Forecasting penetration of electric two-wheelers in India

NITI Aayog has proposed a regulatory framework for electric mobility even as it forecasts electric two-wheelers sales in India to jump to 22.01 million by 2031 as against 0.23 million in 2021 if demand incentives continue beyond 2024 and battery cost reduces while the power goes up due to significant improvement in technology. At a certain point of time in future there may be an appropriate ecosystem for enforcement of a regulation towards electric mobility or other clean transport options, the Aayog said in its report Forecasting Penetration of Electric Two-Wheelers in India, jointly developed with TIFAC.