After the rise in inflation and crude oil, now the prices of electric scooters can also increase up to Rs 45,000 in the next three years. Crisil said in a report that the demand for e-vehicles is increasing due to increasing awareness among people to save the environment. Most of the e-scooters are seeing a boom in demand.
According to the report, due to the increase in the attraction of people towards e-scooters, their prices may see an increase of up to Rs 45,000 by 2025. This can be compensated by the Production Based Incentive (PLI) scheme for e-vehicles. The growing adoption of e-vehicles will continue due to cost-effectiveness, availability of multiple models and easy at-home charging options.