• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor

    India Electric Motorcycle Market

    ID: MRFR/AM/45364-HCR
    200 Pages
    Garvit Vyas
    September 2025

    India Electric Motorcycle Market Research Report By Range (Below 75 Miles, 75-100 Miles, Above 100 Miles), By Battery Type (Li-ion, Lead Acid, Nickel Metal Hydride) and By Voltage (Below 24 Volt, 24-48 volt, 48-60 volt, Above 60 volt) - Forecast to 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    India Electric Motorcycle Market Infographic
    Purchase Options
    $ 4,950.0
    $ 5,950.0
    $ 7,250.0

    India Electric Motorcycle Market Summary

    The India Electric Motorcycle Market is projected to experience substantial growth, reaching 12 USD Billion by 2035 from a base of 1.5 USD Billion in 2024.

    Key Market Trends & Highlights

    India Electric Motorcycle Key Trends and Highlights

    • The market is expected to grow from 1.5 USD Billion in 2024 to 12 USD Billion by 2035.
    • A compound annual growth rate (CAGR) of 20.81% is anticipated from 2025 to 2035.
    • The increasing demand for eco-friendly transportation solutions is likely to drive market expansion.
    • Growing adoption of electric motorcycles due to rising environmental concerns is a major market driver.

    Market Size & Forecast

    2024 Market Size 1.5 (USD Billion)
    2035 Market Size 12 (USD Billion)
    CAGR (2025 - 2035) 20.81%

    Major Players

    Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Tesla Inc (US), Meta Platforms Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

    India Electric Motorcycle Market Trends

    The India Electric Motorcycle Market is experiencing significant growth driven by a combination of trends and emerging opportunities. One of the key market drivers is the increasing emphasis on reducing air pollution and carbon emissions. The Indian government has prioritized electric mobility as part of its National Electric Mobility Mission Plan, incentivizing manufacturers and consumers alike. 

    As cities grapple with pollution concerns, electric motorcycles present a cleaner alternative, making them appealing in urban areas. Moreover, rising fuel prices and the need for cost-effective transportation are further accelerating the shift toward electric motorcycles, as they offer lower operating costs compared to traditional fuel-based vehicles. Opportunities are emerging for manufacturers to explore advancements in battery technology and charging infrastructure. The Indian government is encouraging investments in electric vehicle infrastructure, which directly impacts the electric motorcycle market.

    With initiatives like Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME), companies can capture the growing demand for electric motorcycles driven by a younger generation that values sustainability. 

    Moreover, the increasing affordability of electric motorcycles, supported by favorable government subsidies, creates a wider market for consumers. Recent times have seen a surge in consumer interest in electric vehicles, with social media and increased awareness contributing to this shift. Innovations in design and performance features are also playing a pivotal role in attracting customers, as several startups and established manufacturers launch new electric motorcycle models. 

    Furthermore, partnerships between electric vehicle makers and technology firms are leading to the development of smart features in motorcycles, enhancing their appeal. Collectively, these elements shape the evolving landscape of the India Electric Motorcycle Market, highlighting a dynamic shift towards sustainable transportation solutions.

    The Indian electric motorcycle market is poised for transformative growth, driven by increasing environmental awareness and supportive government policies aimed at promoting sustainable transportation solutions.

    Ministry of Heavy Industries and Public Enterprises, Government of India

    India Electric Motorcycle Market Drivers

    Market Growth Projections

    Rising Environmental Awareness

    Increasing environmental consciousness among consumers is a pivotal driver for the Global India Electric Motorcycle Market Industry. As urban pollution levels rise, there is a growing demand for cleaner transportation alternatives. Electric motorcycles, which produce zero tailpipe emissions, are becoming a preferred choice for eco-conscious consumers. This shift in consumer behavior is likely to accelerate market growth, with forecasts suggesting a remarkable increase in market size to 12 USD Billion by 2035. The emphasis on sustainable transportation solutions aligns with global trends towards reducing carbon footprints, further propelling the adoption of electric motorcycles in India.

    Government Initiatives and Policies

    The Global India Electric Motorcycle Market Industry is significantly influenced by various government initiatives aimed at promoting electric mobility. The Indian government has introduced policies such as the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme, which incentivizes electric vehicle adoption through subsidies and tax benefits. These initiatives are expected to drive the market's growth, with projections indicating that the market could reach a valuation of 1.5 USD Billion in 2024. Such supportive measures not only enhance consumer confidence but also encourage manufacturers to invest in electric motorcycle technology, thereby fostering a conducive environment for market expansion.

