India Electric Scooter Market (2025-2031) | Outlook, Forecast, Trends, Size, Value, Companies, Analysis, Share, Revenue, Industry & Growth

India Electric Scooter Market Growth Rate

Five-Years Growth Trajectory of the India Electric Scooter Market with Core Drivers

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

Topics Covered in the India Electric Scooter Market Report

The India Electric Scooter Market report thoroughly covers the market by vehicle type, battery type, voltage, and government regulations. The market report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high-growth areas, and market drivers, which would help stakeholders devise and align their market strategies according to the current and future market dynamics.

India Electric Scooter Market Highlights

India Electric Scooter Market Synopsis

The India Electric Scooter Market is expected to witness rapid growth, driven by rising fuel prices, growing urbanization, and favorable government policies promoting green mobility. As consumers become more environmentally conscious and seek cost-effective transportation options, electric scooters are becoming a popular choice in India urban and suburban regions. Government initiatives such as subsidies, tax rebates, and the promotion of charging infrastructure further accelerate the adoption of electric scooters in the country.

Evaluation of Growth Drivers in the India Electric Scooter Market

Below mentioned are some growth drivers and their impact on market dynamics:

The India Electric Scooter Market is projected to grow significantly, with a CAGR of 21.4% during the forecast period of 2025-2031. The growing government initiatives and subsidies for electric scooter adoption and usage, due to growing environmental concerns, are the major factors for this industry growth. Further, increasing fuel prices have led to making electric scooters the most prominent option among other alternatives. Also, growing traffic and urbanization are pushing this industry growth. Consequently, growing technological advancements are making betterment in the industry by making batteries more efficient and charging faster. Growing infrastructure for easy charging of these vehicles is also contributing towards the industry expansion.

Evaluation of Restraints in the India Electric Scooter Market

Below mentioned are some major restraints and their influence on market dynamics:

India Electric Scooter Market Challenges

The Indian electric scooter market faces challenges such as high initial costs, which remain a barrier despite government incentives. Also, practically speaking, travelling long distances is not possible with these vehicles right now, as there are limited battery charging points in rural areas. Also, less knowledge among consumers regarding the benefits provided by the government on the adoption of EVs limits this industry expansion. Safety concerns regarding the usage of these vehicles and regulatory hurdles are also among the key challenges that this industry faces.

India Electric Scooter Market Trends

Some major trends contributing to the development of the India Electric Scooter Market Growth are:

• Government Incentives & Policies: Schemes like FAME reduce the upfront cost of electric scooters, making them more affordable for consumers.
• Technological Advancements in Battery Technology: Improved battery efficiency, faster charging, and longer lifespan make electric scooters more reliable and practical.
• Expansion of Charging Infrastructure: More charging stations in urban and rural areas help increase the adoption of electric scooters.
• Environmental Awareness: Growing concern about carbon emissions drives consumers toward zero-emission electric scooters.
• Ride-Sharing & E-commerce: The rise of electric scooters in ride-sharing and e-commerce platforms boosts market reach.

Investment Opportunities in the India Electric Scooter Market

Here are some investment opportunities in the India Electric Scooter Industry:

• Charging Infrastructure Development: Expanding charging stations, especially in underserved areas, is key to supporting electric scooter adoption.
• Battery Manufacturing and R&D: Putting more into advanced battery tech can enhance range and lower costs, attracting more consumers.
• Local Manufacturing: Setting up local production for scooters and key components can lower costs and streamline supply chains.
• Sustainable Practices: Eco-friendly manufacturing and recyclable batteries meet the demand for environmentally conscious products.
• E-commerce Platforms: Investing in online sales and electric scooter rentals can increase market penetration.

Top 5 Leading Players in the India Electric Scooter Market

Here are some top companies contributing to India Electric Scooter Market Share:

1. Ather Energy

Ather Energy is a leading player in the Indian electric scooter market, known for its innovative designs and smart electric scooters. Their focus on high-quality products and expanding charging infrastructure has positioned them as a top contender in the market.

2. Bajaj Auto

Bajaj Auto is one of India’s oldest and largest motorcycle manufacturers. Their entry into the electric scooter market with the Bajaj Chetak electric scooter has further strengthened their position in the emerging electric vehicle space.

3. Hero Electric

Hero Electric is a key player in India’s electric scooter market, offering a wide range of affordable and eco-friendly electric scooters suitable for urban commuting.

4. TVS Motor Company

TVS Motor Company has expanded into the electric scooter market with the TVS iQube, which is well-received for its performance, affordability, and range, making it one of the top players in the market.

