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India Electric Motorcycle Market

ID: MRFR/AT/45364-HCR
200 Pages
Garvit Vyas
October 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

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India Electric Motorcycle Market Infographic
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India Electric Motorcycle Market Summary

As per analysis, the India Electric Motorcycles Market is projected to grow from USD 0.878 Billion in 2025 to USD 2.41 Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 10.76% during the forecast period (2025 - 2035).

Key Market Trends & Highlights

The India Electric Motorcycles Market is poised for substantial growth driven by technological advancements and supportive government policies.

  • The commuting segment remains the largest, reflecting a steady demand for electric motorcycles among daily riders.
  • Delivery services represent the fastest-growing segment, indicating a shift towards electric solutions for logistics and transportation.
  • Lithium-ion batteries dominate the market, while lead-acid batteries are emerging rapidly due to their cost-effectiveness.
  • Government policies and rising fuel prices are key drivers propelling the adoption of electric motorcycles in India.

Market Size & Forecast

2024 Market Size 0.784 (USD Billion)
2035 Market Size 2.41 (USD Billion)
CAGR (2025 - 2035) 10.76%

Major Players

Hero Electric (IN), Bajaj Auto (IN), TVS Motor Company (IN), Ather Energy (IN), Revolt Motors (IN), Okinawa Autotech (IN), Ultraviolette Automotive (IN), Yamaha Motor (JP), Kawasaki Heavy Industries (JP)

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India Electric Motorcycle Market Trends

The India Electric Motorcycles Market is currently experiencing a transformative phase, driven by a confluence of technological advancements, government initiatives, and shifting consumer preferences. The Indian government has implemented various policies aimed at promoting electric vehicles, including electric motorcycles, as part of its broader strategy to reduce carbon emissions and enhance energy security. This regulatory support, coupled with increasing awareness of environmental issues among consumers, appears to be fostering a more favorable landscape for electric motorcycles. Furthermore, advancements in battery technology and charging infrastructure are likely to enhance the appeal of electric motorcycles, making them a more viable option for daily commuting. In addition to government support, the India Electric Motorcycles Market is witnessing a surge in interest from manufacturers, who are increasingly investing in research and development to create innovative products. This trend suggests a growing recognition of the potential for electric motorcycles to meet the demands of urban mobility. As urban populations expand and traffic congestion becomes more pronounced, electric motorcycles may offer a practical solution for commuters seeking efficient and eco-friendly transportation options. Overall, the market appears poised for growth, with a combination of supportive policies, technological advancements, and changing consumer attitudes driving its evolution.

Government Initiatives and Incentives

The Indian government has introduced various initiatives to promote electric vehicles, including electric motorcycles. These initiatives often include financial incentives, subsidies, and tax benefits aimed at both manufacturers and consumers. Such measures are designed to encourage the adoption of electric motorcycles, thereby contributing to the reduction of pollution and dependence on fossil fuels.

Technological Advancements in Battery Systems

Recent developments in battery technology are playing a crucial role in shaping the India Electric Motorcycles Market. Innovations in lithium-ion batteries, including improvements in energy density and charging speed, are likely to enhance the performance and range of electric motorcycles. This progress may lead to increased consumer confidence and wider acceptance of electric motorcycles as a practical mode of transportation.

Rising Consumer Awareness and Demand

There is a noticeable increase in consumer awareness regarding the benefits of electric motorcycles, including lower operating costs and environmental advantages. As more individuals become informed about the advantages of electric mobility, demand for electric motorcycles is expected to rise. This trend indicates a shift in consumer preferences towards sustainable transportation solutions.

India Electric Motorcycle Market Drivers

Government Policies and Support

The India Electric Motorcycles Market is significantly influenced by government policies aimed at promoting electric mobility. The Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme has been pivotal in providing financial incentives for electric vehicle purchases, including motorcycles. This initiative has led to a surge in electric motorcycle sales, with the market witnessing a growth rate of approximately 20% annually. Additionally, state governments are implementing their own incentives, further enhancing the attractiveness of electric motorcycles. These policies not only reduce the upfront costs for consumers but also encourage manufacturers to invest in electric motorcycle production, thereby fostering a more robust market environment.

