Lately, there has been a lot of buzz around electric vehicles in India. Many large automobile companies like Maruti and Mahindra are looking at launching affordable electric motor cars<\/strong><\/a> to please the larger masses in India. The company is also introducing shared mobility using an all-electric vehicle<\/a> fleet in the country. But\u00a0in order to drive mass adoption of electric vehicles in India, we need to focus on the two-wheeler segment, as the two-wheeler category accounts for nearly 75% of the overall transportation fleet in the country. India is the world\u2019s largest two-wheeler market<\/strong>\u00a0with more than 20 million vehicles being sold every year.\u00a0The country is expected to witness volume growth in its domestic two-wheeler market. The total cost of owning and operating electric two-wheelers would be about Rs. 2 per km by\u00a02020<\/em>, as per BNEF.<\/p>\n China is already witnessing the two-wheeler electric drive, which has already accounted\u00a0for the reduction of almost 80%\u00a0of the total carbon dioxide emissions saved by EVs worldwide. India could also follow the Chinese success story in building an all-electric two-wheeler market<\/strong>. The Chinese have exempted electric two-wheelers from registration and requirement of a driving license, which has significantly driven electric two-wheeler adoption in the country.<\/p>\n
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