Date of Publication- June 2023

India’s electric three wheeler market for cargo transportation has seen rapid growth in recent years. Providing last-mile connectivity for delivery of goods, ease of operation, requirement of lesser manpower, and source of additional income, are some of the reasons for this high growth. The below report gives a scenario of the market in India in terms of yearly sales, projections, market drivers, challenges, and an overview of key players.

Table of Content

  1. Market Overview
    • Yearly sales
    • Player-wise sales
    • FY2022 vs FY2023 market share
    • State-wise sales
  2. Key market drivers
  3. Market Trends
  4. E3W Cargo market outlook
    • Market projection up to 2030 in units
    • Market projection in value
  5. New product launches in FY2023
  6. Total Cost of Ownership (TCO) Analysis
  7. Policies and Regulations
    • Models approved under FAME II
    • E-Cart and L5N models approved under FAME II by players
    • Other central government schemes
    • State level incentives
  8. Investments raised
  9. Risks and Challenges
  10. Key Component suppliers to E3W OEMs
  11. Key Player Profiles (Sales, Model specifications, Component Suppliers, Clients, Investments, etc)
    • Mahindra Last Mile Mobility
    • Omega Seiki Mobility
    • Piaggio
    • Altigreen
    • Euler Motors
  12. Annexure
    • Policy Incentives in different states

Price: INR 2 lacs+18% GST (USD 2500)

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JMK Research & Analytics is a specialist consultancy firm providing research and advisory services to Indian and International clients across solar, wind and e-mobility segments.

Based on our in-depth sector experience, strong industry network, we provide key insights and detailed industry information which helps clients develop successful business models and market strategies.

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