Urbanization and Traffic Congestion

Rapid urbanization in India is a driving force behind the growth of the India Electric Motorcycles Market. As cities expand, traffic congestion becomes a pressing issue, prompting consumers to seek alternative modes of transportation. Electric motorcycles offer a viable solution, providing a compact and efficient means of navigating crowded urban environments. The increasing number of two-wheeler registrations, which reached over 20 million in 2023, indicates a shift towards more sustainable transportation options. Moreover, electric motorcycles contribute to reducing air pollution, aligning with the government's goals for cleaner urban air quality. This trend is likely to continue, further propelling the demand for electric motorcycles in urban areas.

Rising Fuel Prices and Economic Factors

The escalating prices of fossil fuels are a critical factor influencing the India Electric Motorcycles Market. As fuel costs rise, consumers are becoming more conscious of their transportation expenses, leading to a growing interest in electric motorcycles as a cost-effective alternative. Electric motorcycles typically have lower operating costs compared to their gasoline counterparts, with savings on fuel and maintenance. The average cost of electricity for charging is significantly lower than petrol prices, making electric motorcycles an economically viable option for many consumers. This economic shift is likely to drive further adoption of electric motorcycles, as individuals seek to mitigate the impact of rising fuel prices on their budgets.

Environmental Concerns and Sustainability

Growing environmental awareness among consumers is a significant driver for the India Electric Motorcycles Market. As concerns about air pollution and climate change intensify, more individuals are opting for eco-friendly transportation solutions. Electric motorcycles produce zero tailpipe emissions, making them an attractive alternative to traditional gasoline-powered vehicles. The Indian government has set ambitious targets for reducing carbon emissions, which further encourages the adoption of electric vehicles. Market Research Future indicates that nearly 60% of potential motorcycle buyers express interest in electric options, highlighting a shift in consumer preferences towards sustainability. This trend is expected to bolster the electric motorcycle market as consumers increasingly prioritize environmental considerations in their purchasing decisions.

Technological Innovations in Electric Motorcycles

Technological advancements play a crucial role in shaping the India Electric Motorcycles Market. Innovations in battery technology, such as lithium-ion batteries, have improved energy density and reduced charging times, making electric motorcycles more appealing to consumers. The introduction of smart features, including regenerative braking and connected vehicle technology, enhances user experience and safety. As manufacturers continue to invest in research and development, the market is expected to see a proliferation of high-performance electric motorcycles. This technological evolution not only meets the growing consumer demand for efficient and sustainable transportation but also positions India as a competitive player in The Electric Motorcycles.

Market Segment Insights

By Application: Commuting (Largest) vs. Delivery Services (Fastest-Growing)

In the India Electric Motorcycles Market, the application segments are evolving with distinct characteristics. Commuting holds the largest market share, driven by the growing urban population and demand for sustainable transportation solutions. Meanwhile, Delivery Services are rapidly gaining traction, fueled by the e-commerce boom and the need for efficient last-mile delivery solutions. Both segments showcase unique consumer behaviors and preferences reflecting India's changing mobility dynamics. The growth trends for electric motorcycles in these segments highlight a significant shift in consumer preferences towards eco-friendly alternatives. Factors such as government incentives for electric vehicles, advancements in battery technology, and rising fuel prices have contributed to an upswing in adoption rates in Delivery Services. Moreover, the increasing focus on reducing carbon footprints is pushing more users towards commuting via electric motorcycles, promising a robust growth trajectory for both segments in the coming years.

Commuting (Dominant) vs. Recreational (Emerging)

The Commuting segment is the dominant force in the India Electric Motorcycles Market, characterized by a substantial user base that relies on electric motorcycles for daily transportation. This segment benefits from the convenience and cost-effectiveness of electric vehicles, as users seek economical and eco-friendly commuting options in urban areas. In contrast, the Recreational segment is emerging, attracting consumers seeking leisure riding experiences. This segment's growth is stimulated by evolving lifestyles, increased disposable income, and a desire for adventure. Recreational electric motorcycles offer unique features and performance enhancements, appealing to enthusiasts and casual riders alike. As both segments evolve, they reflect the changing attitudes toward mobility solutions in India.

