Project Report on Electric Two Wheeler Manufacturing
India electric scooters and motorcycles market size valued at $24.6 million in 2016, it is expected to grow at a CAGR of 45.4% during 2017 - 2025. Electric scooters started commercially selling in India in mid 2000s. However, the sales grew slowly, mainly because of sub-standard products, lack of government support and high taxes. However, with increasing government support and rising population awareness electric scooter and motorcycle sales in the country is expected to grow significantly over the forecast period. The investors interest in this market has increased and start-ups, backed up by leading venture capitalists have entered into the market. Moreover, leading two-wheeler manufacturers too have announced their plans to launch electric scooters and motorcycles in coming years.
The environmental performance of e-bikes relative to other competing modes in the PRC is an important comparison. E-bikes are more environmentally friendly on almost all metrics than cars or taxis. However, based on user surveys, most e-bike users would otherwise use other low-cost modes, such as bus or bicycle. In these cases, e-bikes have comparable or worse environmental performance on some metrics and better performance on others. E-bike environmental performance relative to bicycle, motorcycle, bus, and car is analyzed using reports and industrial statistics. The environmental impacts in this analysis include energy use and emissions of CO2, SO2, PM, hydrocarbons, carbon monoxide (CO), and lead over the production and use phases of the life cycle. This analysis shows that e-bike emissions, including material production and vehicle use phases, perform comparably to buses and significantly better than motorcycles and cars on most environmental metrics.
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Ankur Gupta
Engineers India Research Institute
New Delhi, India
Website: https://www.eiriindia.org/
Email: [email protected]
Phone: +91-9289151047, +91-9811437895
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