Which Growth Drivers Will Transform the Electric Two-Wheeler Industry?
The industry is experiencing transformational growth driven by government policies and advancements in battery and connectivity and will register a 28.4% sales CAGR between 2023 and 2030
Overview
The EV industry is witnessing increasing investments in advanced battery chemistries to support faster charging speeds and cell stability. The growing megatrend of online shopping is enabling consumers to explore online electric two-wheeler (e2W) sales and service options, and the rising smartphone penetration and increasing social media access are making consumers more knowledgeable about e2W products.
How can e2W OEMs leverage online platforms to facilitate sales and service to increase footfall and sales conversions?
How has the need for e2W OEMs to develop thermal management systems for optimal performance of the battery and motor in different riding conditions paved the way for new growth opportunities?
Which new growth prospects will emerge based on the expected entry of traditional OEMs into e2W segments, ICE 2W bans, and net-zero targets? How will they impact demand and growth?
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