New Delhi: Nearly 43 per cent of Indian two-wheeler buyers are actively considering an electric vehicle, up from 30 per cent in 2024, with nearly one in four scooters sold in the country now being electric, a report said on Monday.
The report from Boston Consulting Group (BCG) said about 1.8 lakh Indians are buying their first electric two-wheeler each month. Electric two-wheelers accounted for 9.9 per cent of all two-wheeler sales in FY27 so far, covering April-August 2026, up from 5.5 per cent in FY24. EV penetration among scooters jumped to 24.1 per cent from 16.8 per cent over the same period.
Electric scooters have grown at 54 per cent CAGR between FY22 and FY26, more than three times faster than petrol scooters. Consumer resistance to electric two-wheelers is also easing, with outright rejection falling to 29 per cent from 38 per cent in 2024.
The share of ‘E2W Enthusiasts’ has grown 1.5-fold in the last two years, though detractors remain steady at about 20 per cent of the market.
"The brands that will lead are the ones that build for how Indians actually ride, rather than for price bands alone, and that earn trust across the entire ownership journey, from service and battery assurance to insurance and resale,” said Saurabh Chhajer, Managing Director and Partner, BCG.
Nearly 59 per cent of short-distance work commuters found E2Ws aesthetically pleasing, up from 30 per cent in 2024. Respondents crediting them with good pickup rose from 27 per cent to 48 per cent, and those who associate them with trusted brands from 28 per cent to 46 per cent.
Owners rated them well on low running and maintenance cost, comfort, aesthetics, manoeuvrability, storage and digital features. Rough-road capability, city-to-highway capability, and longevity still remain concerns for buyers.