India Light Electric Vehicles (LEVs) Market (2025-2031) Outlook | Trends, Companies, Size, Analysis, Share, Industry, Revenue, Value, Forecast & Growth
Market Forecast By Application (Personal Mobility, Shared Mobility, Recreation & Sports, Commercial), By Vehicle Category (2-wheelers, 3-wheelers, 4-wheelers), By Power Output (Less than 6 kW, 6-9 kW, 9-15 kW) And Competitive Landscape
| Product Code: ETC4567825 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
India Light Electric Vehicles (LEVs) Market Overview
The market for light electric vehicles (LEVs), including electric scooters and bicycles, is rapidly growing in India. LEVs offer an eco-friendly and cost-effective mode of transportation, especially in urban areas. As India grapples with traffic congestion and pollution, LEVs are becoming increasingly popular, and numerous companies are entering the market to cater to the rising demand. This segment is contributing to sustainable and efficient last-mile connectivity in India cities.
Drivers of the Market
The growth of the light electric vehicles (LEVs) market in India is primarily driven by the increasing focus on sustainable and eco-friendly transportation solutions. The government`s initiatives to reduce emissions and promote electric mobility are encouraging the adoption of LEVs. The cost-effectiveness and ease of use of LEVs also attract consumers, making them a popular choice for short commutes and last-mile connectivity.
Challenges of the Market
Challenges include regulatory hurdles, charging infrastructure, and consumer awareness and acceptance of LEVs as a viable mode of transportation.
COVID-19 Impact on the Market
The light electric vehicles market in India experienced mixed impacts during the pandemic, with a decline in demand due to reduced mobility but potential growth opportunities in the post-COVID era as cities focus on sustainable transportation solutions.
Key Players in the Market
Major players in India light electric vehicles market consist of Hero Electric, Okinawa Autotech, and Ampere Vehicles.
Key Highlights of the Report:
- India Light Electric Vehicles (LEVs) Market Outlook
- Market Size of India Light Electric Vehicles (LEVs) Market, 2024
- Forecast of India Light Electric Vehicles (LEVs) Market, 2031
- Historical Data and Forecast of India Light Electric Vehicles (LEVs) Revenues & Volume for the Period 2021-2031
- India Light Electric Vehicles (LEVs) Market Trend Evolution
- India Light Electric Vehicles (LEVs) Market Drivers and Challenges
- India Light Electric Vehicles (LEVs) Price Trends
- India Light Electric Vehicles (LEVs) Porter's Five Forces
- India Light Electric Vehicles (LEVs) Industry Life Cycle
- Historical Data and Forecast of India Light Electric Vehicles (LEVs) Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of India Light Electric Vehicles (LEVs) Market Revenues & Volume By Personal Mobility for the Period 2021-2031
- Historical Data and Forecast of India Light Electric Vehicles (LEVs) Market Revenues & Volume By Shared Mobility for the Period 2021-2031
- Historical Data and Forecast of India Light Electric Vehicles (LEVs) Market Revenues & Volume By Recreation & Sports for the Period 2021-2031
- Historical Data and Forecast of India Light Electric Vehicles (LEVs) Market Revenues & Volume By Commercial for the Period 2021-2031
- Historical Data and Forecast of India Light Electric Vehicles (LEVs) Market Revenues & Volume By Vehicle Category for the Period 2021-2031
- Historical Data and Forecast of India Light Electric Vehicles (LEVs) Market Revenues & Volume By 2-wheelers for the Period 2021-2031
- Historical Data and Forecast of India Light Electric Vehicles (LEVs) Market Revenues & Volume By 3-wheelers for the Period 2021-2031
- Historical Data and Forecast of India Light Electric Vehicles (LEVs) Market Revenues & Volume By 4-wheelers for the Period 2021-2031
- Historical Data and Forecast of India Light Electric Vehicles (LEVs) Market Revenues & Volume By Power Output for the Period 2021-2031
- Historical Data and Forecast of India Light Electric Vehicles (LEVs) Market Revenues & Volume By Less than 6 kW for the Period 2021-2031
- Historical Data and Forecast of India Light Electric Vehicles (LEVs) Market Revenues & Volume By 6-9 kW for the Period 2021-2031
- Historical Data and Forecast of India Light Electric Vehicles (LEVs) Market Revenues & Volume By 9-15 kW for the Period 2021-2031
- India Light Electric Vehicles (LEVs) Import Export Trade Statistics
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Vehicle Category
