E-commerce in India increasingly uses small electric mobility options like electric three-wheel vehicles.

 

E-commerce in India increasingly uses small electric mobility options like electric three-wheel vehicles.  

In fact, new electric vehicle registrations in the country surpassed 1 million in December 2022.


  • Electric vehicle registrations had a 300% growth YoY, which could keep growing due to e-commerce.
    • Statista estimates that India's e-commerce sector will grow from $74.8B in 2022 to $350B in 2030.
    • That is a 368% increase.
  • Moreover, the government Is providing a wide range of incentives to promote the use of electric vehicles and achieve net zero emissions by 2070.
    • That was India's commitment during the United Nations' 26th Conference of the Parties (COP26).

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