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NITI Aayog and TIFAC report predicts 72 pc penetration of electric two-wheelers by 2031

NITI Aayog and TIFAC report predicts 72 pc penetration of electric two-wheelers by 2031

Jun 30, 2022, at 05:38 am

New Delhi: A hundred percent penetration of electric two-wheelers in the Indian market by FY 2026–27 is possible in an optimistic scenario while in a technology-driven scenario where current incentives are withdrawn by 2024, 72 percent penetration is likely by 2031, a NITI Aayog and TIFAC report has predicted.