% from 2025 to 2033.

North America held the major market share for more than 40% of the global revenue with a market size of USD 857.00 million in 2025 and will grow at a compound annual growth rate (CAGR) of 15.2% from 2025 to 2033.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 642.75 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 492.78 million in 2025 and will grow at a compound annual growth rate (CAGR) of 19.0% from 2025 to 2033.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 107.13 million in 2025 and will grow at a compound annual growth rate (CAGR) of 16.4% from 2025 to 2033.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 42.85 million in 2025 and will grow at a compound annual growth rate (CAGR) of 16.7% from 2025 to 2033.
The Dockless electric scooter sharing services category led the Electric Scooter Sharing Market.

Market Dynamics of Electric Scooter Sharing Market

Key Drivers for Electric Scooter Sharing Market

Increased Urbanization Fuels Demand for Shared Mobility Solutions to Boost Market Growth

Increased Urbanization drives demand for shared mobility solutions as cities face challenges like traffic congestion, limited parking, and environmental concerns. Rising urban populations intensify the need for efficient, cost-effective, and sustainable transportation options. Shared mobility services, such as ride-hailing, car-sharing, and bike-sharing, address these challenges by optimizing vehicle utilization and reducing individual car ownership. Advances in mobile apps and IoT technology further enhance convenience, fueling consumer adoption. Governments promoting eco-friendly transport through incentives and regulatory support also accelerate growth. As urban centers expand, shared mobility solutions play a critical role in reshaping transportation ecosystems, offering accessibility and sustainability. For instance, in December 2023, Taiwanese company Gogoro debuted the Gogoro CrossOver GX250, a domestically made electric scooter, in India. For Indian riders, the business provides a customized smart scooter. Komatsu made a calculated effort to enter the Indian electric scooter market with the release of these models.

(Source: https://www.gogoro.com/news/gogoro-india-launch/)

Rising eco-consciousness drives electric scooter adoption worldwide

The growing global emphasis on environmental sustainability is a key driver propelling electric scooter adoption worldwide. Rising eco-consciousness has led consumers to seek greener transportation alternatives to reduce carbon emissions and combat climate change. Governments are supporting this shift with incentives such as subsidies, tax breaks, and investments in charging infrastructure. Additionally, increasing Urbanization and traffic congestion have amplified the demand for compact, eco-friendly personal mobility solutions. Technological advancements, including improved battery efficiency and extended ranges, further bolster electric scooter appeal. Together, these factors create a robust ecosystem fostering widespread adoption of electric scooters as a sustainable transportation choice.

Restraint Factor for the Electric Scooter Sharing Market

Maintenance, charging, and rebalancing expenses strain profitability

The Key restraints in the maintenance, charging, and rebalancing of systems stem from high operational costs that significantly impact profitability. These include frequent equipment servicing, expensive charging infrastructure, and labor-intensive processes for rebalancing. The complexity and costs associated with maintaining peak system efficiency and reliability can deter smaller players from entering the market. Additionally, the rising energy prices and the need for specialized staff further inflate operating expenses. As demand grows, businesses face challenges in optimizing these processes without compromising service quality, making cost-effective innovations critical for long-term sustainability and profitability in this competitive landscape.

Market Trends in Electric Scooter S...

The global electric scooter market is experiencing robust growth, projected to reach a market size of $5.129 billion in 2025 and exhibiting a Compound Annual Growth Rate (CAGR) of 13.2% from 2025 to 2033. This significant expansion is driven by several key factors. Increasing environmental concerns are prompting consumers and businesses to adopt eco-friendly transportation alternatives. Furthermore, the rising popularity of micro-mobility solutions in urban areas, coupled with the convenience and affordability of electric scooters, fuels market demand. Government initiatives promoting sustainable transportation and the development of robust charging infrastructure are also contributing to this positive trajectory. The market segmentation reveals strong demand across various applications, including personal use and scooter-sharing programs. The 'with seat' segment is likely to see higher growth compared to the 'without seat' segment due to increased comfort and suitability for longer distances. Leading players like Ninebot, Inmotion, and Razor are actively shaping the market landscape through innovation in design, battery technology, and smart features. The geographical distribution of the market showcases considerable regional variations. North America and Europe are currently significant markets, but the Asia-Pacific region, particularly China and India, presents substantial growth potential due to burgeoning urbanization and a growing middle class. While factors such as stringent safety regulations and concerns regarding battery lifespan and charging infrastructure could act as potential restraints, ongoing technological advancements and supportive government policies are likely to mitigate these challenges. The forecast period, 2025-2033, anticipates continued expansion driven by evolving consumer preferences and the incorporation of innovative features such as improved battery technology, enhanced safety measures, and advanced connectivity.

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The electric two-wheeler motor market share in India is expected to increase by 2446.03 thousand units from 2021 to 2026, and the market’s growth momentum will decelerate at a CAGR of 32.28%.

