India Electric Scooter Market Industry Trends, Demand, Forecast 2022-2028
A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting , revealed that the India electric scooter market is estimated to grow at a CAGR of 35% during 2022-2028. The growing popularity of electric scooters can be attributed to citizens' growing awareness of carbon emissions and sustainability, which is driving them to switch to electric transportation. The India electric scooter market is expected to have attractive development prospects in the projected period due to favorable government efforts and private-public investments in the construction of additional charging points at strategic places. Establishment Of New Charging Points is Propelling the Growth of the Market The central and state government as well as industry players are making major investments to increase the number of charging stations in the country. This is expected to be a major element in increasing the popularity of electric scooters among the ...