5. Ola Electric

Ola Electric is a rapidly growing player in the electric scooter market in India. With innovative products like the Ola S1, Ola has quickly gained traction in the market, aiming to lead in the electric mobility sector.

Government Regulations Introduced in the India Electric Scooter Market

According to the Indian government data, It has initiated various programs, including the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) plan, which offers financial incentives to consumers acquiring electric vehicles. The government has established initiatives to enhance the development of electric vehicle charging infrastructure and to augment the production of electric automobiles in India. These policies seek to diminish reliance on fossil fuels, decrease emissions, and foster sustainable transportation within the nation.

Future Insights of the India Electric Scooter Market

The future of the India Electric Scooter Market looks promising, with strong growth expected. Government support, rising fuel prices, and increased environmental awareness will continue to drive demand. Technological advancements, such as improved battery range and faster charging, will enhance the appeal of electric scooters. As charging infrastructure expands, adoption will accelerate, particularly in urban areas. These factors combined ensure a positive outlook, positioning the market for sustained growth and innovation in the coming years.

Market Segmentation Analysis

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

Retro Electric Scooters to Dominate the Market - By Product Type

According to Guneet Kaur, Senior Research Analyst, 6Wresearch, the retro electric scooter segment is experiencing rapid growth due to its growing popularity among urban consumers seeking stylish, eco-friendly alternatives to traditional vehicles. These scooters combine modern technology with classic designs, attracting a broader market.

Li-Ion Batteries to Dominate the Market - By Battery Type

The Li-Ion battery segment is the fastest-growing due to its higher energy efficiency, longer lifespan, and reduced charging times. These batteries are ideal for electric scooters, enhancing performance and reducing maintenance needs, thus driving consumer preference towards this battery type.

Greater than 48V to Dominate the Market - By Voltage Type

The greater than 48V voltage type is growing quickly as it offers improved power and range, making it suitable for higher-performance electric scooters. These scooters are preferred for longer distances and better handling, catering to consumers seeking more robust solutions.

Key attractiveness of the report

• 10 Years 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 Electric Scooters Market Outlook
• Market Size of India Electric Scooters Market, 2024
• Forecast of India Electric Scooters Market, 2031
• Historical Data and Forecast of India Electric Scooters Revenues & Volume for the Period 2021-2031
• India Electric Scooters Market Trend Evolution
• India Electric Scooters Market Drivers and Challenges
• India Electric Scooters Price Trends
• India Electric Scooters Porter's Five Forces
• India Electric Scooters Industry Life Cycle
• Historical Data and Forecast of India Electric Scooters Market Revenues & Volume By Product Type for the Period 2021-2031
• Historical Data and Forecast of India Electric Scooters Market Revenues & Volume By Retro for the Period 2021-2031
• Historical Data and Forecast of India Electric Scooters Market Revenues & Volume By Standing/Self-Balancing for the Period 2021-2031
• Historical Data and Forecast of India Electric Scooters Market Revenues & Volume By Folding for the Period 2021-2031
• Historical Data and Forecast of India Electric Scooters Market Revenues & Volume By Battery Type for the Period 2021-2031
• Historical Data and Forecast of India Electric Scooters Market Revenues & Volume By Sealed Lead Acid for the Period 2021-2031
• Historical Data and Forecast of India Electric Scooters Market Revenues & Volume By NiMH for the Period 2021-2031
• Historical Data and Forecast of India Electric Scooters Market Revenues & Volume By Li-Ion for the Period 2021-2031
• Historical Data and Forecast of India Electric Scooters Market Revenues & Volume By Voltage Type for the Period 2021-2031
• Historical Data and Forecast of India Electric Scooters Market Revenues & Volume By 24V for the Period 2021-2031
• Historical Data and Forecast of India Electric Scooters Market Revenues & Volume By 36V for the Period 2021-2031
• Historical Data and Forecast of India Electric Scooters Market Revenues & Volume By 48V for the Period 2021-2031
• Historical Data and Forecast of India Electric Scooters Market Revenues & Volume By Greater than 48V for the Period 2021-2031
• India Electric Scooters Import Export Trade Statistics
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By Battery Type
• Market Opportunity Assessment By Voltage Type
• India Electric Scooters Top Companies Market Share
• India Electric Scooters Competitive Benchmarking By Technical and Operational Parameters
• India Electric Scooters Company Profiles
• India Electric Scooters Key Strategic Recommendations

Market Covered

The report subsequently covers the market by following segments and subsegments:

By Product Type:

• Retro
• Standing/Self-Balancing
• Folding

By Battery Type:

• Sealed Lead Acid
• NiMH
• Li-Ion

By Voltage Type:

• 24V
• 36V
• 48V
• Greater than 48V