In recent years, India has emerged as a trailblazer in the sustainable transportation revolution, focusing strongly on electric vehicles (EVs). The Government’s proactive measures have significantly boosted the EV sector, leading to increased sales and a thriving startup ecosystem. 

By 2030, the EV two wheeler market is expected to reach 22 Mn units, representing 80% of the overall market. According to Blume EV Primer 2.0 report, EV three wheeler’s new sales are projected to reach 85% penetration, and EV four wheeler sales are set to surpass 900K units by 2030.