India Electric Vehicle Market Size, Share, and Trends 2024 to 2034

The India electric vehicle size was USD 6.87 billion in 2023, estimated at USD 11.36 billion in 2024 and is anticipated to reach around USD 1,053.10 billion by 2034, expanding at a CAGR of 57.3% from 2024 to 2034.

  • Last Updated : August 2024
  • Report Code : 3163
  • Category : Automotive

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on India Electric Vehicle Market 

5.1. COVID-19 Landscape: India Electric Vehicle Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. India Electric Vehicle Market, By Propulsion Type

8.1. India Electric Vehicle Market Revenue and Volume, by Propulsion Type, 2024-2034

8.1.1 Battery electric vehicle

8.1.1.1. Market Revenue and Volume Forecast (2021-2034)

8.1.2. Hybrid electric vehicle

8.1.2.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 9. India Electric Vehicle Market, By Platform

9.1. India Electric Vehicle Market Revenue and Volume, by Platform, 2024-2034

9.1.1. Two-wheeler

9.1.1.1. Market Revenue and Volume Forecast (2021-2034)

9.1.2. Three-wheeler

9.1.2.1. Market Revenue and Volume Forecast (2021-2034)

9.1.3. Four-wheeler

9.1.3.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 10. India Electric Vehicle Market, By Vehicle Type

10.1. India Electric Vehicle Market Revenue and Volume, by Vehicle Type, 2024-2034

10.1.1. Passenger Vehicles

10.1.1.1. Market Revenue and Volume Forecast (2021-2034)

10.1.2. Commercial Vehicles

10.1.2.1. Market Revenue and Volume Forecast (2021-2034)

11.1. India

11.1.1. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

11.1.2. Market Revenue and Volume Forecast, by Platform (2021-2034)

11.1.3. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

Chapter 12. Company Profiles

12.1. Ather Energy Pvt Limited

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. JBM Auto Limited

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Bajaj

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Mahindra Electric Mobility Limited

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Ola

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. TVS

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Electrotherm

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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