By Battery Type: Lithium-Ion (Largest) vs. Lead-Acid (Fastest-Growing)

In the India Electric Motorcycles Market, battery type segmentation reveals that Lithium-Ion batteries dominate with a significant market share due to their high energy density and longer lifespan. Lead-Acid batteries, while traditionally used, are being challenged by the technological advancements in Lithium-Ion solutions. However, the adoption of Lead-Acid batteries in affordable motorcycle models continues to provide them with a considerable user base in rural and semi-urban regions. As electric motorcycles gain traction in India, the growth trends indicate a strong shift towards Lithium-Ion technology as manufacturers invest in research and expand their production capabilities. Lead-Acid batteries are showing rapid growth in the low-cost segment due to their attractive pricing, making them an emerging choice among budget-conscious consumers. The push for sustainable alternatives has also accelerated the exploration of innovative battery solutions such as Solid-State and Flow Batteries, promising future growth.

Battery Type: Lithium-Ion (Dominant) vs. Lead-Acid (Emerging)

Lithium-Ion batteries are recognized as the dominant battery technology in the India Electric Motorcycles Market due to their superior energy efficiency, lightweight characteristics, and ability to support longer travel range between charges. They cater primarily to high-performance electric motorcycles and are the preferred choice for manufacturers aiming for longer lifespan and faster charging solutions. Conversely, Lead-Acid batteries, although deemed less efficient, have carved out an emerging position within the market, especially among entry-level models. Their affordability and reliability in less demanding applications keep them relevant, particularly in regions where cost considerations outweigh the technological advantages of Lithium-Ion solutions.

By Motor Type: Hub Motor (Largest) vs. Mid Drive Motor (Fastest-Growing)

In the India Electric Motorcycles Market, the market share is primarily dominated by Hub Motors, which are favored for their simplicity and cost-effectiveness. They account for a significant portion of the electric motorcycle segment due to their ease of installation and maintenance, making them popular among consumers seeking reliable and economical options. In contrast, Mid Drive Motors, though not as widely adopted, are gaining traction rapidly, especially among performance-oriented enthusiasts who appreciate their efficiency and power output. This growing popularity reflects a shift in consumer preferences towards higher performance electric motorcycles.

Hub Motor (Dominant) vs. Mid Drive Motor (Emerging)

Hub Motors are characterized by their compact design, located at the wheel hub, which offers a straightforward installation and low maintenance requirement. They provide adequate torque and are suitable for urban commuting, dominating the market with their affordability. In contrast, Mid Drive Motors are positioned as high-performance alternatives, providing better weight distribution and superior hill-climbing capabilities. They appeal to riders seeking enhanced acceleration and range, positioning them as an emerging segment amid India's evolving electric motorcycle landscape.

By Charging Infrastructure: Home Charging (Largest) vs. Fast Charging (Fastest-Growing)

In the India Electric Motorcycles Market, the charging infrastructure segment comprises various modes, with home charging currently holding the largest market share. Home charging has become the preferred choice for many consumers due to its convenience and cost-effectiveness, allowing users to charge their electric motorcycles overnight. Conversely, fast charging is gaining traction rapidly, offering the potential to recharge in much less time compared to traditional charging methods. The rise in urbanization and the increase in electric motorcycle adoption are driving the demand for faster charging solutions, making it a competitive sector. The growth trends within the charging infrastructure segment are indicative of a broader trend toward electrification in India. Both public charging stations and fast charging networks are expanding rapidly, fueled by government initiatives and investments in infrastructure development. New technologies such as battery swapping and wireless charging are also emerging as potential solutions to enhance the overall user experience. As consumers lean towards electric mobility, the evolution of charging solutions will play a crucial role in shaping the future of the electric motorcycle market in India.

