INDIA ELECTRIC SCOOTER BATTERY MARKET

INTRODUCTION

A vital step if the country is to achieve its carbon reduction targets, the Indian government is looking to battery swapping to support the uptake of EVs. 

EV technology is about to revolutionise India. It won't start in cars, only in the scooters and motorcycles that middle-class families often buy first. As a result, there are numerous opportunities for Indian automakers to manufacture cells for electric two-wheelers.

INDIA ELECTRIC SCOOTER BATTERY MARKET SIZE AND FORECAST

The India Electric Scooter Battery Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.

NEW PRODUCT LAUNCH

Hero MotoCorp, the largest two-wheeler manufacturer in India, will launch an electric scooter on the domestic market. The company's manufacturing site in Chittoor, Andhra Pradesh, will produce this revolutionary zero-emission vehicle. 

To assist in establishing battery swap stations across the nation, the business has already established a joint venture with Taiwanese business Gogoro.

Hero MotoCorp's scooter has a battery switching feature that could aid many Indian consumers who are unable to purchase electric scooters with fixed batteries and therefore support the adoption of EVs in the nation.

MARKET DYNAMICS

State funding would be provided to Ola Electric Mobility Pvt., a Bengaluru-based startup, to help it create EV batteries with a combined capacity of 20 gigawatt-hours.

Batt:RE plans to introduce its new Stor:ie, high-speed electric scooter to the Indian market. The Stor:ie is a strategically important addition to the growing Batt:RE electric vehicle portfolio, according to the electric scooter company with headquarters in Jaipur.

In addition to features like a detachable LFP battery, USB charging, dual disc brakes, a remote key, an anti-theft alarm, and more, the lithium-ion 48V 24Ah battery can be charged with a 3 Amp fast charger.

COMPANY PROFILE

• Ola Electric Mobility Pvt
• Reliance Industries Ltd
• Hyundai Motor Co. 
• Batt:RE
• Hero MotoCorp
• Charzer

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perIndia Electric Scooter Battery Marketright now and how will it change in the next 5-6 years?
2. Average cost to set up an Electric Scooter Battery Marketin India?
3. How manyIndia Electric Scooter Battery Marketare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aIndia Electric Scooter Battery Marketand key vendor selection criteria
6. Where is theIndia Electric Scooter Battery Market manufactured? What is the average margin per equipment?
7. Market share ofIndia Electric Scooter Battery Marketmanufacturers and their upcoming products
8. The most important plannedIndia Electric Scooter Battery Marketin next 2 years
9. Details on network of majorIndia Electric Scooter Battery Marketand pricing plans
10. Cost advantage for OEMs who manufactureIndia Electric Scooter Battery Marketin-house
11. 5 key predictions for next 5 years inIndia Electric Scooter Battery Market
12. Average B-2-BIndia Electric Scooter Battery Marketprice in all segments
13. Latest trends inIndia Electric Scooter Battery Market, by every market segment
14. The market size (both volume and value) of the India ElectricScooter Battery Marketin 2022-2027 and every year in between?
15. Global production breakup ofIndia Electric Scooter Battery Market, by suppliers and their OEM relationship