India E-Bikes Market (2025-2031) | Value, Share, Analysis, Forecast, Size & Revenue, Growth, Companies, Outlook, Competitive Landscape, Trends, Segmentation, Industry

Market Forecast By Propulsion Type (Pedal-assisted, Throttle-assisted), By Battery Type (Lithium-ion Battery, Lead-acid Battery), By Power Type (Less than and Equal to 250W, Above 250W), By Application Type (City/Urban, Trekking, Cargo) And Competitive Landscape

Product Code: ETC7542169 Publication Date: Sep 2024 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Vasudha No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

India E-Bikes Market Growth Rate

According to 6Wresearch internal database and industry insights, the India E-Bikes Market is projected to grow at a compound annual growth rate (CAGR) of 13.2% during the forecast period (2025–2031).

Five-Years Growth Trajectory of the India E-Bikes Market with Core Drivers

Below mentioned are the evaluation of year-wise growth rate along with key drivers:

Years Est. Annual Growth (%) Growth Drivers
2020 6 Growing use of e-bikes for short-distance commute and eco-awareness in cities.
2021 8.5 Government policies and higher fuel prices encourage the adoption of electric two-wheelers.
2022 12 Growth of domestic e-bike manufacturing and the existence of global brands in the market.
2023 12.2 Development of charging infrastructure and favorable tax incentives in key cities.
2024 13 Rise in urban demand and wider product variety, from city/urban to trekking e-bikes.

Topics Covered in the India E-Bikes Market Report

The India E-Bikes Market report thoroughly covers the market by propulsion type, battery type, power type, and application type. The report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high-growth areas, and market drivers that will help stakeholders devise and align strategies according to current and future market dynamics.

 India E-Bikes Market Highlights

Report Name  India E-Bikes Market
Forecast period 2025-2031
CAGR 13.2%
Growing Sector Automotive and Transportation

India E-Bikes Market Synopsis

The India E-Bikes Market is anticipated to experience strong growth due to increasing demand for pedal-assisted and throttle-assisted e-bikes in urban areas, trekking regions, and for cargo delivery. Increasing fuel prices, government tax incentives, and urban congestion are fastening the adoption of electric bikes. Domestic manufacturing and technological improvements are contributing to the affordability and variety of models, further driving India E-Bikes Market Growth.

Evaluation of Growth Drivers in the India E-Bikes Market

Below mentioned are some prominent drivers and their influence on the India E-Bikes Market dynamics:

Drivers Primary Segments Affected Why it Matters (Evidence)
Fiscal Incentives and Tax Benefits Pedal-assisted; Throttle-assisted Tax rebates and lower fees make e-bikes more affordable.
Government Focus on Green Mobility Pedal-assisted; Throttle-assisted Government schemes like FAME II boost eco-friendly vehicle demand.
Growth of Charging Infrastructure All Battery Types; FWD/RWD More charging stations improve e-bike convenience.
E-Bike Model Expansion Pedal-assisted; Throttle-assisted Wider model variety with better features increases choices.
Trekking and Cargo Applications Trekking; Cargo Growing use of e-bikes for trekking and delivery supports demand.

The India E-Bikes Market is expected to grow steadily at 13.2% CAGR between 2025 and 2031. The market is propelled by the rapid adoption of pedal-assisted and throttle-assisted e-bikes, coupled by government incentives, growing urban demand, and improving battery technology. The coming of new players from all over the world is providing the demand for domestic production, thus increasing availability and decreasing cost. Furthermore, the expansion of charging infrastructure and introduction of new government schemes will support long-term market growth. As more customers transition towards eco-friendly transportation options, the demand for e-bikes is expected to increase, creating a sustainable future for the market.

Evaluation of Restraints in the India E-Bikes Market

Below mentioned are some major restraints and their influence on the India E-Bikes Market dynamics:

Restraints Primary Segments Affected What this Means (Evidence)
High Upfront Cost Pedal-assisted; Throttle-assisted High upfront costs due to imported parts slow adoption.
Limited Charging Infrastructure All Battery Types Shortage of charging stations in rural areas constraints use.
Policy Uncertainty Pedal-assisted; Throttle-assisted Unpredictability about future subsidies may disturb investment.
Limited Battery Life Lithium-ion; Lead-acid The long-term use of E-bikes is affected due to its battery lifespan.
Lack of Awareness in Rural Areas Pedal-assisted; Throttle-assisted People in rural areas lack awareness of the benefits of E-Bike.