Home Charging (Dominant) vs. Wireless Charging (Emerging)

Home charging has solidified its position as the dominant charging method in the India Electric Motorcycles Market, offering unmatched convenience for users. This mode allows owners to charge their vehicles in the comfort of their own homes, thus eliminating the need for frequent trips to charging stations. In contrast, wireless charging represents an emerging trend in the sector, gaining interest for its potential to revolutionize the way electric motorcycles are powered. With the promise of hassle-free charging and reduced wear on hardware, this technology is still in its developmental phase but holds significant promise for future adoption. As awareness of electric mobility increases, both segments will influence consumer preferences, with home charging offering immediate practicality and wireless solutions providing innovative long-term benefits.

By Consumer Demographics: Age Group (Largest) vs. Income Level (Fastest-Growing)

In the India Electric Motorcycles Market, the consumer demographics segment reflects a diverse market share distribution. The age group of 25-34 years has emerged as the largest consumer demographic, driven by younger consumers' increasing preference for eco-friendly transportation solutions. This age group represents a significant portion of electric motorcycle buyers, indicating a shift in riding trends while older age groups, particularly above 45, show slower adoption rates due to financial constraints and traditional preferences. Growth trends indicate a burgeoning interest among higher-income individuals, who are increasingly investing in electric motorcycles as disposable income rises and environmental awareness grows. Moreover, urban areas show rapid adoption rates, with the urban youth sector being the most enthusiastic about electric motorcycles, leading to an uptick in sales and a shift towards more sustainable transport options across the region.

Age Group (Dominant) vs. Income Level (Emerging)

The age group of 25-34 is considered the dominant demographic within the India Electric Motorcycles Market, characterized by an inclination towards sustainable transportation solutions and a lifestyle that embraces innovation. This segment comprises tech-savvy individuals who prioritize efficiency and environmental concerns, driving the demand for electric motorcycles. They typically reside in urban areas, where infrastructure supports electric vehicle usage. Meanwhile, the income level segment is emerging, particularly among middle to upper-middle-class consumers who are recognizing the long-term cost savings and environmental benefits provided by electric motorcycles. This segment is gradually expanding as manufacturers increase accessibility and affordability, leading to greater inclusion in various demographics and a more robust market profile.

Get more detailed insights about India Electric Motorcycle Market

Key Players and Competitive Insights

The Electric Motorcycles Market in India is currently characterized by a dynamic competitive landscape, driven by increasing consumer demand for sustainable transportation solutions and government incentives promoting electric mobility. Key players such as Hero Electric (India), Bajaj Auto (India), and Ather Energy (India) are strategically positioning themselves through innovation and regional expansion. Hero Electric (India) focuses on enhancing its product portfolio with advanced battery technologies, while Bajaj Auto (India) emphasizes partnerships with technology firms to bolster its electric vehicle (EV) capabilities. Ather Energy (India) is leveraging its strong brand presence and digital platforms to engage consumers, thereby shaping a competitive environment that prioritizes technological advancement and customer experience.

The market structure appears moderately fragmented, with several players vying for market share. Key business tactics include localizing manufacturing to reduce costs and optimize supply chains, which is crucial in a price-sensitive market. The collective influence of these major players fosters a competitive atmosphere where innovation and operational efficiency are paramount. As companies strive to differentiate themselves, the focus on sustainable practices and technological integration becomes increasingly evident.

In December 2025, Ather Energy (India) announced the launch of its new electric motorcycle model, which features cutting-edge battery technology aimed at extending range and improving performance. This strategic move is significant as it not only enhances Ather's product offerings but also positions the company as a leader in the high-performance segment of the market. The introduction of this model is likely to attract a broader customer base, particularly among tech-savvy consumers seeking advanced features in electric motorcycles.

In November 2025, Bajaj Auto (India) entered into a strategic partnership with a leading battery manufacturer to develop next-generation battery systems for its electric motorcycles. This collaboration is indicative of Bajaj's commitment to innovation and sustainability, as it aims to enhance the efficiency and longevity of its electric vehicles. By securing a reliable supply of advanced battery technology, Bajaj is poised to strengthen its competitive edge in the rapidly evolving market.

In January 2026, Hero Electric (India) unveiled its ambitious plan to expand its manufacturing capabilities by establishing a new facility in Maharashtra. This expansion is expected to increase production capacity significantly, allowing Hero to meet the growing demand for electric motorcycles. The strategic importance of this move lies in its potential to enhance supply chain reliability and reduce lead times, thereby positioning Hero Electric as a formidable player in the market.