    Urbanization and Traffic Congestion

    Rapid urbanization and increasing traffic congestion in Indian cities are driving the demand for electric motorcycles within the Global India Electric Motorcycle Market Industry. As urban populations swell, traditional modes of transportation are becoming less viable due to traffic jams and limited parking spaces. Electric motorcycles offer a practical solution, providing maneuverability and ease of parking. This trend is likely to contribute to the market's expansion, as consumers seek efficient alternatives to navigate congested urban environments. The growing preference for electric motorcycles as a solution to urban mobility challenges is expected to play a significant role in shaping the industry's future.

    Cost-Effectiveness and Lower Operating Costs

    The cost-effectiveness of electric motorcycles is a significant driver for the Global India Electric Motorcycle Market Industry. With lower operating costs compared to traditional gasoline-powered vehicles, electric motorcycles present an attractive option for budget-conscious consumers. The reduced expenses associated with fuel and maintenance make electric motorcycles a financially viable choice. As the market matures, the total cost of ownership is expected to decrease further, enhancing their appeal. This economic advantage is likely to stimulate demand, contributing to the anticipated market growth trajectory, with projections indicating a market size of 12 USD Billion by 2035.

    Technological Advancements in Battery Technology

    Advancements in battery technology play a crucial role in shaping the Global India Electric Motorcycle Market Industry. Innovations such as lithium-ion batteries and solid-state batteries are enhancing the performance and efficiency of electric motorcycles. These improvements lead to longer ranges and shorter charging times, addressing consumer concerns regarding usability. As manufacturers adopt these technologies, the market is expected to witness substantial growth, with a projected CAGR of 20.81% from 2025 to 2035. This technological evolution not only boosts consumer confidence but also attracts investments in the electric motorcycle sector, thereby fostering a competitive landscape.

    Market Segment Insights

    Electric Motorcycle Market Range Insights  

    The India Electric Motorcycle Market presents a diverse landscape, particularly in the Range segment, where it is crucial to understand consumer preferences based on distance requirements. As interested consumers gravitate towards electric motorcycles for their eco-friendliness and low operating costs, the Range segment caters specifically to varying needs. The demographics of urban commuters heavily influence the market; shorter-range motorcycles, typically categorized as Below 75 Miles, appeal to city dwellers whose daily commutes often fall within this limitation.

    This category often finds popularity among first-time buyers who seek cost-effective and practical transportation solutions, especially in densely populated areas where charging infrastructure is gradually improving.

    In contrast, the 75-100 Miles segment serves a mixed audience, including both casual riders and some daily commuters who may require slightly more range for longer commutes. This sub-segment’s appeal is bolstered by advancements in battery technology, which are continuously enhancing the performance and reliability of electric motorcycles. Consumers in this category may prioritize features like faster charging times and regenerative braking systems, which provide both versatility and greater range stability, catering to individuals who do not wish to compromise on performance. 

    Moreover, the Above 100 Miles range showcases higher performance and premium electric motorcycles, targeting enthusiasts and professionals looking for more than just basic functionality. This segment benefits from a growing trend of distance travel and adventure riding, drawing attention from consumers looking for eco-friendly options that do not shy away from long trips. The emphasis on battery efficiency and high-capacity charging solutions enhances the viability of this category, making it an attractive choice for those desiring both reliability and resilience.

    Additionally, government initiatives supporting electric mobility across India further catalyze the adoption of various range options, facilitating a comprehensive framework for consumers considering electric motorcycle investment. 

    Electric Motorcycle Market Battery Type Insights  

    The India Electric Motorcycle Market, particularly within the Battery Type segment, presents a dynamic landscape as innovations continue to shape consumer preferences and industry standards. Li-ion batteries have emerged as a dominant force in this market owing to their high energy density and lightweight characteristics, making them particularly suitable for electric motorcycles that demand efficiency and performance. 

    Lead Acid batteries, despite their traditional role in the market, face growing competition from advanced alternatives, but they still find application due to their lower initial cost. Nickel Metal Hydride batteries, while less common, offer a hybrid solution that appeals to specific customer bases interested in eco-friendly options. The growth of the market in India can be largely attributed to government initiatives aimed at promoting clean energy transportation and the increasing consumer shift towards sustainable mobility solutions. 

