Urja Daily
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
No Result
View All Result
Urja Daily
No Result
View All Result
Home Editor's Pick Articles

Challenges faced by India’s electric bike market, and the way ahead

Urja Daily by Urja Daily
March 31, 2023
in Articles, E-Mobility
Reading Time: 4 mins read
0
eBikeGo
Share on FacebookShare on TwitterShare on Linkedin

India’s electric bike market has been growing steadily over the past few years, with increasing awareness about the environmental benefits of electric vehicles and the rising cost of petrol. According to market analysis report by Motor Intelligence the E-Bike market in india is projected to register a CAGR OF 9.94%.The ET Auto report suggest that the electric two-wheeler industry has ambitious plans to increase its manufacturing capacity to over 30 million units annually by 2026, which is a 50% increase from the highest annual sales of two-wheelers in India to date. However, if this goal is achieved, it could result in an oversupply of electric vehicles even in an optimistic scenario where all two-wheelers sold are electric by 2030. At the same time, India’s electric bike market is facing significant challenges despite the government’s push towards promoting electric vehicles.The market has yet to gain expected traction, with sales of electric bikes lagging far behind their fossil fuel counterparts. In this article, we will discuss the challenges faced by the Indian electric bike market and the way ahead.

Lack of Charging Infrastructure

RELATED POSTS

Are Your Electronics Ready for Summer Shipping Challenges?

Neodymium and Dysprosium: Driving Forces Behind the Rare Earth Market Surge

One of the biggest challenges faced by the electric bike market in India is the lack of charging infrastructure. Unlike petrol stations, charging stations are not widely available across the country. This means that electric bike owners have limited options when it comes to charging their vehicles. As per the IVCA-EY-Indu law report India has 1742 charging stations in total. Along with the infrastructural challenge, the charging time for electric bikes is also longer than that of petrol vehicles, which can be a deterrent for potential buyers.

To address this issue, the government of India has launched the FAME (Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles) scheme, which aims to establish a robust charging infrastructure across the country. The scheme provides financial incentives to both individuals and organizations for the purchase of electric vehicles and the installation of charging stations.

High Cost of Electric Bikes

Another challenge faced by the electric bike market in India is the high cost of electric bikes compared to petrol bikes. While the operating cost of electric bikes is lower than that of petrol bikes, the upfront cost of purchasing an electric bike is significantly higher. This can be a deterrent for potential buyers, especially in a price-sensitive market like India.

To address this issue, the government of India has launched several initiatives, including the FAME scheme and GST (Goods and Services Tax) reduction on electric vehicles, to make electric bikes more affordable for the general public. Finance Minister Nirmala Sitharaman also made several key announcements for India’s automotive and growing electric mobility sector in the 2023 budget announcements held on February 1, 2023. The major light was on improved green mobility, and the promotion of hydrogen production and biogas production, The focus on mobility was also extended to the exemption of tax on the goods imported for the electric vehicle batteries.

The Finance Minister has declared that the Indian government is taking measures to promote the use of cleaner transportation options. One such measure is the exemption of capital goods and machinery required for the production of lithium-ion cells used in electric vehicle (EV) batteries. This step is aimed at encouraging the adoption of cleaner mobility alternatives. In addition, the customs duty on lithium-ion batteries has been reduced from 21 percent to 13 percent, excluding textiles and agriculture commodities. These actions are expected to accelerate the growth of the EV industry in India and support the country’s transition to a low-carbon economy. This will future push the adoption of Electric Vehicle high, in the country.

In addition, several electric bike manufacturers have also started offering financing options to make their products more accessible to customers.

Limited Range of Electric Bikes

Another challenge faced by the electric bike market in India is the limited range of electric bikes. Most electric bikes available in the market today have a range of around 60-70 km on a single charge, which may not be sufficient for long-distance travel. This can be a deterrent for potential buyers, especially those who rely on their bikes for daily commutes.

While the limited range of electric bikes is one of the challenges facing the adoption of electric mobility, several initiatives are underway to address this issue. The development of fast-charging infrastructure, advancements in battery technology, and regenerative braking systems will play a crucial role in increasing the range of electric bikes and accelerating their adoption. Additionally, the government of India can also provide incentives for research and development in this area to encourage innovation.

Lack of Awareness Among Consumers

Another challenge faced by the electric bike market in India is the lack of awareness among consumers about the benefits of electric bikes. While there is increasing awareness about the environmental benefits of electric vehicles, many consumers are still not aware of the cost savings and other benefits of electric bikes.

According to a survey conducted by YouGov, only 31% of Indians are aware of e-bikes. This lack of awareness makes it difficult for companies to market their products and reach potential customers.

