Over the past few years, electric scooters in India have witnessed tremendous growth due to regular petrol price rises and environmental concerns. Electric scooters are seen as the future of urban commuting.
This blog will discuss the future of electric scooters in India and what’s powering this shift towards e-scooters.
Government Initiatives for E-Scooters
The Indian government has been making significant efforts to create an EV ecosystem and infrastructure under the FAME II scheme. Financial incentives like subsidies have made e-scooters more affordable and attractive to buyers.
Rising awareness about eco-friendly transport has also sparked interest. Unsurprisingly, the Indian electric scooter market is predicted to grow at a ‘current’ CAGR of 90% from 2023-2030.
Charging Ahead: Key E-Scooter Trends in India
As per industry reports, the following key trends will switch on the high beam for mass e-scooter adoption in India:
- Increased range per charge: From just 60-80 km currently, technology enhancements will increase range to 100-150 km. Reduced ‘battery drain’ and increased run-time will diminish range anxiety.
- Faster charging: New battery technology will reduce charging times to just 1-2 hours compared to 4-5. Advanced features will make e-scooters more convenient.
- More charging stations: India currently targets over 2 million EV charging stations by 2030, up from about 2,000. Sufficient charging spots make buyers more confident to invest in e-scooters.
- Advanced tech features: Future e-scooters will offer smart features like geofencing, real-time diagnostics, and predictive analysis. Next-generation technology makes them smarter and safer.
- Lower prices: In about five years, electric scooter prices are expected to match regular petrol scooter prices as production increases. Right now, e-scooters cost about 30% more than traditional scooters, but more people will start using them as they become more affordable.
What Future Holds For Electric Scooters
While the present looks bright for electric scooters, the future looks even more ‘charged’ up. Here’s what lies in store:
- By 2025, over 6 million e-scooters are expected to run on Indian roads, as per industry reports. E-scooters could account for approx. 70-80% of all two-wheeler sales by 2030. No wonder significant auto-makers like Vegh Automobiles are gearing up their efforts in this space.
- More choice and competition will make it more convenient for buyers to choose between several options for e-scooters. There will be something for every preference and pocket, from affordable e-scooters under Rs 70,000 to premium ones.
- There’s also optimistic speculation around battery-as-a-service business models, which can reduce upfront costs. With this setup, you pay monthly ‘EMI’ just for the battery rather than paying for the entire scooter upfront. This pay-per-use format can encourage more people to start using electric scooters.
- Governments in different states are introducing new EV policies and incentives to encourage the growth of electric vehicles for both buyers and manufacturers.
Wrap Up
It looks like a clear road ahead for e-scooters to overtake fuel-powered scooters in India! The stage is set for an electric future that promises to be both sustainable and smart.
So let’s invest in the best eco-friendly e-scooters in India with Vegh Automobiles. We offer a range of stylish e-scooters in India with incredible designs, durable detachable batteries, the latest technology, comfortable seating, and more advanced features.