- Market Opportunity Assessment By Power Output
- India Light Electric Vehicles (LEVs) Top Companies Market Share
- India Light Electric Vehicles (LEVs) Competitive Benchmarking By Technical and Operational Parameters
- India Light Electric Vehicles (LEVs) Company Profiles
- India Light Electric Vehicles (LEVs) Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the India Light Electric Vehicles (LEVs) 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 Light Electric Vehicles (LEVs) Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Light Electric Vehicles (LEVs) Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Light Electric Vehicles (LEVs) Market Revenues & Volume, 2021 & 2031F |
3.3 India Light Electric Vehicles (LEVs) Market - Industry Life Cycle |
3.4 India Light Electric Vehicles (LEVs) Market - Porter's Five Forces |
3.5 India Light Electric Vehicles (LEVs) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 India Light Electric Vehicles (LEVs) Market Revenues & Volume Share, By Vehicle Category, 2021 & 2031F |
3.7 India Light Electric Vehicles (LEVs) Market Revenues & Volume Share, By Power Output, 2021 & 2031F |
4 India Light Electric Vehicles (LEVs) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government incentives and subsidies promoting adoption of light electric vehicles (LEVs) |
4.2.2 Increasing urbanization and congestion in cities driving demand for eco-friendly transportation solutions |
4.2.3 Growing awareness about environmental sustainability and the need to reduce carbon footprint |
4.3 Market Restraints |
4.3.1 Lack of charging infrastructure hindering widespread adoption of LEVs |
4.3.2 High upfront costs of LEVs compared to traditional vehicles |
4.3.3 Limited range and battery life of current LEV models impacting consumer confidence |
5 India Light Electric Vehicles (LEVs) Market Trends |
6 India Light Electric Vehicles (LEVs) Market, By Types |
6.1 India Light Electric Vehicles (LEVs) Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Light Electric Vehicles (LEVs) Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 India Light Electric Vehicles (LEVs) Market Revenues & Volume, By Personal Mobility, 2021-2031F |
6.1.4 India Light Electric Vehicles (LEVs) Market Revenues & Volume, By Shared Mobility, 2021-2031F |
6.1.5 India Light Electric Vehicles (LEVs) Market Revenues & Volume, By Recreation & Sports, 2021-2031F |
6.1.6 India Light Electric Vehicles (LEVs) Market Revenues & Volume, By Commercial, 2021-2031F |
6.2 India Light Electric Vehicles (LEVs) Market, By Vehicle Category |
6.2.1 Overview and Analysis |
6.2.2 India Light Electric Vehicles (LEVs) Market Revenues & Volume, By 2-wheelers, 2021-2031F |
6.2.3 India Light Electric Vehicles (LEVs) Market Revenues & Volume, By 3-wheelers, 2021-2031F |
6.2.4 India Light Electric Vehicles (LEVs) Market Revenues & Volume, By 4-wheelers, 2021-2031F |
6.3 India Light Electric Vehicles (LEVs) Market, By Power Output |
6.3.1 Overview and Analysis |
6.3.2 India Light Electric Vehicles (LEVs) Market Revenues & Volume, By Less than 6 kW, 2021-2031F |
6.3.3 India Light Electric Vehicles (LEVs) Market Revenues & Volume, By 6-9 kW, 2021-2031F |
6.3.4 India Light Electric Vehicles (LEVs) Market Revenues & Volume, By 9-15 kW, 2021-2031F |
7 India Light Electric Vehicles (LEVs) Market Import-Export Trade Statistics |
7.1 India Light Electric Vehicles (LEVs) Market Export to Major Countries |
7.2 India Light Electric Vehicles (LEVs) Market Imports from Major Countries |
8 India Light Electric Vehicles (LEVs) Market Key Performance Indicators |
8.1 Average daily charging stations installed in key urban areas |
8.2 Percentage increase in public transportation fleets integrating LEVs |
8.3 Growth in number of LEV manufacturers offering affordable models |
8.4 Reduction in average charging time for LEV batteries |
8.5 Increase in the number of LEV charging stations per capita |
9 India Light Electric Vehicles (LEVs) Market - Opportunity Assessment |
9.1 India Light Electric Vehicles (LEVs) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 India Light Electric Vehicles (LEVs) Market Opportunity Assessment, By Vehicle Category, 2021 & 2031F |
9.3 India Light Electric Vehicles (LEVs) Market Opportunity Assessment, By Power Output, 2021 & 2031F |
10 India Light Electric Vehicles (LEVs) Market - Competitive Landscape |
10.1 India Light Electric Vehicles (LEVs) Market Revenue Share, By Companies, 2024 |
10.2 India Light Electric Vehicles (LEVs) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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