Thursday Jun 08, 2023

Electric 2 wheelers to achieve price parity by 2027, says study, Auto News, ET Auto

Electric 2 wheelers to achieve price parity by 2027, says study
Electric two wheelers in India are likely to achieve price parity with their petrol counterparts as early as 2027, a study done by International Council on Clean Transportation has revealed.

Comparing electric motorcycles and scooters with different battery sizes and varying ranges, ICCT has projected that an electric motorcycle with a 100 kilometer range would achieve cost parity with a similar petrol powered bike by 2027.

It would take another 3 years for a 150 kilometer range model while for the top of the line 250 kilometer model, parity would be achieved only by 2034. Currently, the RV400 electric bike

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