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100% Electric Two-Wheelers penetration by FY27, NITI Aayog Report

Published on June 30, 2022
Current Context: NITI Aayog and Technology Information, Forecasting and Assessment Council has forecasted that 100% penetration of electric two-wheelers in the Indian market by FY2026-27.
100% Electric Two-Wheelers penetration by FY27, NITI Aayog Report
  • It has been estimated that the R&D program manages to enhance the range and power of electric two-wheelers by 5% annually between FY2023-24 and 2025-26, and by 10% in FY 2026-2027.
  • Then the penetration of electric-two-wheelers may reach about 72% in FY 2031-32.
  • As per the report, the sale of electric two-wheelers may cross 220 lakh units by FY2028-29.
  • If the installed capacity of electric two-wheelers and charging infrastructure is sufficient then sales may even reach about 250 lakh units.
  • TIFAC is an autonomous organization set up in 1988 under the Department of Science & Technology.
  • Its main aim is to look ahead in the technology domain, assess the technology trajectories, and support innovation.

Question:

Q.1 As per the NITI Aayog report sale of electric two-wheelers may cross _______ units by FY2028-29?
a. 230 lakh
b. 330 lakh
c. 250 lakh
d. 220 lakh
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