As of January 2026, current trends in the Electric Motorcycles Market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence (AI) in product development and customer engagement. Strategic alliances among key players are shaping the competitive landscape, fostering innovation and collaboration. The shift from price-based competition to a focus on technological advancement and supply chain reliability is becoming evident. Companies that prioritize innovation and sustainability are likely to emerge as leaders in this evolving market, as consumer preferences continue to shift towards environmentally friendly and technologically advanced solutions.

Key Companies in the India Electric Motorcycle 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 Motorcycles Market is poised for growth at a 10.76% CAGR from 2025 to 2035, driven by increasing environmental awareness, government incentives, and advancements in battery technology.

New opportunities lie in:

  • Development of battery-swapping infrastructure for urban areas.
  • Partnerships with ride-sharing platforms for electric motorcycle fleets.
  • Expansion into tier-2 and tier-3 cities with tailored models.

By 2035, the market is expected to be robust, reflecting substantial growth and innovation.

Market Segmentation

India Electric Motorcycle Market Motor Type Outlook

  • Hub Motor
  • Mid Drive Motor
  • Direct Drive Motor
  • Geared Motor
  • Brushless Motor

India Electric Motorcycle Market Application Outlook

  • Commuting
  • Recreational
  • Delivery Services
  • Tourism
  • Off-Roading

India Electric Motorcycle Market Battery Type Outlook

  • Lithium-Ion
  • Lead-Acid
  • Nickel-Metal Hydride
  • Solid-State
  • Flow Battery

India Electric Motorcycle Market Consumer Demographics Outlook

  • Age Group
  • Income Level
  • Urban vs Rural
  • Gender
  • Lifestyle Preferences

India Electric Motorcycle Market Charging Infrastructure Outlook

  • Home Charging
  • Public Charging Stations
  • Fast Charging
  • Battery Swapping
  • Wireless Charging

Report Scope

MARKET SIZE 20240.784(USD Billion)
MARKET SIZE 20250.878(USD Billion)
MARKET SIZE 20352.41(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)10.76% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledHero Electric (IN), Bajaj Auto (IN), TVS Motor Company (IN), Ather Energy (IN), Revolt Motors (IN), Okinawa Autotech (IN), Ultraviolette Automotive (IN), Yamaha Motor (JP), Kawasaki Heavy Industries (JP)
Segments CoveredApplication, Battery Type, Motor Type, Charging Infrastructure, Consumer Demographics
Key Market OpportunitiesGrowing demand for sustainable transportation solutions drives innovation in the India Electric Motorcycles Market.
Key Market DynamicsRising consumer demand for sustainable transportation drives innovation and competition in India's electric motorcycles market.
Countries CoveredIndia
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FAQs

What is the current valuation of the India Electric Motorcycles Market?

The market valuation was 0.784 USD Billion in 2024.

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

The market is projected to reach 2.41 USD Billion by 2035.

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

The expected CAGR for the market from 2025 to 2035 is 10.76%.

Which companies are the key players in the India Electric Motorcycles Market?

Key players include Hero Electric, Bajaj Auto, TVS Motor Company, Ather Energy, and others.

What are the primary applications of electric motorcycles in India?

The primary applications include commuting, recreational use, delivery services, tourism, and off-roading.

How does the market segment by battery type look in terms of valuation?

In 2024, lithium-ion batteries accounted for 0.392 USD Billion, while lead-acid batteries were valued at 0.157 USD Billion.

What is the valuation of the charging infrastructure segment in the market?

The charging infrastructure segment was valued at 0.25 USD Billion for public charging stations in 2024.

What demographic factors influence the India Electric Motorcycles Market?

Demographic factors include age group, income level, urban vs rural distribution, gender, and lifestyle preferences.

What is the valuation of the recreational application segment in 2024?

The recreational application segment was valued at 0.157 USD Billion in 2024.

What types of motors are used in electric motorcycles and their market valuations?

Hub motors were valued at 0.235 USD Billion, while mid-drive motors were valued at 0.2 USD Billion in 2024.

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