India E-Bikes Market Challenges

Despite growth, there are several key challenges faced by the India E-Bikes Market which includes high initial vehicle costs, restricted charging infrastructure outside major urban areas, and uncertainties regarding government policy on future incentives and subsidies. Special attention is needed for the betterment of battery technology and to extend the lifespan of batteries addressing consumer concerns. Lack of awareness and skilled technicians e-bike maintenance are key hurdles to adoption.

India E-Bikes Market Trends

Several significant trends are impacting the India E-Bikes Market:

  • Rising Demand for E-Bikes: Increased adoption in urban areas due to environmental benefits and cost-effectiveness over traditional vehicles.
  • Government Support for Green Mobility: Programs such as FAME II and incentives for electric vehicle purchases promote adoption.
  • Local Manufacturing and Technological Advancements: Growing local manufacturing reduces costs and increases model variety.
  • Expansion of Charging Infrastructure: Wider charging network improves e-bike accessibility and convenience, supporting adoption.
  • Smart E-Bike Features: The introduction of connected features, such as GPS, mobile apps, and real-time tracking, is becoming common in new models.

Investment Opportunities in the India E-Bikes Industry

Some of the notable investment opportunities are:

  • Battery & Component Manufacturing: Setting up local battery and component manufacturing plants can help reduce reliance on imports.
  • Charging Infrastructure Expansion: Developing a nationwide network of public charging stations will increase consumer convenience and support higher adoption rates.
  • E-Bike Leasing and Financing Models: Offering flexible leasing or financing models can make e-bikes more affordable to a broader range of consumers.
  • Trekking & Cargo E-Bike Production: Expanding the range of trekking and cargo e-bikes can cater to niche markets, such as adventure tourism and last-mile delivery.

Top 5 Leading Players in the India E-Bikes Market

Below is the list of prominent companies leading in the India E-Bikes Market Share:

1. Hero Electric

Company Name Hero Electric
Headquarters New Delhi, India
Established Year 2002
Official Website Click Here

A leading brand in the electric two-wheeler segment, Hero Electric offers a wide range of pedal-assisted e-bikes and is focusing on expanding its electric mobility footprint across India.

2. Ather Energy

Company Name Ather Energy
Headquarters Bangalore, India
Established Year 2013
Official Website Click Here

A pioneering e-bike company, Ather Energy manufactures high-performance electric scooters and e-bikes with advanced features, including smart connectivity and fast charging capabilities.

3. Bajaj Auto

Company Name Bajaj Auto
Headquarters Pune, India
Established Year 1945
Official Website Click Here

A major player in the Indian automotive market, Bajaj Auto has launched electric two-wheelers that cater to the growing demand for eco-friendly urban transport solutions.

4. Okinawa Autotech

Company Name Okinawa Autotech
Headquarters Gurugram, India
Established Year 2015
Official Website Click Here

Known for offering an affordable range of electric scooters and e-bikes, Okinawa focuses on environmentally friendly two-wheelers with high energy efficiency.

5. Ampere Vehicles

Company Name Ampere Vehicles
Headquarters Coimbatore, India
Established Year 2008
Official Website Click Here

A key player in the electric two-wheeler space, Ampere offers a wide range of affordable electric scooters and e-bikes with a focus on innovation and sustainability.

Government Regulations Introduced in the India E-Bikes Market

According to Indian government data, several initiatives are helping the India E-Bikes Market, including tax exemptions for pedal-assisted and throttle-assisted electric bikes. Additionally, schemes like FAME II encourage the adoption of electric vehicles by providing incentives for EV producers and customers. The government is also pushing for a faster roll-out of public charging stations under various green mobility programs, supporting the growth of electric two-wheelers.

Future Insights of the India E-Bikes Market

The India E-Bikes Industry is set for strong growth driven by the increasing adoption of pedal-assisted and throttle-assisted e-bikes in both urban and rural regions. Government incentives, advancements in battery technology, and the expansion of charging infrastructure will further boost market penetration. As more brands enter the market and local manufacturing increases, e-bike costs will reduce, making them accessible to a wider audience. The shift toward eco-friendly transportation and smarter, connected features will continue to accelerate market growth.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories.

