The first electric bike was on Indian roads by this middle of this decade. In less than a decade, India has now more than 100 e-bike companies as per ARAI stats. E-bike component manufacturers started evolving now-a-days keeping the future prospects. Association of Small and Medium electric vehicle manufacturers started. Online information portals exclusively for EVs like EVHUB.IN, EVHUB.BIZ, and EVFUTURE.COM. Despite the market reach and popularity, still Electric vehicle business is in nascent stage. Why?
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