    Furthermore, the rise in fuel prices and urban congestion presents substantial opportunities for electric motorcycles powered by these battery types, emphasizing their significance in meeting both environmental goals and consumer demands in this evolving industry. As the market adapts, each battery type's distinct advantages and attributes continue to drive growth and innovation within the sector.

    Electric Motorcycle Market Voltage Insights  

    The India Electric Motorcycle Market exhibits diverse opportunities across its voltage segmentation, catering to varying consumer needs and preferences. The Below 24 Volt category often attracts entry-level motorcycles, appealing to first-time buyers looking for affordability and urban commuting solutions. The 24-48 Volt segment caters to a growing demographic interested in practicality and efficiency for short-distance travel, striking a balance between performance and range. 

    Meanwhile, the 48-60 Volt range is popular among urban commuters needing reliable performance with greater power capabilities, making it suitable for a range of uses from daily commuting to leisure rides. Finally, the Above 60 Volt segment is characterized by higher-performance electric motorcycles that cater to enthusiasts and those seeking advanced features and long-range capabilities. Each voltage category plays a significant role in shaping consumer adoption and market growth, reflecting the diverse requirements and preferences within India's burgeoning electric motorcycle industry.

    The increasing focus on sustainability, coupled with government initiatives aimed at promoting electric mobility, presents substantial growth opportunities across all voltage segments, contributing to the overall industry dynamics.

    Get more detailed insights about India Electric Motorcycle Market Research Report - Forecast to 2035

    Key Players and Competitive Insights

    The India Electric Motorcycle Market has been experiencing significant growth due to the increasing demand for sustainable transportation solutions and government initiatives aimed at promoting electric vehicles. With a rising awareness of environmental issues, consumers are more inclined toward adopting electric motorcycles as a viable alternative to conventional fossil-fuel vehicles. This segment of the automotive market is characterized by intense competition among various manufacturers, each vying to capture market share through innovative technology, design, and pricing strategies. 

     Key players are continuously investing in research and development to enhance battery technology, increase range, and reduce charging time, which are critical factors influencing consumer choices. In addition to tackling infrastructural challenges, companies are also focusing on expanding their dealership networks to improve accessibility for potential buyers, driving the growth of electric motorcycles in India. Tork Motors has carved a niche for itself within the India Electric Motorcycle Market with its focus on performance and innovation. 

    The company stands out by providing high-performance electric motorcycles that cater to the needs of the urban commuting population while also appealing to enthusiasts. Tork Motors has developed a robust brand presence within the country, primarily due to its commitment to technology and engineering excellence. The company's strengths lie in its well-established RD capabilities, which enable it to develop cutting-edge solutions like advanced battery systems and efficient motor designs. Tork Motors’ emphasis on the unique selling proposition of sporty design coupled with functional utility sets it apart from many competitors. 

    Its strategic alliances with local suppliers and manufacturers further bolster its position in the market, enhancing operational efficiencies and cost management, which are increasingly important in the competitive landscape. Simple Energy presents itself as a promising player in the India Electric Motorcycle Market, focusing on the development of technologically advanced electric motorcycles designed specifically for the Indian consumer base. The company's flagship products aim to address the need for reliable performance and affordability, ensuring a wider appeal among first-time electric vehicle buyers. 

    Simple Energy has made notable strides in establishing its market presence through targeted marketing initiatives and collaborations with local distribution networks, enhancing consumer accessibility and brand visibility. The company's strengths encompass not only innovative product offerings but also a keen understanding of consumer preferences and behavior in India. Simple Energy has been proactive in creating strategic partnerships and has explored opportunities for mergers and acquisitions to bolster its development capabilities, further solidifying its position in a competitive market. The company's focus on sustainability and customer-centric designs strengthens its appeal as a leading brand in India’s evolving electric motorcycle landscape.

    Key Companies in the India Electric Motorcycle Market market include

    Industry Developments

    The India Electric Motorcycle Market is witnessing significant developments as various companies strive for innovation and expansion. Tork Motors recently launched its electric motorcycle aiming to enhance the eco-friendly transport segment further. Simple Energy is also gaining traction with its innovative designs, contributing to increased competition in the market. In August 2023, TVS Motors announced plans to expand its portfolio in electric vehicles, focusing on high-performance models, while Hero Electric and Bajaj Auto are pushing for further advancements in battery technology and charging infrastructure. 

