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May 19,2025

India Dominates Global Electric Three-Wheeler Market Growth

India maintained its lead in the global electric three-wheeler (3W) market in 2024, with sales rising nearly 20% to 700,000 units. This growth, despite a global 5% 3W market decline, is driven by strong policy support like the PM E-DRIVE scheme. India also saw dynamic growth in electric two-wheelers (2Ws), reaching 1.

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