Government Support, Increasing Investments, and Charging Infrastructure Development Underpin the Rise of India’s Electric Two-Wheeler (e2W) Market
Frost & Sullivan
OCTOBER 16, 2024
Strategic partnerships, infrastructure expansion, battery swapping, battery-as-a-service (BaaS) initiatives, and a focus on innovation and affordability will spark boom in India’s e2W market. Although government subsidies have helped offset these costs, domestic manufacturers still face difficulties in sourcing affordable components.
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