This electric two-wheeler motor market in India research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers electric two-wheeler motor market segmentation in India by product (in-wheel motor and mid-drive motor) and vehicle type (e-scooter and e-motorcycle). The electric two-wheeler motor market in India report also offers information on several market vendors, including Compage Automation Systems Pvt. Ltd., Dana Inc., EMF Innovations Pte Ltd., Entuple E-Mobility Pvt. Ltd., Konmos Technologies Pvt. Ltd., Physics Motors Technology Pvt. Ltd., Rotomotive Powerdrives India Ltd., SONA BLW Precision Forgings Ltd., Tata Sons Pvt. Ltd., and TSUYO Manufacturing Pvt. Ltd. among others.

What will the Electric Two-wheeler Motor Market Size in India be During the Forecast Period?

Download the Free Report Sample to Unlock the Electric Two-wheeler Motor Market Size in India for the Forecast Period and Other Important Statistics

Electric Two-wheeler Motor Market in India: Key Drivers, Trends, and Challenges

The increasing sales of electric two-wheelers in India is notably driving the electric two-wheeler motor market growth in India, although factors such as lack of operational infrastructure in India may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the electric two-wheeler motor market industry in India. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Electric Two-wheeler Motor Market Driver in India

One of the key factors driving growth in the electric two-wheeler motor market in India is the increasing sales of electric two-wheelers in India. The demand for electric two-wheelers in India is growing at a fast pace. Companies such as Ola Electric, Simple Energy, Bounce Infinity, Tork Motors and Ultraviolette have entered the electric two-wheeler market in India. The two-wheeler market witnessed a 132% jump in the sales of electric two-wheelers in India in 2021 as compared to 2020. In 2021, the total number of electric two-wheelers sold in India were 2,33,977 as compared to 1,00,736 electric two-wheelers sold in 2020. The rising price of oil in the country is driving the demand for electric two-wheelers, which in turn is boosting the demand for electric two- wheeler motor market during the forecast period.

Key Electric Two-wheeler Motor Market Trend in India

The growing movement of multi-speed transmission in electric two-wheelers is a electric two-wheeler motor market trend in India that is expected to have a positive impact in the coming years. Until 2016, most of the electric two-wheeler, were using single-speed transmission technology. However, certain drivetrain manufactures, such as Ather Energy, have plans to develop multi-gear transmission as the single-speed transmission does not perform equally well at low as well as high speeds. Moreover, the multi-gear transmission would deliver greater efficiency as compared with single gear transmission on the suburban driving and in highways. However, for city driving, the single or dual-speed transmission will suffice. EVs with multi-gear transmission technology will have increased vehicle range in terms of distance traveled on one charge. In addition, it will also help in reducing the battery pack size. It will even improve the low-speed pull away and the high-speed driving. All these benefits will lead the OEMs to the adoption of multi-gear transmission in electric two-wheelers.

Key Electric Two-wheeler Motor Market Challenge in India

The lack of operational infrastructure in India will be a major challenge for the electric two-wheeler motor market in India during the forecast period. The lack of proper road infrastructure in India hampers the wide-scale expansion of EV charging infrastructure, as the availability of electricity on roads and highways is essential to set up an EV charging station. Individuals and freight operators using electric two-wheeler vehicles for commercial purposes limit their operations to major cities because the operational infrastructure required for setting up an EV charging station is available mostly in major cities, not in tier-2 and tier-3 cities. Governing bodies are developing charging stations in their respective regions to promote the use of electric two-wheelers for commercial purposes. However, most of them are slow-charging stations that require a considerable amount of time for charging a vehicle, which dissuades the use of electric two-wheel

In financial year 2023, the penetration rate of electric scooters in India was 13 percent. The rate of penetration of electric scooters was predicted to increase considerably till 2030 reach the level to 75 percent.

The Electric Scooter Market size was valued at USD 14.28 USD Billion in 2023 and is projected to reach USD 18.17 USD Billion by 2032, exhibiting a CAGR of 3.5 % during the forecast period. Electric scooters are also known as personal battery-powered transportation devices, which have gained considerable popularity for daily mobility in urban areas. There are several types available in the market of kick scooters, foldable scooters, and even electric mopeds to suit the different needs of the users. Featuring recent technologies such as regenerative braking, LED lights, and connection with the smartphone, they are comfortable, safe, and environmentally friendly cars. Market segments include daily transportation, touring, and leisure riding among others, thus providing a low-emission solution for urban traffic. This is so because they are light in weight and can be easily moved from one place to another hence cutting down on traffic jams and pollution which are brought about by long-distance car travel. Some of the advantages are cost-saving to clients, environmental conservation through the reduction of carbon emissions, and the improvement of citizens’ health due to the uptake of exercise through cycling. Recent developments include: Partnership between Ola Electric and Uber to provide electric scooter ride-sharing services Launch of high-speed electric scooters by BMW and Gogoro Introduction of innovative battery-swapping technology by companies like Gogoro and Hero Electric Government subsidies and incentives for electric scooter adoption in countries like China and India. Key drivers for this market are: Increasing Demand for Forged Products in Power, Agriculture, Aerospace, and Defense to Drive Industry Expansion. Potential restraints include: Lack of Charging Infrastructure May Hamper Market Growth. Notable trends are: Rising Adoption of Automation in Manufacturing to Drive Market Growth.