India became the world's largest producer of electric two-wheelers in 2026, overtaking China. Key companies: Ola Electric, Ather Energy, Hero Electric, TVS. Supported by FAME II scheme. India's EV penetration target: 30% by 2030.
Science & Tech
India Becomes World's Largest Producer of Electric Two-Wheelers, Overtaking China
Key Points
- India became the world's largest producer of electric two-wheelers in 2026, overtaking China
- Key companies: Ola Electric, Ather Energy, Hero Electric, TVS
- Supported by FAME II scheme
- India's EV penetration target: 30% by 2030
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📎 Read original source ↗Exam Note
• India: world's largest E2W producer (2026), overtook China • Key companies: Ola Electric, Ather, Hero Electric, TVS, Bajaj Chetak • FAME II scheme; PLI for ACC batteries; 30% EV target by 2030
