Electric vehicle adoption in India’s two-wheeler segment is set to accelerate, with Ather Energy estimating that EV penetration could reach nearly 40% by FY2031. The company highlighted that growing consumer awareness, supportive government policies, and advancements in charging infrastructure will play a key role in driving this transition.
 

According to Ather, the next few years will witness a shift in demand as battery costs decline and technology improves, making EVs more competitive with traditional petrol scooters and motorcycles. The company also emphasized the importance of expanding localized manufacturing and strengthening the supply chain to sustain long-term growth.
 

Industry experts believe that a 40% EV share in the two-wheeler market would mark a significant leap for India’s clean mobility journey, helping reduce dependence on fossil fuels and contributing to lower carbon emissions.