By Propulsion Type – Pedal-Assisted to Lead the Market

According to Rashika, Senior Research Analyst, 6Wresearch, pedal-assisted e-bikes dominate the India E-Bikes Market Size due to their high adoption in urban areas where short-distance commuting and the need for assisted pedaling make them ideal for daily use.

By Battery Type – Lithium-Ion to Lead the Market

Lithium-ion batteries dominate the market as they provide higher energy density, longer lifespan, and faster charging compared to traditional lead-acid batteries, making them the preferred choice for e-bikes.

By Power Type – Less Than and Equal to 250W to Dominate the Market

E-bikes with power output less than or equal to 250W dominate the market as they meet regulatory norms and offer adequate power for daily urban commuting.

By Application Type – City/Urban to Lead the Market

City/Urban applications dominate due to the rising demand for eco-friendly, economical, and convenient mobility solutions in congested metro areas, particularly among younger and environmentally conscious consumers.

Key Attractiveness of the Report

  • 10 Years of Market Numbers
  • Historical Data Starting from 2021 to 2024
  • Base Year: 2024
  • Forecast Data until 2031
  • Key Performance Indicators Impacting the Market
  • Major Upcoming Developments and Projects

Key Highlights of the Report:

  • India E-Bikes Market Outlook
  • Market Size of India E-Bikes Market, 2024
  • Forecast of India E-Bikes Market, 2031
  • Historical Data and Forecast of India E-Bikes Revenues & Volume for the Period 2021- 2031
  • India E-Bikes Market Trend Evolution
  • India E-Bikes Market Drivers and Challenges
  • India E-Bikes Price Trends
  • India E-Bikes Porter's Five Forces
  • India E-Bikes Industry Life Cycle
  • Historical Data and Forecast of India E-Bikes Market Revenues & Volume By Propulsion Type for the Period 2021- 2031
  • Historical Data and Forecast of India E-Bikes Market Revenues & Volume By Pedal-assisted for the Period 2021- 2031
  • Historical Data and Forecast of India E-Bikes Market Revenues & Volume By Throttle-assisted for the Period 2021- 2031
  • Historical Data and Forecast of India E-Bikes Market Revenues & Volume By Battery Type for the Period 2021- 2031
  • Historical Data and Forecast of India E-Bikes Market Revenues & Volume By Lithium-ion Battery for the Period 2021- 2031
  • Historical Data and Forecast of India E-Bikes Market Revenues & Volume By Lead-acid Battery for the Period 2021- 2031
  • Historical Data and Forecast of India E-Bikes Market Revenues & Volume By Power Type for the Period 2021- 2031
  • Historical Data and Forecast of India E-Bikes Market Revenues & Volume By Less than and Equal to 250W for the Period 2021- 2031
  • Historical Data and Forecast of India E-Bikes Market Revenues & Volume By Above 250W for the Period 2021- 2031
  • Historical Data and Forecast of India E-Bikes Market Revenues & Volume By Application Type for the Period 2021- 2031
  • Historical Data and Forecast of India E-Bikes Market Revenues & Volume By City/Urban for the Period 2021- 2031
  • Historical Data and Forecast of India E-Bikes Market Revenues & Volume By Trekking for the Period 2021- 2031
  • Historical Data and Forecast of India E-Bikes Market Revenues & Volume By Cargo for the Period 2021- 2031
  • India E-Bikes Import Export Trade Statistics
  • Market Opportunity Assessment By Propulsion Type
  • Market Opportunity Assessment By Battery Type
  • Market Opportunity Assessment By Power Type
  • Market Opportunity Assessment By Application Type
  • India E-Bikes Top Companies Market Share
  • India E-Bikes Competitive Benchmarking By Technical and Operational Parameters
  • India E-Bikes Company Profiles
  • India E-Bikes Key Strategic Recommendations

Markets Covered

The report offers a comprehensive study of the subsequent market segments:

By Propulsion Type

  • Pedal-assisted
  • Throttle-assisted

By Battery Type

  • Lithium-ion Battery
  • Lead-acid Battery

By Power Type

  • Less than and Equal to 250W
  • Above 250W

By Application Type

  • City/Urban
  • Trekking
  • Cargo

India E-Bikes Market (2025-2031) : FAQ's

The India E-Bikes Market is projected to grow at a CAGR of 13.2% during the forecast period.
Growth is driven by government incentives, rising fuel prices, urban congestion, expanding local manufacturing, and increasing demand for clean mobility solutions.
Key policies include tax benefits for e-bikes, exemptions from road tax, FAME II incentives, and plans for expanding the charging network and promoting eco-friendly transport.
Key restraints include high upfront costs, limited charging infrastructure in rural areas, and low awareness of e-bike benefits outside major cities.
6Wresearch actively monitors the India E-Bikes Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India E-Bikes Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 India E-Bikes Market Overview
3.1 India Country Macro Economic Indicators
3.2 India E-Bikes Market Revenues & Volume, 2021 & 2031F
3.3 India E-Bikes Market - Industry Life Cycle
3.4 India E-Bikes Market - Porter's Five Forces
3.5 India E-Bikes Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F
3.6 India E-Bikes Market Revenues & Volume Share, By Battery Type, 2021 & 2031F
3.7 India E-Bikes Market Revenues & Volume Share, By Power Type, 2021 & 2031F
3.8 India E-Bikes Market Revenues & Volume Share, By Application Type, 2021 & 2031F
4 India E-Bikes Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.2.1 Government initiatives and incentives promoting eco-friendly transportation solutions.
4.2.2 Rising awareness about environmental sustainability and reducing carbon footprint.
4.2.3 Increasing urbanization and traffic congestion, driving the need for efficient and convenient modes of transport.
4.3 Market Restraints
4.3.1 High initial cost of e-bikes compared to traditional bicycles.
4.3.2 Limited charging infrastructure in certain regions hindering widespread adoption.
4.3.3 Concerns regarding battery life, range anxiety, and overall reliability of e-bikes.
5 India E-Bikes Market Trends
6 India E-Bikes Market, By Types
6.1 India E-Bikes Market, By Propulsion Type
6.1.1 Overview and Analysis
6.1.2 India E-Bikes Market Revenues & Volume, By Propulsion Type, 2021- 2031F
6.1.3 India E-Bikes Market Revenues & Volume, By Pedal-assisted, 2021- 2031F
6.1.4 India E-Bikes Market Revenues & Volume, By Throttle-assisted, 2021- 2031F
6.2 India E-Bikes Market, By Battery Type
6.2.1 Overview and Analysis
6.2.2 India E-Bikes Market Revenues & Volume, By Lithium-ion Battery, 2021- 2031F
6.2.3 India E-Bikes Market Revenues & Volume, By Lead-acid Battery, 2021- 2031F
6.3 India E-Bikes Market, By Power Type
6.3.1 Overview and Analysis
6.3.2 India E-Bikes Market Revenues & Volume, By Less than and Equal to 250W, 2021- 2031F
6.3.3 India E-Bikes Market Revenues & Volume, By Above 250W, 2021- 2031F
6.4 India E-Bikes Market, By Application Type
6.4.1 Overview and Analysis
6.4.2 India E-Bikes Market Revenues & Volume, By City/Urban, 2021- 2031F
6.4.3 India E-Bikes Market Revenues & Volume, By Trekking, 2021- 2031F
6.4.4 India E-Bikes Market Revenues & Volume, By Cargo, 2021- 2031F
7 India E-Bikes Market Import-Export Trade Statistics
7.1 India E-Bikes Market Export to Major Countries
7.2 India E-Bikes Market Imports from Major Countries
8 India E-Bikes Market Key Performance Indicators
8.1 Average daily usage per e-bike.
8.2 Number of charging stations per capita.
8.3 Percentage of e-bike users who have switched from traditional bicycles.
8.4 Average distance traveled per e-bike per month.
8.5 Customer satisfaction score with e-bike performance and durability.
9 India E-Bikes Market - Opportunity Assessment
9.1 India E-Bikes Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F
9.2 India E-Bikes Market Opportunity Assessment, By Battery Type, 2021 & 2031F
9.3 India E-Bikes Market Opportunity Assessment, By Power Type, 2021 & 2031F
9.4 India E-Bikes Market Opportunity Assessment, By Application Type, 2021 & 2031F
10 India E-Bikes Market - Competitive Landscape
10.1 India E-Bikes Market Revenue Share, By Companies, 2024
10.2 India E-Bikes Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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