    Additionally, Ampere Vehicles is working on new models to cater to urban demand. In terms of mergers and acquisitions, Ultraviolette Automotive, in September 2023, successfully secured a strategic investment from a prominent venture capital firm, amplifying its production capacity. Furthermore, the market has been on a growth trajectory, driven by government incentives and increasing environmental awareness among consumers. The market value for electric motorcycles in India has been bolstered by the growing interest in eco-friendly transportation solutions over the last few years, with major investments leading to innovations across companies like Ather Energy and Revolt Motors.

    Future Outlook

    India Electric Motorcycle Market Future Outlook

    The India Electric Motorcycle Market is poised for robust growth at a 20.81% CAGR from 2024 to 2035, driven by technological advancements, government incentives, and increasing consumer demand for sustainable transportation.

    New opportunities lie in:

    • Develop advanced battery technologies to enhance range and reduce charging time.
    • Expand charging infrastructure partnerships to improve accessibility for consumers.
    • Leverage smart technology integration for enhanced user experience and connectivity.

    By 2035, the India Electric Motorcycle Market is expected to achieve substantial growth, reflecting a transformative shift in transportation.

    Market Segmentation

    Electric Motorcycle Market Range Outlook

    • Below 75 Miles
    • 75-100 Miles
    • Above 100 Miles

    Electric Motorcycle Market Voltage Outlook

    • Below 24 Volt
    • 24-48 volt
    • 48-60 volt
    • Above 60 volt

    Electric Motorcycle Market Battery Type Outlook

    • Li-ion
    • Lead Acid
    • Nickel Metal Hydride

    Report Scope

     
    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 1.05 (USD Billion)
    MARKET SIZE 2024 1.12 (USD Billion)
    MARKET SIZE 2035 4.1 (USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 12.481% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Tork Motors, Simple Energy, Greta Electric, Chetak Technologies, TVS Motors, Ultraviolette Automotive, Hero Electric, Ampere Vehicles, Energica Motor Company, Yulu Bikes, Ather Energy, Revolt Motors, Bajaj Auto, Okinawa Autotech
    SEGMENTS COVERED Range, Battery Type, Voltage
    KEY MARKET OPPORTUNITIES Government incentives for EV adoption, Growing urban congestion and pollution concerns, Rising fuel prices driving electric shift, Expanding charging infrastructure network, Increasing consumer awareness and demand for eco-friendly vehicles
    KEY MARKET DYNAMICS Government incentives and subsidies, Rising fuel prices, Growing environmental awareness, Improving battery technology, Increasing urban congestion
    COUNTRIES COVERED India

    FAQs

    What is the expected market size of the India Electric Motorcycle Market in 2024?

    The India Electric Motorcycle Market is expected to be valued at 1.12 billion USD in 2024.

    What is the projected market size for the India Electric Motorcycle Market by 2035?

    The market is projected to grow to 4.1 billion USD by the year 2035.

    What is the expected CAGR for the India Electric Motorcycle Market during the forecast period?

    The expected CAGR for the market from 2025 to 2035 is 12.481%.

    Which segment of electric motorcycles has the largest market share in 2024?

    In 2024, the '75-100 Miles' range segment holds a significant market share, valued at 0.45 billion USD.

    How much is the 'Below 75 Miles' segment expected to be valued at in 2035?

    By 2035, the 'Below 75 Miles' segment is expected to be valued at 1.25 billion USD.

    What are the key players in the India Electric Motorcycle Market?

    Major players include Tork Motors, Simple Energy, Greta Electric, and TVS Motors, among others.

    What is the anticipated market growth rate for the segment 'Above 100 Miles' from 2024 to 2035?

    The 'Above 100 Miles' segment is expected to grow from 0.32 billion USD in 2024 to 1.1 billion USD in 2035.

    What are some emerging trends driving the India Electric Motorcycle Market?

    Technological advancements, rising fuel prices, and increased environmental awareness are driving market growth.

    How will the current global scenario impact the India Electric Motorcycle Market?

    The current global scenario may affect supply chains and consumer demand, posing challenges and opportunities.

    What is the projected market size for the '75-100 Miles' segment in 2035?

    The '75-100 Miles' segment is projected to reach a market size of 1.65 billion USD by 2035.

    India Electric Motorcycle Market Research Report - Forecast to 2035 Infographic
    Free Sample Request

    Kindly complete the form below to receive a free sample of this Report

    Customer Stories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne Founder
    Case Study
    Chemicals and Materials