ELECTRIC THREE WHEELER CARGO MARKET IN INDIA

India’s electric three wheeler Vehicle 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
- Electric Three Wheeler Cargo market Overview in India:
- About Electric Three Wheeler Vehicle Market in India
- India Electric Three Wheeler Vehicle Market Segmentation
- Segment Wise (Fuel type) market share (%) of 3W (Cargo)
- Vehicle Category Wise Market Share
- Yearly sales trends
- Player wise sales and Market share
- State wise sales trends
- Leading city wise sales trends
- Electric Three Wheeler Technology:
- E3W technology and supply ecosystem
- Comparative matrix between electric and conventional diesel and CNG Cargo (L5N)
- Cargo Electric three Wheelers manufacturing landscape
- Battery Swapping Technology
- Supply Chain:
- Key Participants and their perspective roles
- Matrix Technology Product Development
- Key Component Manufacturers
- Key Market Drivers:
- Market Trends:
- E3W Cargo market outlook:
- Market projection up to 2030
- New product launches in FY2024
- Total Cost of Ownership (TCO) Analysis
- 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
- Investments Raised:
- Recent Industry Trends:
- Risks and Challenges:
- Key Component suppliers in E3W Cargo segment:
- Players overview
- Component specifications
- Imported Vs Local suppliers
- Price points and margin
- Key customers
- Key Players/E3W OEMs overview (Overview, Model specifications, Component Suppliers)
- Mahindra Last Mile Mobility
- Omega Seiki
- Piaggio Vehicles
- Euler Motors
- Dilli Electric
- Annexure
- Policy Incentives in different states
List of Figures
Figure 1: Electric three-wheeler Cargo sales in India
Figure 2. Electric three-wheeler Cargo sales in India
Figure 3. Player-wise E3W- Cargo sales
Figure 4. Sales & % Share in FY2023
Figure 5. Sales & % Share in FY2024
Figure 6. State-wise E3W-Cargo Sales
Figure 7. Major Markets of Cargo E3W as per FY2024
Figure 8. Cargo electric three-wheeler manufacturing plant’s location
Figure 9. Growth trend of different cargo electric three-wheeler segments in India
Figure 10. Category-wise E3W Sales’ Share (FY2024)
Figure 11. Component Value Proportion:
Figure 12. E3W-C sales projections
Figure 13. Range vs Top-speed for new models launched in FY2024
Figure 14. Comparison of TCO per km of E3W with different fuel types and different average daily travel distances
Figure 15. E3Ws incentivized under FAME II (as of Jan 2024)
Figure 16. Status of Approved E3W-C models under FAME
Figure 17. Active L5N Models
Figure 18. Active E-Cart Models
Figure 19. Outlay of 500 Crores for EMPS
Figure 20. Maximum number of EVs to be supported in EMPS Scheme
Figure 21: Sales in units of Mahindra’s E3W-C vehicles
Figure 22: Sales in units of Omega Seiki’s E3W-C vehicles
Figure 23: Sales in units of Piaggio Vehicle’s E3W-C vehicles
Figure 24: Sales in units of Euler’s E3W-C vehicles
Figure 25: Sales in units of Dilli Electric’s E3W-C vehicles
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