To address this issue, the government of India can launch awareness campaigns to educate consumers about the benefits of electric bikes. Electric bike manufacturers can also play a role in this by providing more information about their products and the benefits they offer.

Conclusion

The challenges faced by India’s electric bike market are significant, but there is also immense potential for growth in this sector. With the right policies and initiatives in place, India can become a leader in the global electric bike market. The government of India, electric bike manufacturers, and other stakeholders need to work together to address the challenges and pave the way for a brighter future for electric bikes in India. This is why to combat the aforementioned challenges the government in 2023 budget announcements highlighted the Indian government’s commitment to promoting green mobility and sustainable energy solutions. In addition to tax exemptions on capital goods related to EV batteries, the government has allocated Rs 19,700 crores towards the National Green Hydrogen Mission, aimed at achieving 5MMT annual production of green hydrogen by 2030. This initiative will give crucial support to India’s EV sector to help India transition towards a low-carbon economy, with the net-zero mission of 2070. Furthermore, the Gobardhan scheme will support the growth of biogas with an investment of Rs 10,000 crores, which includes the establishment of 200 compressed biogas plants and 300 cluster-based plants. The implementation of these measures is expected to accelerate the adoption of cleaner transportation options and help India flourish in the EV market.

 

Tags: eBikeGoelectric bikeelectric two-wheelerelectric vehicles
ShareTweetShare
Urja Daily

Urja Daily

Related Posts

Cortec

Are Your Electronics Ready for Summer Shipping Challenges?

by Palak
June 25, 2025
0

Rust can happen at any time of year, but summer’s trademark rise in temperatures and humidity increase the risk of...

Neodymium

Neodymium and Dysprosium: Driving Forces Behind the Rare Earth Market Surge

by Palak
June 25, 2025
0

In the global race toward clean energy, advanced electronics, and sustainable mobility, the Rare Earth Elements Market has gained unprecedented attention. At...

Oben Electric

Oben Electric Secures Rs 500 Million in Extended Series A Funding Round

by Palak
June 20, 2025
0

Oben Electric has raised Rs 500 million through an extended Series A funding round. The round saw participation from both...

Mr. Saleem Ahmed, Officiating Head, ESSCI

Why Semiconductor Jobs Are the Next Big Thing for Indian Engineers?

by Palak
June 13, 2025
0

In the next ten years, India will witness a tectonic shift in its technological landscape, one that will decisively shape...

STMicroelectronics

STMicroelectronics’ Automotive gate driver enables scalable and high-performance EV-powertrain designs

by Palak
June 11, 2025
0

STMicroelectronics’ STGAP4S galvanically isolated automotive gate driver for SiC MOSFETs and IGBTs gives flexibility to control inverters of different power ratings featuring...

Next Post
Growatt INFINITY 1300

Growatt INFINITY 1300: LFP Batteries Redefine Its Sustainability and Stability

James Eaton and Andy Palmer at IONETIC

IONETIC Appoints Dr. Andy Palmer CMG as Chairman

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

THDC

THDC Inks Deals for 184.08 MW Green Power Supply from Tehri PSP

June 28, 2025
World Bank

World Bank and IAEA Ink Pact to Promote Safe Nuclear Energy in Developing Nations

June 28, 2025

MOST VIEWED

  • Hydrom

    Hydrom and Thyssenkrupp Nucera Partner for Green Hydrogen Projects in Oman

    0 shares
    Share 0 Tweet 0
  • SFC India Selected Dassault Systèmes for Indigenization and Digital Transformation of Wastewater Treatment Plants

    0 shares
    Share 0 Tweet 0
  • Juniper Green Energy Secures 1 GW Solar Module Deal with First Solar

    0 shares
    Share 0 Tweet 0
  • PGCIL Wins ISTS Project for Renewable Energy Integration in Karnataka

    0 shares
    Share 0 Tweet 0

THDC Inks Deals for 184.08 MW Green Power Supply from Tehri PSP

World Bank and IAEA Ink Pact to Promote Safe Nuclear Energy in Developing Nations

Toyota Kirloskar Motor Partners with Ohmium to Advance Green Hydrogen Solutions in India

NSE Waives Transaction Charges on Electricity Futures Until December 2025

COMAU Unveils Innovative N-WG Welding Gun at Automatica 2025

An Exclusive Interview with Rachna Kango | Delta Electronics India Private Limited

Latest Magazine

© 2016 – 2025 TechZone Print Media | All Rights Reserved

  • About Us
  • Contact Us
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe

© 2016 - 2025 TechZone Print Media | All Rights Reserved