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A deep dive 🧵🧵 on electric 2W industry as the adoption grows and fund flows. Enjoy!
#e2W #ElectricVehicles #automobile
#e2W #ElectricVehicles #automobile
India is known to be a sleeping giant for electric 2W market. After all it represents more than 1/3rd of global demand and still expected to grow the fastest at 7%+ CAGR for next 5Y by market researchers. Well the giant seems to be awakening this year.
Kudos to Delhi to forcing logistics players to adopt e2W faster. Because in the next 5Y, India's ecom and last mile food delivery size is expected to grow at 27% and 50%+ CAGR respectively..
